Subdued Growth No Barrier To Northam Platinum Holdings Limited (JSE:NPH) With Shares Advancing 29%
Apr 05
South African (JSE) Precious Metals and Minerals Industry Analysis
UpdatedJun 02, 2024
DataAggregated Company Financials
Companies7
- 7D-10.0%
- 3M10.2%
- 1Y-39.6%
- YTDn/a
Over the last 7 days, the Precious Metals and Minerals industry has dropped 10%, driven by a pullback from Anglo American Platinum of 15%. On the other hand Gemfields Group is actually up 7.8%. However, the industry is down 40% over the past year. Looking forward, earnings are forecast to grow by 57% annually.
Industry Valuation and Performance
Has the South African Precious Metals and Minerals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 03 Jun 2024 | R374.4b | R382.7b | -R34,254,668,868.40 | 8.2x | -10.9x | 1x |
| Wed, 01 May 2024 | R369.3b | R382.1b | -R33,995,810,245.00 | 8.2x | -10.9x | 1x |
| Fri, 29 Mar 2024 | R386.0b | R382.2b | -R35,000,008,413.00 | 9x | -11x | 1x |
| Sun, 25 Feb 2024 | R361.2b | R417.6b | R35.3b | 9.8x | 10.2x | 0.9x |
| Tue, 23 Jan 2024 | R433.4b | R449.9b | R53.2b | 7.6x | 8.1x | 1x |
| Thu, 21 Dec 2023 | R483.7b | R449.0b | R53.1b | 8.3x | 9.1x | 1.1x |
| Sat, 18 Nov 2023 | R417.2b | R449.8b | R53.8b | 8.2x | 7.8x | 0.9x |
| Mon, 16 Oct 2023 | R453.0b | R450.4b | R53.9b | 8.8x | 8.4x | 1x |
| Wed, 13 Sep 2023 | R404.6b | R451.1b | R55.4b | 5.5x | 7.3x | 0.9x |
| Fri, 11 Aug 2023 | R507.2b | R477.7b | R99.8b | 4.3x | 5.1x | 1.1x |
| Sun, 09 Jul 2023 | R499.1b | R498.8b | R118.7b | 4.3x | 4.2x | 1x |
| Tue, 06 Jun 2023 | R649.6b | R499.2b | R118.8b | 5x | 5.5x | 1.3x |
| Thu, 04 May 2023 | R680.9b | R498.1b | R119.3b | 5.4x | 5.7x | 1.4x |
| Sat, 01 Apr 2023 | R605.3b | R497.7b | R119.0b | 4.5x | 5.1x | 1.2x |
| Mon, 27 Feb 2023 | R650.0b | R503.6b | R119.0b | 5.3x | 5.5x | 1.3x |
| Wed, 25 Jan 2023 | R796.5b | R530.8b | R128.8b | 5.8x | 6.2x | 1.5x |
| Fri, 23 Dec 2022 | R820.2b | R530.8b | R128.8b | 6.4x | 6.4x | 1.5x |
| Sun, 20 Nov 2022 | R862.5b | R529.7b | R128.4b | 6.2x | 6.7x | 1.6x |
| Tue, 18 Oct 2022 | R749.3b | R530.6b | R128.6b | 5.7x | 5.8x | 1.4x |
| Thu, 15 Sep 2022 | R737.7b | R528.2b | R128.4b | 5.7x | 5.7x | 1.4x |
| Sat, 13 Aug 2022 | R743.6b | R556.0b | R145.7b | 4.6x | 5.1x | 1.3x |
| Mon, 11 Jul 2022 | R808.2b | R579.9b | R168.2b | 4.5x | 4.8x | 1.4x |
| Wed, 08 Jun 2022 | R845.5b | R578.3b | R167.4b | 5.1x | 5.1x | 1.5x |
| Fri, 06 May 2022 | R886.0b | R578.9b | R167.5b | 5.4x | 5.3x | 1.5x |
| Sun, 03 Apr 2022 | R1.0t | R577.7b | R167.3b | 5.7x | 6.2x | 1.8x |
| Tue, 01 Mar 2022 | R1.2t | R568.7b | R190.3b | 6.1x | 6.5x | 2.2x |
| Thu, 27 Jan 2022 | R1.0t | R557.2b | R181.3b | 4.7x | 5.5x | 1.8x |
| Sat, 25 Dec 2021 | R918.0b | R557.5b | R181.4b | 4.7x | 5.1x | 1.6x |
| Mon, 22 Nov 2021 | R948.3b | R578.3b | R184.4b | 5x | 5.1x | 1.6x |
| Wed, 20 Oct 2021 | R940.2b | R577.5b | R184.3b | 4.5x | 5.1x | 1.6x |
| Fri, 17 Sep 2021 | R720.5b | R543.6b | R172.6b | 4x | 4.2x | 1.3x |
| Sun, 15 Aug 2021 | R917.5b | R543.7b | R172.5b | 4.5x | 5.3x | 1.7x |
| Thu, 10 Jun 2021 | R985.1b | R476.3b | R138.3b | 5.5x | 7.1x | 2.1x |
Price to Earnings Ratio
7.1x
Current Industry PE
- Investors are pessimistic on the South African Precious Metals and Minerals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.98x.
Past Earnings Growth
- Total earnings for the Precious Metals and Minerals industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 7.0% per year, which is driving profits down.
Industry Comparison
How does South African Precious Metals and Minerals compare with similar industries?
| ZA Market | -4.28% | |
| Materials | -5.62% | |
| Metals and Mining | -5.83% | |
| Precious Metals and Minerals | -10.02% | |
| Aluminum | 2.08% | |
| Silver | 0% | |
| Gold | -1.05% | |
| Copper | -1.36% | |
| Diversified Metals and Mining | -1.69% | |
| Steel | -7.29% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GML Gemfields Group | R3.05 | 7.8% +R256.7m | -17.8% | PS0.7x | |
| WEZ Wesizwe Platinum | R0.64 | 28.0% +R227.9m | -46.7% | PB0.3x |