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South African (JSE) Precious Metals and Minerals Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies9
- 7D-6.7%
- 3M-29.5%
- 1Y-51.2%
- YTD-54.0%
In the last week, the Precious Metals and Minerals industry is down 6.7% with Sibanye Stillwater down the most at 6.6%. The industry has fallen 51% in the last year. As for the next few years, earnings are expected to grow by 7.2% per annum.
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, 30 Oct 2023 | R390.8b | R450.2b | R53.8b | 8.5x | 7.3x | 0.9x |
| Wed, 27 Sep 2023 | R446.7b | R450.5b | R54.8b | 8.8x | 8.2x | 1x |
| Fri, 25 Aug 2023 | R455.3b | R475.4b | R97.3b | 4.1x | 4.7x | 1x |
| Sun, 23 Jul 2023 | R550.4b | R497.9b | R118.6b | 4.7x | 4.6x | 1.1x |
| Tue, 20 Jun 2023 | R607.6b | R498.1b | R118.6b | 4.6x | 5.1x | 1.2x |
| Thu, 18 May 2023 | R677.8b | R499.2b | R119.5b | 5.3x | 5.7x | 1.4x |
| Sat, 15 Apr 2023 | R634.4b | R498.0b | R119.3b | 5.1x | 5.3x | 1.3x |
| Mon, 13 Mar 2023 | R632.7b | R492.2b | R116.7b | 5.4x | 5.4x | 1.3x |
| Wed, 08 Feb 2023 | R772.4b | R531.2b | R128.9b | 5.9x | 6x | 1.5x |
| Fri, 06 Jan 2023 | R848.9b | R530.8b | R128.8b | 6.6x | 6.6x | 1.6x |
| Sun, 04 Dec 2022 | R885.4b | R529.9b | R128.5b | 6.7x | 6.9x | 1.7x |
| Tue, 01 Nov 2022 | R787.8b | R530.7b | R128.7b | 6x | 6.1x | 1.5x |
| Thu, 29 Sep 2022 | R665.3b | R528.6b | R128.4b | 5.2x | 5.2x | 1.3x |
| Sat, 27 Aug 2022 | R737.4b | R536.9b | R132.9b | 5.7x | 5.5x | 1.4x |
| Mon, 25 Jul 2022 | R694.9b | R579.9b | R168.2b | 4x | 4.1x | 1.2x |
| Wed, 22 Jun 2022 | R781.3b | R579.0b | R168.0b | 4.8x | 4.7x | 1.3x |
| Fri, 20 May 2022 | R822.8b | R578.7b | R167.5b | 4.8x | 4.9x | 1.4x |
| Sun, 17 Apr 2022 | R1.0t | R577.7b | R167.3b | 6.5x | 6.1x | 1.8x |
| Tue, 15 Mar 2022 | R1.1t | R573.9b | R166.3b | 6x | 6.3x | 1.8x |
| Thu, 10 Feb 2022 | R991.0b | R557.2b | R181.3b | 5x | 5.5x | 1.8x |
| Sat, 08 Jan 2022 | R945.1b | R557.5b | R181.4b | 4.9x | 5.2x | 1.7x |
| Mon, 06 Dec 2021 | R917.3b | R557.8b | R181.4b | 4.8x | 5.1x | 1.6x |
| Wed, 03 Nov 2021 | R909.9b | R578.1b | R184.3b | 4.8x | 4.9x | 1.6x |
| Fri, 01 Oct 2021 | R776.0b | R567.1b | R176.8b | 4.5x | 4.4x | 1.4x |
| Sun, 29 Aug 2021 | R897.4b | R543.7b | R172.5b | 4.3x | 5.2x | 1.7x |
| Mon, 05 Jul 2021 | R906.6b | R543.7b | R172.5b | 4.5x | 5.3x | 1.7x |
| Thu, 08 Apr 2021 | R1.1t | R476.3b | R138.3b | 5.5x | 7.9x | 2.3x |
| Sun, 10 Jan 2021 | R800.3b | R407.9b | R103.7b | 6.4x | 7.7x | 2x |
Price to Earnings Ratio
8x
Current Industry PE
- Investors are optimistic on the South African Precious Metals and Minerals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 7.3x which is higher than its 3-year average PE of 6.1x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 0.87x.
Past Earnings Growth
- The earnings for companies in the Precious Metals and Minerals industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.5% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does South African Precious Metals and Minerals compare with similar industries?
| ZA Market | -1.18% | |
| Materials | -4.19% | |
| Metals and Mining | -4.60% | |
| Precious Metals and Minerals | -6.75% | |
| Steel | 4.72% | |
| Copper | 2.50% | |
| Silver | 0% | |
| Aluminum | -0.35% | |
| Diversified Metals and Mining | -2.41% | |
| Gold | -6.79% | |
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 | |
|---|---|---|---|---|---|
| THA Tharisa | R13.97 | 1.3% +R54.0m | -32.4% | PE1.9x | |
| GML Gemfields Group | R3.17 | 0.6% +R23.3m | -4.2% | PE8.5x | |
| SXM Sable Exploration and Mining | R0.11 | 83.3% +R217.6k | -78.0% | PE-0.07x |