Australian (ASX) Copper Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies10
- 7D1.6%
- 3M39.0%
- 1Y31.8%
- YTDn/a
In the last week, the Copper industry is flat overall, with Hot Chili standing out by going down 15%. As for the the longer term, the industry is up 30% over the past 12 months. As for the next few years, earnings are expected to grow by 63% per annum.
Industry Valuation and Performance
Has the Australian Copper Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | AU$5.0b | AU$1.8b | -AU$273,092,015.00 | n/a | -18.4x | 2.8x |
| Fri, 05 Apr 2024 | AU$4.6b | AU$1.8b | -AU$272,967,799.00 | n/a | -16.9x | 2.6x |
| Sun, 03 Mar 2024 | AU$3.8b | AU$1.8b | -AU$272,387,738.00 | n/a | -14.1x | 2.1x |
| Tue, 30 Jan 2024 | AU$12.9b | AU$3.8b | -AU$55,754,266.00 | 45.6x | -232.3x | 3.4x |
| Thu, 28 Dec 2023 | AU$13.1b | AU$3.7b | -AU$53,000,108.00 | 45.6x | -246.7x | 3.5x |
| Sat, 25 Nov 2023 | AU$12.7b | AU$3.8b | -AU$56,084,353.00 | 45.6x | -226.9x | 3.4x |
| Mon, 23 Oct 2023 | AU$12.6b | AU$3.8b | -AU$59,307,853.00 | 45.6x | -211.8x | 3.3x |
| Wed, 20 Sep 2023 | AU$12.9b | AU$3.8b | -AU$62,822,796.00 | 45.6x | -205.4x | 3.4x |
| Fri, 18 Aug 2023 | AU$12.8b | AU$4.0b | AU$144.2m | 53.1x | 88.4x | 3.2x |
| Sun, 16 Jul 2023 | AU$13.1b | AU$4.0b | AU$141.5m | 57.2x | 92.4x | 3.3x |
| Tue, 13 Jun 2023 | AU$12.9b | AU$4.0b | AU$142.0m | 54.7x | 90.8x | 3.2x |
| Thu, 11 May 2023 | AU$13.1b | AU$4.0b | AU$142.0m | 57.8x | 92.5x | 3.3x |
| Sat, 08 Apr 2023 | AU$13.0b | AU$4.0b | AU$142.5m | 54.8x | 91.6x | 3.3x |
| Mon, 06 Mar 2023 | AU$12.9b | AU$4.0b | AU$130.1m | 53.8x | 99.1x | 3.3x |
| Wed, 01 Feb 2023 | AU$13.0b | AU$3.7b | AU$474.2m | 25.2x | 27.4x | 3.5x |
| Fri, 30 Dec 2022 | AU$12.5b | AU$3.8b | AU$480.9m | 25.2x | 26x | 3.3x |
| Sun, 27 Nov 2022 | AU$12.0b | AU$3.8b | AU$480.1m | 24.7x | 25x | 3.2x |
| Tue, 25 Oct 2022 | AU$10.5b | AU$3.9b | AU$493.0m | 22.9x | 21.3x | 2.7x |
| Thu, 22 Sep 2022 | AU$11.1b | AU$3.8b | AU$491.9m | 23.5x | 22.5x | 2.9x |
| Sat, 20 Aug 2022 | AU$11.5b | AU$3.4b | AU$710.4m | 11.3x | 16.2x | 3.3x |
| Mon, 18 Jul 2022 | AU$7.5b | AU$3.5b | AU$714.6m | 8.7x | 10.5x | 2.2x |
| Wed, 15 Jun 2022 | AU$10.2b | AU$3.4b | AU$710.8m | 10.9x | 14.4x | 3x |
| Fri, 13 May 2022 | AU$10.3b | AU$3.4b | AU$711.0m | 10.7x | 14.5x | 3x |
| Sun, 10 Apr 2022 | AU$11.7b | AU$3.4b | AU$701.1m | 12.7x | 16.7x | 3.5x |
| Tue, 08 Mar 2022 | AU$12.3b | AU$3.4b | AU$717.9m | 13x | 17.2x | 3.6x |
| Thu, 03 Feb 2022 | AU$12.0b | AU$3.0b | AU$607.4m | 16.3x | 19.7x | 4x |
| Sat, 01 Jan 2022 | AU$13.0b | AU$3.0b | AU$607.4m | 15.7x | 21.4x | 4.3x |
| Mon, 29 Nov 2021 | AU$11.9b | AU$3.0b | AU$607.8m | 14.6x | 19.5x | 4x |
| Wed, 27 Oct 2021 | AU$11.7b | AU$3.0b | AU$607.8m | 13.7x | 19.3x | 3.9x |
| Fri, 24 Sep 2021 | AU$9.6b | AU$3.0b | AU$612.7m | 6.5x | 15.7x | 3.2x |
| Sun, 22 Aug 2021 | AU$8.8b | AU$3.0b | AU$622.8m | 6.7x | 14.2x | 2.9x |
| Fri, 09 Jul 2021 | AU$9.5b | AU$3.0b | AU$622.8m | 7.1x | 15.2x | 3.2x |
Price to Earnings Ratio
21.6x
Current Industry PE
- Investors are pessimistic on the Australian Copper industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- Total earnings for the Copper industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 13% per year, which is driving profits down.
Industry Comparison
How does Australian Copper compare with similar industries?
| AU Market | 1.62% | |
| Materials | 0.83% | |
| Metals and Mining | 0.77% | |
| Copper | 1.61% | |
| Silver | 3.03% | |
| Steel | 1.79% | |
| Diversified Metals and Mining | 1.03% | |
| Precious Metals and Minerals | 0.071% | |
| Aluminum | -0.98% | |
| Gold | -2.33% | |
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 | |
|---|---|---|---|---|---|
| SFR Sandfire Resources | AU$9.77 | 2.3% +AU$104.1m | 46.0% | PS3.7x | |
| CYM Cyprium Metals | AU$0.04 | 11.1% +AU$6.1m | n/a | PB0.7x | |
| AIS Aeris Resources | AU$0.26 | 2.0% +AU$4.8m | -44.1% | PS0.4x | |
| RRR Revolver Resources Holdings | AU$0.08 | 15.9% +AU$2.9m | -38.5% | PS4201.9x |