Vale S.A.'s (BVMF:VALE3) Business And Shares Still Trailing The Market
May 22
Brazilian (BOVESPA) Metals and Mining Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies12
- 7D-2.3%
- 3M-7.0%
- 1Y-2.1%
- YTD-18.5%
Over the last 7 days, the Metals and Mining industry has dropped 1.2%, driven by a pullback from Vale of 2.4%. Over the last year, the industry has been flat overall. In the next few years earnings are forecast to be pretty stable.
Industry Valuation and Performance
Has the Brazilian Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | R$386.1b | R$438.9b | R$51.1b | 7x | 7.5x | 0.9x |
| Sat, 27 Apr 2024 | R$388.9b | R$447.3b | R$54.4b | 6.1x | 7.1x | 0.9x |
| Mon, 25 Mar 2024 | R$387.8b | R$450.3b | R$56.3b | 6.8x | 6.9x | 0.9x |
| Wed, 21 Feb 2024 | R$417.5b | R$452.8b | R$64.3b | 6.5x | 6.5x | 0.9x |
| Fri, 19 Jan 2024 | R$428.7b | R$453.7b | R$62.4b | 6.2x | 6.9x | 0.9x |
| Sun, 17 Dec 2023 | R$457.1b | R$455.9b | R$63.3b | 6.1x | 7.2x | 1x |
| Tue, 14 Nov 2023 | R$435.1b | R$452.6b | R$63.5b | 5.8x | 6.9x | 1x |
| Thu, 12 Oct 2023 | R$408.3b | R$462.1b | R$75.3b | 5.5x | 5.4x | 0.9x |
| Sat, 09 Sep 2023 | R$409.1b | R$467.8b | R$76.9b | 5.5x | 5.3x | 0.9x |
| Mon, 07 Aug 2023 | R$421.6b | R$473.8b | R$80.0b | 5.1x | 5.3x | 0.9x |
| Wed, 05 Jul 2023 | R$414.7b | R$479.8b | R$96.3b | 4.3x | 4.3x | 0.9x |
| Fri, 02 Jun 2023 | R$401.1b | R$479.9b | R$96.3b | 4.4x | 4.2x | 0.8x |
| Sun, 30 Apr 2023 | R$447.1b | R$494.2b | R$98.9b | 4.3x | 4.5x | 0.9x |
| Tue, 28 Mar 2023 | R$476.4b | R$496.5b | R$115.4b | 4.1x | 4.1x | 1x |
| Thu, 23 Feb 2023 | R$531.3b | R$501.9b | R$120.2b | 4.2x | 4.4x | 1.1x |
| Sat, 21 Jan 2023 | R$579.7b | R$513.2b | R$134.2b | 4.1x | 4.3x | 1.1x |
| Mon, 19 Dec 2022 | R$521.3b | R$513.2b | R$134.2b | 3.8x | 3.9x | 1x |
| Wed, 16 Nov 2022 | R$515.6b | R$513.2b | R$134.4b | 3.9x | 3.8x | 1x |
| Fri, 14 Oct 2022 | R$454.1b | R$526.2b | R$144.6b | 3.6x | 3.1x | 0.9x |
| Sun, 11 Sep 2022 | R$443.4b | R$526.2b | R$144.6b | 3.6x | 3.1x | 0.8x |
| Tue, 09 Aug 2022 | R$438.2b | R$531.5b | R$151.6b | 3.3x | 2.9x | 0.8x |
| Thu, 07 Jul 2022 | R$472.7b | R$560.7b | R$177.8b | 3.1x | 2.7x | 0.8x |
| Sat, 04 Jun 2022 | R$580.7b | R$560.7b | R$177.9b | 3.6x | 3.3x | 1x |
| Mon, 02 May 2022 | R$548.7b | R$553.8b | R$183.0b | 3.1x | 3x | 1x |
| Wed, 30 Mar 2022 | R$634.1b | R$565.1b | R$188.7b | 3.5x | 3.4x | 1.1x |
| Fri, 25 Feb 2022 | R$584.3b | R$566.3b | R$152.7b | 3.8x | 3.8x | 1x |
| Sun, 23 Jan 2022 | R$590.9b | R$555.8b | R$149.3b | 3.6x | 4x | 1.1x |
| Tue, 21 Dec 2021 | R$547.6b | R$555.8b | R$149.3b | 3.6x | 3.7x | 1x |
| Thu, 18 Nov 2021 | R$485.6b | R$555.2b | R$148.9b | 3.4x | 3.3x | 0.9x |
| Sat, 16 Oct 2021 | R$594.7b | R$522.8b | R$136.7b | 4.8x | 4.4x | 1.1x |
| Mon, 13 Sep 2021 | R$673.8b | R$522.8b | R$136.7b | 5.1x | 4.9x | 1.3x |
| Wed, 11 Aug 2021 | R$765.3b | R$522.8b | R$131.6b | 6x | 5.8x | 1.5x |
| Sun, 06 Jun 2021 | R$803.0b | R$426.0b | R$81.3b | 9.7x | 9.9x | 1.9x |
Price to Earnings Ratio
9.9x
Current Industry PE
- Investors are optimistic on the Brazilian Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 7.9x which is higher than its 3-year average PE of 4.8x.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 18% per year over the last three years,
- Revenues have also declined 4.5% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Brazilian Materials industry?
| BR Market | -1.50% | |
| Materials | -2.15% | |
| Metals and Mining | -2.33% | |
| Aluminum | 10.30% | |
| Copper | 0% | |
| Diversified Metals and Mining | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Steel | -2.46% | |
Industry PE
- Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 4.7x.
- Analysts are expecting annual earnings decline of 0.8%, which is less than its past year's earnings decline of 25.1%.
Forecasted Growth
- Analysts are most optimistic on the Aluminum industry, expecting annual earnings growth of 82% over the next 5 years.
- In contrast, the Steel industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CBAV3 Companhia Brasileira de Alumínio | R$7.28 | 10.3% +R$442.7m | 39.5% | PS0.7x | |
| CSNA3 Companhia Siderúrgica Nacional | R$13.23 | 1.0% +R$172.4m | 8.3% | PE948.9x |
