Alumil Aluminium Industry's (ATH:ALMY) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 26
Greek (ASE) Metals and Mining Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies9
- 7D3.2%
- 3M-8.9%
- 1Y18.9%
- YTD3.4%
Over the last 7 days, the Metals and Mining industry has risen 3.2%, driven by gains from Elvalhalcor Hellenic Copper and Aluminium Industry of 3.5%. This takes the industry's 12 month performance to a gain of 19%.
Industry Valuation and Performance
Has the Greek Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | €1.1b | €4.4b | €24.8m | 27.4x | 43.3x | 0.2x |
| Tue, 16 Apr 2024 | €973.6m | €4.4b | €31.0m | 17.4x | 31.4x | 0.2x |
| Thu, 14 Mar 2024 | €1.0b | €4.4b | €31.0m | 17.7x | 33.6x | 0.2x |
| Sat, 10 Feb 2024 | €1.2b | €4.5b | €32.4m | 18.3x | 35.6x | 0.3x |
| Mon, 08 Jan 2024 | €1.1b | €4.5b | €32.4m | 18.7x | 34.5x | 0.2x |
| Wed, 06 Dec 2023 | €1.0b | €4.5b | €32.4m | 18x | 31.3x | 0.2x |
| Fri, 03 Nov 2023 | €929.1m | €4.7b | €68.6m | 13.5x | 13.5x | 0.2x |
| Sun, 01 Oct 2023 | €966.1m | €4.7b | €69.5m | 14x | 13.9x | 0.2x |
| Tue, 29 Aug 2023 | €1.2b | €4.9b | €167.6m | 5.5x | 7.3x | 0.2x |
| Thu, 27 Jul 2023 | €1.2b | €4.9b | €168.5m | 5.6x | 7.4x | 0.3x |
| Sat, 24 Jun 2023 | €1.1b | €4.9b | €168.5m | 4.9x | 6.5x | 0.2x |
| Mon, 22 May 2023 | €902.4m | €4.9b | €215.7m | 4x | 4.2x | 0.2x |
| Wed, 19 Apr 2023 | €922.4m | €4.9b | €228.7m | 3.1x | 4x | 0.2x |
| Fri, 17 Mar 2023 | €872.8m | €4.9b | €228.7m | 3.1x | 3.8x | 0.2x |
| Sun, 12 Feb 2023 | €945.1m | €4.9b | €223.4m | 3x | 4.2x | 0.2x |
| Tue, 10 Jan 2023 | €897.5m | €4.9b | €223.4m | 2.7x | 4x | 0.2x |
| Thu, 08 Dec 2022 | €842.7m | €4.9b | €223.4m | 2.8x | 3.8x | 0.2x |
| Sat, 05 Nov 2022 | €796.6m | €4.7b | €216.7m | 2.9x | 3.7x | 0.2x |
| Mon, 03 Oct 2022 | €735.3m | €4.7b | €217.9m | 2.6x | 3.4x | 0.2x |
| Wed, 31 Aug 2022 | €752.9m | €4.2b | €211.7m | 3.4x | 3.6x | 0.2x |
| Fri, 29 Jul 2022 | €762.4m | €4.2b | €211.7m | 3.2x | 3.6x | 0.2x |
| Sun, 26 Jun 2022 | €765.8m | €4.2b | €211.7m | 3.3x | 3.6x | 0.2x |
| Tue, 24 May 2022 | €833.1m | €3.9b | €181.1m | 3.6x | 4.6x | 0.2x |
| Thu, 21 Apr 2022 | €937.0m | €3.8b | €180.3m | 4.3x | 5.2x | 0.2x |
| Sat, 19 Mar 2022 | €946.4m | €3.7b | €177.0m | 5x | 5.3x | 0.3x |
| Mon, 14 Feb 2022 | €1.0b | €3.5b | €185.1m | 5.2x | 5.4x | 0.3x |
| Wed, 12 Jan 2022 | €1.0b | €3.5b | €185.1m | 5.3x | 5.5x | 0.3x |
| Fri, 10 Dec 2021 | €1.0b | €3.5b | €185.1m | 5.5x | 5.6x | 0.3x |
| Sun, 07 Nov 2021 | €983.9m | €3.2b | €169.8m | 5x | 5.8x | 0.3x |
| Tue, 05 Oct 2021 | €989.0m | €3.2b | €169.8m | 5x | 5.8x | 0.3x |
| Thu, 02 Sep 2021 | €998.1m | €2.7b | €76.0m | 23.5x | 13.1x | 0.4x |
| Sat, 31 Jul 2021 | €981.3m | €2.7b | €76.0m | 22.6x | 12.9x | 0.4x |
Price to Earnings Ratio
14.1x
Current Industry PE
- Investors are optimistic on the Greek Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 43.3x which is higher than its 3-year average PE of 11.0x.
- The industry is trading close to its 3-year average PS ratio of 0.24x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 31% per year over the last three years.
- Meanwhile revenues for these companies have grown 18% 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 Trends
Which industries have driven the changes within the Greek Materials industry?
| GR Market | 0.27% | |
| Materials | -0.43% | |
| Metals and Mining | 3.18% | |
| Steel | 3.75% | |
| Aluminum | 3.17% | |
| Diversified Metals and Mining | 2.32% | |
| Copper | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
Industry PE
- Investors are most optimistic about the Aluminum industry which is trading above its 3-year average PE ratio of 9.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ELHA Elvalhalcor Hellenic Copper and Aluminium Industry | €2.08 | 3.5% +€26.3m | 23.8% | PE27.4x | |
| ELSTR Elastron - Steel Service Centers | €2.43 | 4.3% +€1.8m | -7.3% | PS0.2x | |
| ALMY Alumil Aluminium Industry | €2.80 | 2.0% +€1.8m | 36.3% | PE47.5x | |
| IKTIN Iktinos Hellas Greek Marble Industry Technical and Touristic | €0.42 | 2.3% +€1.1m | -18.5% | PS1.6x | |
| BIOKA Biokarpet | €2.66 | 1.1% +€719.6k | 32.3% | PE15.2x |