Filipino (PSEi) Metals and Mining Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies21
- 7D0.3%
- 3M2.4%
- 1Y-17.5%
- YTD-7.3%
Last week, the Metals and Mining industry hasn't moved much but Apex Mining is up 5.1% in that time. As for the longer term, the industry has declined 18% in the last year. As for the next few years, earnings are expected to grow by 25% per annum.
Industry Valuation and Performance
Has the Filipino Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ₱200.1b | ₱100.0b | ₱11.0b | 12.7x | 18.2x | 2x |
| Tue, 16 Apr 2024 | ₱158.4b | ₱100.4b | ₱11.5b | 14.2x | 13.7x | 1.6x |
| Thu, 14 Mar 2024 | ₱162.2b | ₱99.0b | ₱12.3b | 12.3x | 13.1x | 1.6x |
| Sat, 10 Feb 2024 | ₱170.7b | ₱99.0b | ₱12.3b | 12.7x | 13.9x | 1.7x |
| Mon, 08 Jan 2024 | ₱184.0b | ₱99.0b | ₱12.3b | 13.7x | 14.9x | 1.9x |
| Wed, 06 Dec 2023 | ₱186.9b | ₱99.0b | ₱12.3b | 13.7x | 15.2x | 1.9x |
| Fri, 03 Nov 2023 | ₱186.5b | ₱98.2b | ₱13.4b | 13x | 13.9x | 1.9x |
| Sun, 01 Oct 2023 | ₱199.0b | ₱96.8b | ₱14.7b | 13.8x | 13.5x | 2.1x |
| Tue, 29 Aug 2023 | ₱181.7b | ₱96.8b | ₱14.7b | 12.1x | 12.4x | 1.9x |
| Thu, 27 Jul 2023 | ₱204.5b | ₱99.8b | ₱18.9b | 6.6x | 10.8x | 2.1x |
| Sat, 24 Jun 2023 | ₱196.3b | ₱98.9b | ₱19.1b | 6.3x | 10.3x | 2x |
| Mon, 22 May 2023 | ₱201.2b | ₱98.9b | ₱19.0b | 6.3x | 10.6x | 2x |
| Wed, 19 Apr 2023 | ₱223.1b | ₱98.4b | ₱21.2b | 8.1x | 10.5x | 2.3x |
| Fri, 17 Mar 2023 | ₱207.6b | ₱98.7b | ₱21.7b | 9.5x | 9.5x | 2.1x |
| Sun, 12 Feb 2023 | ₱225.2b | ₱97.5b | ₱22.8b | 8.1x | 9.9x | 2.3x |
| Tue, 10 Jan 2023 | ₱216.8b | ₱97.5b | ₱22.8b | 8.2x | 9.5x | 2.2x |
| Thu, 08 Dec 2022 | ₱194.1b | ₱97.5b | ₱22.8b | 7.2x | 8.5x | 2x |
| Sat, 05 Nov 2022 | ₱177.6b | ₱101.0b | ₱22.6b | 5.9x | 7.9x | 1.8x |
| Mon, 03 Oct 2022 | ₱180.2b | ₱101.4b | ₱23.0b | 5.4x | 7.8x | 1.8x |
| Wed, 31 Aug 2022 | ₱208.5b | ₱101.4b | ₱23.0b | 6.8x | 9.1x | 2.1x |
| Fri, 29 Jul 2022 | ₱192.0b | ₱99.9b | ₱21.8b | 6.4x | 8.8x | 1.9x |
| Sun, 26 Jun 2022 | ₱206.4b | ₱99.9b | ₱21.9b | 6.4x | 9.4x | 2.1x |
| Tue, 24 May 2022 | ₱240.1b | ₱100.1b | ₱21.7b | 7.6x | 11.1x | 2.4x |
| Thu, 21 Apr 2022 | ₱261.6b | ₱95.6b | ₱19.6b | 6.9x | 13.4x | 2.7x |
| Sat, 19 Mar 2022 | ₱246.5b | ₱98.1b | ₱19.0b | 7.2x | 13x | 2.5x |
| Mon, 14 Feb 2022 | ₱241.5b | ₱96.5b | ₱18.9b | 6.5x | 12.8x | 2.5x |
| Wed, 12 Jan 2022 | ₱218.1b | ₱96.5b | ₱18.9b | 6x | 11.6x | 2.3x |
| Fri, 10 Dec 2021 | ₱213.9b | ₱96.5b | ₱18.9b | 6x | 11.3x | 2.2x |
| Sun, 07 Nov 2021 | ₱223.2b | ₱94.5b | ₱18.8b | 7.3x | 11.9x | 2.4x |
| Tue, 05 Oct 2021 | ₱221.7b | ₱91.8b | ₱16.2b | 9.4x | 13.7x | 2.4x |
| Thu, 02 Sep 2021 | ₱204.0b | ₱92.3b | ₱16.1b | 9.7x | 12.7x | 2.2x |
| Sat, 31 Jul 2021 | ₱217.8b | ₱92.3b | ₱16.1b | 10.7x | 13.6x | 2.4x |
Price to Earnings Ratio
19.5x
Current Industry PE
- Investors are optimistic on the Filipino Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 18.2x which is higher than its 3-year average PE of 11.9x.
- The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 6.7% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Filipino Materials industry?
| PH Market | 1.44% | |
| Materials | -0.47% | |
| Metals and Mining | 0.28% | |
| Steel | 2.21% | |
| Copper | 1.73% | |
| Gold | 0.65% | |
| Aluminum | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Diversified Metals and Mining | -0.24% | |
Industry PE
- Investors are most optimistic about the Diversified Metals and Mining industry which is trading above its 3-year average PE ratio of 11.4x.
- Analysts are expecting annual earnings growth of 31.9%, which is higher than its past year's earnings decline of 50.3% per year.
- Investors are most pessimistic about the Steel industry, which is trading below its 3-year average of 19.2x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 50% per year.
- In contrast, the Gold industry is expected to see its earnings grow by 3.0% per year 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 | |
|---|---|---|---|---|---|
| APX Apex Mining | ₱4.10 | 5.1% +₱1.1b | 43.4% | PE6.3x | |
| FNI Global Ferronickel Holdings | ₱1.93 | 7.2% +₱666.3m | -17.5% | PE6.4x | |
| PX Philex Mining | ₱2.99 | 3.1% +₱520.4m | 4.2% | PE23.3x | |
| APL Apollo Global Capital | ₱0.011 | 11.1% +₱322.0m | -60.7% | PB0.9x | |
| AT Atlas Consolidated Mining and Development | ₱4.71 | 1.7% +₱284.6m | 16.9% | PE11.8x |