Subdued Growth No Barrier To Northam Platinum Holdings Limited (JSE:NPH) With Shares Advancing 29%
Apr 05
South African (JSE) Precious Metals and Minerals Industry Analysis
UpdatedMay 06, 2024
DataAggregated Company Financials
Companies7
- 7D-2.9%
- 3M-4.3%
- 1Y-45.9%
- YTDn/a
Over the last 7 days, the Precious Metals and Minerals industry has dropped 2.9%, driven by a pullback from Sibanye Stillwater of 5.2%. Overall the industry is down 46% in 12 months. Looking forward, earnings are forecast to grow by 54% annually.
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, 06 May 2024 | R369.8b | R381.8b | -R34,018,362,772.00 | 8.3x | -10.9x | 1x |
| Wed, 03 Apr 2024 | R392.9b | R382.0b | -R33,998,984,625.00 | 9.2x | -11.6x | 1x |
| Fri, 01 Mar 2024 | R359.0b | R417.4b | R35.3b | 9.8x | 10.2x | 0.9x |
| Sun, 28 Jan 2024 | R451.9b | R449.5b | R53.2b | 7.8x | 8.5x | 1x |
| Tue, 26 Dec 2023 | R494.0b | R449.2b | R53.2b | 8.1x | 9.3x | 1.1x |
| Thu, 23 Nov 2023 | R399.7b | R450.0b | R53.8b | 8.1x | 7.4x | 0.9x |
| Sat, 21 Oct 2023 | R419.1b | R450.4b | R53.9b | 8.4x | 7.8x | 0.9x |
| Mon, 18 Sep 2023 | R459.3b | R451.1b | R55.4b | 6.5x | 8.3x | 1x |
| Wed, 16 Aug 2023 | R457.9b | R478.1b | R99.9b | 4x | 4.6x | 1x |
| Fri, 14 Jul 2023 | R547.5b | R497.8b | R118.6b | 4.4x | 4.6x | 1.1x |
| Sun, 11 Jun 2023 | R631.1b | R498.6b | R118.7b | 4.8x | 5.3x | 1.3x |
| Tue, 09 May 2023 | R719.0b | R498.2b | R119.3b | 5.7x | 6x | 1.4x |
| Thu, 06 Apr 2023 | R604.3b | R497.9b | R119.1b | 4.6x | 5.1x | 1.2x |
| Sat, 04 Mar 2023 | R634.2b | R489.0b | R117.1b | 5.5x | 5.4x | 1.3x |
| Mon, 30 Jan 2023 | R775.2b | R530.8b | R128.8b | 5.8x | 6x | 1.5x |
| Wed, 28 Dec 2022 | R825.0b | R530.6b | R128.8b | 6.4x | 6.4x | 1.6x |
| Fri, 25 Nov 2022 | R867.1b | R529.4b | R128.4b | 6.4x | 6.8x | 1.6x |
| Sun, 23 Oct 2022 | R759.4b | R530.6b | R128.6b | 6x | 5.9x | 1.4x |
| Tue, 20 Sep 2022 | R710.3b | R528.4b | R128.4b | 5.4x | 5.5x | 1.3x |
| Thu, 18 Aug 2022 | R721.5b | R556.4b | R145.7b | 4.8x | 5x | 1.3x |
| Sat, 16 Jul 2022 | R663.0b | R580.1b | R168.2b | 4x | 3.9x | 1.1x |
| Mon, 13 Jun 2022 | R791.9b | R579.0b | R168.0b | 4.9x | 4.7x | 1.4x |
| Wed, 11 May 2022 | R830.4b | R579.0b | R167.5b | 4.9x | 5x | 1.4x |
| Fri, 08 Apr 2022 | R978.6b | R577.8b | R167.3b | 6.2x | 5.8x | 1.7x |
| Sun, 06 Mar 2022 | R1.2t | R576.1b | R167.4b | 6.4x | 7.5x | 2.2x |
| Tue, 01 Feb 2022 | R978.1b | R557.3b | R181.4b | 4.8x | 5.4x | 1.8x |
| Thu, 30 Dec 2021 | R934.9b | R557.7b | R181.4b | 4.7x | 5.2x | 1.7x |
| Sat, 27 Nov 2021 | R813.0b | R556.8b | R181.3b | 4.5x | 4.5x | 1.5x |
| Mon, 25 Oct 2021 | R926.0b | R577.7b | R184.3b | 4.6x | 5x | 1.6x |
| Wed, 22 Sep 2021 | R778.6b | R565.6b | R175.7b | 4.6x | 4.4x | 1.4x |
| Fri, 20 Aug 2021 | R828.8b | R543.7b | R172.5b | 4.1x | 4.8x | 1.5x |
| Fri, 04 Jun 2021 | R985.1b | R476.3b | R138.3b | 5.5x | 7.1x | 2.1x |
Price to Earnings Ratio
7.1x
Current Industry PE
- Investors are pessimistic on the South African Precious Metals and Minerals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.97x.
Past Earnings Growth
- Total earnings for the Precious Metals and Minerals industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 7.1% per year, which is driving profits down.
Industry Comparison
How does South African Precious Metals and Minerals compare with similar industries?
| ZA Market | 0.68% | |
| Materials | -4.71% | |
| Metals and Mining | -5.31% | |
| Precious Metals and Minerals | -2.90% | |
| Aluminum | 11.03% | |
| Silver | 0% | |
| Steel | -0.54% | |
| Diversified Metals and Mining | -3.47% | |
| Copper | -9.60% | |
| Gold | -9.61% | |
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 | |
|---|---|---|---|---|---|
| AMS Anglo American Platinum | R684.25 | 2.3% +R4.0b | -41.5% | PE13.8x | |
| IMP Impala Platinum Holdings | R89.80 | 0.1% +R90.0m | -51.5% | PS0.9x |