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U.K. (FTSE) Steel Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies8
  • 7D-0.3%
  • 3M-6.0%
  • 1Y37.5%
  • YTDn/a

Over the last 7 days, the Steel industry has remained flat, although notably Ferrexpo declined by 24%. As for the the longer term, the industry is up 37% over the past 12 months. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the U.K. Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026UK£2.5bUK£1.7b-UK£128,695,657.4621x-19.7x1.5x
Tue, 03 Mar 2026UK£2.8bUK£1.7b-UK£163,320,038.8823.9x-17.4x1.7x
Thu, 29 Jan 2026UK£2.9bUK£1.7b-UK£157,781,714.8824.3x-18.1x1.7x
Sat, 27 Dec 2025UK£2.7bUK£1.7b-UK£163,138,784.6424.7x-16.3x1.6x
Mon, 24 Nov 2025UK£2.5bUK£1.7b-UK£170,395,667.3624.7x-14.6x1.5x
Wed, 22 Oct 2025UK£2.5bUK£1.7b-UK£165,618,396.7225.2x-14.9x1.5x
Fri, 19 Sep 2025UK£2.4bUK£1.7b-UK£160,515,364.0820.6x-14.7x1.4x
Sun, 17 Aug 2025UK£2.4bUK£1.7b-UK£145,257,938.4021.4x-16.7x1.4x
Tue, 15 Jul 2025UK£2.2bUK£1.8bUK£35.3m20.1x61.7x1.2x
Thu, 12 Jun 2025UK£2.0bUK£1.8bUK£35.4m13.8x57.1x1.1x
Sat, 10 May 2025UK£2.2bUK£1.8bUK£34.5m14x62.5x1.2x
Mon, 07 Apr 2025UK£1.9bUK£1.8bUK£32.2m12.8x57.8x1x
Wed, 05 Mar 2025UK£2.2bUK£1.8bUK£50.3m9.6x44.3x1.3x
Fri, 31 Jan 2025UK£2.5bUK£1.8bUK£49.5m9.9x51.1x1.4x
Sun, 29 Dec 2024UK£2.5bUK£1.8bUK£49.9m10x50.3x1.4x
Tue, 26 Nov 2024UK£2.5bUK£1.8bUK£49.8m10.5x50.2x1.4x
Thu, 24 Oct 2024UK£2.3bUK£1.8bUK£55.6m10.1x40.6x1.3x
Sat, 21 Sep 2024UK£2.2bUK£1.8bUK£56.7m11.6x39x1.3x
Mon, 19 Aug 2024UK£2.3bUK£1.8bUK£41.0m21.9x56x1.3x
Wed, 17 Jul 2024UK£2.4bUK£1.6bUK£11.2m25.1x215.9x1.5x
Fri, 14 Jun 2024UK£2.2bUK£1.7bUK£5.2m16x432.8x1.4x
Sun, 12 May 2024UK£2.3bUK£1.7bUK£2.3m16.8x982.3x1.4x
Tue, 09 Apr 2024UK£2.2bUK£1.7bUK£200.5m9.5x11.2x1.4x
Thu, 07 Mar 2024UK£2.3bUK£1.6bUK£189.2m8.5x12.3x1.4x
Sat, 03 Feb 2024UK£7.8bUK£29.1bUK£8.1b5.5x1x0.3x
Mon, 01 Jan 2024UK£7.9bUK£29.1bUK£8.1b6.7x1x0.3x
Wed, 29 Nov 2023UK£7.8bUK£29.1bUK£8.1b4.9x1x0.3x
Fri, 27 Oct 2023UK£7.5bUK£29.1bUK£8.1b4.6x0.9x0.3x
Sun, 24 Sep 2023UK£7.7bUK£29.0bUK£8.1b4.7x0.9x0.3x
Tue, 22 Aug 2023UK£7.7bUK£29.0bUK£8.2b4x0.9x0.3x
Thu, 20 Jul 2023UK£7.7bUK£29.4bUK£8.2b4.1x0.9x0.3x
Sat, 17 Jun 2023UK£7.7bUK£29.5bUK£8.2b4.5x0.9x0.3x
Mon, 15 May 2023UK£7.6bUK£29.5bUK£8.2b5x0.9x0.3x
Wed, 12 Apr 2023UK£7.7bUK£29.5bUK£8.2b4.6x0.9x0.3x
Price to Earnings Ratio

0.9x


Total Market Cap: UK£7.7bTotal Earnings: UK£8.2bTotal Revenue: UK£29.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Steel Industry Price to Earnings3Y Average 67.7x202420252026
Current Industry PE
  • Investors are optimistic on the British Steel industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • Total earnings for the Steel industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 61% per year, which is driving profits down.

Industry Comparison

How does U.K. Steel compare with similar industries?

GB Market4.54%
Materials6.81%
Metals and Mining7.14%
Steel-0.33%
Gold10.60%
Diversified Metals and Mining7.22%
Copper5.86%
Aluminum0%0
Silver0%0
Precious Metals and Minerals-0.31%
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?

CompanyLast Price7D1YValuation
HILS Hill & SmithUK£21.652.6%
+UK£42.0m		37.7%PE20.7x
ECOR Ecora RoyaltiesUK£1.407.1%
+UK£23.6m		165.9%PE20.7x
CGS CastingsUK£2.362.2%
+UK£2.2m		-7.1%PE21.2x

Latest News

ECOR
UK£1.40
Ecora Royalties
7D
7.1%
1Y
165.9%

Ecora Royalties' (LON:ECOR) Solid Earnings Have Been Accounted For Conservatively

Apr 04
Ecora Royalties' (LON:ECOR) Solid Earnings Have Been Accounted For Conservatively
IRON
UK£0.00025
Ironveld
7D
-41.9%
1Y
-37.5%
FXPO
UK£0.37
Ferrexpo
7D
-23.6%
1Y
-23.1%
SML
UK£0.039
Strategic Minerals
7D
-4.9%
1Y
940.0%
HILS
UK£21.65
Hill & Smith
7D
2.6%
1Y
37.7%

HILS: Capital Deployment And Dividend Commitment Will Support Future Upside

Analysts have raised their price target on Hill & Smith shares from £26.25 to £29.30, reflecting updated assumptions for revenue growth, profit margins and expected P/E levels. Analyst Commentary Recent research points to a more optimistic stance on Hill & Smith, with bullish analysts updating their assumptions around revenue, margins and the P/E level they are willing to apply to the shares.
ZIOC
UK£0.052
Zanaga Iron Ore
7D
-1.5%
1Y
-26.1%
CGS
UK£2.36
Castings
7D
2.2%
1Y
-7.1%