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May 10
German (DAX) Machinery Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies46
- 7D-2.9%
- 3M12.6%
- 1Y19.5%
- YTD16.8%
Over the last 7 days, the Machinery industry has dropped 2.9%, driven by Daimler Truck Holding declining 5.2%. In contrast, Heidelberger Druckmaschinen has gained 22%. In the past year, the industry has gained 20%. Looking forward, earnings are forecast to grow by 9.2% annually.
Industry Valuation and Performance
Has the German Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | €110.9b | €170.3b | €9.7b | 16.7x | 11.4x | 0.7x |
| Tue, 16 Apr 2024 | €117.8b | €169.6b | €9.6b | 16.6x | 12.3x | 0.7x |
| Thu, 14 Mar 2024 | €113.5b | €168.3b | €9.6b | 14.2x | 11.9x | 0.7x |
| Sat, 10 Feb 2024 | €93.6b | €167.0b | €8.9b | 13x | 10.5x | 0.6x |
| Mon, 08 Jan 2024 | €94.4b | €171.2b | €8.9b | 13.8x | 10.5x | 0.6x |
| Wed, 06 Dec 2023 | €90.9b | €171.1b | €9.0b | 13.3x | 10.2x | 0.5x |
| Fri, 03 Nov 2023 | €86.2b | €170.4b | €9.0b | 11.9x | 9.6x | 0.5x |
| Sun, 01 Oct 2023 | €93.5b | €169.4b | €8.1b | 12.3x | 11.5x | 0.6x |
| Tue, 29 Aug 2023 | €94.5b | €169.3b | €8.1b | 12.4x | 11.7x | 0.6x |
| Thu, 27 Jul 2023 | €96.6b | €163.6b | €7.5b | 12.4x | 12.8x | 0.6x |
| Sat, 24 Jun 2023 | €93.8b | €163.6b | €7.6b | 14x | 12.4x | 0.6x |
| Mon, 22 May 2023 | €95.3b | €160.8b | €7.1b | 15.6x | 13.5x | 0.6x |
| Wed, 19 Apr 2023 | €96.8b | €156.4b | €6.8b | 16.9x | 14.3x | 0.6x |
| Fri, 17 Mar 2023 | €92.0b | €155.0b | €6.7b | 17.5x | 13.7x | 0.6x |
| Sun, 12 Feb 2023 | €94.2b | €148.3b | €5.6b | 17.9x | 16.7x | 0.6x |
| Tue, 10 Jan 2023 | €91.5b | €148.2b | €5.6b | 16.8x | 16.2x | 0.6x |
| Thu, 08 Dec 2022 | €87.2b | €145.7b | €5.6b | 16.2x | 15.5x | 0.6x |
| Sat, 05 Nov 2022 | €80.3b | €142.4b | €4.8b | 15.5x | 16.9x | 0.6x |
| Mon, 03 Oct 2022 | €71.6b | €139.3b | €5.3b | 13x | 13.6x | 0.5x |
| Wed, 31 Aug 2022 | €80.2b | €139.2b | €5.3b | 14.8x | 15.2x | 0.6x |
| Fri, 29 Jul 2022 | €83.4b | €133.5b | €5.0b | 15.8x | 16.7x | 0.6x |
| Sun, 26 Jun 2022 | €81.2b | €133.5b | €5.0b | 15.9x | 16.2x | 0.6x |
| Tue, 24 May 2022 | €88.5b | €132.0b | €6.2b | 17.4x | 14.4x | 0.7x |
| Thu, 21 Apr 2022 | €89.6b | €128.3b | €5.8b | 18.2x | 15.4x | 0.7x |
| Sat, 19 Mar 2022 | €95.6b | €127.2b | €5.7b | 18.6x | 16.9x | 0.8x |
| Mon, 14 Feb 2022 | €109.6b | €124.0b | €5.6b | 20.7x | 19.6x | 0.9x |
| Wed, 12 Jan 2022 | €116.8b | €84.3b | €2.9b | 22.9x | 39.7x | 1.4x |
| Fri, 10 Dec 2021 | €90.4b | €84.7b | €3.0b | 22.8x | 30x | 1.1x |
| Sun, 07 Nov 2021 | €101.9b | €96.5b | €2.5b | 25.2x | 41x | 1.1x |
| Tue, 05 Oct 2021 | €93.9b | €93.2b | €2.2b | 23.8x | 43.3x | 1x |
| Thu, 02 Sep 2021 | €92.8b | €80.6b | €2.5b | 28.6x | 37.7x | 1.2x |
| Sat, 31 Jul 2021 | €89.8b | €80.6b | €2.5b | 27.3x | 36.4x | 1.1x |
Price to Earnings Ratio
81.1x
Current Industry PE
- Investors are pessimistic on the German Machinery industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 11.4x which is lower than its 3-year average PE of 20.3x.
- The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have grown 108% per year over the last three years.
- Revenues for these companies have grown 31% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the German Industrials industry?
| DE Market | -0.43% | |
| Industrials | -3.80% | |
| Machinery | -2.88% | |
| Agricultural Machinery | 0% | |
| Industrial Machinery | -0.79% | |
| Construction Machinery and Vehicles | -3.84% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 37.0x.
- Analysts are expecting annual earnings growth of 12.1%, which is higher than its past year's earnings growth of 0.9% per year.
- Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading below its 3-year average of 15.8x.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 12% over the next 5 years.
- This is better than its past earnings growth rate of 0.9% per year.
- In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 8.2% 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 | |
|---|---|---|---|---|---|
| HDD Heidelberger Druckmaschinen | €1.18 | 21.8% +€64.5m | -32.7% | PE5.1x | |
| PFV Pfeiffer Vacuum Technology | €159.20 | 2.7% +€41.4m | 4.6% | PE20.4x | |
| KSB KSB SE KGaA | €685.00 | 2.2% +€26.3m | 23.4% | PE7.9x | |
| GIL DMG MORI | €43.60 | 0.7% +€23.6m | 2.6% | PE52.9x | |
| CA1 CIRCUS | €12.60 | 4.1% +€11.3m | n/a | n/a |
