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Australian (ASX) Machinery Industry Analysis

UpdatedJul 25, 2026
DataAggregated Company Financials
Companies16
  • 7D-0.1%
  • 3M-23.6%
  • 1Y-20.2%
  • YTD-35.7%

Over the last 7 days, the Machinery industry has remained flat, although notably Silex Systems gained 3.6%. Unfortunately though, the industry is down 20% over the past 12 months. Looking forward, earnings are forecast to grow by 60% annually.

Industry Valuation and Performance

Has the Australian Machinery Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 Jul 2026AU$3.1bAU$1.6b-AU$96,939,146.4011.9x-31.9x1.9x
Mon, 22 Jun 2026AU$3.6bAU$1.6b-AU$89,473,702.8611.2x-40x2.2x
Wed, 20 May 2026AU$3.7bAU$1.6b-AU$89,549,890.9812.5x-41.1x2.3x
Fri, 17 Apr 2026AU$4.0bAU$1.6b-AU$89,497,379.0112.4x-44.2x2.5x
Sun, 15 Mar 2026AU$3.7bAU$1.6b-AU$89,349,205.5412.4x-41.4x2.3x
Tue, 10 Feb 2026AU$4.3bAU$1.6b-AU$54,874,770.7015.8x-77.7x2.6x
Thu, 08 Jan 2026AU$4.3bAU$1.6b-AU$55,190,853.2816.9x-78x2.6x
Sat, 06 Dec 2025AU$4.7bAU$1.6b-AU$62,664,020.2817.2x-74.4x2.9x
Mon, 03 Nov 2025AU$5.0bAU$1.6b-AU$62,459,219.5916.1x-79.5x3.1x
Wed, 01 Oct 2025AU$3.7bAU$1.3b-AU$16,151,176.9415.4x-231.6x2.8x
Fri, 29 Aug 2025AU$2.9bAU$1.3b-AU$10,566,691.2115.3x-270.5x2.1x
Sun, 27 Jul 2025AU$2.9bAU$1.3b-AU$4,126,336.3822.2x-709x2.3x
Tue, 24 Jun 2025AU$2.4bAU$1.5b-AU$2,830,167.2718.7x-848.6x1.6x
Thu, 22 May 2025AU$2.2bAU$1.5b-AU$2,856,708.5617.7x-779.1x1.5x
Sat, 19 Apr 2025AU$2.1bAU$1.5b-AU$2,941,401.2917.5x-725.7x1.4x
Mon, 17 Mar 2025AU$2.5bAU$1.5b-AU$3,096,287.9617.5x-798.4x1.7x
Wed, 12 Feb 2025AU$3.1bAU$1.4bAU$8.1m17.7x385.3x2.2x
Fri, 10 Jan 2025AU$3.3bAU$1.4bAU$9.8m18.8x336.1x2.3x
Sun, 08 Dec 2024AU$3.2bAU$1.4bAU$9.7m17.7x330.7x2.3x
Tue, 05 Nov 2024AU$3.1bAU$1.4bAU$9.6m19.3x319.4x2.2x
Thu, 03 Oct 2024AU$3.0bAU$1.4bAU$9.4m19.2x316.2x2.1x
Sat, 31 Aug 2024AU$2.7bAU$1.3b-AU$10,945,007.2118.9x-247.2x2.1x
Mon, 29 Jul 2024AU$3.0bAU$1.2b-AU$8,814,686.3518.3x-342.8x2.5x
Wed, 26 Jun 2024AU$3.0bAU$1.3b-AU$31,677,250.4217.7x-93.2x2.2x
Fri, 24 May 2024AU$3.3bAU$1.3b-AU$31,795,801.6517.2x-102.5x2.5x
Sun, 21 Apr 2024AU$2.9bAU$1.3b-AU$32,775,743.9819.7x-87.6x2.2x
Tue, 19 Mar 2024AU$2.7bAU$1.3b-AU$32,180,300.9818.9x-83.9x2x
Thu, 15 Feb 2024AU$2.6bAU$1.2b-AU$19,983,188.9219.8x-128.3x2.2x
Sat, 13 Jan 2024AU$2.5bAU$1.2b-AU$26,562,694.0020.7x-95.8x2.2x
Mon, 11 Dec 2023AU$2.1bAU$1.2b-AU$26,650,974.0020.6x-77.6x1.7x
Wed, 08 Nov 2023AU$2.0bAU$1.2b-AU$26,788,680.0018.6x-73.8x1.7x
Fri, 06 Oct 2023AU$2.0bAU$1.2b-AU$26,345,248.0018.8x-75.8x1.7x
Sun, 03 Sep 2023AU$2.0bAU$1.2b-AU$26,320,859.0020.4x-76.5x1.7x
Tue, 01 Aug 2023AU$2.1bAU$1.1b-AU$26,186,468.0022.6x-78.4x1.8x
Price to Earnings Ratio

-78.4x


Total Market Cap: AU$2.1bTotal Earnings: -AU$26,186,468.00Total Revenue: AU$1.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Machinery Industry Price to Earnings3Y Average -126.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Australian Machinery industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 13% 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 caused losses to expand.

Industry Trends

Which industries have driven the changes within the Australian Industrials industry?

AU Market-0.36%
Industrials-1.57%
Machinery-0.14%
Industrial Machinery0.31%
Agricultural Machinery0%0
Construction Machinery and Vehicles-4.87%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 65% over the next 5 years.
    • This is better than its past earnings growth rate of 4.6% per year.
    • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 17% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    		SLX Silex SystemsAU$4.663.6%
    +AU$44.6m    		-2.9%PS68.8x
    		KOV KorvestAU$17.332.9%
    +AU$5.8m    		44.5%PE14.1x
    		MXI MaxiPARTSAU$1.506.4%
    +AU$5.0m    		-34.8%PE9.3x
    		XRF XRF ScientificAU$1.711.8%
    +AU$4.3m    		-16.6%PE23x
    		AIH Advanced Innergy HoldingsAU$0.630.8%
    +AU$2.1m    		n/aPE21.3x

    Latest News

    MXI
    AU$1.50
    MaxiPARTS
    7D
    6.4%
    1Y
    -34.8%
    VEE
    AU$0.55
    VEEM
    7D
    -3.5%
    1Y
    -41.0%
    MPW
    AU$1.84
    Metal Powder Works
    7D
    -10.9%
    1Y
    6.7%
    AAL
    AU$0.24
    Alfabs Australia
    7D
    -14.3%
    1Y
    -40.0%
    SIX
    AU$0.071
    Sprintex
    7D
    -1.4%
    1Y
    57.8%
    SLX
    AU$4.66
    Silex Systems
    7D
    3.6%
    1Y
    -2.9%
    AL3
    AU$0.10
    AML3D
    7D
    -13.0%
    1Y
    -63.6%
    Analysis Article • Jun 26

    AML3D (ASX:AL3) Is In A Strong Position To Grow Its Business

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    ANG
    AU$0.14
    Austin Engineering
    7D
    -5.1%
    1Y
    -62.2%
    Narrative Update • Jun 26

    ANG: Higher Discount Rate And P/E Assumptions Will Support Future Upside

    Analysts have reduced their price target on Austin Engineering to A$0.35 from A$0.40, citing updated assumptions for a higher discount rate, softer revenue growth, slightly lower profit margins and a higher future P/E multiple. What’s in the News for Austin Engineering Austin Engineering issued updated earnings guidance for the fiscal year ending June 30, 2026, revising revenue guidance to about $325 million, source: company guidance.
    KOV
    AU$17.33
    Korvest
    7D
    2.9%
    1Y
    44.5%
    FBR
    AU$0.13
    FBR
    7D
    -10.7%
    1Y
    -50.0%
    AIH
    AU$0.63
    Advanced Innergy Holdings
    7D
    0.8%
    1Y
    n/a
    A3D
    AU$0.043
    Aurora Labs
    7D
    -8.5%
    1Y
    4.9%
    Analysis Article • Apr 08

    Here's Why We're Watching Aurora Labs' (ASX:A3D) Cash Burn Situation

    We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
    XRF
    AU$1.71
    XRF Scientific
    7D
    1.8%
    1Y
    -16.6%