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Australian (ASX) Machinery Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies18
  • 7D-0.8%
  • 3M-4.2%
  • 1Y-12.9%
  • YTD-12.4%

Last week, the Machinery industry hasn't moved much but Austin Engineering is up 4.5% in that time. As for the longer term, the industry has declined 13% in the last year. Looking forward, earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022AU$1.3bAU$1.1b-AU$14,853,314.0022.7x-85.2x1.1x
Wed, 26 Oct 2022AU$1.3bAU$1.2b-AU$16,144,607.0021.7x-79.1x1.1x
Fri, 23 Sep 2022AU$1.3bAU$1.1b-AU$14,895,348.0023.1x-87.7x1.1x
Sun, 21 Aug 2022AU$1.3bAU$1.1b-AU$24,493,684.0024.3x-52.2x1.2x
Tue, 19 Jul 2022AU$1.3bAU$1.0b-AU$15,956,761.0019.9x-83.4x1.3x
Thu, 16 Jun 2022AU$1.3bAU$999.9m-AU$28,991,788.0019.5x-44.3x1.3x
Sat, 14 May 2022AU$1.5bAU$1.0b-AU$29,809,639.0019.1x-50.3x1.5x
Mon, 11 Apr 2022AU$1.8bAU$995.7m-AU$28,403,859.0022x-62.9x1.8x
Wed, 09 Mar 2022AU$1.8bAU$999.4m-AU$19,767,284.0020.9x-91.7x1.8x
Fri, 04 Feb 2022AU$1.9bAU$983.3m-AU$25,795,731.0021x-75.1x2x
Sun, 02 Jan 2022AU$2.1bAU$950.5m-AU$28,702,879.0023.1x-72.6x2.2x
Tue, 30 Nov 2021AU$2.2bAU$953.3m-AU$29,251,615.0024.4x-75.3x2.3x
Thu, 28 Oct 2021AU$2.6bAU$956.0m-AU$27,716,227.0029.2x-92.7x2.7x
Sat, 25 Sep 2021AU$3.0bAU$961.7m-AU$28,467,054.0025.9x-105.4x3.1x
Mon, 23 Aug 2021AU$1.4bAU$952.5m-AU$18,848,068.2419.7x-74.7x1.5x
Sat, 10 Jul 2021AU$1.3bAU$952.5m-AU$18,848,068.2415.3x-69.3x1.4x
Fri, 02 Apr 2021AU$1.3bAU$984.2mAU$1.9m12.3x674.1x1.3x
Mon, 04 Jan 2021AU$1.7bAU$1.3b-AU$5,968,297.5814.7x-286.5x1.3x
Thu, 08 Oct 2020AU$1.4bAU$1.3b-AU$50,534,932.9214.6x-27x1.1x
Wed, 01 Jul 2020AU$990.2mAU$987.3m-AU$36,189,571.3811.2x-27.4x1x
Sat, 04 Apr 2020AU$841.4mAU$1.1b-AU$68,629,307.0710.8x-12.3x0.8x
Tue, 07 Jan 2020AU$1.5bAU$1.1b-AU$108,114,867.7016.6x-13.8x1.3x
Price to Earnings Ratio

-18.1x


Total Market Cap: AU$1.5bTotal Earnings: -AU$85,181,565.41Total Revenue: AU$1.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Machinery Industry Price to Earnings3Y Average -11.4x202020212022
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 1.5x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have improved over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since losses are shrinking while sales have been flat.

Industry Trends

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

AU Market1.17%
Industrials2.25%
Machinery-0.82%
Agricultural Machinery0%
Industrial Machinery-0.65%
Construction Machinery and Vehicles-1.01%
Industry PE
  • Investors are most optimistic about the Construction Machinery and Vehicles industry even though it's trading below its 3-year average PE ratio of 199x.
    • Analysts are expecting annual earnings growth of 19.6%, which is higher than its past year's earnings decline of 13.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 47% over the next 5 years.
  • This is better than its past earnings growth rate of 19% per year.
  • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 20% 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
ANG Austin EngineeringAU$0.354.5%
+AU$8.8m
66.7%PE9.9x
LBL LaserBondAU$0.905.9%
+AU$5.5m
-5.3%PE27.2x
EGL Environmental GroupAU$0.207.9%
+AU$4.8m
7.9%PE42.6x
3DA Amaero InternationalAU$0.07314.1%
+AU$2.3m
-77.9%PS33x
KOV KorvestAU$7.922.5%
+AU$2.2m
28.8%PE8.1x
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