Calculating The Intrinsic Value Of VEEM Ltd (ASX:VEE)
In this article we are going to estimate the intrinsic value of VEEM Ltd ( ASX:VEE ) by projecting its future cash...
Australian (ASX) Industrial Machinery Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies12
- 7D2.1%
- 3M1.7%
- 1Y-9.3%
- YTD-5.1%
The Industrial Machinery industry is up 4.0% in the last week, with VEEM up 25%. In the same time, LaserBond was down 5.9%. In the past year, the industry is down 9.0%. Looking forward, earnings are forecast to grow by 54% annually.
Industry Valuation and Performance
Has the Australian Industrial Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | AU$831.9m | AU$495.0m | -AU$21,100,137.00 | 27.6x |
| Mon, 25 Apr 2022 | AU$860.7m | AU$489.5m | -AU$20,614,742.00 | 30.3x |
| Wed, 23 Mar 2022 | AU$853.8m | AU$485.8m | -AU$20,295,715.00 | 31.5x |
| Fri, 18 Feb 2022 | AU$838.7m | AU$475.8m | -AU$20,675,638.00 | 24.3x |
| Sun, 16 Jan 2022 | AU$770.8m | AU$445.6m | -AU$23,966,819.00 | 25.7x |
| Tue, 14 Dec 2021 | AU$713.6m | AU$446.1m | -AU$24,126,717.00 | 24.9x |
| Thu, 11 Nov 2021 | AU$768.3m | AU$441.6m | -AU$23,531,227.00 | 32.2x |
| Sat, 09 Oct 2021 | AU$879.6m | AU$454.2m | -AU$23,523,295.00 | 29.7x |
| Mon, 06 Sep 2021 | AU$901.9m | AU$450.0m | -AU$22,980,831.04 | 24.7x |
| Wed, 04 Aug 2021 | AU$890.9m | AU$446.2m | -AU$23,416,399.04 | 17.2x |
| Sat, 08 May 2021 | AU$801.1m | AU$457.1m | -AU$13,056,061.47 | 17.7x |
| Tue, 09 Feb 2021 | AU$753.4m | AU$470.1m | -AU$2,924,616.18 | 11.9x |
| Mon, 02 Nov 2020 | AU$646.7m | AU$452.5m | -AU$21,570,841.42 | 12.1x |
| Thu, 06 Aug 2020 | AU$434.2m | AU$434.5m | -AU$31,189,336.38 | 14x |
| Sun, 10 May 2020 | AU$453.0m | AU$428.3m | -AU$47,183,654.07 | 14.1x |
| Sat, 01 Feb 2020 | AU$587.8m | AU$375.3m | -AU$56,561,128.70 | 12.5x |
| Tue, 05 Nov 2019 | AU$589.1m | AU$407.8m | -AU$48,100,078.41 | 13x |
| Fri, 09 Aug 2019 | AU$501.0m | AU$426.2m | -AU$35,061,350.54 | 14.3x |
Median PE Ratio
15.6x
Current Industry PE
- Investors are optimistic on the industry, and appear confident in long-term growth rates.
- The industry is trading at a PE ratio of 29.0x which is higher than its 3-year average PE of 17.6x.
Past Earnings Growth
- The earnings for companies in the Industrial Machinery industry have improved over the last three years.
- Revenues for these companies have grown 6.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Australian Industrial Machinery compare with similar industries?
| AU Market | -1.30% | |
| Industrials | -0.44% | |
| Machinery | 1.30% | |
| Industrial Machinery | 2.12% | |
| Construction Machinery and Vehicles | 0.45% | |
| Agricultural Machinery | -4.99% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VEE VEEM | AU$0.70 | 24.8% +AU$19.0m | -46.6% | PS42.6x | |
| FLC Fluence | AU$0.26 | 4.1% +AU$12.8m | 45.7% | PS1.1x | |
| KTG K-TIG | AU$0.30 | 5.3% +AU$2.7m | -34.1% | PS19.3x | |
| KOV Korvest | AU$7.81 | 2.0% +AU$1.7m | 66.2% | PS8.7x |