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Australian (ASX) Machinery Industry Analysis

UpdatedApr 01, 2026
DataAggregated Company Financials
Companies16
  • 7D4.4%
  • 3M-25.3%
  • 1Y17.9%
  • YTD-27.3%

In the last week, the Machinery industry is up 4.4%, with AML3D up 24%. In the last 12 months, the industry was up 18%. As for the next few years, earnings are expected to grow by 62% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 Apr 2026AU$3.5bAU$1.6b-AU$88,864,303.5512.2x-39.3x2.2x
Fri, 27 Feb 2026AU$4.2bAU$1.6b-AU$84,343,552.8412.7x-49.5x2.5x
Sun, 25 Jan 2026AU$4.5bAU$1.6b-AU$55,611,458.9816.2x-81.2x2.8x
Tue, 23 Dec 2025AU$4.6bAU$1.6b-AU$62,573,365.9217x-74x2.8x
Thu, 20 Nov 2025AU$4.4bAU$1.6b-AU$62,447,110.8415.3x-71.1x2.7x
Sat, 18 Oct 2025AU$3.9bAU$1.3b-AU$69,947,932.4715.4x-55.5x2.9x
Mon, 15 Sep 2025AU$2.9bAU$1.3b-AU$16,157,155.2715.6x-179.7x2.2x
Wed, 13 Aug 2025AU$2.8bAU$1.3b-AU$4,025,255.6622.1x-693.4x2.2x
Fri, 11 Jul 2025AU$2.6bAU$1.3b-AU$7,847,950.7618.3x-326.2x2x
Sun, 08 Jun 2025AU$2.3bAU$1.5b-AU$2,972,679.1718.6x-790.3x1.6x
Tue, 06 May 2025AU$2.2bAU$1.5b-AU$2,942,809.2618.3x-758.3x1.5x
Thu, 03 Apr 2025AU$2.4bAU$1.5b-AU$3,129,373.6617.7x-757.2x1.6x
Sat, 01 Mar 2025AU$2.6bAU$1.5b-AU$6,169,565.4716.8x-420.1x1.8x
Mon, 27 Jan 2025AU$3.4bAU$1.4bAU$8.2m18.7x411.9x2.4x
Wed, 25 Dec 2024AU$2.9bAU$1.4bAU$9.8m18.4x299.6x2.1x
Fri, 22 Nov 2024AU$3.2bAU$1.4bAU$9.6m19.2x338.2x2.3x
Sun, 20 Oct 2024AU$3.0bAU$1.4bAU$9.5m18.4x319.9x2.2x
Tue, 17 Sep 2024AU$2.6bAU$1.3bAU$6.0m17.9x434.5x2x
Thu, 15 Aug 2024AU$2.8bAU$1.2b-AU$10,211,800.9017.6x-276.8x2.3x
Sat, 13 Jul 2024AU$3.1bAU$1.2b-AU$8,564,549.8017.9x-367.2x2.6x
Mon, 10 Jun 2024AU$3.1bAU$1.3b-AU$32,046,641.9417.9x-96.6x2.3x
Wed, 08 May 2024AU$3.2bAU$1.3b-AU$31,929,301.6419.1x-99.6x2.4x
Fri, 05 Apr 2024AU$3.0bAU$1.3b-AU$31,979,502.9619.5x-92.9x2.2x
Sun, 03 Mar 2024AU$2.7bAU$1.3b-AU$25,612,378.0518.3x-104.9x2x
Tue, 30 Jan 2024AU$2.6bAU$1.2b-AU$25,449,591.0019.5x-100.4x2.2x
Thu, 28 Dec 2023AU$2.4bAU$1.2b-AU$26,420,327.0020.9x-89.7x2x
Sat, 25 Nov 2023AU$2.0bAU$1.2b-AU$26,657,144.0020.3x-75.8x1.7x
Mon, 23 Oct 2023AU$1.9bAU$1.2b-AU$26,401,232.0018.7x-73.3x1.6x
Wed, 20 Sep 2023AU$2.1bAU$1.2b-AU$26,237,918.0019.9x-79.8x1.8x
Fri, 18 Aug 2023AU$1.9bAU$1.1b-AU$26,420,851.0024x-73x1.7x
Sun, 16 Jul 2023AU$2.1bAU$1.1b-AU$28,407,145.0020.9x-72.9x1.9x
Tue, 13 Jun 2023AU$1.1bAU$1.1b-AU$14,607,140.0020.9x-78.7x1.1x
Thu, 11 May 2023AU$1.2bAU$1.1b-AU$14,733,540.0022.3x-81.6x1.1x
Sat, 08 Apr 2023AU$1.2bAU$1.1b-AU$14,854,372.0021.3x-83.8x1.1x
Price to Earnings Ratio

-83.8x


Total Market Cap: AU$1.2bTotal Earnings: -AU$14,854,372.00Total Revenue: AU$1.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Machinery Industry Price to Earnings3Y Average -130.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the Australian Machinery industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 2.1x.
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 14% 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 Market1.07%
Industrials0.96%
Machinery4.43%
Industrial Machinery5.53%
Agricultural Machinery0%0
Construction Machinery and Vehicles-5.38%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 67% over the next 5 years.
    • This is better than its past earnings growth rate of 34% per year.
    • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 25% 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
    		AL3 AML3DAU$0.2123.5%
    +AU$22.1m    		31.3%PS19.3x
    		3DA AmaeroAU$0.305.2%
    +AU$14.3m    		19.6%PS29.3x
    		KOV KorvestAU$14.417.9%
    +AU$12.5m    		53.5%PE11.8x
    		SIX SprintexAU$0.0696.2%
    +AU$2.7m    		32.7%PS14.9x
    		ZGL Zicom GroupAU$0.1010.5%
    +AU$2.2m    		40.0%PE2.7x

    Latest News

    VEE
    AU$0.58
    VEEM
    7D
    -0.9%
    1Y
    -42.0%
    ANG
    AU$0.17
    Austin Engineering
    7D
    -5.6%
    1Y
    -61.4%

    ANG: Steady Margins And Undervalued P/E Will Support Future Upside

    Analysts have kept their fair value estimate for Austin Engineering steady at A$0.45 per share, citing largely unchanged expectations for revenue growth, profit margins, and future P/E, despite a small adjustment to the discount rate in their valuation model. What's in the News Austin Engineering Limited was dropped from the S&P/ASX All Ordinaries Index, removing it from this broad Australian equity benchmark (Index Constituent Drops).
    ZGL
    AU$0.10
    Zicom Group
    7D
    10.5%
    1Y
    40.0%
    AL3
    AU$0.21
    AML3D
    7D
    23.5%
    1Y
    31.3%
    AIH
    AU$0.88
    Advanced Innergy Holdings
    7D
    -3.8%
    1Y
    n/a
    KOV
    AU$14.41
    Korvest
    7D
    7.9%
    1Y
    53.5%
    3DA
    AU$0.30
    Amaero
    7D
    5.2%
    1Y
    19.6%
    AAL
    AU$0.28
    Alfabs Australia
    7D
    -5.0%
    1Y
    -19.7%
    SIX
    AU$0.069
    Sprintex
    7D
    6.2%
    1Y
    32.7%
    MPW
    AU$2.00
    Metal Powder Works
    7D
    -2.4%
    1Y
    370.6%
    LBL
    AU$0.56
    LaserBond
    7D
    -1.8%
    1Y
    43.6%
    MXI
    AU$1.96
    MaxiPARTS
    7D
    -1.5%
    1Y
    -6.2%
    XRF
    AU$1.67
    XRF Scientific
    7D
    -0.6%
    1Y
    -6.2%