Australian (ASX) Machinery Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 23 Jun 2026	AU$3.6b	AU$1.6b	-AU$89,440,728.24	11.3x	-39.8x	2.2x
Thu, 21 May 2026	AU$3.6b	AU$1.6b	-AU$89,621,800.72	13x	-40x	2.2x
Sat, 18 Apr 2026	AU$4.0b	AU$1.6b	-AU$89,555,813.31	12.5x	-44.8x	2.5x
Mon, 16 Mar 2026	AU$3.7b	AU$1.6b	-AU$89,349,205.54	12.4x	-41.4x	2.3x
Wed, 11 Feb 2026	AU$4.4b	AU$1.6b	-AU$54,920,608.06	15.6x	-80.7x	2.7x
Fri, 09 Jan 2026	AU$4.3b	AU$1.6b	-AU$55,118,673.14	16.8x	-77.2x	2.6x
Sun, 07 Dec 2025	AU$4.7b	AU$1.6b	-AU$62,704,270.75	17.2x	-74.3x	2.9x
Tue, 04 Nov 2025	AU$4.9b	AU$1.6b	-AU$62,479,643.09	16x	-77.8x	3.1x
Thu, 02 Oct 2025	AU$3.7b	AU$1.3b	-AU$16,137,301.01	15.4x	-230.7x	2.8x
Sat, 30 Aug 2025	AU$2.9b	AU$1.3b	-AU$10,653,942.32	15.5x	-276.3x	2.2x
Mon, 28 Jul 2025	AU$2.9b	AU$1.3b	-AU$4,126,336.38	22.2x	-709x	2.3x
Wed, 25 Jun 2025	AU$2.5b	AU$1.5b	-AU$2,830,167.27	18.7x	-881x	1.7x
Fri, 23 May 2025	AU$2.2b	AU$1.5b	-AU$2,824,842.22	17.8x	-769x	1.5x
Sun, 20 Apr 2025	AU$2.1b	AU$1.5b	-AU$2,940,161.61	17.5x	-726.1x	1.4x
Tue, 18 Mar 2025	AU$2.5b	AU$1.5b	-AU$3,135,382.60	17.6x	-800.2x	1.7x
Thu, 13 Feb 2025	AU$3.1b	AU$1.4b	AU$8.2m	17.6x	377.4x	2.2x
Sat, 11 Jan 2025	AU$3.2b	AU$1.4b	AU$9.8m	18.9x	328.3x	2.3x
Mon, 09 Dec 2024	AU$3.2b	AU$1.4b	AU$9.7m	17.7x	330.7x	2.3x
Wed, 06 Nov 2024	AU$3.0b	AU$1.4b	AU$9.6m	19.2x	317x	2.1x
Fri, 04 Oct 2024	AU$3.0b	AU$1.4b	AU$9.5m	19.1x	318x	2.1x
Sun, 01 Sep 2024	AU$2.7b	AU$1.3b	AU$5.9m	18.2x	455.6x	2x
Tue, 30 Jul 2024	AU$3.0b	AU$1.2b	-AU$10,143,064.46	18.5x	-299.4x	2.5x
Thu, 27 Jun 2024	AU$3.0b	AU$1.3b	-AU$31,654,749.70	17.7x	-93.3x	2.2x
Sat, 25 May 2024	AU$3.2b	AU$1.3b	-AU$31,898,237.41	17.3x	-101.3x	2.4x
Mon, 22 Apr 2024	AU$2.9b	AU$1.3b	-AU$32,775,743.98	19.7x	-87.6x	2.2x
Wed, 20 Mar 2024	AU$2.7b	AU$1.3b	-AU$32,397,133.94	19x	-83.7x	2x
Fri, 16 Feb 2024	AU$2.5b	AU$1.2b	-AU$19,947,689.31	19.8x	-127.1x	2.1x
Sun, 14 Jan 2024	AU$2.5b	AU$1.2b	-AU$26,571,561.00	20.7x	-95.7x	2.2x
Tue, 12 Dec 2023	AU$2.1b	AU$1.2b	-AU$26,652,738.00	20.4x	-78.9x	1.8x
Thu, 09 Nov 2023	AU$2.0b	AU$1.2b	-AU$26,760,544.00	18.6x	-74.4x	1.7x
Sat, 07 Oct 2023	AU$1.9b	AU$1.2b	-AU$26,345,248.00	18.7x	-74x	1.6x
Mon, 04 Sep 2023	AU$2.0b	AU$1.2b	-AU$26,320,859.00	20.4x	-76.5x	1.7x
Wed, 02 Aug 2023	AU$2.0b	AU$1.1b	-AU$26,291,817.00	22.5x	-77.5x	1.8x
Fri, 30 Jun 2023	AU$1.1b	AU$1.1b	-AU$14,727,316.00	20.8x	-77.1x	1x

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 Market	-0.91%
Industrials	0.77%
Machinery	0.80%
Industrial Machinery	1.07%
Agricultural Machinery	0%	0
Construction Machinery and Vehicles	-2.45%

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 23% 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
KOV Korvest	AU$21.29	10.6% +AU$24.2m	101.8%	PE17.4x
AAL Alfabs Australia	AU$0.28	14.0% +AU$10.0m	-21.9%	PE10.6x
VEE VEEM	AU$0.56	13.0% +AU$9.5m	-21.5%	PS1.4x
SIX Sprintex	AU$0.07	6.1% +AU$2.8m	62.8%	PS15.4x
MXI MaxiPARTS	AU$1.37	0.7% +AU$555.7k	-38.3%	PE8.5x

Alfabs Australia Limited Announces Appointment of Glen Robinson as Independent Non-Executive Director and Member of Committee's, Effective June 18, 2026

Alfabs Australia Limited announced the appointment of Mr. Glen Robinson as an Independent Non-Executive Director of the Company, effective 18 June 2026. Mr. Robinson brings more than 40 years of experience across the mining, resources and project development sectors, having held senior executive leadership positions with Anglo American and Xstrata. Most recently, Mr. Robinson served as Executive Head of Projects for Anglo American Steelmaking Coal, where he was responsible for project governance, capital allocation and delivery of major mining developments across Australia and South Africa. During his tenure, he oversaw project portfolios with annual capital budgets of up to USD 700 million and played a leading role in the successful delivery of several major resource projects, including the Grosvenor Mine (AUD 3.0 billion), Aquila Mine (AUD 600 million) and the Mafube Expansion Project in South Africa. Prior to Anglo American, Mr. Robinson held a range of senior project, operational and executive leadership roles with Xstrata Coal globally, including General Manager Projects, Project Director and General Manager Technical and Business Development. His extensive experience spans project development, operational leadership, mergers and acquisitions, capital project governance, strategic sourcing and business growth. In addition to joining the Board, Mr. Robinson will serve as a member of the Company's Audit and Risk Committee. His extensive experience in project governance, capital allocation, risk management and operational oversight gained through senior executive roles will further strengthen the Committee's capability in overseeing Alfabs' financial reporting, risk management framework and governance processes. Mr. Robinson holds a Bachelor of Engineering (Mining) with First Class Honours and is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM). He has held numerous statutory and operational leadership positions throughout his career and possesses extensive experience in mine development, project execution, business development, mergers and acquisitions, capital allocation and governance. His career has spanned operational, technical and executive leadership roles in Australia, South Africa and Colombia, including senior positions with Anglo American and Xstrata.

Australian (ASX) Machinery Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 16%

Alfabs Australia Limited Announces Appointment of Glen Robinson as Independent Non-Executive Director and Member of Committee's, Effective June 18, 2026

New major risk - Market cap size

Consensus EPS estimates fall by 36%

Now 20% undervalued after recent price drop

Advanced Innergy Holdings Limited to Report First Half, 2026 Results on May 28, 2026

Amaero Ltd Resumes Normal Operations At Tennessee Facility

New minor risk - Profitability

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

Silex Systems Limited to Report Fiscal Year 2026 Results on Aug 27, 2026

First half 2026 earnings released: AU$0.003 loss per share (vs AU$0.007 loss in 1H 2025)

First half 2026 earnings: Revenues exceed analysts expectations while EPS lags behind

First half 2026 earnings: EPS and revenues miss analyst expectations