Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Australian (ASX) Machinery Industry Analysis

UpdatedJan 25, 2026
DataAggregated Company Financials
Companies16
  • 7D5.8%
  • 3M-13.3%
  • 1Y-2.4%
  • YTD-5.9%

Over the last 7 days, the Machinery industry has risen 5.8%, driven by gains from Silex Systems of 10.0%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 52% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Jan 2026AU$4.5bAU$1.6b-AU$55,611,458.9816.2x-81.2x2.8x
Wed, 24 Dec 2025AU$4.7bAU$1.6b-AU$62,639,365.6717.3x-74.5x2.9x
Fri, 21 Nov 2025AU$4.5bAU$1.6b-AU$62,468,343.1916.1x-72.4x2.8x
Sun, 19 Oct 2025AU$3.9bAU$1.3b-AU$69,986,389.7615.4x-55.5x2.9x
Tue, 16 Sep 2025AU$2.9bAU$1.3b-AU$16,156,892.6115.3x-182x2.2x
Thu, 14 Aug 2025AU$2.8bAU$1.3b-AU$4,099,538.0822.3x-684.1x2.2x
Sat, 12 Jul 2025AU$2.6bAU$1.3b-AU$7,847,950.7618.3x-326.2x2x
Mon, 09 Jun 2025AU$2.3bAU$1.5b-AU$2,972,679.1718.6x-790.3x1.6x
Wed, 07 May 2025AU$2.1bAU$1.5b-AU$2,887,144.7118.3x-739.7x1.4x
Fri, 04 Apr 2025AU$2.4bAU$1.5b-AU$3,165,922.7917.6x-744x1.6x
Sun, 02 Mar 2025AU$2.6bAU$1.5b-AU$3,013,464.4816.1x-860x1.7x
Tue, 28 Jan 2025AU$3.4bAU$1.4bAU$8.2m18.7x411.5x2.4x
Thu, 26 Dec 2024AU$2.9bAU$1.4bAU$9.8m18.4x299.5x2.1x
Sat, 23 Nov 2024AU$3.2bAU$1.4bAU$9.6m19.1x338.5x2.3x
Mon, 21 Oct 2024AU$3.0bAU$1.4bAU$9.5m18.4x319.9x2.2x
Wed, 18 Sep 2024AU$2.6bAU$1.3bAU$6.0m17.3x435.9x2x
Fri, 16 Aug 2024AU$2.8bAU$1.2b-AU$10,208,506.9317.3x-273.1x2.3x
Sun, 14 Jul 2024AU$3.1bAU$1.2b-AU$8,562,662.3117.9x-367.3x2.6x
Tue, 11 Jun 2024AU$3.1bAU$1.3b-AU$31,990,072.6517.9x-96.8x2.3x
Thu, 09 May 2024AU$3.2bAU$1.3b-AU$32,067,977.9118.5x-101.2x2.5x
Sat, 06 Apr 2024AU$2.9bAU$1.3b-AU$32,047,485.0419.6x-91.3x2.2x
Mon, 04 Mar 2024AU$2.7bAU$1.3b-AU$25,612,378.0518.3x-104.9x2x
Wed, 31 Jan 2024AU$2.6bAU$1.2b-AU$25,441,109.0019.5x-101.2x2.2x
Fri, 29 Dec 2023AU$2.4bAU$1.2b-AU$26,434,963.0020.8x-89.2x2x
Sun, 26 Nov 2023AU$2.0bAU$1.2b-AU$26,651,190.0020.3x-75.9x1.7x
Tue, 24 Oct 2023AU$2.0bAU$1.2b-AU$26,389,964.0019x-74x1.6x
Thu, 21 Sep 2023AU$2.0bAU$1.2b-AU$26,237,918.0019.7x-77.5x1.7x
Sat, 19 Aug 2023AU$2.0bAU$1.1b-AU$26,468,032.0024.2x-73.8x1.8x
Mon, 17 Jul 2023AU$2.1bAU$1.1b-AU$28,407,145.0020.9x-72.9x1.9x
Wed, 14 Jun 2023AU$1.2bAU$1.1b-AU$14,598,891.0020.9x-80.9x1.1x
Fri, 12 May 2023AU$1.2bAU$1.1b-AU$14,762,182.0022.2x-81.7x1.1x
Sun, 09 Apr 2023AU$1.2bAU$1.1b-AU$14,844,411.0021.3x-83.8x1.1x
Tue, 07 Mar 2023AU$1.3bAU$1.1b-AU$14,508,453.0023.8x-86.3x1.1x
Thu, 02 Feb 2023AU$1.4bAU$1.1b-AU$16,732,130.0023.2x-83.7x1.2x
Price to Earnings Ratio

-83.7x


Total Market Cap: AU$1.4bTotal Earnings: -AU$16,732,130.00Total Revenue: AU$1.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Machinery Industry Price to Earnings3Y Average -131.8x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Machinery industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.8x.
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-0.29%
Industrials-1.22%
Machinery5.80%
Industrial Machinery6.14%
Construction Machinery and Vehicles2.70%
Agricultural Machinery0%0
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 57% over the next 5 years.
    • This is better than its past earnings growth rate of 17% per year.
    • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 13% 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$7.1510.0%
    +AU$180.7m    		9.3%PS145.3x
    		3DA AmaeroAU$0.3614.3%
    +AU$42.9m    		7.5%PS90x
    		MPW Metal Powder WorksAU$2.904.7%
    +AU$18.9m    		n/aPS262.9x
    		AL3 AML3DAU$0.208.3%
    +AU$8.3m    		30.0%PS14.6x
    		ANG Austin EngineeringAU$0.264.0%
    +AU$6.2m    		-48.0%PE6.1x

    Latest News

    ANG
    AU$0.26
    Austin Engineering
    7D
    4.0%
    1Y
    -48.0%

    ANG: Steady Profit Outlook And Buyback Plan Will Drive Future Upside

    Analysts have kept their fair value estimate for Austin Engineering steady at A$0.45, citing only very small tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E that are not material enough to shift the overall price target. Valuation Changes Fair Value Estimate was held steady at A$0.45 per share, with no change between the prior and updated models.
    KOV
    AU$14.63
    Korvest
    7D
    3.4%
    1Y
    40.7%
    3DA
    AU$0.36
    Amaero
    7D
    14.3%
    1Y
    7.5%

    Reshoring And Refractory Alloys Will Transform This Powder Supplier Over The Next Decade

    Catalysts About Amaero Amaero produces spherical titanium and refractory metal powders and PM HIP parts for aerospace, defense, medical, semiconductor and industrial customers. What are the underlying business or industry changes driving this perspective?
    AIH
    AU$0.96
    Advanced Innergy Holdings
    7D
    -2.5%
    1Y
    n/a
    SLX
    AU$7.15
    Silex Systems
    7D
    10.0%
    1Y
    9.3%
    A3D
    AU$0.058
    Aurora Labs
    7D
    5.5%
    1Y
    -27.5%
    LBL
    AU$0.59
    LaserBond
    7D
    -1.7%
    1Y
    0.9%
    ZGL
    AU$0.14
    Zicom Group
    7D
    -3.3%
    1Y
    141.7%

    Zicom Group Limited's (ASX:ZGL) Price Is Right But Growth Is Lacking After Shares Rocket 26%

    Dec 28
    Zicom Group Limited's (ASX:ZGL) Price Is Right But Growth Is Lacking After Shares Rocket 26%
    VEE
    AU$0.69
    VEEM
    7D
    -4.9%
    1Y
    -26.3%

    VEEM Ltd (ASX:VEE) Analysts Just Slashed This Year's Estimates

    Dec 07
    VEEM Ltd (ASX:VEE) Analysts Just Slashed This Year's Estimates
    AAL
    AU$0.46
    Alfabs Australia
    7D
    3.4%
    1Y
    9.5%
    AL3
    AU$0.20
    AML3D
    7D
    8.3%
    1Y
    30.0%
    MPW
    AU$2.90
    Metal Powder Works
    7D
    4.7%
    1Y
    n/a
    XRF
    AU$2.12
    XRF Scientific
    7D
    -1.4%
    1Y
    16.5%