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Canadian (TSX) Machinery Industry Analysis

UpdatedMar 17, 2024
DataAggregated Company Financials
Companies27
  • 7D-0.2%
  • 3M-9.0%
  • 1Y-4.7%
  • YTD-7.1%

Over the last 7 days, the Machinery industry has remained flat, although notably NFI Group gained 8.1%. As for the longer term, the industry has declined 4.7% in the last year. As for the next few years, earnings are expected to grow by 39% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 Mar 2024CA$9.8bCA$10.8b-CA$258,199,217.8722x-38x0.9x
Tue, 13 Feb 2024CA$10.4bCA$10.6b-CA$479,042,114.4723.1x-21.8x1x
Thu, 11 Jan 2024CA$11.1bCA$10.9b-CA$549,725,068.0027.2x-20.1x1x
Sat, 09 Dec 2023CA$10.9bCA$11.0b-CA$564,038,570.0025.9x-19.3x1x
Mon, 06 Nov 2023CA$10.2bCA$10.5b-CA$610,460,449.0020.7x-16.7x1x
Wed, 04 Oct 2023CA$10.8bCA$10.5b-CA$614,833,041.0020.1x-17.6x1x
Fri, 01 Sep 2023CA$11.8bCA$10.4b-CA$599,159,258.0018.7x-19.6x1.1x
Sun, 30 Jul 2023CA$11.3bCA$9.8b-CA$593,326,262.0024.6x-19.1x1.2x
Tue, 27 Jun 2023CA$10.8bCA$9.7b-CA$592,643,291.0025.1x-18.3x1.1x
Thu, 25 May 2023CA$10.3bCA$9.9b-CA$609,930,561.0028.2x-16.9x1x
Sat, 22 Apr 2023CA$10.0bCA$9.5b-CA$546,641,269.0028.2x-18.2x1.1x
Mon, 20 Mar 2023CA$10.0bCA$9.5b-CA$557,666,778.0023.9x-17.9x1.1x
Wed, 15 Feb 2023CA$10.3bCA$9.3b-CA$240,635,011.0028.6x-42.8x1.1x
Fri, 13 Jan 2023CA$9.4bCA$9.2b-CA$242,687,146.0026.6x-38.8x1x
Sun, 11 Dec 2022CA$8.7bCA$9.3b-CA$249,840,557.0023.7x-34.8x0.9x
Tue, 08 Nov 2022CA$8.9bCA$9.0b-CA$6,541,590.0015.1x-1360.1x1x
Thu, 06 Oct 2022CA$8.9bCA$9.1b-CA$455,660.0015.1x-19474.7x1x
Sat, 03 Sep 2022CA$8.9bCA$8.9b-CA$2,256,547.0016.9x-3964.2x1x
Mon, 01 Aug 2022CA$9.1bCA$8.8b-CA$116,158,943.0022.3x-78.1x1x
Wed, 29 Jun 2022CA$8.4bCA$8.8b-CA$109,630,042.0020.6x-76.3x0.9x
Fri, 27 May 2022CA$8.8bCA$8.8b-CA$102,982,764.0019.1x-85x1x
Sun, 24 Apr 2022CA$10.5bCA$8.5b-CA$58,777,022.0032.8x-178.8x1.2x
Tue, 22 Mar 2022CA$11.6bCA$8.4b-CA$38,070,998.0036.8x-305.1x1.4x
Thu, 17 Feb 2022CA$12.7bCA$8.3b-CA$129,347,417.0041.9x-97.9x1.5x
Sat, 15 Jan 2022CA$13.0bCA$8.1b-CA$116,969,085.0041x-110.7x1.6x
Mon, 13 Dec 2021CA$13.9bCA$8.1b-CA$111,472,541.0042.1x-124.8x1.7x
Wed, 10 Nov 2021CA$14.9bCA$7.8b-CA$309,075,135.0041.4x-48.3x1.9x
Fri, 08 Oct 2021CA$12.8bCA$7.9b-CA$352,140,854.0038.3x-36.3x1.6x
Sun, 05 Sep 2021CA$14.9bCA$7.8b-CA$367,019,566.8235.1x-40.5x1.9x
Tue, 03 Aug 2021CA$14.5bCA$7.8b-CA$367,019,566.8234.5x-39.6x1.9x
Fri, 07 May 2021CA$11.0bCA$7.1b-CA$115,381,072.6444x-95.7x1.6x
Price to Earnings Ratio

-94.4x


Total Market Cap: CA$11.0bTotal Earnings: -CA$116,118,072.64Total Revenue: CA$7.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Machinery Industry Price to Earnings3Y Average -459.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Machinery industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.91x.
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 15% 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 Canadian Industrials industry?

CA Market0.45%
Industrials0.20%
Machinery-0.20%
Construction Machinery and Vehicles3.57%
Agricultural Machinery0.36%
Industrial Machinery-1.51%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 70.2x.
    • Analysts expect its future annual earnings growth (17.1%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 115% over the next 5 years.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 17% 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
NFI NFI GroupCA$12.158.1%
+CA$108.3m
43.6%PS0.4x
SIS SavariaCA$16.532.5%
+CA$28.4m
5.6%PE31x
WPRT Westport Fuel SystemsCA$8.027.1%
+CA$9.1m
-29.6%PS0.3x
AFN Ag Growth InternationalCA$62.500.7%
+CA$7.8m
1.8%PE17.2x
CAG Composite Alliance GroupCA$0.1271.4%
+CA$5.5m
242.9%PE14.5x
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Latest News

AFN

CA$62.50

Ag Growth International

7D

0.7%

1Y

1.8%

LEV

CA$1.65

Lion Electric

7D

-9.8%

1Y

-37.5%

ROOF

CA$0.17

Northstar Clean Technologies

7D

-8.1%

1Y

3.0%

FHYD

CA$1.30

First Hydrogen

7D

-13.3%

1Y

-63.8%

NFI

CA$12.15

NFI Group

7D

8.1%

1Y

43.6%

ENW

CA$0.30

EnWave

7D

7.1%

1Y

-18.9%

TGH

CA$0.50

Tornado Global Hydrovacs

7D

2.0%

1Y

28.2%

BUI

CA$2.07

Buhler Industries

7D

-4.2%

1Y

-10.0%

VMC

CA$1.02

Vicinity Motor

7D

-2.9%

1Y

-10.5%