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Canadian (TSX) Machinery Industry Analysis

UpdatedNov 24, 2025
DataAggregated Company Financials
Companies17
  • 7D-2.1%
  • 3M-14.8%
  • 1Y-19.2%
  • YTD-15.9%

Over the last 7 days, the Machinery industry has dropped 2.1%, driven by a pullback from ATS of 3.1%. Overall the industry is down 19% in 12 months. As for the next few years, earnings are expected to grow by 93% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Nov 2025CA$7.7bCA$10.9b-CA$462,055,373.6324.1x-16.6x0.7x
Fri, 24 Oct 2025CA$8.3bCA$10.5b-CA$323,578,087.0428.8x-25.8x0.8x
Sun, 21 Sep 2025CA$8.9bCA$10.4b-CA$319,066,189.6327.4x-28x0.9x
Tue, 19 Aug 2025CA$9.1bCA$10.4b-CA$317,772,891.6227.7x-28.5x0.9x
Thu, 17 Jul 2025CA$9.2bCA$10.3b-CA$137,755,411.8143x-66.9x0.9x
Sat, 14 Jun 2025CA$8.9bCA$10.3b-CA$164,049,000.2935.2x-54.3x0.9x
Mon, 12 May 2025CA$8.2bCA$10.8b-CA$41,137,603.8428.1x-198.2x0.8x
Wed, 09 Apr 2025CA$6.8bCA$10.7b-CA$47,353,605.7122.7x-143.1x0.6x
Fri, 07 Mar 2025CA$8.1bCA$11.0b-CA$83,621,035.1531.6x-96.7x0.7x
Sun, 02 Feb 2025CA$8.4bCA$11.4b-CA$195,642,983.4129.6x-42.8x0.7x
Tue, 31 Dec 2024CA$9.1bCA$11.4b-CA$156,058,638.4432.1x-58.5x0.8x
Thu, 28 Nov 2024CA$9.3bCA$11.3b-CA$148,634,452.5732.4x-62.4x0.8x
Sat, 26 Oct 2024CA$9.7bCA$11.4b-CA$117,030,321.5329.9x-82.7x0.8x
Mon, 23 Sep 2024CA$9.6bCA$11.3b-CA$110,500,818.2833.3x-87.1x0.9x
Wed, 21 Aug 2024CA$9.3bCA$11.3b-CA$113,569,369.4924.6x-81.8x0.8x
Fri, 19 Jul 2024CA$9.8bCA$11.2b-CA$166,946,063.4723.4x-58.6x0.9x
Sun, 16 Jun 2024CA$9.5bCA$11.2b-CA$170,560,379.3220.4x-55.8x0.8x
Tue, 14 May 2024CA$9.6bCA$11.1b-CA$240,514,448.8626.1x-39.9x0.9x
Thu, 11 Apr 2024CA$9.3bCA$10.8b-CA$273,804,660.6223.6x-34.1x0.9x
Sat, 09 Mar 2024CA$9.8bCA$10.8b-CA$255,855,508.7822.4x-38.4x0.9x
Mon, 05 Feb 2024CA$11.4bCA$10.9b-CA$564,436,638.0022.5x-20.2x1x
Wed, 03 Jan 2024CA$11.1bCA$10.9b-CA$547,332,775.0027.1x-20.3x1x
Fri, 01 Dec 2023CA$10.8bCA$11.0b-CA$563,249,201.0023x-19.1x1x
Sun, 29 Oct 2023CA$9.9bCA$10.6b-CA$621,566,330.0019.6x-15.9x0.9x
Tue, 26 Sep 2023CA$11.3bCA$10.4b-CA$601,052,122.0021.3x-18.8x1.1x
Thu, 24 Aug 2023CA$10.8bCA$10.4b-CA$599,616,452.0018.3x-18.1x1x
Sat, 22 Jul 2023CA$11.7bCA$9.8b-CA$592,521,280.0024.1x-19.8x1.2x
Mon, 19 Jun 2023CA$11.0bCA$9.8b-CA$594,739,491.0026x-18.5x1.1x
Wed, 17 May 2023CA$10.3bCA$9.7b-CA$567,136,951.0029.3x-18.1x1.1x
Fri, 14 Apr 2023CA$9.7bCA$9.4b-CA$539,963,400.0025x-17.9x1x
Sun, 12 Mar 2023CA$10.3bCA$9.5b-CA$541,156,365.0026.6x-19x1.1x
Tue, 07 Feb 2023CA$10.1bCA$9.2b-CA$247,477,612.0028.2x-40.8x1.1x
Thu, 05 Jan 2023CA$8.7bCA$9.3b-CA$248,139,112.0024.3x-35.2x0.9x
Sat, 03 Dec 2022CA$9.0bCA$9.3b-CA$246,714,065.0024.8x-36.4x1x
Price to Earnings Ratio

-36.4x


Total Market Cap: CA$9.0bTotal Earnings: -CA$246,714,065.00Total Revenue: CA$9.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Machinery Industry Price to Earnings3Y Average -52.3x202320242025
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 industry is trading close to its 3-year average PS ratio of 0.92x.
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 5.6% 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 Market1.16%
Industrials-1.17%
Machinery-2.13%
Construction Machinery and Vehicles0.63%
Agricultural Machinery-0.25%
Industrial Machinery-3.19%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 111% over the next 5 years.
    • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 87% 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$13.120.6%
    +CA$9.5m    		-11.2%PS0.3x
    		WPRT Westport Fuel SystemsCA$2.376.8%
    +CA$2.6m    		-62.3%PS0.1x
    		SHRC Sharc International SystemsCA$0.0716.7%
    +CA$1.6m    		-61.1%PS4.7x
    		MARY Mary AgrotechnologiesCA$0.0566.7%
    +CA$865.0k    		n/an/a
    		TMG Thermal Energy InternationalCA$0.124.3%
    +CA$851.4k    		-38.5%PS0.7x

    Latest News

    SIS
    CA$21.24
    Savaria
    7D
    -3.8%
    1Y
    -7.7%

    Savaria (TSE:SIS) Will Pay A Dividend Of CA$0.0467

    Nov 25
    Savaria (TSE:SIS) Will Pay A Dividend Of CA$0.0467
    AFN
    CA$20.30
    Ag Growth International
    7D
    -0.4%
    1Y
    -62.0%

    AFN: Recovery In Agricultural Cycle Will Drive Improved Market Sentiment

    Analysts have lowered their price target for Ag Growth International from C$53.38 to C$45.00, citing uncertainty related to withdrawn guidance, ongoing financial reporting reviews, and delayed recovery in key markets. Analyst Commentary Recent research updates on Ag Growth International reflect mixed views from sector analysts amid significant company-specific uncertainties.
    FWTC
    CA$0.055
    Forward Water Technologies
    7D
    22.2%
    1Y
    -26.7%
    NXH
    CA$0.50
    Next Hydrogen Solutions
    7D
    -35.9%
    1Y
    4.2%
    WPRT
    CA$2.37
    Westport Fuel Systems
    7D
    6.8%
    1Y
    -62.3%

    Does Westport Fuel Systems (TSE:WPRT) Have A Healthy Balance Sheet?

    Nov 13
    Does Westport Fuel Systems (TSE:WPRT) Have A Healthy Balance Sheet?
    OML
    CA$1.75
    Omni-Lite Industries Canada
    7D
    1.7%
    1Y
    44.6%
    NFI
    CA$13.12
    NFI Group
    7D
    0.6%
    1Y
    -11.2%

    NFI: Order Backlog and Transit Market Recovery Will Drive Upside

    Analysts have lowered their average price target for NFI Group from approximately C$22.35 to C$21.54. They cited more cautious forecasts for revenue growth and profitability.
    ATS
    CA$34.31
    ATS
    7D
    -3.1%
    1Y
    -23.4%

    ATS Corporation (TSE:ATS) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

    Nov 08
    ATS Corporation (TSE:ATS) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
    VLN
    CA$17.75
    Velan
    7D
    -1.4%
    1Y
    55.3%
    TMG
    CA$0.12
    Thermal Energy International
    7D
    4.3%
    1Y
    -38.5%
    SHRC
    CA$0.07
    Sharc International Systems
    7D
    16.7%
    1Y
    -61.1%
    ENW
    CA$0.38
    EnWave
    7D
    -6.3%
    1Y
    63.0%
    BSKY
    CA$0.05
    BluSky Carbon
    7D
    -28.6%
    1Y
    -89.9%
    FHYD
    CA$0.45
    First Hydrogen
    7D
    -5.3%
    1Y
    28.6%
    MARY
    CA$0.05
    Mary Agrotechnologies
    7D
    66.7%
    1Y
    n/a