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Canadian (TSX) Machinery Industry Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies28
  • 7D-3.2%
  • 3M-2.8%
  • 1Y-7.0%
  • YTD-5.7%

Over the last 7 days, the Machinery industry has dropped 3.2%, driven by a pullback from ATS of 5.2%. Overall the industry is down 7.8% in 12 months. As for the next few years, earnings are expected to grow by 37% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024CA$10.1bCA$10.6b-CA$483,718,518.8622.2x-20.8x0.9x
Mon, 22 Jan 2024CA$11.3bCA$10.9b-CA$564,532,061.0024.9x-20x1x
Wed, 20 Dec 2023CA$11.5bCA$10.9b-CA$547,902,450.0028.2x-21x1.1x
Fri, 17 Nov 2023CA$10.8bCA$11.0b-CA$576,117,716.0020.6x-18.7x1x
Sun, 15 Oct 2023CA$10.8bCA$10.5b-CA$612,060,360.0020.9x-17.7x1x
Tue, 12 Sep 2023CA$11.5bCA$10.4b-CA$606,894,461.0021.3x-18.9x1.1x
Thu, 10 Aug 2023CA$11.1bCA$9.9b-CA$656,540,512.0022.8x-16.9x1.1x
Sat, 08 Jul 2023CA$11.1bCA$9.8b-CA$599,455,040.0024.6x-18.6x1.1x
Mon, 05 Jun 2023CA$10.9bCA$9.8b-CA$604,608,035.0025.5x-18x1.1x
Wed, 03 May 2023CA$10.5bCA$9.5b-CA$503,528,086.0027.4x-20.8x1.1x
Fri, 31 Mar 2023CA$10.0bCA$9.4b-CA$546,028,750.0021.8x-18.3x1.1x
Sun, 26 Feb 2023CA$10.2bCA$9.4b-CA$247,830,234.0029.1x-41.1x1.1x
Tue, 24 Jan 2023CA$9.7bCA$9.2b-CA$242,934,523.0027x-40.1x1.1x
Thu, 22 Dec 2022CA$8.5bCA$9.3b-CA$250,557,491.0023.8x-34.1x0.9x
Sat, 19 Nov 2022CA$8.6bCA$9.2b-CA$197,484,288.0023.5x-43.8x0.9x
Mon, 17 Oct 2022CA$8.7bCA$9.1b-CA$705,635.0015.1x-12372.1x1x
Wed, 14 Sep 2022CA$9.2bCA$8.8b-CA$2,106,609.0016.9x-4369.1x1x
Fri, 12 Aug 2022CA$9.8bCA$7.4bCA$35.2m14.7x279.8x1.3x
Sun, 10 Jul 2022CA$8.6bCA$8.8b-CA$117,540,386.0020.9x-73.3x1x
Tue, 07 Jun 2022CA$9.1bCA$8.7b-CA$104,839,929.0020.2x-87.3x1x
Thu, 05 May 2022CA$9.5bCA$8.6b-CA$67,709,665.0031.3x-139.8x1.1x
Sat, 02 Apr 2022CA$11.5bCA$8.5b-CA$59,217,484.0037.9x-194.7x1.4x
Mon, 28 Feb 2022CA$12.3bCA$8.3b-CA$36,892,567.0041.2x-332.9x1.5x
Wed, 26 Jan 2022CA$12.1bCA$8.1b-CA$117,995,031.0040.6x-102.8x1.5x
Fri, 24 Dec 2021CA$13.5bCA$8.1b-CA$113,739,828.0041.9x-118.9x1.7x
Sun, 21 Nov 2021CA$14.0bCA$8.0b-CA$102,810,408.0042.6x-136.3x1.7x
Tue, 19 Oct 2021CA$12.9bCA$7.8b-CA$334,680,724.0034.2x-38.5x1.6x
Thu, 16 Sep 2021CA$14.8bCA$7.8b-CA$367,019,566.8232.6x-40.3x1.9x
Sat, 14 Aug 2021CA$15.2bCA$7.8b-CA$367,019,566.8240x-41.3x2x
Wed, 09 Jun 2021CA$10.7bCA$7.1b-CA$119,495,481.4542.8x-89.8x1.5x
Tue, 02 Mar 2021CA$11.8bCA$7.2b-CA$296,689,613.6039.8x-39.9x1.6x
Price to Earnings Ratio

-39.9x


Total Market Cap: CA$11.8bTotal Earnings: -CA$296,689,613.60Total Revenue: CA$7.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Machinery Industry Price to Earnings3Y Average -456.2x202220232024
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 0.95x.
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 Canadian Industrials industry?

CA Market0.97%
Industrials0.42%
Machinery-3.16%
Construction Machinery and Vehicles-1.28%
Agricultural Machinery-1.42%
Industrial Machinery-4.09%
Industry PE
  • Investors are most optimistic about the Agricultural Machinery industry which is trading above its 3-year average PE ratio of 68.9x.
    • Analysts are expecting annual earnings growth of 41.8%, which is lower than the prior year's growth of 629.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 94% 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
SIS SavariaCA$16.780.5%
+CA$5.7m
1.9%PE31.2x
ROOF Northstar Clean TechnologiesCA$0.1420.8%
+CA$3.2m
-32.6%n/a
HEO H2O InnovationCA$4.250.2%
+CA$900.1k
100.5%PS1.5x
NXH Next Hydrogen SolutionsCA$0.764.1%
+CA$687.1k
-46.5%PS24.7x
AFI Affinor GrowersCA$0.0856.3%
+CA$173.1k
n/aPE-3.4x
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Latest News

SIS

CA$16.78

Savaria

7D

0.5%

1Y

1.9%

ROOF

CA$0.14

Northstar Clean Technologies

7D

20.8%

1Y

-32.6%

NFI

CA$12.16

NFI Group

7D

-0.4%

1Y

22.7%

LEV

CA$2.37

Lion Electric

7D

-2.5%

1Y

-22.3%

GPV

CA$2.76

GreenPower Motor

7D

-10.1%

1Y

-21.1%

AFN

CA$56.55

Ag Growth International

7D

-1.5%

1Y

7.2%

AFI

CA$0.085

Affinor Growers

7D

6.3%

1Y

n/a

FHYD

CA$1.48

First Hydrogen

7D

-2.6%

1Y

-58.7%

SHRC

CA$0.22

Sharc International Systems

7D

-10.2%

1Y

-18.5%

NXH

CA$0.76

Next Hydrogen Solutions

7D

4.1%

1Y

-46.5%

OML

CA$0.66

Omni-Lite Industries Canada

7D

1.5%

1Y

17.9%

HEO

CA$4.25

H2O Innovation

7D

0.2%

1Y

100.5%