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Canadian (TSX) Machinery Industry Analysis

UpdatedMar 07, 2026
DataAggregated Company Financials
Companies16
  • 7D-3.5%
  • 3M12.8%
  • 1Y15.5%
  • YTD5.8%

Over the last 7 days, the Machinery industry has dropped 3.5%, driven by a pullback from ATS of 5.7%. This takes the industry's 12 month performance to a gain of 16%. Looking forward, earnings are forecast to grow by 69% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 08 Mar 2026CA$9.1bCA$10.7b-CA$364,971,404.8455.6x-25x0.9x
Tue, 03 Feb 2026CA$8.5bCA$10.6b-CA$391,077,118.6946.7x-21.8x0.8x
Thu, 01 Jan 2026CA$8.3bCA$10.6b-CA$459,069,540.7020.6x-18x0.8x
Sat, 29 Nov 2025CA$7.9bCA$10.8b-CA$457,647,486.2224.2x-17.3x0.7x
Mon, 27 Oct 2025CA$8.4bCA$10.5b-CA$323,849,716.0629.1x-26x0.8x
Wed, 24 Sep 2025CA$8.9bCA$10.4b-CA$320,400,241.0327x-27.8x0.9x
Fri, 22 Aug 2025CA$8.9bCA$10.5b-CA$320,129,746.7427.4x-27.8x0.8x
Sun, 20 Jul 2025CA$9.5bCA$10.4b-CA$138,070,427.7343.8x-69x0.9x
Tue, 17 Jun 2025CA$8.8bCA$10.3b-CA$163,990,680.4935.9x-53.4x0.9x
Thu, 15 May 2025CA$8.5bCA$10.8b-CA$41,603,525.5128.1x-204.9x0.8x
Sat, 12 Apr 2025CA$7.0bCA$10.6b-CA$43,530,823.3223.2x-160.4x0.7x
Mon, 10 Mar 2025CA$8.0bCA$11.0b-CA$84,223,274.6832.2x-95.5x0.7x
Wed, 05 Feb 2025CA$8.1bCA$11.3b-CA$189,923,109.0628.8x-42.4x0.7x
Fri, 03 Jan 2025CA$9.2bCA$11.4b-CA$155,869,761.3833.2x-59.1x0.8x
Sun, 01 Dec 2024CA$9.7bCA$11.3b-CA$147,972,140.5133.8x-65.4x0.9x
Tue, 29 Oct 2024CA$9.7bCA$11.4b-CA$117,229,778.8330x-82.8x0.8x
Thu, 26 Sep 2024CA$9.7bCA$11.2b-CA$108,515,035.5933.1x-89x0.9x
Sat, 24 Aug 2024CA$9.3bCA$11.3b-CA$108,579,620.6624x-85.3x0.8x
Mon, 22 Jul 2024CA$9.7bCA$11.2b-CA$167,490,976.7023.7x-57.8x0.9x
Wed, 19 Jun 2024CA$9.5bCA$11.2b-CA$169,388,950.3720.1x-56x0.8x
Fri, 17 May 2024CA$9.6bCA$11.1b-CA$246,538,607.7927.8x-38.9x0.9x
Sun, 14 Apr 2024CA$9.1bCA$10.9b-CA$277,646,464.3423.6x-32.7x0.8x
Tue, 12 Mar 2024CA$9.8bCA$10.8b-CA$255,782,578.8622.8x-38.4x0.9x
Thu, 08 Feb 2024CA$10.9bCA$10.5b-CA$497,480,914.5723.7x-21.9x1x
Sat, 06 Jan 2024CA$10.9bCA$10.9b-CA$548,946,953.0026.9x-19.9x1x
Mon, 04 Dec 2023CA$11.0bCA$10.9b-CA$559,305,220.0022.9x-19.6x1x
Wed, 01 Nov 2023CA$9.8bCA$10.6b-CA$621,396,041.0019x-15.8x0.9x
Fri, 29 Sep 2023CA$11.2bCA$10.4b-CA$606,189,851.0020.9x-18.5x1.1x
Sun, 27 Aug 2023CA$10.9bCA$10.5b-CA$601,737,918.0018.9x-18.2x1x
Tue, 25 Jul 2023CA$11.7bCA$9.7b-CA$590,732,304.0025.5x-19.8x1.2x
Thu, 22 Jun 2023CA$11.3bCA$9.7b-CA$593,552,975.0024.6x-19x1.2x
Sat, 20 May 2023CA$10.7bCA$9.8b-CA$605,908,399.0029.9x-17.6x1.1x
Mon, 17 Apr 2023CA$9.7bCA$9.4b-CA$541,068,044.0025.2x-17.9x1x
Wed, 15 Mar 2023CA$10.2bCA$9.5b-CA$565,492,037.0026.8x-18x1.1x
Price to Earnings Ratio

-18x


Total Market Cap: CA$10.2bTotal Earnings: -CA$565,492,037.00Total Revenue: CA$9.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Machinery Industry Price to Earnings3Y Average -50.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the Canadian 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 0.90x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have improved over the last three years.
  • Revenues for these companies have grown 4.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

Which industries have driven the changes within the Canadian Industrials industry?

CA Market-3.83%
Industrials-1.86%
Machinery-3.48%
Agricultural Machinery-2.79%
Construction Machinery and Vehicles-3.34%
Industrial Machinery-3.58%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 109x.
    • Analysts are expecting annual earnings growth of 60.4%, which is higher than its past year's earnings decline of 15.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 88% over the next 5 years.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 58% 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$25.521.1%
+CA$19.5m		47.5%PE29.2x
NXH Next Hydrogen SolutionsCA$0.607.1%
+CA$2.8m		-36.8%PS13.8x
FWTC Forward Water TechnologiesCA$0.05522.2%
+CA$500.4k		n/aPS46.3x

Latest News

SIS
CA$25.52
Savaria
7D
1.1%
1Y
47.5%

SIS: Analyst Day And Refined Assumptions Will Guide Future Share Pricing

Analysts have nudged their fair value estimate for Savaria up to CA$28.50 from CA$28.00, reflecting a series of recent price target increases across the Street, with several firms now pointing to levels between CA$29 and CA$31. Analyst Commentary Recent research updates cluster around higher fair value marks for Savaria, with several firms now referencing price targets in the CA$29 to CA$31 range.
AFN
CA$27.04
Ag Growth International
7D
-2.8%
1Y
-25.3%
FWTC
CA$0.055
Forward Water Technologies
7D
22.2%
1Y
n/a
ATS
CA$41.05
ATS
7D
-5.7%
1Y
4.0%

ATS: Future P/E Will Reflect Execution, Buybacks And Leadership Transition

Narrative Update on ATS The analyst price target for ATS has recently fluctuated by about CA$2, as analysts adjusted their outlook based on refined discount rate and P/E assumptions while considering mixed target changes from Scotiabank, TD Securities, and JPMorgan. Analyst Commentary Recent research on ATS reflects a split view, with some analysts adjusting targets higher and others trimming them by about CA$2.
FHYD
CA$0.41
First Hydrogen
7D
-9.0%
1Y
6.6%
ENW
CA$0.30
EnWave
7D
-6.2%
1Y
24.5%
NFI
CA$16.47
NFI Group
7D
-3.4%
1Y
46.0%
NXH
CA$0.60
Next Hydrogen Solutions
7D
7.1%
1Y
-36.8%
VLN
CA$15.75
Velan
7D
-1.6%
1Y
16.1%
CSX.H
CA$0.07
Clean Seed Capital Group
7D
-17.6%
1Y
n/a
DST
CA$0.095
Dundee Sustainable Technologies
7D
-24.0%
1Y
-24.0%