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

Canadian (TSX) Machinery Industry Analysis

UpdatedNov 15, 2025
DataAggregated Company Financials
Companies17
  • 7D-6.9%
  • 3M-12.9%
  • 1Y-13.5%
  • YTD-14.0%

Over the last 7 days, the Machinery industry has dropped 6.9%, driven by ATS declining 7.9%. In contrast, Velan has gained 7.1%. The industry has fallen 14% in the last year. Looking forward, earnings are forecast to grow by 91% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Nov 2025CA$8.3bCA$10.8b-CA$462,549,641.5524.3x-18x0.8x
Thu, 16 Oct 2025CA$8.4bCA$10.5b-CA$325,008,346.0128.3x-25.9x0.8x
Sat, 13 Sep 2025CA$9.0bCA$10.4b-CA$320,462,043.6827x-28x0.9x
Mon, 11 Aug 2025CA$9.1bCA$10.4b-CA$302,303,171.2041x-30.1x0.9x
Wed, 09 Jul 2025CA$9.2bCA$10.3b-CA$165,071,600.7635.3x-55.7x0.9x
Fri, 06 Jun 2025CA$8.7bCA$10.3b-CA$165,465,700.3735.1x-52.3x0.8x
Sun, 04 May 2025CA$7.7bCA$10.6b-CA$43,284,436.2126.2x-177.3x0.7x
Tue, 01 Apr 2025CA$7.8bCA$11.1b-CA$48,673,875.5329.2x-160.7x0.7x
Thu, 27 Feb 2025CA$8.5bCA$11.0b-CA$42,581,787.7029x-198.7x0.8x
Sat, 25 Jan 2025CA$8.9bCA$11.4b-CA$187,775,035.0031.5x-47.2x0.8x
Mon, 23 Dec 2024CA$9.1bCA$11.4b-CA$155,522,561.9731.8x-58.7x0.8x
Wed, 20 Nov 2024CA$9.3bCA$11.3b-CA$158,457,634.8134.4x-58.8x0.8x
Fri, 18 Oct 2024CA$10.0bCA$11.4b-CA$114,598,490.6030.8x-87.3x0.9x
Sun, 15 Sep 2024CA$9.1bCA$11.3b-CA$110,495,732.2524.6x-82.8x0.8x
Tue, 13 Aug 2024CA$9.2bCA$11.4b-CA$129,451,098.5724.7x-71.1x0.8x
Thu, 11 Jul 2024CA$9.5bCA$11.1b-CA$169,666,630.3823.3x-56.1x0.9x
Sat, 08 Jun 2024CA$9.8bCA$11.2b-CA$171,076,486.8020.7x-57.3x0.9x
Mon, 06 May 2024CA$9.1bCA$11.1b-CA$233,401,547.8524.9x-39.1x0.8x
Wed, 03 Apr 2024CA$9.7bCA$10.8b-CA$266,653,136.9723.6x-36.4x0.9x
Fri, 01 Mar 2024CA$10.3bCA$10.6b-CA$487,091,488.7422.8x-21x1x
Sun, 28 Jan 2024CA$11.4bCA$10.9b-CA$564,503,883.0022.3x-20.2x1x
Tue, 26 Dec 2023CA$11.2bCA$10.8b-CA$544,239,383.0027.4x-20.6x1x
Thu, 23 Nov 2023CA$10.9bCA$11.0b-CA$570,160,731.0020.5x-19x1x
Sat, 21 Oct 2023CA$10.1bCA$10.5b-CA$614,609,183.0019.6x-16.4x1x
Mon, 18 Sep 2023CA$11.4bCA$10.4b-CA$604,294,951.0022.2x-18.9x1.1x
Wed, 16 Aug 2023CA$10.9bCA$10.1b-CA$609,595,438.0021x-17.8x1.1x
Fri, 14 Jul 2023CA$11.6bCA$9.7b-CA$592,165,444.0024.6x-19.5x1.2x
Sun, 11 Jun 2023CA$10.7bCA$9.8b-CA$601,193,503.0025.5x-17.9x1.1x
Tue, 09 May 2023CA$10.6bCA$9.5b-CA$518,772,408.0029.6x-20.5x1.1x
Thu, 06 Apr 2023CA$9.8bCA$9.4b-CA$540,956,881.0022.3x-18.2x1x
Sat, 04 Mar 2023CA$10.4bCA$9.4b-CA$435,582,533.0030.5x-24x1.1x
Mon, 30 Jan 2023CA$10.0bCA$9.2b-CA$247,096,229.0028.7x-40.6x1.1x
Wed, 28 Dec 2022CA$8.3bCA$9.3b-CA$250,205,435.0023.7x-33.3x0.9x
Fri, 25 Nov 2022CA$8.8bCA$9.2b-CA$237,856,722.0024x-36.8x0.9x
Price to Earnings Ratio

-36.8x


Total Market Cap: CA$8.8bTotal Earnings: -CA$237,856,722.00Total Revenue: CA$9.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Machinery Industry Price to Earnings3Y Average -52.5x202320242025
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 5.3% 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 Market-0.32%
Industrials-0.96%
Machinery-6.86%
Construction Machinery and Vehicles-3.74%
Industrial Machinery-5.13%
Agricultural Machinery-35.69%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 109% over the next 5 years.
    • This is better than its past earnings growth rate of 4.3% per year.
    • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 71% 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
    		VLN VelanCA$18.007.1%
    +CA$25.7m    		47.5%PS0.9x
    		ENW EnWaveCA$0.408.1%
    +CA$3.6m    		63.3%PS4.2x
    		NXH Next Hydrogen SolutionsCA$0.788.3%
    +CA$1.4m    		85.7%PS6x
    		DST Dundee Sustainable TechnologiesCA$0.1025.0%
    +CA$1.3m    		17.6%PS4.6x

    Latest News

    SIS
    CA$22.08
    Savaria
    7D
    -1.6%
    1Y
    -0.9%
    NXH
    CA$0.78
    Next Hydrogen Solutions
    7D
    8.3%
    1Y
    85.7%
    AFN
    CA$20.38
    Ag Growth International
    7D
    -35.8%
    1Y
    -61.0%
    WPRT
    CA$2.22
    Westport Fuel Systems
    7D
    -19.9%
    1Y
    -63.9%

    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$1.72
    Omni-Lite Industries Canada
    7D
    -8.5%
    1Y
    33.3%
    NFI
    CA$13.04
    NFI Group
    7D
    -3.8%
    1Y
    -13.5%

    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$35.42
    ATS
    7D
    -7.9%
    1Y
    -12.8%

    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$18.00
    Velan
    7D
    7.1%
    1Y
    47.5%
    CSX.H
    CA$0.09
    Clean Seed Capital Group
    7D
    -14.3%
    1Y
    n/a
    SHRC
    CA$0.06
    Sharc International Systems
    7D
    -25.0%
    1Y
    -62.5%
    DST
    CA$0.10
    Dundee Sustainable Technologies
    7D
    25.0%
    1Y
    17.6%
    ENW
    CA$0.40
    EnWave
    7D
    8.1%
    1Y
    63.3%