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Canadian (TSX) Machinery Industry Analysis

UpdatedJan 28, 2026
DataAggregated Company Financials
Companies16
  • 7D0.9%
  • 3M7.1%
  • 1Y8.1%
  • YTD4.7%

In the last week, the Machinery industry is flat overall, with Savaria standing out by going down 3.7%. The past year has been better, since the industry has gained 8.1% in that time. 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
Wed, 28 Jan 2026CA$8.8bCA$10.6b-CA$386,523,474.7942.7x-22.7x0.8x
Fri, 26 Dec 2025CA$8.4bCA$10.6b-CA$457,202,314.6020.8x-18.3x0.8x
Sun, 23 Nov 2025CA$7.7bCA$10.9b-CA$462,029,796.6324.1x-16.6x0.7x
Tue, 21 Oct 2025CA$8.3bCA$10.5b-CA$324,676,622.0828.4x-25.6x0.8x
Thu, 18 Sep 2025CA$9.0bCA$10.4b-CA$318,679,386.7027.4x-28.2x0.9x
Sat, 16 Aug 2025CA$9.2bCA$10.4b-CA$317,972,299.3427.9x-28.9x0.9x
Mon, 14 Jul 2025CA$9.2bCA$10.3b-CA$137,688,386.5542.3x-66.7x0.9x
Wed, 11 Jun 2025CA$8.8bCA$10.3b-CA$165,054,391.4335.1x-53.3x0.9x
Fri, 09 May 2025CA$7.6bCA$10.6b-CA$45,833,159.4628.2x-166.7x0.7x
Sun, 06 Apr 2025CA$7.0bCA$10.7b-CA$47,141,761.1823.1x-147.8x0.6x
Tue, 04 Mar 2025CA$8.4bCA$11.1b-CA$44,763,470.6827.5x-188.6x0.8x
Thu, 30 Jan 2025CA$8.5bCA$11.4b-CA$190,083,058.2830.2x-44.6x0.7x
Sat, 28 Dec 2024CA$9.3bCA$11.4b-CA$156,586,632.3932.4x-59.2x0.8x
Mon, 25 Nov 2024CA$9.5bCA$11.2b-CA$147,413,794.0934.1x-64.7x0.8x
Wed, 23 Oct 2024CA$10.0bCA$11.4b-CA$115,503,020.2330x-86.7x0.9x
Fri, 20 Sep 2024CA$9.3bCA$11.3b-CA$109,645,757.0924x-85.1x0.8x
Sun, 18 Aug 2024CA$9.2bCA$11.3b-CA$115,098,823.3323.5x-79.8x0.8x
Tue, 16 Jul 2024CA$9.8bCA$11.2b-CA$165,706,775.0825.8x-59.1x0.9x
Thu, 13 Jun 2024CA$9.7bCA$11.2b-CA$170,341,904.3720.8x-57.2x0.9x
Sat, 11 May 2024CA$9.5bCA$11.1b-CA$240,574,358.8526.1x-39.4x0.9x
Mon, 08 Apr 2024CA$9.3bCA$10.8b-CA$270,403,340.9124x-34.6x0.9x
Wed, 06 Mar 2024CA$9.9bCA$10.8b-CA$338,623,259.1722.8x-29.2x0.9x
Fri, 02 Feb 2024CA$11.4bCA$10.9b-CA$561,095,502.0022.1x-20.3x1x
Sun, 31 Dec 2023CA$11.2bCA$10.8b-CA$543,486,386.0028.2x-20.7x1x
Tue, 28 Nov 2023CA$10.8bCA$11.0b-CA$566,198,787.0024x-19.1x1x
Thu, 26 Oct 2023CA$10.1bCA$10.5b-CA$618,542,837.0019.6x-16.4x1x
Sat, 23 Sep 2023CA$11.3bCA$10.4b-CA$602,184,386.0021.3x-18.8x1.1x
Mon, 21 Aug 2023CA$10.7bCA$10.4b-CA$600,198,768.0018.9x-17.8x1x
Wed, 19 Jul 2023CA$11.8bCA$9.7b-CA$590,493,853.0024.6x-19.9x1.2x
Fri, 16 Jun 2023CA$10.9bCA$9.8b-CA$595,594,698.0026x-18.2x1.1x
Sun, 14 May 2023CA$10.1bCA$9.7b-CA$574,491,673.0029.9x-17.6x1x
Tue, 11 Apr 2023CA$9.7bCA$9.5b-CA$546,651,853.0025.1x-17.8x1x
Thu, 09 Mar 2023CA$10.5bCA$9.5b-CA$493,764,054.0023.3x-21.3x1.1x
Sat, 04 Feb 2023CA$10.3bCA$9.2b-CA$246,631,235.0028.5x-41.7x1.1x
Price to Earnings Ratio

-41.7x


Total Market Cap: CA$10.3bTotal Earnings: -CA$246,631,235.00Total Revenue: CA$9.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Machinery Industry Price to Earnings3Y Average -51.3x202420252026
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 0.91x.
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 4.7% 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 Market1.72%
Industrials0.59%
Machinery0.90%
Agricultural Machinery1.42%
Construction Machinery and Vehicles1.24%
Industrial Machinery0.73%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 100x.
    • Analysts are expecting annual earnings growth of 56.0%, which is higher than its past year's earnings growth of 11.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 110% over the next 5 years.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 55% 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
ATS ATSCA$39.792.9%
+CA$111.8m		-0.3%PS1.4x
NFI NFI GroupCA$16.951.4%
+CA$27.4m		40.4%PS0.4x
AFN Ag Growth InternationalCA$29.971.4%
+CA$7.7m		-21.1%PS0.4x
TMG Thermal Energy InternationalCA$0.1717.2%
+CA$4.3m		6.3%PE57.2x
VLN VelanCA$14.820.5%
+CA$1.5m		-4.9%PE75.8x

Latest News

NFI
CA$16.95
NFI Group
7D
1.4%
1Y
40.4%
TMG
CA$0.17
Thermal Energy International
7D
17.2%
1Y
6.3%
MARY
CA$0.07
Mary Agrotechnologies
7D
7.7%
1Y
n/a
SIS
CA$24.51
Savaria
7D
-3.7%
1Y
24.1%

Savaria (TSE:SIS) Is Due To Pay A Dividend Of CA$0.0467

Jan 27
Savaria (TSE:SIS) Is Due To Pay A Dividend Of CA$0.0467
ATS
CA$39.79
ATS
7D
2.9%
1Y
-0.3%

ATS: Higher Future P/E Assumptions Will Support Margin Expansion Potential

Analysts have nudged their price targets on ATS higher by about $2, citing recent target increases from multiple firms, updated assumptions around growth and profitability, and expectations for a higher future P/E multiple. Analyst Commentary Recent research updates on ATS show a mix of cautious optimism and valuation discipline, with several firms revisiting their models and price targets in light of updated growth and profitability assumptions.
AFN
CA$29.97
Ag Growth International
7D
1.4%
1Y
-21.1%

AFN: Brazil Controls Review And Ag Cycle Recovery Will Restore Confidence

Analysts have adjusted their price targets on Ag Growth International in a mixed but generally supportive way, with several increases to around C$30 to C$41 and one reduction to C$40. These changes reflect updated views on revenue growth potential, profit expectations and valuation after recent financial reporting reviews.
VLN
CA$14.82
Velan
7D
0.5%
1Y
-4.9%
ENW
CA$0.34
EnWave
7D
-5.6%
1Y
31.4%
WPRT
CA$2.88
Westport Fuel Systems
7D
-3.7%
1Y
-54.3%
SHRC
CA$0.075
Sharc International Systems
7D
-6.3%
1Y
-50.0%
REKO
CA$4.24
Reko International Group
7D
-5.4%
1Y
10.7%

Reko International Group Inc.'s (CVE:REKO) 25% Price Boost Is Out Of Tune With Revenues

Jan 15
Reko International Group Inc.'s (CVE:REKO) 25% Price Boost Is Out Of Tune With Revenues
CAG
CA$0.025
Composite Alliance Group
7D
66.7%
1Y
66.7%
WWT
CA$0.045
Water Ways Technologies
7D
12.5%
1Y
-10.0%
CSX.H
CA$0.09
Clean Seed Capital Group
7D
-14.3%
1Y
n/a
DST
CA$0.18
Dundee Sustainable Technologies
7D
-21.7%
1Y
80.0%
CNO
CA$0.36
California Nanotechnologies
7D
-2.7%
1Y
-57.1%