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Canadian (TSX) Machinery Industry Analysis
UpdatedMar 14, 2026
DataAggregated Company Financials
Companies16
- 7D-4.0%
- 3M8.3%
- 1Y8.6%
- YTD1.6%
Over the last 7 days, the Machinery industry has dropped 4.0%, driven by ATS declining 8.0%. This takes the industry's 12 month performance to a gain of 8.6%. Looking forward, earnings are forecast to grow by 57% annually.
Industry Valuation and Performance
Has the Canadian Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 14 Mar 2026 | CA$8.6b | CA$11.0b | -CA$160,506,805.97 | 50.6x | -53.8x | 0.8x |
| Mon, 09 Feb 2026 | CA$9.0b | CA$10.7b | -CA$367,001,808.88 | 60.6x | -24.5x | 0.8x |
| Wed, 07 Jan 2026 | CA$8.5b | CA$10.6b | -CA$462,180,333.95 | 20.8x | -18.4x | 0.8x |
| Fri, 05 Dec 2025 | CA$8.0b | CA$10.8b | -CA$455,334,068.70 | 20.4x | -17.6x | 0.7x |
| Sun, 02 Nov 2025 | CA$8.5b | CA$10.5b | -CA$324,635,092.73 | 26.5x | -26.3x | 0.8x |
| Tue, 30 Sep 2025 | CA$8.4b | CA$10.5b | -CA$322,343,865.69 | 26.6x | -26x | 0.8x |
| Thu, 28 Aug 2025 | CA$9.0b | CA$10.4b | -CA$318,272,246.14 | 27.5x | -28.2x | 0.9x |
| Sat, 26 Jul 2025 | CA$9.6b | CA$10.3b | -CA$137,778,521.45 | 42.4x | -69.6x | 0.9x |
| Mon, 23 Jun 2025 | CA$9.0b | CA$10.3b | -CA$165,803,086.96 | 34.4x | -54.2x | 0.9x |
| Wed, 21 May 2025 | CA$8.6b | CA$10.7b | -CA$25,387,078.49 | 28.4x | -337.5x | 0.8x |
| Fri, 18 Apr 2025 | CA$7.1b | CA$10.6b | -CA$42,994,943.01 | 24.3x | -165.8x | 0.7x |
| Sun, 16 Mar 2025 | CA$8.2b | CA$11.1b | -CA$54,131,247.54 | 30.2x | -151.3x | 0.7x |
| Tue, 11 Feb 2025 | CA$8.3b | CA$11.2b | -CA$230,774,219.10 | 30.6x | -35.8x | 0.7x |
| Thu, 09 Jan 2025 | CA$9.1b | CA$11.4b | -CA$155,464,319.55 | 33.6x | -58.8x | 0.8x |
| Sat, 07 Dec 2024 | CA$9.6b | CA$11.3b | -CA$151,619,970.43 | 33.2x | -63.6x | 0.9x |
| Mon, 04 Nov 2024 | CA$9.6b | CA$11.5b | -CA$118,737,950.04 | 30.7x | -81.2x | 0.8x |
| Wed, 02 Oct 2024 | CA$9.6b | CA$11.3b | -CA$108,693,053.98 | 33.9x | -88.2x | 0.9x |
| Fri, 30 Aug 2024 | CA$9.2b | CA$11.2b | -CA$108,033,615.70 | 23.5x | -85.2x | 0.8x |
| Sun, 28 Jul 2024 | CA$9.6b | CA$11.2b | -CA$168,677,528.82 | 23.8x | -56.9x | 0.9x |
| Tue, 25 Jun 2024 | CA$9.2b | CA$11.2b | -CA$167,567,288.90 | 20.1x | -55x | 0.8x |
| Thu, 23 May 2024 | CA$9.5b | CA$11.2b | -CA$167,727,969.37 | 22.5x | -56.9x | 0.9x |
| Sat, 20 Apr 2024 | CA$9.0b | CA$10.9b | -CA$275,265,490.40 | 24x | -32.7x | 0.8x |
| Mon, 18 Mar 2024 | CA$9.8b | CA$10.8b | -CA$258,199,217.87 | 22x | -38x | 0.9x |
| Wed, 14 Feb 2024 | CA$10.3b | CA$10.6b | -CA$486,611,225.09 | 22.9x | -21.1x | 1x |
| Fri, 12 Jan 2024 | CA$11.2b | CA$10.9b | -CA$550,557,273.00 | 27x | -20.3x | 1x |
| Sun, 10 Dec 2023 | CA$10.8b | CA$11.0b | -CA$564,038,570.00 | 25.9x | -19.2x | 1x |
| Tue, 07 Nov 2023 | CA$10.2b | CA$10.5b | -CA$611,760,772.00 | 20.7x | -16.6x | 1x |
| Thu, 05 Oct 2023 | CA$10.8b | CA$10.5b | -CA$615,735,451.00 | 20.1x | -17.5x | 1x |
| Sat, 02 Sep 2023 | CA$11.9b | CA$10.5b | -CA$603,161,197.00 | 18.1x | -19.7x | 1.1x |
| Mon, 31 Jul 2023 | CA$11.5b | CA$9.8b | -CA$593,326,262.00 | 24.6x | -19.3x | 1.2x |
| Wed, 28 Jun 2023 | CA$11.0b | CA$9.7b | -CA$593,836,700.00 | 25.1x | -18.4x | 1.1x |
| Fri, 26 May 2023 | CA$10.3b | CA$9.9b | -CA$609,930,561.00 | 28.2x | -16.9x | 1x |
| Sun, 23 Apr 2023 | CA$10.0b | CA$9.5b | -CA$546,641,269.00 | 28.2x | -18.2x | 1.1x |
| Tue, 21 Mar 2023 | CA$10.1b | CA$9.5b | -CA$555,453,884.00 | 22.9x | -18.1x | 1.1x |
Price to Earnings Ratio
-18.1x
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 0.90x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have improved over the last three years.
- Revenues for these companies have grown 5.1% 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 | -1.77% | |
| Industrials | -3.38% | |
| Machinery | -3.97% | |
| Construction Machinery and Vehicles | 2.86% | |
| Industrial Machinery | -5.92% | |
| Agricultural Machinery | -6.32% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 110x.
- Analysts are expecting annual earnings growth of 47.6%, 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 82% over the next 5 years.
- In contrast, the Industrial Machinery industry is expected to see its earnings grow by 48% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NFI NFI Group | CA$16.94 | 2.9% +CA$56.0m | 26.2% | PS0.4x | |
| VLN Velan | CA$16.00 | 1.6% +CA$5.4m | 12.3% | PE81x | |
| WPRT Westport Fuel Systems | CA$2.87 | 4.4% +CA$2.1m | -43.2% | PS0.1x | |
| SHRC Sharc International Systems | CA$0.12 | 4.5% +CA$822.8k | 27.8% | PS7.5x |