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Canadian (TSX) Industrial Machinery Industry Analysis

UpdatedFeb 25, 2026
DataAggregated Company Financials
Companies11
  • 7D2.7%
  • 3M19.5%
  • 1Y13.4%
  • YTDn/a

The Industrial Machinery industry is up 3.2% in the last week, with ATS up 3.7%. Meanwhile, Sharc International Systems actually underperformed within the industry, shrinking 15% in the last week. This means that the industry has gained 13% over the past year. As for the next few years, earnings are expected to grow by 51% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Feb 2026CA$6.7bCA$4.2bCA$72.0m58.9x92.4x1.6x
Fri, 23 Jan 2026CA$6.2bCA$4.1bCA$49.6m28.9x125.3x1.5x
Sun, 21 Dec 2025CA$5.9bCA$4.1b-CA$20,473,291.8720.1x-286.9x1.4x
Tue, 18 Nov 2025CA$5.7bCA$4.1b-CA$22,160,989.0523.2x-256.9x1.4x
Thu, 16 Oct 2025CA$5.7bCA$4.0b-CA$69,479,893.19178.2x-81.4x1.4x
Sat, 13 Sep 2025CA$5.7bCA$4.0b-CA$68,641,542.8797.8x-83.3x1.4x
Mon, 11 Aug 2025CA$5.8bCA$4.0b-CA$65,252,025.5954.8x-88.2x1.4x
Wed, 09 Jul 2025CA$5.8bCA$3.9b-CA$91,270,272.0542.3x-63.7x1.5x
Fri, 06 Jun 2025CA$5.8bCA$3.9b-CA$91,723,160.0842.7x-63.5x1.5x
Sun, 04 May 2025CA$5.3bCA$4.3bCA$32.9m29.7x159.9x1.2x
Tue, 01 Apr 2025CA$5.3bCA$4.3bCA$30.3m29.2x175.7x1.2x
Thu, 27 Feb 2025CA$5.9bCA$4.3bCA$27.7m35.2x213.4x1.4x
Sat, 25 Jan 2025CA$6.0bCA$4.4bCA$70.9m30.9x85.1x1.4x
Mon, 23 Dec 2024CA$6.1bCA$4.4bCA$129.5m31.3x46.8x1.4x
Wed, 20 Nov 2024CA$6.0bCA$4.3bCA$128.9m33.8x46.9x1.4x
Fri, 18 Oct 2024CA$6.3bCA$4.5bCA$184.8m37x34.1x1.4x
Sun, 15 Sep 2024CA$5.3bCA$4.4bCA$183.8m24.6x28.7x1.2x
Tue, 13 Aug 2024CA$5.4bCA$4.4bCA$183.7m21.4x29.3x1.2x
Thu, 11 Jul 2024CA$5.9bCA$4.4bCA$177.7m24x33.4x1.3x
Sat, 08 Jun 2024CA$6.0bCA$4.4bCA$177.1m22.9x34.1x1.4x
Mon, 06 May 2024CA$5.9bCA$4.4bCA$93.9m29.8x62.9x1.3x
Wed, 03 Apr 2024CA$6.1bCA$4.4bCA$92.8m24.9x65.6x1.4x
Fri, 01 Mar 2024CA$6.8bCA$4.4bCA$79.2m26.3x85.3x1.5x
Sun, 28 Jan 2024CA$7.9bCA$4.7b-CA$4,563,469.0026.4x-1730.9x1.7x
Tue, 26 Dec 2023CA$7.6bCA$4.7bCA$8.2m27.8x928.1x1.6x
Thu, 23 Nov 2023CA$7.2bCA$4.7bCA$1.7m22.7x4194.1x1.5x
Sat, 21 Oct 2023CA$6.6bCA$4.6b-CA$22,686,560.0024.3x-291x1.4x
Mon, 18 Sep 2023CA$7.8bCA$4.6b-CA$20,186,572.0025.2x-384.1x1.7x
Wed, 16 Aug 2023CA$7.6bCA$4.6b-CA$19,268,647.0028.9x-393x1.7x
Fri, 14 Jul 2023CA$8.4bCA$4.4b-CA$29,315,082.0031.1x-287.2x1.9x
Sun, 11 Jun 2023CA$7.9bCA$4.4b-CA$29,408,064.0029.9x-267.6x1.8x
Tue, 09 May 2023CA$7.4bCA$4.2bCA$10.3m30.7x722x1.7x
Thu, 06 Apr 2023CA$7.0bCA$4.2b-CA$30,018,311.0028x-233.7x1.7x
Sat, 04 Mar 2023CA$7.2bCA$4.2b-CA$40,873,567.0036.9x-177.4x1.7x
Price to Earnings Ratio

-177.4x


Total Market Cap: CA$7.2bTotal Earnings: -CA$40,873,567.00Total Revenue: CA$4.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Industrial Machinery Industry Price to Earnings3Y Average 106.2x202420252026
Current Industry PE
  • Investors are pessimistic on the Canadian Industrial Machinery industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 93.5x which is lower than its 3-year average PE of 106x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • Total earnings for the Industrial Machinery industry have gone up over the last three years, and the industry is now profitable.
  • Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Comparison

How does Canadian Industrial Machinery compare with similar industries?

CA Market2.97%
Industrials2.31%
Machinery2.07%
Industrial Machinery2.71%
Agricultural Machinery2.50%
Construction Machinery and Vehicles0.11%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ATS ATSCA$44.493.3%
+CA$138.3m		5.9%PE231x
SIS SavariaCA$25.661.9%
+CA$34.4m		41.9%PE29.4x
VLN VelanCA$15.992.0%
+CA$6.9m		0.2%PE81.1x
NXH Next Hydrogen SolutionsCA$0.6011.1%
+CA$4.2m		-23.1%PS13.8x
CNO California NanotechnologiesCA$0.3416.9%
+CA$2.4m		-52.7%PS4x

Latest News

CNO
CA$0.34
California Nanotechnologies
7D
16.9%
1Y
-52.7%
SIS
CA$25.66
Savaria
7D
1.9%
1Y
41.9%
FHYD
CA$0.38
First Hydrogen
7D
-1.3%
1Y
5.6%
ENW
CA$0.33
EnWave
7D
1.5%
1Y
32.0%
SHRC
CA$0.11
Sharc International Systems
7D
-4.3%
1Y
0%
ATS
CA$44.49
ATS
7D
3.3%
1Y
5.9%

ATS: Future P/E Rerating Will Reflect Execution On Order Backlog

The analyst price target for ATS has shifted slightly, with our fair value estimate moving by about $0.21 to reflect updated views on the discount rate, revenue growth, profit margins, and a modestly higher future P/E multiple, in line with recent mixed price target revisions from banks such as Scotiabank, TD Securities, and JPMorgan. Analyst Commentary Recent price target changes around ATS send a mixed but useful signal if you are trying to frame risk and reward.
NXH
CA$0.60
Next Hydrogen Solutions
7D
11.1%
1Y
-23.1%
TMG
CA$0.17
Thermal Energy International
7D
-2.8%
1Y
16.7%
VLN
CA$15.99
Velan
7D
2.0%
1Y
0.2%
DST
CA$0.15
Dundee Sustainable Technologies
7D
-3.1%
1Y
40.9%
OML
CA$1.43
Omni-Lite Industries Canada
7D
-14.9%
1Y
19.2%
TMS.H
CA$0.01
Targeted Microwave Solutions
7D
-33.3%
1Y
n/a