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Canadian (TSX) Machinery Industry Analysis

UpdatedJul 09, 2026
DataAggregated Company Financials
Companies16
  • 7D-2.8%
  • 3M2.0%
  • 1Y8.4%
  • YTD15.0%

Over the last 7 days, the Machinery industry has dropped 2.8%, driven by a pullback from ATS of 5.8%. This takes the industry's 12 month performance to a gain of 8.4%. Earnings are forecast to grow by 50% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 Jul 2026CA$9.7bCA$11.0b-CA$109,529,066.0224.7x-88.3x0.9x
Sat, 06 Jun 2026CA$9.6bCA$10.9b-CA$106,811,727.1223.9x-89.9x0.9x
Mon, 04 May 2026CA$9.9bCA$10.6b-CA$177,854,849.3230.9x-55.8x0.9x
Wed, 01 Apr 2026CA$8.7bCA$11.1b-CA$179,421,036.5937.6x-48.3x0.8x
Fri, 27 Feb 2026CA$9.3bCA$10.7b-CA$367,989,272.2255.6x-25.4x0.9x
Sun, 25 Jan 2026CA$8.9bCA$10.6b-CA$390,801,485.9528.4x-22.8x0.8x
Tue, 23 Dec 2025CA$8.2bCA$10.6b-CA$460,076,845.1820.8x-17.8x0.8x
Thu, 20 Nov 2025CA$7.7bCA$10.9b-CA$460,807,699.2824.2x-16.8x0.7x
Sat, 18 Oct 2025CA$8.4bCA$10.5b-CA$324,200,670.3628.2x-25.8x0.8x
Mon, 15 Sep 2025CA$8.9bCA$10.4b-CA$320,462,043.6827x-27.7x0.8x
Wed, 13 Aug 2025CA$9.2bCA$10.4b-CA$303,187,728.5241.3x-30.4x0.9x
Fri, 11 Jul 2025CA$9.1bCA$10.3b-CA$164,876,742.2241.9x-55.4x0.9x
Sun, 08 Jun 2025CA$8.7bCA$10.3b-CA$165,302,080.1834.8x-52.8x0.8x
Tue, 06 May 2025CA$7.7bCA$10.6b-CA$43,510,810.4526.5x-176.4x0.7x
Thu, 03 Apr 2025CA$7.5bCA$10.8b-CA$48,082,819.2824.5x-156.7x0.7x
Sat, 01 Mar 2025CA$8.5bCA$11.1b-CA$44,181,951.0928.7x-193x0.8x
Mon, 27 Jan 2025CA$8.8bCA$11.4b-CA$187,938,034.4731.5x-46.8x0.8x
Wed, 25 Dec 2024CA$9.3bCA$11.4b-CA$156,064,311.6132.9x-59.4x0.8x
Fri, 22 Nov 2024CA$9.3bCA$11.2b-CA$147,203,422.7734.2x-63.1x0.8x
Sun, 20 Oct 2024CA$10.0bCA$11.4b-CA$115,148,209.9829.5x-86.7x0.9x
Tue, 17 Sep 2024CA$9.1bCA$11.3b-CA$110,377,889.0926.2x-82.9x0.8x
Thu, 15 Aug 2024CA$9.1bCA$11.3b-CA$128,711,017.3225.8x-70.8x0.8x
Sat, 13 Jul 2024CA$9.7bCA$11.2b-CA$160,314,346.8024.8x-60.3x0.9x
Mon, 10 Jun 2024CA$9.8bCA$11.2b-CA$171,358,287.8220.7x-57x0.9x
Wed, 08 May 2024CA$9.3bCA$11.1b-CA$235,002,142.3725.6x-39.6x0.8x
Fri, 05 Apr 2024CA$9.6bCA$10.8b-CA$268,913,452.5924x-35.7x0.9x
Sun, 03 Mar 2024CA$10.1bCA$10.8b-CA$337,221,250.5423x-30x0.9x
Tue, 30 Jan 2024CA$11.4bCA$10.9b-CA$562,811,920.0022.7x-20.3x1x
Thu, 28 Dec 2023CA$11.2bCA$10.8b-CA$541,459,301.0028.6x-20.8x1x
Sat, 25 Nov 2023CA$10.8bCA$11.0b-CA$567,132,755.0022.2x-19x1x
Mon, 23 Oct 2023CA$10.1bCA$10.5b-CA$614,608,414.0019.6x-16.4x1x
Wed, 20 Sep 2023CA$11.2bCA$10.4b-CA$600,298,721.0021.3x-18.7x1.1x
Fri, 18 Aug 2023CA$10.7bCA$10.4b-CA$598,238,523.0018.9x-17.9x1x
Sun, 16 Jul 2023CA$11.5bCA$9.8b-CA$592,861,990.0025.1x-19.4x1.2x
Price to Earnings Ratio

-19.4x


Total Market Cap: CA$11.5bTotal Earnings: -CA$592,861,990.00Total Revenue: CA$9.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Machinery Industry Price to Earnings3Y Average -56.1x202420252026
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 0.87x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have improved over the last three years.
  • Revenues for these companies have grown 4.1% 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 Market0.18%
Industrials2.53%
Machinery-2.83%
Industrial Machinery-2.17%
Construction Machinery and Vehicles-4.09%
Agricultural Machinery-4.39%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 130x.
    • Analysts are expecting annual earnings growth of 33.7%, which is lower than the prior year's growth of 60.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 99% over the next 5 years.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 34% 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$30.914.3%
+CA$91.5m		56.9%PE28.2x
CNO California NanotechnologiesCA$0.336.6%
+CA$1.1m		-40.9%PS4.4x
ENW EnWaveCA$0.252.0%
+CA$593.6k		-43.8%PS2.5x
REKO Reko International GroupCA$4.501.1%
+CA$274.2k		n/aPE8.5x

Latest News

ENW
CA$0.25
EnWave
7D
2.0%
1Y
-43.8%
AFN
CA$19.32
Ag Growth International
7D
-4.4%
1Y
-55.4%
Narrative Update • Jul 07

AFN: Strategic Review And Board Changes Will Unlock Future Upside Potential

Ag Growth International's analyst price target has moved from CA$50.96 to CA$30.00. Analysts point to updated expectations for fair value, discount rate, revenue growth, profit margins and future P/E assumptions as key drivers of the revision.
NFI
CA$22.88
NFI Group
7D
-3.9%
1Y
24.6%
Narrative Update • Jul 07

NFI: Turnaround Momentum Will Support Improving Margins And Earnings Quality

Analysts have lifted their CA$-denominated price target for NFI Group by roughly CA$2.45 to CA$29, reflecting updated views that factor in a higher fair value estimate, a lower discount rate, and revised assumptions for growth, margins, and future P/E levels following a series of recent target hikes across the Street. Analyst Commentary Recent research on NFI Group points to a clear shift in tone, with multiple bullish analysts revisiting their models and adjusting price targets as they reassess the company’s fair value and execution track record.
KLS
CA$0.14
Kelso Technologies
7D
-15.2%
1Y
-15.2%
CNO
CA$0.33
California Nanotechnologies
7D
6.6%
1Y
-40.9%
SIS
CA$30.91
Savaria
7D
4.3%
1Y
56.9%
FHYD
CA$0.39
First Hydrogen
7D
-14.4%
1Y
-45.0%
WPRT
CA$2.88
Westport Fuel Systems
7D
-9.1%
1Y
-35.9%
OML
CA$2.18
Omni-Lite Industries Canada
7D
-2.7%
1Y
61.5%
ATS
CA$38.52
ATS
7D
-5.8%
1Y
-3.5%
Narrative Update • Jun 24

ATS: High Barriers And New CEO Focus Will Shape Future P/E

The analyst price target for ATS has been adjusted slightly higher to CA$52, with analysts citing the company’s high barriers to entry and broad exposure to automated manufacturing demand as key reasons for this change. Analyst Commentary Recent research on ATS highlights a mix of optimism around the company’s positioning in automated manufacturing and some caution around the practical realities of converting that positioning into consistent results.
VLN
CA$16.20
Velan
7D
-1.8%
1Y
15.7%
REKO
CA$4.50
Reko International Group
7D
1.1%
1Y
n/a