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Canadian (TSX) Machinery Industry Analysis

UpdatedJun 21, 2026
DataAggregated Company Financials
Companies16
  • 7D1.5%
  • 3M4.5%
  • 1Y9.2%
  • YTD14.2%

Over the last 7 days, the Machinery industry has risen 1.4%, driven by gains from ATS of 2.6%. This takes the industry's 12 month performance to a gain of 9.3%. Looking forward, earnings are forecast to grow by 51% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Jun 2026CA$9.6bCA$11.0b-CA$110,082,333.7723.8x-87.4x0.9x
Tue, 19 May 2026CA$9.9bCA$10.7b-CA$158,163,848.4824.1x-62.3x0.9x
Thu, 16 Apr 2026CA$9.7bCA$11.0b-CA$174,560,147.0142x-55.6x0.9x
Sat, 14 Mar 2026CA$8.6bCA$11.0b-CA$160,506,805.9750.6x-53.8x0.8x
Mon, 09 Feb 2026CA$9.0bCA$10.7b-CA$367,001,808.8860.6x-24.5x0.8x
Wed, 07 Jan 2026CA$8.5bCA$10.6b-CA$462,180,333.9520.8x-18.4x0.8x
Fri, 05 Dec 2025CA$8.0bCA$10.8b-CA$455,334,068.7020.4x-17.6x0.7x
Sun, 02 Nov 2025CA$8.5bCA$10.5b-CA$324,635,092.7326.5x-26.3x0.8x
Tue, 30 Sep 2025CA$8.4bCA$10.5b-CA$322,343,865.6926.6x-26x0.8x
Thu, 28 Aug 2025CA$9.0bCA$10.4b-CA$318,272,246.1427.5x-28.2x0.9x
Sat, 26 Jul 2025CA$9.6bCA$10.3b-CA$137,778,521.4542.4x-69.6x0.9x
Mon, 23 Jun 2025CA$9.0bCA$10.3b-CA$165,803,086.9634.4x-54.2x0.9x
Wed, 21 May 2025CA$8.6bCA$10.7b-CA$25,387,078.4928.4x-337.5x0.8x
Fri, 18 Apr 2025CA$7.1bCA$10.6b-CA$42,994,943.0124.3x-165.8x0.7x
Sun, 16 Mar 2025CA$8.2bCA$11.1b-CA$54,131,247.5430.2x-151.3x0.7x
Tue, 11 Feb 2025CA$8.3bCA$11.2b-CA$230,774,219.1030.6x-35.8x0.7x
Thu, 09 Jan 2025CA$9.1bCA$11.4b-CA$155,464,319.5533.6x-58.8x0.8x
Sat, 07 Dec 2024CA$9.6bCA$11.3b-CA$151,619,970.4333.2x-63.6x0.9x
Mon, 04 Nov 2024CA$9.6bCA$11.5b-CA$118,737,950.0430.7x-81.2x0.8x
Wed, 02 Oct 2024CA$9.6bCA$11.3b-CA$108,693,053.9833.9x-88.2x0.9x
Fri, 30 Aug 2024CA$9.2bCA$11.2b-CA$108,033,615.7023.5x-85.2x0.8x
Sun, 28 Jul 2024CA$9.6bCA$11.2b-CA$168,677,528.8223.8x-56.9x0.9x
Tue, 25 Jun 2024CA$9.2bCA$11.2b-CA$167,567,288.9020.1x-55x0.8x
Thu, 23 May 2024CA$9.5bCA$11.2b-CA$167,727,969.3722.5x-56.9x0.9x
Sat, 20 Apr 2024CA$9.0bCA$10.9b-CA$275,265,490.4024x-32.7x0.8x
Mon, 18 Mar 2024CA$9.8bCA$10.8b-CA$258,199,217.8722x-38x0.9x
Wed, 14 Feb 2024CA$10.3bCA$10.6b-CA$486,611,225.0922.9x-21.1x1x
Fri, 12 Jan 2024CA$11.2bCA$10.9b-CA$550,557,273.0027x-20.3x1x
Sun, 10 Dec 2023CA$10.8bCA$11.0b-CA$564,038,570.0025.9x-19.2x1x
Tue, 07 Nov 2023CA$10.2bCA$10.5b-CA$611,760,772.0020.7x-16.6x1x
Thu, 05 Oct 2023CA$10.8bCA$10.5b-CA$615,735,451.0020.1x-17.5x1x
Sat, 02 Sep 2023CA$11.9bCA$10.5b-CA$603,161,197.0018.1x-19.7x1.1x
Mon, 31 Jul 2023CA$11.5bCA$9.8b-CA$593,326,262.0024.6x-19.3x1.2x
Wed, 28 Jun 2023CA$11.0bCA$9.7b-CA$593,836,700.0025.1x-18.4x1.1x
Price to Earnings Ratio

-18.4x


Total Market Cap: CA$11.0bTotal Earnings: -CA$593,836,700.00Total Revenue: CA$9.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Machinery Industry Price to Earnings3Y Average -55x202420252026
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 0.88x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have improved over the last three years.
  • Revenues for these companies have grown 4.2% 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-0.36%
Industrials-1.04%
Machinery1.46%
Industrial Machinery1.78%
Agricultural Machinery0.92%
Construction Machinery and Vehicles0.79%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 124x.
    • Analysts are expecting annual earnings growth of 34.2%, 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
ATS ATSCA$39.262.6%
+CA$96.2m		-6.8%PE53.8x
VLN VelanCA$16.919.0%
+CA$30.2m		20.6%PE16.8x
WPRT Westport Fuel SystemsCA$3.2424.6%
+CA$11.1m		-19.4%PS2.2x
NFI NFI GroupCA$22.690.4%
+CA$9.5m		37.2%PS0.5x
CNO California NanotechnologiesCA$0.2931.1%
+CA$3.7m		-43.3%PS3.7x

Latest News

CNO
CA$0.29
California Nanotechnologies
7D
31.1%
1Y
-43.3%
VLN
CA$16.91
Velan
7D
9.0%
1Y
20.6%
SIS
CA$28.89
Savaria
7D
-0.5%
1Y
52.7%
NXH
CA$0.48
Next Hydrogen Solutions
7D
-12.7%
1Y
-12.7%
ATS
CA$39.26
ATS
7D
2.6%
1Y
-6.8%
NFI
CA$22.69
NFI Group
7D
0.4%
1Y
37.2%
Narrative Update • Jun 05

NFI: Operational Turnaround And Bus Orders Will Support Future Margin Expansion

Narrative Update The analyst price target for NFI Group has been revised from CA$21.94 to CA$27.00. Analysts highlight an operational turnaround, improving profitability and a series of recent target increases across several firms as the key drivers behind this change.
AFN
CA$20.88
Ag Growth International
7D
0.9%
1Y
-49.5%
REKO
CA$4.45
Reko International Group
7D
-5.5%
1Y
20.3%
SHRC
CA$0.16
Sharc International Systems
7D
-3.0%
1Y
68.4%
ENW
CA$0.23
EnWave
7D
-4.2%
1Y
-43.2%
FHYD
CA$0.39
First Hydrogen
7D
-7.1%
1Y
-53.6%
KLS
CA$0.15
Kelso Technologies
7D
15.4%
1Y
-3.2%
WPRT
CA$3.24
Westport Fuel Systems
7D
24.6%
1Y
-19.4%
TMG
CA$0.15
Thermal Energy International
7D
3.3%
1Y
19.2%