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Canadian (TSX) Machinery Industry Analysis

UpdatedAug 18, 2026
DataAggregated Company Financials
Companies17
  • 7D-1.7%
  • 3M-10.0%
  • 1Y-1.4%
  • YTD3.6%

Over the last 7 days, the Machinery industry has dropped 3.1%, driven by NFI Group declining 2.8%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 45% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Aug 2026CA$9.4bCA$11.0b-CA$3,962,808.1331x-2377.9x0.9x
Thu, 16 Jul 2026CA$9.9bCA$10.9b-CA$146,081,830.1328.8x-68.1x0.9x
Sat, 13 Jun 2026CA$9.4bCA$10.9b-CA$107,358,472.2223.5x-87.5x0.9x
Mon, 11 May 2026CA$10.3bCA$10.6b-CA$183,477,292.9154.2x-56.4x1x
Wed, 08 Apr 2026CA$9.0bCA$11.1b-CA$177,282,778.5438.9x-50.9x0.8x
Fri, 06 Mar 2026CA$9.1bCA$10.7b-CA$367,348,145.5755.6x-24.8x0.9x
Sun, 01 Feb 2026CA$8.5bCA$10.6b-CA$389,295,874.7645.6x-21.9x0.8x
Tue, 30 Dec 2025CA$8.3bCA$10.6b-CA$457,983,400.9420.8x-18.1x0.8x
Thu, 27 Nov 2025CA$7.9bCA$10.9b-CA$460,191,765.8324.2x-17.1x0.7x
Sat, 25 Oct 2025CA$8.4bCA$10.5b-CA$323,849,716.0629.1x-25.9x0.8x
Mon, 22 Sep 2025CA$8.9bCA$10.4b-CA$319,066,189.6327.4x-28x0.9x
Wed, 20 Aug 2025CA$9.1bCA$10.4b-CA$319,216,795.7227.6x-28.4x0.9x
Fri, 18 Jul 2025CA$9.2bCA$10.4b-CA$138,298,439.2143.7x-66.9x0.9x
Sun, 15 Jun 2025CA$8.8bCA$10.3b-CA$164,049,000.2935.2x-53.3x0.9x
Tue, 13 May 2025CA$8.2bCA$10.8b-CA$41,724,435.8328.6x-195.5x0.8x
Thu, 10 Apr 2025CA$6.6bCA$10.7b-CA$45,878,145.8424.3x-143.9x0.6x
Sat, 08 Mar 2025CA$7.9bCA$11.0b-CA$84,432,274.6832.2x-93.1x0.7x
Mon, 03 Feb 2025CA$8.4bCA$11.4b-CA$195,642,983.4129.6x-42.8x0.7x
Wed, 01 Jan 2025CA$9.1bCA$11.4b-CA$155,246,457.0632.6x-58.9x0.8x
Fri, 29 Nov 2024CA$9.3bCA$11.3b-CA$148,285,183.9933.3x-63x0.8x
Sun, 27 Oct 2024CA$9.7bCA$11.4b-CA$117,379,785.2229.9x-82.7x0.8x
Tue, 24 Sep 2024CA$9.6bCA$11.3b-CA$110,500,818.2833.3x-87.1x0.9x
Thu, 22 Aug 2024CA$9.3bCA$11.3b-CA$112,922,485.7323.5x-82.2x0.8x
Sat, 20 Jul 2024CA$9.7bCA$11.2b-CA$167,490,180.6423.7x-58.1x0.9x
Mon, 17 Jun 2024CA$9.5bCA$11.2b-CA$170,633,665.3220.4x-55.8x0.8x
Wed, 15 May 2024CA$9.6bCA$11.1b-CA$239,787,233.8725.6x-40x0.9x
Fri, 12 Apr 2024CA$9.1bCA$10.8b-CA$273,998,340.3423.2x-33.4x0.8x
Sun, 10 Mar 2024CA$9.8bCA$10.8b-CA$256,240,305.0322.4x-38.4x0.9x
Tue, 06 Feb 2024CA$10.8bCA$10.5b-CA$501,210,276.7423.3x-21.5x1x
Thu, 04 Jan 2024CA$11.0bCA$10.9b-CA$548,643,281.0026.7x-20x1x
Sat, 02 Dec 2023CA$10.7bCA$10.9b-CA$559,800,769.0022.8x-19.1x1x
Mon, 30 Oct 2023CA$9.9bCA$10.6b-CA$621,566,330.0019.6x-15.9x0.9x
Wed, 27 Sep 2023CA$11.1bCA$10.4b-CA$603,894,267.0020.9x-18.4x1.1x
Fri, 25 Aug 2023CA$10.8bCA$10.5b-CA$601,736,330.0018.3x-18x1x
Price to Earnings Ratio

-18x


Total Market Cap: CA$10.8bTotal Earnings: -CA$601,736,330.00Total Revenue: CA$10.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Machinery Industry Price to Earnings3Y Average -55.1x202420252026
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.
  • Meanwhile revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since losses are shrinking while sales have been flat.

Industry Trends

Which industries have driven the changes within the Canadian Industrials industry?

CA Market0.67%
Industrials0.88%
Machinery-1.73%
Industrial Machinery-1.10%
Agricultural Machinery-2.86%
Construction Machinery and Vehicles-2.91%
Industry PE
  • Investors are most optimistic about the Construction Machinery and Vehicles industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 50.8% and investors are willing to pay a premium for that growth.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 117% over the next 5 years.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 38% 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
VLN VelanCA$18.873.2%
+CA$12.7m		30.3%PS1x
ACT Aduro Clean TechnologiesCA$21.911.2%
+CA$9.2m		45.8%PS3210.6x
TMG Thermal Energy InternationalCA$0.163.2%
+CA$854.9k		10.3%PE21.9x
SHRC Sharc International SystemsCA$0.134.2%
+CA$822.8k		47.1%PS8.2x
AFI Affinor GrowersCA$0.0542.9%
+CA$709.7k		25.0%PE-1.7x

Latest News

WPRT
CA$2.42
Westport Fuel Systems
7D
-8.3%
1Y
-39.7%
SIS
CA$28.90
Savaria
7D
-2.5%
1Y
37.4%
AFI
CA$0.05
Affinor Growers
7D
42.9%
1Y
25.0%
ATS
CA$27.21
ATS
7D
-1.1%
1Y
-28.2%
New Narrative • Aug 08

Radiopharma And Nuclear Exposure Will Support Stronger Margins And Multi‑Year Earnings Visibility

Catalysts About ATS ATS designs and delivers complex automation, manufacturing and service solutions for regulated industries including life sciences, food and beverage, energy and industrial markets. What are the underlying business or industry changes driving this perspective?
NFI
CA$24.09
NFI Group
7D
-2.8%
1Y
26.0%
SHRC
CA$0.13
Sharc International Systems
7D
4.2%
1Y
47.1%
AFN
CA$13.86
Ag Growth International
7D
-2.9%
1Y
-66.6%
Narrative Update • Aug 04

AFN: Governance Reset And Margin Rebuild Will Support Renewed Confidence

AG Growth International’s analyst price target has shifted lower from CA$26.14 to CA$21.57 as analysts factor in reduced targets from several firms and reflect updated views on profit margins and valuation multiples. Analyst Commentary Recent research on AG Growth International shows a mixed but focused set of views on valuation, execution risk, and growth potential.
ACT
CA$21.91
Aduro Clean Technologies
7D
1.2%
1Y
45.8%
New Narrative • Aug 04

Revolutionary Green Tech That Will Leave You Behind

Aduro Clean Technologies delivers a patented Hydrochemolytic™ Technology (HCT) that transforms lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into clean fuel, essentially creating a closed loop system that has never been possible before. They are growing steadily financially and establishing meaningful partnerships recently such as with AstroTurf, a leader in artificial turf, and ECOCE, a non-profit environmental civil association based in Mexico, providing publicly visible opportunities to test and enhance their tech.
REKO
CA$4.43
Reko International Group
7D
-15.6%
1Y
-1.6%
VLN
CA$18.87
Velan
7D
3.2%
1Y
30.3%
FHYD
CA$0.37
First Hydrogen
7D
-5.1%
1Y
-40.3%
OML
CA$2.26
Omni-Lite Industries Canada
7D
0.4%
1Y
50.7%
NXH
CA$0.44
Next Hydrogen Solutions
7D
-6.4%
1Y
-10.2%
TMG
CA$0.16
Thermal Energy International
7D
3.2%
1Y
10.3%