These 4 Measures Indicate That ATS (TSE:ATS) Is Using Debt Reasonably Well
Jun 05
Canadian (TSX) Machinery Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies27
- 7D-2.6%
- 3M-2.7%
- 1Y-12.2%
- YTD-9.6%
Over the last 7 days, the Machinery industry has dropped 1.9%, driven by ATS declining 1.8%. The industry has fallen 10% in the last year. Looking forward, earnings are forecast to grow by 45% 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, 15 Jun 2024 | CA$9.6b | CA$11.2b | -CA$170,560,667.92 | 20.4x | -56.3x | 0.9x |
| Mon, 13 May 2024 | CA$9.5b | CA$11.1b | -CA$240,574,358.85 | 26.1x | -39.5x | 0.9x |
| Wed, 10 Apr 2024 | CA$9.3b | CA$10.8b | -CA$269,691,284.61 | 24x | -34.4x | 0.9x |
| Fri, 08 Mar 2024 | CA$9.9b | CA$10.8b | -CA$254,481,012.87 | 22.8x | -39x | 0.9x |
| Sun, 04 Feb 2024 | CA$11.4b | CA$10.9b | -CA$564,436,638.00 | 22.5x | -20.2x | 1x |
| Tue, 02 Jan 2024 | CA$11.2b | CA$10.8b | -CA$543,486,386.00 | 28.2x | -20.7x | 1x |
| Thu, 30 Nov 2023 | CA$10.7b | CA$11.0b | -CA$565,167,516.00 | 22.8x | -19x | 1x |
| Sat, 28 Oct 2023 | CA$9.9b | CA$10.6b | -CA$621,559,210.00 | 19.6x | -15.9x | 0.9x |
| Mon, 25 Sep 2023 | CA$11.3b | CA$10.4b | -CA$602,189,442.00 | 21.3x | -18.8x | 1.1x |
| Wed, 23 Aug 2023 | CA$10.7b | CA$10.4b | -CA$600,706,739.00 | 18.3x | -17.7x | 1x |
| Fri, 21 Jul 2023 | CA$11.6b | CA$9.7b | -CA$590,550,901.00 | 24.1x | -19.7x | 1.2x |
| Sun, 18 Jun 2023 | CA$11.0b | CA$9.8b | -CA$594,745,014.00 | 26x | -18.5x | 1.1x |
| Tue, 16 May 2023 | CA$10.2b | CA$9.7b | -CA$571,208,737.00 | 30.2x | -17.9x | 1.1x |
| Thu, 13 Apr 2023 | CA$9.6b | CA$9.4b | -CA$544,174,044.00 | 24.8x | -17.7x | 1x |
| Sat, 11 Mar 2023 | CA$10.3b | CA$9.5b | -CA$541,156,365.00 | 26.6x | -19x | 1.1x |
| Mon, 06 Feb 2023 | CA$10.3b | CA$9.2b | -CA$246,640,143.00 | 28.5x | -41.7x | 1.1x |
| Wed, 04 Jan 2023 | CA$8.5b | CA$9.3b | -CA$251,885,700.00 | 24x | -33.7x | 0.9x |
| Fri, 02 Dec 2022 | CA$9.1b | CA$9.2b | -CA$246,140,942.00 | 24.9x | -36.8x | 1x |
| Sun, 30 Oct 2022 | CA$8.5b | CA$9.0b | -CA$12,652,802.00 | 15.1x | -670.2x | 0.9x |
| Tue, 27 Sep 2022 | CA$8.1b | CA$9.0b | -CA$3,023,273.00 | 15.1x | -2675.8x | 0.9x |
| Thu, 25 Aug 2022 | CA$9.4b | CA$8.8b | CA$9.0m | 13.6x | 1044.2x | 1.1x |
| Sat, 23 Jul 2022 | CA$8.9b | CA$8.8b | -CA$117,033,504.00 | 21.5x | -76.4x | 1x |
| Mon, 20 Jun 2022 | CA$8.4b | CA$8.9b | -CA$111,383,207.00 | 20.4x | -75.5x | 0.9x |
| Wed, 18 May 2022 | CA$8.6b | CA$8.5b | -CA$86,834,558.00 | 29.8x | -99.4x | 1x |
| Fri, 15 Apr 2022 | CA$10.9b | CA$8.5b | -CA$58,176,550.00 | 33.3x | -187.3x | 1.3x |
| Sun, 13 Mar 2022 | CA$11.0b | CA$8.4b | -CA$71,225,540.00 | 35.4x | -154x | 1.3x |
| Tue, 08 Feb 2022 | CA$12.4b | CA$8.3b | -CA$128,585,729.00 | 41.1x | -96.2x | 1.5x |
| Thu, 06 Jan 2022 | CA$13.5b | CA$8.1b | -CA$112,473,240.00 | 41x | -120.5x | 1.7x |
| Sat, 04 Dec 2021 | CA$13.2b | CA$8.1b | -CA$112,486,732.00 | 40.3x | -117x | 1.6x |
| Mon, 01 Nov 2021 | CA$13.7b | CA$7.8b | -CA$341,327,580.00 | 39.5x | -40.3x | 1.8x |
| Wed, 29 Sep 2021 | CA$13.8b | CA$7.9b | -CA$355,255,727.00 | 38x | -38.8x | 1.7x |
| Fri, 27 Aug 2021 | CA$14.8b | CA$7.8b | -CA$367,019,566.82 | 37.1x | -40.4x | 1.9x |
| Sat, 03 Jul 2021 | CA$16.1b | CA$7.8b | -CA$367,019,566.82 | 37.3x | -43.9x | 2.1x |
Price to Earnings Ratio
-43.9x
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 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.86x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have improved over the last three years.
- Revenues for these companies have grown 13% 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 | -2.19% | |
| Industrials | -1.00% | |
| Machinery | -2.57% | |
| Agricultural Machinery | 0.25% | |
| Construction Machinery and Vehicles | -2.54% | |
| Industrial Machinery | -3.07% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 59.1x.
- Analysts are expecting annual earnings growth of 12.1%, which is lower than the prior year's growth of 52.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 128% over the next 5 years.
- However this is lower than its past earnings growth rate of 225% per year.
- In contrast, the Industrial Machinery industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| AFN Ag Growth International | CA$52.46 | 0.7% +CA$6.9m | 4.9% | PE18.4x | |
| TGH Tornado Global Hydrovacs | CA$0.99 | 5.3% +CA$6.8m | 86.8% | PE15.1x | |
| VLN Velan | CA$5.85 | 1.7% +CA$2.2m | -54.3% | PS0.3x | |
| DST Dundee Sustainable Technologies | CA$0.12 | 14.3% +CA$1.0m | 200.0% | PS2.6x | |
| HEO H2O Innovation | CA$4.25 | 0.2% +CA$900.1k | 100.5% | PS1.5x |
