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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Jun 2024CA$9.6bCA$11.2b-CA$170,560,667.9220.4x-56.3x0.9x
Mon, 13 May 2024CA$9.5bCA$11.1b-CA$240,574,358.8526.1x-39.5x0.9x
Wed, 10 Apr 2024CA$9.3bCA$10.8b-CA$269,691,284.6124x-34.4x0.9x
Fri, 08 Mar 2024CA$9.9bCA$10.8b-CA$254,481,012.8722.8x-39x0.9x
Sun, 04 Feb 2024CA$11.4bCA$10.9b-CA$564,436,638.0022.5x-20.2x1x
Tue, 02 Jan 2024CA$11.2bCA$10.8b-CA$543,486,386.0028.2x-20.7x1x
Thu, 30 Nov 2023CA$10.7bCA$11.0b-CA$565,167,516.0022.8x-19x1x
Sat, 28 Oct 2023CA$9.9bCA$10.6b-CA$621,559,210.0019.6x-15.9x0.9x
Mon, 25 Sep 2023CA$11.3bCA$10.4b-CA$602,189,442.0021.3x-18.8x1.1x
Wed, 23 Aug 2023CA$10.7bCA$10.4b-CA$600,706,739.0018.3x-17.7x1x
Fri, 21 Jul 2023CA$11.6bCA$9.7b-CA$590,550,901.0024.1x-19.7x1.2x
Sun, 18 Jun 2023CA$11.0bCA$9.8b-CA$594,745,014.0026x-18.5x1.1x
Tue, 16 May 2023CA$10.2bCA$9.7b-CA$571,208,737.0030.2x-17.9x1.1x
Thu, 13 Apr 2023CA$9.6bCA$9.4b-CA$544,174,044.0024.8x-17.7x1x
Sat, 11 Mar 2023CA$10.3bCA$9.5b-CA$541,156,365.0026.6x-19x1.1x
Mon, 06 Feb 2023CA$10.3bCA$9.2b-CA$246,640,143.0028.5x-41.7x1.1x
Wed, 04 Jan 2023CA$8.5bCA$9.3b-CA$251,885,700.0024x-33.7x0.9x
Fri, 02 Dec 2022CA$9.1bCA$9.2b-CA$246,140,942.0024.9x-36.8x1x
Sun, 30 Oct 2022CA$8.5bCA$9.0b-CA$12,652,802.0015.1x-670.2x0.9x
Tue, 27 Sep 2022CA$8.1bCA$9.0b-CA$3,023,273.0015.1x-2675.8x0.9x
Thu, 25 Aug 2022CA$9.4bCA$8.8bCA$9.0m13.6x1044.2x1.1x
Sat, 23 Jul 2022CA$8.9bCA$8.8b-CA$117,033,504.0021.5x-76.4x1x
Mon, 20 Jun 2022CA$8.4bCA$8.9b-CA$111,383,207.0020.4x-75.5x0.9x
Wed, 18 May 2022CA$8.6bCA$8.5b-CA$86,834,558.0029.8x-99.4x1x
Fri, 15 Apr 2022CA$10.9bCA$8.5b-CA$58,176,550.0033.3x-187.3x1.3x
Sun, 13 Mar 2022CA$11.0bCA$8.4b-CA$71,225,540.0035.4x-154x1.3x
Tue, 08 Feb 2022CA$12.4bCA$8.3b-CA$128,585,729.0041.1x-96.2x1.5x
Thu, 06 Jan 2022CA$13.5bCA$8.1b-CA$112,473,240.0041x-120.5x1.7x
Sat, 04 Dec 2021CA$13.2bCA$8.1b-CA$112,486,732.0040.3x-117x1.6x
Mon, 01 Nov 2021CA$13.7bCA$7.8b-CA$341,327,580.0039.5x-40.3x1.8x
Wed, 29 Sep 2021CA$13.8bCA$7.9b-CA$355,255,727.0038x-38.8x1.7x
Fri, 27 Aug 2021CA$14.8bCA$7.8b-CA$367,019,566.8237.1x-40.4x1.9x
Sat, 03 Jul 2021CA$16.1bCA$7.8b-CA$367,019,566.8237.3x-43.9x2.1x
Price to Earnings Ratio

-43.9x


Total Market Cap: CA$16.1bTotal Earnings: -CA$367,019,566.82Total Revenue: CA$7.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Machinery Industry Price to Earnings3Y Average -455.5x202220232024
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 Machinery0.25%
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?

CompanyLast Price7D1YValuation
AFN Ag Growth InternationalCA$52.460.7%
+CA$6.9m
4.9%PE18.4x
TGH Tornado Global HydrovacsCA$0.995.3%
+CA$6.8m
86.8%PE15.1x
VLN VelanCA$5.851.7%
+CA$2.2m
-54.3%PS0.3x
DST Dundee Sustainable TechnologiesCA$0.1214.3%
+CA$1.0m
200.0%PS2.6x
HEO H2O InnovationCA$4.250.2%
+CA$900.1k
100.5%PS1.5x
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Latest News

DST

CA$0.12

Dundee Sustainable Technologies

7D

14.3%

1Y

200.0%

VMC

CA$0.87

Vicinity Motor

7D

-8.4%

1Y

-27.5%

GPV

CA$1.52

GreenPower Motor

7D

-6.2%

1Y

-58.4%

WPRT

CA$8.33

Westport Fuel Systems

7D

-3.3%

1Y

-26.0%

OML

CA$1.08

Omni-Lite Industries Canada

7D

1.9%

1Y

89.5%

TGH

CA$0.99

Tornado Global Hydrovacs

7D

5.3%

1Y

86.8%

VLN

CA$5.85

Velan

7D

1.7%

1Y

-54.3%

ENW

CA$0.23

EnWave

7D

2.2%

1Y

-36.1%

SHRC

CA$0.15

Sharc International Systems

7D

-11.8%

1Y

-46.4%

FHYD

CA$0.86

First Hydrogen

7D

-4.4%

1Y

-72.4%

LEV

CA$1.45

Lion Electric

7D

-4.6%

1Y

-44.7%

HEO

CA$4.25

H2O Innovation

7D

0.2%

1Y

100.5%