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Canadian (TSX) Machinery Industry Analysis

UpdatedJun 26, 2026
DataAggregated Company Financials
Companies16
  • 7D1.0%
  • 3M9.8%
  • 1Y7.5%
  • YTD15.7%

The Machinery is pretty flat in the last 7 days, but NFI Group has stood out, gaining 3.2%. The past year has been better, since the industry has gained 7.5% in that time. As for the next few years, earnings are expected to grow by 51% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jun 2026CA$9.7bCA$11.0b-CA$110,369,797.6924.1x-87.6x0.9x
Sun, 24 May 2026CA$10.3bCA$10.7b-CA$159,809,400.1723.9x-64.7x1x
Tue, 21 Apr 2026CA$9.8bCA$11.0b-CA$173,178,622.5442.2x-56.7x0.9x
Thu, 19 Mar 2026CA$9.2bCA$11.0b-CA$160,495,200.5950.6x-57.5x0.8x
Sat, 14 Feb 2026CA$9.0bCA$10.7b-CA$365,823,102.5662.3x-24.6x0.8x
Mon, 12 Jan 2026CA$8.7bCA$10.7b-CA$468,407,759.0122x-18.6x0.8x
Wed, 10 Dec 2025CA$7.8bCA$10.6b-CA$464,042,400.6519.7x-16.9x0.7x
Fri, 07 Nov 2025CA$8.8bCA$10.7b-CA$280,601,852.5824x-31.4x0.8x
Sun, 05 Oct 2025CA$8.6bCA$10.5b-CA$323,115,069.0427.4x-26.5x0.8x
Tue, 02 Sep 2025CA$9.0bCA$10.4b-CA$317,226,817.1827.5x-28.4x0.9x
Thu, 31 Jul 2025CA$9.5bCA$10.4b-CA$139,056,334.0344x-68.6x0.9x
Sat, 28 Jun 2025CA$9.2bCA$10.3b-CA$165,259,504.0135.3x-56x0.9x
Mon, 26 May 2025CA$8.1bCA$10.6b-CA$49,254,435.2738.4x-164.6x0.8x
Wed, 23 Apr 2025CA$7.0bCA$10.6b-CA$43,458,700.9524.4x-161.6x0.7x
Fri, 21 Mar 2025CA$8.3bCA$11.1b-CA$53,610,270.3131.9x-155.7x0.8x
Sun, 16 Feb 2025CA$8.5bCA$10.9b-CA$40,537,845.0829.8x-208.7x0.8x
Tue, 14 Jan 2025CA$8.6bCA$11.4b-CA$156,655,044.1231.4x-55.2x0.8x
Thu, 12 Dec 2024CA$9.5bCA$11.3b-CA$151,920,487.1533x-62.3x0.8x
Sat, 09 Nov 2024CA$9.4bCA$11.2b-CA$163,858,782.9834.6x-57.6x0.8x
Mon, 07 Oct 2024CA$9.7bCA$11.3b-CA$110,726,475.4032.8x-87.8x0.9x
Wed, 04 Sep 2024CA$9.3bCA$11.3b-CA$109,492,811.7025.1x-84.9x0.8x
Fri, 02 Aug 2024CA$9.6bCA$11.5b-CA$105,238,147.0322.2x-90.8x0.8x
Sun, 30 Jun 2024CA$9.5bCA$11.2b-CA$172,561,429.4023.2x-55.1x0.9x
Tue, 28 May 2024CA$9.3bCA$11.2b-CA$166,502,740.9421.9x-55.8x0.8x
Thu, 25 Apr 2024CA$9.2bCA$10.9b-CA$268,676,006.2424.7x-34.3x0.8x
Sat, 23 Mar 2024CA$9.9bCA$10.8b-CA$260,749,505.1222x-38.1x0.9x
Mon, 19 Feb 2024CA$10.4bCA$10.6b-CA$482,570,617.0523.2x-21.5x1x
Wed, 17 Jan 2024CA$11.3bCA$10.9b-CA$567,750,680.0024.6x-19.9x1x
Fri, 15 Dec 2023CA$11.2bCA$10.9b-CA$555,347,149.0025.5x-20.1x1x
Sun, 12 Nov 2023CA$10.5bCA$11.0b-CA$577,345,403.0021.4x-18.2x1x
Tue, 10 Oct 2023CA$10.9bCA$10.5b-CA$612,323,325.0020.1x-17.8x1x
Thu, 07 Sep 2023CA$11.7bCA$10.5b-CA$609,733,780.0020.9x-19.2x1.1x
Sat, 05 Aug 2023CA$10.9bCA$9.9b-CA$652,445,846.0022.8x-16.8x1.1x
Mon, 03 Jul 2023CA$11.2bCA$9.8b-CA$596,821,856.0025.1x-18.7x1.1x
Price to Earnings Ratio

-18.7x


Total Market Cap: CA$11.2bTotal Earnings: -CA$596,821,856.00Total Revenue: CA$9.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Machinery Industry Price to Earnings3Y Average -55.3x202420252026
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 4.1% 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 Market-0.90%
Industrials1.93%
Machinery0.97%
Construction Machinery and Vehicles3.19%
Industrial Machinery0.22%
Agricultural Machinery-1.98%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 126x.
    • Analysts are expecting annual earnings growth of 34.3%, 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
NFI NFI GroupCA$23.503.2%
+CA$85.8m		36.4%PS0.5x
ATS ATSCA$39.961.1%
+CA$41.2m		-8.1%PE54.7x
WPRT Westport Fuel SystemsCA$3.343.7%
+CA$7.4m		-17.5%PS2.4x
OML Omni-Lite Industries CanadaCA$2.2027.2%
+CA$7.3m		76.0%PE58x
FHYD First HydrogenCA$0.4616.7%
+CA$6.0m		-37.7%PE-14.4x

Latest News

SIS
CA$28.80
Savaria
7D
-1.6%
1Y
51.6%
NFI
CA$23.50
NFI Group
7D
3.2%
1Y
36.4%
AFN
CA$20.28
Ag Growth International
7D
-2.0%
1Y
-51.6%
FHYD
CA$0.46
First Hydrogen
7D
16.7%
1Y
-37.7%
WPRT
CA$3.34
Westport Fuel Systems
7D
3.7%
1Y
-17.5%
OML
CA$2.20
Omni-Lite Industries Canada
7D
27.2%
1Y
76.0%
ATS
CA$39.96
ATS
7D
1.1%
1Y
-8.1%
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$16.09
Velan
7D
-0.9%
1Y
12.6%
CNO
CA$0.25
California Nanotechnologies
7D
-7.4%
1Y
-62.7%
CSX
CA$0.10
Clean Seed Capital Group
7D
17.6%
1Y
n/a
NXH
CA$0.51
Next Hydrogen Solutions
7D
6.3%
1Y
-8.9%
ENW
CA$0.24
EnWave
7D
4.3%
1Y
-36.8%