Calculating The Fair Value Of Interroll Holding AG (VTX:INRN)
Jun 14
Swiss (SMI) Machinery Industry Analysis
UpdatedJun 14, 2024
DataAggregated Company Financials
Companies20
- 7D-0.7%
- 3M2.5%
- 1Y10.2%
- YTD15.5%
The Machinery is pretty flat in the last 7 days, but VAT Group has stood out, gaining 3.2%. As for the the longer term, the industry is up 10% over the past 12 months. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Swiss Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 14 Jun 2024 | CHF70.1b | CHF36.3b | CHF2.6b | 19x | 26.9x | 1.9x |
| Sun, 12 May 2024 | CHF68.9b | CHF36.3b | CHF2.6b | 20.6x | 26.6x | 1.9x |
| Tue, 09 Apr 2024 | CHF67.9b | CHF36.4b | CHF2.6b | 22.1x | 26.4x | 1.9x |
| Thu, 07 Mar 2024 | CHF71.4b | CHF40.6b | CHF2.8b | 20x | 25.4x | 1.8x |
| Sat, 03 Feb 2024 | CHF65.9b | CHF41.5b | CHF2.9b | 15.7x | 23x | 1.6x |
| Mon, 01 Jan 2024 | CHF66.6b | CHF41.5b | CHF2.9b | 16x | 23.2x | 1.6x |
| Wed, 29 Nov 2023 | CHF62.1b | CHF41.5b | CHF2.9b | 15.3x | 21.7x | 1.5x |
| Fri, 27 Oct 2023 | CHF56.2b | CHF41.5b | CHF2.9b | 13.9x | 19.7x | 1.4x |
| Sun, 24 Sep 2023 | CHF60.4b | CHF41.6b | CHF2.8b | 15.8x | 21.5x | 1.5x |
| Tue, 22 Aug 2023 | CHF62.1b | CHF41.8b | CHF2.8b | 16.5x | 22.3x | 1.5x |
| Thu, 20 Jul 2023 | CHF66.0b | CHF41.0b | CHF2.5b | 22.7x | 26.3x | 1.6x |
| Sat, 17 Jun 2023 | CHF68.4b | CHF41.1b | CHF2.5b | 24.2x | 26.9x | 1.7x |
| Mon, 15 May 2023 | CHF66.7b | CHF41.0b | CHF2.5b | 24.3x | 26.4x | 1.6x |
| Wed, 12 Apr 2023 | CHF64.4b | CHF40.8b | CHF2.5b | 26.7x | 26.1x | 1.6x |
| Fri, 10 Mar 2023 | CHF67.3b | CHF40.3b | CHF2.5b | 29.6x | 27.3x | 1.7x |
| Sun, 05 Feb 2023 | CHF68.2b | CHF40.5b | CHF2.5b | 29.9x | 27x | 1.7x |
| Tue, 03 Jan 2023 | CHF58.9b | CHF40.5b | CHF2.5b | 25.7x | 23.3x | 1.5x |
| Thu, 01 Dec 2022 | CHF59.0b | CHF40.4b | CHF2.5b | 27x | 23.8x | 1.5x |
| Sat, 29 Oct 2022 | CHF55.6b | CHF40.3b | CHF2.5b | 25.9x | 22.5x | 1.4x |
| Mon, 26 Sep 2022 | CHF50.7b | CHF40.1b | CHF2.5b | 23x | 20.2x | 1.3x |
| Wed, 24 Aug 2022 | CHF58.7b | CHF40.3b | CHF2.6b | 23.4x | 22.8x | 1.5x |
| Fri, 22 Jul 2022 | CHF60.4b | CHF35.8b | CHF2.7b | 18.9x | 22.6x | 1.7x |
| Sun, 19 Jun 2022 | CHF57.7b | CHF39.3b | CHF2.7b | 17.6x | 21.6x | 1.5x |
| Tue, 17 May 2022 | CHF63.7b | CHF39.3b | CHF2.7b | 18.1x | 23.8x | 1.6x |
| Thu, 14 Apr 2022 | CHF67.6b | CHF39.3b | CHF2.7b | 18.8x | 24.7x | 1.7x |
| Sat, 12 Mar 2022 | CHF69.8b | CHF39.5b | CHF2.8b | 21x | 25.3x | 1.8x |
| Mon, 07 Feb 2022 | CHF79.1b | CHF38.7b | CHF2.6b | 27.9x | 30.4x | 2x |
| Wed, 05 Jan 2022 | CHF87.2b | CHF38.7b | CHF2.6b | 28.9x | 33.1x | 2.3x |
| Fri, 03 Dec 2021 | CHF83.7b | CHF38.7b | CHF2.6b | 28.2x | 31.8x | 2.2x |
| Sun, 31 Oct 2021 | CHF83.6b | CHF38.8b | CHF2.6b | 28.2x | 31.7x | 2.2x |
| Tue, 28 Sep 2021 | CHF86.2b | CHF38.1b | CHF2.5b | 31.4x | 33.9x | 2.3x |
| Thu, 26 Aug 2021 | CHF89.9b | CHF38.1b | CHF2.5b | 34.3x | 35.4x | 2.4x |
| Fri, 02 Jul 2021 | CHF84.1b | CHF38.1b | CHF2.5b | 32.6x | 33.1x | 2.2x |
Price to Earnings Ratio
33.1x
Current Industry PE
- Investors are relatively neutral on the Swiss 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 PE ratio of 26.1x.
- The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- Both revenue and earnings for companies in the Machinery industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Trends
Which industries have driven the changes within the Swiss Industrials industry?
| CH Market | -1.06% | |
| Industrials | -0.78% | |
| Machinery | -0.72% | |
| Agricultural Machinery | 0% | |
| Industrial Machinery | -0.52% | |
| Construction Machinery and Vehicles | -2.64% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 27.6x.
- Analysts are expecting annual earnings growth of 11.7%, which is lower than the prior year's growth of 18.6% per year.
- Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading below its 3-year average of 18.3x.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 12% over the next 5 years.
- However this is lower than its past earnings growth rate of 19% per year.
- In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 6.8% 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 | |
|---|---|---|---|---|---|
| VACN VAT Group | CHF505.40 | 3.2% +CHF467.7m | 34.4% | PE79.6x | |
| DAE Dätwyler Holding | CHF190.00 | 0.5% +CHF17.0m | -11.2% | PE48.4x | |
| STGN StarragTornos Group | CHF51.50 | 3.0% +CHF8.2m | -3.7% | PE11.1x | |
| MIKN Mikron Holding | CHF18.60 | 0.8% +CHF2.5m | 63.2% | PE10.7x | |
| ADVN Adval Tech Holding | CHF97.00 | 2.1% +CHF1.5m | -22.4% | PS0.4x |
