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German (DAX) Machinery Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies47
- 7D-5.2%
- 3M-6.9%
- 1Y11.3%
- YTD8.3%
Over the last 7 days, the Machinery industry has dropped 5.2%, driven by declines in Traton and KION GROUP of 9.5% and 7.3%, respectively. Meanwhile, KUKA actually outperformed within the industry, gaining 5.9% in the last week. This takes the industry's 12 month performance to a gain of 11%.
Industry Valuation and Performance
Has the German Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 29 Nov 2021 | €87.0b | €84.7b | €3.0b | 21.8x |
| Wed, 27 Oct 2021 | €99.7b | €93.2b | €2.2b | 25x |
| Fri, 24 Sep 2021 | €98.8b | €93.2b | €2.2b | 27.2x |
| Sun, 22 Aug 2021 | €90.3b | €80.6b | €2.5b | 27.5x |
| Fri, 09 Jul 2021 | €86.2b | €80.6b | €2.5b | 26.9x |
| Thu, 01 Apr 2021 | €82.7b | €75.2b | €1.1b | 33.4x |
| Sun, 03 Jan 2021 | €79.7b | €73.8b | €468.1m | 39.8x |
| Wed, 07 Oct 2020 | €69.9b | €75.5b | €693.8m | 35.8x |
| Tue, 30 Jun 2020 | €62.2b | €77.8b | €1.3b | 24.5x |
| Fri, 03 Apr 2020 | €51.2b | €83.8b | €2.7b | 15.9x |
| Mon, 06 Jan 2020 | €72.9b | €85.6b | €3.6b | 17x |
| Thu, 10 Oct 2019 | €67.1b | €86.2b | €4.0b | 13.8x |
| Wed, 03 Jul 2019 | €74.2b | €85.3b | €4.2b | 15.9x |
| Sat, 06 Apr 2019 | €59.0b | €57.9b | €2.8b | 16.7x |
| Tue, 08 Jan 2019 | €53.7b | €57.0b | €2.8b | 14.1x |
PE Ratio
16.4x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 23.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Machinery industry have remained mostly flat over the last three years, while revenues for these companies have grown 15% per year.This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the German Machinery industry?
| Industrial Machinery | -3.79% | |
| Construction Machinery and Vehicles | -6.49% | |
Industry PE: Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 26.4x. However analysts are expecting annual earnings growth of 26%, which is lower than the prior year's growth of 47% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading close to its 3-year average of 19.6x.
Forecasted Growth: Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 26% over the next 5 years. However this is lower than its past earnings growth rate of 47% per year. Meanwhile, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| KU2 KUKA | 5.9%+€159.1m | 86.5% | PS0.9x | |
| VQT va-Q-tec | 3.3%+€12.1m | -31.7% | PE281.4x | |
| GSC1 Gesco | 1.7%+€4.3m | 62.4% | PE14.4x | |
| MSAG MS Industrie | 2.2%+€1.0m | 3.8% | PS0.3x | |
| DIS DVS Technology | 0.6%+€967.7k | -0.6% | PE525.3x |
