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German (DAX) Machinery Industry Analysis

UpdatedAug 26, 2026
DataAggregated Company Financials
Companies49
  • 7D3.6%
  • 3M4.4%
  • 1Y3.7%
  • YTD5.0%

Daimler Truck Holding is up 4.0%, leading the way for the Machinery industry, which has gained 3.6%. This means that the industry has gained 3.7% over the past year. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 27 Aug 2026€126.3b€156.2b€5.6b17.5x22.7x0.8x
Sat, 25 Jul 2026€125.4b€154.3b€5.5b18.3x22.7x0.8x
Mon, 22 Jun 2026€118.7b€154.3b€5.1b19.8x23.5x0.8x
Wed, 20 May 2026€115.0b€154.4b€5.0b17.9x22.9x0.7x
Fri, 17 Apr 2026€124.2b€157.5b€5.8b19.8x21.5x0.8x
Sun, 15 Mar 2026€120.7b€156.0b€5.9b19.9x20.5x0.8x
Tue, 10 Feb 2026€131.6b€161.7b€6.4b22x20.7x0.8x
Thu, 08 Jan 2026€125.1b€161.7b€6.4b22x19.7x0.8x
Sat, 06 Dec 2025€117.0b€161.7b€6.4b21.7x18.2x0.7x
Mon, 03 Nov 2025€113.2b€162.9b€6.7b20.5x16.9x0.7x
Wed, 01 Oct 2025€115.4b€164.4b€7.1b20.9x16.3x0.7x
Fri, 29 Aug 2025€121.2b€164.5b€7.1b18.9x17.1x0.7x
Sun, 27 Jul 2025€124.7b€165.4b€7.8b19.8x16.1x0.8x
Tue, 24 Jun 2025€113.3b€165.7b€8.1b20.1x13.9x0.7x
Thu, 22 May 2025€118.8b€165.6b€8.1b17.1x14.6x0.7x
Sat, 19 Apr 2025€104.5b€168.0b€8.8b17.3x11.9x0.6x
Mon, 17 Mar 2025€120.3b€168.4b€8.8b16.6x13.7x0.7x
Wed, 12 Feb 2025€112.8b€169.2b€9.0b16.8x12.6x0.7x
Fri, 10 Jan 2025€105.5b€169.1b€9.0b17.4x11.8x0.6x
Sun, 08 Dec 2024€105.5b€169.1b€9.0b15.4x11.8x0.6x
Tue, 05 Nov 2024€104.0b€170.1b€9.4b14.9x11x0.6x
Thu, 03 Oct 2024€102.7b€169.7b€9.4b16.1x10.9x0.6x
Sat, 31 Aug 2024€104.1b€169.7b€9.4b15.5x11.1x0.6x
Mon, 29 Jul 2024€103.3b€170.3b€9.6b15.9x10.7x0.6x
Wed, 26 Jun 2024€105.4b€170.4b€9.7b15.9x10.9x0.6x
Fri, 24 May 2024€111.0b€170.3b€9.7b17.4x11.5x0.7x
Sun, 21 Apr 2024€114.1b€169.7b€9.6b16.5x11.9x0.7x
Tue, 19 Mar 2024€115.5b€168.3b€9.6b14.5x12.1x0.7x
Thu, 15 Feb 2024€94.1b€167.0b€8.9b12.6x10.5x0.6x
Sat, 13 Jan 2024€95.9b€171.2b€8.9b14x10.7x0.6x
Mon, 11 Dec 2023€92.3b€171.2b€8.9b13.3x10.3x0.5x
Wed, 08 Nov 2023€85.7b€170.4b€9.0b12.2x9.5x0.5x
Fri, 06 Oct 2023€91.1b€169.4b€8.1b11.9x11.2x0.5x
Sun, 03 Sep 2023€95.3b€169.4b€8.1b12.2x11.7x0.6x
Price to Earnings Ratio

11.7x


Total Market Cap: €95.3bTotal Earnings: €8.1bTotal Revenue: €169.4bTotal Market Cap vs Earnings and Revenue0%0%0%
German Machinery Industry Price to Earnings3Y Average 14.7x202420252026
Current Industry PE
  • Investors are optimistic on the German Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 22.7x which is higher than its 3-year average PE of 14.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 12% per year over the last three years,
  • Revenues have also declined 2.7% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the German Industrials industry?

DE Market0.86%
Industrials0.77%
Machinery3.56%
Construction Machinery and Vehicles4.10%
Industrial Machinery2.25%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 23.8x.
    • Analysts are expecting annual earnings growth of 15.9%, which is higher than its past year's earnings growth of 3.2% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 12.4x.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 19% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 16% 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
DTG Daimler Truck Holding€47.084.2%
+€1.4b		16.9%PE33.2x
KBX Knorr-Bremse€106.107.4%
+€1.2b		19.8%PE29.2x
8TRA Traton€38.404.1%
+€760.0m		20.8%PE10.9x
KGX KION GROUP€44.1310.3%
+€541.5m		-21.5%PE15x
G1A GEA Group€67.353.5%
+€374.4m		7.8%PE25.1x

Latest News

G1A
€67.35
GEA Group
7D
3.5%
1Y
7.8%
Narrative Update • Aug 25

G1A: Outlook Will Stay Firm As Higher Dividend And Metrics Support Fairness

Analysts have raised their price target on GEA Group to €69.79 from €66.99, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E multiples. What's in the News for GEA Group No recent news items or key developments have been reported for GEA Group in the provided sources as of 25 Aug 2026.
DEZ
€12.01
DEUTZ
7D
18.9%
1Y
34.7%
Narrative Update • Aug 25

DEZ: Index Inclusion And Energy Expansion Will Drive Future Repricing Potential

Analysts have lifted their fair value estimate for DEUTZ from €14.00 to €16.40, citing updated assumptions on revenue growth, profit margins and future P/E multiples, alongside the new €9.44 price target from recent Street research. What’s in the News for DEUTZ DEUTZ Aktiengesellschaft maintained earnings guidance for 2026, with the company continuing to expect consolidated revenue of between €2.3b and €2.5b.
DTG
€47.08
Daimler Truck Holding
7D
4.2%
1Y
16.9%
Narrative Update • Aug 25

DTG: Global Capacity Investments And Truck Market Recovery Will Shape Future Confidence

Daimler Truck Holding's analyst price target has shifted from €49.41 to €50.81, with analysts pointing to improved profit margin expectations, updated discount rate and P/E assumptions, and a series of higher Street targets in the €52 to €58 range as key drivers of the revised view. Analyst Commentary Recent Street research on Daimler Truck Holding points to a cluster of higher price targets and rating upgrades.
8TRA
€38.40
Traton
7D
4.1%
1Y
20.8%
Narrative Update • Aug 21

8TRA: Cyclical Truck Market Recovery Will Likely Expose Margin Execution Risks

Analysts have lifted their price expectations for Traton, with the updated fair value estimate rising from about €23.39 to roughly €27.17. This reflects a series of higher Street price targets in the €35 to €40 range and slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E.
KGX
€44.13
KION GROUP
7D
10.3%
1Y
-21.5%
Narrative Update • Aug 20

KGX: Warehouse Automation Execution Will Drive Future Repricing Potential

The analyst fair value estimate for KION GROUP has been reduced from €76 to €70, as analysts factor in updated assumptions on revenue growth, profit margins and discount rates, along with a series of revised Street price targets across the stock. Analyst Commentary on KION GROUP Recent Street research on KION GROUP shows a mix of revised price targets and rating changes, with several bullish analysts highlighting potential for execution on growth initiatives and improvement in profitability.
KBX
€106.10
Knorr-Bremse
7D
7.4%
1Y
19.8%
NOEJ
€19.92
NORMA Group
7D
-2.6%
1Y
23.3%
R3NK
€47.60
RENK Group
7D
-4.5%
1Y
-21.1%
RAA
€637.50
RATIONAL
7D
2.8%
1Y
-0.9%
Analysis Article • Aug 09

RATIONAL Aktiengesellschaft Just Recorded A 6.7% EPS Beat: Here's What Analysts Are Forecasting Next

As you might know, RATIONAL Aktiengesellschaft ( ETR:RAA ) recently reported its second-quarter numbers. RATIONAL...
MXHN
€3.42
MAX Automation
7D
-6.8%
1Y
-40.0%
PFV
€163.00
Pfeiffer Vacuum Technology
7D
-0.1%
1Y
4.1%
WSU
€38.50
WashTec
7D
-1.8%
1Y
4.3%
RSL2
€12.60
R. STAHL
7D
-7.4%
1Y
-25.9%
HP3A
€2.70
Ringmetall
7D
-0.7%
1Y
-12.3%
KRN
€118.60
Krones
7D
4.2%
1Y
-11.6%
VQT
€26.60
Envirotainer
7D
-0.7%
1Y
-1.5%