German (DAX) Machinery Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 30 Nov 2022	€88.0b	€143.6b	€4.9b	16.8x	18.1x	0.6x
Fri, 28 Oct 2022	€79.6b	€139.3b	€5.3b	14.6x	15.1x	0.6x
Sun, 25 Sep 2022	€71.4b	€139.2b	€5.3b	13.5x	13.5x	0.5x
Tue, 23 Aug 2022	€81.0b	€139.1b	€5.3b	14.4x	15.3x	0.6x
Thu, 21 Jul 2022	€84.7b	€133.5b	€5.0b	16.4x	16.9x	0.6x
Sat, 18 Jun 2022	€83.6b	€133.5b	€5.0b	16.3x	16.6x	0.6x
Mon, 16 May 2022	€87.8b	€131.9b	€6.1b	17.1x	14.3x	0.7x
Wed, 13 Apr 2022	€85.9b	€128.4b	€5.8b	17.2x	14.7x	0.7x
Fri, 11 Mar 2022	€89.3b	€124.7b	€5.9b	18.2x	15.2x	0.7x
Sun, 06 Feb 2022	€108.0b	€123.6b	€5.6b	20x	19.4x	0.9x
Tue, 04 Jan 2022	€117.7b	€84.3b	€2.9b	22.8x	40x	1.4x
Thu, 02 Dec 2021	€86.9b	€84.7b	€3.0b	22.9x	28.8x	1x
Sat, 30 Oct 2021	€100.4b	€96.2b	€2.4b	24.7x	41.3x	1x
Mon, 27 Sep 2021	€98.1b	€93.2b	€2.2b	25.3x	45.3x	1.1x
Wed, 25 Aug 2021	€91.2b	€80.6b	€2.5b	27.9x	37x	1.1x
Thu, 01 Jul 2021	€86.2b	€80.6b	€2.5b	26.9x	35x	1.1x
Sun, 04 Apr 2021	€82.7b	€75.2b	€1.1b	33.4x	76.5x	1.1x
Wed, 06 Jan 2021	€79.7b	€73.8b	€468.1m	39.8x	170.3x	1.1x
Sat, 10 Oct 2020	€69.9b	€75.5b	€693.8m	35.8x	100.8x	0.9x
Fri, 03 Jul 2020	€62.2b	€77.8b	€1.3b	24.5x	47.4x	0.8x
Mon, 06 Apr 2020	€51.2b	€83.8b	€2.7b	15.9x	19.2x	0.6x
Thu, 09 Jan 2020	€72.9b	€85.6b	€3.6b	17x	20.3x	0.9x

Current Industry PE

Investors are pessimistic on the German Machinery industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 18.1x which is lower than its 3-year average PE of 48.8x.

Past Earnings Growth

The earnings for companies in the Machinery industry have grown 6.8% per year over the last three years.
Revenues for these companies have grown 19% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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


DE Market	-0.013%
Industrials	1.36%
Machinery	0.88%
Construction Machinery and Vehicles	1.54%
Agricultural Machinery	0%
Industrial Machinery	-0.012%

Industry PE

Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio.

Analysts are expecting annual earnings growth of 16.4%, which is lower than the prior year's growth of 91.4% per year.

Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading below its 3-year average of 27.0x.

Forecasted Growth

Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 16% over the next 5 years.
However this is lower than its past earnings growth rate of 91% per year.

In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 15% 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
DTG Daimler Truck Holding	€30.96	1.8% +€448.5m	n/a	PE17.1x
8TRA Traton	€15.05	1.1% +€85.0m	-27.6%	PE16.8x
KGX KION GROUP	€27.11	1.5% +€52.4m	-71.6%	PE17.4x
DUE Dürr	€32.66	1.7% +€37.4m	-7.0%	PE20.4x
VQT va-Q-tec	€14.74	20.4% +€33.5m	-46.3%	PS1.6x

Nov 01

Industry Valuation and Performance