Narrative Update • Jun 02

The Machinery industry has been flat over the last week, but KION GROUP has lost 4.5%. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 25% per annum.
Has the German Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 03 Jun 2026 | €118.7b | €154.4b | €5.0b | 19.5x | 23.5x | 0.8x |
| Fri, 01 May 2026 | €122.1b | €157.2b | €5.5b | 20.1x | 22.1x | 0.8x |
| Sun, 29 Mar 2026 | €117.3b | €157.9b | €5.9b | 19.2x | 20x | 0.7x |
| Tue, 24 Feb 2026 | €131.8b | €161.7b | €6.4b | 21.4x | 20.7x | 0.8x |
| Thu, 22 Jan 2026 | €123.4b | €161.7b | €6.4b | 21.1x | 19.4x | 0.8x |
| Sat, 20 Dec 2025 | €118.7b | €161.7b | €6.4b | 21.1x | 18.5x | 0.7x |
| Mon, 17 Nov 2025 | €113.7b | €161.6b | €6.6b | 20x | 17.3x | 0.7x |
| Wed, 15 Oct 2025 | €111.3b | €164.4b | €7.1b | 21.3x | 15.7x | 0.7x |
| Fri, 12 Sep 2025 | €118.9b | €164.4b | €7.1b | 19.3x | 16.8x | 0.7x |
| Sun, 10 Aug 2025 | €123.9b | €164.2b | €7.1b | 18.4x | 17.5x | 0.8x |
| Tue, 08 Jul 2025 | €119.7b | €165.2b | €8.1b | 19.3x | 14.7x | 0.7x |
| Thu, 05 Jun 2025 | €119.0b | €165.7b | €8.1b | 17.7x | 14.7x | 0.7x |
| Sat, 03 May 2025 | €112.4b | €166.4b | €8.1b | 19.7x | 13.8x | 0.7x |
| Mon, 31 Mar 2025 | €114.0b | €168.0b | €8.8b | 16.9x | 13x | 0.7x |
| Wed, 26 Feb 2025 | €117.5b | €169.4b | €9.0b | 16.5x | 13.1x | 0.7x |
| Fri, 24 Jan 2025 | €106.5b | €169.1b | €9.0b | 16.9x | 11.9x | 0.6x |
| Sun, 22 Dec 2024 | €101.5b | €169.1b | €9.0b | 15.3x | 11.3x | 0.6x |
| Tue, 19 Nov 2024 | €102.8b | €169.2b | €9.0b | 14.6x | 11.5x | 0.6x |
| Thu, 17 Oct 2024 | €105.3b | €169.7b | €9.4b | 15.4x | 11.2x | 0.6x |
| Sat, 14 Sep 2024 | €98.6b | €169.7b | €9.4b | 14.9x | 10.5x | 0.6x |
| Mon, 12 Aug 2024 | €99.0b | €169.8b | €9.5b | 15.1x | 10.5x | 0.6x |
| Wed, 10 Jul 2024 | €103.8b | €170.4b | €9.7b | 15.9x | 10.7x | 0.6x |
| Fri, 07 Jun 2024 | €111.3b | €170.3b | €9.7b | 16.5x | 11.5x | 0.7x |
| Sun, 05 May 2024 | €111.3b | €170.4b | €9.8b | 16.8x | 11.4x | 0.7x |
| Tue, 02 Apr 2024 | €118.7b | €169.7b | €9.6b | 16.4x | 12.4x | 0.7x |
| Thu, 29 Feb 2024 | €101.2b | €167.0b | €8.9b | 12.7x | 11.3x | 0.6x |
| Sat, 27 Jan 2024 | €97.4b | €171.2b | €8.9b | 14.1x | 10.9x | 0.6x |
| Mon, 25 Dec 2023 | €97.0b | €171.2b | €8.9b | 13.9x | 10.8x | 0.6x |
| Wed, 22 Nov 2023 | €88.0b | €171.0b | €9.0b | 13.1x | 9.8x | 0.5x |
| Fri, 20 Oct 2023 | €88.1b | €169.4b | €8.1b | 12.4x | 10.8x | 0.5x |
| Sun, 17 Sep 2023 | €94.1b | €169.4b | €8.1b | 12.1x | 11.6x | 0.6x |
| Tue, 15 Aug 2023 | €97.2b | €169.2b | €8.1b | 12.5x | 12x | 0.6x |
| Thu, 13 Jul 2023 | €97.1b | €163.6b | €7.5b | 12.3x | 12.9x | 0.6x |
| Sat, 10 Jun 2023 | €94.1b | €163.5b | €7.5b | 14.4x | 12.5x | 0.6x |
12.5x
Which industries have driven the changes within the German Industrials industry?
| DE Market | -0.26% | |
| Industrials | -2.42% | |
| Machinery | 0.055% | |
| Construction Machinery and Vehicles | 0.24% | |
| Industrial Machinery | -0.38% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 8TRA Traton | €34.74 | 0.8% +€130.0m | 15.7% | PE13.3x | |
| STM Stabilus | €19.34 | 6.5% +€28.9m | -24.3% | PE31.3x | |
| GIL DMG MORI | €47.00 | 0.6% +€23.6m | 2.8% | PE47.6x | |
| MXHN MAX Automation | €4.26 | 8.1% +€13.2m | -19.3% | PS0.5x | |
| HG1 HOMAG Group | €25.60 | 3.2% +€12.6m | -9.9% | PE18.3x |