When Should You Buy FLSmidth & Co. A/S (CPH:FLS)?
Jul 20
Danish (OMX) Machinery Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies9
- 7D-4.0%
- 3M-6.2%
- 1Y-5.3%
- YTD10.0%
Over the last 7 days, the Machinery industry has dropped 4.0%, driven by a pullback from FLSmidth of 4.0%. On the other hand Hydract is actually up 6.7%. The industry has fallen 5.3% in the last year. Earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the Danish Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | DKK 23.4b | DKK 31.4b | DKK 984.8m | 29.6x | 23.8x | 0.7x |
| Sun, 23 Jun 2024 | DKK 26.1b | DKK 31.4b | DKK 984.7m | 31.7x | 26.5x | 0.8x |
| Tue, 21 May 2024 | DKK 27.2b | DKK 31.4b | DKK 982.3m | 33.3x | 27.7x | 0.9x |
| Thu, 18 Apr 2024 | DKK 25.3b | DKK 32.5b | DKK 858.1m | 35.3x | 29.4x | 0.8x |
| Sat, 16 Mar 2024 | DKK 23.8b | DKK 32.5b | DKK 849.6m | 15.7x | 28x | 0.7x |
| Mon, 12 Feb 2024 | DKK 21.2b | DKK 33.4b | DKK 643.4m | 12x | 33x | 0.6x |
| Wed, 10 Jan 2024 | DKK 20.8b | DKK 33.4b | DKK 643.4m | 11.3x | 32.3x | 0.6x |
| Fri, 08 Dec 2023 | DKK 20.8b | DKK 33.4b | DKK 643.8m | 10.9x | 32.3x | 0.6x |
| Sun, 05 Nov 2023 | DKK 19.8b | DKK 33.4b | DKK 552.4m | 12x | 35.9x | 0.6x |
| Tue, 03 Oct 2023 | DKK 23.3b | DKK 33.4b | DKK 561.3m | 12.6x | 41.4x | 0.7x |
| Thu, 31 Aug 2023 | DKK 23.5b | DKK 33.4b | DKK 549.4m | 22.1x | 42.8x | 0.7x |
| Sat, 29 Jul 2023 | DKK 23.5b | DKK 31.9b | DKK 517.0m | 21x | 45.4x | 0.7x |
| Mon, 26 Jun 2023 | DKK 24.2b | DKK 31.9b | DKK 516.9m | 14.5x | 46.8x | 0.8x |
| Wed, 24 May 2023 | DKK 22.2b | DKK 31.9b | DKK 517.3m | 14.7x | 42.9x | 0.7x |
| Fri, 21 Apr 2023 | DKK 21.2b | DKK 30.7b | DKK 594.1m | 14.7x | 35.7x | 0.7x |
| Sun, 19 Mar 2023 | DKK 19.5b | DKK 30.6b | DKK 596.5m | 24.8x | 32.7x | 0.6x |
| Tue, 14 Feb 2023 | DKK 22.5b | DKK 29.1b | DKK 825.6m | 20.3x | 27.3x | 0.8x |
| Thu, 12 Jan 2023 | DKK 21.3b | DKK 29.1b | DKK 825.3m | 19.3x | 25.8x | 0.7x |
| Sat, 10 Dec 2022 | DKK 18.6b | DKK 29.1b | DKK 825.0m | 17x | 22.5x | 0.6x |
| Mon, 07 Nov 2022 | DKK 16.3b | DKK 28.0b | DKK 780.0m | 16x | 20.9x | 0.6x |
| Wed, 05 Oct 2022 | DKK 15.5b | DKK 27.9b | DKK 718.8m | 11.5x | 21.5x | 0.6x |
| Fri, 02 Sep 2022 | DKK 16.9b | DKK 27.8b | DKK 718.2m | 12.8x | 23.5x | 0.6x |
| Sun, 31 Jul 2022 | DKK 17.7b | DKK 26.7b | DKK 679.1m | 12.3x | 26x | 0.7x |
| Tue, 28 Jun 2022 | DKK 16.5b | DKK 26.7b | DKK 678.9m | 12.4x | 24.4x | 0.6x |
| Thu, 26 May 2022 | DKK 16.9b | DKK 26.7b | DKK 676.1m | 13.9x | 25x | 0.6x |
| Sat, 23 Apr 2022 | DKK 18.2b | DKK 25.5b | DKK 602.7m | 14.3x | 30.2x | 0.7x |
| Mon, 21 Mar 2022 | DKK 19.0b | DKK 25.5b | DKK 607.5m | 14.8x | 31.3x | 0.7x |
| Wed, 16 Feb 2022 | DKK 20.3b | DKK 24.3b | DKK 430.4m | 19.4x | 47.3x | 0.8x |
| Fri, 14 Jan 2022 | DKK 22.0b | DKK 24.3b | DKK 430.2m | 20.7x | 51.2x | 0.9x |
| Sun, 12 Dec 2021 | DKK 20.7b | DKK 24.3b | DKK 429.9m | 18.4x | 48.2x | 0.9x |
| Tue, 09 Nov 2021 | DKK 22.9b | DKK 23.2b | DKK 297.6m | 43.4x | 76.9x | 1x |
| Thu, 07 Oct 2021 | DKK 20.3b | DKK 23.2b | DKK 298.0m | 37.7x | 68.2x | 0.9x |
| Sat, 04 Sep 2021 | DKK 21.7b | DKK 23.2b | DKK 298.0m | 41.1x | 72.7x | 0.9x |
| Mon, 02 Aug 2021 | DKK 20.2b | DKK 23.2b | DKK 298.0m | 37.6x | 67.9x | 0.9x |
Price to Earnings Ratio
67.9x
Current Industry PE
- Investors are pessimistic on the Danish 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 23.8x which is lower than its 3-year average PE of 36.8x.
- The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have grown 49% per year over the last three years.
- Revenues for these companies have grown 11% 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 Danish Industrials industry?
| DK Market | 0.34% | |
| Industrials | 1.67% | |
| Machinery | -4.04% | |
| Agricultural Machinery | 0% | |
| Construction Machinery and Vehicles | -4.00% | |
| Industrial Machinery | -4.19% | |
Industry PE
- Investors are most optimistic about the Construction Machinery and Vehicles industry even though it's trading below its 3-year average PE ratio of 36.2x.
- Analysts are expecting annual earnings growth of 21.2%, which is lower than the prior year's growth of 92.8% per year.
- Investors are most pessimistic about the Industrial Machinery industry, which is trading below its 3-year average of 45.3x.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings decline of 65% per year.
- In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 21% 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 | |
|---|---|---|---|---|---|
| HYDRCT Hydract | DKK 1.67 | 6.7% +DKK 3.3m | -12.8% | PS8.1x | |
| HOVE Hove | DKK 5.16 | 2.4% +DKK 2.9m | -38.6% | PE35.2x |