Spanish (IBEX) Machinery Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 21 Jan 2025	€6.7b	€7.3b	€282.3m	12.3x	23.9x	0.9x
Thu, 19 Dec 2024	€6.6b	€7.3b	€282.3m	12.1x	23.2x	0.9x
Sat, 16 Nov 2024	€6.5b	€7.3b	€292.1m	10.7x	22.2x	0.9x
Mon, 14 Oct 2024	€6.4b	€7.3b	€284.8m	11.7x	22.3x	0.9x
Wed, 11 Sep 2024	€6.0b	€7.3b	€284.6m	11x	21.2x	0.8x
Fri, 09 Aug 2024	€6.0b	€7.2b	€281.0m	11x	21.5x	0.8x
Sun, 07 Jul 2024	€5.7b	€7.0b	€246.6m	12.9x	23.1x	0.8x
Tue, 04 Jun 2024	€6.3b	€7.0b	€246.6m	12.8x	25.5x	0.9x
Thu, 02 May 2024	€5.7b	€7.0b	€247.8m	12.3x	23.2x	0.8x
Sat, 30 Mar 2024	€6.2b	€7.0b	€247.8m	13x	25x	0.9x
Mon, 26 Feb 2024	€5.8b	€6.8b	€194.4m	12.7x	29.6x	0.9x
Wed, 24 Jan 2024	€5.6b	€6.8b	€193.0m	18.8x	28.8x	0.8x
Fri, 22 Dec 2023	€5.5b	€6.8b	€192.9m	12.4x	28.8x	0.8x
Sun, 19 Nov 2023	€5.5b	€6.8b	€194.4m	12x	28.1x	0.8x
Tue, 17 Oct 2023	€5.0b	€6.6b	€187.7m	13.3x	26.6x	0.8x
Thu, 14 Sep 2023	€5.6b	€6.6b	€187.8m	20.9x	30x	0.8x
Sat, 12 Aug 2023	€5.9b	€6.6b	€186.3m	19.4x	31.6x	0.9x
Mon, 10 Jul 2023	€5.0b	€6.6b	€209.0m	19.4x	24x	0.8x
Wed, 07 Jun 2023	€5.0b	€6.6b	€209.0m	19.8x	23.7x	0.8x
Fri, 05 May 2023	€4.4b	€6.4b	€239.0m	18x	18.5x	0.7x
Sun, 02 Apr 2023	€4.6b	€6.4b	€239.0m	18.9x	19.1x	0.7x
Tue, 28 Feb 2023	€5.0b	€6.4b	€306.0m	16.9x	16.2x	0.8x
Thu, 26 Jan 2023	€4.8b	€6.4b	€316.7m	15.2x	15.3x	0.8x
Sat, 24 Dec 2022	€4.3b	€6.4b	€316.7m	13.5x	13.5x	0.7x
Mon, 21 Nov 2022	€4.2b	€6.3b	€330.3m	12.6x	12.8x	0.7x
Wed, 19 Oct 2022	€4.2b	€6.3b	€364.3m	11.4x	11.6x	0.7x
Fri, 16 Sep 2022	€4.4b	€6.3b	€364.5m	12.1x	12x	0.7x
Sun, 14 Aug 2022	€5.1b	€6.3b	€364.5m	13.7x	14.1x	0.8x
Tue, 12 Jul 2022	€5.4b	€6.2b	€397.9m	14.1x	13.5x	0.9x
Thu, 09 Jun 2022	€6.5b	€6.2b	€397.9m	14.4x	16.3x	1x
Sat, 07 May 2022	€9.6b	€7.0b	€538.6m	17.2x	17.8x	1.4x
Mon, 04 Apr 2022	€9.9b	€6.8b	€530.5m	17.3x	18.6x	1.5x
Wed, 02 Mar 2022	€10.2b	€6.8b	€528.3m	18.8x	19.3x	1.5x
Fri, 28 Jan 2022	€10.8b	€6.8b	€496.1m	22.7x	21.8x	1.6x

Current Industry PE

Investors are optimistic on the Spanish Machinery industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 23.6x which is higher than its 3-year average PE of 21.3x.

The industry is trading close to its 3-year average PS ratio of 0.88x.

Past Earnings Growth

The earnings for companies in the Machinery industry have declined 17% per year over the last three years.
Meanwhile revenues for these companies have grown 2.4% 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, which has decreased profits.

Industry Trends

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


ES Market	1.89%
Industrials	2.54%
Machinery	6.18%
Industrial Machinery	7.98%
Construction Machinery and Vehicles	0.99%
Agricultural Machinery	0%	0

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 24.3%, which is lower than the prior year's growth of 38.0% per year.

Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading below its 3-year average of 17.7x.

Forecasted Growth

Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 24% over the next 5 years.
However this is lower than its past earnings growth rate of 38% 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
FDR Fluidra	€25.14	7.6% +€337.9m	31.3%	PE37x
TLGO Talgo	€3.79	5.4% +€24.0m	-9.3%	PE21.5x
CAF Construcciones y Auxiliar de Ferrocarriles	€35.05	0.1% +€1.7m	9.2%	PE12.4x
AZK Azkoyen	€6.38	0.3% +€487.7k	1.6%	PE9.2x