Narrative Update • May 24

Over the last 7 days, the Machinery industry has risen 1.0%, driven by gains from Construcciones y Auxiliar de Ferrocarriles of 2.8%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 23% annually.
Has the Spanish Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 29 May 2026 | €6.5b | €7.8b | €256.1m | 14x | 25.5x | 0.8x |
| Sun, 26 Apr 2026 | €6.9b | €7.8b | €253.9m | 14.4x | 27.2x | 0.9x |
| Tue, 24 Mar 2026 | €6.3b | €7.8b | €254.2m | 12.6x | 24.9x | 0.8x |
| Thu, 19 Feb 2026 | €7.6b | €7.7b | €169.5m | 13.1x | 45.1x | 1x |
| Sat, 17 Jan 2026 | €7.5b | €7.7b | €169.5m | 12.6x | 44.2x | 1x |
| Mon, 15 Dec 2025 | €7.1b | €7.7b | €169.5m | 12.3x | 41.7x | 0.9x |
| Wed, 12 Nov 2025 | €7.1b | €7.6b | €153.8m | 13.3x | 46.5x | 0.9x |
| Fri, 10 Oct 2025 | €7.1b | €7.5b | €134.8m | 11.5x | 52.3x | 0.9x |
| Sun, 07 Sep 2025 | €7.2b | €7.6b | €216.5m | 14x | 33.3x | 0.9x |
| Tue, 05 Aug 2025 | €6.7b | €7.6b | €216.5m | 12.9x | 30.8x | 0.9x |
| Thu, 03 Jul 2025 | €6.6b | €7.6b | €191.8m | 13x | 34.3x | 0.9x |
| Sat, 31 May 2025 | €6.6b | €7.6b | €190.0m | 13.1x | 34.8x | 0.9x |
| Mon, 28 Apr 2025 | €6.0b | €7.5b | €170.0m | 12.3x | 35.4x | 0.8x |
| Wed, 26 Mar 2025 | €6.6b | €7.5b | €170.3m | 12.4x | 38.6x | 0.9x |
| Fri, 21 Feb 2025 | €6.3b | €7.3b | €282.3m | 12.7x | 22.4x | 0.9x |
| Sun, 19 Jan 2025 | €6.7b | €7.3b | €282.3m | 12.3x | 23.6x | 0.9x |
| Tue, 17 Dec 2024 | €6.7b | €7.3b | €282.3m | 12.1x | 23.7x | 0.9x |
| Thu, 14 Nov 2024 | €6.6b | €7.3b | €292.1m | 11.6x | 22.6x | 0.9x |
| Sat, 12 Oct 2024 | €6.4b | €7.3b | €284.8m | 11.7x | 22.3x | 0.9x |
| Mon, 09 Sep 2024 | €5.9b | €7.3b | €284.6m | 11x | 20.8x | 0.8x |
| Wed, 07 Aug 2024 | €6.0b | €7.2b | €281.0m | 11x | 21.5x | 0.8x |
| Fri, 05 Jul 2024 | €5.7b | €7.0b | €246.6m | 13x | 23.3x | 0.8x |
| Sun, 02 Jun 2024 | €6.3b | €7.0b | €246.6m | 12.7x | 25.5x | 0.9x |
| Tue, 30 Apr 2024 | €5.8b | €7.0b | €247.8m | 12.4x | 23.4x | 0.8x |
| Thu, 28 Mar 2024 | €6.2b | €7.0b | €247.3m | 12.9x | 24.9x | 0.9x |
| Sat, 24 Feb 2024 | €5.8b | €6.8b | €194.4m | 12.7x | 29.6x | 0.9x |
| Mon, 22 Jan 2024 | €5.4b | €6.8b | €193.5m | 11.9x | 28.1x | 0.8x |
| Wed, 20 Dec 2023 | €5.6b | €6.8b | €192.9m | 12.6x | 28.9x | 0.8x |
| Fri, 17 Nov 2023 | €5.4b | €6.6b | €179.1m | 14.1x | 30x | 0.8x |
| Sun, 15 Oct 2023 | €5.0b | €6.6b | €187.7m | 13.4x | 26.7x | 0.8x |
| Tue, 12 Sep 2023 | €5.7b | €6.6b | €187.8m | 21x | 30.2x | 0.9x |
| Thu, 10 Aug 2023 | €5.9b | €6.6b | €186.3m | 19.5x | 31.6x | 0.9x |
| Sat, 08 Jul 2023 | €5.0b | €6.6b | €209.0m | 19.4x | 24x | 0.8x |
| Mon, 05 Jun 2023 | €4.9b | €6.6b | €209.0m | 19.6x | 23.6x | 0.8x |
23.6x
Which industries have driven the changes within the Spanish Industrials industry?
| ES Market | 1.20% | |
| Industrials | 1.25% | |
| Machinery | 1.02% | |
| Construction Machinery and Vehicles | 1.91% | |
| Industrial Machinery | 0.49% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CAF Construcciones y Auxiliar de Ferrocarriles | €61.60 | 2.8% +€58.2m | 26.5% | PE14x | |
| AZK Azkoyen | €11.75 | 5.9% +€15.8m | 33.5% | PE16.5x | |
| FDR Fluidra | €18.86 | 0.2% +€5.7m | -14.5% | PE20.6x | |
| NBI NBI Bearings Europe | €2.90 | 0.7% +€243.1k | -14.2% | PS0.7x |