Fluidra's (BME:FDR) Shareholders Will Receive A Smaller Dividend Than Last Year
Apr 19
Spanish (IBEX) Machinery Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies8
- 7D2.7%
- 3M1.5%
- 1Y29.4%
- YTD1.8%
Over the last 7 days, the Machinery industry has dropped 1.6%, driven by a pullback from Fluidra of 1.4%. In contrast, Talgo has gained 6.1%. Over the past 12 months, the industry was up 23%. As for the next few years, earnings are expected to grow by 24% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | €5.7b | €7.0b | €247.8m | 12.3x | 23.2x | 0.8x |
| Fri, 22 Mar 2024 | €6.2b | €7.0b | €247.3m | 12.9x | 25x | 0.9x |
| Sun, 18 Feb 2024 | €6.1b | €6.8b | €194.4m | 13x | 31.1x | 0.9x |
| Tue, 16 Jan 2024 | €5.6b | €6.8b | €193.5m | 12.4x | 28.9x | 0.8x |
| Thu, 14 Dec 2023 | €5.3b | €6.8b | €192.9m | 12.2x | 27.3x | 0.8x |
| Sat, 11 Nov 2023 | €5.0b | €6.6b | €179.1m | 13.6x | 28.1x | 0.8x |
| Mon, 09 Oct 2023 | €5.0b | €6.6b | €187.7m | 13.9x | 26.9x | 0.8x |
| Wed, 06 Sep 2023 | €5.8b | €6.6b | €187.8m | 21.1x | 30.6x | 0.9x |
| Fri, 04 Aug 2023 | €5.7b | €6.6b | €187.0m | 19.5x | 30.2x | 0.9x |
| Sun, 02 Jul 2023 | €5.1b | €6.6b | €209.0m | 19.8x | 24.4x | 0.8x |
| Tue, 30 May 2023 | €4.8b | €6.6b | €209.0m | 19.5x | 23x | 0.7x |
| Thu, 27 Apr 2023 | €4.4b | €6.4b | €239.0m | 18x | 18.3x | 0.7x |
| Sat, 25 Mar 2023 | €4.3b | €6.4b | €239.0m | 17.7x | 18.1x | 0.7x |
| Mon, 20 Feb 2023 | €4.9b | €6.4b | €316.7m | 15.3x | 15.3x | 0.8x |
| Wed, 18 Jan 2023 | €4.8b | €6.4b | €316.7m | 15.2x | 15.3x | 0.8x |
| Fri, 16 Dec 2022 | €4.3b | €6.4b | €317.4m | 14.4x | 13.7x | 0.7x |
| Sun, 13 Nov 2022 | €4.3b | €6.3b | €330.1m | 12.4x | 13.1x | 0.7x |
| Tue, 11 Oct 2022 | €4.1b | €6.3b | €364.5m | 11.2x | 11.3x | 0.7x |
| Thu, 08 Sep 2022 | €4.5b | €6.3b | €364.5m | 12.4x | 12.3x | 0.7x |
| Sat, 06 Aug 2022 | €5.0b | €6.3b | €364.5m | 13.1x | 13.8x | 0.8x |
| Mon, 04 Jul 2022 | €5.3b | €6.2b | €397.9m | 13.3x | 13.3x | 0.9x |
| Wed, 01 Jun 2022 | €6.4b | €6.2b | €397.9m | 14.6x | 16.2x | 1x |
| Fri, 29 Apr 2022 | €9.8b | €6.8b | €530.5m | 17.1x | 18.5x | 1.4x |
| Sun, 27 Mar 2022 | €10.1b | €6.8b | €530.5m | 18x | 19.1x | 1.5x |
| Tue, 22 Feb 2022 | €10.1b | €6.8b | €499.3m | 19.9x | 20.3x | 1.5x |
| Thu, 20 Jan 2022 | €11.2b | €6.8b | €496.1m | 23.4x | 22.6x | 1.7x |
| Sat, 18 Dec 2021 | €11.5b | €6.8b | €496.1m | 23.2x | 23.2x | 1.7x |
| Mon, 15 Nov 2021 | €11.9b | €6.8b | €496.1m | 23.4x | 23.9x | 1.8x |
| Wed, 13 Oct 2021 | €11.7b | €6.6b | €458.6m | 18.7x | 25.5x | 1.8x |
| Fri, 10 Sep 2021 | €11.7b | €6.6b | €457.6m | 16x | 25.5x | 1.8x |
| Sun, 08 Aug 2021 | €11.6b | €6.6b | €458.5m | 16.6x | 25.4x | 1.8x |
| Sat, 01 May 2021 | €10.3b | €6.2b | €356.8m | 22.1x | 28.7x | 1.7x |
Price to Earnings Ratio
28.7x
Current Industry PE
- Investors are relatively neutral on the Spanish Machinery industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 21.9x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.79x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.2% 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 | 4.83% | |
| Industrials | 1.80% | |
| Machinery | 2.72% | |
| Industrial Machinery | 3.59% | |
| Construction Machinery and Vehicles | 0.61% | |
| Agricultural Machinery | 0% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 22.8x.
- Analysts are expecting annual earnings growth of 23.2%, which is higher than its past year's earnings decline of 11.8% per year.
- Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading below its 3-year average of 20.8x.
Forecasted Growth
- Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 26% over the next 5 years.
- In contrast, the Industrial Machinery industry is expected to see its earnings grow by 23% 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 | €19.95 | 3.8% +€138.6m | 34.9% | PE33.3x | |
| CAF Construcciones y Auxiliar de Ferrocarriles | €32.00 | 0.6% +€6.8m | 17.6% | PE12.3x | |
| TLGO Talgo | €4.40 | 0.6% +€3.1m | 40.1% | PE39.6x | |
| NEA Nicolás Correa | €6.96 | 2.4% +€1.9m | 19.0% | PE8x | |
| AZK Azkoyen | €6.20 | 0.6% +€975.0k | -6.3% | PE8.7x |
