Narrative Update • May 24

In the last week, the Machinery industry is up 3.5%, with Fluidra up 4.1%. Overall in the last year, the industry is flat. 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 |
|---|---|---|---|---|---|---|
| Thu, 18 Jun 2026 | €6.7b | €7.8b | €258.6m | 14.2x | 25.8x | 0.9x |
| Sat, 16 May 2026 | €6.5b | €7.8b | €255.7m | 14x | 25.4x | 0.8x |
| Mon, 13 Apr 2026 | €6.9b | €7.8b | €253.9m | 13.9x | 27.1x | 0.9x |
| Wed, 11 Mar 2026 | €6.7b | €7.8b | €254.2m | 12.6x | 26.4x | 0.9x |
| Fri, 06 Feb 2026 | €7.4b | €7.7b | €169.5m | 12.6x | 43.8x | 1x |
| Sun, 04 Jan 2026 | €7.2b | €7.7b | €169.5m | 12.6x | 42.7x | 0.9x |
| Tue, 02 Dec 2025 | €7.0b | €7.7b | €169.5m | 12.3x | 41.5x | 0.9x |
| Thu, 30 Oct 2025 | €7.0b | €7.5b | €134.8m | 11.2x | 52.1x | 0.9x |
| Sat, 27 Sep 2025 | €6.8b | €7.6b | €213.9m | 12.7x | 31.7x | 0.9x |
| Mon, 25 Aug 2025 | €7.3b | €7.6b | €217.2m | 14.1x | 33.5x | 1x |
| Wed, 23 Jul 2025 | €6.8b | €7.6b | €191.8m | 13.3x | 35.4x | 0.9x |
| Fri, 20 Jun 2025 | €6.3b | €7.6b | €191.8m | 13x | 32.9x | 0.8x |
| Sun, 18 May 2025 | €6.6b | €7.6b | €190.0m | 12.8x | 34.6x | 0.9x |
| Tue, 15 Apr 2025 | €5.7b | €7.5b | €170.0m | 11.8x | 33.6x | 0.8x |
| Thu, 13 Mar 2025 | €6.3b | €7.5b | €170.3m | 11.9x | 37x | 0.8x |
| Sat, 08 Feb 2025 | €6.5b | €7.3b | €282.3m | 12.6x | 22.8x | 0.9x |
| Mon, 06 Jan 2025 | €6.4b | €7.3b | €282.3m | 12.1x | 22.7x | 0.9x |
| Wed, 04 Dec 2024 | €6.7b | €7.3b | €282.3m | 11.8x | 23.7x | 0.9x |
| Fri, 01 Nov 2024 | €6.4b | €7.3b | €284.8m | 11.6x | 22.4x | 0.9x |
| Sun, 29 Sep 2024 | €6.5b | €7.3b | €284.8m | 11.5x | 22.7x | 0.9x |
| Tue, 27 Aug 2024 | €6.2b | €7.2b | €282.0m | 11x | 22.1x | 0.9x |
| Thu, 25 Jul 2024 | €5.8b | €7.0b | €246.6m | 13.3x | 23.7x | 0.8x |
| Sat, 22 Jun 2024 | €6.2b | €7.0b | €246.6m | 13.2x | 24.9x | 0.9x |
| Mon, 20 May 2024 | €6.6b | €7.0b | €246.6m | 12.6x | 26.6x | 0.9x |
| Wed, 17 Apr 2024 | €5.6b | €7.0b | €247.8m | 12.2x | 22.7x | 0.8x |
| Fri, 15 Mar 2024 | €6.2b | €7.0b | €247.3m | 12.9x | 25x | 0.9x |
| Sun, 11 Feb 2024 | €6.0b | €6.8b | €194.0m | 19x | 30.9x | 0.9x |
| Tue, 09 Jan 2024 | €5.5b | €6.8b | €192.9m | 12.6x | 28.5x | 0.8x |
| Thu, 07 Dec 2023 | €5.4b | €6.8b | €192.9m | 12.2x | 27.9x | 0.8x |
| Sat, 04 Nov 2023 | €5.1b | €6.6b | €179.1m | 13.8x | 28.5x | 0.8x |
| Mon, 02 Oct 2023 | €5.4b | €6.6b | €187.7m | 14.4x | 28.9x | 0.8x |
| Wed, 30 Aug 2023 | €5.8b | €6.6b | €186.3m | 21.2x | 31.2x | 0.9x |
| Fri, 28 Jul 2023 | €5.2b | €6.6b | €208.2m | 20.3x | 25.2x | 0.8x |
| Sun, 25 Jun 2023 | €4.8b | €6.6b | €209.0m | 19.8x | 23.2x | 0.7x |
23.2x
Which industries have driven the changes within the Spanish Industrials industry?
| ES Market | 5.92% | |
| Industrials | 7.29% | |
| Machinery | 3.49% | |
| Industrial Machinery | 4.05% | |
| Construction Machinery and Vehicles | 2.57% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FDR Fluidra | €19.23 | 4.1% +€144.3m | -9.5% | PE21x | |
| CAF Construcciones y Auxiliar de Ferrocarriles | €62.30 | 3.1% +€65.1m | 33.0% | PE14.2x | |
| AZK Azkoyen | €13.10 | 3.6% +€11.0m | 41.5% | PE18.4x | |
| DESA Desarrollos Especiales de Sistemas de Anclaje | €25.00 | 19.0% +€7.1m | 63.4% | PE11.3x | |
| NBI NBI Bearings Europe | €3.10 | 2.0% +€729.2k | -7.7% | PS0.8x |