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
Sun, 21 Jun 2026	€6.7b	€7.8b	€258.7m	14.2x	25.8x	0.9x
Tue, 19 May 2026	€6.5b	€7.8b	€255.7m	13.9x	25.4x	0.8x
Thu, 16 Apr 2026	€6.8b	€7.8b	€253.9m	13.8x	26.8x	0.9x
Sat, 14 Mar 2026	€6.5b	€7.8b	€254.2m	12.8x	25.5x	0.8x
Mon, 09 Feb 2026	€7.5b	€7.7b	€169.5m	12.6x	44.4x	1x
Wed, 07 Jan 2026	€7.6b	€7.7b	€169.5m	12.6x	44.7x	1x
Fri, 05 Dec 2025	€7.0b	€7.7b	€169.5m	12.3x	41.4x	0.9x
Sun, 02 Nov 2025	€7.4b	€7.5b	€134.8m	11.5x	54.7x	1x
Tue, 30 Sep 2025	€6.8b	€7.6b	€213.9m	12.7x	32x	0.9x
Thu, 28 Aug 2025	€7.2b	€7.6b	€217.2m	13.9x	33x	0.9x
Sat, 26 Jul 2025	€7.0b	€7.6b	€191.8m	14x	36.6x	0.9x
Mon, 23 Jun 2025	€6.3b	€7.6b	€191.8m	12.8x	33x	0.8x
Wed, 21 May 2025	€6.6b	€7.6b	€190.0m	12.8x	34.8x	0.9x
Fri, 18 Apr 2025	€5.8b	€7.5b	€170.0m	12x	34.4x	0.8x
Sun, 16 Mar 2025	€6.2b	€7.5b	€170.3m	12x	36.6x	0.8x
Tue, 11 Feb 2025	€6.5b	€7.3b	€282.3m	12.7x	23x	0.9x
Thu, 09 Jan 2025	€6.4b	€7.3b	€282.3m	12.2x	22.7x	0.9x
Sat, 07 Dec 2024	€6.8b	€7.3b	€282.3m	11.9x	24x	0.9x
Mon, 04 Nov 2024	€6.9b	€7.3b	€292.0m	11.8x	23.5x	0.9x
Wed, 02 Oct 2024	€6.3b	€7.3b	€284.8m	11.3x	22.2x	0.9x
Fri, 30 Aug 2024	€6.2b	€7.2b	€282.0m	11x	22x	0.9x
Sun, 28 Jul 2024	€5.9b	€7.0b	€246.6m	13.3x	24.1x	0.8x
Tue, 25 Jun 2024	€6.2b	€7.0b	€246.6m	13.3x	25.1x	0.9x
Thu, 23 May 2024	€6.6b	€7.0b	€246.6m	12.3x	26.6x	0.9x
Sat, 20 Apr 2024	€5.6b	€7.0b	€247.8m	12.3x	22.6x	0.8x
Mon, 18 Mar 2024	€6.2b	€7.0b	€247.3m	12.9x	24.9x	0.9x
Wed, 14 Feb 2024	€5.9b	€6.8b	€194.4m	12.8x	30.5x	0.9x
Fri, 12 Jan 2024	€5.5b	€6.8b	€193.5m	12.3x	28.6x	0.8x
Sun, 10 Dec 2023	€5.4b	€6.8b	€192.9m	12.5x	28.1x	0.8x
Tue, 07 Nov 2023	€5.0b	€6.6b	€179.1m	13.7x	28.2x	0.8x
Thu, 05 Oct 2023	€5.3b	€6.6b	€187.7m	14.1x	28.3x	0.8x
Sat, 02 Sep 2023	€5.9b	€6.6b	€186.3m	21.3x	31.4x	0.9x
Mon, 31 Jul 2023	€5.7b	€6.6b	€187.0m	19.7x	30.5x	0.9x
Wed, 28 Jun 2023	€4.9b	€6.6b	€209.0m	19.8x	23.4x	0.7x

Current Industry PE

Investors are pessimistic on the Spanish 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 25.8x which is lower than its 3-year average PE of 30.1x.

The industry is trading close to its 3-year average PS ratio of 0.87x.

Past Earnings Growth

The earnings for companies in the Machinery industry have grown 7.4% per year over the last three years.
Revenues for these companies have grown 6.1% 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 Spanish Industrials industry?


ES Market	2.50%
Industrials	2.89%
Machinery	1.67%
Industrial Machinery	2.43%
Construction Machinery and Vehicles	0.42%

Industry PE

Investors are most optimistic about the Construction Machinery and Vehicles industry which is trading above its 3-year average PE ratio of 6.8x.

Analysts are expecting annual earnings growth of 32.9%, which is higher than its past year's earnings growth of 29.2% per year.

Investors are most pessimistic about the Industrial Machinery industry, which is trading below its 3-year average of 27.4x.

Forecasted Growth

Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 33% over the next 5 years.
This is roughly in line with its past earnings growth rate.

In contrast, the Industrial Machinery industry is expected to see its earnings grow by 16% 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	€19.19	2.0% +€72.2m	-8.1%	PE21x
AZK Azkoyen	€13.30	6.0% +€18.3m	45.5%	PE18.7x
CAF Construcciones y Auxiliar de Ferrocarriles	€62.50	0.8% +€17.1m	36.0%	PE14.2x
DESA Desarrollos Especiales de Sistemas de Anclaje	€25.00	19.0% +€7.1m	63.4%	PE11.1x
NBI NBI Bearings Europe	€3.10	2.6% +€972.3k	-5.5%	PS0.8x

Company

Last Price

Valuation

FDR Fluidra

€19.19

2.0%
+€72.2m

-8.1%

PE21x

AZK Azkoyen

€13.30

6.0%
+€18.3m

45.5%

PE18.7x

CAF Construcciones y Auxiliar de Ferrocarriles

€62.50

0.8%
+€17.1m

36.0%

PE14.2x

DESA Desarrollos Especiales de Sistemas de Anclaje

€25.00

19.0%
+€7.1m

63.4%

PE11.1x

NBI NBI Bearings Europe

€3.10

2.6%
+€972.3k

-5.5%

PS0.8x

Fluidra Announces Chief Financial Officer Changes

Fluidra announced that its Board of Directors has appointed Juan Graham as Chief Financial Officer. Graham will join the company and Fluidra’s Executive Committee on 1 June 2026, working closely with Xavier Tintoré over the coming months to ensure a smooth and well-coordinated transition. Xavier will step down as Chief Financial Officer on 1 August 2026 and will continue supporting the company until the end of the year as part of the transition. The appointment follows a planned and orderly succession process linked to Xavier Tintoré’s decision to begin a new professional and personal chapter after 16 years as Fluidra’s CFO. Juan Graham brings more than 25 years of international experience in senior finance roles, combining strong functional expertise with hands-on operational leadership. He spent nearly two decades at Johnson & Johnson, where he held senior leadership positions across consumer health, supply chain operations, treasury, mergers and acquisitions, and global finance. His experience includes leading finance organizations of significant scale and complexity, including supporting a business with more than $14 billion in annual revenue. Most recently, Graham served as CFO of U.S.-listed companies including FibroGen and Perspective Therapeutics, where he led finance, investor relations, IT and strategic planning functions through periods of transformation and growth. Tintoré has been a key figure in Fluidra’s transformation over the past 16 years, playing a central role not only in the company’s financial leadership, but also across strategy, investor relations, integration and transformation initiatives and several corporate functions. He was instrumental through some of the company’s most important milestones, including the merger with Zodiac, Fluidra’s inclusion in the IBEX 35, the company’s international expansion and numerous strategic acquisitions.

Spanish (IBEX) Machinery Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Dividend of €1.23 announced

Investor sentiment improves as stock rises 19%

Price target decreased by 7.3% to €3.36

Fluidra Announces Chief Financial Officer Changes

Steady recovery expected as NBI Bearings Europe EBITDA margins show growth

Azkoyen, S.A., Annual General Meeting, Jun 09, 2026