Spanish (IBEX) Machinery Industry Analysis

Industry Valuation and Performance

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

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 22.4x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Machinery industry have grown 35% per year over the last three years, and revenues for these companies have grown 18% 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 Machinery industry?

Industry PE: Investors are most optimistic about the Construction Machinery and Vehicles industry even though it's trading below its 3-year average PE ratio of 79.6x. However analysts are expecting annual earnings growth of 18%, which is lower than the prior year's growth of 2,327% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Industrial Machinery industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 17.9x.

Forecasted Growth: Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 18% over the next 5 years. Meanwhile, the Industrial Machinery industry is expected to see its earnings grow by 9.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?