Narrative Update • May 17

The Machinery industry has stayed flat over the last week. As for the the longer term, the industry is up 16% over the past 12 months. Looking forward, earnings are forecast to grow by 11% annually.
Has the Finnish Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 20 May 2026 | €76.1b | €37.6b | €3.1b | 23.8x | 24.6x | 2x |
| Fri, 17 Apr 2026 | €83.3b | €37.6b | €3.1b | 20.2x | 26.7x | 2.2x |
| Sun, 15 Mar 2026 | €78.9b | €37.6b | €3.1b | 20.1x | 25.2x | 2.1x |
| Tue, 10 Feb 2026 | €84.9b | €37.3b | €3.1b | 21.8x | 27.7x | 2.3x |
| Thu, 08 Jan 2026 | €84.7b | €37.3b | €3.0b | 21.9x | 28.3x | 2.3x |
| Sat, 06 Dec 2025 | €79.8b | €37.3b | €3.0b | 21.6x | 26.7x | 2.1x |
| Mon, 03 Nov 2025 | €76.8b | €37.3b | €3.0b | 20.6x | 25.7x | 2.1x |
| Wed, 01 Oct 2025 | €71.9b | €37.3b | €2.9b | 19.4x | 24.4x | 1.9x |
| Fri, 29 Aug 2025 | €70.1b | €37.4b | €3.0b | 20.7x | 23.7x | 1.9x |
| Sun, 27 Jul 2025 | €70.9b | €37.4b | €3.0b | 23.3x | 24x | 1.9x |
| Tue, 24 Jun 2025 | €65.1b | €37.3b | €3.0b | 20.7x | 21.9x | 1.7x |
| Thu, 22 May 2025 | €66.0b | €37.3b | €3.0b | 19.4x | 22.3x | 1.8x |
| Sat, 19 Apr 2025 | €56.4b | €36.9b | €2.9b | 17.8x | 19.5x | 1.5x |
| Mon, 17 Mar 2025 | €63.9b | €36.9b | €2.9b | 20.8x | 22.1x | 1.7x |
| Wed, 12 Feb 2025 | €62.3b | €40.0b | €3.1b | 17.1x | 20.1x | 1.6x |
| Fri, 10 Jan 2025 | €57.3b | €39.5b | €3.1b | 15.6x | 18.7x | 1.4x |
| Sun, 08 Dec 2024 | €59.5b | €39.5b | €3.1b | 15.1x | 19.5x | 1.5x |
| Tue, 05 Nov 2024 | €59.7b | €39.5b | €3.1b | 14.9x | 19.5x | 1.5x |
| Thu, 03 Oct 2024 | €64.2b | €39.4b | €3.0b | 16.3x | 21.5x | 1.6x |
| Sat, 31 Aug 2024 | €60.1b | €39.4b | €3.0b | 15.8x | 20.1x | 1.5x |
| Mon, 29 Jul 2024 | €57.8b | €39.6b | €3.0b | 15.9x | 19x | 1.5x |
| Wed, 26 Jun 2024 | €58.0b | €37.7b | €2.8b | 19.7x | 21.1x | 1.5x |
| Fri, 24 May 2024 | €60.9b | €37.7b | €2.8b | 18.1x | 22.1x | 1.6x |
| Sun, 21 Apr 2024 | €53.9b | €38.0b | €2.7b | 17.4x | 19.8x | 1.4x |
| Tue, 19 Mar 2024 | €52.7b | €38.0b | €2.7b | 16.3x | 19.4x | 1.4x |
| Thu, 15 Feb 2024 | €52.7b | €38.4b | €2.7b | 18.6x | 19.3x | 1.4x |
| Sat, 13 Jan 2024 | €51.4b | €38.6b | €2.5b | 18.9x | 20.3x | 1.3x |
| Mon, 11 Dec 2023 | €47.9b | €38.6b | €2.5b | 18.7x | 18.9x | 1.2x |
| Wed, 08 Nov 2023 | €45.7b | €38.6b | €2.5b | 18.7x | 18x | 1.2x |
| Fri, 06 Oct 2023 | €44.1b | €38.7b | €2.4b | 19.9x | 18.6x | 1.1x |
| Sun, 03 Sep 2023 | €47.9b | €38.7b | €2.4b | 19.6x | 20.2x | 1.2x |
| Tue, 01 Aug 2023 | €50.4b | €38.6b | €2.4b | 23.6x | 21.4x | 1.3x |
| Thu, 29 Jun 2023 | €51.7b | €37.6b | €2.0b | 28.4x | 25.5x | 1.4x |
| Sat, 27 May 2023 | €52.1b | €37.6b | €2.0b | 28.4x | 25.7x | 1.4x |
25.7x
Which industries have driven the changes within the Finnish Industrials industry?
| FI Market | 2.12% | |
| Industrials | 0.20% | |
| Machinery | 0.15% | |
| Construction Machinery and Vehicles | 0.60% | |
| Industrial Machinery | 0.073% | |
| Agricultural Machinery | -1.38% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KNEBV KONE Oyj | €51.36 | 1.8% +€466.5m | -9.2% | PE27.2x | |
| VALMT Valmet Oyj | €22.86 | 2.6% +€106.9m | -19.8% | PE16.6x | |
| METSO Metso Oyj | €14.98 | 0.6% +€74.5m | 43.1% | PE25.7x | |
| KCR Konecranes | €26.72 | 0.5% +€33.3m | 18.5% | PE16.1x | |
| ELEAV Elecster Oyj | €2.60 | 0.8% +€75.0k | -18.2% | PS0.3x |