Konecranes (HEL:KCR) Is Looking To Continue Growing Its Returns On Capital
Jun 03
Finnish (OMX) Machinery Industry Analysis
UpdatedJun 07, 2024
DataAggregated Company Financials
Companies16
- 7D-1.0%
- 3M12.9%
- 1Y8.7%
- YTD17.0%
Over the last 7 days, the Machinery industry has remained flat. As for the the longer term, the industry is up 9.5% over the past 12 months. Earnings are forecast to grow by 9.6% annually.
Industry Valuation and Performance
Has the Finnish Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 07 Jun 2024 | €59.1b | €37.7b | €2.8b | 20.7x | 21.5x | 1.6x |
| Sun, 05 May 2024 | €57.5b | €37.7b | €2.8b | 17.1x | 20.9x | 1.5x |
| Tue, 02 Apr 2024 | €53.1b | €38.0b | €2.7b | 17x | 19.5x | 1.4x |
| Thu, 29 Feb 2024 | €53.8b | €38.0b | €2.7b | 17.3x | 19.8x | 1.4x |
| Sat, 27 Jan 2024 | €51.5b | €38.5b | €2.5b | 18.9x | 20.3x | 1.3x |
| Mon, 25 Dec 2023 | €50.8b | €38.6b | €2.5b | 18.4x | 20.1x | 1.3x |
| Wed, 22 Nov 2023 | €46.8b | €38.6b | €2.5b | 19.7x | 18.5x | 1.2x |
| Fri, 20 Oct 2023 | €43.3b | €38.7b | €2.4b | 19x | 18.3x | 1.1x |
| Sun, 17 Sep 2023 | €46.8b | €38.7b | €2.4b | 19.8x | 19.8x | 1.2x |
| Tue, 15 Aug 2023 | €48.4b | €38.6b | €2.4b | 22x | 20.5x | 1.3x |
| Thu, 13 Jul 2023 | €52.0b | €37.6b | €2.0b | 27.8x | 25.6x | 1.4x |
| Sat, 10 Jun 2023 | €54.2b | €37.6b | €2.0b | 29.3x | 26.7x | 1.4x |
| Mon, 08 May 2023 | €55.4b | €37.6b | €2.0b | 29.7x | 27.3x | 1.5x |
| Wed, 05 Apr 2023 | €50.3b | €36.2b | €1.6b | 26.9x | 32x | 1.4x |
| Fri, 03 Mar 2023 | €50.9b | €36.2b | €1.6b | 26.3x | 32.4x | 1.4x |
| Sun, 29 Jan 2023 | €52.6b | €35.2b | €1.6b | 29.9x | 31.9x | 1.5x |
| Tue, 27 Dec 2022 | €48.2b | €35.0b | €1.7b | 26.9x | 29.2x | 1.4x |
| Thu, 24 Nov 2022 | €46.7b | €35.0b | €1.7b | 25x | 28.3x | 1.3x |
| Sat, 22 Oct 2022 | €40.0b | €33.2b | €1.8b | 25.5x | 21.9x | 1.2x |
| Mon, 19 Sep 2022 | €42.0b | €33.2b | €1.8b | 26.7x | 23x | 1.3x |
| Wed, 17 Aug 2022 | €44.6b | €33.2b | €1.8b | 28.6x | 24.4x | 1.3x |
| Fri, 15 Jul 2022 | €42.7b | €32.3b | €2.0b | 16.6x | 21.3x | 1.3x |
| Sun, 12 Jun 2022 | €46.5b | €32.3b | €2.0b | 20.8x | 23.2x | 1.4x |
| Tue, 10 May 2022 | €41.8b | €32.3b | €2.0b | 19.1x | 20.8x | 1.3x |
| Thu, 07 Apr 2022 | €46.7b | €32.1b | €2.3b | 22.3x | 20.3x | 1.5x |
| Sat, 05 Mar 2022 | €46.3b | €32.1b | €2.3b | 21.3x | 20.1x | 1.4x |
| Mon, 31 Jan 2022 | €56.8b | €31.1b | €2.2b | 28.3x | 25.7x | 1.8x |
| Wed, 29 Dec 2021 | €63.1b | €31.1b | €2.2b | 32.1x | 28.5x | 2x |
| Fri, 26 Nov 2021 | €61.5b | €31.1b | €2.2b | 30.3x | 27.8x | 2x |
| Sun, 24 Oct 2021 | €58.4b | €30.7b | €1.9b | 29.9x | 30.4x | 1.9x |
| Tue, 21 Sep 2021 | €58.7b | €30.7b | €1.9b | 26.9x | 30.5x | 1.9x |
| Thu, 19 Aug 2021 | €64.4b | €30.7b | €1.9b | 29.8x | 33.5x | 2.1x |
Price to Earnings Ratio
34.2x
Current Industry PE
- Investors are pessimistic on the Finnish 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 21.6x which is lower than its 3-year average PE of 24.9x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 7.1% 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 Finnish Industrials industry?
| FI Market | -0.29% | |
| Industrials | -0.72% | |
| Machinery | -0.97% | |
| Agricultural Machinery | 0.37% | |
| Industrial Machinery | -0.81% | |
| Construction Machinery and Vehicles | -1.98% | |
Industry PE
- Investors are most optimistic about the Agricultural Machinery industry which is trading above its 3-year average PE ratio of 19.9x.
- Analysts are expecting annual earnings growth of 38.7%, which is higher than its past year's earnings decline of 68.8% per year.
- Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading below its 3-year average of 24.9x.
Forecasted Growth
- Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 39% over the next 5 years.
- This is better than its past earnings decline of 69% per year.
- In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 8.7% 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 | |
|---|---|---|---|---|---|
| KCR Konecranes | €52.95 | 0.7% +€27.7m | 47.0% | PE14.9x | |
| CTH1V Componenta | €3.30 | 15.8% +€4.4m | 11.5% | PE20.7x | |
| PON1V Ponsse Oyj | €24.40 | 0.4% +€2.8m | -16.6% | PE54.4x | |
| RAUTE Raute Oyj | €11.30 | 3.7% +€2.4m | 18.9% | PE31.4x | |
| NORRH Norrhydro Group Oyj | €1.80 | 3.2% +€609.7k | -37.9% | PS0.7x |
