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U.K. (FTSE) Machinery Industry Analysis

UpdatedSep 14, 2026
DataAggregated Company Financials
Companies20
  • 7D-2.0%
  • 3M6.8%
  • 1Y14.5%
  • YTD8.0%

Over the last 7 days, the Machinery industry has dropped 2.0%, driven by Goodwin declining 25%. This takes the industry's 12 month performance to a gain of 15%. Looking forward, earnings are forecast to grow by 8.2% annually.

Industry Valuation and Performance

Has the U.K. Machinery Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Sep 2026UK£36.9bUK£15.4bUK£1.3b26x28.1x2.4x
Thu, 13 Aug 2026UK£30.5bUK£12.7bUK£1.1b26.3x27.8x2.4x
Sat, 11 Jul 2026UK£26.0bUK£12.5bUK£1.0b21.6x25.4x2.1x
Mon, 08 Jun 2026UK£26.3bUK£12.5bUK£1.0b23.5x26.2x2.1x
Wed, 06 May 2026UK£26.4bUK£12.4bUK£998.4m21.8x26.5x2.1x
Fri, 03 Apr 2026UK£26.6bUK£12.4bUK£1.0b22.9x26.6x2.1x
Sun, 01 Mar 2026UK£31.8bUK£12.2bUK£1.0b29.2x31.8x2.6x
Tue, 27 Jan 2026UK£30.0bUK£12.2bUK£998.4m28x30.1x2.5x
Thu, 25 Dec 2025UK£27.1bUK£12.2bUK£998.5m23.9x27.1x2.2x
Sat, 22 Nov 2025UK£26.2bUK£12.2bUK£983.6m24.2x26.6x2.1x
Mon, 20 Oct 2025UK£26.0bUK£12.4bUK£998.5m23.2x26x2.1x
Wed, 17 Sep 2025UK£25.6bUK£12.4bUK£1.0b23.4x25.3x2.1x
Fri, 15 Aug 2025UK£25.1bUK£12.4bUK£1.0b23.2x24.8x2x
Sun, 13 Jul 2025UK£24.4bUK£12.5bUK£1.1b23.8x22.5x2x
Tue, 10 Jun 2025UK£23.7bUK£12.5bUK£1.1b23.3x22.1x1.9x
Thu, 08 May 2025UK£22.2bUK£12.5bUK£1.1b22.4x20.6x1.8x
Sat, 05 Apr 2025UK£20.8bUK£12.5bUK£1.1b19.5x19.1x1.7x
Mon, 03 Mar 2025UK£24.8bUK£12.6bUK£1.2b20.4x21.2x2x
Wed, 29 Jan 2025UK£25.0bUK£12.6bUK£1.1b22x22.8x2x
Fri, 27 Dec 2024UK£23.7bUK£12.6bUK£1.1b21.7x21.6x1.9x
Sun, 24 Nov 2024UK£23.4bUK£12.6bUK£1.1b21.5x21.4x1.9x
Tue, 22 Oct 2024UK£23.0bUK£12.6bUK£1.1b19.9x21x1.8x
Thu, 19 Sep 2024UK£23.9bUK£12.6bUK£1.1b19.9x21.8x1.9x
Sat, 17 Aug 2024UK£23.9bUK£12.6bUK£1.1b20.7x21.8x1.9x
Mon, 15 Jul 2024UK£25.9bUK£12.8bUK£1.1b19.8x23.7x2x
Wed, 12 Jun 2024UK£25.4bUK£12.8bUK£1.1b20.1x23x2x
Fri, 10 May 2024UK£26.2bUK£12.8bUK£1.1b20x23.7x2x
Sun, 07 Apr 2024UK£25.7bUK£12.8bUK£1.1b18.9x23.3x2x
Tue, 05 Mar 2024UK£25.3bUK£12.8bUK£1.1b18.5x22.3x2x
Thu, 01 Feb 2024UK£26.1bUK£15.8bUK£1.3b17.2x19.7x1.7x
Sat, 30 Dec 2023UK£26.7bUK£15.8bUK£1.3b17.2x20.1x1.7x
Mon, 27 Nov 2023UK£24.9bUK£15.8bUK£1.3b16.9x18.8x1.6x
Wed, 25 Oct 2023UK£23.2bUK£15.8bUK£1.3b15.5x17.5x1.5x
Fri, 22 Sep 2023UK£25.3bUK£15.8bUK£1.3b15.7x19.2x1.6x
Price to Earnings Ratio

19.2x


Total Market Cap: UK£25.3bTotal Earnings: UK£1.3bTotal Revenue: UK£15.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Machinery Industry Price to Earnings3Y Average 23.6x202420252026
Current Industry PE
  • Investors are optimistic on the British Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 28.1x which is higher than its 3-year average PE of 23.6x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Machinery industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

Which industries have driven the changes within the U.K. Industrials industry?

GB Market-1.80%
Industrials-2.34%
Machinery-2.05%
Construction Machinery and Vehicles4.17%
Industrial Machinery-2.07%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 23.8x.
    • Analysts are expecting annual earnings growth of 8.2%, which is lower than the prior year's growth of 12.3% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading close to its 3-year average of 11.2x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 8.2% over the next 5 years.
  • However this is lower than its past earnings growth rate of 12% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 8.2% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SOM Somero EnterprisesUK£2.587.5%
+UK£9.3m		14.7%PE12.6x
MPAC Mpac GroupUK£3.481.5%
+UK£1.5m		21.9%PS0.6x

Latest News

SOM
UK£2.58
Somero Enterprises
7D
7.5%
1Y
14.7%
IMI
UK£29.66
IMI
7D
-3.3%
1Y
29.7%
New Narrative • Sep 11

Data Center And LNG Reliance Will Threaten Long-Term Earnings Stability

Catalysts About IMI IMI is a global engineering company focused on fluid and motion control solutions across Energy, Automation and Healthcare end markets. What are the underlying business or industry changes driving this perspective?
GDWN
UK£146.20
Goodwin
7D
-27.3%
1Y
34.7%
SMIN
UK£25.06
Smiths Group
7D
-3.7%
1Y
5.9%
Narrative Update • Sep 08

SMIN: Simplified Structure And Buybacks Will Support Balanced Future Repricing

Analysts have lifted the fair value estimate for Smiths Group to £28.58 from £27.90, citing recently raised price targets around £31.00 to £31.50 and expectations that a simplified structure and ongoing buybacks could support margins, returns, and downside protection. Analyst Commentary Recent Street research on Smiths Group points to a generally constructive tone on the shares, with target prices clustered around £31.00 to £31.50 and commentary focused on the impact of the company’s simplified structure and capital return plans.
SPX
UK£67.20
Spirax Group
7D
-3.7%
1Y
-3.4%
Narrative Update • Sep 07

SPX: Future Margin Gains And P/E Reset Will Support Upside

Spirax Group's analyst price targets have shifted, with a reduced internal fair value estimate to £91.00. This aligns with a mixed set of Street updates, where some firms lifted targets following better than expected interim results while another trimmed its target to £84.00.
BOY
UK£9.39
Bodycote
7D
-0.9%
1Y
47.6%
MGAM
UK£2.39
Morgan Advanced Materials
7D
-3.6%
1Y
10.4%
VSVS
UK£3.64
Vesuvius
7D
-4.6%
1Y
-2.4%
MPAC
UK£3.48
Mpac Group
7D
1.5%
1Y
21.9%
WEIR
UK£26.00
Weir
7D
-4.6%
1Y
-0.6%
Analysis Article • Aug 09

Why Weir Group's (LON:WEIR) Shaky Earnings Are Just The Beginning Of Its Problems

The Weir Group PLC's ( LON:WEIR ) stock showed strength, with investors undeterred by its weak earnings report. While...