Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.K. (FTSE) Machinery Industry Analysis

UpdatedMay 26, 2026
DataAggregated Company Financials
Companies20
  • 7D3.0%
  • 3M-15.5%
  • 1Y19.8%
  • YTD-1.8%

Over the last 7 days, the Machinery industry has risen 3.0%, driven by gains from Bodycote of 23%. Meanwhile, Judges Scientific actually underperformed within the industry, shrinking 5.1% in the last week. In the last 12 months, the industry was up 20%. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 May 2026UK£26.8bUK£12.5bUK£1.0b26x26.7x2.1x
Thu, 23 Apr 2026UK£28.3bUK£12.4bUK£995.2m23.1x28.5x2.3x
Sat, 21 Mar 2026UK£26.1bUK£12.4bUK£1.0b22.2x26.1x2.1x
Mon, 16 Feb 2026UK£31.5bUK£12.2bUK£999.6m29x31.5x2.6x
Wed, 14 Jan 2026UK£28.6bUK£12.2bUK£998.6m26.9x28.6x2.3x
Fri, 12 Dec 2025UK£27.3bUK£12.2bUK£983.4m24.4x27.7x2.2x
Sun, 09 Nov 2025UK£27.1bUK£12.2bUK£983.4m24x27.5x2.2x
Tue, 07 Oct 2025UK£27.0bUK£12.4bUK£997.9m23.7x27.1x2.2x
Thu, 04 Sep 2025UK£25.2bUK£12.4bUK£1.0b22.9x24.8x2x
Sat, 02 Aug 2025UK£24.2bUK£12.5bUK£1.1b23x22.1x1.9x
Mon, 30 Jun 2025UK£24.3bUK£12.5bUK£1.1b22.6x22.6x1.9x
Wed, 28 May 2025UK£23.0bUK£12.5bUK£1.1b22.4x21.4x1.8x
Fri, 25 Apr 2025UK£21.7bUK£12.5bUK£1.1b20.4x19.9x1.7x
Sun, 23 Mar 2025UK£23.7bUK£12.5bUK£1.1b20.3x21.7x1.9x
Tue, 18 Feb 2025UK£25.2bUK£12.6bUK£1.1b21.9x23.1x2x
Thu, 16 Jan 2025UK£23.5bUK£12.6bUK£1.1b21.6x21.5x1.9x
Sat, 14 Dec 2024UK£24.3bUK£12.6bUK£1.1b21.8x22.2x1.9x
Mon, 11 Nov 2024UK£20.3bUK£12.6bUK£1.1b19.5x18.5x1.6x
Wed, 09 Oct 2024UK£23.5bUK£12.6bUK£1.1b21.1x21.4x1.9x
Fri, 06 Sep 2024UK£23.6bUK£12.6bUK£1.1b20.5x21.6x1.9x
Sun, 04 Aug 2024UK£24.6bUK£12.6bUK£1.1b20x23.2x2x
Tue, 02 Jul 2024UK£24.9bUK£12.8bUK£1.1b19.2x22.8x1.9x
Thu, 30 May 2024UK£26.0bUK£12.8bUK£1.1b20.3x23.6x2x
Sat, 27 Apr 2024UK£25.1bUK£12.8bUK£1.1b18.9x22.7x2x
Mon, 25 Mar 2024UK£26.6bUK£12.8bUK£1.1b19.1x24x2.1x
Wed, 21 Feb 2024UK£25.4bUK£12.9bUK£1.2b17.6x21.2x2x
Fri, 19 Jan 2024UK£25.6bUK£15.8bUK£1.3b17.3x19.3x1.6x
Sun, 17 Dec 2023UK£26.2bUK£15.8bUK£1.3b16.8x19.7x1.7x
Tue, 14 Nov 2023UK£24.0bUK£15.8bUK£1.3b16.1x18.1x1.5x
Thu, 12 Oct 2023UK£24.6bUK£15.8bUK£1.3b16.2x18.6x1.6x
Sat, 09 Sep 2023UK£25.6bUK£15.8bUK£1.3b16x19.3x1.6x
Mon, 07 Aug 2023UK£26.4bUK£15.6bUK£1.3b16.9x19.8x1.7x
Wed, 05 Jul 2023UK£25.6bUK£15.2bUK£1.3b17.5x19.3x1.7x
Fri, 02 Jun 2023UK£26.3bUK£15.2bUK£1.3b17.1x19.8x1.7x
Price to Earnings Ratio

19.8x


Total Market Cap: UK£26.3bTotal Earnings: UK£1.3bTotal Revenue: UK£15.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Machinery Industry Price to Earnings3Y Average 22.9x202420252026
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 26.7x which is higher than its 3-year average PE of 22.9x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 8.9% per year over the last three years,
  • Revenues have also declined 6.3% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

GB Market1.42%
Industrials3.62%
Machinery3.05%
Industrial Machinery3.07%
Construction Machinery and Vehicles-2.70%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 23.0x.
    • Analysts are expecting annual earnings growth of 13.1%, which is higher than its past year's earnings growth of 10.8% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.4x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 13% 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
BOY BodycoteUK£8.3222.6%
+UK£262.0m		50.2%PE25.8x
WEIR Weir GroupUK£25.042.8%
+UK£175.4m		5.4%PE26.2x
IMI IMIUK£27.702.2%
+UK£143.9m		42.2%PE21.4x
SPX Spirax GroupUK£69.752.0%
+UK£103.3m		19.6%PE31.5x
ROR RotorkUK£3.102.9%
+UK£71.7m		-0.2%PE21.9x

Latest News

GDWN
UK£153.80
Goodwin
7D
15.6%
1Y
129.6%
WEIR
UK£24.68
Weir Group
7D
1.3%
1Y
3.9%
New Narrative • May 24

Digital Mining Expansion And Efficiency Gains Will Transform Long Term Earnings Quality

Catalysts About Weir Group Weir Group is a focused technology partner to the mining industry, supplying mission critical engineered equipment and mining software solutions. What are the underlying business or industry changes driving this perspective?
BOY
UK£8.37
Bodycote
7D
23.4%
1Y
51.1%
ROR
UK£3.12
Rotork
7D
3.5%
1Y
0.4%
Analysis Article • May 23

Should You Investigate Rotork plc (LON:ROR) At UK£3.10?

Rotork plc ( LON:ROR ), is not the largest company out there, but it received a lot of attention from a substantial...
JDG
UK£45.80
Judges Scientific
7D
-7.5%
1Y
-41.6%
VSVS
UK£4.65
Vesuvius
7D
6.6%
1Y
29.5%
Narrative Update • May 21

VSVS: Future Returns Will Reflect Balanced Views On Risks And Execution

Vesuvius's analyst price target has been adjusted, with one recent move cutting the target by £0.20 and another lifting it to £4.40, as analysts factor in updated assumptions on discount rates, revenue growth and profit margins. Analyst Commentary Recent research points to a mixed but cautious tone around Vesuvius, with price targets adjusted both up and down as analysts reassess assumptions on growth, margins and discount rates.
FORG
UK£0.00015
Forgent
7D
-3.3%
1Y
-97.5%
IMI
UK£27.96
IMI
7D
3.2%
1Y
43.5%
Narrative Update • May 20

IMI: Share Buybacks And Dividends Will Support Future Capital Returns

Analysts have nudged their price target for IMI slightly higher to £30.53 from £30.25, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E expectations. What's in the News IMI is actively seeking bolt on acquisitions in what it describes as attractive, long term growth markets, with management highlighting a strong M&A pipeline and a focus on deals that meet strict return on capital targets (IMI 2025 Full Year Results Presentation).
SPX
UK£69.50
Spirax Group
7D
1.7%
1Y
19.2%
Analysis Article • May 16

When Should You Buy Spirax Group plc (LON:SPX)?

Spirax Group plc ( LON:SPX ), is not the largest company out there, but it received a lot of attention from a...
LSC
UK£34.00
London Security
7D
6.3%
1Y
-10.5%
XSG
UK£0.017
Xeros Technology Group
7D
-8.3%
1Y
1.5%
Analysis Article • May 08

We Think Xeros Technology Group (LON:XSG) Can Afford To Drive Business Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
SOM
UK£1.80
Somero Enterprises
7D
-2.7%
1Y
-25.6%