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U.K. (FTSE) Machinery Industry Analysis

UpdatedAug 17, 2026
DataAggregated Company Financials
Companies19
  • 7D-2.6%
  • 3M14.9%
  • 1Y21.2%
  • YTD9.7%

Over the last 7 days, the Machinery industry has dropped 2.6%, driven by a pullback from Spirax Group of 8.2%. In the past year, the industry has gained 21%. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Aug 2026UK£29.8bUK£12.7bUK£1.1b26x27.2x2.4x
Wed, 15 Jul 2026UK£26.1bUK£12.5bUK£1.0b21.9x25.5x2.1x
Fri, 12 Jun 2026UK£25.9bUK£12.5bUK£1.0b22.8x25.8x2.1x
Sun, 10 May 2026UK£26.8bUK£12.4bUK£998.4m22.5x26.8x2.2x
Tue, 07 Apr 2026UK£26.6bUK£12.4bUK£1.0b22.9x26.5x2.1x
Thu, 05 Mar 2026UK£29.7bUK£12.2bUK£969.9m27.1x30.6x2.4x
Sat, 31 Jan 2026UK£30.0bUK£12.2bUK£998.4m28.4x30.1x2.5x
Mon, 29 Dec 2025UK£27.1bUK£12.2bUK£998.5m23.9x27.1x2.2x
Wed, 26 Nov 2025UK£26.4bUK£12.2bUK£983.6m24.2x26.8x2.2x
Fri, 24 Oct 2025UK£26.9bUK£12.4bUK£998.5m23.9x27x2.2x
Sun, 21 Sep 2025UK£25.7bUK£12.4bUK£1.0b23.4x25.5x2.1x
Tue, 19 Aug 2025UK£25.0bUK£12.4bUK£1.0b23.1x24.7x2x
Thu, 17 Jul 2025UK£24.3bUK£12.5bUK£1.1b23.1x22.4x1.9x
Sat, 14 Jun 2025UK£23.9bUK£12.5bUK£1.1b23.2x22.3x1.9x
Mon, 12 May 2025UK£22.9bUK£12.5bUK£1.1b22.7x21.3x1.8x
Wed, 09 Apr 2025UK£20.7bUK£12.5bUK£1.1b19.4x19x1.7x
Fri, 07 Mar 2025UK£25.2bUK£12.6bUK£1.2b20.7x21.5x2x
Sun, 02 Feb 2025UK£25.8bUK£12.6bUK£1.1b22.8x23.6x2x
Tue, 31 Dec 2024UK£23.6bUK£12.6bUK£1.1b21.6x21.5x1.9x
Thu, 28 Nov 2024UK£23.4bUK£12.6bUK£1.1b21.5x21.4x1.9x
Sat, 26 Oct 2024UK£22.8bUK£12.6bUK£1.1b20x20.8x1.8x
Mon, 23 Sep 2024UK£23.9bUK£12.6bUK£1.1b20.4x21.7x1.9x
Wed, 21 Aug 2024UK£23.8bUK£12.6bUK£1.1b20.7x21.7x1.9x
Fri, 19 Jul 2024UK£25.9bUK£12.8bUK£1.1b20.1x23.7x2x
Sun, 16 Jun 2024UK£25.0bUK£12.8bUK£1.1b19.9x22.6x2x
Tue, 14 May 2024UK£26.3bUK£12.8bUK£1.1b20.1x23.8x2.1x
Thu, 11 Apr 2024UK£26.0bUK£12.8bUK£1.1b19.1x23.6x2x
Sat, 09 Mar 2024UK£26.0bUK£12.8bUK£1.1b18x23.2x2x
Mon, 05 Feb 2024UK£26.2bUK£15.8bUK£1.3b17.2x19.8x1.7x
Wed, 03 Jan 2024UK£26.4bUK£15.8bUK£1.3b17.2x19.9x1.7x
Fri, 01 Dec 2023UK£24.9bUK£15.8bUK£1.3b16.6x18.8x1.6x
Sun, 29 Oct 2023UK£22.8bUK£15.8bUK£1.3b14.9x17.2x1.4x
Tue, 26 Sep 2023UK£25.2bUK£15.8bUK£1.3b16.1x19x1.6x
Thu, 24 Aug 2023UK£24.9bUK£15.8bUK£1.3b16x18.7x1.6x
Price to Earnings Ratio

18.7x


Total Market Cap: UK£24.9bTotal Earnings: UK£1.3bTotal Revenue: UK£15.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Machinery Industry Price to Earnings3Y Average 23.4x202420252026
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 27.2x which is higher than its 3-year average PE of 23.4x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 6.2% per year over the last three years,
  • Revenues have also declined 7.0% 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 Market-1.35%
Industrials-0.30%
Machinery-2.65%
Construction Machinery and Vehicles-1.08%
Industrial Machinery-2.65%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 23.6x.
    • Analysts are expecting annual earnings growth of 13.7%, which is lower than the prior year's growth of 22.4% 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 11.0x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 14% over the next 5 years.
  • However this is lower than its past earnings growth rate of 22% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 14% 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
TRI TrifastUK£0.874.6%
+UK£5.1m		9.8%PS0.6x
AVG AvingtransUK£7.281.1%
+UK£2.9m		65.5%PE37.7x
BOY BodycoteUK£9.120.2%
+UK£2.5m		45.7%PE26.4x
XSG Xeros Technology GroupUK£0.01513.7%
+UK£1.5m		11.5%PS51.6x
SOM Somero EnterprisesUK£2.351.1%
+UK£1.3m		4.4%PE16.1x

Latest News

ROR
UK£4.85
Rotork
7D
-0.3%
1Y
41.9%
VSVS
UK£3.93
Vesuvius
7D
-3.1%
1Y
10.5%
Narrative Update • Aug 15

VSVS: Profit Warning And Neutral Downgrade Will Frame Undervalued Rebound Potential

Analysts have trimmed their price target on Vesuvius to £4.20 from a higher prior level, linking the change to a recent profit warning and a shift to a Neutral stance in Street research published earlier this year. What’s in the News for Vesuvius Vesuvius issued earnings guidance for the first half of 2026 with trading profit expected to be £74 million, according to a company key development filing.
SPX
UK£70.20
Spirax Group
7D
-8.2%
1Y
-1.3%
WEIR
UK£26.72
Weir
7D
-3.1%
1Y
10.6%
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...
MGAM
UK£2.48
Morgan Advanced Materials
7D
-2.9%
1Y
22.5%
GDWN
UK£196.20
Goodwin
7D
-1.9%
1Y
104.8%
BOY
UK£9.12
Bodycote
7D
0.2%
1Y
45.7%
Narrative Update • Aug 06

BOY: Post Apollo Exit Tight Margins Will Limit Upside Despite Bid Interest

Analysts have nudged the fair value estimate for Bodycote higher. The updated price target is framed by recent moves in Street targets toward the £8.00 range, supported by research that highlights revised assumptions on discount rates, profit margins and P/E multiples.
IMI
UK£30.84
IMI
7D
-1.8%
1Y
37.1%
Narrative Update • Aug 05

IMI: M&A Pipeline And Growing Dividends Will Support Future Capital Deployment

Analysts have raised their price target for IMI to £31.28 from £30.61, citing updated assumptions for revenue growth, profit margins, a lower discount rate and a revised future P/E multiple. What's in the News for IMI IMI is seeking bolt on acquisitions that fit its existing business model, with management highlighting a strong M&A pipeline focused on differentiated, scalable technology and an expanded installed base and aftermarket presence.
AVG
UK£7.28
Avingtrans
7D
1.1%
1Y
65.5%
TRI
UK£0.87
Trifast
7D
4.6%
1Y
9.8%
New Narrative • Jul 21

Digital Transformation Risks And Slow Sector Shift Will Test Margins Yet Support A Gradual Turnaround

Catalysts About Trifast Trifast is a global provider of engineered fastening products and supply chain solutions to manufacturers across sectors such as automotive, smart infrastructure and medical equipment. What are the underlying business or industry changes driving this perspective?
SOM
UK£2.35
Somero Enterprises
7D
1.1%
1Y
4.4%
JDG
UK£39.00
Judges Scientific
7D
-7.1%
1Y
-38.1%
Narrative Update • Jul 10

JDG: Higher Margin Outlook And Dividend Policy Will Support Upside

Analysts have raised their fair value estimate for Judges Scientific from £40.15 to £56.00, citing updated assumptions on the discount rate, revenue trends, profit margins and future P/E levels. What’s in the News for Judges Scientific Judges Scientific plc appointed RSM UK Audit LLP as external auditor for the financial year ending December 31, 2026, following an extensive tender process.
XSG
UK£0.015
Xeros Technology Group
7D
13.7%
1Y
11.5%
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...