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U.K. (FTSE) Industrial Machinery Industry Analysis

UpdatedMar 05, 2026
DataAggregated Company Financials
Companies19
  • 7D-6.9%
  • 3M8.6%
  • 1Y22.1%
  • YTDn/a

Over the last 7 days, the Industrial Machinery industry has dropped 4.9%, driven by a pullback from Weir Group of 14%. This takes the industry's 12 month performance to a gain of 28%. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Mar 2026UK£29.6bUK£12.1bUK£960.1m28x30.8x2.4x
Sat, 31 Jan 2026UK£29.9bUK£12.2bUK£988.9m28.7x30.2x2.5x
Mon, 29 Dec 2025UK£27.0bUK£12.2bUK£988.8m24.6x27.3x2.2x
Wed, 26 Nov 2025UK£26.3bUK£12.1bUK£973.7m24.4x27x2.2x
Fri, 24 Oct 2025UK£26.8bUK£12.4bUK£988.7m24x27.1x2.2x
Sun, 21 Sep 2025UK£25.6bUK£12.3bUK£999.7m25.8x25.6x2.1x
Tue, 19 Aug 2025UK£24.9bUK£12.3bUK£1.0b25.8x24.9x2x
Thu, 17 Jul 2025UK£24.2bUK£12.4bUK£1.1b23.2x22.6x1.9x
Sat, 14 Jun 2025UK£23.8bUK£12.4bUK£1.1b23.4x22.5x1.9x
Mon, 12 May 2025UK£22.7bUK£12.4bUK£1.1b23.7x21.5x1.8x
Wed, 09 Apr 2025UK£20.5bUK£12.4bUK£1.1b20.3x19.1x1.7x
Fri, 07 Mar 2025UK£25.0bUK£12.5bUK£1.2b21x21.7x2x
Sun, 02 Feb 2025UK£25.7bUK£12.5bUK£1.1b24.8x23.8x2x
Tue, 31 Dec 2024UK£23.4bUK£12.5bUK£1.1b22.1x21.7x1.9x
Thu, 28 Nov 2024UK£23.2bUK£12.5bUK£1.1b23.4x21.5x1.9x
Sat, 26 Oct 2024UK£22.6bUK£12.5bUK£1.1b20.2x20.9x1.8x
Mon, 23 Sep 2024UK£23.7bUK£12.5bUK£1.1b20.5x21.8x1.9x
Wed, 21 Aug 2024UK£23.6bUK£12.5bUK£1.1b20.9x21.8x1.9x
Fri, 19 Jul 2024UK£25.7bUK£12.7bUK£1.1b20.2x23.9x2x
Sun, 16 Jun 2024UK£24.8bUK£12.7bUK£1.1b20.2x22.8x2x
Tue, 14 May 2024UK£26.1bUK£12.7bUK£1.1b20.5x24x2.1x
Thu, 11 Apr 2024UK£25.8bUK£12.7bUK£1.1b19.6x23.8x2x
Sat, 09 Mar 2024UK£25.8bUK£12.7bUK£1.1b18.7x23.5x2x
Mon, 05 Feb 2024UK£26.1bUK£15.7bUK£1.3b17.8x19.9x1.7x
Wed, 03 Jan 2024UK£26.2bUK£15.7bUK£1.3b17.4x20.1x1.7x
Fri, 01 Dec 2023UK£24.7bUK£15.7bUK£1.3b16.7x18.9x1.6x
Sun, 29 Oct 2023UK£22.7bUK£15.7bUK£1.3b15.2x17.4x1.4x
Tue, 26 Sep 2023UK£25.1bUK£15.7bUK£1.3b16.5x19.2x1.6x
Thu, 24 Aug 2023UK£24.7bUK£15.7bUK£1.3b16.7x19x1.6x
Sat, 22 Jul 2023UK£26.4bUK£15.1bUK£1.3b17.9x20.4x1.7x
Mon, 19 Jun 2023UK£26.7bUK£15.0bUK£1.3b17.3x20.5x1.8x
Wed, 17 May 2023UK£26.5bUK£15.0bUK£1.3b18.1x20.4x1.8x
Fri, 14 Apr 2023UK£26.4bUK£14.9bUK£1.3b17.1x20.4x1.8x
Sun, 12 Mar 2023UK£26.4bUK£14.8bUK£1.3b17.3x20.5x1.8x
Price to Earnings Ratio

20.5x


Total Market Cap: UK£26.4bTotal Earnings: UK£1.3bTotal Revenue: UK£14.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Industrial Machinery Industry Price to Earnings3Y Average 22.5x202420252026
Current Industry PE
  • Investors are optimistic on the British Industrial Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 30.4x which is higher than its 3-year average PE of 22.5x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Industrial Machinery industry have declined 8.3% per year over the last three years,
  • Revenues have also declined 6.5% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.K. Industrial Machinery compare with similar industries?

GB Market-2.48%
Industrials0.77%
Machinery-6.87%
Industrial Machinery-6.89%
Construction Machinery and Vehicles0%0
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
LSC London SecurityUK£24.004.3%
+UK£12.3m		-33.3%PE14.2x
MCON Mincon GroupUK£0.546.9%
+UK£7.4m		50.0%PE26.1x
CPH2 Clean Power HydrogenUK£0.0485.6%
+UK£886.1k		-28.6%PS4208.8x

Latest News

WEIR
UK£30.40
Weir Group
7D
-14.3%
1Y
24.6%
MGAM
UK£2.09
Morgan Advanced Materials
7D
-14.2%
1Y
-1.6%
BOY
UK£7.30
Bodycote
7D
-6.6%
1Y
14.2%

BOY: Updated Assumptions Will Tighten Room For Error Around Margins

Narrative update Analysts have raised their price target on Bodycote by £1.00, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E. These changes are intended to bring the target more closely in line with their latest research.
IMI
UK£27.98
IMI
7D
-2.4%
1Y
37.0%

IMI: Slightly Higher Fair Value And P/E Assumptions Will Guide Outlook

The analyst price target for IMI has shifted slightly to reflect an updated fair value of £29.03. Analysts attribute this to small adjustments in the discount rate, revenue growth, profit margin expectations, and a higher assumed future P/E multiple.
VSVS
UK£4.56
Vesuvius
7D
-9.4%
1Y
11.1%

VSVS: Recent Upgrade Momentum Will Support A Balanced Fairly Valued Outlook

The analyst price target for Vesuvius has been raised by £0.60, with analysts highlighting recent upgrades and supportive research commentary as key factors behind this adjustment. Analyst Commentary Bullish Takeaways Bullish analysts view the recent £0.60 price target adjustment as a sign that their expectations for execution and earnings power are being recalibrated upward, which they see as supportive for the current valuation framework.
MCON
UK£0.54
Mincon Group
7D
6.9%
1Y
50.0%
SPX
UK£75.45
Spirax Group
7D
-3.8%
1Y
4.1%

SPX: Stable Assumptions And Modest Uplift Will Guide Future Share Price

Analysts lifted their price target on Spirax Group by £3.50, citing updated assumptions that leave fair value, discount rate, revenue growth, profit margin, and future P/E expectations broadly in line with prior estimates. Analyst Commentary Analysts reviewing the updated price target for Spirax Group are largely treating the move as a fine tuning exercise, with valuation inputs and long term assumptions kept broadly consistent.
ROR
UK£3.72
Rotork
7D
-3.2%
1Y
15.1%

ROR: Fair Outlook Will Rely On Margin Delivery And Higher Future P/E Assumptions

Analysts have raised their fair value estimate for Rotork from £3.92 to £3.99 per share, reflecting updated assumptions on discount rates, margins, and a slightly higher future P/E, in line with recent positive Street research and price target changes. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher fair value estimate of £3.99 per share as consistent with recent positive research and higher price targets, which they see as support for the current valuation assumptions.
GDWN
UK£244.00
Goodwin
7D
-2.0%
1Y
262.0%
LSC
UK£24.00
London Security
7D
4.3%
1Y
-33.3%
CPH2
UK£0.048
Clean Power Hydrogen
7D
5.6%
1Y
-28.6%