Narrative Update • May 29

Last week, the Machinery industry hasn't moved much but Goodwin is up 8.0% in that time. The past year has been better, since the industry has gained 18% in that time. As for the next few years, earnings are expected to grow by 13% per annum.
Has the U.K. Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 01 Jun 2026 | UK£26.7b | UK£12.5b | UK£1.0b | 25.4x | 26.7x | 2.1x |
| Wed, 29 Apr 2026 | UK£27.3b | UK£12.4b | UK£998.2m | 22.1x | 27.3x | 2.2x |
| Fri, 27 Mar 2026 | UK£26.3b | UK£12.4b | UK£1.0b | 23.6x | 26.3x | 2.1x |
| Sun, 22 Feb 2026 | UK£31.8b | UK£12.2b | UK£999.7m | 28.8x | 31.9x | 2.6x |
| Tue, 20 Jan 2026 | UK£29.0b | UK£12.2b | UK£998.6m | 27.1x | 29.1x | 2.4x |
| Thu, 18 Dec 2025 | UK£26.7b | UK£12.2b | UK£998.5m | 24.2x | 26.8x | 2.2x |
| Sat, 15 Nov 2025 | UK£27.0b | UK£12.2b | UK£983.4m | 25.3x | 27.5x | 2.2x |
| Mon, 13 Oct 2025 | UK£26.5b | UK£12.4b | UK£998.5m | 23.6x | 26.6x | 2.1x |
| Wed, 10 Sep 2025 | UK£25.7b | UK£12.4b | UK£1.0b | 23.2x | 25.4x | 2.1x |
| Fri, 08 Aug 2025 | UK£24.4b | UK£12.5b | UK£1.1b | 22.8x | 22.9x | 2x |
| Sun, 06 Jul 2025 | UK£24.2b | UK£12.5b | UK£1.1b | 22.5x | 22.5x | 1.9x |
| Tue, 03 Jun 2025 | UK£23.0b | UK£12.5b | UK£1.1b | 22.3x | 21.4x | 1.8x |
| Thu, 01 May 2025 | UK£21.7b | UK£12.5b | UK£1.1b | 20.6x | 20x | 1.7x |
| Sat, 29 Mar 2025 | UK£23.4b | UK£12.5b | UK£1.1b | 20x | 21.5x | 1.9x |
| Mon, 24 Feb 2025 | UK£24.8b | UK£12.6b | UK£1.1b | 21.8x | 22.7x | 2x |
| Wed, 22 Jan 2025 | UK£24.8b | UK£12.6b | UK£1.1b | 22.1x | 22.7x | 2x |
| Fri, 20 Dec 2024 | UK£23.7b | UK£12.6b | UK£1.1b | 21.7x | 21.6x | 1.9x |
| Sun, 17 Nov 2024 | UK£22.9b | UK£12.6b | UK£1.1b | 21.1x | 20.9x | 1.8x |
| Tue, 15 Oct 2024 | UK£23.4b | UK£12.6b | UK£1.1b | 20.6x | 21.4x | 1.9x |
| Thu, 12 Sep 2024 | UK£23.7b | UK£12.6b | UK£1.1b | 20.5x | 21.7x | 1.9x |
| Sat, 10 Aug 2024 | UK£23.7b | UK£12.6b | UK£1.1b | 20.3x | 21.6x | 1.9x |
| Mon, 08 Jul 2024 | UK£25.3b | UK£12.8b | UK£1.1b | 19.4x | 23.2x | 2x |
| Wed, 05 Jun 2024 | UK£25.7b | UK£12.8b | UK£1.1b | 20.2x | 23.3x | 2x |
| Fri, 03 May 2024 | UK£25.2b | UK£12.8b | UK£1.1b | 19.2x | 22.8x | 2x |
| Sun, 31 Mar 2024 | UK£26.1b | UK£12.8b | UK£1.1b | 18.9x | 23.5x | 2x |
| Tue, 27 Feb 2024 | UK£25.5b | UK£12.9b | UK£1.2b | 17.2x | 21.2x | 2x |
| Thu, 25 Jan 2024 | UK£25.8b | UK£15.8b | UK£1.3b | 17.2x | 19.4x | 1.6x |
| Sat, 23 Dec 2023 | UK£26.6b | UK£15.8b | UK£1.3b | 17.2x | 20x | 1.7x |
| Mon, 20 Nov 2023 | UK£24.7b | UK£15.8b | UK£1.3b | 15.9x | 18.6x | 1.6x |
| Wed, 18 Oct 2023 | UK£24.0b | UK£15.8b | UK£1.3b | 16.5x | 18.1x | 1.5x |
| Fri, 15 Sep 2023 | UK£25.6b | UK£15.8b | UK£1.3b | 16x | 19.3x | 1.6x |
| Sun, 13 Aug 2023 | UK£26.0b | UK£15.8b | UK£1.3b | 16.7x | 19.6x | 1.7x |
| Tue, 11 Jul 2023 | UK£25.3b | UK£15.2b | UK£1.3b | 17.2x | 19x | 1.7x |
| Thu, 08 Jun 2023 | UK£26.9b | UK£15.2b | UK£1.3b | 16.8x | 20.3x | 1.8x |
20.3x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | -0.29% | |
| Industrials | 2.40% | |
| Machinery | -0.18% | |
| Construction Machinery and Vehicles | 2.78% | |
| Industrial Machinery | -0.20% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GDWN Goodwin | UK£150.60 | 8.0% +UK£84.1m | 110.9% | PE28.5x | |
| IMI IMI | UK£27.82 | 0.4% +UK£28.8m | 42.2% | PE21.5x | |
| MGAM Morgan Advanced Materials | UK£2.30 | 3.4% +UK£20.7m | 8.7% | PS0.6x | |
| VSVS Vesuvius | UK£4.64 | 1.7% +UK£18.7m | 28.8% | PE21.9x | |
| PRV Porvair | UK£8.42 | 4.0% +UK£14.9m | 3.4% | PE21.6x |