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U.K. (FTSE) Machinery Industry Analysis

UpdatedJun 13, 2026
DataAggregated Company Financials
Companies20
  • 7D-0.2%
  • 3M-4.3%
  • 1Y10.9%
  • YTD-3.8%

Over the last 7 days, the Machinery industry has remained flat. The past year has been better, since the industry has gained 11% in that time. 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
Sun, 14 Jun 2026UK£26.2bUK£12.5bUK£1.0b23.2x26.2x2.1x
Tue, 12 May 2026UK£26.6bUK£12.5bUK£1.0b22.5x26.6x2.1x
Thu, 09 Apr 2026UK£28.0bUK£12.4bUK£1.0b23.9x28x2.3x
Sat, 07 Mar 2026UK£29.2bUK£12.2bUK£907.0m27.7x32.2x2.4x
Mon, 02 Feb 2026UK£30.0bUK£12.2bUK£998.4m28.4x30.1x2.5x
Wed, 31 Dec 2025UK£27.3bUK£12.2bUK£998.5m23.9x27.4x2.2x
Fri, 28 Nov 2025UK£26.5bUK£12.2bUK£983.5m24.4x26.9x2.2x
Sun, 26 Oct 2025UK£27.3bUK£12.4bUK£998.5m24.2x27.4x2.2x
Tue, 23 Sep 2025UK£25.9bUK£12.4bUK£1.0b23.6x25.6x2.1x
Thu, 21 Aug 2025UK£25.5bUK£12.4bUK£1.0b23.7x25.1x2.1x
Sat, 19 Jul 2025UK£24.8bUK£12.5bUK£1.1b21.8x22.8x2x
Mon, 16 Jun 2025UK£23.9bUK£12.5bUK£1.1b23.2x22.3x1.9x
Wed, 14 May 2025UK£23.7bUK£12.5bUK£1.1b23.7x22.1x1.9x
Fri, 11 Apr 2025UK£20.9bUK£12.5bUK£1.1b19.9x19.2x1.7x
Sun, 09 Mar 2025UK£25.0bUK£12.5bUK£1.2b20.6x21.7x2x
Tue, 04 Feb 2025UK£25.8bUK£12.6bUK£1.1b22.5x23.6x2x
Thu, 02 Jan 2025UK£23.7bUK£12.6bUK£1.1b21.8x21.7x1.9x
Sat, 30 Nov 2024UK£24.0bUK£12.6bUK£1.1b21.7x21.9x1.9x
Mon, 28 Oct 2024UK£22.8bUK£12.6bUK£1.1b20.8x20.8x1.8x
Wed, 25 Sep 2024UK£24.0bUK£12.6bUK£1.1b20.1x21.8x1.9x
Fri, 23 Aug 2024UK£23.9bUK£12.6bUK£1.1b20.7x21.8x1.9x
Sun, 21 Jul 2024UK£25.3bUK£12.8bUK£1.1b20x23.1x2x
Tue, 18 Jun 2024UK£25.1bUK£12.8bUK£1.1b19.6x22.7x2x
Thu, 16 May 2024UK£26.8bUK£12.8bUK£1.1b20.3x24.3x2.1x
Sat, 13 Apr 2024UK£25.7bUK£12.8bUK£1.1b19.4x23.3x2x
Mon, 11 Mar 2024UK£26.0bUK£12.8bUK£1.1b18x23.2x2x
Wed, 07 Feb 2024UK£24.9bUK£12.9bUK£1.2b18.4x20.7x1.9x
Fri, 05 Jan 2024UK£26.0bUK£15.8bUK£1.3b17.2x19.6x1.6x
Sun, 03 Dec 2023UK£25.1bUK£15.8bUK£1.3b16.8x18.9x1.6x
Tue, 31 Oct 2023UK£22.8bUK£15.8bUK£1.3b15.3x17.2x1.4x
Thu, 28 Sep 2023UK£25.1bUK£15.8bUK£1.3b16.7x19x1.6x
Sat, 26 Aug 2023UK£24.9bUK£15.8bUK£1.3b15.8x18.7x1.6x
Mon, 24 Jul 2023UK£26.6bUK£15.2bUK£1.3b17.5x20.2x1.8x
Wed, 21 Jun 2023UK£25.9bUK£15.2bUK£1.3b17.5x19.5x1.7x
Price to Earnings Ratio

19.5x


Total Market Cap: UK£25.9bTotal Earnings: UK£1.3bTotal Revenue: UK£15.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Machinery Industry Price to Earnings3Y Average 23x202420252026
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 26.2x which is higher than its 3-year average PE of 23.0x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
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 Market1.05%
Industrials0.62%
Machinery-0.16%
Construction Machinery and Vehicles4.26%
Industrial Machinery-0.18%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 23.1x.
    • Analysts are expecting annual earnings growth of 13.0%, 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 10.5x.
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
IMI IMIUK£28.500.6%
+UK£43.2m		39.2%PE22.1x
GDWN GoodwinUK£151.803.1%
+UK£34.5m		94.1%PE28.8x
VSVS VesuviusUK£4.621.8%
+UK£20.2m		24.0%PE21.8x
JDG Judges ScientificUK£44.505.5%
+UK£15.3m		-43.7%PE53.9x
PRV PorvairUK£8.301.2%
+UK£4.7m		-0.2%PE21.3x

Latest News

PRV
UK£8.30
Porvair
7D
1.2%
1Y
-0.2%
BOY
UK£7.10
Bodycote
7D
-0.8%
1Y
26.4%
Narrative Update • Jun 12

BOY: Standalone Execution And Margin Discipline Will Drive Future Share Upside

Analysts have raised the fair value estimate for Bodycote from £9.05 to £10.00 per share, citing higher price targets from several firms and continued confidence in the company’s strategy following the end of takeover discussions. Analyst Commentary Recent research commentary on Bodycote has leaned constructive, with several bullish analysts adjusting price targets and re-engaging coverage after the end of takeover talks.
WEIR
UK£23.24
Weir Group
7D
-2.0%
1Y
-7.6%
MPAC
UK£2.15
Mpac Group
7D
-18.1%
1Y
-53.0%
JDG
UK£44.50
Judges Scientific
7D
5.5%
1Y
-43.7%
Narrative Update • Jun 07

JDG: Stable Metrics And Dividend Payout Will Support Future Upside Potential

Analysts have kept their fair value estimate for Judges Scientific steady at £64.50, with only marginal tweaks to the discount rate and future P/E assumptions guiding a largely unchanged price target narrative. What's in the News At the Annual General Meeting held on 20 May 2026, shareholders approved a final dividend of 82.3 pence per ordinary share for Judges Scientific, according to company key developments.
VSVS
UK£4.62
Vesuvius
7D
1.8%
1Y
24.0%
Narrative Update • Jun 06

VSVS: Future Returns Will Reflect Mixed Views On Execution Risks

Analysts have adjusted the Vesuvius price target to £4.40, reflecting mixed recent research in which one firm raised its target from £3.90 to £4.40 while another lowered its target by £0.20. The narrative update is now anchored around these revised expectations and the supporting rationale.
IMI
UK£28.50
IMI
7D
0.6%
1Y
39.2%
Narrative Update • Jun 03

IMI: Buybacks And Dividends Will Support Future Returns And Capital Deployment

Analysts have nudged their price target on IMI slightly higher to around £30.73, citing updated assumptions on revenue growth, profit margins and future P/E that shift their fair value estimate by about £0.20. What's in the News IMI has recommended a 2025 final dividend of 23.2 pence per share, compared with 21.1 pence per share for 2024, with payment scheduled for 15 May 2026 to shareholders on the register at the close of business on 7 April 2026.
SPX
UK£68.10
Spirax Group
7D
-0.1%
1Y
14.6%
Narrative Update • Jun 03

SPX: Higher Dividend Confidence And Premium P E Framework Will Support Shares

Narrative Update The analyst price target for Spirax Group has been raised from £6,000 to £6,800. This reflects analysts' updated fair value estimate alongside recent research that highlights a modestly adjusted discount rate, slightly different revenue growth and profit margin assumptions, and a revised future P/E framework.
MGAM
UK£2.27
Morgan Advanced Materials
7D
0.7%
1Y
6.8%
Narrative Update • Jun 03

MGAM: Higher Margins And Refined P/E Assumptions Will Drive Future Upside

The latest analyst price target for Morgan Advanced Materials has been refined to reflect mixed Street views, with Citi and Deutsche Bank lifting targets to £2.35 and £2.10 respectively, while Jefferies trims its target by £0.25, as analysts factor in updated assumptions on discount rates, revenue growth, profit margins and future P/E levels. Analyst Commentary Recent research shows a split in sentiment, with one investment bank trimming its price target while others refine their models upward.
GDWN
UK£151.80
Goodwin
7D
3.1%
1Y
94.1%
ROR
UK£3.06
Rotork
7D
0.07%
1Y
-6.4%
Analysis Article • May 23

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AVG
UK£6.40
Avingtrans
7D
-3.0%
1Y
56.5%
MCON
UK£0.55
Mincon Group
7D
-5.2%
1Y
52.8%
XSG
UK£0.014
Xeros Technology Group
7D
-5.0%
1Y
-23.0%
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...
TRI
UK£0.67
Trifast
7D
-0.9%
1Y
1.5%
SOM
UK£1.96
Somero Enterprises
7D
4.3%
1Y
-20.3%