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U.K. (FTSE) Machinery Industry Analysis

UpdatedJul 20, 2026
DataAggregated Company Financials
Companies19
  • 7D10.4%
  • 3M0.7%
  • 1Y17.4%
  • YTD5.2%

The Machinery industry is up 10% in the last week, with Rotork up 67%. This takes the industry's 12 month performance to a gain of 17%. Looking forward, 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
Mon, 20 Jul 2026UK£28.6bUK£12.5bUK£1.0b25.9x28x2.3x
Wed, 17 Jun 2026UK£27.1bUK£12.5bUK£1.0b24.3x26.6x2.2x
Fri, 15 May 2026UK£26.5bUK£12.5bUK£1.0b23.5x26.4x2.1x
Sun, 12 Apr 2026UK£28.4bUK£12.4bUK£1.0b24x28.4x2.3x
Tue, 10 Mar 2026UK£28.5bUK£12.3bUK£978.0m25.9x29.2x2.3x
Thu, 05 Feb 2026UK£31.0bUK£12.2bUK£998.5m29x31x2.5x
Sat, 03 Jan 2026UK£27.4bUK£12.2bUK£998.5m23.9x27.5x2.2x
Mon, 01 Dec 2025UK£26.6bUK£12.2bUK£983.5m24.4x27.1x2.2x
Wed, 29 Oct 2025UK£27.9bUK£12.5bUK£998.5m24.2x28x2.2x
Fri, 26 Sep 2025UK£25.7bUK£12.5bUK£998.0m22.5x25.8x2.1x
Sun, 24 Aug 2025UK£25.9bUK£12.4bUK£1.0b23.9x25.5x2.1x
Tue, 22 Jul 2025UK£24.8bUK£12.5bUK£1.1b21.8x22.8x2x
Thu, 19 Jun 2025UK£24.0bUK£12.5bUK£1.1b23x22.3x1.9x
Sat, 17 May 2025UK£23.3bUK£12.5bUK£1.1b23x21.7x1.9x
Mon, 14 Apr 2025UK£20.8bUK£12.5bUK£1.1b19.9x19.1x1.7x
Wed, 12 Mar 2025UK£24.1bUK£12.5bUK£1.1b19.8x21.2x1.9x
Fri, 07 Feb 2025UK£25.1bUK£12.6bUK£1.1b22.2x23x2x
Sun, 05 Jan 2025UK£23.6bUK£12.6bUK£1.1b21.7x21.5x1.9x
Tue, 03 Dec 2024UK£24.1bUK£12.6bUK£1.1b21.7x22x1.9x
Thu, 31 Oct 2024UK£22.5bUK£12.6bUK£1.1b20.5x20.5x1.8x
Sat, 28 Sep 2024UK£24.7bUK£12.6bUK£1.1b20.2x22.6x2x
Mon, 26 Aug 2024UK£23.9bUK£12.6bUK£1.1b20.6x21.8x1.9x
Wed, 24 Jul 2024UK£25.5bUK£12.8bUK£1.1b20.2x23.3x2x
Fri, 21 Jun 2024UK£25.3bUK£12.8bUK£1.1b19.7x22.9x2x
Sun, 19 May 2024UK£26.4bUK£12.8bUK£1.1b20.4x23.9x2.1x
Tue, 16 Apr 2024UK£25.9bUK£12.8bUK£1.1b19.3x23.5x2x
Thu, 14 Mar 2024UK£26.1bUK£12.8bUK£1.1b18x23.7x2x
Sat, 10 Feb 2024UK£25.0bUK£12.9bUK£1.2b18.1x20.8x1.9x
Mon, 08 Jan 2024UK£25.7bUK£15.8bUK£1.3b16.7x19.4x1.6x
Wed, 06 Dec 2023UK£25.2bUK£15.8bUK£1.3b17.1x19x1.6x
Fri, 03 Nov 2023UK£23.3bUK£15.8bUK£1.3b14.9x17.6x1.5x
Sun, 01 Oct 2023UK£25.4bUK£15.8bUK£1.3b16.5x19.2x1.6x
Tue, 29 Aug 2023UK£24.9bUK£15.8bUK£1.3b15.8x18.7x1.6x
Thu, 27 Jul 2023UK£26.5bUK£15.2bUK£1.3b17.8x20.1x1.7x
Price to Earnings Ratio

20.1x


Total Market Cap: UK£26.5bTotal Earnings: UK£1.3bTotal Revenue: UK£15.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Machinery Industry Price to Earnings3Y Average 23.2x202420252026
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 28.0x which is higher than its 3-year average PE of 23.2x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 8.1% per year over the last three years,
  • Revenues have also declined 6.4% 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 Market0.97%
Industrials0.39%
Machinery10.42%
Construction Machinery and Vehicles13.97%
Industrial Machinery10.41%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 23.4x.
    • Analysts are expecting annual earnings growth of 12.7%, which is higher than its past year's earnings growth of 10.9% 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 10.8x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • 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
ROR RotorkUK£4.8667.5%
+UK£1.6b		50.4%PE34.3x
IMI IMIUK£29.685.7%
+UK£379.4m		35.9%PE22.7x
SPX Spirax GroupUK£69.606.5%
+UK£313.6m		12.3%PE31.4x
WEIR Weir GroupUK£24.824.5%
+UK£273.4m		-7.0%PE25.9x
GDWN GoodwinUK£178.205.9%
+UK£75.1m		133.9%PE33.8x

Latest News

ROR
UK£4.86
Rotork
7D
67.5%
1Y
50.4%
Narrative Update • Jul 17

ROR: Future Upside Will Depend On Closing The ABB Takeover

Rotork's updated analyst price target edges higher from £3.90 to £4.11. This reflects a slightly lower discount rate, broadly steady revenue growth and margin assumptions, and a modestly higher future P/E multiple, even as several firms have recently shifted their ratings to Hold with a £5.03 target.
SOM
UK£2.08
Somero Enterprises
7D
14.0%
1Y
-6.5%
JDG
UK£45.50
Judges Scientific
7D
-3.4%
1Y
-43.8%
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.
TRI
UK£0.79
Trifast
7D
-4.1%
1Y
8.8%
New Narrative • Jul 07

Smart Infrastructure And Supply Chain Solutions Will Transform Margins Over The Coming Years

Catalysts About Trifast Trifast supplies engineered fastening components and embedded supply chain solutions to manufacturers around the world. What are the underlying business or industry changes driving this perspective?
WEIR
UK£24.82
Weir Group
7D
4.5%
1Y
-7.0%
Narrative Update • Jul 06

WEIR: Mixed Broker Views And CEO Transition Will Shape Future Risk Profile

Analysts have trimmed the fair value estimate for Weir Group from £25.90 to £25.00, reflecting slightly lower revenue growth assumptions, a modestly softer profit margin outlook and a higher discount rate, even as Street price targets have broadly moved higher in recent weeks. Analyst Commentary Recent Street research on Weir Group presents a mixed picture, with some higher price targets sitting alongside more cautious revisions.
GDWN
UK£178.20
Goodwin
7D
5.9%
1Y
133.9%
CPH2
UK£0.013
Clean Power Hydrogen
7D
-6.9%
1Y
-73.8%
BOY
UK£6.97
Bodycote
7D
6.1%
1Y
16.5%
Narrative Update • Jun 26

BOY: Post Apollo Exit Execution Will Determine Tight Margins And Upside Potential

Analysts have nudged the fair value estimate for Bodycote up from £6.70 to £7.50. This reflects updated price targets from firms such as RBC Capital, Barclays and Deutsche Bank that factor in the clarified takeover outlook and renewed confidence in the company’s strategy.
VSVS
UK£4.48
Vesuvius
7D
1.0%
1Y
16.4%
Narrative Update • Jun 22

VSVS: Trimmed Broker Outlook And Updated Assumptions Will Guide Measured Reassessment

Analysts have trimmed their Vesuvius price target by £0.20, citing updated assumptions around fair value, discount rates, revenue growth, profit margins and future P/E multiples. What's in the News for Vesuvius No recent Vesuvius specific news items were identified from the provided sources.
IMI
UK£29.68
IMI
7D
5.7%
1Y
35.9%
Narrative Update • Jun 19

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

Analysts have slightly adjusted their fair value estimate for IMI, with the price target moving from about £30.73 to about £30.61. This reflects updated assumptions on discount rate, revenue growth, profit margin and future P/E multiples.
SPX
UK£69.60
Spirax Group
7D
6.5%
1Y
12.3%
Narrative Update • Jun 17

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

Analysts have trimmed their Spirax Group price target to £81.17, reflecting a slightly lower discount rate and marginally adjusted future P/E expectations following recent research updates. What’s in the News for Spirax Group Spirax Group proposed a final dividend of 121.1 pence per share for 2025, subject to shareholder approval.
XSG
UK£0.015
Xeros Technology Group
7D
-1.6%
1Y
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...