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U.K. (FTSE) Machinery Industry Analysis

UpdatedJun 21, 2026
DataAggregated Company Financials
Companies19
  • 7D4.0%
  • 3M5.7%
  • 1Y17.5%
  • YTD0.05%

In the last week, the Machinery industry is up 4.0%, with IMI up 6.6%. This takes the industry's 12 month performance to a gain of 17%. 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, 21 Jun 2026UK£27.2bUK£12.5bUK£1.0b24.4x26.8x2.2x
Tue, 19 May 2026UK£26.0bUK£12.5bUK£1.0b23.5x25.9x2.1x
Thu, 16 Apr 2026UK£28.2bUK£12.4bUK£1.0b23.7x28.2x2.3x
Sat, 14 Mar 2026UK£27.6bUK£12.4bUK£1.0b23.6x27.5x2.2x
Mon, 09 Feb 2026UK£31.1bUK£12.2bUK£998.5m29.2x31.1x2.5x
Wed, 07 Jan 2026UK£28.1bUK£12.2bUK£998.6m24.5x28.1x2.3x
Fri, 05 Dec 2025UK£27.4bUK£12.2bUK£983.5m24.4x27.9x2.2x
Sun, 02 Nov 2025UK£27.5bUK£12.2bUK£983.5m24.5x28x2.3x
Tue, 30 Sep 2025UK£25.9bUK£12.4bUK£997.9m22.7x25.9x2.1x
Thu, 28 Aug 2025UK£25.4bUK£12.4bUK£1.0b23.6x25.1x2x
Sat, 26 Jul 2025UK£24.5bUK£12.5bUK£1.1b21.7x22.6x2x
Mon, 23 Jun 2025UK£23.6bUK£12.5bUK£1.1b23x22x1.9x
Wed, 21 May 2025UK£23.4bUK£12.5bUK£1.1b22.6x21.8x1.9x
Fri, 18 Apr 2025UK£21.2bUK£12.5bUK£1.1b20.5x19.4x1.7x
Sun, 16 Mar 2025UK£24.1bUK£12.5bUK£1.1b20.5x22.1x1.9x
Tue, 11 Feb 2025UK£25.0bUK£12.6bUK£1.1b22.6x22.8x2x
Thu, 09 Jan 2025UK£23.4bUK£12.6bUK£1.1b21.6x21.4x1.9x
Sat, 07 Dec 2024UK£24.3bUK£12.6bUK£1.1b21.7x22.2x1.9x
Mon, 04 Nov 2024UK£22.4bUK£12.6bUK£1.1b20.9x20.5x1.8x
Wed, 02 Oct 2024UK£24.0bUK£12.6bUK£1.1b20.1x21.9x1.9x
Fri, 30 Aug 2024UK£24.3bUK£12.6bUK£1.1b20.7x22.2x1.9x
Sun, 28 Jul 2024UK£25.5bUK£12.8bUK£1.1b20.2x23x2x
Tue, 25 Jun 2024UK£25.5bUK£12.8bUK£1.1b19.8x23.1x2x
Thu, 23 May 2024UK£26.5bUK£12.8bUK£1.1b20.2x24x2.1x
Sat, 20 Apr 2024UK£25.1bUK£12.8bUK£1.1b18.4x22.8x2x
Mon, 18 Mar 2024UK£26.3bUK£12.8bUK£1.1b18.1x23.8x2.1x
Wed, 14 Feb 2024UK£24.7bUK£12.9bUK£1.2b18.1x20.5x1.9x
Fri, 12 Jan 2024UK£25.6bUK£15.8bUK£1.3b16.8x19.3x1.6x
Sun, 10 Dec 2023UK£25.6bUK£15.8bUK£1.3b17.2x19.3x1.6x
Tue, 07 Nov 2023UK£23.5bUK£15.8bUK£1.3b15.6x17.7x1.5x
Thu, 05 Oct 2023UK£25.1bUK£15.8bUK£1.3b16.3x18.9x1.6x
Sat, 02 Sep 2023UK£25.5bUK£15.8bUK£1.3b16.1x19.3x1.6x
Mon, 31 Jul 2023UK£26.7bUK£15.4bUK£1.3b17.4x20.1x1.7x
Wed, 28 Jun 2023UK£25.3bUK£15.2bUK£1.3b17.1x19.1x1.7x
Price to Earnings Ratio

19.1x


Total Market Cap: UK£25.3bTotal 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 26.8x which is higher than its 3-year average PE of 23.0x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 8.5% 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 Market-1.30%
Industrials1.48%
Machinery3.96%
Industrial Machinery3.98%
Construction Machinery and Vehicles-1.53%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 23.2x.
    • Analysts are expecting annual earnings growth of 12.8%, 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 10.6x.
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
IMI IMIUK£30.386.6%
+UK£445.3m		47.8%PE23.4x
WEIR Weir GroupUK£24.304.6%
+UK£273.4m		-0.6%PE25.4x
SPX Spirax GroupUK£70.503.5%
+UK£177.1m		21.3%PE31.8x
GDWN GoodwinUK£161.806.6%
+UK£75.1m		114.0%PE30.6x
ROR RotorkUK£3.142.8%
+UK£70.0m		-1.6%PE22.1x

Latest News

IMI
UK£30.38
IMI
7D
6.6%
1Y
47.8%
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£70.50
Spirax Group
7D
3.5%
1Y
21.3%
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.
BOY
UK£7.12
Bodycote
7D
0.3%
1Y
26.4%
JDG
UK£46.00
Judges Scientific
7D
3.4%
1Y
-47.7%
PRV
UK£7.94
Porvair
7D
-4.3%
1Y
-5.3%
WEIR
UK£24.30
Weir Group
7D
4.6%
1Y
-0.6%
MPAC
UK£2.45
Mpac Group
7D
14.0%
1Y
-42.7%
VSVS
UK£4.62
Vesuvius
7D
-0.1%
1Y
22.4%
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.
MGAM
UK£2.26
Morgan Advanced Materials
7D
-0.7%
1Y
8.7%
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£161.80
Goodwin
7D
6.6%
1Y
114.0%
ROR
UK£3.14
Rotork
7D
2.8%
1Y
-1.6%
Analysis Article • May 23

Should You Investigate Rotork plc (LON:ROR) At UK£3.10?

Rotork plc ( LON:ROR ), is not the largest company out there, but it received a lot of attention from a substantial...
AVG
UK£6.20
Avingtrans
7D
-3.1%
1Y
47.6%
SOM
UK£1.93
Somero Enterprises
7D
-1.5%
1Y
-21.2%