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U.K. (FTSE) Machinery Industry Analysis

UpdatedJun 16, 2026
DataAggregated Company Financials
Companies20
  • 7D2.7%
  • 3M-1.3%
  • 1Y13.1%
  • YTD-0.9%

The Machinery industry is up 2.7% in the last week, with IMI up 3.2%. In the last 12 months, the industry was up 13%. 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
Tue, 16 Jun 2026UK£27.0bUK£12.5bUK£1.0b24.1x27x2.2x
Thu, 14 May 2026UK£26.0bUK£12.5bUK£1.0b22.6x26x2.1x
Sat, 11 Apr 2026UK£28.4bUK£12.4bUK£1.0b24x28.4x2.3x
Mon, 09 Mar 2026UK£29.2bUK£12.3bUK£978.0m26.4x29.9x2.4x
Wed, 04 Feb 2026UK£30.8bUK£12.2bUK£998.5m29x30.9x2.5x
Fri, 02 Jan 2026UK£27.3bUK£12.2bUK£998.5m23.9x27.3x2.2x
Sun, 30 Nov 2025UK£26.6bUK£12.2bUK£983.5m24.4x27.1x2.2x
Tue, 28 Oct 2025UK£27.7bUK£12.4bUK£998.5m24.2x27.8x2.2x
Thu, 25 Sep 2025UK£26.0bUK£12.4bUK£995.5m22.6x26.1x2.1x
Sat, 23 Aug 2025UK£25.8bUK£12.4bUK£1.0b23.9x25.4x2.1x
Mon, 21 Jul 2025UK£24.8bUK£12.5bUK£1.1b21.8x22.8x2x
Wed, 18 Jun 2025UK£24.1bUK£12.5bUK£1.1b23.1x22.5x1.9x
Fri, 16 May 2025UK£23.4bUK£12.5bUK£1.1b23x21.8x1.9x
Sun, 13 Apr 2025UK£20.8bUK£12.5bUK£1.1b19.9x19.1x1.7x
Tue, 11 Mar 2025UK£24.4bUK£12.5bUK£1.2b20.1x21.1x1.9x
Thu, 06 Feb 2025UK£25.2bUK£12.6bUK£1.1b22x23.1x2x
Sat, 04 Jan 2025UK£23.6bUK£12.6bUK£1.1b21.7x21.5x1.9x
Mon, 02 Dec 2024UK£24.0bUK£12.6bUK£1.1b21.7x21.9x1.9x
Wed, 30 Oct 2024UK£22.7bUK£12.6bUK£1.1b20.6x20.7x1.8x
Fri, 27 Sep 2024UK£24.5bUK£12.6bUK£1.1b20.2x22.4x1.9x
Sun, 25 Aug 2024UK£23.9bUK£12.6bUK£1.1b20.6x21.8x1.9x
Tue, 23 Jul 2024UK£25.6bUK£12.8bUK£1.1b20.1x23.4x2x
Thu, 20 Jun 2024UK£25.1bUK£12.8bUK£1.1b19.7x22.7x2x
Sat, 18 May 2024UK£26.4bUK£12.8bUK£1.1b20.4x23.9x2.1x
Mon, 15 Apr 2024UK£25.7bUK£12.8bUK£1.1b19.4x23.3x2x
Wed, 13 Mar 2024UK£26.2bUK£12.8bUK£1.1b18x23.5x2x
Fri, 09 Feb 2024UK£25.0bUK£12.9bUK£1.2b18.1x20.8x1.9x
Sun, 07 Jan 2024UK£25.7bUK£15.8bUK£1.3b16.7x19.4x1.6x
Tue, 05 Dec 2023UK£25.0bUK£15.8bUK£1.3b16.8x18.8x1.6x
Thu, 02 Nov 2023UK£23.0bUK£15.8bUK£1.3b15.5x17.4x1.5x
Sat, 30 Sep 2023UK£25.4bUK£15.8bUK£1.3b16.5x19.2x1.6x
Mon, 28 Aug 2023UK£24.9bUK£15.8bUK£1.3b15.8x18.7x1.6x
Wed, 26 Jul 2023UK£26.6bUK£15.2bUK£1.3b17.6x20.2x1.8x
Fri, 23 Jun 2023UK£25.6bUK£15.2bUK£1.3b17.2x19.3x1.7x
Price to Earnings Ratio

19.3x


Total Market Cap: UK£25.6bTotal 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 27.0x 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 8.9% 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 Market0.74%
Industrials1.12%
Machinery2.74%
Industrial Machinery2.75%
Construction Machinery and Vehicles2.63%
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 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£29.403.2%
+UK£220.6m		40.1%PE22.7x
GDWN GoodwinUK£162.8012.0%
+UK£130.7m		114.2%PE30.8x
WEIR Weir GroupUK£24.442.0%
+UK£123.8m		-3.6%PE25.5x
SPX Spirax GroupUK£68.851.7%
+UK£84.9m		15.9%PE31.1x
JDG Judges ScientificUK£49.2016.4%
+UK£46.3m		-37.7%PE59.6x

Latest News

IMI
UK£29.40
IMI
7D
3.2%
1Y
40.1%
JDG
UK£49.20
Judges Scientific
7D
16.4%
1Y
-37.7%
FORG
UK£0.00017
Forgent
7D
-5.6%
1Y
-97.2%
PRV
UK£7.94
Porvair
7D
-2.7%
1Y
-4.3%
BOY
UK£7.22
Bodycote
7D
2.3%
1Y
27.8%
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£24.44
Weir Group
7D
2.0%
1Y
-3.6%
VSVS
UK£4.67
Vesuvius
7D
4.2%
1Y
25.6%
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.
SPX
UK£68.85
Spirax Group
7D
1.7%
1Y
15.9%
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.
GDWN
UK£162.80
Goodwin
7D
12.0%
1Y
114.2%
ROR
UK£3.12
Rotork
7D
1.4%
1Y
-7.1%
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...
MCON
UK£0.55
Mincon Group
7D
-5.2%
1Y
52.8%
TRI
UK£0.68
Trifast
7D
-3.4%
1Y
8.3%