Insufficient Growth At Highcon Systems Ltd. (TLV:HICN) Hampers Share Price
Jan 06
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Israeli (TA) Machinery Industry Analysis
UpdatedJan 18, 2025
DataAggregated Company Financials
Companies9
- 7D3.0%
- 3M32.3%
- 1Y23.6%
- YTD6.8%
In the last week, the Machinery industry is up 3.0%, with Plasson Industries up 4.3%. In the same time, Massivit 3D Printing Technologies was down 18%. This means that the industry has gained 24% over the past year.
Industry Valuation and Performance
Has the Israeli Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 Jan 2025 | ₪2.7b | ₪2.6b | ₪45.4m | 15.8x | 59.9x | 1.1x |
| Tue, 17 Dec 2024 | ₪2.5b | ₪2.6b | ₪45.0m | 15.4x | 55.7x | 1x |
| Thu, 14 Nov 2024 | ₪2.1b | ₪2.6b | ₪24.9m | 14.2x | 84.9x | 0.8x |
| Sat, 12 Oct 2024 | ₪2.0b | ₪2.6b | ₪24.6m | 12.5x | 81.9x | 0.8x |
| Mon, 09 Sep 2024 | ₪2.1b | ₪2.6b | ₪14.7m | 12.5x | 143.9x | 0.8x |
| Wed, 07 Aug 2024 | ₪2.0b | ₪2.6b | ₪62.1m | 10.5x | 31.7x | 0.8x |
| Fri, 05 Jul 2024 | ₪2.1b | ₪2.6b | ₪63.1m | 12x | 32.7x | 0.8x |
| Sun, 02 Jun 2024 | ₪2.2b | ₪2.6b | ₪71.6m | 14.3x | 31.1x | 0.9x |
| Tue, 30 Apr 2024 | ₪2.3b | ₪2.6b | ₪71.0m | 17.1x | 32x | 0.9x |
| Thu, 28 Mar 2024 | ₪2.4b | ₪2.6b | -₪32,596,770.00 | 18.5x | -74.5x | 0.9x |
| Sat, 24 Feb 2024 | ₪2.3b | ₪2.5b | -₪39,775,882.60 | 26.3x | -58x | 0.9x |
| Mon, 22 Jan 2024 | ₪2.2b | ₪2.6b | -₪44,295,099.00 | 22.5x | -49.3x | 0.9x |
| Wed, 20 Dec 2023 | ₪2.1b | ₪2.5b | -₪40,531,711.00 | 23.1x | -51.9x | 0.8x |
| Fri, 17 Nov 2023 | ₪2.2b | ₪2.6b | -₪50,843,490.00 | 22.2x | -43.5x | 0.9x |
| Sun, 15 Oct 2023 | ₪2.3b | ₪2.6b | -₪58,469,129.00 | 33.2x | -39.2x | 0.9x |
| Tue, 12 Sep 2023 | ₪2.7b | ₪2.6b | -₪60,557,713.00 | 33.2x | -43.8x | 1x |
| Thu, 10 Aug 2023 | ₪2.5b | ₪2.5b | -₪102,047,246.00 | 50.3x | -24.9x | 1x |
| Sat, 08 Jul 2023 | ₪2.6b | ₪2.5b | -₪101,342,820.00 | 50.1x | -26x | 1x |
| Mon, 05 Jun 2023 | ₪2.6b | ₪2.5b | -₪103,643,642.00 | 49.5x | -25.2x | 1x |
| Wed, 03 May 2023 | ₪2.5b | ₪2.5b | -₪94,958,389.00 | 21.3x | -26.1x | 1x |
| Fri, 31 Mar 2023 | ₪2.4b | ₪2.4b | -₪100,003,203.00 | 26.3x | -23.9x | 1x |
| Sun, 26 Feb 2023 | ₪2.5b | ₪2.4b | -₪81,338,816.00 | 24.2x | -30.8x | 1.1x |
| Tue, 24 Jan 2023 | ₪2.6b | ₪2.3b | -₪70,771,777.00 | 23.7x | -37.4x | 1.1x |
| Thu, 22 Dec 2022 | ₪2.5b | ₪2.4b | -₪66,520,967.00 | 21.6x | -37.8x | 1.1x |
| Sat, 19 Nov 2022 | ₪2.7b | ₪2.4b | -₪48,952,652.00 | 22.4x | -56.2x | 1.2x |
| Mon, 17 Oct 2022 | ₪2.8b | ₪2.4b | -₪51,869,888.00 | 21.1x | -53.7x | 1.2x |
| Wed, 14 Sep 2022 | ₪3.0b | ₪2.3b | -₪4,993,147.00 | 19.9x | -610.8x | 1.3x |
| Fri, 12 Aug 2022 | ₪3.1b | ₪2.3b | ₪11.1m | 19.3x | 279.2x | 1.4x |
| Sun, 10 Jul 2022 | ₪3.0b | ₪2.3b | -₪2,046,121.00 | 16.5x | -1485.8x | 1.4x |
| Tue, 07 Jun 2022 | ₪3.2b | ₪2.2b | -₪5,729,333.00 | 17x | -564.2x | 1.4x |
| Thu, 05 May 2022 | ₪3.3b | ₪2.2b | -₪13,173,237.00 | 16.8x | -253x | 1.5x |
| Sat, 02 Apr 2022 | ₪3.5b | ₪2.1b | ₪106.0m | 13.7x | 32.8x | 1.7x |
| Mon, 28 Feb 2022 | ₪3.8b | ₪2.1b | ₪103.5m | 16.2x | 37.1x | 1.9x |
| Wed, 26 Jan 2022 | ₪3.7b | ₪2.1b | ₪103.7m | 15.8x | 35.6x | 1.8x |
Price to Earnings Ratio
35.6x
Current Industry PE
- Investors are optimistic on the Israeli Machinery industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 59.9x which is higher than its 3-year average PE of -71.8x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have declined 24% per year over the last three years.
- Meanwhile revenues for these companies have grown 7.6% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Israeli Industrials industry?
| IL Market | 3.20% | |
| Industrials | 2.67% | |
| Machinery | 2.99% | |
| Industrial Machinery | 3.15% | |
| Agricultural Machinery | 0.55% | |
| Construction Machinery and Vehicles | 0% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 4.1x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Agricultural Machinery industry, which is trading below its 3-year average of 16.0x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PLSN Plasson Industries | ₪198.00 | 4.3% +₪78.3m | 43.9% | PE12.7x | |
| ROBO RoboGroup T.E.K | ₪1.63 | 6.6% +₪6.0m | 49.6% | PS2.5x | |
| AMD Amiad Water Systems | ₪9.79 | 0.6% +₪1.8m | -0.01% | PE46.8x | |
| HICN Highcon Systems | ₪1.16 | 5.4% +₪1.3m | 11.2% | PS0.5x | |
| SCDX Scodix | ₪3.90 | 0.9% +₪1.0m | 62.8% | PS1.3x |
