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New Zealand (NZX) Machinery Industry Analysis

UpdatedJan 26, 2023
DataAggregated Company Financials
Companies2
  • 7D3.5%
  • 3M3.3%
  • 1Y-5.8%
  • YTD5.6%

All of the companies in the Machinery industry have been up over the last week, with the industry up 2.1%. In the past year, the industry is down 14%. As for the next few years, earnings are expected to grow by 8.7% per annum.

Industry Valuation and Performance

Has the New Zealand Machinery Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Jan 2023NZ$1.3bNZ$538.6mNZ$60.5m20.4x21.8x2.5x
Sat, 24 Dec 2022NZ$1.3bNZ$538.6mNZ$60.5m19.1x20.8x2.3x
Mon, 21 Nov 2022NZ$1.3bNZ$538.6mNZ$60.5m20.1x21.9x2.5x
Wed, 19 Oct 2022NZ$1.2bNZ$540.9mNZ$60.5m19x19.8x2.2x
Fri, 16 Sep 2022NZ$1.3bNZ$547.0mNZ$57.4m23.5x23.5x2.5x
Sun, 14 Aug 2022NZ$1.4bNZ$523.5mNZ$53.5m25x25.4x2.6x
Tue, 12 Jul 2022NZ$1.2bNZ$523.5mNZ$53.5m23.5x22.9x2.3x
Thu, 09 Jun 2022NZ$1.3bNZ$523.5mNZ$53.5m25x24.2x2.5x
Sat, 07 May 2022NZ$1.3bNZ$523.5mNZ$53.5m24.4x24.5x2.5x
Mon, 04 Apr 2022NZ$1.4bNZ$509.6mNZ$53.5m26.4x26.8x2.8x
Wed, 02 Mar 2022NZ$1.4bNZ$509.6mNZ$53.5m26.5x26.2x2.7x
Fri, 28 Jan 2022NZ$1.4bNZ$495.7mNZ$49.8m26.3x27.9x2.8x
Sun, 26 Dec 2021NZ$1.5bNZ$498.7mNZ$49.8m28x29.3x2.9x
Tue, 23 Nov 2021NZ$1.5bNZ$498.7mNZ$49.8mn/a29.4x2.9x
Thu, 21 Oct 2021NZ$1.4bNZ$471.0mNZ$41.5m97x34x3x
Sat, 18 Sep 2021NZ$1.3bNZ$471.0mNZ$41.5m99.7x31.5x2.8x
Mon, 16 Aug 2021NZ$1.3bNZ$471.0mNZ$41.5m101x30.8x2.7x
Mon, 31 May 2021NZ$1.1bNZ$463.8mNZ$39.6m86.1x28x2.4x
Thu, 04 Mar 2021NZ$1.0bNZ$456.5mNZ$37.8m73.7x27.3x2.3x
Sun, 06 Dec 2020NZ$757.2mNZ$447.0mNZ$24.8m19x30.6x1.7x
Wed, 09 Sep 2020NZ$669.1mNZ$437.5mNZ$11.7m18.4x57x1.5x
Tue, 02 Jun 2020NZ$528.9mNZ$448.0mNZ$14.6m13.7x36.2x1.2x
Fri, 06 Mar 2020NZ$544.2mNZ$461.3mNZ$17.5m14x31.1x1.2x
Price to Earnings Ratio

24x


Total Market Cap: NZ$648.2mTotal Earnings: NZ$27.0mTotal Revenue: NZ$467.5mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Machinery Industry Price to Earnings3Y Average 29.7x202120222023
Current Industry PE
    There are only 2 companies in the New Zealander Machinery industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 31% per year over the last three years.
  • Revenues for these companies have grown 4.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the New Zealand Industrials industry?

NZ Market0.68%
Industrials0.48%
Machinery3.47%
Industrial Machinery3.47%
Construction Machinery and Vehicles0%
Agricultural Machinery0%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 29.8x.
    • Analysts are expecting annual earnings growth of 8.7%, which is lower than the prior year's growth of 33.7% per year.
  • Investors are most pessimistic about the Industrial Machinery industry, which is trading below its 3-year average of 29.8x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 8.7% over the next 5 years.
  • However this is lower than its past earnings growth rate of 34% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 8.7% 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
SKL Skellerup HoldingsNZ$5.562.8%
+NZ$29.4m
-5.4%PE22.8x
SCT Scott TechnologyNZ$2.832.9%
+NZ$6.4m
-11.6%PE18x
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Latest News

SCT

NZ$2.83

Scott Technology

7D

2.9%

1Y

-11.6%

SKL

NZ$5.56

Skellerup Holdings

7D

2.8%

1Y

-5.4%