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New Zealand (NZX) Machinery Industry Analysis

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies2
  • 7D0.5%
  • 3M5.0%
  • 1Y17.2%
  • YTD8.2%

In the last week, the Machinery industry is up 1.7%, with all of the companies up. This means that the industry has gained 17% over the past year. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 01 Mar 2026NZ$1.4bNZ$646.9mNZ$73.7m17.6x18.6x2.1x
Tue, 27 Jan 2026NZ$1.3bNZ$628.8mNZ$68.9m17.8x18.3x2x
Thu, 25 Dec 2025NZ$1.3bNZ$628.8mNZ$68.9m17.7x18.3x2x
Sat, 22 Nov 2025NZ$1.3bNZ$628.8mNZ$68.9m18.2x19.1x2.1x
Mon, 20 Oct 2025NZ$1.2bNZ$610.5mNZ$62.3m22.9x19.7x2x
Wed, 17 Sep 2025NZ$1.2bNZ$610.5mNZ$62.3m21.8x18.9x1.9x
Fri, 15 Aug 2025NZ$1.1bNZ$595.2mNZ$57.2m20.2x19.2x1.9x
Sun, 13 Jul 2025NZ$1.1bNZ$595.2mNZ$57.2m20.7x19.9x1.9x
Tue, 10 Jun 2025NZ$1.1bNZ$595.2mNZ$57.2m18.7x18.7x1.8x
Thu, 08 May 2025NZ$996.8mNZ$595.2mNZ$57.2m17.9x17.4x1.7x
Sat, 05 Apr 2025NZ$1.0bNZ$614.3mNZ$57.3m18.5x17.6x1.6x
Mon, 03 Mar 2025NZ$1.2bNZ$614.3mNZ$57.3m20.7x20.3x1.9x
Wed, 29 Jan 2025NZ$1.2bNZ$606.7mNZ$54.7m21.9x21.3x1.9x
Fri, 27 Dec 2024NZ$1.2bNZ$606.7mNZ$54.7m22.5x21.4x1.9x
Sun, 24 Nov 2024NZ$1.2bNZ$606.7mNZ$54.7m22x21.1x1.9x
Tue, 22 Oct 2024NZ$1.1bNZ$606.7mNZ$54.7m19.2x19.3x1.7x
Thu, 19 Sep 2024NZ$1.1bNZ$612.4mNZ$59.0m17.1x18.7x1.8x
Sat, 17 Aug 2024NZ$1.1bNZ$612.4mNZ$59.0m17.7x19x1.8x
Mon, 15 Jul 2024NZ$1.0bNZ$607.6mNZ$61.7m16.6x16.8x1.7x
Wed, 12 Jun 2024NZ$941.6mNZ$607.6mNZ$61.7m15.4x15.3x1.5x
Fri, 10 May 2024NZ$959.6mNZ$607.6mNZ$61.7m15.8x15.6x1.6x
Sun, 07 Apr 2024NZ$1.2bNZ$593.3mNZ$65.1m17.1x17.7x1.9x
Tue, 05 Mar 2024NZ$1.2bNZ$691.1mNZ$69.3m17x18x1.8x
Thu, 01 Feb 2024NZ$1.3bNZ$698.9mNZ$70.6m18.3x19.1x1.9x
Sat, 30 Dec 2023NZ$1.3bNZ$601.1mNZ$66.5m18.6x19x2.1x
Mon, 27 Nov 2023NZ$1.3bNZ$601.1mNZ$66.5m19.1x19.5x2.2x
Wed, 25 Oct 2023NZ$1.2bNZ$601.1mNZ$66.5m18.4x18.3x2x
Fri, 22 Sep 2023NZ$1.2bNZ$568.0mNZ$66.7m17.1x17.4x2x
Sun, 20 Aug 2023NZ$1.2bNZ$566.3mNZ$63.4m18.1x18.2x2x
Tue, 18 Jul 2023NZ$1.2bNZ$566.3mNZ$63.4m18.2x18.7x2.1x
Thu, 15 Jun 2023NZ$1.1bNZ$566.3mNZ$63.4m16.6x17.8x2x
Sat, 13 May 2023NZ$1.2bNZ$566.3mNZ$63.4m17.2x18.4x2.1x
Mon, 10 Apr 2023NZ$1.2bNZ$553.6mNZ$60.2m19.3x20.3x2.2x
Wed, 08 Mar 2023NZ$1.2bNZ$553.6mNZ$60.2m19.7x20.5x2.2x
Price to Earnings Ratio

20.5x


Total Market Cap: NZ$1.2bTotal Earnings: NZ$60.2mTotal Revenue: NZ$553.6mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Machinery Industry Price to Earnings3Y Average 18.6x202420252026
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 7.0% per year over the last three years.
  • Revenues for these companies have grown 5.3% 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 Market2.56%
Industrials1.62%
Machinery0.51%
Industrial Machinery0.51%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 18.6x.
    • Analysts are expecting annual earnings growth of 10.6%, which is lower than the prior year's growth of 51.4% per year.
  • Investors are most pessimistic about the Industrial Machinery industry, which is trading close to its 3-year average of 18.6x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 11% over the next 5 years.
  • However this is lower than its past earnings growth rate of 51% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 11% 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
SCT Scott TechnologyNZ$2.722.3%
+NZ$5.0m		34.0%PE15.9x
SKL Skellerup HoldingsNZ$5.810.2%
+NZ$2.0m		14.4%PE19.2x

Latest News

SKL
NZ$5.81
Skellerup Holdings
7D
0.2%
1Y
14.4%

SKL: Dividend Increase And Earnings Guidance Will Support Future Fair Value

Analysts have slightly reduced their Skellerup Holdings price target to reflect modestly lower assumptions for long-term revenue growth and profit margins, as well as a small adjustment to the forward P/E multiple. What's in the News The Board declared an interim dividend of 10.0 cents per share for the period ended 31 December 2025, imputed at 40%, with payment scheduled for 19 March 2026 to shareholders on the register at 5pm on 6 March 2026 (Key Developments).
SCT
NZ$2.72
Scott Technology
7D
2.3%
1Y
34.0%