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New Zealand (NZX) Machinery Industry Analysis

UpdatedMay 21, 2026
DataAggregated Company Financials
Companies2
  • 7D-4.0%
  • 3M-0.5%
  • 1Y28.2%
  • YTD6.0%

The Machinery industry has been flat over the last week, but Skellerup Holdings has lost 4.0%. The past year has been better, since the industry has gained 29% in that time. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 May 2026NZ$1.3bNZ$653.3mNZ$73.7m16.5x18.2x2.1x
Sat, 18 Apr 2026NZ$1.3bNZ$653.6mNZ$73.7m16.8x18.2x2x
Mon, 16 Mar 2026NZ$1.3bNZ$646.9mNZ$73.7m16x17.4x2x
Wed, 11 Feb 2026NZ$1.3bNZ$628.8mNZ$68.9m18.1x19.4x2.1x
Fri, 09 Jan 2026NZ$1.3bNZ$628.8mNZ$68.9m17.7x18.4x2x
Sun, 07 Dec 2025NZ$1.3bNZ$628.8mNZ$68.9m18.1x18.5x2x
Tue, 04 Nov 2025NZ$1.3bNZ$628.8mNZ$68.9m19x19.4x2.1x
Thu, 02 Oct 2025NZ$1.2bNZ$610.5mNZ$62.3m21.8x19.7x2x
Sat, 30 Aug 2025NZ$1.1bNZ$610.5mNZ$62.3m19.7x18.4x1.9x
Mon, 28 Jul 2025NZ$1.1bNZ$595.2mNZ$57.2m20.2x19.8x1.9x
Wed, 25 Jun 2025NZ$1.1bNZ$595.2mNZ$57.2m19.5x18.6x1.8x
Fri, 23 May 2025NZ$1.0bNZ$595.2mNZ$57.2m18.3x18.1x1.7x
Sun, 20 Apr 2025NZ$959.8mNZ$595.2mNZ$57.2m18.3x16.8x1.6x
Tue, 18 Mar 2025NZ$1.1bNZ$614.3mNZ$57.3m19.2x19.1x1.8x
Thu, 13 Feb 2025NZ$1.2bNZ$606.7mNZ$54.7m22.3x21.6x1.9x
Sat, 11 Jan 2025NZ$1.2bNZ$606.7mNZ$54.7m22.3x21.4x1.9x
Mon, 09 Dec 2024NZ$1.2bNZ$606.7mNZ$54.7m21.8x21.6x1.9x
Wed, 06 Nov 2024NZ$1.1bNZ$606.7mNZ$54.7m21.6x20.7x1.9x
Fri, 04 Oct 2024NZ$1.0bNZ$612.4mNZ$59.0m16.3x17.8x1.7x
Sun, 01 Sep 2024NZ$1.1bNZ$612.4mNZ$59.0m17.6x19.3x1.9x
Tue, 30 Jul 2024NZ$1.1bNZ$607.6mNZ$61.7m17.2x17.4x1.8x
Thu, 27 Jun 2024NZ$933.6mNZ$607.6mNZ$61.7m14.4x15.1x1.5x
Sat, 25 May 2024NZ$957.7mNZ$607.6mNZ$61.7m15.5x15.5x1.6x
Mon, 22 Apr 2024NZ$1.1bNZ$593.3mNZ$65.1m16x16.6x1.8x
Wed, 20 Mar 2024NZ$1.1bNZ$593.3mNZ$65.1m15.9x16.3x1.8x
Fri, 16 Feb 2024NZ$1.4bNZ$698.9mNZ$70.6m17.3x19.1x1.9x
Sun, 14 Jan 2024NZ$1.4bNZ$698.9mNZ$70.6m18.5x19.3x1.9x
Tue, 12 Dec 2023NZ$1.3bNZ$601.1mNZ$66.5m18.3x18.8x2.1x
Thu, 09 Nov 2023NZ$1.3bNZ$601.1mNZ$66.5m19.4x18.9x2.1x
Sat, 07 Oct 2023NZ$1.2bNZ$568.0mNZ$66.7m17.6x18.1x2.1x
Mon, 04 Sep 2023NZ$1.1bNZ$568.0mNZ$66.7m16.4x16.4x1.9x
Wed, 02 Aug 2023NZ$1.1bNZ$566.3mNZ$63.4m17.9x18.1x2x
Fri, 30 Jun 2023NZ$1.1bNZ$566.3mNZ$63.4m16.9x17.6x2x
Sun, 28 May 2023NZ$1.1bNZ$566.3mNZ$63.4m16.7x17.9x2x
Price to Earnings Ratio

17.9x


Total Market Cap: NZ$1.1bTotal Earnings: NZ$63.4mTotal Revenue: NZ$566.3mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Machinery Industry Price to Earnings3Y Average 18.5x202420252026
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 5.1% per year over the last three years.
  • Revenues for these companies have grown 4.9% 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 Market-2.10%
Industrials-3.45%
Machinery-4.03%
Industrial Machinery-4.03%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 18.5x.
    • Analysts are expecting annual earnings growth of 11.1%, which is lower than the prior year's growth of 52.3% per year.
  • Investors are most pessimistic about the Industrial Machinery industry, which is trading close to its 3-year average of 18.5x.
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 52% 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
No data available

Latest News

SKL
NZ$5.83
Skellerup Holdings
7D
-4.0%
1Y
28.4%
Narrative Update • May 17

SKL: Fair Value View Will Depend On Margins And FY26 Earnings Guidance

Analysts have maintained their NZ$6.25 price target for Skellerup Holdings, making only minor adjustments to assumptions around the discount rate, profit margin, revenue growth and future P/E, which together result in an unchanged view of fair value. Valuation Changes Fair Value: NZ$6.25 remains unchanged, with no adjustment to the assessed fair value per share.
SCT
NZ$2.34
Scott Technology
7D
-4.5%
1Y
27.2%