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New Zealand (NZX) Machinery Industry Analysis

UpdatedApr 16, 2024
DataAggregated Company Financials
Companies2
  • 7D-3.5%
  • 3M-11.2%
  • 1Y-9.6%
  • YTD-12.7%

All of the companies in the Machinery industry have been up over the last week, with the industry up 3.8%. However, the industry is down 9.0% over the past year. Earnings are forecast to grow by 9.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Apr 2024NZ$1.1bNZ$593.3mNZ$65.1m16.3x16.7x1.8x
Thu, 14 Mar 2024NZ$1.1bNZ$593.3mNZ$65.1m16.2x16.2x1.8x
Sat, 10 Feb 2024NZ$1.3bNZ$698.9mNZ$70.6m18.3x19x1.9x
Mon, 08 Jan 2024NZ$1.4bNZ$698.9mNZ$70.6m19.4x20x2x
Wed, 06 Dec 2023NZ$1.3bNZ$601.1mNZ$66.5m18.7x19.1x2.1x
Fri, 03 Nov 2023NZ$1.2bNZ$601.1mNZ$66.5m18.6x18.2x2x
Sun, 01 Oct 2023NZ$1.2bNZ$568.0mNZ$66.7m17.2x17.6x2.1x
Tue, 29 Aug 2023NZ$1.1bNZ$568.0mNZ$66.7m16.5x16.3x1.9x
Thu, 27 Jul 2023NZ$1.2bNZ$566.3mNZ$63.4m18.1x18.3x2.1x
Sat, 24 Jun 2023NZ$1.2bNZ$566.3mNZ$63.4m17.7x18.5x2.1x
Mon, 22 May 2023NZ$1.2bNZ$566.3mNZ$63.4m17.3x18.5x2.1x
Wed, 19 Apr 2023NZ$1.2bNZ$566.3mNZ$63.4m17.6x18.9x2.1x
Fri, 17 Mar 2023NZ$1.2bNZ$553.6mNZ$60.2m19.4x19.9x2.2x
Sun, 12 Feb 2023NZ$1.3bNZ$538.6mNZ$60.5m20.1x21.4x2.4x
Tue, 10 Jan 2023NZ$1.2bNZ$538.6mNZ$60.5m19x20.5x2.3x
Thu, 08 Dec 2022NZ$1.3bNZ$538.6mNZ$60.5m20x21.5x2.4x
Sat, 05 Nov 2022NZ$1.3bNZ$538.6mNZ$60.5m20.4x21.9x2.5x
Mon, 03 Oct 2022NZ$1.3bNZ$547.0mNZ$57.4m22.7x22.2x2.3x
Wed, 31 Aug 2022NZ$1.3bNZ$547.0mNZ$57.4m23.5x23x2.4x
Fri, 29 Jul 2022NZ$1.2bNZ$523.5mNZ$53.5m23.2x23.2x2.4x
Sun, 26 Jun 2022NZ$1.2bNZ$523.5mNZ$53.5m23.5x22.6x2.3x
Tue, 24 May 2022NZ$1.3bNZ$523.5mNZ$53.5m24.8x24.4x2.5x
Thu, 21 Apr 2022NZ$1.4bNZ$523.5mNZ$53.5m25.7x26x2.7x
Sat, 19 Mar 2022NZ$1.4bNZ$509.6mNZ$53.5m26.1x26.4x2.8x
Mon, 14 Feb 2022NZ$1.5bNZ$495.7mNZ$49.8m29.1x30.6x3.1x
Wed, 12 Jan 2022NZ$1.5bNZ$498.7mNZ$49.8m29.3x30.8x3.1x
Fri, 10 Dec 2021NZ$1.5bNZ$498.7mNZ$49.8mn/a30.2x3x
Sun, 07 Nov 2021NZ$1.5bNZ$498.7mNZ$49.8m28.5x30.1x3x
Tue, 05 Oct 2021NZ$1.4bNZ$471.0mNZ$41.5m102.9x33.8x3x
Thu, 02 Sep 2021NZ$1.3bNZ$471.0mNZ$41.5m100.2x31.5x2.8x
Sat, 31 Jul 2021NZ$1.2bNZ$471.0mNZ$41.5m93.4x29.2x2.6x
Tue, 04 May 2021NZ$1.1bNZ$463.8mNZ$39.6m84.5x27.8x2.4x
Price to Earnings Ratio

27.8x


Total Market Cap: NZ$1.1bTotal Earnings: NZ$39.6mTotal Revenue: NZ$463.8mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Machinery Industry Price to Earnings3Y Average 23.1x202220232024
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 18% per year over the last three years.
  • Revenues for these companies have grown 8.6% 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-0.73%
Industrials-1.18%
Machinery-3.49%
Construction Machinery and Vehicles0%
Agricultural Machinery0%
Industrial Machinery-3.49%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 23.3x.
    • Analysts are expecting annual earnings growth of 9.6%, which is lower than the prior year's growth of 13.5% per year.
  • Investors are most pessimistic about the Industrial Machinery industry, which is trading below its 3-year average of 23.3x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 9.6% over the next 5 years.
  • However this is lower than its past earnings growth rate of 14% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 9.6% 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$3.001.7%
+NZ$4.1m		2.7%PE15.7x
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Latest News

SCT

NZ$3.00

Scott Technology

7D

1.7%

1Y

2.7%

SKL

NZ$4.20

Skellerup Holdings

7D

-3.4%

1Y

-14.5%