Narrative Update • Jun 01

Last week, the Machinery industry hasn't moved much but Scott Technology is up 3.7% in that time. As for the the longer term, the industry is up 33% over the past 12 months. As for the next few years, earnings are expected to grow by 11% per annum.
Has the New Zealand Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 04 Jun 2026 | NZ$1.4b | NZ$653.3m | NZ$73.7m | 17.2x | 18.6x | 2.1x |
| Sat, 02 May 2026 | NZ$1.4b | NZ$653.3m | NZ$73.7m | 16.4x | 18.4x | 2.1x |
| Mon, 30 Mar 2026 | NZ$1.2b | NZ$646.9m | NZ$73.7m | 15.7x | 16.9x | 1.9x |
| Wed, 25 Feb 2026 | NZ$1.4b | NZ$646.9m | NZ$73.7m | 17.6x | 18.8x | 2.1x |
| Fri, 23 Jan 2026 | NZ$1.2b | NZ$628.8m | NZ$68.9m | 17.6x | 18.1x | 2x |
| Sun, 21 Dec 2025 | NZ$1.2b | NZ$628.8m | NZ$68.9m | 17.4x | 18x | 2x |
| Tue, 18 Nov 2025 | NZ$1.3b | NZ$628.8m | NZ$68.9m | 18.1x | 19x | 2.1x |
| Thu, 16 Oct 2025 | NZ$1.3b | NZ$610.5m | NZ$62.3m | 25.1x | 20.4x | 2.1x |
| Sat, 13 Sep 2025 | NZ$1.2b | NZ$610.5m | NZ$62.3m | 21.7x | 19.1x | 1.9x |
| Mon, 11 Aug 2025 | NZ$1.1b | NZ$595.2m | NZ$57.2m | 20.1x | 19.2x | 1.8x |
| Wed, 09 Jul 2025 | NZ$1.1b | NZ$595.2m | NZ$57.2m | 20.7x | 19.9x | 1.9x |
| Fri, 06 Jun 2025 | NZ$1.1b | NZ$595.2m | NZ$57.2m | 18.8x | 18.4x | 1.8x |
| Sun, 04 May 2025 | NZ$974.8m | NZ$595.2m | NZ$57.2m | 18.1x | 17x | 1.6x |
| Tue, 01 Apr 2025 | NZ$1.1b | NZ$614.3m | NZ$57.3m | 18.2x | 18.7x | 1.7x |
| Thu, 27 Feb 2025 | NZ$1.1b | NZ$614.3m | NZ$57.3m | 20.8x | 19.8x | 1.8x |
| Sat, 25 Jan 2025 | NZ$1.2b | NZ$606.7m | NZ$54.7m | 22.4x | 21.5x | 1.9x |
| Mon, 23 Dec 2024 | NZ$1.2b | NZ$606.7m | NZ$54.7m | 22.2x | 21.1x | 1.9x |
| Wed, 20 Nov 2024 | NZ$1.1b | NZ$606.7m | NZ$54.7m | 20.6x | 20.6x | 1.9x |
| Fri, 18 Oct 2024 | NZ$1.0b | NZ$609.3m | NZ$54.7m | 19.3x | 19x | 1.7x |
| Sun, 15 Sep 2024 | NZ$1.1b | NZ$612.4m | NZ$59.0m | 17.5x | 19.3x | 1.9x |
| Tue, 13 Aug 2024 | NZ$1.1b | NZ$607.6m | NZ$61.7m | 16.2x | 17.2x | 1.7x |
| Thu, 11 Jul 2024 | NZ$1.0b | NZ$607.6m | NZ$61.7m | 16.2x | 16.5x | 1.7x |
| Sat, 08 Jun 2024 | NZ$948.3m | NZ$607.6m | NZ$61.7m | 15.8x | 15.4x | 1.6x |
| Mon, 06 May 2024 | NZ$1.0b | NZ$607.6m | NZ$61.7m | 16.6x | 16.9x | 1.7x |
| Wed, 03 Apr 2024 | NZ$1.1b | NZ$593.3m | NZ$65.1m | 16.3x | 17.1x | 1.9x |
| Fri, 01 Mar 2024 | NZ$1.2b | NZ$691.1m | NZ$69.3m | 17x | 18x | 1.8x |
| Sun, 28 Jan 2024 | NZ$1.4b | NZ$698.9m | NZ$70.6m | 18.7x | 19.3x | 1.9x |
| Tue, 26 Dec 2023 | NZ$1.3b | NZ$601.1m | NZ$66.5m | 18.6x | 19x | 2.1x |
| Thu, 23 Nov 2023 | NZ$1.3b | NZ$601.1m | NZ$66.5m | 19x | 19.4x | 2.1x |
| Sat, 21 Oct 2023 | NZ$1.2b | NZ$601.1m | NZ$66.5m | 18.4x | 18.3x | 2x |
| Mon, 18 Sep 2023 | NZ$1.2b | NZ$568.0m | NZ$66.7m | 17.2x | 17.9x | 2.1x |
| Wed, 16 Aug 2023 | NZ$1.1b | NZ$566.3m | NZ$63.4m | 17.3x | 17x | 1.9x |
| Fri, 14 Jul 2023 | NZ$1.2b | NZ$566.3m | NZ$63.4m | 18.2x | 18.9x | 2.1x |
| Sun, 11 Jun 2023 | NZ$1.1b | NZ$566.3m | NZ$63.4m | 16.5x | 17.7x | 2x |
17.7x
Which industries have driven the changes within the New Zealand Industrials industry?
| NZ Market | -0.43% | |
| Industrials | 0.85% | |
| Machinery | 0.27% | |
| Industrial Machinery | 0.27% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SKL Skellerup Holdings | NZ$5.94 | 0.3% +NZ$3.9m | 28.9% | PE19.6x | |
| SCT Scott Technology | NZ$2.50 | 1.6% +NZ$3.4m | 38.9% | PE14.8x |