Header cover image

U.S. Machinery Industry Analysis

UpdatedDec 01, 2021
DataAggregated Company Financials
Companies202
  • 7D-5.6%
  • 3M-4.6%
  • 1Y15.1%
  • YTD12.8%

Over the last 7 days, the Machinery industry has dropped 5.6%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 15%.

Industry Valuation and Performance

Has the U.S. Machinery Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021US$854.4bUS$396.9bUS$36.2b28.6x
Fri, 29 Oct 2021US$864.9bUS$385.9bUS$32.9b29.3x
Sun, 26 Sep 2021US$861.0bUS$387.0bUS$32.7b29.4x
Tue, 24 Aug 2021US$894.0bUS$384.7bUS$31.5b30.2x
Wed, 30 Jun 2021US$877.6bUS$377.1bUS$30.6b30.8x
Sat, 03 Apr 2021US$873.4bUS$351.5bUS$24.3b32.6x
Tue, 05 Jan 2021US$749.2bUS$342.6bUS$21.1b31x
Fri, 09 Oct 2020US$622.8bUS$343.1bUS$19.5b24.4x
Thu, 02 Jul 2020US$554.9bUS$351.9bUS$23.0b22.2x
Sun, 05 Apr 2020US$438.2bUS$378.5bUS$28.9b16.3x
Wed, 08 Jan 2020US$616.0bUS$388.4bUS$32.0b22.9x
Tue, 01 Oct 2019US$554.9bUS$390.9bUS$32.8b20.1x
Fri, 05 Jul 2019US$576.1bUS$389.9bUS$33.1b19.4x
Mon, 08 Apr 2019US$553.1bUS$385.5bUS$32.7b19.5x
Thu, 10 Jan 2019US$484.0bUS$378.0bUS$29.9b17.2x
PE Ratio

19.8x

Total Market Cap: US$538.3bTotal Earnings: US$26.2bTotal Revenue: US$374.4b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 24.3x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Machinery industry have grown 11% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the U.S. Machinery industry?

Agricultural Machinery-3.00%
Industrial Machinery-6.05%
Construction Machinery and Vehicles-6.41%

Industry PE: Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 26.5x. However analysts are expecting annual earnings growth of 14%, which is lower than the prior year's growth of 36% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Construction Machinery and Vehicles industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 16.8x.

Forecasted Growth: Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 17% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Agricultural Machinery industry is expected to see its earnings grow by 6.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
AERC AeroClean Technologiesn/aUS$346.6mn/aPB89.5x
STRC Sarcos Technology and Robotics17.0%+US$154.1mn/aPS141.3x
IDEX Ideanomics10.3%+US$74.7m-26.8%PS8.1x
MVST Microvast Holdings1.8%+US$44.8m-25.9%PS19x
NISN Nisun International Enterprise Development Group16.7%+US$22.2m-47.9%PE6.8x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

DOV

US$163.85

Dover

7D

-6.9%

1Y

33.6%

XOS

US$4.03

Xos

7D

0.5%

1Y

n/a

CAT

US$193.35

Caterpillar

7D

-5.8%

1Y

11.6%

EML

US$25.11

Eastern

7D

2.1%

1Y

18.1%