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%.
Has the U.S. Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 01 Dec 2021 | US$854.4b | US$396.9b | US$36.2b | 28.6x |
| Fri, 29 Oct 2021 | US$864.9b | US$385.9b | US$32.9b | 29.3x |
| Sun, 26 Sep 2021 | US$861.0b | US$387.0b | US$32.7b | 29.4x |
| Tue, 24 Aug 2021 | US$894.0b | US$384.7b | US$31.5b | 30.2x |
| Wed, 30 Jun 2021 | US$877.6b | US$377.1b | US$30.6b | 30.8x |
| Sat, 03 Apr 2021 | US$873.4b | US$351.5b | US$24.3b | 32.6x |
| Tue, 05 Jan 2021 | US$749.2b | US$342.6b | US$21.1b | 31x |
| Fri, 09 Oct 2020 | US$622.8b | US$343.1b | US$19.5b | 24.4x |
| Thu, 02 Jul 2020 | US$554.9b | US$351.9b | US$23.0b | 22.2x |
| Sun, 05 Apr 2020 | US$438.2b | US$378.5b | US$28.9b | 16.3x |
| Wed, 08 Jan 2020 | US$616.0b | US$388.4b | US$32.0b | 22.9x |
| Tue, 01 Oct 2019 | US$554.9b | US$390.9b | US$32.8b | 20.1x |
| Fri, 05 Jul 2019 | US$576.1b | US$389.9b | US$33.1b | 19.4x |
| Mon, 08 Apr 2019 | US$553.1b | US$385.5b | US$32.7b | 19.5x |
| Thu, 10 Jan 2019 | US$484.0b | US$378.0b | US$29.9b | 17.2x |
19.8x
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.
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.
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| AERC AeroClean Technologies | n/aUS$346.6m | n/a | PB89.5x | |
| STRC Sarcos Technology and Robotics | 17.0%+US$154.1m | n/a | PS141.3x | |
| IDEX Ideanomics | 10.3%+US$74.7m | -26.8% | PS8.1x | |
| MVST Microvast Holdings | 1.8%+US$44.8m | -25.9% | PS19x | |
| NISN Nisun International Enterprise Development Group | 16.7%+US$22.2m | -47.9% | PE6.8x |
