Narrative Update • Jul 02

Over the last 7 days, the Agricultural Machinery industry has remained flat. The past year has been better, since the industry has gained 14% in that time. As for the next few years, earnings are expected to grow by 17% per annum.
Has the U.S. Agricultural Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 05 Jul 2026 | US$202.6b | US$84.6b | US$6.3b | 22.5x | 32.3x | 2.4x |
| Tue, 02 Jun 2026 | US$179.5b | US$84.6b | US$6.3b | 19.3x | 28.6x | 2.1x |
| Thu, 30 Apr 2026 | US$186.2b | US$83.6b | US$6.4b | 19.7x | 28.9x | 2.2x |
| Sat, 28 Mar 2026 | US$191.9b | US$83.8b | US$6.4b | 19.5x | 30.2x | 2.3x |
| Mon, 23 Feb 2026 | US$220.6b | US$83.7b | US$6.4b | 22.2x | 34.4x | 2.6x |
| Wed, 21 Jan 2026 | US$174.5b | US$82.3b | US$6.4b | 21.9x | 27.4x | 2.1x |
| Fri, 19 Dec 2025 | US$161.9b | US$82.4b | US$6.4b | 20.2x | 25.5x | 2x |
| Sun, 16 Nov 2025 | US$159.7b | US$81.0b | US$6.6b | 20.7x | 24.4x | 2x |
| Tue, 14 Oct 2025 | US$152.5b | US$81.3b | US$6.5b | 20.2x | 23.5x | 1.9x |
| Thu, 11 Sep 2025 | US$163.2b | US$81.3b | US$6.5b | 22.1x | 25.2x | 2x |
| Sat, 09 Aug 2025 | US$173.3b | US$82.5b | US$7.0b | 21.1x | 24.8x | 2.1x |
| Mon, 07 Jul 2025 | US$178.9b | US$84.0b | US$6.5b | 23.7x | 27.5x | 2.1x |
| Wed, 04 Jun 2025 | US$172.3b | US$84.0b | US$6.5b | 21.3x | 26.5x | 2.1x |
| Fri, 02 May 2025 | US$157.4b | US$88.3b | US$7.5b | 18.4x | 20.9x | 1.8x |
| Sun, 30 Mar 2025 | US$160.0b | US$88.3b | US$7.5b | 18.8x | 21.4x | 1.8x |
| Tue, 25 Feb 2025 | US$169.5b | US$88.4b | US$7.5b | 19.2x | 22.6x | 1.9x |
| Thu, 23 Jan 2025 | US$162.6b | US$94.9b | US$9.5b | 19.4x | 17.1x | 1.7x |
| Sat, 21 Dec 2024 | US$148.8b | US$94.9b | US$9.5b | 19.4x | 15.7x | 1.6x |
| Mon, 18 Nov 2024 | US$142.3b | US$99.2b | US$10.6b | 19.9x | 13.4x | 1.4x |
| Wed, 16 Oct 2024 | US$143.8b | US$101.4b | US$11.2b | 17.5x | 12.9x | 1.4x |
| Fri, 13 Sep 2024 | US$138.2b | US$101.4b | US$11.2b | 16.7x | 12.4x | 1.4x |
| Sun, 11 Aug 2024 | US$127.1b | US$104.0b | US$12.3b | 16.4x | 10.4x | 1.2x |
| Tue, 09 Jul 2024 | US$131.4b | US$105.6b | US$13.3b | 10.3x | 9.9x | 1.2x |
| Thu, 06 Jun 2024 | US$134.8b | US$105.6b | US$13.3b | 10.8x | 10.1x | 1.3x |
| Sat, 04 May 2024 | US$146.7b | US$107.8b | US$13.8b | 13x | 10.6x | 1.4x |
| Mon, 01 Apr 2024 | US$154.1b | US$108.8b | US$13.9b | 12.7x | 11.1x | 1.4x |
| Wed, 28 Feb 2024 | US$139.6b | US$109.1b | US$14.0b | 11.3x | 10x | 1.3x |
| Fri, 26 Jan 2024 | US$147.7b | US$109.7b | US$14.2b | 11.8x | 10.4x | 1.3x |
| Sun, 24 Dec 2023 | US$151.2b | US$109.8b | US$14.2b | 11.9x | 10.7x | 1.4x |
| Tue, 21 Nov 2023 | US$146.6b | US$110.2b | US$13.9b | 11.5x | 10.5x | 1.3x |
| Thu, 19 Oct 2023 | US$144.9b | US$108.2b | US$13.8b | 11x | 10.5x | 1.3x |
| Sat, 16 Sep 2023 | US$153.1b | US$108.2b | US$13.8b | 11.8x | 11.1x | 1.4x |
| Mon, 14 Aug 2023 | US$168.5b | US$106.6b | US$12.8b | 14.1x | 13.2x | 1.6x |
| Wed, 12 Jul 2023 | US$164.1b | US$105.4b | US$12.3b | 13.6x | 13.3x | 1.6x |
13.3x
How does U.S. Agricultural Machinery compare with similar industries?
| US Market | 1.63% | |
| Industrials | -0.14% | |
| Machinery | -1.83% | |
| Agricultural Machinery | 0.83% | |
| Industrial Machinery | -1.19% | |
| Construction Machinery and Vehicles | -3.19% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DE Deere | US$621.27 | 1.3% +US$2.2b | 19.3% | PE35.1x | |
| TTC Toro | US$97.08 | 0.3% +US$23.8m | 30.2% | PE27.2x | |
| ALG Alamo Group | US$170.25 | 0.9% +US$17.6m | -24.7% | PE20.5x | |
| ARTW Art's-Way Manufacturing | US$2.69 | 3.5% +US$466.3k | 18.5% | PE10.8x |