Here's Why Engenco (ASX:EGN) Can Manage Its Debt Responsibly
Oct 23
Australian (ASX) Machinery Industry Analysis
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies18
- 7D-0.9%
- 3M-5.8%
- 1Y-3.7%
- YTD-0.4%
Over the last 7 days, the Machinery industry has remained flat, although notably Zicom Group gained 39%. As for the longer term, the industry has declined 3.4% in the last year. Looking forward, earnings are forecast to grow by 45% annually.
Industry Valuation and Performance
Has the Australian Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | AU$1.9b | AU$1.2b | -AU$26,782,540.00 | 18.5x | -72.3x | 1.6x |
| Thu, 28 Sep 2023 | AU$2.0b | AU$1.2b | -AU$26,319,096.00 | 19x | -75.1x | 1.7x |
| Sat, 26 Aug 2023 | AU$2.0b | AU$1.2b | -AU$26,144,062.00 | 20.3x | -75.7x | 1.7x |
| Mon, 24 Jul 2023 | AU$2.0b | AU$1.1b | -AU$28,501,131.00 | 21.9x | -70.5x | 1.8x |
| Wed, 21 Jun 2023 | AU$1.1b | AU$1.1b | -AU$14,577,847.00 | 20.6x | -78.6x | 1x |
| Fri, 19 May 2023 | AU$1.2b | AU$1.1b | -AU$14,800,897.00 | 21.8x | -79.1x | 1.1x |
| Sun, 16 Apr 2023 | AU$1.3b | AU$1.1b | -AU$14,791,860.00 | 22.9x | -85.3x | 1.2x |
| Tue, 14 Mar 2023 | AU$1.3b | AU$1.1b | -AU$14,708,216.00 | 23.8x | -86.1x | 1.2x |
| Thu, 09 Feb 2023 | AU$1.4b | AU$1.1b | -AU$17,009,490.00 | 21.9x | -80.5x | 1.2x |
| Sat, 07 Jan 2023 | AU$1.3b | AU$1.1b | -AU$14,712,799.00 | 21.7x | -87.9x | 1.1x |
| Mon, 05 Dec 2022 | AU$1.3b | AU$1.1b | -AU$14,871,048.00 | 21.6x | -86.2x | 1.1x |
| Wed, 02 Nov 2022 | AU$1.3b | AU$1.2b | -AU$15,830,889.00 | 22.1x | -82.3x | 1.1x |
| Fri, 30 Sep 2022 | AU$1.2b | AU$1.2b | -AU$15,366,062.00 | 22x | -80.6x | 1.1x |
| Sun, 28 Aug 2022 | AU$1.3b | AU$1.1b | -AU$22,702,723.00 | 25.8x | -58.2x | 1.2x |
| Tue, 26 Jul 2022 | AU$1.4b | AU$1.0b | -AU$14,433,751.00 | 20.3x | -99.8x | 1.4x |
| Thu, 23 Jun 2022 | AU$1.3b | AU$997.1m | -AU$28,700,066.00 | 18.7x | -44x | 1.3x |
| Sat, 21 May 2022 | AU$1.5b | AU$1.0b | -AU$29,255,958.00 | 18.7x | -52.5x | 1.5x |
| Mon, 18 Apr 2022 | AU$1.7b | AU$997.6m | -AU$28,304,056.00 | 22x | -61.1x | 1.7x |
| Wed, 16 Mar 2022 | AU$1.8b | AU$1.0b | -AU$20,040,020.00 | 22.8x | -89x | 1.8x |
| Fri, 11 Feb 2022 | AU$2.1b | AU$982.0m | -AU$25,581,854.00 | 23.1x | -80.2x | 2.1x |
| Sun, 09 Jan 2022 | AU$2.0b | AU$952.8m | -AU$29,064,150.00 | 23.5x | -68.6x | 2.1x |
| Tue, 07 Dec 2021 | AU$2.0b | AU$956.3m | -AU$29,624,721.00 | 24.6x | -68.9x | 2.1x |
| Thu, 04 Nov 2021 | AU$2.5b | AU$957.9m | -AU$27,979,992.00 | 30.9x | -90.8x | 2.7x |
| Sat, 02 Oct 2021 | AU$2.7b | AU$962.6m | -AU$28,640,509.00 | 25.9x | -94.1x | 2.8x |
| Mon, 30 Aug 2021 | AU$1.4b | AU$952.5m | -AU$18,848,068.24 | 20.7x | -72.7x | 1.4x |
| Tue, 06 Jul 2021 | AU$1.3b | AU$952.5m | -AU$18,848,068.24 | 15.3x | -69.3x | 1.4x |
| Fri, 09 Apr 2021 | AU$1.3b | AU$984.2m | AU$1.9m | 12.3x | 674.1x | 1.3x |
| Thu, 31 Dec 2020 | AU$1.7b | AU$1.3b | -AU$5,968,297.58 | 14.7x | -286.5x | 1.3x |
Price to Earnings Ratio
-31.3x
Current Industry PE
- Investors are relatively neutral on the Australian Machinery industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have improved over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since losses are shrinking while sales have been flat.
Industry Trends
Which industries have driven the changes within the Australian Industrials industry?
| AU Market | -0.99% | |
| Industrials | -1.75% | |
| Machinery | -0.85% | |
| Agricultural Machinery | 0% | |
| Industrial Machinery | -0.19% | |
| Construction Machinery and Vehicles | -2.79% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 50% over the next 5 years.
- This is better than its past earnings growth rate of 31% per year.
- In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 24% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZGL Zicom Group | AU$0.064 | 39.1% +AU$3.9m | -5.9% | PS0.1x | |
| 3DA Amaero International | AU$0.23 | 2.2% +AU$2.1m | 206.7% | PS121.3x | |
| FBR FBR | AU$0.024 | 0% AU$143.7k | -52.9% | PS57.4x | |
| ROO Roots Sustainable Agricultural Technologies | AU$0.0055 | 10.0% +AU$76.1k | -81.7% | PS2.1x |