Valuation Trading Multiples & Precedent Transactions: Capital Equipment and Machinery Manufacturers
Valuation benchmarks for Capital Equipment and Machinery Manufacturers. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Capital Equipment and Machinery Manufacturers Market Context & Valuation Drivers
Companies in this group are original equipment manufacturers of specialty capital equipment and engineered systems serving industrial, energy, and transportation end markets. They design, build, and integrate complex machinery and deliver lifecycle services. They are grouped as comps given similar long‑cycle order profiles, project execution risk, installed base economics, and recurring aftermarket revenue that drive valuation benchmarks across revenue growth, margins, backlog, and cash generation.
Typical capabilities include factory and process automation systems, wind turbine design and installation, power system automation and grid T&D equipment such as transformers, switchgear, and circuit breakers, rail rolling stock and signalling, heavy‑duty truck manufacturing, power electronics modules, and aerospace components. Business models span turnkey project delivery, integration and commissioning, parts distribution, predictive maintenance and service contracts, controls software, and performance upgrades that monetize the installed base over multi‑year cycles.
Primary customers include industrial manufacturers, utilities and grid operators, rail and transit agencies, renewable energy developers, and commercial transportation fleets. Valuation drivers emphasize order intake and backlog, revenue growth across equipment and services, gross and operating margins, aftermarket mix and retention, delivery schedules and capacity utilization, and free cash flow conversion. Contracted service revenue and installed‑base expansion support visibility, while project execution and supply chain dynamics influence risk and multiples.
2. Valuation Analysis: Public Trading Comps & Multiples for Capital Equipment and Machinery Manufacturers companies
2.1 - Public Peer Groups & Median Valuation Multiples for Capital Equipment and Machinery Manufacturers sector
Comparable group 1: Capital Equipment and Machinery Manufacturers
ATS Automation Tooling Systems
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of automation solutions offering custom automation, repeat automation, and related products and services, including pre-automation and after-sales services, addressing the manufacturing automation needs of various industries such as life sciences, food and beverage, transportation, and energy.
- Key Products:
- Custom Automation: Tailored automation solutions for specific manufacturing needs
- Repeat Automation: Scalable automation systems for various applications
- Automation Products: Tools and equipment for enhancing automation capabilities
- Pre-Automation Services: Consultancy, discovery, and concept development
- After-Sales Services: Maintenance, support, and optimization of automation systems.
NARI Technology
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of power and automation technologies focusing on the development, production, and sale of electrical control and industrial automation products, including automation control systems for power systems and smart grids.
- Key Products:
- Power System Automation: Solutions for automation in power systems, smart grids, and renewable energy integration
- Industrial Automation Control: Products for industrial control and system automation
- Power Electronics: Development and manufacturing of high-power IGBT modules
- Rail Traffic Control: Solutions for rail traffic automation and safety control
- Energy Conservation Technologies: Products and services aimed at energy saving and environmental protection.