June 02, 2025
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2025 Mid-Year Market Update: Industrial Technology
2025 Mid-Year Market Update: Industrial Technology
Thu, 05/29/2025
The TM&IA sector continued to outperform the broader market
Valuations in the Test & Measurement and Industrial Automation (TM&IA) sector have rebounded along with the broader market since the Liberation Day sell off. However, each of the indices are trading below the three-year average EV/EBTIDA multiple by approximately 0.5x compared to +1.7x for the S&P 500.
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