BSA Limited's (ASX:BSA) Low P/S No Reason For Excitement
Apr 29
Australian (ASX) Diversified Support Services Industry Analysis
UpdatedMay 02, 2024
DataAggregated Company Financials
Companies15
- 7D-1.4%
- 3M0.4%
- 1Y6.3%
- YTDn/a
Over the last 7 days, the Diversified Support Services industry has dropped 1.4%, driven by Brambles declining 0.8%. Meanwhile, Namoi Cotton actually outperformed within the industry, gaining 21% in the last week. Over the past 12 months, the industry was up 6.3%. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the Australian Diversified Support Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 May 2024 | AU$26.8b | AU$25.3b | AU$691.2m | 18.5x | 38.8x | 1.1x |
| Sun, 31 Mar 2024 | AU$29.8b | AU$25.3b | AU$685.1m | 20.8x | 43.5x | 1.2x |
| Tue, 27 Feb 2024 | AU$27.9b | AU$25.2b | AU$674.9m | 20.8x | 41.3x | 1.1x |
| Thu, 25 Jan 2024 | AU$27.2b | AU$24.6b | AU$551.6m | 24x | 49.2x | 1.1x |
| Sat, 23 Dec 2023 | AU$25.6b | AU$24.3b | AU$521.1m | 23.3x | 49.1x | 1.1x |
| Mon, 20 Nov 2023 | AU$24.8b | AU$24.8b | AU$567.2m | 18.4x | 43.7x | 1x |
| Wed, 18 Oct 2023 | AU$26.0b | AU$25.1b | AU$600.9m | 19.3x | 43.3x | 1x |
| Fri, 15 Sep 2023 | AU$27.0b | AU$24.9b | AU$578.0m | 20.7x | 46.7x | 1.1x |
| Sun, 13 Aug 2023 | AU$26.2b | AU$23.9b | AU$506.0m | 21.3x | 51.8x | 1.1x |
| Tue, 11 Jul 2023 | AU$25.3b | AU$23.3b | AU$1.0b | 21.8x | 25.1x | 1.1x |
| Thu, 08 Jun 2023 | AU$24.2b | AU$23.2b | AU$997.5m | 19.6x | 24.2x | 1x |
| Sat, 06 May 2023 | AU$25.0b | AU$23.1b | AU$995.2m | 22.1x | 25.2x | 1.1x |
| Mon, 03 Apr 2023 | AU$23.9b | AU$23.2b | AU$1.0b | 20.8x | 23.8x | 1x |
| Wed, 01 Mar 2023 | AU$22.9b | AU$22.9b | AU$996.3m | 20x | 23x | 1x |
| Fri, 27 Jan 2023 | AU$21.8b | AU$21.8b | AU$893.2m | 20.2x | 24.4x | 1x |
| Sun, 25 Dec 2022 | AU$22.0b | AU$22.2b | AU$937.9m | 19.9x | 23.5x | 1x |
| Tue, 22 Nov 2022 | AU$22.0b | AU$22.3b | AU$935.2m | 21x | 23.5x | 1x |
| Thu, 20 Oct 2022 | AU$21.6b | AU$22.8b | AU$984.0m | 17.6x | 22x | 0.9x |
| Sat, 17 Sep 2022 | AU$22.8b | AU$22.2b | AU$924.2m | 19.7x | 24.7x | 1x |
| Mon, 15 Aug 2022 | AU$22.5b | AU$21.4b | AU$886.6m | 19.9x | 25.4x | 1.1x |
| Wed, 13 Jul 2022 | AU$21.2b | AU$21.9b | AU$927.0m | 18x | 22.9x | 1x |
| Fri, 10 Jun 2022 | AU$21.5b | AU$21.3b | AU$874.5m | 19.7x | 24.6x | 1x |
| Sun, 08 May 2022 | AU$20.8b | AU$21.4b | AU$882.7m | 19.1x | 23.6x | 1x |
| Tue, 05 Apr 2022 | AU$19.9b | AU$21.0b | AU$842.6m | 18.9x | 23.6x | 0.9x |
| Thu, 03 Mar 2022 | AU$20.3b | AU$21.3b | AU$866.1m | 19.2x | 23.4x | 1x |
| Sat, 29 Jan 2022 | AU$20.1b | AU$21.7b | AU$893.3m | 21.2x | 22.5x | 0.9x |
| Mon, 27 Dec 2021 | AU$21.8b | AU$21.5b | AU$875.0m | 23.8x | 24.9x | 1x |
| Wed, 24 Nov 2021 | AU$21.7b | AU$21.4b | AU$872.6m | 22.9x | 24.9x | 1x |
| Fri, 22 Oct 2021 | AU$21.8b | AU$21.1b | AU$845.3m | 21.5x | 25.8x | 1x |
| Sun, 19 Sep 2021 | AU$23.2b | AU$21.3b | AU$868.6m | 21.9x | 26.7x | 1.1x |
| Tue, 17 Aug 2021 | AU$24.0b | AU$21.1b | AU$846.6m | 19.4x | 28.3x | 1.1x |
| Tue, 01 Jun 2021 | AU$21.9b | AU$20.9b | AU$674.3m | 22.5x | 32.4x | 1x |
Price to Earnings Ratio
31.6x
Current Industry PE
- Investors are optimistic on the Australian Diversified Support Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 38.8x which is higher than its 3-year average PE of 29.9x.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Diversified Support Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 6.6% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Australian Diversified Support Services compare with similar industries?
| AU Market | -1.54% | |
| Industrials | -2.51% | |
| Commercial Services | -1.33% | |
| Diversified Support Services | -1.39% | |
| Commercial Printing | 16.67% | |
| Office Services and Supplies | 0% | |
| Environmental and Facilities Services | -1.04% | |
| Security and Alarm Services | -19.32% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NAM Namoi Cotton | AU$0.72 | 21.0% +AU$25.7m | 73.5% | PE21.4x | |
| AMA AMA Group | AU$0.06 | 9.1% +AU$9.0m | -61.3% | PS0.1x | |
| BSA BSA | AU$0.70 | 7.7% +AU$3.6m | 12.0% | PE4.1x | |
| H2G Greenhy2 | AU$0.01 | 66.7% +AU$1.7m | -50.0% | PS29.9x | |
| STG Straker | AU$0.51 | 5.2% +AU$1.6m | -28.9% | PS0.7x |
