Ashley Services Group (ASX:ASH) Seems To Use Debt Quite Sensibly
May 31
Australian (ASX) Professional Services Industry Analysis
UpdatedJun 03, 2024
DataAggregated Company Financials
Companies24
- 7D0.1%
- 3M2.1%
- 1Y10.2%
- YTD7.1%
Last week, the Professional Services industry hasn't moved much but APM Human Services International is up 22% in that time. The past year has been better, since the industry has gained 10% in that time. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Australian Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 04 Jun 2024 | AU$28.7b | AU$13.4b | AU$1.0b | 19.3x | 28.6x | 2.1x |
| Thu, 02 May 2024 | AU$29.6b | AU$14.4b | AU$1.4b | 19.3x | 20.5x | 2x |
| Sat, 30 Mar 2024 | AU$29.9b | AU$14.4b | AU$1.4b | 20.3x | 20.8x | 2.1x |
| Mon, 26 Feb 2024 | AU$29.1b | AU$14.1b | AU$1.5b | 19.2x | 19.8x | 2.1x |
| Wed, 24 Jan 2024 | AU$28.4b | AU$13.8b | AU$1.2b | 20.3x | 23.5x | 2.1x |
| Fri, 22 Dec 2023 | AU$27.8b | AU$13.6b | AU$1.2b | 18.8x | 23.2x | 2x |
| Sun, 19 Nov 2023 | AU$27.2b | AU$13.8b | AU$1.2b | 19.2x | 22.2x | 2x |
| Tue, 17 Oct 2023 | AU$28.7b | AU$13.9b | AU$1.2b | 17.7x | 23x | 2.1x |
| Thu, 14 Sep 2023 | AU$28.6b | AU$13.8b | AU$1.2b | 18.7x | 23.1x | 2.1x |
| Sat, 12 Aug 2023 | AU$28.4b | AU$12.9b | AU$677.7m | 19.4x | 42x | 2.2x |
| Mon, 10 Jul 2023 | AU$27.0b | AU$12.8b | AU$663.3m | 16.5x | 40.7x | 2.1x |
| Wed, 07 Jun 2023 | AU$26.8b | AU$12.8b | AU$665.4m | 16.4x | 40.2x | 2.1x |
| Fri, 05 May 2023 | AU$27.4b | AU$12.8b | AU$652.6m | 16.7x | 41.9x | 2.1x |
| Sun, 02 Apr 2023 | AU$26.7b | AU$12.8b | AU$652.2m | 17.1x | 40.9x | 2.1x |
| Tue, 28 Feb 2023 | AU$13.1b | AU$7.0b | AU$503.4m | 19.4x | 26.1x | 1.9x |
| Thu, 26 Jan 2023 | AU$13.6b | AU$6.7b | AU$489.9m | 20.1x | 27.7x | 2x |
| Sat, 24 Dec 2022 | AU$13.1b | AU$6.7b | AU$489.7m | 19.7x | 26.7x | 2x |
| Mon, 21 Nov 2022 | AU$13.5b | AU$6.7b | AU$489.9m | 19.6x | 27.6x | 2x |
| Wed, 19 Oct 2022 | AU$13.7b | AU$6.5b | AU$416.5m | 19.1x | 32.9x | 2.1x |
| Fri, 16 Sep 2022 | AU$14.0b | AU$6.5b | AU$417.3m | 20.4x | 33.5x | 2.2x |
| Sun, 14 Aug 2022 | AU$14.2b | AU$5.9b | AU$318.1m | 30.2x | 44.7x | 2.4x |
| Tue, 12 Jul 2022 | AU$12.8b | AU$5.9b | AU$318.1m | 25.8x | 40.2x | 2.2x |
| Thu, 09 Jun 2022 | AU$13.6b | AU$5.9b | AU$318.1m | 31.6x | 42.9x | 2.3x |
| Sat, 07 May 2022 | AU$14.1b | AU$5.8b | AU$306.2m | 31.6x | 46.2x | 2.5x |
| Mon, 04 Apr 2022 | AU$14.7b | AU$5.8b | AU$307.3m | 33.6x | 48x | 2.6x |
| Wed, 02 Mar 2022 | AU$14.3b | AU$8.0b | AU$295.5m | 33.5x | 48.4x | 1.8x |
| Fri, 28 Jan 2022 | AU$11.3b | AU$4.6b | AU$325.4m | 20.8x | 34.9x | 2.5x |
| Sun, 26 Dec 2021 | AU$12.9b | AU$4.6b | AU$326.0m | 20.7x | 39.5x | 2.8x |
| Tue, 23 Nov 2021 | AU$12.7b | AU$4.6b | AU$324.4m | 21.7x | 39.1x | 2.8x |
| Thu, 21 Oct 2021 | AU$13.6b | AU$4.4b | AU$318.6m | 22.1x | 42.7x | 3.1x |
| Sat, 18 Sep 2021 | AU$12.0b | AU$4.4b | AU$344.0m | 20.1x | 34.9x | 2.7x |
| Mon, 16 Aug 2021 | AU$11.7b | AU$4.4b | AU$344.3m | 20.6x | 33.9x | 2.7x |
Price to Earnings Ratio
34.8x
Current Industry PE
- Investors are pessimistic on the Australian Professional Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 28.6x which is lower than its 3-year average PE of 33.8x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Professional Services industry have grown 48% per year over the last three years.
- Revenues for these companies have grown 46% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Australian Industrials industry?
| AU Market | -0.33% | |
| Industrials | -0.25% | |
| Professional Services | 0.13% | |
| HR Services | 1.38% | |
| Research and Consulting Services | 0.90% | |
Industry PE
- Investors are most optimistic about the Research and Consulting Services industry which is trading above its 3-year average PE ratio of 36.4x.
- Analysts are expecting annual earnings growth of 24.2%, which is higher than its past year's earnings decline of 13.6% per year.
- Investors are most pessimistic about the HR Services industry, which is trading below its 3-year average of 26.1x.
Forecasted Growth
- Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 24% over the next 5 years.
- This is better than its past earnings decline of 14% per year.
- In contrast, the HR Services industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| APM APM Human Services International | AU$1.38 | 21.6% +AU$224.7m | -35.5% | PE17.1x | |
| ALQ ALS | AU$14.44 | 1.5% +AU$106.5m | 22.2% | PE541.9x | |
| KPG Kelly Partners Group Holdings | AU$7.65 | 2.1% +AU$7.2m | 69.2% | PE107.6x | |
| 1CG One Click Group | AU$0.009 | 12.5% +AU$759.8k | -18.2% | PS1.7x | |
| QIP QANTM Intellectual Property | AU$1.81 | 0.3% +AU$704.6k | 117.5% | PE21.5x |
