Narrative Update • Jun 23

In the last week, Commercial Services has been flat. Unfortunately though, the industry is down 13% over the past 12 months. Earnings are forecast to grow by 13% annually.
Has the Australian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jun 2026 | AU$39.1b | AU$27.3b | AU$1.6b | 30.8x | 24.4x | 1.4x |
| Sat, 23 May 2026 | AU$36.2b | AU$27.0b | AU$1.6b | 30.8x | 23.2x | 1.3x |
| Mon, 20 Apr 2026 | AU$43.3b | AU$26.9b | AU$1.5b | 29.7x | 27.9x | 1.6x |
| Wed, 18 Mar 2026 | AU$43.5b | AU$27.0b | AU$1.6b | 28.7x | 27.8x | 1.6x |
| Fri, 13 Feb 2026 | AU$45.3b | AU$26.7b | AU$1.5b | 36.7x | 30.4x | 1.7x |
| Sun, 11 Jan 2026 | AU$45.3b | AU$27.3b | AU$1.6b | 37.6x | 28.8x | 1.7x |
| Tue, 09 Dec 2025 | AU$45.9b | AU$27.4b | AU$1.6b | 36.9x | 29x | 1.7x |
| Thu, 06 Nov 2025 | AU$46.9b | AU$27.7b | AU$1.6b | 33.3x | 29.1x | 1.7x |
| Sat, 04 Oct 2025 | AU$49.2b | AU$27.5b | AU$1.6b | 35.6x | 31x | 1.8x |
| Mon, 01 Sep 2025 | AU$50.2b | AU$27.6b | AU$1.6b | 34.4x | 31.4x | 1.8x |
| Wed, 30 Jul 2025 | AU$45.9b | AU$27.5b | AU$1.5b | 25.3x | 30.1x | 1.7x |
| Fri, 27 Jun 2025 | AU$44.8b | AU$27.5b | AU$1.5b | 25.2x | 29.5x | 1.6x |
| Sun, 25 May 2025 | AU$43.1b | AU$27.6b | AU$1.5b | 23.1x | 28.2x | 1.6x |
| Tue, 22 Apr 2025 | AU$41.7b | AU$28.9b | AU$1.6b | 18.1x | 25.5x | 1.4x |
| Thu, 20 Mar 2025 | AU$40.7b | AU$29.0b | AU$1.6b | 17.6x | 24.7x | 1.4x |
| Sat, 15 Feb 2025 | AU$40.2b | AU$28.7b | AU$1.6b | 21.7x | 24.9x | 1.4x |
| Mon, 13 Jan 2025 | AU$40.5b | AU$29.4b | AU$1.7b | 21.2x | 24.4x | 1.4x |
| Wed, 11 Dec 2024 | AU$41.1b | AU$29.0b | AU$1.6b | 21.5x | 25.5x | 1.4x |
| Fri, 08 Nov 2024 | AU$40.3b | AU$28.9b | AU$1.6b | 22.4x | 25.4x | 1.4x |
| Sun, 06 Oct 2024 | AU$39.8b | AU$28.7b | AU$1.6b | 20.8x | 25.4x | 1.4x |
| Tue, 03 Sep 2024 | AU$39.4b | AU$28.8b | AU$1.6b | 20.2x | 25.1x | 1.4x |
| Thu, 01 Aug 2024 | AU$35.0b | AU$28.9b | AU$780.7m | 16.9x | 44.9x | 1.2x |
| Sat, 29 Jun 2024 | AU$33.8b | AU$28.7b | AU$743.5m | 17.3x | 45.5x | 1.2x |
| Mon, 27 May 2024 | AU$33.8b | AU$28.7b | AU$737.4m | 17.1x | 45.8x | 1.2x |
| Wed, 24 Apr 2024 | AU$34.7b | AU$29.3b | AU$754.7m | 18.2x | 46x | 1.2x |
| Fri, 22 Mar 2024 | AU$34.9b | AU$29.1b | AU$727.3m | 20x | 48x | 1.2x |
| Sun, 18 Feb 2024 | AU$34.9b | AU$28.5b | AU$611.8m | 23.6x | 57.1x | 1.2x |
| Tue, 16 Jan 2024 | AU$32.2b | AU$28.8b | AU$492.0m | 23.8x | 65.5x | 1.1x |
| Thu, 14 Dec 2023 | AU$31.3b | AU$28.9b | AU$507.8m | 23x | 61.5x | 1.1x |
| Sat, 11 Nov 2023 | AU$31.3b | AU$29.2b | AU$542.5m | 18.6x | 57.7x | 1.1x |
| Mon, 09 Oct 2023 | AU$31.5b | AU$29.2b | AU$536.6m | 19.5x | 58.8x | 1.1x |
| Wed, 06 Sep 2023 | AU$34.1b | AU$29.2b | AU$559.0m | 21x | 61.1x | 1.2x |
| Fri, 04 Aug 2023 | AU$32.4b | AU$27.5b | AU$1.0b | 26.2x | 32.1x | 1.2x |
| Sun, 02 Jul 2023 | AU$32.3b | AU$27.4b | AU$990.5m | 27.2x | 32.6x | 1.2x |
32.6x
Which industries have driven the changes within the Australian Industrials industry?
| AU Market | -1.77% | |
| Industrials | 0.86% | |
| Commercial Services | 0.60% | |
| Diversified Support Services | 1.15% | |
| Office Services and Supplies | 0% | 0 |
| Security and Alarm Services | -1.35% | |
| Environmental and Facilities Services | -2.30% | |
| Commercial Printing | -35.19% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BXB Brambles | AU$19.38 | 3.0% +AU$764.2m | -16.3% | PE19.4x | |
| SPZ Smart Parking | AU$0.82 | 2.5% +AU$8.3m | -7.3% | PE59.2x | |
| SUG Sugar Terminals | AU$0.82 | 2.5% +AU$7.2m | -16.3% | PE9.4x | |
| H2G H2G | AU$0.01 | 11.1% +AU$799.3k | -33.3% | PS6x | |
| CNQ Clean TeQ Water | AU$0.51 | 0.5% +AU$221.2k | 201.5% | PS2.7x |