Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Australian (ASX) Commercial Services Industry Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies20
  • 7D-0.5%
  • 3M-7.5%
  • 1Y16.6%
  • YTD-0.5%

Over the last 7 days, the Commercial Services industry has remained flat, although notably Intelligent Monitoring Group gained 3.4%. The past year has been better, since the industry has gained 17% in that time. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Australian Commercial Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Jan 2026AU$45.3bAU$27.3bAU$1.6b37.6x28.8x1.7x
Tue, 09 Dec 2025AU$45.9bAU$27.4bAU$1.6b36.9x29x1.7x
Thu, 06 Nov 2025AU$46.9bAU$27.7bAU$1.6b33.3x29.1x1.7x
Sat, 04 Oct 2025AU$49.2bAU$27.5bAU$1.6b35.6x31x1.8x
Mon, 01 Sep 2025AU$50.2bAU$27.6bAU$1.6b34.4x31.4x1.8x
Wed, 30 Jul 2025AU$45.9bAU$27.5bAU$1.5b25.3x30.1x1.7x
Fri, 27 Jun 2025AU$44.8bAU$27.5bAU$1.5b25.2x29.5x1.6x
Sun, 25 May 2025AU$43.1bAU$27.6bAU$1.5b23.1x28.2x1.6x
Tue, 22 Apr 2025AU$41.7bAU$28.9bAU$1.6b18.1x25.5x1.4x
Thu, 20 Mar 2025AU$40.7bAU$29.0bAU$1.6b17.6x24.7x1.4x
Sat, 15 Feb 2025AU$40.2bAU$28.7bAU$1.6b21.7x24.9x1.4x
Mon, 13 Jan 2025AU$40.5bAU$29.4bAU$1.7b21.2x24.4x1.4x
Wed, 11 Dec 2024AU$41.1bAU$29.0bAU$1.6b21.5x25.5x1.4x
Fri, 08 Nov 2024AU$40.3bAU$28.9bAU$1.6b22.4x25.4x1.4x
Sun, 06 Oct 2024AU$39.8bAU$28.7bAU$1.6b20.8x25.4x1.4x
Tue, 03 Sep 2024AU$39.4bAU$28.8bAU$1.6b20.2x25.1x1.4x
Thu, 01 Aug 2024AU$35.0bAU$28.9bAU$780.7m16.9x44.9x1.2x
Sat, 29 Jun 2024AU$33.8bAU$28.7bAU$743.5m17.3x45.5x1.2x
Mon, 27 May 2024AU$33.8bAU$28.7bAU$737.4m17.1x45.8x1.2x
Wed, 24 Apr 2024AU$34.7bAU$29.3bAU$754.7m18.2x46x1.2x
Fri, 22 Mar 2024AU$34.9bAU$29.1bAU$727.3m20x48x1.2x
Sun, 18 Feb 2024AU$34.9bAU$28.5bAU$611.8m23.6x57.1x1.2x
Tue, 16 Jan 2024AU$32.2bAU$28.8bAU$492.0m23.8x65.5x1.1x
Thu, 14 Dec 2023AU$31.3bAU$28.9bAU$507.8m23x61.5x1.1x
Sat, 11 Nov 2023AU$31.3bAU$29.2bAU$542.5m18.6x57.7x1.1x
Mon, 09 Oct 2023AU$31.5bAU$29.2bAU$536.6m19.5x58.8x1.1x
Wed, 06 Sep 2023AU$34.1bAU$29.2bAU$559.0m21x61.1x1.2x
Fri, 04 Aug 2023AU$32.4bAU$27.5bAU$1.0b26.2x32.1x1.2x
Sun, 02 Jul 2023AU$32.3bAU$27.4bAU$990.5m27.2x32.6x1.2x
Tue, 30 May 2023AU$31.2bAU$27.5bAU$1.0b23.9x30.9x1.1x
Thu, 27 Apr 2023AU$31.2bAU$27.4bAU$997.7m25.6x31.2x1.1x
Sat, 25 Mar 2023AU$29.3bAU$27.4bAU$994.8m23.2x29.5x1.1x
Mon, 20 Feb 2023AU$29.0bAU$25.8bAU$872.1m28.4x33.2x1.1x
Wed, 18 Jan 2023AU$28.3bAU$25.6bAU$851.6m26.7x33.2x1.1x
Price to Earnings Ratio

33.2x


Total Market Cap: AU$28.3bTotal Earnings: AU$851.6mTotal Revenue: AU$25.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Commercial Services Industry Price to Earnings3Y Average 37.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Australian Commercial 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 28.8x which is lower than its 3-year average PE of 37.7x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Commercial Services industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 2.1% 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 Market0.16%
Industrials0.36%
Commercial Services-0.53%
Security and Alarm Services3.28%
Office Services and Supplies0%0
Diversified Support Services-0.50%
Environmental and Facilities Services-0.85%
Commercial Printing-18.52%
Industry PE
  • Investors are most optimistic about the Commercial Printing industry which is trading above its 3-year average PE ratio of 11.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Security and Alarm Services industry, expecting annual earnings growth of 93% over the next 5 years.
  • This is better than its past earnings decline of 21% per year.
  • In contrast, the Diversified Support Services industry is expected to see its earnings grow by 10% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
IMB Intelligent Monitoring GroupAU$0.763.4%
+AU$10.3m		49.5%PS1.8x
PET Phoslock Environmental TechnologiesAU$0.01623.1%
+AU$1.9m		n/aPS6.2x
H2G Greenhy2AU$0.0117.6%
+AU$1.0m		150.0%PS12.2x
STG StrakerAU$0.362.9%
+AU$643.4k		-33.3%PS0.7x
AVD AVADA GroupAU$0.143.8%
+AU$424.7k		-72.2%PS0.06x

Latest News

SPZ
AU$1.22
Smart Parking
7D
-6.9%
1Y
45.2%

SPZ: Stable Margins And High Future P/E Will Support Upside Potential

Analysts have made only minor technical adjustments to their Smart Parking valuation inputs, leaving the implied fair value steady at A$1.45 and indicating that their core assumptions remain largely unchanged. Valuation Changes Fair Value: Kept steady at A$1.45, with no change in the implied valuation level.
ECT
AU$0.17
Environmental Clean Technologies
7D
-13.2%
1Y
450.0%
DOW
AU$7.88
Downer EDI
7D
-1.3%
1Y
52.4%

DOW: Long Term NZ Road And Chevron Contracts Will Shape Balanced Outlook

Analysts have kept their fair value estimate for Downer EDI steady at A$8.50, with only small tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E, resulting in a largely unchanged price target view. What's in the News Selected as preferred contractor for NZ Transport Agency Waka Kotahi road network maintenance across four state highway contracts in Central Waikato, Taranaki, Tairawhiti and Coastal Otago, with work scheduled to commence in May 2026, subject to finalising contract terms (Client Announcements).
BXB
AU$22.71
Brambles
7D
-0.4%
1Y
16.9%

BXB: Small Model Adjustments Will Support A Steady Medium-Term Outlook

The analyst price target for Brambles has edged from A$24.80 to A$24.67, with analysts pointing to fine tuning of discount rate, revenue growth, profit margin, and forward P/E assumptions rather than any major shift in their view. Valuation Changes Fair value was trimmed slightly from A$24.80 to A$24.67 per share, reflecting minor model adjustments rather than a change in the core view.
MAD
AU$7.47
Mader Group
7D
-0.7%
1Y
19.5%

MAD: Stable Margins And Earnings Assumptions Will Support Stronger Outlook

Analysts have adjusted their price target for Mader Group to A$9.15 from A$9.15, reflecting updated views on discount rate, revenue growth, profit margins and future P/E assumptions, while leaving their overall valuation conclusion effectively unchanged. Valuation Changes Fair Value: Fair value estimate is unchanged at A$9.15 per share.
IMB
AU$0.76
Intelligent Monitoring Group
7D
3.4%
1Y
49.5%
SSH
AU$0.18
SSH Group
7D
1.4%
1Y
131.3%
IFN
AU$0.78
Infragreen Group
7D
-5.5%
1Y
n/a

A Look At The Fair Value Of Infragreen Group Limited (ASX:IFN)

Dec 24
A Look At The Fair Value Of Infragreen Group Limited (ASX:IFN)
PET
AU$0.016
Phoslock Environmental Technologies
7D
23.1%
1Y
n/a
H2G
AU$0.01
Greenhy2
7D
17.6%
1Y
150.0%
STG
AU$0.36
Straker
7D
2.9%
1Y
-33.3%
T3D
AU$0.044
333D
7D
-18.5%
1Y
214.3%
AVD
AU$0.14
AVADA Group
7D
3.8%
1Y
-72.2%
SUG
AU$0.94
Sugar Terminals
7D
-3.1%
1Y
-10.9%