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Australian (ASX) Commercial Services Industry Analysis

UpdatedJan 13, 2026
DataAggregated Company Financials
Companies20
  • 7D2.3%
  • 3M-4.5%
  • 1Y19.8%
  • YTD1.4%

Over the last 7 days, the Commercial Services industry has risen 2.3%, driven by gains from Brambles of 3.1%. This means that the industry has gained 20% over the past year. 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
Tue, 13 Jan 2026AU$46.2bAU$27.3bAU$1.6b38.8x29.4x1.7x
Thu, 11 Dec 2025AU$45.6bAU$27.4bAU$1.6b35.6x28.8x1.7x
Sat, 08 Nov 2025AU$47.2bAU$27.7bAU$1.6b33.1x29.4x1.7x
Mon, 06 Oct 2025AU$49.2bAU$27.5bAU$1.6b35.5x31x1.8x
Wed, 03 Sep 2025AU$50.4bAU$27.6bAU$1.6b33.9x31.4x1.8x
Fri, 01 Aug 2025AU$46.7bAU$27.7bAU$1.5b25.6x30.4x1.7x
Sun, 29 Jun 2025AU$45.1bAU$27.5bAU$1.5b25.4x29.7x1.6x
Tue, 27 May 2025AU$43.2bAU$27.5bAU$1.5b23.2x28.3x1.6x
Thu, 24 Apr 2025AU$42.2bAU$28.9bAU$1.6b18.4x25.8x1.5x
Sat, 22 Mar 2025AU$41.4bAU$29.1bAU$1.7b17.7x25x1.4x
Mon, 17 Feb 2025AU$40.2bAU$28.7bAU$1.6b21.7x24.9x1.4x
Wed, 15 Jan 2025AU$39.9bAU$29.3bAU$1.7b20.8x24.2x1.4x
Fri, 13 Dec 2024AU$40.5bAU$29.0bAU$1.6b23.2x25.2x1.4x
Sun, 10 Nov 2024AU$40.5bAU$28.9bAU$1.6b22.5x25.4x1.4x
Tue, 08 Oct 2024AU$40.1bAU$28.8bAU$1.6b21.6x25.5x1.4x
Thu, 05 Sep 2024AU$39.0bAU$28.9bAU$1.6b20.7x24.7x1.4x
Sat, 03 Aug 2024AU$34.4bAU$28.9bAU$778.6m16.6x44.2x1.2x
Mon, 01 Jul 2024AU$33.8bAU$28.7bAU$741.9m17.3x45.6x1.2x
Wed, 29 May 2024AU$34.0bAU$28.7bAU$731.1m18x46.5x1.2x
Fri, 26 Apr 2024AU$33.7bAU$29.2bAU$745.3m18.5x45.2x1.2x
Sun, 24 Mar 2024AU$35.0bAU$29.2bAU$741.4m19.8x47.2x1.2x
Tue, 20 Feb 2024AU$34.9bAU$28.5bAU$611.6m21.5x57x1.2x
Thu, 18 Jan 2024AU$32.3bAU$28.9bAU$507.7m23.5x63.7x1.1x
Sat, 16 Dec 2023AU$31.6bAU$28.7bAU$484.3m23x65.2x1.1x
Mon, 13 Nov 2023AU$31.3bAU$29.2bAU$541.0m18.6x57.8x1.1x
Wed, 11 Oct 2023AU$31.7bAU$29.2bAU$533.7m19.6x59.4x1.1x
Fri, 08 Sep 2023AU$33.9bAU$29.2bAU$558.2m21.5x60.7x1.2x
Sun, 06 Aug 2023AU$32.5bAU$27.5bAU$1.0b25.8x32.4x1.2x
Tue, 04 Jul 2023AU$32.5bAU$27.4bAU$991.3m26.4x32.8x1.2x
Thu, 01 Jun 2023AU$30.9bAU$27.6bAU$1.0b24.6x30.4x1.1x
Sat, 29 Apr 2023AU$31.0bAU$27.4bAU$1.0b27.5x30.9x1.1x
Mon, 27 Mar 2023AU$29.3bAU$27.3bAU$993.4m23.2x29.5x1.1x
Wed, 22 Feb 2023AU$29.1bAU$25.8bAU$890.7m27.7x32.6x1.1x
Fri, 20 Jan 2023AU$28.1bAU$25.7bAU$859.6m27x32.7x1.1x
Price to Earnings Ratio

32.7x


Total Market Cap: AU$28.1bTotal Earnings: AU$859.6mTotal Revenue: AU$25.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Commercial Services Industry Price to Earnings3Y Average 37.6x202420252026
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 29.4x which is lower than its 3-year average PE of 37.6x.
  • 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 22% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Australian Industrials industry?

AU Market0.73%
Industrials1.46%
Commercial Services2.35%
Diversified Support Services2.55%
Security and Alarm Services1.28%
Environmental and Facilities Services1.26%
Office Services and Supplies0%0
Commercial Printing-18.87%
Industry PE
  • Investors are most optimistic about the Commercial Printing industry which is trading above its 3-year average PE ratio of 11.8x.
    • 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
BXB BramblesAU$23.394.8%
+AU$1.5b		23.2%PE24.7x
CWY Cleanaway Waste ManagementAU$2.591.2%
+AU$67.2m		-6.5%PE37x
DOW Downer EDIAU$7.991.3%
+AU$66.0m		56.7%PE42.4x
MAD Mader GroupAU$7.531.2%
+AU$18.3m		22.2%PE26.8x
SPZ Smart ParkingAU$1.262.9%
+AU$14.3m		45.1%PE94.6x

Latest News

BXB
AU$23.39
Brambles
7D
4.8%
1Y
23.2%

With EPS Growth And More, Brambles (ASX:BXB) Makes An Interesting Case

Jan 13
With EPS Growth And More, Brambles (ASX:BXB) Makes An Interesting Case
ECT
AU$0.18
Environmental Clean Technologies
7D
5.9%
1Y
500.0%
SPZ
AU$1.26
Smart Parking
7D
2.9%
1Y
45.1%

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.
AMA
AU$0.76
AMA Group
7D
-1.3%
1Y
35.7%

AMA: Higher Margins And Revenue Assumptions Will Support Bullish Repricing

Analysts have lifted their price target for AMA Group to A$1.13 from A$0.11, reflecting updated assumptions around slightly higher revenue growth, margins, and a lower future P/E multiple. Valuation Changes Fair Value: updated from A$0.11 to A$1.13 per share, reflecting the revised model assumptions.
DOW
AU$7.99
Downer EDI
7D
1.3%
1Y
56.7%

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).
MAD
AU$7.53
Mader Group
7D
1.2%
1Y
22.2%

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$0.74
Intelligent Monitoring Group
7D
-2.0%
1Y
52.6%
SSH
AU$0.20
SSH Group
7D
12.9%
1Y
146.9%
IFN
AU$0.75
Infragreen Group
7D
-8.0%
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)
CWY
AU$2.59
Cleanaway Waste Management
7D
1.2%
1Y
-6.5%

Cleanaway Waste Management Limited (ASX:CWY) Not Flying Under The Radar

Dec 07
Cleanaway Waste Management Limited (ASX:CWY) Not Flying Under The Radar
STG
AU$0.40
Straker
7D
19.7%
1Y
-26.2%
T3D
AU$0.044
333D
7D
-6.4%
1Y
340.0%
SUG
AU$0.94
Sugar Terminals
7D
-1.1%
1Y
-10.9%