Narrative Update • Jun 23

The Commercial Services industry has stayed flat over the last week. As for the longer term, the industry has declined 12% in the last year. 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jun 2026 | AU$39.1b | AU$27.3b | AU$1.6b | 30.8x | 24.4x | 1.4x |
| Sun, 24 May 2026 | AU$36.2b | AU$27.0b | AU$1.6b | 30.8x | 23.3x | 1.3x |
| Tue, 21 Apr 2026 | AU$43.6b | AU$26.9b | AU$1.6b | 29.3x | 28.1x | 1.6x |
| Thu, 19 Mar 2026 | AU$43.7b | AU$27.0b | AU$1.6b | 29.3x | 28x | 1.6x |
| Sat, 14 Feb 2026 | AU$45.6b | AU$26.8b | AU$1.5b | 36.5x | 30.2x | 1.7x |
| Mon, 12 Jan 2026 | AU$45.3b | AU$27.3b | AU$1.6b | 37.6x | 28.8x | 1.7x |
| Wed, 10 Dec 2025 | AU$45.8b | AU$27.4b | AU$1.6b | 35.7x | 29x | 1.7x |
| Fri, 07 Nov 2025 | AU$47.0b | AU$27.6b | AU$1.6b | 33.2x | 29.3x | 1.7x |
| Sun, 05 Oct 2025 | AU$49.2b | AU$27.5b | AU$1.6b | 35.5x | 31x | 1.8x |
| Tue, 02 Sep 2025 | AU$50.1b | AU$27.6b | AU$1.6b | 33.9x | 31.4x | 1.8x |
| Thu, 31 Jul 2025 | AU$46.6b | AU$27.6b | AU$1.5b | 25.7x | 30.5x | 1.7x |
| Sat, 28 Jun 2025 | AU$45.1b | AU$27.5b | AU$1.5b | 25.5x | 29.7x | 1.6x |
| Mon, 26 May 2025 | AU$43.1b | AU$27.6b | AU$1.5b | 23.1x | 28.2x | 1.6x |
| Wed, 23 Apr 2025 | AU$41.3b | AU$28.9b | AU$1.6b | 18.1x | 25.3x | 1.4x |
| Fri, 21 Mar 2025 | AU$41.2b | AU$29.1b | AU$1.7b | 17.6x | 24.9x | 1.4x |
| Sun, 16 Feb 2025 | AU$40.2b | AU$28.7b | AU$1.6b | 21.7x | 24.9x | 1.4x |
| Tue, 14 Jan 2025 | AU$40.3b | AU$29.4b | AU$1.7b | 21x | 24.3x | 1.4x |
| Thu, 12 Dec 2024 | AU$40.7b | AU$29.0b | AU$1.6b | 23.2x | 25.1x | 1.4x |
| Sat, 09 Nov 2024 | AU$40.5b | AU$28.9b | AU$1.6b | 22.6x | 25.5x | 1.4x |
| Mon, 07 Oct 2024 | AU$39.8b | AU$28.7b | AU$1.6b | 20.8x | 25.4x | 1.4x |
| Wed, 04 Sep 2024 | AU$39.3b | AU$28.8b | AU$1.6b | 20.2x | 24.9x | 1.4x |
| Fri, 02 Aug 2024 | AU$35.0b | AU$28.9b | AU$776.1m | 16.9x | 45.1x | 1.2x |
| Sun, 30 Jun 2024 | AU$33.8b | AU$28.7b | AU$741.9m | 17.3x | 45.6x | 1.2x |
| Tue, 28 May 2024 | AU$34.0b | AU$28.7b | AU$734.4m | 18.1x | 46.2x | 1.2x |
| Thu, 25 Apr 2024 | AU$33.7b | AU$29.2b | AU$746.6m | 18.5x | 45.2x | 1.2x |
| Sat, 23 Mar 2024 | AU$35.0b | AU$29.2b | AU$741.3m | 19.8x | 47.2x | 1.2x |
| Mon, 19 Feb 2024 | AU$34.9b | AU$28.5b | AU$611.8m | 23.6x | 57.1x | 1.2x |
| Wed, 17 Jan 2024 | AU$32.1b | AU$28.9b | AU$500.6m | 23.8x | 64.2x | 1.1x |
| Fri, 15 Dec 2023 | AU$31.3b | AU$28.7b | AU$484.2m | 23x | 64.5x | 1.1x |
| Sun, 12 Nov 2023 | AU$31.3b | AU$29.2b | AU$541.0m | 18.6x | 57.8x | 1.1x |
| Tue, 10 Oct 2023 | AU$31.4b | AU$29.2b | AU$541.1m | 19.3x | 58.1x | 1.1x |
| Thu, 07 Sep 2023 | AU$33.9b | AU$29.2b | AU$554.5m | 21.5x | 61.1x | 1.2x |
| Sat, 05 Aug 2023 | AU$32.5b | AU$27.5b | AU$1.0b | 25.8x | 32.3x | 1.2x |
| Mon, 03 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% | PE19.3x | |
| 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 |