Close the Loop Ltd (ASX:CLG) Held Back By Insufficient Growth Even After Shares Climb 40%
Nov 19
Have your own idea? Try our Stock Screener
Australian (ASX) Environmental and Facilities Services Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies8
- 7D6.9%
- 3M0.1%
- 1Y15.6%
- YTDn/a
Over the last 7 days, the Environmental and Facilities Services industry has risen 6.9%, driven by gains from Cleanaway Waste Management of 6.3%. During this same period, the Ariadne Australia underperformed, falling 6.0%. This means that the industry has gained 16% over the past year. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Australian Environmental and Facilities Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 20 Nov 2024 | AU$7.1b | AU$4.1b | AU$173.1m | 41.5x | 40.9x | 1.7x |
| Fri, 18 Oct 2024 | AU$6.9b | AU$4.1b | AU$173.1m | 42x | 40x | 1.7x |
| Sun, 15 Sep 2024 | AU$6.8b | AU$4.1b | AU$173.1m | 40.6x | 39.4x | 1.7x |
| Tue, 13 Aug 2024 | AU$6.9b | AU$3.9b | AU$63.5m | 21.1x | 108.9x | 1.8x |
| Thu, 11 Jul 2024 | AU$6.6b | AU$3.9b | AU$63.5m | 19.5x | 104.1x | 1.7x |
| Sat, 08 Jun 2024 | AU$6.9b | AU$3.9b | AU$56.0m | 18.8x | 123.1x | 1.8x |
| Mon, 06 May 2024 | AU$6.5b | AU$3.9b | AU$56.0m | 18.7x | 116.6x | 1.7x |
| Wed, 03 Apr 2024 | AU$6.4b | AU$3.9b | AU$56.0m | 17.3x | 113.9x | 1.6x |
| Fri, 01 Mar 2024 | AU$6.5b | AU$3.9b | AU$66.4m | 15.4x | 97.9x | 1.7x |
| Sun, 28 Jan 2024 | AU$6.1b | AU$3.8b | -AU$1,215,160.00 | 138.2x | -5013.8x | 1.6x |
| Tue, 26 Dec 2023 | AU$6.4b | AU$3.8b | -AU$1,215,160.00 | 144.8x | -5268.5x | 1.7x |
| Thu, 23 Nov 2023 | AU$6.1b | AU$3.8b | -AU$1,215,160.00 | 137.4x | -5000.8x | 1.6x |
| Sat, 21 Oct 2023 | AU$5.7b | AU$3.8b | -AU$1,215,160.00 | 127.9x | -4666.2x | 1.5x |
| Mon, 18 Sep 2023 | AU$5.9b | AU$3.8b | -AU$1,215,160.00 | 134.4x | -4889x | 1.6x |
| Wed, 16 Aug 2023 | AU$6.6b | AU$3.6b | AU$33.8m | 63.3x | 193.6x | 1.8x |
| Fri, 14 Jul 2023 | AU$6.4b | AU$3.6b | AU$33.8m | 60.5x | 188.5x | 1.8x |
| Sun, 11 Jun 2023 | AU$6.4b | AU$3.6b | AU$33.8m | 61.3x | 188.7x | 1.8x |
| Tue, 09 May 2023 | AU$6.4b | AU$3.6b | AU$33.8m | 63.2x | 188.6x | 1.8x |
| Thu, 06 Apr 2023 | AU$5.8b | AU$3.6b | AU$33.8m | 59.9x | 171x | 1.6x |
| Sat, 04 Mar 2023 | AU$6.3b | AU$3.6b | AU$36.5m | 63.2x | 171.8x | 1.7x |
| Mon, 30 Jan 2023 | AU$6.7b | AU$3.2b | -AU$10,548,087.00 | 78.7x | -633.3x | 2.1x |
| Wed, 28 Dec 2022 | AU$6.4b | AU$3.2b | -AU$10,548,087.00 | 75x | -603.3x | 2x |
| Fri, 25 Nov 2022 | AU$6.5b | AU$3.2b | -AU$10,548,087.00 | 77x | -620.1x | 2.1x |
| Sun, 23 Oct 2022 | AU$6.4b | AU$3.2b | -AU$10,548,087.00 | 72.8x | -603.8x | 2x |
| Tue, 20 Sep 2022 | AU$6.6b | AU$3.2b | -AU$12,130,090.00 | 76.8x | -541.9x | 2.1x |
| Thu, 18 Aug 2022 | AU$6.1b | AU$3.6b | AU$90.6m | 47.7x | 67.4x | 1.7x |
| Sat, 16 Jul 2022 | AU$5.8b | AU$3.6b | AU$90.6m | 45.4x | 64.2x | 1.6x |
| Mon, 13 Jun 2022 | AU$6.3b | AU$3.6b | AU$83.2m | 49.1x | 75.3x | 1.7x |
| Wed, 11 May 2022 | AU$6.5b | AU$3.6b | AU$83.2m | 50.8x | 77.8x | 1.8x |
| Fri, 08 Apr 2022 | AU$6.8b | AU$3.6b | AU$83.2m | 53.6x | 82.2x | 1.9x |
| Sun, 06 Mar 2022 | AU$6.2b | AU$3.6b | AU$87.8m | 48.7x | 70.3x | 1.7x |
| Tue, 01 Feb 2022 | AU$6.4b | AU$3.4b | AU$154.6m | 26.6x | 41.4x | 1.9x |
| Thu, 30 Dec 2021 | AU$6.9b | AU$3.4b | AU$161.5m | 26.8x | 43x | 2x |
| Sat, 27 Nov 2021 | AU$7.0b | AU$3.4b | AU$163.3m | 30.5x | 42.9x | 2.1x |
Price to Earnings Ratio
42.9x
Current Industry PE
- Investors are optimistic on the Australian Environmental and Facilities Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 40.9x which is higher than its 3-year average PE of -721x.
- The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Environmental and Facilities Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 6.5% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Australian Environmental and Facilities Services compare with similar industries?
| AU Market | 1.37% | |
| Industrials | 1.65% | |
| Commercial Services | 2.01% | |
| Environmental and Facilities Services | 6.93% | |
| Security and Alarm Services | 8.17% | |
| Diversified Support Services | 1.02% | |
| Office Services and Supplies | 0% | |
| Commercial Printing | -14.29% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CWY Cleanaway Waste Management | AU$2.88 | 6.3% +AU$379.3m | 13.8% | PE41x | |
| SPZ Smart Parking | AU$0.92 | 31.4% +AU$76.2m | 162.9% | PE86.4x | |
| CLG Close the Loop | AU$0.25 | 38.9% +AU$37.2m | -21.9% | PE12.1x | |
| PKD PARKD | AU$0.026 | 8.3% +AU$208.0k | n/a | PS0.8x |