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

Australian (ASX) HR Services Industry Analysis

UpdatedJul 01, 2026
DataAggregated Company Financials
Companies10
  • 7D3.2%
  • 3M36.5%
  • 1Y37.7%
  • YTDn/a

The HR Services industry is up 3.2% in the last week, with Smartgroup up 5.0%. This takes the industry's 12 month performance to a gain of 38%. Looking forward, earnings are forecast to grow by 5.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Jul 2026AU$3.3bAU$2.8bAU$181.6m13.5x18.3x1.2x
Sat, 30 May 2026AU$3.0bAU$2.8bAU$181.6m11.7x16.8x1.1x
Mon, 27 Apr 2026AU$2.5bAU$2.8bAU$181.6m10.8x14x0.9x
Wed, 25 Mar 2026AU$2.3bAU$2.8bAU$182.9m11.3x12.4x0.8x
Fri, 20 Feb 2026AU$2.7bAU$2.8bAU$169.8m13.4x15.7x1x
Sun, 18 Jan 2026AU$2.7bAU$2.8bAU$169.8m13.6x16.1x1x
Tue, 16 Dec 2025AU$2.6bAU$2.8bAU$169.8m12.9x15.4x0.9x
Thu, 13 Nov 2025AU$2.6bAU$2.8bAU$169.8m13.3x15.2x0.9x
Sat, 11 Oct 2025AU$2.6bAU$2.8bAU$169.8m12.7x15.3x0.9x
Mon, 08 Sep 2025AU$2.9bAU$2.8bAU$169.8m14.5x16.9x1x
Wed, 06 Aug 2025AU$2.7bAU$2.8bAU$172.6m13.7x15.4x1x
Fri, 04 Jul 2025AU$2.5bAU$2.8bAU$169.7m12.1x14.5x0.9x
Sun, 01 Jun 2025AU$2.4bAU$2.8bAU$169.7m12.1x13.9x0.8x
Tue, 29 Apr 2025AU$2.4bAU$2.8bAU$169.7m11.5x14.2x0.9x
Thu, 27 Mar 2025AU$2.3bAU$2.8bAU$169.7m11.8x13.3x0.8x
Sat, 22 Feb 2025AU$2.3bAU$2.8bAU$169.1m15.9x13.7x0.8x
Mon, 20 Jan 2025AU$2.4bAU$2.8bAU$167.9m16.5x14.2x0.8x
Wed, 18 Dec 2024AU$2.3bAU$2.8bAU$167.9m16.1x13.9x0.8x
Fri, 15 Nov 2024AU$2.4bAU$2.8bAU$167.9m16.3x14.2x0.9x
Sun, 13 Oct 2024AU$2.5bAU$2.8bAU$167.9m17.7x15.1x0.9x
Tue, 10 Sep 2024AU$3.8bAU$5.1b-AU$52,831,402.0016.3x-72.8x0.8x
Thu, 08 Aug 2024AU$3.9bAU$4.9bAU$232.6m15.7x16.8x0.8x
Sat, 06 Jul 2024AU$3.9bAU$4.9bAU$233.3m16.5x16.8x0.8x
Mon, 03 Jun 2024AU$3.7bAU$4.9bAU$233.3m15.3x15.8x0.7x
Wed, 01 May 2024AU$4.0bAU$4.9bAU$233.3m16x17.1x0.8x
Fri, 29 Mar 2024AU$4.5bAU$4.9bAU$233.3m19.1x19.2x0.9x
Sun, 25 Feb 2024AU$4.4bAU$4.6bAU$277.3m14.8x15.8x0.9x
Tue, 23 Jan 2024AU$3.4bAU$4.6bAU$259.1m18x13.3x0.7x
Thu, 21 Dec 2023AU$3.8bAU$4.6bAU$259.1m16.5x14.7x0.8x
Sat, 18 Nov 2023AU$4.2bAU$4.6bAU$259.1m15.5x16.1x0.9x
Mon, 16 Oct 2023AU$4.4bAU$4.6bAU$259.1m16.7x16.9x1x
Wed, 13 Sep 2023AU$4.5bAU$4.6bAU$259.1m15.8x17.2x1x
Fri, 11 Aug 2023AU$4.8bAU$4.1bAU$307.1m18x15.8x1.2x
Sun, 09 Jul 2023AU$4.7bAU$4.1bAU$304.3m16.1x15.4x1.1x
Price to Earnings Ratio

15.4x


Total Market Cap: AU$4.7bTotal Earnings: AU$304.3mTotal Revenue: AU$4.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian HR Services Industry Price to Earnings3Y Average 13.3x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Human Resource and Employment Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 18.3x which is higher than its 3-year average PE of 13.3x.
  • The 3-year average PS ratio of 0.90x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Human Resource and Employment Services industry have declined 16% per year over the last three years,
  • Revenues have also declined 12% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Australian HR Services compare with similar industries?

AU Market0.033%
Industrials0.47%
Professional Services2.69%
HR Services3.23%
Research and Consulting Services0.63%
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?

CompanyLast Price7D1YValuation
SIQ SmartgroupAU$12.602.1%
+AU$34.2m		68.9%PE20.9x
ASH Ashley Services GroupAU$0.2814.3%
+AU$5.2m		60.0%PE11x
KLV Klevo RewardsAU$0.0724.3%
+AU$4.6m		n/aPS15.7x
FLN FreelancerAU$0.124.5%
+AU$2.3m		-52.1%PE24x
PPE PeopleinAU$0.692.2%
+AU$1.5m		-4.8%PS0.07x

Latest News

FLN
AU$0.12
Freelancer
7D
4.5%
1Y
-52.1%
SIQ
AU$12.60
Smartgroup
7D
2.1%
1Y
68.9%
New Narrative • Jun 26

Digital Investment And Partnerships Will Support A Long Runway For Future Earnings

Catalysts About Smartgroup Smartgroup provides salary packaging, novated leasing, and fleet management solutions to Australian employers and their employees. What are the underlying business or industry changes driving this perspective?
PPE
AU$0.69
Peoplein
7D
2.2%
1Y
-4.8%
Narrative Update • Jun 26

PPE: Stronger Margins And Lower Future P E Multiple Will Drive Upside

Analysts have trimmed their price target for PeopleIN, citing updated fair value estimates of A$0.99, a higher discount rate of 9.36% and a lower revenue growth outlook. This is partly balanced by expectations for stronger profit margins and a reduced future P/E near 9.29x.
MMS
AU$18.89
McMillan Shakespeare
7D
-2.5%
1Y
20.2%
KLV
AU$0.072
Klevo Rewards
7D
4.3%
1Y
n/a
AQN
AU$0.41
Aquirian
7D
-3.6%
1Y
15.7%
RBR
AU$0.017
RBR Group
7D
-10.5%
1Y
-43.3%
HIT
AU$0.92
HiTech Group Australia
7D
-0.5%
1Y
-42.8%
New Narrative • Apr 25

A baby being thrown out with the AI bathwater?

As a bargain hunter, I often find myself drawn to companies that have been heavily sold off, on the assumption that Mr Market may be acting irrationally and has overshot to the downside. HiTech Group Australia Limited may be one such case.
HMI
AU$0.023
Hiremii
7D
9.5%
1Y
-55.8%
ASH
AU$0.28
Ashley Services Group
7D
14.3%
1Y
60.0%