Header cover image

Australian (ASX) HR Services Industry Analysis

UpdatedMar 13, 2025
DataAggregated Company Financials
Companies9
  • 7D-11.8%
  • 3M-2.3%
  • 1Y-25.2%
  • YTDn/a

Over the last 7 days, the HR Services industry has dropped 12%, driven by a pullback from McMillan Shakespeare of 16%. However, the industry is down 25% over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Mar 2025AU$2.3bAU$2.8bAU$169.7m12.2x13.3x0.8x
Sun, 09 Feb 2025AU$2.3bAU$2.8bAU$167.9m16.9x13.5x0.8x
Tue, 07 Jan 2025AU$2.4bAU$2.8bAU$167.9m16.2x14.1x0.8x
Thu, 05 Dec 2024AU$2.4bAU$2.8bAU$167.9m14.3x14x0.8x
Sat, 02 Nov 2024AU$2.3bAU$2.8bAU$167.9m16.4x13.8x0.8x
Mon, 30 Sep 2024AU$2.5bAU$2.8bAU$167.9m17.4x14.6x0.9x
Wed, 28 Aug 2024AU$3.9bAU$4.9bAU$233.8m16x16.5x0.8x
Fri, 26 Jul 2024AU$3.9bAU$4.9bAU$233.3m16.5x16.7x0.8x
Sun, 23 Jun 2024AU$4.0bAU$4.9bAU$233.3m16.7x17x0.8x
Tue, 21 May 2024AU$3.6bAU$4.9bAU$233.3m15x15.5x0.7x
Thu, 18 Apr 2024AU$4.0bAU$4.9bAU$233.3m16.2x17.3x0.8x
Sat, 16 Mar 2024AU$4.4bAU$4.9bAU$233.3m18.7x18.7x0.9x
Mon, 12 Feb 2024AU$3.5bAU$4.6bAU$259.1m16.1x13.6x0.8x
Wed, 10 Jan 2024AU$3.8bAU$4.6bAU$259.1m17.3x14.7x0.8x
Fri, 08 Dec 2023AU$3.9bAU$4.6bAU$259.1m16.5x15x0.8x
Sun, 05 Nov 2023AU$4.7bAU$4.6bAU$259.1m17.9x18.3x1x
Tue, 03 Oct 2023AU$4.4bAU$4.6bAU$259.1m16x16.8x0.9x
Thu, 31 Aug 2023AU$4.6bAU$4.5bAU$259.7m16.3x17.7x1x
Sat, 29 Jul 2023AU$4.9bAU$4.1bAU$307.1m17.5x16x1.2x
Mon, 26 Jun 2023AU$4.6bAU$4.1bAU$304.3m15.5x15.2x1.1x
Wed, 24 May 2023AU$4.4bAU$4.1bAU$304.3m14.4x14.6x1.1x
Fri, 21 Apr 2023AU$4.3bAU$4.1bAU$304.3m14.2x14.3x1.1x
Sun, 19 Mar 2023AU$4.3bAU$4.1bAU$304.3m13.2x14.3x1.1x
Tue, 14 Feb 2023AU$4.5bAU$3.6bAU$195.7m18.2x23x1.3x
Thu, 12 Jan 2023AU$4.6bAU$3.6bAU$195.7m18.7x23.3x1.3x
Sat, 10 Dec 2022AU$4.6bAU$3.6bAU$195.7m17.5x23.4x1.3x
Mon, 07 Nov 2022AU$5.3bAU$3.6bAU$195.7m18.3x27x1.5x
Wed, 05 Oct 2022AU$5.4bAU$3.6bAU$195.7m17.6x27.5x1.5x
Fri, 02 Sep 2022AU$5.6bAU$3.5bAU$201.8m20.1x27.6x1.6x
Sun, 31 Jul 2022AU$5.6bAU$3.0bAU$93.6m20.7x60x1.9x
Tue, 28 Jun 2022AU$4.7bAU$3.0bAU$95.0m19.2x49.7x1.6x
Thu, 26 May 2022AU$5.7bAU$3.0bAU$95.0m20.7x60.2x1.9x
Sat, 23 Apr 2022AU$5.9bAU$3.0bAU$95.0m20.3x62.2x2x
Mon, 21 Mar 2022AU$5.4bAU$3.0bAU$95.0m20.9x56.7x1.8x
Price to Earnings Ratio

56.7x


Total Market Cap: AU$5.4bTotal Earnings: AU$95.0mTotal Revenue: AU$3.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian HR Services Industry Price to Earnings3Y Average 21.6x202320242025
Current Industry PE
  • Investors are pessimistic on the Australian Human Resource and Employment 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 13.3x which is lower than its 3-year average PE of 21.6x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.81x.
Past Earnings Growth
  • The earnings for companies in the Human Resource and Employment Services industry have grown 23% per year over the last three years.
  • Meanwhile revenues for these companies have declined 19% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Australian HR Services compare with similar industries?

AU Market-4.37%
Industrials-5.42%
Professional Services-7.88%
HR Services-11.83%
Research and Consulting Services-6.18%
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
FLN FreelancerAU$0.173.1%
+AU$2.3m
-2.9%PS1.5x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

MMS

AU$13.39

McMillan Shakespeare

7D

-15.8%

1Y

-32.5%

AQN

AU$0.29

Aquirian

7D

-6.5%

1Y

38.1%

FLN

AU$0.17

Freelancer

7D

3.1%

1Y

-2.9%

PPE

AU$0.84

Peoplein

7D

-11.1%

1Y

-17.6%

ASH

AU$0.18

Ashley Services Group

7D

-11.9%

1Y

-19.6%

HIT

AU$1.85

HiTech Group Australia

7D

-5.1%

1Y

-10.6%