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

Australian (ASX) Professional Services Industry Analysis

UpdatedJun 22, 2026
DataAggregated Company Financials
Companies24
  • 7D-0.1%
  • 3M25.2%
  • 1Y6.0%
  • YTD5.7%

Over the last 7 days, the Professional Services industry has remained flat. The past year has been better, since the industry has gained 6.0% in that time. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Jun 2026AU$38.3bAU$12.0bAU$1.4b16.6x26.9x3.2x
Wed, 20 May 2026AU$36.1bAU$11.9bAU$1.4b16x25.6x3x
Fri, 17 Apr 2026AU$33.5bAU$11.8bAU$1.4b15x24.7x2.8x
Sun, 15 Mar 2026AU$32.4bAU$11.9bAU$1.4b13x23.5x2.7x
Tue, 10 Feb 2026AU$35.5bAU$11.6bAU$1.4b19.1x26.1x3x
Thu, 08 Jan 2026AU$36.3bAU$11.8bAU$1.4b20.2x26x3.1x
Sat, 06 Dec 2025AU$36.7bAU$11.9bAU$1.4b19.7x26x3.1x
Mon, 03 Nov 2025AU$37.5bAU$11.8bAU$1.4b20.2x26.6x3.2x
Wed, 01 Oct 2025AU$36.3bAU$11.7bAU$1.4b19.6x26x3.1x
Fri, 29 Aug 2025AU$36.7bAU$11.8bAU$1.4b19.4x26.1x3.1x
Sun, 27 Jul 2025AU$37.7bAU$11.6bAU$1.3b17.6x28.4x3.2x
Tue, 24 Jun 2025AU$36.2bAU$11.8bAU$1.4b15x26.7x3.1x
Thu, 22 May 2025AU$37.3bAU$11.4bAU$1.1b16.8x34.1x3.3x
Sat, 19 Apr 2025AU$34.4bAU$11.5bAU$1.1b15.6x31.2x3x
Mon, 17 Mar 2025AU$34.3bAU$11.5bAU$1.1b15.6x30.9x3x
Wed, 12 Feb 2025AU$34.3bAU$11.3bAU$1.0b21.4x34.2x3x
Fri, 10 Jan 2025AU$32.4bAU$11.4bAU$1.0b19.2x32.1x2.9x
Sun, 08 Dec 2024AU$32.0bAU$11.2bAU$986.5m21.3x32.5x2.9x
Tue, 05 Nov 2024AU$27.5bAU$10.8bAU$968.2m20.8x28.4x2.5x
Thu, 03 Oct 2024AU$27.2bAU$10.6bAU$936.1m20.8x29.1x2.6x
Sat, 31 Aug 2024AU$31.1bAU$13.0bAU$735.7m20.6x42.3x2.4x
Mon, 29 Jul 2024AU$30.3bAU$13.5bAU$1.0b19.6x30x2.2x
Wed, 26 Jun 2024AU$29.0bAU$13.4bAU$1.0b19.9x29x2.2x
Fri, 24 May 2024AU$29.0bAU$13.4bAU$1.0b19.6x28.9x2.2x
Sun, 21 Apr 2024AU$30.4bAU$14.5bAU$1.5b20.4x21x2.1x
Tue, 19 Mar 2024AU$28.9bAU$14.4bAU$1.4b19.4x20.2x2x
Thu, 15 Feb 2024AU$28.5bAU$14.0bAU$1.3b20.1x22.5x2x
Sat, 13 Jan 2024AU$28.2bAU$13.7bAU$1.2b19.5x23.4x2.1x
Mon, 11 Dec 2023AU$27.0bAU$13.8bAU$1.2b18.5x22.2x2x
Wed, 08 Nov 2023AU$27.4bAU$13.8bAU$1.2b19.1x22x2x
Fri, 06 Oct 2023AU$28.6bAU$13.9bAU$1.2b17.8x22.9x2.1x
Sun, 03 Sep 2023AU$28.6bAU$13.6bAU$630.8m19.3x45.4x2.1x
Tue, 01 Aug 2023AU$29.1bAU$12.8bAU$664.6m19.1x43.7x2.3x
Thu, 29 Jun 2023AU$27.1bAU$12.9bAU$666.9m16.8x40.6x2.1x
Price to Earnings Ratio

40.6x


Total Market Cap: AU$27.1bTotal Earnings: AU$666.9mTotal Revenue: AU$12.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Professional Services Industry Price to Earnings3Y Average 28.2x202420252026
Current Industry PE
  • Investors are relatively neutral on the Australian Professional Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 28.2x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have grown 29% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.3% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

AU Market0.56%
Industrials0.64%
Professional Services-0.10%
HR Services1.53%
Research and Consulting Services-0.062%
Industry PE
  • Investors are most optimistic about the Research and Consulting Services industry even though it's trading below its 3-year average PE ratio of 81.5x.
    • Analysts are expecting annual earnings growth of 15.0%, which is higher than its past year's earnings growth of 9.3% per year.
  • Investors are most pessimistic about the HR Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 13.3x.
Forecasted Growth
  • Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings growth rate of 9.3% per year.
  • In contrast, the HR Services industry is expected to see its earnings grow by 5.8% 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
CPU ComputershareAU$36.742.1%
+AU$428.0m		-6.6%PE24.9x
SIQ SmartgroupAU$12.331.6%
+AU$26.3m		70.8%PE20.4x
MMS McMillan ShakespeareAU$19.540.6%
+AU$8.4m		27.9%PE13.6x
EAX Energy ActionAU$0.3811.8%
+AU$1.6m		2.7%PE9x
SOP SynertecAU$0.0283.7%
+AU$519.3k		-6.7%PS0.7x

Latest News

IPH
AU$4.15
IPH
7D
-2.1%
1Y
-6.5%
CPU
AU$36.74
Computershare
7D
2.1%
1Y
-6.6%
Analysis Article • Jun 19

Computershare (ASX:CPU) Shares Could Be 27% Undervalued After FY26 Margin Income Upgrade

Computershare (ASX:CPU) has drawn fresh attention after lifting its FY26 margin income target to around US$740 million, while holding management EPS guidance near 144 cents and pointing to stronger corporate action activity. See our latest analysis for Computershare. Computershare shares have picked up momentum recently, with a 30 day share price return of 12.17% and a 90 day share price return of 34.26%. The 1 year total shareholder return has declined 5.93%, while longer term total...
AFL
AU$0.12
AF Legal Group
7D
-11.1%
1Y
9.1%
ALQ
AU$22.89
ALS
7D
-2.6%
1Y
35.2%
SIQ
AU$12.33
Smartgroup
7D
1.6%
1Y
70.8%
Narrative Update • Jun 18

SIQ: EV Incentives And Buyback Plans Will Support A Cautious Overvaluation View

Analysts have modestly raised their Smartgroup price target to A$10.82 from A$10.59, citing updated assumptions on discount rates, revenue growth, profit margins, and future P/E multiples following recent research. What’s in the News for Smartgroup Smartgroup shares are trading near a 52 week high, with recent interest linked to Australian government electric vehicle salary packaging incentives that support demand for the company’s novated leasing services.
FLN
AU$0.10
Freelancer
7D
-20.0%
1Y
-50.0%
KLV
AU$0.082
Klevo Rewards
7D
-18.0%
1Y
n/a
KPG
AU$3.53
Kelly Partners Group Holdings
7D
-5.9%
1Y
-65.3%
C79
AU$6.03
Chrysos
7D
-7.4%
1Y
21.8%
MMS
AU$19.54
McMillan Shakespeare
7D
0.6%
1Y
27.9%
Narrative Update • Jun 07

MMS: Buyback And Dividend Policy Will Support Balanced Long Term Shareholder Returns

Analysts have adjusted their price target for McMillan Shakespeare to A$18.27 from A$17.73, reflecting updated assumptions around revenue growth, profit margins, discount rate, and future P/E multiples. What's in the News No recent McMillan Shakespeare specific news, periodical coverage, or key development items were provided in the available sources for this section.
EAX
AU$0.38
Energy Action
7D
11.8%
1Y
2.7%
Analysis Article • May 29

Do Energy Action's (ASX:EAX) Earnings Warrant Your Attention?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
IGN
AU$0.70
Ignite
7D
0.7%
1Y
-35.9%
RBR
AU$0.018
RBR Group
7D
5.9%
1Y
-40.0%
SOP
AU$0.028
Synertec
7D
3.7%
1Y
-6.7%
HIT
AU$0.92
HiTech Group Australia
7D
-3.7%
1Y
-45.2%
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.