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Australian (ASX) Professional Services Industry Analysis

UpdatedJun 05, 2026
DataAggregated Company Financials
Companies24
  • 7D1.3%
  • 3M6.9%
  • 1Y1.5%
  • YTD3.3%

Over the last 7 days, the Professional Services industry has remained flat, although notably Aerometrex declined by 8.9%. Furthermore, the industry has been flat for the past year as well. 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
Fri, 05 Jun 2026AU$37.5bAU$11.9bAU$1.4b16.8x26.6x3.1x
Sun, 03 May 2026AU$33.6bAU$11.7bAU$1.4b16x24.8x2.9x
Tue, 31 Mar 2026AU$30.8bAU$12.0bAU$1.4b13.3x22.1x2.6x
Thu, 26 Feb 2026AU$35.6bAU$11.8bAU$1.4b13.6x26x3x
Sat, 24 Jan 2026AU$37.4bAU$11.8bAU$1.4b19.9x27.1x3.2x
Mon, 22 Dec 2025AU$36.2bAU$11.9bAU$1.4b20.8x25.6x3x
Wed, 19 Nov 2025AU$36.4bAU$12.0bAU$1.4b19.1x25.5x3x
Fri, 17 Oct 2025AU$38.4bAU$11.8bAU$1.4b20x27.2x3.3x
Sun, 14 Sep 2025AU$36.2bAU$11.7bAU$1.4b20x26x3.1x
Tue, 12 Aug 2025AU$39.0bAU$11.7bAU$1.3b22.4x29.1x3.3x
Thu, 10 Jul 2025AU$37.0bAU$11.7bAU$1.3b16.6x27.7x3.2x
Sat, 07 Jun 2025AU$37.1bAU$11.7bAU$1.3b16.2x27.7x3.2x
Mon, 05 May 2025AU$36.3bAU$11.4bAU$1.1b15.4x33.1x3.2x
Wed, 02 Apr 2025AU$35.6bAU$11.6bAU$1.1b15.9x31.7x3.1x
Fri, 28 Feb 2025AU$37.4bAU$11.5bAU$1.1b17.6x33.9x3.3x
Sun, 26 Jan 2025AU$33.0bAU$11.3bAU$995.9m20x33.1x2.9x
Tue, 24 Dec 2024AU$32.4bAU$11.3bAU$1.0b21.4x32.3x2.9x
Thu, 21 Nov 2024AU$30.6bAU$11.1bAU$973.2m21.2x31.4x2.7x
Sat, 19 Oct 2024AU$27.7bAU$10.8bAU$956.2m21x28.9x2.6x
Mon, 16 Sep 2024AU$30.6bAU$13.1bAU$736.4m21.2x41.5x2.3x
Wed, 14 Aug 2024AU$30.2bAU$13.5bAU$1.0b17.8x29.7x2.2x
Fri, 12 Jul 2024AU$29.9bAU$13.4bAU$990.0m19.4x30.2x2.2x
Sun, 09 Jun 2024AU$29.5bAU$13.4bAU$1.0b19.7x29.2x2.2x
Tue, 07 May 2024AU$29.2bAU$14.4bAU$1.4b18.6x20.5x2x
Thu, 04 Apr 2024AU$29.9bAU$14.4bAU$1.4b20.2x20.8x2.1x
Sat, 02 Mar 2024AU$29.4bAU$14.4bAU$1.4b20.7x20.4x2x
Mon, 29 Jan 2024AU$28.3bAU$13.8bAU$1.2b20.1x23.4x2.1x
Wed, 27 Dec 2023AU$27.7bAU$13.6bAU$1.2b18.8x23.1x2x
Fri, 24 Nov 2023AU$26.7bAU$13.8bAU$1.2b19x21.9x1.9x
Sun, 22 Oct 2023AU$28.3bAU$13.9bAU$1.3b17.9x22.6x2x
Tue, 19 Sep 2023AU$28.8bAU$13.8bAU$1.2b18.5x23.3x2.1x
Thu, 17 Aug 2023AU$27.8bAU$13.0bAU$684.2m18.8x40.6x2.1x
Sat, 15 Jul 2023AU$28.1bAU$12.7bAU$650.5m17.1x43.2x2.2x
Mon, 12 Jun 2023AU$27.2bAU$12.8bAU$659.9m16.4x41.3x2.1x
Price to Earnings Ratio

41.3x


Total Market Cap: AU$27.2bTotal Earnings: AU$659.9mTotal Revenue: AU$12.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Professional Services Industry Price to Earnings3Y Average 28.4x202420252026
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 28.4x.
  • 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 2.4% 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 Market1.08%
Industrials2.08%
Professional Services1.34%
HR Services2.38%
Research and Consulting Services1.54%
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 81.3x.
    • Analysts are expecting annual earnings growth of 14.8%, 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 13.2x.
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 5.6% 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$34.931.0%
+AU$196.7m		-15.0%PE24.1x
SIQ SmartgroupAU$11.924.7%
+AU$69.8m		63.5%PE19.8x
MMS McMillan ShakespeareAU$19.265.5%
+AU$69.6m		21.5%PE13.4x
IPH IPHAU$4.046.9%
+AU$66.6m		-15.7%PE14.2x
ALQ ALSAU$23.690.4%
+AU$50.8m		44.0%PE37.7x

Latest News

ALQ
AU$23.69
ALS
7D
0.4%
1Y
44.0%
MMS
AU$19.26
McMillan Shakespeare
7D
5.5%
1Y
21.5%
PPE
AU$0.64
Peoplein
7D
-1.5%
1Y
0.8%
IPH
AU$4.04
IPH
7D
6.9%
1Y
-15.7%
Narrative Update • Jun 01

IPH: Updated Assumptions Will Support A Balanced Yet Cautious Future Outlook

Analysts have trimmed their price target on IPH from A$3.95 to A$3.74, reflecting updated assumptions that now factor in lower revenue growth expectations, a slightly higher discount rate, modestly stronger profit margins and a higher future P/E multiple. What's in the News No recent company specific news items or key developments for IPH have been provided in the available sources.
SIQ
AU$11.92
Smartgroup
7D
4.7%
1Y
63.5%
Narrative Update • Jun 01

SIQ: Buy Back And Merger Prospects Will Shape A Fairly Valued Outlook

Analysts have revised their Smartgroup price target higher from A$9.46 to A$10.59, citing updated assumptions around revenue growth, profit margins and a higher future P/E multiple following recent research upgrades. What's in the News Smartgroup has announced an on market share buy back of up to A$20 million following the sale of most of its self funded fleet portfolio, as part of a shift toward a capital light fleet model using external funding partnerships, including Volkswagen Financial Services Australia.
EAX
AU$0.36
Energy Action
7D
-13.1%
1Y
-1.4%
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CPU
AU$34.93
Computershare
7D
1.0%
1Y
-15.0%
CUP
AU$1.03
Count
7D
-4.2%
1Y
18.4%
KLV
AU$0.076
Klevo Rewards
7D
11.8%
1Y
n/a
HIT
AU$0.97
HiTech Group Australia
7D
-2.5%
1Y
-40.9%
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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.
1CG
AU$0.009
One Click Group
7D
-10.0%
1Y
28.6%
C79
AU$5.96
Chrysos
7D
-2.9%
1Y
16.4%
HMI
AU$0.027
Hiremii
7D
-22.9%
1Y
-47.1%
VRS
AU$0.065
Veris
7D
12.1%
1Y
38.3%
CDE
AU$0.01
Codeifai
7D
-9.1%
1Y
-50.0%
KPG
AU$4.01
Kelly Partners Group Holdings
7D
2.6%
1Y
-62.1%