Ekopak NV (EBR:EKOP) Released Earnings Last Week And Analysts Lifted Their Price Target To €27.50
Mar 29
Belgian (BEL20) Commercial Services Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies5
- 7D-2.8%
- 3M-3.9%
- 1Y-3.3%
- YTD-8.3%
Over the last 7 days, the Commercial Services industry has dropped 2.0%, driven by a pullback from Ekopak of 5.1%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 65% annually.
Industry Valuation and Performance
Has the Belgian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | €424.4m | €226.6m | €5.8m | 18x | 73.4x | 1.9x |
| Wed, 20 Mar 2024 | €428.7m | €204.7m | €6.8m | 25.7x | 63x | 2.1x |
| Fri, 16 Feb 2024 | €428.7m | €204.2m | €5.7m | 27.8x | 75.5x | 2.1x |
| Sun, 14 Jan 2024 | €445.8m | €204.2m | €5.7m | 27.9x | 78.5x | 2.2x |
| Tue, 12 Dec 2023 | €474.4m | €204.2m | €5.7m | 28x | 83.5x | 2.3x |
| Thu, 09 Nov 2023 | €453.8m | €204.2m | €5.7m | 25.6x | 79.9x | 2.2x |
| Sat, 07 Oct 2023 | €462.5m | €201.0m | €5.6m | 26.1x | 83.2x | 2.3x |
| Mon, 04 Sep 2023 | €457.3m | €190.7m | €5.3m | 25x | 85.9x | 2.4x |
| Wed, 02 Aug 2023 | €461.5m | €189.7m | €5.0m | 25.8x | 92.2x | 2.4x |
| Fri, 30 Jun 2023 | €423.9m | €165.1m | €5.7m | 24x | 74x | 2.6x |
| Sun, 28 May 2023 | €427.7m | €165.1m | €5.7m | 23x | 74.7x | 2.6x |
| Tue, 25 Apr 2023 | €434.6m | €165.1m | €5.7m | 23.6x | 75.9x | 2.6x |
| Thu, 23 Mar 2023 | €463.3m | €154.7m | €8.7m | 18.9x | 53.3x | 3x |
| Sat, 18 Feb 2023 | €462.2m | €238.5m | €7.5m | 19x | 61.7x | 1.9x |
| Mon, 16 Jan 2023 | €462.3m | €238.5m | €7.5m | 19.6x | 61.7x | 1.9x |
| Wed, 14 Dec 2022 | €459.1m | €235.5m | €8.2m | 18.9x | 56.3x | 1.9x |
| Fri, 11 Nov 2022 | €445.6m | €235.5m | €8.2m | 17.5x | 54.7x | 1.9x |
| Sun, 09 Oct 2022 | €443.5m | €149.1m | €9.6m | 16.6x | 46x | 3x |
| Tue, 06 Sep 2022 | €492.3m | €144.1m | €8.9m | 20.9x | 55.4x | 3.4x |
| Thu, 04 Aug 2022 | €475.5m | €135.4m | €7.1m | 23.2x | 67.1x | 3.5x |
| Sat, 02 Jul 2022 | €437.1m | €135.4m | €7.1m | 22.5x | 61.7x | 3.2x |
| Mon, 30 May 2022 | €453.0m | €135.4m | €7.1m | 23.4x | 64x | 3.3x |
| Wed, 27 Apr 2022 | €468.3m | €154.9m | €5.3m | 23.8x | 89.2x | 3x |
| Fri, 25 Mar 2022 | €437.2m | €148.4m | €4.7m | 29.9x | 92.1x | 2.9x |
| Sun, 20 Feb 2022 | €462.7m | €146.4m | €6.0m | 28.3x | 77.7x | 3.2x |
| Tue, 18 Jan 2022 | €466.2m | €146.4m | €6.0m | 28.3x | 78.2x | 3.2x |
| Thu, 16 Dec 2021 | €464.8m | €146.4m | €6.1m | 35.6x | 76.3x | 3.2x |
| Sat, 13 Nov 2021 | €483.2m | €146.4m | €6.1m | 39.5x | 79.3x | 3.3x |
| Mon, 11 Oct 2021 | €442.7m | €146.4m | €6.1m | 17.5x | 72.7x | 3x |
| Wed, 08 Sep 2021 | €446.1m | €138.8m | €8.2m | 19.2x | 54.6x | 3.2x |
| Fri, 06 Aug 2021 | €191.2m | €129.3m | €8.1m | 24.5x | 23.5x | 1.5x |
| Mon, 10 May 2021 | €190.1m | €129.4m | €9.0m | 23.4x | 21.2x | 1.5x |
Price to Earnings Ratio
21.2x
Current Industry PE
- Investors are optimistic on the Belgian Commercial Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 74.9x which is higher than its 3-year average PE of 67.3x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have declined 14% per year over the last three years.
- Meanwhile revenues for these companies have grown 21% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Belgian Industrials industry?
| BE Market | -0.055% | |
| Industrials | 2.24% | |
| Commercial Services | -2.84% | |
| Commercial Printing | 0% | |
| Office Services and Supplies | 0% | |
| Security and Alarm Services | 0% | |
| Diversified Support Services | -1.13% | |
| Environmental and Facilities Services | -3.38% | |
Industry PE
- Investors are most optimistic about the Diversified Support Services industry even though it's trading below its 3-year average PE ratio of 17.2x.
- Analysts are expecting annual earnings growth of 1.2%, which is lower than the prior year's growth of 26.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 83% over the next 5 years.
- This is better than its past earnings growth rate of 14% per year.
- In contrast, the Diversified Support Services industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ABO ABO-Group Environment | €5.40 | 0.9% +€528.4k | -7.7% | PE22.6x |