A Look At The Intrinsic Value Of Boyd Group Services Inc. (TSE:BYD)
Apr 19
Canadian (TSX) Commercial Services Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies24
- 7D-0.9%
- 3M-1.7%
- 1Y6.2%
- YTD0.4%
Over the last 7 days, the Commercial Services industry has remained flat, although notably DATA Communications Management gained 9.1%. As for the the longer term, the industry is up 6.2% over the past 12 months. As for the next few years, earnings are expected to grow by 38% per annum.
Industry Valuation and Performance
Has the Canadian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | CA$35.2b | CA$20.0b | CA$606.1m | 21x | 58.1x | 1.8x |
| Wed, 20 Mar 2024 | CA$37.0b | CA$19.8b | CA$560.5m | 30.1x | 66x | 1.9x |
| Fri, 16 Feb 2024 | CA$37.5b | CA$19.5b | CA$292.5m | 26.6x | 128.1x | 1.9x |
| Sun, 14 Jan 2024 | CA$35.1b | CA$19.7b | CA$214.7m | 22.2x | 163.6x | 1.8x |
| Tue, 12 Dec 2023 | CA$32.7b | CA$19.7b | CA$218.4m | 19.8x | 149.6x | 1.7x |
| Thu, 09 Nov 2023 | CA$23.8b | CA$17.6b | -CA$193,939,952.00 | 25.5x | -123x | 1.4x |
| Sat, 07 Oct 2023 | CA$25.4b | CA$17.4b | -CA$404,514,229.00 | 29.5x | -62.9x | 1.5x |
| Mon, 04 Sep 2023 | CA$25.7b | CA$17.5b | -CA$422,263,668.00 | 24.7x | -60.9x | 1.5x |
| Wed, 02 Aug 2023 | CA$26.5b | CA$16.8b | -CA$472,297,539.00 | 28.1x | -56.2x | 1.6x |
| Fri, 30 Jun 2023 | CA$28.4b | CA$16.6b | -CA$682,326,791.00 | 24.6x | -41.7x | 1.7x |
| Sun, 28 May 2023 | CA$28.0b | CA$16.6b | -CA$687,298,809.00 | 25x | -40.7x | 1.7x |
| Tue, 25 Apr 2023 | CA$26.6b | CA$15.8b | -CA$357,815,568.00 | 19.6x | -74.3x | 1.7x |
| Thu, 23 Mar 2023 | CA$24.2b | CA$15.6b | -CA$332,597,510.00 | 19.5x | -72.8x | 1.5x |
| Sat, 18 Feb 2023 | CA$23.6b | CA$15.4b | -CA$156,510,315.00 | 15.8x | -151.1x | 1.5x |
| Mon, 16 Jan 2023 | CA$23.0b | CA$15.3b | -CA$149,210,962.00 | 14.2x | -153.9x | 1.5x |
| Wed, 14 Dec 2022 | CA$22.4b | CA$15.3b | -CA$149,110,591.00 | 14.3x | -150.5x | 1.5x |
| Fri, 11 Nov 2022 | CA$21.4b | CA$15.0b | -CA$154,201,906.00 | 16.1x | -138.8x | 1.4x |
| Sun, 09 Oct 2022 | CA$20.0b | CA$14.4b | -CA$296,069,818.00 | 15.9x | -67.7x | 1.4x |
| Tue, 06 Sep 2022 | CA$21.6b | CA$14.3b | -CA$287,127,443.00 | 19x | -75.3x | 1.5x |
| Thu, 04 Aug 2022 | CA$21.1b | CA$13.6b | -CA$274,787,224.00 | 23.7x | -77x | 1.5x |
| Sat, 02 Jul 2022 | CA$19.1b | CA$13.2b | -CA$290,680,553.00 | 26.6x | -65.9x | 1.5x |
| Mon, 30 May 2022 | CA$21.8b | CA$13.1b | -CA$284,381,210.00 | 28x | -76.5x | 1.7x |
| Wed, 27 Apr 2022 | CA$22.3b | CA$12.4b | -CA$647,840,307.00 | 33.2x | -34.4x | 1.8x |
| Fri, 25 Mar 2022 | CA$22.7b | CA$12.3b | -CA$608,309,651.00 | 27.9x | -37.2x | 1.8x |
| Sun, 20 Feb 2022 | CA$21.6b | CA$12.1b | -CA$587,193,612.00 | 30.4x | -36.8x | 1.8x |
| Tue, 18 Jan 2022 | CA$25.0b | CA$11.7b | -CA$905,058,360.00 | 27.5x | -27.6x | 2.1x |
| Thu, 16 Dec 2021 | CA$25.2b | CA$11.7b | -CA$881,479,408.00 | 26.2x | -28.6x | 2.1x |
| Sat, 13 Nov 2021 | CA$27.5b | CA$11.6b | -CA$861,793,743.00 | 35.7x | -31.9x | 2.4x |
| Mon, 11 Oct 2021 | CA$27.7b | CA$10.9b | -CA$689,500,473.00 | 33.2x | -40.2x | 2.5x |
| Wed, 08 Sep 2021 | CA$27.2b | CA$11.8b | -CA$671,797,208.96 | 25.2x | -40.4x | 2.3x |
| Fri, 06 Aug 2021 | CA$25.9b | CA$11.8b | -CA$663,302,496.96 | 25.6x | -39.1x | 2.2x |
| Mon, 10 May 2021 | CA$23.1b | CA$10.9b | -CA$730,977,652.24 | 23.3x | -31.6x | 2.1x |
Price to Earnings Ratio
-31.6x
Current Industry PE
- Investors are optimistic on the Canadian Commercial Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 58.1x which is higher than its 3-year average PE of -41.2x.
- The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
- Total earnings for the Commercial Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 23% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | -0.60% | |
| Industrials | -1.67% | |
| Commercial Services | -0.86% | |
| Commercial Printing | 9.12% | |
| Security and Alarm Services | 4.76% | |
| Office Services and Supplies | 0% | |
| Environmental and Facilities Services | -0.89% | |
| Diversified Support Services | -1.04% | |
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 71.0x.
- Analysts are expecting annual earnings growth of 19.1%, which is lower than the prior year's growth of 43.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Commercial Printing industry, expecting annual earnings growth of 109% over the next 5 years.
- In contrast, the Diversified Support Services industry is expected to see its earnings grow by 19% per year 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 | |
|---|---|---|---|---|---|
| EFN Element Fleet Management | CA$21.50 | 0.9% +CA$73.9m | 25.8% | PE18.9x | |
| BDI Black Diamond Group | CA$8.74 | 4.3% +CA$22.3m | 28.2% | PE17.8x | |
| DCM DATA Communications Management | CA$3.35 | 9.8% +CA$17.2m | 0.3% | PS0.4x | |
| GIP Green Impact Partners | CA$2.81 | 12.9% +CA$6.6m | -68.8% | PE43.1x | |
| DXT Dexterra Group | CA$5.90 | 1.7% +CA$6.4m | 18.7% | PE14.2x |
