Narrative Update • Sep 04

Over the last 7 days, the Commercial Services industry has dropped 2.7%, driven by a pullback from Element Fleet Management of 5.8%. However, the industry is down 19% over the past year. Earnings are forecast to grow by 84% annually.
Has the Canadian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 13 Sep 2026 | CA$39.3b | CA$19.5b | CA$330.9m | 23.8x | 118.8x | 2x |
| Tue, 11 Aug 2026 | CA$41.2b | CA$19.1b | CA$331.1m | 27.5x | 124.5x | 2.2x |
| Thu, 09 Jul 2026 | CA$41.7b | CA$19.0b | CA$755.0m | 27.9x | 55.2x | 2.2x |
| Sat, 06 Jun 2026 | CA$37.5b | CA$18.8b | CA$748.9m | 27.6x | 50x | 2x |
| Mon, 04 May 2026 | CA$40.6b | CA$18.2b | CA$709.3m | 31.9x | 57.3x | 2.2x |
| Wed, 01 Apr 2026 | CA$41.0b | CA$18.2b | CA$699.1m | 30.9x | 58.7x | 2.2x |
| Fri, 27 Feb 2026 | CA$45.5b | CA$20.4b | CA$696.8m | 29.5x | 65.3x | 2.2x |
| Sun, 25 Jan 2026 | CA$46.8b | CA$21.9b | CA$770.8m | 23.1x | 60.7x | 2.1x |
| Tue, 23 Dec 2025 | CA$46.5b | CA$21.9b | CA$773.2m | 24x | 60.1x | 2.1x |
| Thu, 20 Nov 2025 | CA$47.1b | CA$22.1b | CA$766.4m | 20.4x | 61.4x | 2.1x |
| Sat, 18 Oct 2025 | CA$46.4b | CA$21.8b | CA$614.7m | 22.3x | 75.5x | 2.1x |
| Mon, 15 Sep 2025 | CA$47.9b | CA$21.0b | CA$608.1m | 21.8x | 78.7x | 2.3x |
| Wed, 13 Aug 2025 | CA$48.3b | CA$20.9b | CA$619.8m | 24.6x | 77.9x | 2.3x |
| Fri, 11 Jul 2025 | CA$46.1b | CA$20.8b | -CA$217,349,665.98 | 21.5x | -212.1x | 2.2x |
| Sun, 08 Jun 2025 | CA$45.6b | CA$20.8b | -CA$200,714,509.51 | 19.9x | -227x | 2.2x |
| Tue, 06 May 2025 | CA$45.9b | CA$20.9b | -CA$236,944,923.71 | 23.3x | -193.7x | 2.2x |
| Thu, 03 Apr 2025 | CA$46.4b | CA$20.9b | -CA$175,689,041.03 | 22.8x | -264.2x | 2.2x |
| Sat, 01 Mar 2025 | CA$44.6b | CA$21.1b | -CA$89,511,054.50 | 21.4x | -498.7x | 2.1x |
| Mon, 27 Jan 2025 | CA$44.5b | CA$21.0b | CA$28.3m | 23.3x | 1572.2x | 2.1x |
| Wed, 25 Dec 2024 | CA$45.4b | CA$21.0b | CA$29.9m | 23.8x | 1519.3x | 2.2x |
| Fri, 22 Nov 2024 | CA$45.0b | CA$20.8b | CA$10.3m | 25.6x | 4386.4x | 2.2x |
| Sun, 20 Oct 2024 | CA$42.7b | CA$20.5b | -CA$91,370,628.45 | 24.4x | -467.8x | 2.1x |
| Tue, 17 Sep 2024 | CA$41.0b | CA$20.4b | -CA$100,517,632.09 | 23x | -407.8x | 2x |
| Thu, 15 Aug 2024 | CA$39.5b | CA$20.5b | -CA$16,182,559.18 | 30.6x | -2443x | 1.9x |
| Sat, 13 Jul 2024 | CA$38.1b | CA$20.2b | CA$657.3m | 30.4x | 58x | 1.9x |
| Mon, 10 Jun 2024 | CA$37.3b | CA$20.4b | CA$621.6m | 32.3x | 60x | 1.8x |
| Wed, 08 May 2024 | CA$35.7b | CA$20.0b | CA$648.0m | 21.2x | 55.1x | 1.8x |
| Fri, 05 Apr 2024 | CA$35.5b | CA$20.0b | CA$597.3m | 29.4x | 59.4x | 1.8x |
| Sun, 03 Mar 2024 | CA$37.6b | CA$19.8b | CA$579.4m | 30.6x | 64.9x | 1.9x |
| Tue, 30 Jan 2024 | CA$36.2b | CA$19.7b | CA$220.2m | 23.8x | 164.5x | 1.8x |
| Thu, 28 Dec 2023 | CA$34.9b | CA$19.6b | CA$211.2m | 21.9x | 165.5x | 1.8x |
| Sat, 25 Nov 2023 | CA$24.2b | CA$17.8b | -CA$212,323,281.00 | 22.2x | -113.8x | 1.4x |
| Mon, 23 Oct 2023 | CA$24.0b | CA$17.5b | -CA$403,731,206.00 | 28.5x | -59.4x | 1.4x |
| Wed, 20 Sep 2023 | CA$26.1b | CA$17.4b | -CA$408,163,940.00 | 31.2x | -63.9x | 1.5x |
-63.9x
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | -1.83% | |
| Industrials | -2.44% | |
| Commercial Services | -2.67% | |
| Office Services and Supplies | 0% | 0 |
| Security and Alarm Services | 0% | 0 |
| Environmental and Facilities Services | -1.98% | |
| Diversified Support Services | -3.52% | |
| Commercial Printing | -7.75% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CGY Calian Group | CA$79.47 | 1.5% +CA$13.6m | 54.5% | PE23.8x | |
| SERV Elevate Service Group | CA$2.50 | 13.6% +CA$12.5m | n/a | PS3.1x | |
| DXT Dexterra Group | CA$14.02 | 0.8% +CA$6.9m | 49.3% | PE19.9x | |
| BQE BQE Water | CA$71.60 | 2.3% +CA$2.1m | 40.3% | PE18.6x | |
| COO Ostrom Climate Solutions | CA$0.035 | 16.7% +CA$570.5k | -22.2% | PE1.3x |