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Canadian (TSX) Commercial Services Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies22
- 7D1.7%
- 3M7.2%
- 1Y35.6%
- YTD25.3%
In the last week, the Commercial Services industry is up 1.7%, with GFL Environmental up 1.5%. This takes the industry's 12 month performance to a gain of 36%. Earnings are forecast to grow by 82% annually.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CA$44.6b | CA$20.8b | CA$10.1m | 23.6x | 4422.8x | 2.1x |
| Sat, 19 Oct 2024 | CA$43.0b | CA$20.5b | -CA$91,370,628.45 | 24.4x | -470.7x | 2.1x |
| Mon, 16 Sep 2024 | CA$41.0b | CA$20.4b | -CA$100,323,278.94 | 23x | -408.6x | 2x |
| Wed, 14 Aug 2024 | CA$39.4b | CA$20.5b | -CA$16,553,378.63 | 31.6x | -2382.5x | 1.9x |
| Fri, 12 Jul 2024 | CA$38.3b | CA$20.2b | CA$657.4m | 30.4x | 58.3x | 1.9x |
| Sun, 09 Jun 2024 | CA$37.3b | CA$20.4b | CA$621.6m | 32.3x | 60x | 1.8x |
| Tue, 07 May 2024 | CA$35.3b | CA$20.0b | CA$647.1m | 20.8x | 54.6x | 1.8x |
| Thu, 04 Apr 2024 | CA$35.5b | CA$20.0b | CA$596.9m | 29.6x | 59.5x | 1.8x |
| Sat, 02 Mar 2024 | CA$37.9b | CA$19.8b | CA$580.9m | 30.6x | 65.2x | 1.9x |
| Mon, 29 Jan 2024 | CA$36.2b | CA$19.7b | CA$220.8m | 23.9x | 164x | 1.8x |
| Wed, 27 Dec 2023 | CA$34.5b | CA$19.6b | CA$212.0m | 21.9x | 162.7x | 1.8x |
| Fri, 24 Nov 2023 | CA$24.2b | CA$17.9b | -CA$208,407,423.00 | 22.2x | -116.2x | 1.4x |
| Sun, 22 Oct 2023 | CA$24.0b | CA$17.5b | -CA$403,731,206.00 | 28.5x | -59.4x | 1.4x |
| Tue, 19 Sep 2023 | CA$26.5b | CA$17.4b | -CA$407,094,003.00 | 31.2x | -65.1x | 1.5x |
| Thu, 17 Aug 2023 | CA$26.1b | CA$17.4b | -CA$406,961,760.00 | 19x | -64.1x | 1.5x |
| Sat, 15 Jul 2023 | CA$28.2b | CA$16.6b | -CA$682,370,110.00 | 27x | -41.3x | 1.7x |
| Mon, 12 Jun 2023 | CA$27.9b | CA$16.6b | -CA$689,867,286.00 | 25.2x | -40.5x | 1.7x |
| Wed, 10 May 2023 | CA$27.8b | CA$16.2b | -CA$723,625,371.00 | 20.7x | -38.5x | 1.7x |
| Fri, 07 Apr 2023 | CA$24.7b | CA$15.8b | -CA$306,227,869.00 | 20.1x | -80.7x | 1.6x |
| Sun, 05 Mar 2023 | CA$24.1b | CA$15.5b | -CA$322,523,690.00 | 17.1x | -74.6x | 1.6x |
| Tue, 31 Jan 2023 | CA$23.1b | CA$15.3b | -CA$156,818,931.00 | 14.5x | -147.2x | 1.5x |
| Thu, 29 Dec 2022 | CA$22.1b | CA$15.4b | -CA$149,663,441.00 | 13.8x | -147.5x | 1.4x |
| Sat, 26 Nov 2022 | CA$22.4b | CA$15.3b | -CA$144,179,989.00 | 17.1x | -155.3x | 1.5x |
| Mon, 24 Oct 2022 | CA$20.8b | CA$14.4b | -CA$291,813,239.00 | 15.3x | -71.2x | 1.4x |
| Wed, 21 Sep 2022 | CA$21.9b | CA$14.3b | -CA$296,524,578.00 | 17.7x | -73.8x | 1.5x |
| Fri, 19 Aug 2022 | CA$22.2b | CA$14.2b | -CA$287,183,440.00 | 22.7x | -77.2x | 1.6x |
| Sun, 17 Jul 2022 | CA$18.9b | CA$13.2b | -CA$294,625,757.00 | 24.4x | -64.3x | 1.4x |
| Tue, 14 Jun 2022 | CA$19.7b | CA$13.2b | -CA$284,598,076.00 | 29x | -69.2x | 1.5x |
| Thu, 12 May 2022 | CA$20.1b | CA$12.7b | -CA$237,521,862.00 | 24.6x | -84.7x | 1.6x |
| Sat, 09 Apr 2022 | CA$23.5b | CA$12.3b | -CA$656,294,540.00 | 29.2x | -35.8x | 1.9x |
| Mon, 07 Mar 2022 | CA$21.2b | CA$12.2b | -CA$584,533,940.00 | 25.3x | -36.2x | 1.7x |
| Wed, 02 Feb 2022 | CA$24.7b | CA$11.8b | -CA$915,401,606.00 | 28.3x | -26.9x | 2.1x |
| Fri, 31 Dec 2021 | CA$26.1b | CA$11.7b | -CA$883,576,724.00 | 27.9x | -29.5x | 2.2x |
| Sun, 28 Nov 2021 | CA$27.2b | CA$11.7b | -CA$883,217,942.00 | 35x | -30.7x | 2.3x |
Price to Earnings Ratio
-30.7x
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 4kx which is higher than its 3-year average PE of -82.1x.
- The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.1x.
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 21% 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 | 0.41% | |
| Industrials | -2.23% | |
| Commercial Services | 1.73% | |
| Environmental and Facilities Services | 2.93% | |
| Security and Alarm Services | 0.77% | |
| Diversified Support Services | 0.48% | |
| Office Services and Supplies | 0% | |
| Commercial Printing | -35.59% | |
Industry PE
- Investors are most optimistic about the Security and Alarm Services industry which is trading above its 3-year average PE ratio of 2.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 122% over the next 5 years.
- However this is lower than its past earnings growth rate of 306% per year.
- In contrast, the Diversified Support Services industry is expected to see its earnings grow by 29% 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$29.42 | 4.1% +CA$469.3m | 40.0% | PE23.3x | |
| GFL GFL Environmental | CA$63.30 | 1.0% +CA$243.9m | 57.9% | PS3.2x | |
| KBL K-Bro Linen | CA$36.13 | 5.3% +CA$19.1m | 4.7% | PE20.2x | |
| ROOF Northstar Clean Technologies | CA$0.30 | 13.2% +CA$4.5m | 122.2% | n/a | |
| CGY Calian Group | CA$48.95 | 1.0% +CA$4.3m | -5.2% | PE34.2x |