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Canadian (TSX) Commercial Services Industry Analysis

UpdatedApr 16, 2026
DataAggregated Company Financials
Companies20
  • 7D-5.2%
  • 3M-9.6%
  • 1Y-7.6%
  • YTD-8.9%

Over the last 7 days, the Commercial Services industry has dropped 4.5%, driven by GFL Environmental declining 13%. However, the industry is down 8.3% over the past year. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Canadian Commercial Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Apr 2026CA$41.5bCA$18.1bCA$713.8m32.8x58.2x2.3x
Sat, 14 Mar 2026CA$43.4bCA$18.0bCA$653.9m30.9x66.4x2.4x
Mon, 09 Feb 2026CA$46.6bCA$21.9bCA$773.0m23.5x60.3x2.1x
Wed, 07 Jan 2026CA$46.1bCA$22.0bCA$775.7m23.6x59.4x2.1x
Fri, 05 Dec 2025CA$48.1bCA$22.0bCA$785.0m23.4x61.3x2.2x
Sun, 02 Nov 2025CA$46.7bCA$21.8bCA$620.1m22.9x75.3x2.1x
Tue, 30 Sep 2025CA$47.4bCA$21.7bCA$611.1m21.7x77.5x2.2x
Thu, 28 Aug 2025CA$48.6bCA$20.9bCA$592.4m23.9x82x2.3x
Sat, 26 Jul 2025CA$46.8bCA$20.8b-CA$215,798,151.8925x-216.7x2.3x
Mon, 23 Jun 2025CA$46.5bCA$20.8b-CA$198,951,228.0219.7x-233.6x2.2x
Wed, 21 May 2025CA$46.4bCA$20.9b-CA$194,384,294.9720.6x-238.9x2.2x
Fri, 18 Apr 2025CA$44.3bCA$20.7b-CA$237,179,981.6822.8x-186.8x2.1x
Sun, 16 Mar 2025CA$45.4bCA$20.9b-CA$132,940,904.7820.4x-341.4x2.2x
Tue, 11 Feb 2025CA$45.9bCA$20.9bCA$27.0m22.1x1700.5x2.2x
Thu, 09 Jan 2025CA$44.5bCA$21.0bCA$29.8m23.3x1496x2.1x
Sat, 07 Dec 2024CA$45.8bCA$20.9bCA$20.3m23.3x2250.6x2.2x
Mon, 04 Nov 2024CA$42.7bCA$20.5b-CA$92,287,163.0227x-463.1x2.1x
Wed, 02 Oct 2024CA$40.8bCA$20.3b-CA$104,429,506.1724.1x-390.9x2x
Fri, 30 Aug 2024CA$41.1bCA$20.3b-CA$116,887,834.2724x-351.9x2x
Sun, 28 Jul 2024CA$39.0bCA$20.3bCA$667.8m31.5x58.4x1.9x
Tue, 25 Jun 2024CA$38.2bCA$20.4bCA$619.0m30.2x61.8x1.9x
Thu, 23 May 2024CA$34.6bCA$20.4bCA$617.1m31.2x56x1.7x
Sat, 20 Apr 2024CA$35.3bCA$20.1bCA$606.5m21.5x58.3x1.8x
Mon, 18 Mar 2024CA$36.3bCA$19.8bCA$560.0m29.8x64.9x1.8x
Wed, 14 Feb 2024CA$36.6bCA$19.5bCA$293.3m23.2x124.6x1.9x
Fri, 12 Jan 2024CA$34.9bCA$19.7bCA$214.5m22.1x162.8x1.8x
Sun, 10 Dec 2023CA$32.5bCA$19.8bCA$218.7m19.9x148.7x1.6x
Tue, 07 Nov 2023CA$24.3bCA$17.5b-CA$195,578,530.0025.4x-124x1.4x
Thu, 05 Oct 2023CA$24.8bCA$17.5b-CA$403,223,478.0029x-61.5x1.4x
Sat, 02 Sep 2023CA$25.7bCA$17.5b-CA$422,483,974.0024.7x-60.9x1.5x
Mon, 31 Jul 2023CA$26.6bCA$16.8b-CA$472,536,427.0027.4x-56.3x1.6x
Wed, 28 Jun 2023CA$27.8bCA$16.5b-CA$682,630,218.0024x-40.8x1.7x
Fri, 26 May 2023CA$27.7bCA$16.6b-CA$687,011,677.0023.7x-40.3x1.7x
Sun, 23 Apr 2023CA$26.5bCA$15.8b-CA$357,500,040.0019.3x-74x1.7x
Price to Earnings Ratio

-74x


Total Market Cap: CA$26.5bTotal Earnings: -CA$357,500,040.00Total Revenue: CA$15.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Commercial Services Industry Price to Earnings3Y Average 112.8x202420252026
Current Industry PE
  • Investors are pessimistic on the Canadian Commercial Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 57.7x which is lower than its 3-year average PE of 113x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.3x.
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 4.8% 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 Market1.73%
Industrials1.28%
Commercial Services-5.17%
Commercial Printing9.74%
Diversified Support Services2.43%
Security and Alarm Services0.50%
Office Services and Supplies0%0
Environmental and Facilities Services-12.09%
Industry PE
  • Investors are most optimistic about the Security and Alarm Services industry which is trading above its 3-year average PE ratio of 15.1x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Commercial Printing industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.0x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Support Services industry, expecting annual earnings growth of 37% over the next 5 years.
  • This is better than its past earnings growth rate of 2.4% per year.
  • In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 14% 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
EFN Element Fleet ManagementCA$32.553.2%
+CA$402.0m		9.2%PE33.8x
ANRG AnaergiaCA$3.1613.3%
+CA$63.5m		247.3%PS3x
BDI Black Diamond GroupCA$17.264.4%
+CA$49.9m		114.1%PE34.3x
KBL K-Bro LinenCA$37.197.3%
+CA$32.5m		3.6%PE26.7x
DXT Dexterra GroupCA$12.253.7%
+CA$27.5m		49.9%PE18.9x

Latest News

BQE
CA$67.58
BQE Water
7D
7.6%
1Y
22.9%
BYD
CA$170.01
Boyd Group Services
7D
-0.4%
1Y
-19.3%

Project 360 And Synergies Will Support Stronger Margins And Long Term Expansion

Catalysts About Boyd Group Services Boyd Group Services operates collision repair centers across North America, serving insurance carriers and vehicle owners through a large network of locations. What are the underlying business or industry changes driving this perspective?
GFL
CA$53.48
GFL Environmental
7D
-12.8%
1Y
-20.6%
DXT
CA$12.25
Dexterra Group
7D
3.7%
1Y
49.9%

DXT: Integrated Services Shift And Hybrid Model Will Support Upside Potential

Analysts have nudged their average price target for Dexterra Group higher to CA$18, citing the company’s streamlined operations and its shift toward integrated facilities management alongside its established workforce accommodation business in Canada. Analyst Commentary Analysts covering Dexterra Group are focusing on how the company’s refocused operations and integrated service mix could influence its valuation and execution outlook.
ANRG
CA$3.16
Anaergia
7D
13.3%
1Y
247.3%
EFN
CA$32.55
Element Fleet Management
7D
3.2%
1Y
9.2%
CGY
CA$73.99
Calian Group
7D
0.6%
1Y
64.0%

CGY: Defence Collaborations And Higher P E Assumptions Will Shape Future Upside

Calian Group's analyst price targets have been raised into a CA$78 to CA$80 range, with analysts pointing to their updated work on discount rates, revenue growth and P/E assumptions as support for the higher valuation. Analyst Commentary Recent research points to a cluster of higher price targets for Calian Group in the CA$78 to CA$80 range, with bullish analysts publishing updated work that feeds into these levels.
BDI
CA$17.26
Black Diamond Group
7D
4.4%
1Y
114.1%
DCM
CA$1.69
DATA Communications Management
7D
9.7%
1Y
-2.9%
BCBN
CA$0.93
Base Carbon
7D
-6.1%
1Y
132.5%
PYR
CA$0.41
PyroGenesis
7D
-6.7%
1Y
-4.6%
KBL
CA$37.19
K-Bro Linen
7D
7.3%
1Y
3.6%

K-Bro Linen's (TSE:KBL) Weak Earnings May Only Reveal A Part Of The Whole Picture

Mar 27
K-Bro Linen's (TSE:KBL) Weak Earnings May Only Reveal A Part Of The Whole Picture
VTX
CA$0.17
Vertex Resource Group
7D
-15.0%
1Y
-29.2%
SCAN
CA$6.85
Liberty Defense Holdings
7D
-5.4%
1Y
-68.9%
LUX
CA$0.06
Newlox Gold Ventures
7D
-20.0%
1Y
33.3%
BLM
CA$0.88
BluMetric Environmental
7D
-2.2%
1Y
-25.4%