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Canadian (TSX) Commercial Services Industry Analysis

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies20
  • 7D-4.1%
  • 3M-9.0%
  • 1Y-6.5%
  • YTD-8.0%

Over the last 7 days, the Commercial Services industry has dropped 4.1%, driven by a pullback from GFL Environmental of 5.1%. Overall the industry is down 6.5% in 12 months. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Mar 2026CA$42.5bCA$18.1bCA$655.5m29.6x64.8x2.3x
Mon, 16 Feb 2026CA$46.0bCA$20.3bCA$953.9m23.1x48.3x2.3x
Wed, 14 Jan 2026CA$46.3bCA$22.0bCA$778.8m23.1x59.4x2.1x
Fri, 12 Dec 2025CA$47.1bCA$21.9bCA$777.2m23.6x60.5x2.1x
Sun, 09 Nov 2025CA$46.6bCA$21.9bCA$682.8m20.7x68.3x2.1x
Tue, 07 Oct 2025CA$47.6bCA$21.8bCA$612.2m22.2x77.8x2.2x
Thu, 04 Sep 2025CA$48.4bCA$20.9bCA$606.2m21.4x79.8x2.3x
Sat, 02 Aug 2025CA$47.9bCA$20.9bCA$586.2m25x81.8x2.3x
Mon, 30 Jun 2025CA$46.8bCA$20.8b-CA$200,532,237.7219.7x-233.5x2.3x
Wed, 28 May 2025CA$46.4bCA$20.8b-CA$198,037,655.7320.5x-234.3x2.2x
Fri, 25 Apr 2025CA$44.5bCA$20.7b-CA$236,564,073.5823.3x-188x2.1x
Sun, 23 Mar 2025CA$46.2bCA$20.9b-CA$157,654,717.3021.1x-292.8x2.2x
Tue, 18 Feb 2025CA$46.1bCA$20.8bCA$14.8m22.3x3119x2.2x
Thu, 16 Jan 2025CA$44.3bCA$21.0bCA$27.6m22.6x1605.7x2.1x
Sat, 14 Dec 2024CA$45.1bCA$20.9bCA$23.8m23x1899.6x2.2x
Mon, 11 Nov 2024CA$44.7bCA$20.7b-CA$20,226,595.6127.1x-2210.9x2.2x
Wed, 09 Oct 2024CA$41.2bCA$20.4b-CA$97,957,959.7424.2x-420.3x2x
Fri, 06 Sep 2024CA$40.5bCA$20.3b-CA$114,029,217.6023.2x-354.9x2x
Sun, 04 Aug 2024CA$39.7bCA$20.5b-CA$93,465,398.4028.8x-424.6x1.9x
Tue, 02 Jul 2024CA$39.0bCA$20.4bCA$623.2m30x62.5x1.9x
Thu, 30 May 2024CA$34.1bCA$20.4bCA$619.7m31.1x55x1.7x
Sat, 27 Apr 2024CA$34.2bCA$20.0bCA$605.1m21.1x56.6x1.7x
Mon, 25 Mar 2024CA$36.5bCA$20.0bCA$561.8m28.5x65x1.8x
Wed, 21 Feb 2024CA$37.8bCA$19.6bCA$293.5m25.6x128.7x1.9x
Fri, 19 Jan 2024CA$35.8bCA$19.7bCA$221.7m22.4x161.5x1.8x
Sun, 17 Dec 2023CA$34.4bCA$19.7bCA$215.8m22.2x159.4x1.7x
Tue, 14 Nov 2023CA$23.7bCA$17.9b-CA$180,170,438.0019.3x-131.3x1.3x
Thu, 12 Oct 2023CA$25.3bCA$17.4b-CA$405,623,649.0030.1x-62.4x1.5x
Sat, 09 Sep 2023CA$25.8bCA$17.5b-CA$421,795,503.0025.1x-61.1x1.5x
Mon, 07 Aug 2023CA$25.8bCA$17.0b-CA$323,914,479.0023.7x-79.7x1.5x
Wed, 05 Jul 2023CA$28.9bCA$16.5b-CA$682,432,117.0025.2x-42.3x1.7x
Fri, 02 Jun 2023CA$28.0bCA$16.6b-CA$688,906,154.0024.7x-40.6x1.7x
Sun, 30 Apr 2023CA$27.4bCA$16.2b-CA$715,280,243.0024.9x-38.3x1.7x
Tue, 28 Mar 2023CA$24.2bCA$15.8b-CA$314,278,782.0018.9x-77x1.5x
Price to Earnings Ratio

-77x


Total Market Cap: CA$24.2bTotal Earnings: -CA$314,278,782.00Total Revenue: CA$15.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Commercial Services Industry Price to Earnings3Y Average 109.6x202420252026
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 64.8x which is lower than its 3-year average PE of 110x.
  • The 3-year average PS ratio of 1.9x 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 4.6% 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-3.75%
Industrials-3.52%
Commercial Services-4.12%
Commercial Printing6.71%
Office Services and Supplies0%0
Diversified Support Services-3.27%
Security and Alarm Services-3.45%
Environmental and Facilities Services-4.95%
Industry PE
  • Investors are most optimistic about the Environmental and Facilities Services industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 12.4%, which is lower than the prior year's growth of 19.7% per year.
  • 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 39% 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 12% 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
ANRG AnaergiaCA$2.333.1%
+CA$12.0m
137.8%PS2.8x
DCM DATA Communications ManagementCA$1.596.7%
+CA$5.5m
-15.9%PE9.4x
PLAS PlasCred Circular InnovationsCA$0.2318.4%
+CA$3.2m
275.0%PE-7.8x
SCAN Liberty Defense HoldingsCA$7.0015.7%
+CA$1.9m
-88.5%PS6.7x
VTX Vertex Resource GroupCA$0.208.1%
+CA$1.7m
-23.1%PS0.1x

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