Narrative Update • Jun 01

Over the last 7 days, the Commercial Services industry has dropped 4.1%, driven by a pullback from Element Fleet Management of 5.1%. However, the industry is down 21% over the past year. Earnings are forecast to grow by 32% annually.
Has the Canadian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 04 Jun 2026 | CA$36.2b | CA$18.8b | CA$747.5m | 27x | 48.5x | 1.9x |
| Sat, 02 May 2026 | CA$41.6b | CA$18.2b | CA$709.3m | 31.9x | 58.6x | 2.3x |
| Mon, 30 Mar 2026 | CA$40.4b | CA$18.2b | CA$709.6m | 30.6x | 56.9x | 2.2x |
| Wed, 25 Feb 2026 | CA$46.0b | CA$20.3b | CA$907.2m | 23.7x | 50.7x | 2.3x |
| Fri, 23 Jan 2026 | CA$47.1b | CA$22.0b | CA$774.8m | 23.2x | 60.8x | 2.1x |
| Sun, 21 Dec 2025 | CA$46.5b | CA$22.0b | CA$775.2m | 23.7x | 60x | 2.1x |
| Tue, 18 Nov 2025 | CA$46.6b | CA$22.1b | CA$767.1m | 20x | 60.8x | 2.1x |
| Thu, 16 Oct 2025 | CA$47.2b | CA$21.8b | CA$616.0m | 22x | 76.6x | 2.2x |
| Sat, 13 Sep 2025 | CA$48.3b | CA$21.0b | CA$608.1m | 21.8x | 79.4x | 2.3x |
| Mon, 11 Aug 2025 | CA$47.9b | CA$20.9b | CA$619.0m | 24.6x | 77.4x | 2.3x |
| Wed, 09 Jul 2025 | CA$46.4b | CA$20.8b | -CA$216,591,233.53 | 20.9x | -214.1x | 2.2x |
| Fri, 06 Jun 2025 | CA$45.6b | CA$20.8b | -CA$201,891,351.32 | 19.8x | -225.8x | 2.2x |
| Sun, 04 May 2025 | CA$45.9b | CA$20.8b | -CA$241,391,947.88 | 23.4x | -190.2x | 2.2x |
| Tue, 01 Apr 2025 | CA$46.3b | CA$20.9b | -CA$161,325,384.26 | 21.3x | -286.9x | 2.2x |
| Thu, 27 Feb 2025 | CA$45.0b | CA$21.0b | -CA$116,848,267.03 | 22x | -385.1x | 2.1x |
| Sat, 25 Jan 2025 | CA$44.3b | CA$21.0b | CA$28.3m | 23.3x | 1564.4x | 2.1x |
| Mon, 23 Dec 2024 | CA$45.3b | CA$21.0b | CA$29.3m | 23.7x | 1547.2x | 2.2x |
| Wed, 20 Nov 2024 | CA$44.6b | CA$20.8b | CA$10.1m | 23.6x | 4422.8x | 2.1x |
| Fri, 18 Oct 2024 | CA$42.3b | CA$20.5b | -CA$91,689,036.80 | 24.4x | -461x | 2.1x |
| Sun, 15 Sep 2024 | CA$41.0b | CA$20.4b | -CA$100,323,278.94 | 23x | -408.6x | 2x |
| Tue, 13 Aug 2024 | CA$38.9b | CA$20.5b | -CA$14,848,572.31 | 31.6x | -2622.7x | 1.9x |
| Thu, 11 Jul 2024 | CA$38.3b | CA$20.2b | CA$652.0m | 30.5x | 58.7x | 1.9x |
| Sat, 08 Jun 2024 | CA$38.2b | CA$20.4b | CA$621.1m | 32.3x | 61.5x | 1.9x |
| Mon, 06 May 2024 | CA$35.2b | CA$20.0b | CA$647.4m | 20.7x | 54.4x | 1.8x |
| Wed, 03 Apr 2024 | CA$36.0b | CA$20.0b | CA$597.6m | 29.2x | 60.2x | 1.8x |
| Fri, 01 Mar 2024 | CA$37.8b | CA$19.8b | CA$582.8m | 25.4x | 64.8x | 1.9x |
| Sun, 28 Jan 2024 | CA$36.2b | CA$19.7b | CA$220.8m | 23.9x | 164x | 1.8x |
| Tue, 26 Dec 2023 | CA$34.5b | CA$19.6b | CA$212.1m | 21.9x | 162.7x | 1.8x |
| Thu, 23 Nov 2023 | CA$24.6b | CA$17.9b | -CA$208,209,151.00 | 19.4x | -118.1x | 1.4x |
| Sat, 21 Oct 2023 | CA$24.0b | CA$17.5b | -CA$403,731,206.00 | 28.5x | -59.4x | 1.4x |
| Mon, 18 Sep 2023 | CA$26.3b | CA$17.4b | -CA$406,523,633.00 | 30.7x | -64.6x | 1.5x |
| Wed, 16 Aug 2023 | CA$25.7b | CA$17.4b | -CA$407,553,560.00 | 19.1x | -63x | 1.5x |
| Fri, 14 Jul 2023 | CA$27.8b | CA$16.5b | -CA$682,967,515.00 | 26.6x | -40.6x | 1.7x |
| Sun, 11 Jun 2023 | CA$27.9b | CA$16.6b | -CA$689,867,286.00 | 25.2x | -40.5x | 1.7x |
-40.5x
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | 0.85% | |
| Industrials | -0.45% | |
| Commercial Services | -2.22% | |
| Security and Alarm Services | 0.81% | |
| Commercial Printing | 0.59% | |
| Office Services and Supplies | 0% | 0 |
| Environmental and Facilities Services | -0.23% | |
| Diversified Support Services | -4.11% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CGY Calian Group | CA$90.07 | 3.9% +CA$39.2m | 123.4% | PE31.3x | |
| BCBN Base Carbon | CA$0.88 | 11.4% +CA$9.1m | 1.1% | PS29.1x | |
| PLAS PlasCred Circular Innovations | CA$0.17 | 17.2% +CA$3.1m | 161.5% | PB2.4x | |
| NVRO NVRO Metals | CA$0.17 | 2.9% +CA$2.6m | 118.8% | PS952.2x | |
| SECU SSC Security Services | CA$4.33 | 0.8% +CA$639.3k | 79.7% | PE182.6x |