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Canadian (TSX) Commercial Services Industry Analysis
UpdatedOct 19, 2024
DataAggregated Company Financials
Companies23
- 7D1.4%
- 3M5.3%
- 1Y33.3%
- YTD19.1%
The Commercial Services industry is up 1.4% in the last week, with GFL Environmental up 2.5%. In the last 12 months, the industry was up 33%. Looking forward, earnings are forecast to grow by 75% 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 |
|---|---|---|---|---|---|---|
| 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 |
| Tue, 26 Oct 2021 | CA$28.6b | CA$10.9b | -CA$690,034,270.00 | 32.5x | -41.4x | 2.6x |
Price to Earnings Ratio
-41.4x
Current Industry PE
- Investors are optimistic on the Canadian Commercial Services industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have improved over the last three years.
- Revenues for these companies have grown 23% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | 1.38% | |
| Industrials | -0.15% | |
| Commercial Services | 1.44% | |
| Commercial Printing | 4.91% | |
| Environmental and Facilities Services | 2.52% | |
| Diversified Support Services | 0.15% | |
| Office Services and Supplies | 0% | |
| Security and Alarm Services | -1.18% | |
Industry PE
- Investors are most optimistic about the Security and Alarm Services industry which is trading above its 3-year average PE ratio.
- 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 118% over the next 5 years.
- However this is lower than its past earnings growth rate of 291% per year.
- In contrast, the Diversified Support Services industry is expected to see its earnings grow by 26% 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 | |
|---|---|---|---|---|---|
| GFL GFL Environmental | CA$57.07 | 2.5% +CA$550.7m | 38.5% | PS2.9x | |
| BYD Boyd Group Services | CA$215.50 | 1.7% +CA$75.2m | -7.2% | PE57x | |
| ACT Aduro Clean Technologies | CA$6.50 | 9.2% +CA$15.0m | 75.4% | PS524.3x | |
| DCM DATA Communications Management | CA$2.78 | 4.9% +CA$7.2m | 1.1% | PS0.3x | |
| VTX Vertex Resource Group | CA$0.30 | 20.0% +CA$5.6m | -32.6% | PS0.1x |
