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Canadian (TSX) Professional Services Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies13
- 7D0.9%
- 3M5.7%
- 1Y51.2%
- YTD48.8%
Over the last 7 days, the Professional Services industry has remained flat. As for the the longer term, the industry is up 51% over the past 12 months.
Industry Valuation and Performance
Has the Canadian Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | CA$86.1b | CA$13.4b | CA$8.4b | 30.1x |
| Thu, 28 Oct 2021 | CA$83.3b | CA$12.9b | CA$8.7b | 20.8x |
| Sat, 25 Sep 2021 | CA$82.6b | CA$13.1b | CA$9.0b | 19x |
| Mon, 23 Aug 2021 | CA$82.0b | CA$12.9b | CA$8.7b | 16.4x |
| Sat, 10 Jul 2021 | CA$70.4b | CA$12.9b | CA$8.7b | 14.3x |
| Fri, 02 Apr 2021 | CA$63.3b | CA$12.8b | CA$7.8b | 23.3x |
| Mon, 04 Jan 2021 | CA$58.9b | CA$12.9b | CA$1.7b | 29.1x |
| Thu, 08 Oct 2020 | CA$59.5b | CA$13.2b | CA$2.8b | 21.1x |
| Wed, 01 Jul 2020 | CA$52.8b | CA$13.3b | CA$2.4b | 22.4x |
| Sat, 04 Apr 2020 | CA$53.6b | CA$13.7b | CA$2.6b | 21.4x |
| Tue, 07 Jan 2020 | CA$53.0b | CA$12.8b | CA$2.2b | 29x |
| Mon, 30 Sep 2019 | CA$50.0b | CA$12.8b | CA$388.8m | 56.5x |
| Thu, 04 Jul 2019 | CA$48.0b | CA$12.4b | CA$365.6m | 37.7x |
| Sun, 07 Apr 2019 | CA$45.2b | CA$12.2b | CA$261.6m | 33.5x |
| Wed, 09 Jan 2019 | CA$38.5b | CA$12.1b | CA$300.9m | 30.4x |
PE Ratio
39.5x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 30.4x. However, future earnings are expected to decline by 35% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: The earnings for companies in the Professional Services industry have grown 120% per year over the last three years, and revenues for these companies have grown 6.0% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Canadian Professional Services industry?
| Research and Consulting Services | 1.02% | |
| HR Services | -4.18% | |
Industry PE: Investors are most optimistic about the Research and Consulting Services industry which is trading above its 3-year average PE ratio of 27.9x. However analysts are expecting annual earnings decline of 38%, which is lower than the prior year's growth of 6.6% per year. So the market might believe that analysts are underestimating future growth or they expect the Research and Consulting Services industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the HR Services industry, which is trading below its 3-year average of 50.4x.
Forecasted Growth: Analysts are most optimistic on the HR Services industry, expecting annual earnings growth of 112% over the next 5 years. This is better than it's past earnings growth rate of 59% per year. Meanwhile, the Research and Consulting Services industry is expected to see its earnings decline by 38% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| TRI Thomson Reuters | 1.3%+CA$984.0m | 51.5% | PE9.2x | |
| GAGE Gage Growth | 11.4%+CA$32.3m | n/a | PS5.6x | |
| GSL Green Scientific Labs Holdings | 6.9%+CA$6.6m | n/a | PS10.3x | |
| HIRE Hire Technologies | 1.7%+CA$416.0k | -57.9% | PS1.1x | |
| MYID Reklaim | 1.5%+CA$336.9k | -47.7% | PS47.7x |
