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Canadian (TSX) Professional Services Industry Analysis
UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies6
- 7D4.3%
- 3M6.1%
- 1Y20.2%
- YTD5.1%
In the last week, the Professional Services industry is up 4.3%, with Thomson Reuters up 4.3%. This takes the industry's 12 month performance to a gain of 20%. In the next few years earnings are forecast to be pretty stable.
Industry Valuation and Performance
Has the Canadian Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Feb 2025 | CA$110.1b | CA$10.5b | CA$3.2b | 33.9x | 34x | 10.5x |
| Mon, 30 Dec 2024 | CA$105.2b | CA$10.5b | CA$3.2b | 8.3x | 33.1x | 10.1x |
| Wed, 27 Nov 2024 | CA$101.0b | CA$10.2b | CA$3.1b | 8x | 32.5x | 9.9x |
| Fri, 25 Oct 2024 | CA$104.1b | CA$9.9b | CA$3.2b | 18.5x | 32.7x | 10.5x |
| Sun, 22 Sep 2024 | CA$103.6b | CA$9.7b | CA$3.1b | 18.3x | 33.2x | 10.7x |
| Tue, 20 Aug 2024 | CA$100.8b | CA$9.7b | CA$3.1b | 18.2x | 32.1x | 10.4x |
| Thu, 18 Jul 2024 | CA$101.5b | CA$9.6b | CA$3.2b | 17.9x | 31.6x | 10.5x |
| Sat, 15 Jun 2024 | CA$104.2b | CA$9.7b | CA$3.2b | 18.7x | 32.3x | 10.8x |
| Mon, 13 May 2024 | CA$103.5b | CA$9.6b | CA$3.2b | 18.3x | 32.3x | 10.8x |
| Wed, 10 Apr 2024 | CA$94.4b | CA$9.4b | CA$3.5b | 16.3x | 26.6x | 10.1x |
| Fri, 08 Mar 2024 | CA$95.4b | CA$9.3b | CA$3.5b | 17.2x | 27.1x | 10.3x |
| Sun, 04 Feb 2024 | CA$95.6b | CA$10.8b | CA$2.9b | 28.1x | 32.6x | 8.8x |
| Tue, 02 Jan 2024 | CA$91.3b | CA$10.7b | CA$2.9b | 27.6x | 31.7x | 8.5x |
| Thu, 30 Nov 2023 | CA$89.7b | CA$10.9b | CA$3.0b | 26.9x | 30.3x | 8.2x |
| Sat, 28 Oct 2023 | CA$77.5b | CA$11.1b | CA$2.9b | 25.3x | 26.7x | 7x |
| Mon, 25 Sep 2023 | CA$80.1b | CA$10.8b | CA$2.8b | 26.1x | 28.4x | 7.4x |
| Wed, 23 Aug 2023 | CA$81.0b | CA$10.9b | CA$2.8b | 26.2x | 28.6x | 7.4x |
| Fri, 21 Jul 2023 | CA$79.3b | CA$10.6b | CA$1.5b | 52.2x | 53.5x | 7.5x |
| Sun, 18 Jun 2023 | CA$83.7b | CA$10.6b | CA$1.5b | 55.2x | 56.4x | 7.9x |
| Tue, 16 May 2023 | CA$81.5b | CA$10.8b | CA$1.5b | 52.6x | 54.1x | 7.6x |
| Thu, 13 Apr 2023 | CA$86.0b | CA$10.7b | CA$1.9b | 34.5x | 45.8x | 8x |
| Sat, 11 Mar 2023 | CA$81.6b | CA$11.0b | CA$1.9b | 32.7x | 42.3x | 7.5x |
| Mon, 06 Feb 2023 | CA$80.4b | CA$10.6b | CA$1.4b | 40.2x | 58x | 7.6x |
| Wed, 04 Jan 2023 | CA$78.9b | CA$10.8b | CA$1.4b | 39.1x | 55.7x | 7.3x |
| Fri, 02 Dec 2022 | CA$78.9b | CA$10.6b | CA$1.4b | 39.6x | 56.6x | 7.4x |
| Sun, 30 Oct 2022 | CA$73.7b | CA$10.7b | CA$723.5m | 55.9x | 101.9x | 6.9x |
| Tue, 27 Sep 2022 | CA$78.6b | CA$14.8b | CA$919.8m | 34.7x | 85.4x | 5.3x |
| Thu, 25 Aug 2022 | CA$81.2b | CA$14.3b | CA$878.2m | 36.9x | 92.5x | 5.7x |
| Sat, 23 Jul 2022 | CA$77.9b | CA$13.9b | CA$2.3b | 28.3x | 33.7x | 5.6x |
| Mon, 20 Jun 2022 | CA$71.4b | CA$14.0b | CA$2.3b | 22.7x | 30.5x | 5.1x |
| Wed, 18 May 2022 | CA$68.0b | CA$13.9b | CA$2.3b | 24.2x | 29.4x | 4.9x |
| Fri, 15 Apr 2022 | CA$74.4b | CA$13.4b | CA$7.3b | 17x | 10.1x | 5.5x |
| Sun, 13 Mar 2022 | CA$73.7b | CA$13.6b | CA$7.4b | 17.8x | 10x | 5.4x |
| Tue, 08 Feb 2022 | CA$75.5b | CA$13.4b | CA$8.3b | 20.6x | 9x | 5.6x |
Price to Earnings Ratio
9x
Current Industry PE
- Investors are pessimistic on the Canadian Professional 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 34.0x which is lower than its 3-year average PE of 39.4x.
- The 3-year average PS ratio of 8.0x is lower than the industry's current PS ratio of 10.5x.
Past Earnings Growth
- The earnings for companies in the Professional Services industry have declined 27% per year over the last three years,
- Revenues have also declined 7.7% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | -0.47% | |
| Industrials | -0.22% | |
| Professional Services | 4.29% | |
| Research and Consulting Services | 4.30% | |
| HR Services | -2.48% | |
Industry PE
- Investors are most optimistic about the HR Services industry which is trading above its 3-year average PE ratio of 27.0x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Research and Consulting Services industry, which is trading below its 3-year average of 39.1x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Research and Consulting Services industry since they expect its earnings to decline by only 0.4% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 2.9% per year.
- In contrast, the Research and Consulting Services industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| TRI Thomson Reuters | CA$244.23 | 4.3% +CA$4.5b | 20.2% | PE33.9x | |
| MYID Reklaim | CA$0.12 | 20.0% +CA$2.4m | 50.0% | PE56.7x | |
| BLAB Britannia Life Sciences | CA$0.07 | 7.7% +CA$811.3k | -22.2% | PS1.6x |