Header cover image

Canadian (TSX) Professional Services Industry Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies9
  • 7D2.5%
  • 3M10.5%
  • 1Y3.8%
  • YTD8.0%

The Professional Services industry is up 2.5% in the last week, with Thomson Reuters up 2.6%. Meanwhile, Deveron actually underperformed within the industry, shrinking 14% in the last week. In the last 12 months, the industry was up 3.8%. Looking forward, earnings are forecast to grow by 8.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022CA$79.3bCA$10.7bCA$1.4b39.5x56.4x7.4x
Sat, 29 Oct 2022CA$73.7bCA$10.7bCA$723.5m55.9x101.9x6.9x
Mon, 26 Sep 2022CA$78.3bCA$14.7bCA$912.7m34.3x85.8x5.3x
Wed, 24 Aug 2022CA$81.4bCA$14.3bCA$876.6m36.9x92.8x5.7x
Fri, 22 Jul 2022CA$77.9bCA$13.9bCA$2.3b28.3x33.7x5.6x
Sun, 19 Jun 2022CA$71.4bCA$14.0bCA$2.3b22.7x30.5x5.1x
Tue, 17 May 2022CA$67.6bCA$13.9bCA$2.3b24.1x29.1x4.9x
Thu, 14 Apr 2022CA$75.7bCA$13.4bCA$7.3b16.9x10.3x5.6x
Sat, 12 Mar 2022CA$73.7bCA$13.6bCA$7.4b17.8x10x5.4x
Mon, 07 Feb 2022CA$76.1bCA$13.4bCA$8.4b20.7x9.1x5.7x
Wed, 05 Jan 2022CA$82.7bCA$13.4bCA$8.4b21.2x9.9x6.2x
Fri, 03 Dec 2021CA$86.2bCA$13.4bCA$8.4b30.4x10.2x6.4x
Sun, 31 Oct 2021CA$84.7bCA$13.0bCA$8.7b21x9.7x6.5x
Tue, 28 Sep 2021CA$81.2bCA$13.1bCA$8.9b19.1x9.1x6.2x
Thu, 26 Aug 2021CA$81.8bCA$12.9bCA$8.7b15.8x9.4x6.3x
Fri, 02 Jul 2021CA$70.4bCA$12.9bCA$8.7b14.3x8x5.4x
Mon, 05 Apr 2021CA$63.3bCA$12.8bCA$7.8b23.3x8.2x4.9x
Thu, 07 Jan 2021CA$58.9bCA$12.9bCA$1.7b29.1x34.8x4.6x
Wed, 30 Sep 2020CA$59.5bCA$13.2bCA$2.8b21.1x21.5x4.5x
Sat, 04 Jul 2020CA$52.8bCA$13.3bCA$2.4b22.4x22.2x4x
Tue, 07 Apr 2020CA$53.6bCA$13.7bCA$2.6b21.4x21x3.9x
Fri, 10 Jan 2020CA$53.0bCA$12.8bCA$2.2b29x23.6x4.1x
Price to Earnings Ratio

135.5x


Total Market Cap: CA$52.7bTotal Earnings: CA$389.1mTotal Revenue: CA$12.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Professional Services Industry Price to Earnings3Y Average 26.2x202020212022
Current Industry PE
  • Investors are optimistic on the Canadian Professional Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 56.4x which is higher than its 3-year average PE of 26.2x.
  • The 3-year average PS ratio of 5.1x is lower than the industry's current PS ratio of 7.4x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have grown 53% per year over the last three years.
  • Meanwhile revenues for these companies have declined 5.7% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Canadian Industrials industry?

CA Market0.70%
Industrials1.78%
Professional Services2.50%
Research and Consulting Services2.59%
HR Services-0.56%
Industry PE
  • Investors are most optimistic about the HR Services industry which is trading above its 3-year average PE ratio of 4.5x.
    • Analysts are expecting annual earnings growth of 36.4%, which is lower than the prior year's growth of 81.0% per year.
  • Investors are most pessimistic about the Research and Consulting Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 25.9x.
Forecasted Growth
  • Analysts are most optimistic on the HR Services industry, expecting annual earnings growth of 36% over the next 5 years.
  • However this is lower than its past earnings growth rate of 81% per year.
  • In contrast, the Research and Consulting Services industry is expected to see its earnings grow by 8.1% 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
TRI Thomson ReutersCA$158.392.6%
+CA$2.0b
3.9%PE54.5x
RIWI RIWICA$0.765.6%
+CA$720.2k
-44.1%PS3.8x
GSL Green Scientific Labs HoldingsCA$0.060%
CA$1.5k
-99.1%PS0.2x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

BLAB

CA$0.08

Britannia Life Sciences

7D

-11.1%

1Y

-56.8%

FARM

CA$0.41

Deveron

7D

-13.7%

1Y

-46.1%

CWL

CA$1.68

Caldwell Partners International

7D

-4.0%

1Y

-25.7%

MYID

CA$0.035

Reklaim

7D

-12.5%

1Y

-89.7%

TRI

CA$158.39

Thomson Reuters

7D

2.6%

1Y

3.9%

RIWI

CA$0.76

RIWI

7D

5.6%

1Y

-44.1%

GSL

CA$0.06

Green Scientific Labs Holdings

7D

0%

1Y

-99.1%