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Canadian (TSX) Professional Services Industry Analysis

UpdatedMar 17, 2024
DataAggregated Company Financials
Companies6
  • 7D0.7%
  • 3M13.0%
  • 1Y20.2%
  • YTD11.0%

The Professional Services industry has been flat over the last week, but Deveron has lost 13%. As for the the longer term, the industry is up 20% over the past 12 months. As for the next few years, earnings are forecast to decline by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 Mar 2024CA$96.3bCA$9.3bCA$3.5b16.8x27.2x10.3x
Tue, 13 Feb 2024CA$96.6bCA$9.3bCA$3.5b19.8x27.5x10.4x
Thu, 11 Jan 2024CA$91.2bCA$10.8bCA$2.9b27.5x31.3x8.5x
Sat, 09 Dec 2023CA$90.7bCA$10.9bCA$3.0b27.1x30.7x8.3x
Mon, 06 Nov 2023CA$82.4bCA$11.0bCA$3.0b25.6x27.6x7.5x
Wed, 04 Oct 2023CA$78.8bCA$11.0bCA$2.9b25.6x27.6x7.2x
Fri, 01 Sep 2023CA$82.3bCA$10.8bCA$2.8b26.4x29.2x7.6x
Sun, 30 Jul 2023CA$79.8bCA$10.6bCA$1.5b53x53.6x7.5x
Tue, 27 Jun 2023CA$80.2bCA$10.6bCA$1.5b52.8x54x7.6x
Thu, 25 May 2023CA$81.9bCA$10.9bCA$1.5b52.4x53.8x7.5x
Sat, 22 Apr 2023CA$88.3bCA$10.7bCA$1.9b45.3x46.8x8.2x
Mon, 20 Mar 2023CA$84.0bCA$10.9bCA$1.9b33.5x43.8x7.7x
Wed, 15 Feb 2023CA$81.6bCA$10.6bCA$1.9b32.5x42.1x7.7x
Fri, 13 Jan 2023CA$78.0bCA$10.6bCA$1.4b39.4x56.3x7.4x
Sun, 11 Dec 2022CA$78.6bCA$10.8bCA$1.4b39.1x55.6x7.3x
Tue, 08 Nov 2022CA$71.0bCA$10.7bCA$1.4b36.7x50.7x6.7x
Thu, 06 Oct 2022CA$73.4bCA$10.7bCA$726.1m55.9x101.2x6.8x
Sat, 03 Sep 2022CA$79.3bCA$14.4bCA$888.6m35.5x89.2x5.5x
Mon, 01 Aug 2022CA$79.9bCA$13.9bCA$2.3b28.8x34.8x5.8x
Wed, 29 Jun 2022CA$74.5bCA$13.9bCA$2.3b24x32.2x5.4x
Fri, 27 May 2022CA$67.5bCA$13.9bCA$2.3b22.1x29.2x4.9x
Sun, 24 Apr 2022CA$72.1bCA$13.5bCA$7.4b15x9.7x5.3x
Tue, 22 Mar 2022CA$75.7bCA$13.5bCA$7.3b18.6x10.4x5.6x
Thu, 17 Feb 2022CA$73.8bCA$13.5bCA$7.4b21x10x5.5x
Sat, 15 Jan 2022CA$77.6bCA$13.3bCA$8.3b20x9.4x5.8x
Mon, 13 Dec 2021CA$85.9bCA$13.4bCA$8.4b21.6x10.3x6.4x
Wed, 10 Nov 2021CA$84.6bCA$13.1bCA$8.2b20.5x10.3x6.4x
Fri, 08 Oct 2021CA$80.8bCA$13.0bCA$8.9b19.1x9.1x6.2x
Sun, 05 Sep 2021CA$84.0bCA$12.9bCA$8.7b15.9x9.6x6.5x
Tue, 03 Aug 2021CA$75.3bCA$12.9bCA$8.7b15.7x8.6x5.8x
Fri, 07 May 2021CA$65.9bCA$12.9bCA$7.7b23.7x8.5x5.1x
Price to Earnings Ratio

8.2x


Total Market Cap: CA$63.3bTotal Earnings: CA$7.8bTotal Revenue: CA$12.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Professional Services Industry Price to Earnings3Y Average 33.1x202220232024
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 27.2x which is lower than its 3-year average PE of 33.1x.
  • The 3-year average PS ratio of 6.7x is lower than the industry's current PS ratio of 10.3x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have declined 23% per year over the last three years,
  • Revenues have also declined 10% 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 Market0.45%
Industrials0.20%
Professional Services0.74%
Research and Consulting Services0.75%
HR Services-1.43%
Industry PE
  • Investors are most optimistic about the Research and Consulting Services industry even though it's trading below its 3-year average PE ratio of 32.7x.
    • Analysts are expecting annual earnings decline of 10.7%, which is lower than the prior year's growth of 90.3% per year.
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 11% 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 90% per year.
  • In contrast, the Research and Consulting Services industry is expected to see its earnings decline by 11% 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$213.150.8%
+CA$728.9m
20.3%PE26.9x
WAGR Champion Gaming GroupCA$0.0620.0%
+CA$766.2k
-40.0%PS5.1x
MYID ReklaimCA$0.134.0%
+CA$616.2k
333.3%PS4.4x
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Latest News

RIWI

CA$0.72

RIWI

7D

-6.5%

1Y

53.2%

TRI

CA$213.15

Thomson Reuters

7D

0.8%

1Y

20.3%

CWL

CA$0.69

Caldwell Partners International

7D

-1.4%

1Y

-54.0%

FARM

CA$0.14

Deveron

7D

-12.9%

1Y

-61.4%

FTEC

CA$0.035

Fintech Select

7D

-30.0%

1Y

40.0%

MYID

CA$0.13

Reklaim

7D

4.0%

1Y

333.3%