Is Befesa S.A. (ETR:BFSA) Potentially Undervalued?
Apr 16
German (DAX) Commercial Services Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies15
- 7D-1.8%
- 3M3.1%
- 1Y-7.5%
- YTD2.3%
Over the last 7 days, the Commercial Services industry has dropped 1.8%, driven by Befesa declining 4.4%. The industry has fallen 7.5% in the last year. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the German Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | €5.1b | €8.6b | €313.5m | 16x | 16.2x | 0.6x |
| Sun, 17 Mar 2024 | €5.0b | €8.7b | €325.4m | 15.8x | 15.5x | 0.6x |
| Tue, 13 Feb 2024 | €4.9b | €8.7b | €215.9m | 16.3x | 22.7x | 0.6x |
| Thu, 11 Jan 2024 | €4.9b | €8.7b | €215.9m | 18.6x | 22.7x | 0.6x |
| Sat, 09 Dec 2023 | €4.9b | €8.7b | €216.3m | 19.2x | 22.5x | 0.6x |
| Mon, 06 Nov 2023 | €4.5b | €8.7b | €200.5m | 21x | 22.5x | 0.5x |
| Wed, 04 Oct 2023 | €4.5b | €8.7b | €235.1m | 17x | 19.1x | 0.5x |
| Fri, 01 Sep 2023 | €4.8b | €8.7b | €234.9m | 19.8x | 20.4x | 0.6x |
| Sun, 30 Jul 2023 | €4.9b | €8.7b | €242.5m | 20.6x | 20.3x | 0.6x |
| Tue, 27 Jun 2023 | €4.8b | €8.7b | €258.4m | 20.3x | 18.5x | 0.5x |
| Thu, 25 May 2023 | €5.2b | €8.7b | €261.2m | 16.9x | 19.9x | 0.6x |
| Sat, 22 Apr 2023 | €5.4b | €8.6b | €261.6m | 15.5x | 20.7x | 0.6x |
| Mon, 20 Mar 2023 | €5.5b | €8.5b | €282.2m | 14.3x | 19.6x | 0.7x |
| Wed, 15 Feb 2023 | €5.6b | €8.3b | €350.1m | 14x | 16.1x | 0.7x |
| Fri, 13 Jan 2023 | €4.3b | €6.9b | €288.1m | 13.4x | 14.9x | 0.6x |
| Sun, 11 Dec 2022 | €3.9b | €6.9b | €288.1m | 12.6x | 13.4x | 0.6x |
| Tue, 08 Nov 2022 | €3.7b | €6.8b | €305.2m | 11x | 12x | 0.5x |
| Thu, 06 Oct 2022 | €3.4b | €6.7b | €282.9m | 10.3x | 11.9x | 0.5x |
| Sat, 03 Sep 2022 | €3.9b | €6.7b | €277.3m | 11.9x | 14x | 0.6x |
| Mon, 01 Aug 2022 | €4.2b | €6.5b | €268.1m | 15.3x | 15.5x | 0.6x |
| Wed, 29 Jun 2022 | €4.3b | €6.3b | €266.0m | 16.2x | 16.2x | 0.7x |
| Fri, 27 May 2022 | €4.6b | €6.3b | €261.6m | 24.1x | 17.8x | 0.7x |
| Sun, 24 Apr 2022 | €5.8b | €6.1b | €257.7m | 27.5x | 22.3x | 0.9x |
| Tue, 22 Mar 2022 | €5.7b | €6.0b | €239.9m | 17.1x | 23.7x | 1x |
| Thu, 17 Feb 2022 | €5.6b | €6.0b | €239.8m | 16.8x | 23.5x | 0.9x |
| Sat, 15 Jan 2022 | €5.6b | €5.9b | €384.2m | 17.9x | 14.5x | 0.9x |
| Mon, 13 Dec 2021 | €5.5b | €5.9b | €385.4m | 20.7x | 14.2x | 0.9x |
| Wed, 10 Nov 2021 | €5.6b | €5.8b | €331.4m | 21.5x | 16.8x | 1x |
| Fri, 08 Oct 2021 | €5.4b | €5.7b | €326.3m | 22.2x | 16.6x | 0.9x |
| Sun, 05 Sep 2021 | €5.8b | €5.7b | €311.6m | 17.5x | 18.8x | 1x |
| Tue, 03 Aug 2021 | €5.6b | €5.7b | €311.6m | 17.4x | 17.9x | 1x |
| Fri, 07 May 2021 | €5.1b | €5.5b | €240.1m | 14.8x | 21.3x | 0.9x |
Price to Earnings Ratio
21.3x
Current Industry PE
- Investors are pessimistic on the German Commercial 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 16.2x which is lower than its 3-year average PE of 18.1x.
- The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have grown 9.3% per year over the last three years.
- Revenues for these companies have grown 16% 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 German Industrials industry?
| DE Market | -1.54% | |
| Industrials | -0.89% | |
| Commercial Services | -1.79% | |
| Security and Alarm Services | 2.37% | |
| Office Services and Supplies | 0.41% | |
| Commercial Printing | 0% | |
| Diversified Support Services | -1.45% | |
| Environmental and Facilities Services | -3.64% | |
Industry PE
- Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 6.2x.
- Analysts are expecting annual earnings growth of 30.6%, which is higher than its past year's earnings decline of 58.6% per year.
- Investors are most pessimistic about the Diversified Support Services industry, which is trading below its 3-year average of 15.3x.
Forecasted Growth
- Analysts are most optimistic on the Office Services and Supplies industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings decline of 59% per year.
- In contrast, the Diversified Support Services industry is expected to see its earnings grow by 3.9% 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 | |
|---|---|---|---|---|---|
| ABA ALBA | €11.00 | 4.8% +€4.9m | -58.8% | PE86.9x | |
| TTK TAKKT | €12.88 | 0.2% +€1.1m | -10.8% | PE33.9x | |
| NGO Newlox Gold Ventures | €0.077 | 10.0% +€1.1m | -34.2% | PS5x | |
| TUR Turbon | €3.26 | 5.2% +€527.2k | -24.9% | PE16x | |
| 75S sdm | €3.46 | 2.4% +€304.0k | -11.7% | n/a |
