Narrative Update • Jun 26
Have your own idea? Try our Stock Screener
German (DAX) Commercial Services Industry Analysis
UpdatedJul 04, 2026
DataAggregated Company Financials
Companies17
- 7D6.3%
- 3M-7.6%
- 1Y-1.4%
- YTD-13.9%
Over the last 7 days, the Commercial Services industry has risen 6.3%, driven by gains from Bilfinger of 7.4%. During this same period, the learnd underperformed, falling 6.5%. The industry has been flat over the past 12 months despite the gain this week. 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 |
|---|---|---|---|---|---|---|
| Sat, 04 Jul 2026 | €5.6b | €9.0b | €191.8m | 13.2x | 29x | 0.6x |
| Mon, 01 Jun 2026 | €5.8b | €9.0b | €191.8m | 14.9x | 30.4x | 0.6x |
| Wed, 29 Apr 2026 | €6.0b | €9.1b | €202.2m | 14.6x | 29.8x | 0.7x |
| Fri, 27 Mar 2026 | €6.0b | €9.1b | €258.7m | 13x | 23.1x | 0.7x |
| Sun, 22 Feb 2026 | €7.1b | €9.1b | €275.2m | 14.1x | 25.8x | 0.8x |
| Tue, 20 Jan 2026 | €6.8b | €9.1b | €275.2m | 14.7x | 24.6x | 0.7x |
| Thu, 18 Dec 2025 | €6.2b | €9.4b | €275.4m | 13.1x | 22.6x | 0.7x |
| Sat, 15 Nov 2025 | €5.9b | €9.3b | €275.1m | 12.9x | 21.6x | 0.6x |
| Mon, 13 Oct 2025 | €6.3b | €9.3b | €267.1m | 17.1x | 23.6x | 0.7x |
| Wed, 10 Sep 2025 | €5.8b | €9.3b | €266.4m | 16.9x | 21.7x | 0.6x |
| Fri, 08 Aug 2025 | €5.9b | €9.2b | €271.9m | 19.4x | 21.7x | 0.6x |
| Sun, 06 Jul 2025 | €5.6b | €9.3b | €265.9m | 17.9x | 21.1x | 0.6x |
| Tue, 03 Jun 2025 | €5.4b | €9.3b | €265.5m | 17.3x | 20.5x | 0.6x |
| Thu, 01 May 2025 | €5.3b | €9.0b | €253.0m | 15.7x | 20.9x | 0.6x |
| Sat, 29 Mar 2025 | €5.1b | €9.1b | €262.8m | 14.9x | 19.4x | 0.6x |
| Mon, 24 Feb 2025 | €4.4b | €8.9b | €359.2m | 13.6x | 12.1x | 0.5x |
| Wed, 22 Jan 2025 | €4.0b | €8.9b | €359.2m | 13.8x | 11.2x | 0.5x |
| Fri, 20 Dec 2024 | €4.0b | €8.9b | €359.2m | 12.8x | 11.1x | 0.4x |
| Sun, 17 Nov 2024 | €3.9b | €8.9b | €357.1m | 12.5x | 11.1x | 0.4x |
| Tue, 15 Oct 2024 | €4.6b | €8.8b | €346.7m | 17.8x | 13.1x | 0.5x |
| Thu, 12 Sep 2024 | €4.3b | €8.7b | €346.9m | 16x | 12.3x | 0.5x |
| Sat, 10 Aug 2024 | €4.5b | €8.6b | €320.8m | 11x | 14x | 0.5x |
| Mon, 08 Jul 2024 | €4.9b | €8.6b | €323.7m | 11.8x | 15.2x | 0.6x |
| Wed, 05 Jun 2024 | €5.0b | €8.6b | €315.8m | 12.9x | 15.9x | 0.6x |
| Fri, 03 May 2024 | €4.6b | €8.5b | €301.2m | 14.6x | 15.3x | 0.5x |
| Sun, 31 Mar 2024 | €5.1b | €8.6b | €313.3m | 16.9x | 16.3x | 0.6x |
| Tue, 27 Feb 2024 | €5.0b | €8.7b | €326.2m | 16.3x | 15.3x | 0.6x |
| Thu, 25 Jan 2024 | €5.1b | €8.7b | €215.9m | 17.7x | 23.4x | 0.6x |
| Sat, 23 Dec 2023 | €4.9b | €8.7b | €216.3m | 19.5x | 22.9x | 0.6x |
| Mon, 20 Nov 2023 | €4.9b | €8.7b | €216.2m | 19.6x | 22.6x | 0.6x |
| Wed, 18 Oct 2023 | €4.6b | €8.7b | €235.4m | 17.4x | 19.5x | 0.5x |
| Fri, 15 Sep 2023 | €4.8b | €8.7b | €236.0m | 18.2x | 20.2x | 0.5x |
| Sun, 13 Aug 2023 | €4.8b | €8.7b | €242.3m | 20.1x | 19.9x | 0.6x |
| Tue, 11 Jul 2023 | €5.0b | €8.7b | €258.4m | 20.6x | 19.4x | 0.6x |
Price to Earnings Ratio
19.4x
Current Industry PE
- Investors are optimistic on the German Commercial Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 29.0x which is higher than its 3-year average PE of 19.5x.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have declined 9.5% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the German Industrials industry?
| DE Market | 3.76% | |
| Industrials | 6.95% | |
| Commercial Services | 6.34% | |
| Security and Alarm Services | 25.00% | |
| Diversified Support Services | 6.51% | |
| Environmental and Facilities Services | 6.40% | |
| Office Services and Supplies | 3.09% | |
Industry PE
- Investors are most optimistic about the Environmental and Facilities Services industry even though it's trading below its 3-year average PE ratio of 22.2x.
- Analysts are expecting annual earnings growth of 12.4%, which is lower than the prior year's growth of 37.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Office Services and Supplies industry, expecting annual earnings growth of 108% over the next 5 years.
- This is better than its past earnings growth rate of 42% per year.
- In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| GBF Bilfinger | €88.35 | 7.4% +€225.3m | 5.2% | PE18x | |
| BFSA Befesa | €31.65 | 6.2% +€74.0m | 12.2% | PE15.3x | |
| CWC CEWE Stiftung KGaA | €94.20 | 2.8% +€17.5m | -5.1% | PE11x | |
| ABA ALBA | €7.50 | 17.2% +€10.8m | 9.5% | n/a | |
| TTK TAKKT | €2.34 | 3.3% +€4.8m | -64.1% | PS0.2x |
