Narrative Update • Jun 26

Over the last 7 days, the Commercial Services industry has dropped 5.9%, driven by declines in Befesa and Bilfinger of 11% and 4.7%, respectively. The industry has fallen 6.6% in the last year. As for the next few years, earnings are expected to grow by 17% per annum.
Has the German Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 30 Jun 2026 | €5.2b | €9.0b | €191.8m | 12.5x | 27.1x | 0.6x |
| Thu, 28 May 2026 | €5.9b | €9.0b | €191.8m | 14.8x | 30.5x | 0.6x |
| Sat, 25 Apr 2026 | €6.1b | €9.1b | €202.2m | 14.8x | 30.1x | 0.7x |
| Mon, 23 Mar 2026 | €5.7b | €9.1b | €258.7m | 12.9x | 22.2x | 0.6x |
| Wed, 18 Feb 2026 | €7.0b | €9.1b | €275.2m | 14.1x | 25.6x | 0.8x |
| Fri, 16 Jan 2026 | €6.9b | €9.1b | €275.2m | 14.9x | 25.1x | 0.8x |
| Sun, 14 Dec 2025 | €6.3b | €9.4b | €275.4m | 13.2x | 22.9x | 0.7x |
| Tue, 11 Nov 2025 | €5.7b | €9.3b | €276.4m | 12.6x | 20.7x | 0.6x |
| Thu, 09 Oct 2025 | €6.2b | €9.3b | €267.1m | 17x | 23.4x | 0.7x |
| Sat, 06 Sep 2025 | €5.8b | €9.3b | €266.4m | 16.8x | 21.6x | 0.6x |
| Mon, 04 Aug 2025 | €5.7b | €9.2b | €271.9m | 18.4x | 21.1x | 0.6x |
| Wed, 02 Jul 2025 | €5.5b | €9.3b | €265.9m | 17.5x | 20.7x | 0.6x |
| Fri, 30 May 2025 | €5.4b | €9.3b | €265.5m | 17.2x | 20.3x | 0.6x |
| Sun, 27 Apr 2025 | €5.1b | €9.1b | €256.0m | 15.3x | 20x | 0.6x |
| Tue, 25 Mar 2025 | €5.1b | €9.1b | €301.8m | 15x | 16.8x | 0.6x |
| Thu, 20 Feb 2025 | €4.4b | €8.9b | €359.2m | 13.6x | 12.4x | 0.5x |
| Sat, 18 Jan 2025 | €4.0b | €8.9b | €359.2m | 14.9x | 11.2x | 0.5x |
| Mon, 16 Dec 2024 | €4.1b | €8.9b | €359.2m | 13.4x | 11.4x | 0.5x |
| Wed, 13 Nov 2024 | €4.0b | €8.7b | €339.5m | 13.2x | 11.8x | 0.5x |
| Fri, 11 Oct 2024 | €4.5b | €8.8b | €346.7m | 17.9x | 13.1x | 0.5x |
| Sun, 08 Sep 2024 | €4.2b | €8.7b | €346.9m | 16x | 12.2x | 0.5x |
| Tue, 06 Aug 2024 | €4.5b | €8.6b | €329.2m | 10.8x | 13.6x | 0.5x |
| Thu, 04 Jul 2024 | €4.9b | €8.6b | €323.7m | 11.7x | 15.2x | 0.6x |
| Sat, 01 Jun 2024 | €5.0b | €8.6b | €320.6m | 12x | 15.7x | 0.6x |
| Mon, 29 Apr 2024 | €4.9b | €8.5b | €295.6m | 14.3x | 16.4x | 0.6x |
| Wed, 27 Mar 2024 | €5.1b | €8.7b | €343.1m | 16.6x | 14.9x | 0.6x |
| Fri, 23 Feb 2024 | €5.1b | €8.7b | €326.2m | 15.3x | 15.5x | 0.6x |
| Sun, 21 Jan 2024 | €4.9b | €8.7b | €215.9m | 18.6x | 22.9x | 0.6x |
| Tue, 19 Dec 2023 | €4.9b | €8.7b | €216.3m | 19.3x | 22.7x | 0.6x |
| Thu, 16 Nov 2023 | €4.9b | €8.7b | €201.9m | 22.4x | 24.3x | 0.6x |
| Sat, 14 Oct 2023 | €4.6b | €8.7b | €235.4m | 18x | 19.5x | 0.5x |
| Mon, 11 Sep 2023 | €4.7b | €8.7b | €236.0m | 18.3x | 20.1x | 0.5x |
| Wed, 09 Aug 2023 | €4.9b | €8.7b | €242.5m | 20.7x | 20.2x | 0.6x |
| Fri, 07 Jul 2023 | €5.0b | €8.7b | €258.4m | 20.7x | 19.5x | 0.6x |
19.5x
Which industries have driven the changes within the German Industrials industry?
| DE Market | -2.44% | |
| Industrials | -4.90% | |
| Commercial Services | -5.94% | |
| Office Services and Supplies | -1.99% | |
| Diversified Support Services | -4.41% | |
| Environmental and Facilities Services | -10.55% | |
| Security and Alarm Services | -16.67% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TGT 11880 Solutions | €0.51 | 10.7% +€1.3m | -21.7% | PE10.4x | |
| 75S sdm | €0.05 | 150.0% +€114.1k | -97.1% | PS0.005x | |
| LUM a.i.s | €0.16 | 3.9% +€48.0k | n/a | n/a |