Narrative Update • Jun 02

Over the last 7 days, the Commercial Services industry has dropped 3.5%, driven by Bilfinger declining 9.2%. On the other hand learnd is actually up 18%. As for the longer term, the industry's performance has been flat for the past 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 |
|---|---|---|---|---|---|---|
| Thu, 04 Jun 2026 | €5.6b | €9.0b | €191.8m | 14.4x | 29.2x | 0.6x |
| Sat, 02 May 2026 | €6.0b | €9.1b | €204.3m | 14.4x | 29.4x | 0.7x |
| Mon, 30 Mar 2026 | €5.8b | €9.1b | €196.6m | 12.9x | 29.6x | 0.6x |
| Wed, 25 Feb 2026 | €6.9b | €9.1b | €274.9m | 14.3x | 25.2x | 0.8x |
| Fri, 23 Jan 2026 | €7.1b | €9.1b | €275.2m | 14.7x | 25.6x | 0.8x |
| Sun, 21 Dec 2025 | €6.4b | €9.4b | €275.4m | 13.1x | 23.1x | 0.7x |
| Tue, 18 Nov 2025 | €6.0b | €9.3b | €275.1m | 12.7x | 21.9x | 0.6x |
| Thu, 16 Oct 2025 | €6.2b | €9.3b | €267.1m | 17x | 23.2x | 0.7x |
| Sat, 13 Sep 2025 | €5.8b | €9.3b | €266.4m | 17x | 21.9x | 0.6x |
| Mon, 11 Aug 2025 | €5.9b | €9.2b | €271.7m | 17.2x | 21.8x | 0.6x |
| Wed, 09 Jul 2025 | €5.9b | €9.3b | €265.9m | 18.9x | 22.3x | 0.6x |
| Fri, 06 Jun 2025 | €5.4b | €9.3b | €265.5m | 17.3x | 20.5x | 0.6x |
| Sun, 04 May 2025 | €5.4b | €9.0b | €258.4m | 16x | 20.7x | 0.6x |
| Tue, 01 Apr 2025 | €5.0b | €9.1b | €258.6m | 14.8x | 19.2x | 0.5x |
| Thu, 27 Feb 2025 | €4.5b | €8.9b | €359.2m | 13.7x | 12.5x | 0.5x |
| Sat, 25 Jan 2025 | €4.1b | €8.9b | €359.2m | 14.4x | 11.4x | 0.5x |
| Mon, 23 Dec 2024 | €4.0b | €8.9b | €359.2m | 13x | 11.1x | 0.4x |
| Wed, 20 Nov 2024 | €3.9b | €8.9b | €357.1m | 12.3x | 10.9x | 0.4x |
| Fri, 18 Oct 2024 | €4.6b | €8.8b | €346.7m | 17.6x | 13.1x | 0.5x |
| Sun, 15 Sep 2024 | €4.3b | €8.7b | €346.9m | 16.2x | 12.4x | 0.5x |
| Tue, 13 Aug 2024 | €4.5b | €8.6b | €320.8m | 11x | 14.1x | 0.5x |
| Thu, 11 Jul 2024 | €4.9b | €8.6b | €323.7m | 11.3x | 15x | 0.6x |
| Sat, 08 Jun 2024 | €5.0b | €8.6b | €315.8m | 13.2x | 16x | 0.6x |
| Mon, 06 May 2024 | €4.6b | €8.5b | €300.3m | 11.7x | 15.5x | 0.5x |
| Wed, 03 Apr 2024 | €5.0b | €8.6b | €313.3m | 16.9x | 16.1x | 0.6x |
| Fri, 01 Mar 2024 | €5.0b | €8.7b | €326.2m | 16.3x | 15.2x | 0.6x |
| Sun, 28 Jan 2024 | €5.0b | €8.7b | €215.9m | 17.4x | 23x | 0.6x |
| Tue, 26 Dec 2023 | €4.9b | €8.7b | €216.3m | 19.5x | 22.9x | 0.6x |
| Thu, 23 Nov 2023 | €4.9b | €8.7b | €216.2m | 20.1x | 22.5x | 0.6x |
| Sat, 21 Oct 2023 | €4.4b | €8.7b | €235.4m | 16.8x | 18.6x | 0.5x |
| Mon, 18 Sep 2023 | €4.7b | €8.7b | €236.0m | 18.3x | 20.1x | 0.5x |
| Wed, 16 Aug 2023 | €4.8b | €8.8b | €253.6m | 20.1x | 18.8x | 0.5x |
| Fri, 14 Jul 2023 | €5.1b | €8.7b | €258.4m | 20.9x | 19.7x | 0.6x |
| Sun, 11 Jun 2023 | €5.0b | €8.7b | €258.2m | 20.7x | 19.5x | 0.6x |
19.5x
Which industries have driven the changes within the German Industrials industry?
| DE Market | -0.26% | |
| Industrials | -2.42% | |
| Commercial Services | -3.51% | |
| Security and Alarm Services | 44.44% | |
| Environmental and Facilities Services | 3.12% | |
| Office Services and Supplies | 0.82% | |
| Diversified Support Services | -6.24% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LRND learnd | €2.62 | 18.0% +€5.1m | -25.1% | PB1.4x | |
| ABA ALBA | €6.90 | 4.5% +€3.0m | -8.0% | n/a | |
| FPH Francotyp-Postalia Holding | €2.62 | 0.8% +€311.9k | n/a | PE6.4x | |
| WAH Wolftank Group | €4.13 | 0.7% +€158.4k | -38.8% | PS0.2x | |
| 75S sdm | €0.081 | 15.7% +€41.8k | -94.5% | PS0.008x |