Narrative Update • Jun 18

The Commercial Services industry is up 2.5% in the last week, with Bilfinger up 8.3%. Meanwhile, Befesa actually underperformed within the industry, shrinking 6.6% in the last week. In the last 12 months, the industry was up 7.1%. Earnings are forecast to grow by 17% annually.
Has the German Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Jun 2026 | €5.6b | €9.0b | €191.8m | 13.6x | 29x | 0.6x |
| Wed, 20 May 2026 | €5.7b | €9.0b | €189.5m | 14.2x | 30.3x | 0.6x |
| Fri, 17 Apr 2026 | €6.5b | €9.1b | €200.5m | 17.2x | 32.2x | 0.7x |
| Sun, 15 Mar 2026 | €5.9b | €9.1b | €258.7m | 13.6x | 22.9x | 0.6x |
| Tue, 10 Feb 2026 | €7.3b | €9.1b | €275.2m | 14.9x | 26.4x | 0.8x |
| Thu, 08 Jan 2026 | €6.8b | €9.1b | €275.2m | 13.5x | 24.5x | 0.7x |
| Sat, 06 Dec 2025 | €6.1b | €9.4b | €275.5m | 12.9x | 22x | 0.6x |
| Mon, 03 Nov 2025 | €5.9b | €9.3b | €276.6m | 13.3x | 21.3x | 0.6x |
| Wed, 01 Oct 2025 | €5.9b | €9.3b | €267.1m | 16.3x | 22.2x | 0.6x |
| Fri, 29 Aug 2025 | €5.7b | €9.3b | €268.1m | 16.7x | 21.1x | 0.6x |
| Sun, 27 Jul 2025 | €5.8b | €9.3b | €265.6m | 18.2x | 22x | 0.6x |
| Tue, 24 Jun 2025 | €5.1b | €9.3b | €265.5m | 15.8x | 19.2x | 0.6x |
| Thu, 22 May 2025 | €5.4b | €9.3b | €264.2m | 16.7x | 20.4x | 0.6x |
| Sat, 19 Apr 2025 | €4.9b | €9.1b | €258.6m | 14.3x | 19.1x | 0.5x |
| Mon, 17 Mar 2025 | €5.1b | €9.1b | €301.8m | 15.3x | 16.8x | 0.6x |
| Wed, 12 Feb 2025 | €4.2b | €8.9b | €359.2m | 13.9x | 11.7x | 0.5x |
| Fri, 10 Jan 2025 | €4.0b | €8.9b | €359.2m | 12.7x | 11.1x | 0.4x |
| Sun, 08 Dec 2024 | €4.0b | €8.9b | €359.2m | 13.5x | 11.2x | 0.5x |
| Tue, 05 Nov 2024 | €4.0b | €8.7b | €339.1m | 13x | 11.8x | 0.5x |
| Thu, 03 Oct 2024 | €4.5b | €8.8b | €346.7m | 17.8x | 13x | 0.5x |
| Sat, 31 Aug 2024 | €4.5b | €8.7b | €346.9m | 18x | 13.1x | 0.5x |
| Mon, 29 Jul 2024 | €4.7b | €8.6b | €329.2m | 11x | 14.2x | 0.5x |
| Wed, 26 Jun 2024 | €4.9b | €8.6b | €323.3m | 11.8x | 15.1x | 0.6x |
| Fri, 24 May 2024 | €5.0b | €8.6b | €320.6m | 11.5x | 15.7x | 0.6x |
| Sun, 21 Apr 2024 | €5.0b | €8.6b | €313.5m | 17.2x | 16x | 0.6x |
| Tue, 19 Mar 2024 | €5.1b | €8.7b | €325.4m | 16.4x | 15.6x | 0.6x |
| Thu, 15 Feb 2024 | €5.1b | €8.7b | €215.9m | 16.4x | 23.4x | 0.6x |
| Sat, 13 Jan 2024 | €5.0b | €8.7b | €215.9m | 19.1x | 23.2x | 0.6x |
| Mon, 11 Dec 2023 | €4.9b | €8.7b | €216.3m | 19.2x | 22.5x | 0.6x |
| Wed, 08 Nov 2023 | €4.5b | €8.7b | €200.6m | 20.8x | 22.3x | 0.5x |
| Fri, 06 Oct 2023 | €4.5b | €8.7b | €235.1m | 17x | 19x | 0.5x |
| Sun, 03 Sep 2023 | €4.8b | €8.7b | €236.0m | 18.8x | 20.3x | 0.6x |
| Tue, 01 Aug 2023 | €4.9b | €8.7b | €242.5m | 20.7x | 20.4x | 0.6x |
| Thu, 29 Jun 2023 | €4.8b | €8.7b | €258.4m | 19.8x | 18.7x | 0.6x |
18.7x
Which industries have driven the changes within the German Industrials industry?
| DE Market | 0.64% | |
| Industrials | 3.77% | |
| Commercial Services | 2.53% | |
| Security and Alarm Services | 100.00% | |
| Diversified Support Services | 6.24% | |
| Office Services and Supplies | 2.29% | |
| Environmental and Facilities Services | -6.17% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GBF Bilfinger | €86.20 | 8.3% +€243.8m | 14.4% | PE17.6x | |
| TTK TAKKT | €2.36 | 2.6% +€3.8m | -63.0% | PS0.2x | |
| FPH Francotyp-Postalia Holding | €2.65 | 3.5% +€1.4m | n/a | PE6.5x | |
| EO8 Gomero Group | €1.16 | 7.9% +€335.1k | -38.6% | PS0.9x | |
| TH51 Teleservice | €1.09 | 10.1% +€140.5k | -80.2% | n/a |