Narrative Update • Jun 03

Over the last 7 days, the Commercial Services industry has dropped 3.0%, driven by a pullback from Befesa of 6.3%. Meanwhile, Francotyp-Postalia Holding actually outperformed within the industry, gaining 11% in the last week. 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, 11 Jun 2026 | €5.4b | €9.0b | €191.8m | 13.7x | 28x | 0.6x |
| Sat, 09 May 2026 | €6.1b | €9.0b | €184.5m | 16.6x | 33.2x | 0.7x |
| Mon, 06 Apr 2026 | €6.0b | €9.1b | €196.5m | 12.7x | 30.7x | 0.7x |
| Wed, 04 Mar 2026 | €6.5b | €9.1b | €268.8m | 14.6x | 24.1x | 0.7x |
| Fri, 30 Jan 2026 | €7.0b | €9.1b | €275.2m | 14.3x | 25.4x | 0.8x |
| Sun, 28 Dec 2025 | €6.4b | €9.4b | €275.5m | 13.2x | 23.1x | 0.7x |
| Tue, 25 Nov 2025 | €5.8b | €9.4b | €275.4m | 12.5x | 21.1x | 0.6x |
| Thu, 23 Oct 2025 | €6.0b | €9.3b | €267.1m | 16.8x | 22.6x | 0.6x |
| Sat, 20 Sep 2025 | €5.9b | €9.3b | €266.4m | 17.5x | 22.3x | 0.6x |
| Mon, 18 Aug 2025 | €5.8b | €9.3b | €269.3m | 17.2x | 21.5x | 0.6x |
| Wed, 16 Jul 2025 | €6.0b | €9.3b | €265.9m | 19.3x | 22.7x | 0.7x |
| Fri, 13 Jun 2025 | €5.3b | €9.3b | €265.5m | 16.8x | 19.9x | 0.6x |
| Sun, 11 May 2025 | €5.4b | €9.1b | €258.0m | 17.1x | 20.9x | 0.6x |
| Tue, 08 Apr 2025 | €4.4b | €9.1b | €258.6m | 14.8x | 17.2x | 0.5x |
| Thu, 06 Mar 2025 | €5.0b | €9.1b | €306.4m | 15.7x | 16.4x | 0.6x |
| Sat, 01 Feb 2025 | €4.2b | €8.9b | €359.2m | 14.1x | 11.6x | 0.5x |
| Mon, 30 Dec 2024 | €4.0b | €8.9b | €359.2m | 13.1x | 11.2x | 0.5x |
| Wed, 27 Nov 2024 | €3.9b | €8.9b | €357.8m | 12.5x | 10.8x | 0.4x |
| Fri, 25 Oct 2024 | €4.2b | €8.8b | €347.2m | 16.1x | 12.1x | 0.5x |
| Sun, 22 Sep 2024 | €4.4b | €8.7b | €346.9m | 16.4x | 12.6x | 0.5x |
| Tue, 20 Aug 2024 | €4.6b | €8.7b | €346.5m | 18x | 13.2x | 0.5x |
| Thu, 18 Jul 2024 | €4.8b | €8.6b | €323.7m | 11.1x | 14.9x | 0.6x |
| Sat, 15 Jun 2024 | €4.8b | €8.6b | €323.3m | 11.8x | 14.8x | 0.6x |
| Mon, 13 May 2024 | €4.8b | €8.5b | €300.3m | 11.7x | 15.8x | 0.6x |
| Wed, 10 Apr 2024 | €5.2b | €8.6b | €313.3m | 15.2x | 16.6x | 0.6x |
| Fri, 08 Mar 2024 | €5.0b | €8.7b | €325.4m | 16x | 15.4x | 0.6x |
| Sun, 04 Feb 2024 | €5.0b | €8.7b | €215.9m | 18.1x | 23x | 0.6x |
| Tue, 02 Jan 2024 | €5.0b | €8.7b | €216.2m | 19.3x | 23x | 0.6x |
| Thu, 30 Nov 2023 | €4.9b | €8.7b | €216.4m | 19.1x | 22.4x | 0.6x |
| Sat, 28 Oct 2023 | €4.5b | €8.7b | €200.5m | 21.2x | 22.4x | 0.5x |
| Mon, 25 Sep 2023 | €4.6b | €8.7b | €236.0m | 17.3x | 19.5x | 0.5x |
| Wed, 23 Aug 2023 | €4.6b | €8.7b | €240.3m | 21x | 19.2x | 0.5x |
| Fri, 21 Jul 2023 | €5.0b | €8.7b | €258.4m | 21.3x | 19.5x | 0.6x |
| Sun, 18 Jun 2023 | €4.9b | €8.7b | €258.4m | 20.3x | 19.1x | 0.6x |
19.1x
Which industries have driven the changes within the German Industrials industry?
| DE Market | -2.62% | |
| Industrials | -5.53% | |
| Commercial Services | -3.00% | |
| Diversified Support Services | -1.84% | |
| Office Services and Supplies | -2.80% | |
| Environmental and Facilities Services | -5.76% | |
| Security and Alarm Services | -57.14% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FPH Francotyp-Postalia Holding | €2.90 | 10.7% +€4.4m | n/a | PE7.1x | |
| WAH Wolftank Group | €4.43 | 7.3% +€1.6m | -38.9% | PS0.2x | |
| ABA ALBA | €6.80 | 1.5% +€984.0k | -12.8% | n/a | |
| TUR Turbon | €2.54 | 7.6% +€591.6k | 5.8% | PS0.2x | |
| LUM a.i.s | €0.15 | 1.3% +€16.0k | n/a | n/a |