Narrative Update • Jun 03

Over the last 7 days, the Commercial Services industry has dropped 6.1%, driven by Bilfinger declining 7.4%. In contrast, learnd has gained 14%. Over the last year, the industry has been flat overall. 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 |
|---|---|---|---|---|---|---|
| Sun, 07 Jun 2026 | €5.5b | €9.0b | €191.8m | 13.9x | 28.5x | 0.6x |
| Tue, 05 May 2026 | €6.0b | €9.1b | €204.3m | 14.3x | 29.3x | 0.7x |
| Thu, 02 Apr 2026 | €6.1b | €9.1b | €196.5m | 12.7x | 30.8x | 0.7x |
| Sat, 28 Feb 2026 | €7.0b | €9.1b | €274.9m | 14.8x | 25.4x | 0.8x |
| Mon, 26 Jan 2026 | €7.0b | €9.1b | €275.2m | 14.7x | 25.6x | 0.8x |
| Wed, 24 Dec 2025 | €6.4b | €9.4b | €275.5m | 13.2x | 23.1x | 0.7x |
| Fri, 21 Nov 2025 | €5.9b | €9.4b | €275.4m | 12.6x | 21.3x | 0.6x |
| Sun, 19 Oct 2025 | €6.0b | €9.3b | €267.1m | 16.8x | 22.4x | 0.6x |
| Tue, 16 Sep 2025 | €5.9b | €9.3b | €266.4m | 17.2x | 22.2x | 0.6x |
| Thu, 14 Aug 2025 | €5.9b | €9.2b | €271.7m | 17.3x | 21.6x | 0.6x |
| Sat, 12 Jul 2025 | €6.0b | €9.3b | €265.9m | 19x | 22.4x | 0.6x |
| Mon, 09 Jun 2025 | €5.4b | €9.3b | €265.5m | 17.2x | 20.4x | 0.6x |
| Wed, 07 May 2025 | €5.4b | €9.0b | €260.3m | 16x | 20.6x | 0.6x |
| Fri, 04 Apr 2025 | €4.9b | €9.1b | €258.6m | 14.5x | 19x | 0.5x |
| Sun, 02 Mar 2025 | €4.4b | €8.9b | €359.2m | 13.6x | 12.3x | 0.5x |
| Tue, 28 Jan 2025 | €4.1b | €8.9b | €359.2m | 14.2x | 11.4x | 0.5x |
| Thu, 26 Dec 2024 | €4.0b | €8.9b | €359.2m | 13.1x | 11.2x | 0.5x |
| Sat, 23 Nov 2024 | €3.9b | €8.8b | €356.4m | 12.3x | 10.9x | 0.4x |
| Mon, 21 Oct 2024 | €4.5b | €8.8b | €346.7m | 17.7x | 13.1x | 0.5x |
| Wed, 18 Sep 2024 | €4.3b | €8.7b | €346.9m | 16.2x | 12.5x | 0.5x |
| Fri, 16 Aug 2024 | €4.6b | €8.7b | €338.1m | 11x | 13.5x | 0.5x |
| Sun, 14 Jul 2024 | €4.9b | €8.6b | €323.7m | 11.2x | 15x | 0.6x |
| Tue, 11 Jun 2024 | €5.0b | €8.6b | €323.4m | 12.2x | 15.6x | 0.6x |
| Thu, 09 May 2024 | €4.7b | €8.5b | €301.1m | 11.6x | 15.7x | 0.6x |
| Sat, 06 Apr 2024 | €5.2b | €8.6b | €313.3m | 16.7x | 16.5x | 0.6x |
| Mon, 04 Mar 2024 | €5.0b | €8.7b | €325.4m | 16.5x | 15.4x | 0.6x |
| Wed, 31 Jan 2024 | €5.0b | €8.7b | €215.9m | 18.1x | 23.3x | 0.6x |
| Fri, 29 Dec 2023 | €4.9b | €8.7b | €216.3m | 19.1x | 22.8x | 0.6x |
| Sun, 26 Nov 2023 | €4.8b | €8.7b | €216.4m | 19.2x | 22.4x | 0.6x |
| Tue, 24 Oct 2023 | €4.4b | €8.7b | €235.5m | 16.7x | 18.6x | 0.5x |
| Thu, 21 Sep 2023 | €4.7b | €8.7b | €236.0m | 17.8x | 19.8x | 0.5x |
| Sat, 19 Aug 2023 | €4.6b | €8.7b | €247.3m | 19.8x | 18.7x | 0.5x |
| Mon, 17 Jul 2023 | €5.1b | €8.7b | €258.4m | 20.3x | 19.9x | 0.6x |
| Wed, 14 Jun 2023 | €5.0b | €8.7b | €258.2m | 20.6x | 19.3x | 0.6x |
19.3x
Which industries have driven the changes within the German Industrials industry?
| DE Market | -1.53% | |
| Industrials | -1.90% | |
| Commercial Services | -6.10% | |
| Office Services and Supplies | -0.054% | |
| Environmental and Facilities Services | -4.14% | |
| Diversified Support Services | -7.26% | |
| Security and Alarm Services | -25.00% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LRND learnd | €2.54 | 14.4% +€4.1m | -34.9% | PB1.4x | |
| WAH Wolftank Group | €4.44 | 5.2% +€1.2m | -42.3% | PS0.2x | |
| TGT 11880 Solutions | €0.55 | 4.8% +€655.8k | -24.3% | PE11.2x | |
| FPH Francotyp-Postalia Holding | €2.62 | 1.6% +€623.8k | n/a | PE6.4x | |
| TUR Turbon | €2.50 | 5.9% +€460.1k | 7.8% | PS0.2x |