Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

German (DAX) Commercial Services Industry Analysis

UpdatedApr 10, 2026
DataAggregated Company Financials
Companies17
  • 7D5.9%
  • 3M-5.9%
  • 1Y35.8%
  • YTD-1.3%

Over the last 7 days, the Commercial Services industry has risen 6.4%, driven by gains from Bilfinger of 7.8%. This means that the industry has gained 41% over the past year. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the German Commercial Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 10 Apr 2026€6.4b€9.1b€200.5m16.3x31.8x0.7x
Sun, 08 Mar 2026€6.2b€9.1b€258.7m14.3x24.1x0.7x
Tue, 03 Feb 2026€7.0b€9.1b€275.2m14.4x25.3x0.8x
Thu, 01 Jan 2026€6.4b€9.1b€275.2m13.1x23.2x0.7x
Sat, 29 Nov 2025€6.1b€9.4b€275.4m12.7x22.2x0.7x
Mon, 27 Oct 2025€6.2b€9.3b€267.1m17x23x0.7x
Wed, 24 Sep 2025€6.0b€9.3b€263.4m17.7x22.7x0.6x
Fri, 22 Aug 2025€5.7b€9.3b€268.1m16.9x21.3x0.6x
Sun, 20 Jul 2025€6.0b€9.3b€265.6m18.8x22.5x0.6x
Tue, 17 Jun 2025€5.3b€9.3b€265.5m16.8x19.8x0.6x
Thu, 15 May 2025€5.3b€9.1b€256.5m16.9x20.7x0.6x
Sat, 12 Apr 2025€4.6b€9.1b€258.6m13.7x17.6x0.5x
Mon, 10 Mar 2025€4.9b€9.1b€301.8m15.4x16.4x0.5x
Wed, 05 Feb 2025€4.1b€8.9b€359.2m13.8x11.5x0.5x
Fri, 03 Jan 2025€4.0b€8.9b€359.2m13.3x11.2x0.5x
Sun, 01 Dec 2024€3.9b€8.9b€359.2m12.5x10.8x0.4x
Tue, 29 Oct 2024€4.2b€8.8b€347.3m15.9x12x0.5x
Thu, 26 Sep 2024€4.4b€8.7b€346.9m16.5x12.8x0.5x
Sat, 24 Aug 2024€4.5b€8.7b€347.4m15.6x13.1x0.5x
Mon, 22 Jul 2024€4.9b€8.6b€323.7m10.9x15.2x0.6x
Wed, 19 Jun 2024€4.9b€8.6b€323.3m12.2x15.1x0.6x
Fri, 17 May 2024€5.0b€8.5b€302.8m11.3x16.6x0.6x
Sun, 14 Apr 2024€5.2b€8.6b€313.3m15.6x16.5x0.6x
Tue, 12 Mar 2024€5.1b€8.7b€325.4m16.1x15.5x0.6x
Thu, 08 Feb 2024€4.9b€8.7b€215.9m18.1x22.7x0.6x
Sat, 06 Jan 2024€4.9b€8.7b€216.2m18.6x22.7x0.6x
Mon, 04 Dec 2023€4.9b€8.7b€216.3m19.7x22.5x0.6x
Wed, 01 Nov 2023€4.5b€8.7b€200.5m21.2x22.3x0.5x
Fri, 29 Sep 2023€4.4b€8.7b€236.0m17.1x18.7x0.5x
Sun, 27 Aug 2023€4.6b€8.7b€234.9m20.5x19.5x0.5x
Tue, 25 Jul 2023€5.0b€8.7b€258.4m20.9x19.3x0.6x
Thu, 22 Jun 2023€4.8b€8.7b€258.4m20.2x18.6x0.6x
Sat, 20 May 2023€5.4b€8.7b€259.2m16.8x20.7x0.6x
Mon, 17 Apr 2023€5.5b€8.5b€260.6m15.2x21.3x0.6x
Price to Earnings Ratio

21.3x


Total Market Cap: €5.5bTotal Earnings: €260.6mTotal Revenue: €8.5bTotal Market Cap vs Earnings and Revenue0%0%0%
German Commercial Services Industry Price to Earnings3Y Average 18.7x202420252026
Current Industry PE
  • Investors are optimistic on the German Commercial Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 32.2x which is higher than its 3-year average PE of 18.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
  • The earnings for companies in the Commercial Services industry have declined 8.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.2% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the German Industrials industry?

DE Market2.60%
Industrials5.33%
Commercial Services5.89%
Environmental and Facilities Services9.93%
Diversified Support Services5.26%
Office Services and Supplies-3.99%
Security and Alarm Services-46.08%
Industry PE
  • Investors are most optimistic about the Diversified Support Services industry which is trading above its 3-year average PE ratio of 16.4x.
    • Analysts are expecting annual earnings growth of 14.3%, which is higher than its past year's earnings decline of 2.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Office Services and Supplies industry, expecting annual earnings growth of 104% over the next 5 years.
  • This is better than its past earnings decline of 6.4% per year.
  • In contrast, the Diversified Support Services industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
GBF Bilfinger€108.906.0%
+€229.0m		73.7%PE22.9x
BFSA Befesa€32.8511.0%
+€130.0m		41.4%PE16.3x
CWC CEWE Stiftung KGaA€92.100.9%
+€5.4m		-5.0%PE10.7x
TGT 11880 Solutions€0.5710.6%
+€1.4m		-9.4%PS0.3x
EO8 Gomero Group€1.292.4%
+€118.3k		-26.7%PE29.4x

Latest News

GBF
€108.90
Bilfinger
7D
6.0%
1Y
73.7%

GBF: Long Term Assumptions And Dividend Outlook Will Support A More Confident Future

Analysts have raised their price target on Bilfinger by €10 to reflect updated assumptions around discount rates, long term growth and earnings multiples, while keeping the fair value estimate unchanged at €122.5. Analyst Commentary Bullish Takeaways Bullish analysts view the €10 price target uplift as a reflection of greater confidence in Bilfinger’s ability to support current assumptions on long term growth, without requiring a higher fair value than €122.5. The revised discount rate inputs are seen by bullish analysts as better aligned with Bilfinger’s perceived risk profile, which they argue supports the updated target while keeping the valuation framework consistent. Optimistic views focus on earnings multiples that are considered in line with peers, which bullish analysts see as reasonable for the company’s current execution assumptions.
TTK
€2.46
TAKKT
7D
-6.3%
1Y
-66.3%
EO8
€1.29
Gomero Group
7D
2.4%
1Y
-26.7%
WAH
€4.19
Wolftank Group
7D
-2.6%
1Y
-42.6%
BFSA
€32.85
Befesa
7D
11.0%
1Y
41.4%

BFSA: Higher Revenue And Margin Assumptions Will Support Future Re Rating Potential

Analysts have maintained Befesa's fair value estimate at €33.00, while recent price target increases from Deutsche Bank, Berenberg and Citi indicate slightly stronger confidence, supported by modestly higher revenue growth, profit margin and future P/E assumptions in updated models. Analyst Commentary Recent research updates have lifted formal price targets into a €36 to €40 range, but the tone around the shares is not uniformly upbeat.
CWC
€92.10
CEWE Stiftung KGaA
7D
0.9%
1Y
-5.0%
TGT
€0.57
11880 Solutions
7D
10.6%
1Y
-9.4%

Some 11880 Solutions AG (ETR:TGT) Shareholders Look For Exit As Shares Take 36% Pounding

Feb 08
Some 11880 Solutions AG (ETR:TGT) Shareholders Look For Exit As Shares Take 36% Pounding
LRND
€2.64
learnd
7D
-2.9%
1Y
-52.0%

Revenues Tell The Story For learnd SE (FRA:LRND) As Its Stock Soars 173%

Feb 05
Revenues Tell The Story For learnd SE (FRA:LRND) As Its Stock Soars 173%
TUR
€2.02
Turbon
7D
-4.7%
1Y
-26.3%

Turbon AG's (FRA:TUR) Shares Climb 35% But Its Business Is Yet to Catch Up

Oct 28
Turbon AG's (FRA:TUR) Shares Climb 35% But Its Business Is Yet to Catch Up
75S
€0.005
sdm
7D
-99.4%
1Y
-99.6%

sdm (FRA:75S) Might Have The Makings Of A Multi-Bagger

Oct 28
sdm (FRA:75S) Might Have The Makings Of A Multi-Bagger