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Jun 29
German (DAX) Commercial Services Industry Analysis
UpdatedJun 29, 2024
DataAggregated Company Financials
Companies14
- 7D1.0%
- 3M1.7%
- 1Y2.2%
- YTD4.8%
Over the last 7 days, the Commercial Services industry has dropped 1.1%, driven by Befesa declining 3.5%. Over the past 12 months, the industry was up 4.7%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 29 Jun 2024 | €4.9b | €8.6b | €323.3m | 11.8x | 15.1x | 0.6x |
| Mon, 27 May 2024 | €5.0b | €8.4b | €324.9m | 11.6x | 15.5x | 0.6x |
| Wed, 24 Apr 2024 | €5.0b | €8.6b | €313.5m | 17.2x | 16x | 0.6x |
| Fri, 22 Mar 2024 | €5.0b | €8.7b | €336.9m | 16.7x | 15x | 0.6x |
| Sun, 18 Feb 2024 | €5.2b | €8.7b | €326.2m | 16.3x | 15.8x | 0.6x |
| Tue, 16 Jan 2024 | €5.0b | €8.7b | €215.9m | 18.6x | 22.9x | 0.6x |
| Thu, 14 Dec 2023 | €4.8b | €8.7b | €216.3m | 19.1x | 22.1x | 0.5x |
| Sat, 11 Nov 2023 | €4.7b | €8.7b | €200.7m | 21.8x | 23.2x | 0.5x |
| Mon, 09 Oct 2023 | €4.6b | €8.7b | €235.4m | 17.4x | 19.7x | 0.5x |
| Wed, 06 Sep 2023 | €4.8b | €8.7b | €236.0m | 18.9x | 20.5x | 0.6x |
| Fri, 04 Aug 2023 | €4.9b | €8.7b | €242.5m | 20.3x | 20.2x | 0.6x |
| Sun, 02 Jul 2023 | €5.1b | €8.7b | €258.4m | 20.4x | 19.7x | 0.6x |
| Tue, 30 May 2023 | €5.1b | €8.7b | €258.2m | 21.7x | 19.8x | 0.6x |
| Thu, 27 Apr 2023 | €5.3b | €8.6b | €261.7m | 15x | 20.2x | 0.6x |
| Sat, 25 Mar 2023 | €5.4b | €8.5b | €263.0m | 14.8x | 20.6x | 0.6x |
| Mon, 20 Feb 2023 | €5.9b | €8.3b | €350.1m | 14.4x | 16.8x | 0.7x |
| Wed, 18 Jan 2023 | €4.5b | €6.9b | €288.1m | 13.6x | 15.7x | 0.7x |
| Fri, 16 Dec 2022 | €3.8b | €6.9b | €288.1m | 12.6x | 13.4x | 0.6x |
| Sun, 13 Nov 2022 | €3.9b | €6.8b | €305.2m | 11.8x | 12.7x | 0.6x |
| Tue, 11 Oct 2022 | €3.3b | €6.7b | €283.9m | 10.1x | 11.7x | 0.5x |
| Thu, 08 Sep 2022 | €3.7b | €6.7b | €276.6m | 11.3x | 13.4x | 0.6x |
| Sat, 06 Aug 2022 | €4.3b | €6.5b | €268.1m | 15.6x | 15.9x | 0.7x |
| Mon, 04 Jul 2022 | €4.2b | €6.3b | €266.0m | 15.4x | 15.7x | 0.7x |
| Wed, 01 Jun 2022 | €4.9b | €6.3b | €266.0m | 19.3x | 18.4x | 0.8x |
| Fri, 29 Apr 2022 | €5.3b | €6.1b | €257.7m | 23.7x | 20.5x | 0.9x |
| Sun, 27 Mar 2022 | €5.8b | €6.0b | €239.9m | 16.9x | 24.2x | 1x |
| Tue, 22 Feb 2022 | €5.4b | €6.0b | €239.8m | 16.4x | 22.4x | 0.9x |
| Thu, 20 Jan 2022 | €5.4b | €5.9b | €384.2m | 17.8x | 14.2x | 0.9x |
| Sat, 18 Dec 2021 | €5.4b | €5.9b | €384.2m | 21.1x | 14x | 0.9x |
| Mon, 15 Nov 2021 | €5.4b | €5.9b | €388.4m | 21.7x | 14x | 0.9x |
| Wed, 13 Oct 2021 | €5.4b | €5.7b | €326.3m | 22.8x | 16.6x | 0.9x |
| Fri, 10 Sep 2021 | €5.8b | €5.7b | €306.6m | 22.7x | 18.9x | 1x |
| Sun, 08 Aug 2021 | €5.7b | €5.7b | €311.6m | 17.8x | 18.2x | 1x |
Price to Earnings Ratio
17.5x
Current Industry PE
- Investors are pessimistic on the German Commercial Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 15.1x which is lower than its 3-year average PE of 17.7x.
- The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 15% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the German Industrials industry?
| DE Market | 0.76% | |
| Industrials | 1.12% | |
| Commercial Services | 0.98% | |
| Environmental and Facilities Services | 4.20% | |
| Office Services and Supplies | 1.46% | |
| Commercial Printing | 0% | |
| Diversified Support Services | -0.76% | |
| Security and Alarm Services | -10.91% | |
Industry PE
- Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 9.5x.
- Analysts are expecting annual earnings growth of 37.6%, which is lower than the prior year's growth of 168.6% per year.
- Investors are most pessimistic about the Diversified Support Services industry, which is trading below its 3-year average of 15.2x.
Forecasted Growth
- Analysts are most optimistic on the Office Services and Supplies industry, expecting annual earnings growth of 38% over the next 5 years.
- However this is lower than its past earnings growth rate of 169% per year.
- In contrast, the Diversified Support Services industry is expected to see its earnings grow by 4.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BFSA Befesa | €31.06 | 5.9% +€68.8m | -11.3% | PE23.8x | |
| TTK TAKKT | €11.92 | 2.1% +€15.5m | -14.4% | PE50.2x |
