French (CAC) Commercial Services Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 30 Jul 2026	€20.0b	€25.5b	€917.2m	15.2x	21.8x	0.8x
Sat, 27 Jun 2026	€20.9b	€25.4b	€914.6m	14.5x	22.9x	0.8x
Mon, 25 May 2026	€20.5b	€25.3b	€904.3m	14.7x	22.7x	0.8x
Wed, 22 Apr 2026	€20.2b	€25.3b	€905.6m	12.8x	22.3x	0.8x
Fri, 20 Mar 2026	€18.9b	€25.3b	€905.1m	12.4x	20.8x	0.7x
Sun, 15 Feb 2026	€20.4b	€25.0b	€1.1b	12.7x	19.4x	0.8x
Tue, 13 Jan 2026	€19.6b	€25.0b	€1.1b	12.6x	18.6x	0.8x
Thu, 11 Dec 2025	€18.4b	€25.0b	€1.1b	11.8x	17.5x	0.7x
Sat, 08 Nov 2025	€17.5b	€25.3b	€1.0b	11.3x	16.8x	0.7x
Mon, 06 Oct 2025	€18.8b	€25.3b	€1.0b	12.9x	18.4x	0.7x
Wed, 03 Sep 2025	€18.6b	€25.2b	€1.0b	14.4x	18.1x	0.7x
Fri, 01 Aug 2025	€19.9b	€24.9b	€1.1b	15.1x	17.6x	0.8x
Sun, 29 Jun 2025	€19.2b	€24.8b	€1.1b	15.5x	17.6x	0.8x
Tue, 27 May 2025	€18.9b	€24.9b	€1.0b	15.5x	18x	0.8x
Thu, 24 Apr 2025	€17.2b	€24.9b	€1.0b	13.1x	16.4x	0.7x
Sat, 22 Mar 2025	€17.3b	€24.8b	€1.0b	13.7x	16.6x	0.7x
Mon, 17 Feb 2025	€16.1b	€23.9b	€907.2m	14.4x	17.7x	0.7x
Wed, 15 Jan 2025	€14.8b	€23.7b	€904.8m	13x	16.4x	0.6x
Fri, 13 Dec 2024	€15.0b	€23.7b	€904.8m	13x	16.6x	0.6x
Sun, 10 Nov 2024	€19.3b	€24.8b	€1.1b	14.5x	18.2x	0.8x
Tue, 08 Oct 2024	€15.9b	€23.6b	€922.7m	14.5x	17.2x	0.7x
Thu, 05 Sep 2024	€17.1b	€23.6b	€943.1m	12.4x	18.1x	0.7x
Sat, 03 Aug 2024	€15.9b	€23.6b	€936.8m	12.8x	17x	0.7x
Mon, 01 Jul 2024	€15.6b	€23.0b	€972.7m	12.9x	16x	0.7x
Wed, 29 May 2024	€17.7b	€23.0b	€1.0b	15x	17.6x	0.8x
Fri, 26 Apr 2024	€16.5b	€23.0b	€1.0b	15.4x	16x	0.7x
Sun, 24 Mar 2024	€16.1b	€23.0b	€1.0b	12.8x	15.6x	0.7x
Tue, 20 Feb 2024	€15.8b	€22.6b	€953.2m	12.9x	16.6x	0.7x
Thu, 18 Jan 2024	€15.1b	€22.6b	€953.2m	13.1x	15.8x	0.7x
Sat, 16 Dec 2023	€14.7b	€22.6b	€953.3m	12.9x	15.5x	0.7x
Mon, 13 Nov 2023	€13.6b	€24.0b	€1.0b	12.6x	13.4x	0.6x
Wed, 11 Oct 2023	€14.0b	€24.1b	€990.0m	12.3x	14.1x	0.6x
Fri, 08 Sep 2023	€14.2b	€24.0b	€992.6m	13.4x	14.3x	0.6x
Sun, 06 Aug 2023	€14.5b	€24.0b	€987.9m	13.8x	14.7x	0.6x

Current Industry PE

Investors are optimistic on the French Commercial Services industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 21.8x which is higher than its 3-year average PE of 17.5x.

The industry is trading close to its 3-year average PS ratio of 0.71x.

Past Earnings Growth

The earnings for companies in the Commercial Services industry have declined 2.4% per year over the last three years.
Meanwhile revenues for these companies have grown 2.0% 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 French Industrials industry?


FR Market	-0.38%
Industrials	0.22%
Commercial Services	-0.46%
Office Services and Supplies	3.18%
Security and Alarm Services	0%	0
Commercial Printing	-0.56%
Diversified Support Services	-0.84%
Environmental and Facilities Services	-2.30%

Industry PE

Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 13.9x.

Analysts are expecting annual earnings growth of 21.4%, which is higher than its past year's earnings decline of 35.9% per year.

Investors are most pessimistic about the Environmental and Facilities Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 12.3x.

Forecasted Growth

Analysts are most optimistic on the Office Services and Supplies industry, expecting annual earnings growth of 21% over the next 5 years.
This is better than its past earnings decline of 36% 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?

Company	Last Price	7D	1Y	Valuation
BB Société BIC	€67.60	13.2% +€319.7m	26.6%	PE23.1x
GLO GL Events	€31.70	1.6% +€14.7m	4.8%	PE10.9x
DBG Derichebourg	€9.40	0.3% +€4.0m	62.5%	PE11.2x
GPE Groupe Pizzorno Environnement	€61.75	0.2% +€386.5k	-1.4%	PE10.2x
AURE Aurea	€5.72	0.7% +€374.1k	-4.7%	PS0.2x

Paprec France SA completed the acquisition of an additional 30.64% stake in Groupe Pizzorno Environnement (ENXTPA:GPE).

Paprec France SA entered into agreement to acquire an additional 30.64% stake in Groupe Pizzorno Environnement (ENXTPA:GPE) for €76.6 million on February 9, 2026. A cash consideration of €76.6 million valued at €62.5 per share will be paid by Paprec France SA. As part of consideration, €76.6 million is paid towards common equity of Groupe Pizzorno Environnement. Upon completion, Paprec France SA will own 50.64% stake in Groupe Pizzorno Environnement. The transaction is subject to subject to antitrust regulations. Paprec France SA completed the acquisition of an additional 30.64% stake in Groupe Pizzorno Environnement (ENXTPA:GPE) on June 9, 2026. The transaction received approval from French Competition Authority on June 4, 2026. Acting in concert with Paprec, the Pizzorno-Devalle family retains a direct stake of 21.18% of the share capital and 30% of the voting rights, thereby becoming the Company’s second-largest shareholder and remaining fully committed alongside Paprec. As a result of the completion of Paprec’s acquisition and the entry into force of the new shareholders’ agreement, the composition of PIZZORNO Environnement’s Board of Directors has been amended as follows: The Board now includes six members appointed upon Paprec’s proposal, two representatives of the Pizzorno-Devalle family (currently Magali Devalle and Frédéric Devalle), two independent directors (Reynald Gorini and Chatti-Gautier), and one employee representative director. Magali Devalle has stepped down as Chairwoman of the Board and has been appointed Vice-Chairwoman, while Frédéric Devalle remains Chief Executive Officer. The Pizzorno-Devalle family will retain these positions as long as it holds at least 7.5% of PIZZORNO Environnement’s share capital or voting rights. It is specified that a Deputy Chief Executive Officer will be appointed at a later date upon Paprec’s proposal. With the agreement of the Pizzorno-Devalle family, Mathieu Petithuguenin was appointed Chairman of the Board of Directors of PIZZORNO Environnement on June 9, 2026. In accordance with applicable regulations, Paprec will shortly file with the French Financial Markets Authority (Autorité des marchés financiers) a mandatory simplified tender offer for all PIZZORNO Environnement shares not already held, directly or indirectly, by Paprec or the concert parties. The offer price will be €62.5 per share.

French (CAC) Commercial Services Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Spie Sa Announces Interim Cash Dividend, Payable on September 15, 2026

Elis Reports Record Contract Wins and Completes €500 Million Buyback in H1 2026 Results

First half 2026 earnings released: EPS: €1.83 (vs €1.69 in 1H 2025)

Less than half of directors are independent

DBG: Upcoming Share Cancellation And Revised Assumptions Will Shape Outlook

Fiducial Sofiral proposed to acquire remaining 0.2% stake in Fiducial Office Solutions (ENXTPA:SACI) for €0.15 million.

New major risk - Revenue and earnings growth

New major risk - Financial data availability

Upcoming dividend of €1.20 per share

BB: Higher Margins And Dividend Will Mask Revenue Pressure Ahead

Paprec France SA completed the acquisition of an additional 30.64% stake in Groupe Pizzorno Environnement (ENXTPA:GPE).

Aurea SA, Annual General Meeting, Jun 30, 2026

Ecoslops S.A., Annual General Meeting, Jun 09, 2026

New major risk - Financial data availability