Narrative Update • May 13

The Professional Services industry is up 3.3% in the last week, with Teleperformance up 9.7%. Meanwhile, Assystem actually underperformed within the industry, shrinking 6.3% in the last week. In contrast, the industry has lost 15% in the last 12 months. As for the next few years, earnings are expected to grow by 9.3% per annum.
Has the French Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 16 May 2026 | €18.0b | €25.8b | €1.2b | 15.4x | 15.1x | 0.7x |
| Mon, 13 Apr 2026 | €17.2b | €25.8b | €1.2b | 19x | 14.5x | 0.7x |
| Wed, 11 Mar 2026 | €17.8b | €25.8b | €1.2b | 20.4x | 14.6x | 0.7x |
| Fri, 06 Feb 2026 | €18.0b | €25.8b | €1.3b | 18.7x | 14.1x | 0.7x |
| Sun, 04 Jan 2026 | €17.9b | €25.8b | €1.3b | 16.9x | 14x | 0.7x |
| Tue, 02 Dec 2025 | €17.7b | €25.8b | €1.3b | 16.2x | 13.9x | 0.7x |
| Thu, 30 Oct 2025 | €18.8b | €25.8b | €1.3b | 17.1x | 14.7x | 0.7x |
| Sat, 27 Sep 2025 | €17.5b | €25.8b | €1.3b | 12.2x | 13.6x | 0.7x |
| Mon, 25 Aug 2025 | €18.8b | €25.5b | €1.3b | 15x | 14.6x | 0.7x |
| Wed, 23 Jul 2025 | €19.9b | €25.3b | €1.2b | 13.1x | 15.9x | 0.8x |
| Fri, 20 Jun 2025 | €20.0b | €25.3b | €1.2b | 11.1x | 16.1x | 0.8x |
| Sun, 18 May 2025 | €21.4b | €25.3b | €1.3b | 11.9x | 17x | 0.8x |
| Tue, 15 Apr 2025 | €19.4b | €25.2b | €1.3b | 10.9x | 15.5x | 0.8x |
| Thu, 13 Mar 2025 | €20.8b | €24.7b | €1.3b | 10.9x | 15.6x | 0.8x |
| Sat, 08 Feb 2025 | €20.9b | €23.5b | €1.4b | 10.3x | 15.3x | 0.9x |
| Mon, 06 Jan 2025 | €20.4b | €23.5b | €1.4b | 11x | 14.9x | 0.9x |
| Wed, 04 Dec 2024 | €20.3b | €23.5b | €1.4b | 9.7x | 14.8x | 0.9x |
| Fri, 01 Nov 2024 | €21.5b | €23.5b | €1.4b | 11.4x | 15.7x | 0.9x |
| Sun, 29 Sep 2024 | €22.0b | €23.4b | €1.4b | 10.5x | 16x | 0.9x |
| Tue, 27 Aug 2024 | €22.2b | €23.1b | €1.4b | 11.1x | 15.9x | 1x |
| Thu, 25 Jul 2024 | €21.0b | €22.1b | €1.4b | 10.8x | 15.2x | 0.9x |
| Sat, 22 Jun 2024 | €20.9b | €22.1b | €1.4b | 10.1x | 15.2x | 0.9x |
| Mon, 20 May 2024 | €22.1b | €22.1b | €1.4b | 11.2x | 16.1x | 1x |
| Wed, 17 Apr 2024 | €20.7b | €21.9b | €1.4b | 11x | 14.9x | 0.9x |
| Fri, 15 Mar 2024 | €20.6b | €21.8b | €1.4b | 9.6x | 14.8x | 0.9x |
| Sun, 11 Feb 2024 | €22.8b | €21.6b | €1.3b | 12.1x | 17.1x | 1.1x |
| Tue, 09 Jan 2024 | €21.9b | €21.7b | €1.4b | 11.7x | 16.1x | 1x |
| Thu, 07 Dec 2023 | €20.5b | €21.7b | €1.4b | 11.1x | 15.1x | 0.9x |
| Sat, 04 Nov 2023 | €20.8b | €21.7b | €1.4b | 10.9x | 15.4x | 1x |
| Mon, 02 Oct 2023 | €21.1b | €21.7b | €1.4b | 11.2x | 15.6x | 1x |
| Wed, 30 Aug 2023 | €22.1b | €21.5b | €1.4b | 11.7x | 16.4x | 1x |
| Fri, 28 Jul 2023 | €24.4b | €21.5b | €1.4b | 13.9x | 18x | 1.1x |
| Sun, 25 Jun 2023 | €23.7b | €21.2b | €1.4b | 15.6x | 17.5x | 1.1x |
| Tue, 23 May 2023 | €24.3b | €21.2b | €1.4b | 16.2x | 17.9x | 1.1x |
17.9x
Which industries have driven the changes within the French Industrials industry?
| FR Market | -1.98% | |
| Industrials | -3.82% | |
| Professional Services | 3.31% | |
| Research and Consulting Services | 1.89% | |
| HR Services | -1.14% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TEP Teleperformance | €69.68 | 9.7% +€359.3m | -26.7% | PE8.2x | |
| BVI Bureau Veritas | €26.47 | 2.4% +€275.3m | -11.4% | PE20x | |
| ALFRE Freelance.com | €2.18 | 1.9% +€2.3m | -5.6% | PE5.3x | |
| ALDLS DLSI | €9.65 | 7.2% +€1.7m | -13.1% | PS0.1x | |
| MLIDS IDS France SAS | €0.57 | 22.8% +€836.7k | 83.9% | n/a |