Narrative Update • Jun 04

The Commercial Services industry has stayed flat over the last week. The past year has been better, since the industry has gained 22% in that time. As for the next few years, earnings are expected to grow by 18% per annum.
Has the U.K. Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 13 Jun 2026 | UK£18.2b | UK£18.4b | UK£545.5m | 24.9x | 33.3x | 1x |
| Mon, 11 May 2026 | UK£19.2b | UK£18.1b | UK£562.0m | 23.4x | 34.2x | 1.1x |
| Wed, 08 Apr 2026 | UK£19.2b | UK£18.2b | UK£565.4m | 21.3x | 34x | 1.1x |
| Fri, 06 Mar 2026 | UK£19.1b | UK£18.6b | UK£525.2m | 25.9x | 36.3x | 1x |
| Sun, 01 Feb 2026 | UK£18.5b | UK£18.4b | UK£517.3m | 25.6x | 35.8x | 1x |
| Tue, 30 Dec 2025 | UK£18.1b | UK£18.4b | UK£492.4m | 25.7x | 36.7x | 1x |
| Thu, 27 Nov 2025 | UK£16.6b | UK£18.1b | UK£475.2m | 24.5x | 35x | 0.9x |
| Sat, 25 Oct 2025 | UK£17.5b | UK£17.9b | UK£482.0m | 24.2x | 36.4x | 1x |
| Mon, 22 Sep 2025 | UK£15.1b | UK£18.1b | UK£486.0m | 22.3x | 31.1x | 0.8x |
| Wed, 20 Aug 2025 | UK£15.4b | UK£18.1b | UK£485.9m | 26.9x | 31.6x | 0.8x |
| Fri, 18 Jul 2025 | UK£14.6b | UK£18.0b | UK£547.3m | 28.8x | 26.6x | 0.8x |
| Sun, 15 Jun 2025 | UK£14.6b | UK£18.0b | UK£554.5m | 28.2x | 26.3x | 0.8x |
| Tue, 13 May 2025 | UK£15.1b | UK£19.2b | UK£599.1m | 27.4x | 25.2x | 0.8x |
| Thu, 10 Apr 2025 | UK£13.3b | UK£19.2b | UK£589.7m | 24.6x | 22.6x | 0.7x |
| Sat, 08 Mar 2025 | UK£14.4b | UK£19.0b | UK£576.7m | 32.8x | 24.9x | 0.8x |
| Mon, 03 Feb 2025 | UK£15.6b | UK£19.0b | UK£751.9m | 25.5x | 20.8x | 0.8x |
| Wed, 01 Jan 2025 | UK£15.6b | UK£18.9b | UK£751.9m | 25.8x | 20.7x | 0.8x |
| Fri, 29 Nov 2024 | UK£15.6b | UK£18.9b | UK£754.1m | 22.1x | 20.7x | 0.8x |
| Sun, 27 Oct 2024 | UK£15.2b | UK£18.5b | UK£767.9m | 17.8x | 19.8x | 0.8x |
| Tue, 24 Sep 2024 | UK£15.1b | UK£18.5b | UK£769.0m | 20.3x | 19.7x | 0.8x |
| Thu, 22 Aug 2024 | UK£18.2b | UK£18.5b | UK£750.6m | 18.8x | 24.2x | 1x |
| Sat, 20 Jul 2024 | UK£17.7b | UK£18.5b | UK£763.6m | 15.5x | 23.2x | 1x |
| Mon, 17 Jun 2024 | UK£17.2b | UK£18.6b | UK£768.1m | 15.1x | 22.4x | 0.9x |
| Wed, 15 May 2024 | UK£16.8b | UK£18.5b | UK£741.7m | 15.3x | 22.7x | 0.9x |
| Fri, 12 Apr 2024 | UK£19.0b | UK£18.7b | UK£777.8m | 16.3x | 24.4x | 1x |
| Sun, 10 Mar 2024 | UK£19.7b | UK£18.6b | UK£784.1m | 16.5x | 25.2x | 1.1x |
| Tue, 06 Feb 2024 | UK£17.3b | UK£17.9b | UK£712.3m | 15.4x | 24.3x | 1x |
| Thu, 04 Jan 2024 | UK£23.3b | UK£21.8b | UK£903.6m | 20x | 25.8x | 1.1x |
| Sat, 02 Dec 2023 | UK£23.4b | UK£22.2b | UK£847.5m | 20.5x | 27.7x | 1.1x |
| Mon, 30 Oct 2023 | UK£22.8b | UK£21.9b | UK£850.2m | 18.8x | 26.8x | 1x |
| Wed, 27 Sep 2023 | UK£27.2b | UK£21.9b | UK£849.6m | 18.5x | 32x | 1.2x |
| Fri, 25 Aug 2023 | UK£27.1b | UK£21.8b | UK£846.1m | 26.3x | 32x | 1.2x |
| Sun, 23 Jul 2023 | UK£28.8b | UK£20.4b | UK£744.1m | 23.9x | 38.6x | 1.4x |
| Tue, 20 Jun 2023 | UK£28.5b | UK£20.4b | UK£786.2m | 23.4x | 36.3x | 1.4x |
36.3x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | 1.05% | |
| Industrials | 0.62% | |
| Commercial Services | 1.60% | |
| Diversified Support Services | 2.11% | |
| Environmental and Facilities Services | 1.54% | |
| Commercial Printing | 0% | 0 |
| Office Services and Supplies | 0% | 0 |
| Security and Alarm Services | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RTO Rentokil Initial | UK£4.54 | 2.5% +UK£281.8m | 30.2% | PE52.8x | |
| JSG Johnson Service Group | UK£1.56 | 4.6% +UK£25.8m | 8.9% | PE16x | |
| MER Mears Group | UK£4.23 | 7.4% +UK£24.6m | 7.0% | PE7.7x | |
| SRP Serco Group | UK£2.55 | 0.6% +UK£13.8m | 31.0% | PE17.3x | |
| WATR Water Intelligence | UK£2.45 | 2.1% +UK£840.9k | -33.8% | PE12.5x |