Narrative Update • May 19

Over the last 7 days, the Commercial Services industry has dropped 2.3%, driven by a pullback from Rentokil Initial of 6.5%. Meanwhile, Johnson Service Group actually outperformed within the industry, gaining 5.1% in the last week. In the past year, the industry has gained 21%. Earnings are forecast to grow by 22% annually.
Has the U.K. Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 03 Jun 2026 | UK£17.9b | UK£18.1b | UK£565.1m | 23.1x | 31.6x | 1x |
| Fri, 01 May 2026 | UK£19.5b | UK£18.1b | UK£559.3m | 21.2x | 34.9x | 1.1x |
| Sun, 29 Mar 2026 | UK£18.4b | UK£18.2b | UK£565.6m | 20.9x | 32.5x | 1x |
| Tue, 24 Feb 2026 | UK£18.8b | UK£18.5b | UK£520.8m | 25.8x | 36.2x | 1x |
| Thu, 22 Jan 2026 | UK£19.0b | UK£18.5b | UK£515.3m | 25.3x | 36.9x | 1x |
| Sat, 20 Dec 2025 | UK£18.1b | UK£18.4b | UK£492.4m | 25.7x | 36.8x | 1x |
| Mon, 17 Nov 2025 | UK£16.4b | UK£17.9b | UK£482.0m | 27.7x | 34.1x | 0.9x |
| Wed, 15 Oct 2025 | UK£16.3b | UK£17.9b | UK£482.0m | 24.2x | 33.9x | 0.9x |
| Fri, 12 Sep 2025 | UK£15.6b | UK£18.1b | UK£486.7m | 26.9x | 32.1x | 0.9x |
| Sun, 10 Aug 2025 | UK£15.7b | UK£18.1b | UK£485.9m | 27.2x | 32.2x | 0.9x |
| Tue, 08 Jul 2025 | UK£14.8b | UK£18.0b | UK£547.3m | 28.9x | 27x | 0.8x |
| Thu, 05 Jun 2025 | UK£15.5b | UK£19.2b | UK£599.3m | 28x | 25.9x | 0.8x |
| Sat, 03 May 2025 | UK£15.3b | UK£19.2b | UK£596.3m | 25.6x | 25.7x | 0.8x |
| Mon, 31 Mar 2025 | UK£14.5b | UK£19.2b | UK£580.6m | 27.9x | 25x | 0.8x |
| Wed, 26 Feb 2025 | UK£15.8b | UK£18.9b | UK£751.7m | 26.5x | 21x | 0.8x |
| Fri, 24 Jan 2025 | UK£15.1b | UK£19.0b | UK£752.3m | 24.8x | 20x | 0.8x |
| Sun, 22 Dec 2024 | UK£15.6b | UK£18.9b | UK£751.9m | 25.6x | 20.7x | 0.8x |
| Tue, 19 Nov 2024 | UK£15.7b | UK£18.5b | UK£754.6m | 19.3x | 20.8x | 0.8x |
| Thu, 17 Oct 2024 | UK£14.5b | UK£18.5b | UK£768.0m | 18.6x | 18.9x | 0.8x |
| Sat, 14 Sep 2024 | UK£15.4b | UK£18.5b | UK£762.3m | 20.2x | 20.2x | 0.8x |
| Mon, 12 Aug 2024 | UK£17.6b | UK£18.5b | UK£750.7m | 18x | 23.4x | 0.9x |
| Wed, 10 Jul 2024 | UK£17.8b | UK£18.6b | UK£768.0m | 15.8x | 23.2x | 1x |
| Fri, 07 Jun 2024 | UK£17.0b | UK£18.3b | UK£740.9m | 15.1x | 22.9x | 0.9x |
| Sun, 05 May 2024 | UK£16.3b | UK£18.5b | UK£741.6m | 14.7x | 21.9x | 0.9x |
| Tue, 02 Apr 2024 | UK£19.4b | UK£18.6b | UK£772.0m | 15.7x | 25.1x | 1x |
| Thu, 29 Feb 2024 | UK£18.1b | UK£17.9b | UK£713.0m | 16.3x | 25.3x | 1x |
| Sat, 27 Jan 2024 | UK£23.3b | UK£21.8b | UK£900.5m | 17.6x | 25.9x | 1.1x |
| Mon, 25 Dec 2023 | UK£23.9b | UK£21.8b | UK£903.8m | 20.1x | 26.5x | 1.1x |
| Wed, 22 Nov 2023 | UK£24.3b | UK£21.9b | UK£834.0m | 22.5x | 29.1x | 1.1x |
| Fri, 20 Oct 2023 | UK£24.6b | UK£21.9b | UK£850.2m | 20.5x | 28.9x | 1.1x |
| Sun, 17 Sep 2023 | UK£27.8b | UK£21.9b | UK£850.3m | 23.4x | 32.7x | 1.3x |
| Tue, 15 Aug 2023 | UK£27.9b | UK£21.8b | UK£884.7m | 21.6x | 31.5x | 1.3x |
| Thu, 13 Jul 2023 | UK£27.8b | UK£20.4b | UK£743.6m | 23.2x | 37.3x | 1.4x |
| Sat, 10 Jun 2023 | UK£29.0b | UK£20.4b | UK£797.0m | 23.4x | 36.4x | 1.4x |
36.4x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | -0.85% | |
| Industrials | -0.30% | |
| Commercial Services | -5.38% | |
| Diversified Support Services | 1.71% | |
| Commercial Printing | 0% | 0 |
| Office Services and Supplies | 0% | 0 |
| Security and Alarm Services | 0% | 0 |
| Environmental and Facilities Services | -6.20% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| JSG Johnson Service Group | UK£1.52 | 5.1% +UK£28.1m | 2.2% | PE15.6x | |
| FRAN Franchise Brands | UK£1.49 | 4.2% +UK£11.5m | -2.6% | PE31.8x | |
| HSP Hargreaves Services | UK£8.20 | 1.7% +UK£4.3m | 22.8% | PE11.5x | |
| FIH FIH group | UK£2.90 | 5.5% +UK£1.9m | 50.6% | PS0.9x | |
| TENG Ten Lifestyle Group | UK£0.94 | 1.1% +UK£963.2k | 53.7% | PE65.4x |