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U.K. (FTSE) Commercial Services Industry Analysis

UpdatedMar 14, 2026
DataAggregated Company Financials
Companies20
  • 7D3.5%
  • 3M12.9%
  • 1Y46.3%
  • YTD9.1%

Over the last 7 days, the Commercial Services industry has risen 3.5%, driven by gains from Rentokil Initial of 4.3%. In the last 12 months, the industry was up 46%. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the U.K. Commercial Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Mar 2026UK£19.7bUK£18.2bUK£566.5m22.6x34.7x1.1x
Mon, 09 Feb 2026UK£18.8bUK£18.5bUK£518.6m25.2x36.3x1x
Wed, 07 Jan 2026UK£18.5bUK£18.4bUK£492.4m26x37.6x1x
Fri, 05 Dec 2025UK£17.3bUK£18.4bUK£492.4m23.5x35.2x0.9x
Sun, 02 Nov 2025UK£17.0bUK£17.9bUK£482.0m24.1x35.3x1x
Tue, 30 Sep 2025UK£15.3bUK£18.1bUK£486.0m22.5x31.6x0.8x
Thu, 28 Aug 2025UK£15.0bUK£18.1bUK£485.9m26.4x30.9x0.8x
Sat, 26 Jul 2025UK£15.2bUK£18.0bUK£550.2m28.2x27.7x0.8x
Mon, 23 Jun 2025UK£14.6bUK£18.0bUK£554.5m28.7x26.4x0.8x
Wed, 21 May 2025UK£15.4bUK£19.2bUK£599.7m27.5x25.7x0.8x
Fri, 18 Apr 2025UK£14.7bUK£19.2bUK£594.3m25.5x24.7x0.8x
Sun, 16 Mar 2025UK£14.0bUK£19.0bUK£576.7m31.7x24.4x0.7x
Tue, 11 Feb 2025UK£15.7bUK£18.9bUK£751.8m25.6x20.9x0.8x
Thu, 09 Jan 2025UK£15.2bUK£18.9bUK£752.0m25.1x20.2x0.8x
Sat, 07 Dec 2024UK£15.8bUK£18.9bUK£756.8m25.9x20.9x0.8x
Mon, 04 Nov 2024UK£15.6bUK£18.5bUK£768.1m17.5x20.3x0.8x
Wed, 02 Oct 2024UK£15.1bUK£18.5bUK£767.9m18.8x19.6x0.8x
Fri, 30 Aug 2024UK£18.2bUK£18.5bUK£750.1m18.6x24.3x1x
Sun, 28 Jul 2024UK£18.1bUK£18.6bUK£774.7m15.3x23.3x1x
Tue, 25 Jun 2024UK£17.5bUK£18.6bUK£769.4m15.3x22.7x0.9x
Thu, 23 May 2024UK£16.7bUK£18.5bUK£740.4m15.2x22.5x0.9x
Sat, 20 Apr 2024UK£17.9bUK£18.7bUK£777.8m16.1x23.1x1x
Mon, 18 Mar 2024UK£19.2bUK£18.6bUK£775.2m16.6x24.8x1x
Wed, 14 Feb 2024UK£17.3bUK£17.9bUK£712.7m16.2x24.2x1x
Fri, 12 Jan 2024UK£23.5bUK£21.8bUK£903.5m19.1x26.1x1.1x
Sun, 10 Dec 2023UK£23.6bUK£22.2bUK£847.5m20x27.9x1.1x
Tue, 07 Nov 2023UK£23.4bUK£21.9bUK£849.9m20.7x27.5x1.1x
Thu, 05 Oct 2023UK£27.5bUK£21.9bUK£849.8m19.8x32.3x1.3x
Sat, 02 Sep 2023UK£27.5bUK£21.8bUK£846.0m25.4x32.5x1.3x
Mon, 31 Jul 2023UK£28.5bUK£21.5bUK£805.4m24.1x35.4x1.3x
Wed, 28 Jun 2023UK£28.1bUK£20.4bUK£786.4m23.2x35.8x1.4x
Fri, 26 May 2023UK£28.7bUK£20.4bUK£761.6m27.9x37.7x1.4x
Sun, 23 Apr 2023UK£28.4bUK£20.3bUK£757.8m25.1x37.4x1.4x
Tue, 21 Mar 2023UK£26.3bUK£20.3bUK£756.8m30x34.8x1.3x
Price to Earnings Ratio

34.8x


Total Market Cap: UK£26.3bTotal Earnings: UK£756.8mTotal Revenue: UK£20.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Commercial Services Industry Price to Earnings3Y Average 28.3x202420252026
Current Industry PE
  • Investors are optimistic on the British Commercial Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.7x which is higher than its 3-year average PE of 28.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.00x.
Past Earnings Growth
  • The earnings for companies in the Commercial Services industry have declined 9.2% per year over the last three years,
  • Revenues have also declined 3.6% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the U.K. Industrials industry?

GB Market-0.58%
Industrials-1.74%
Commercial Services3.49%
Environmental and Facilities Services3.69%
Diversified Support Services1.56%
Commercial Printing0%0
Office Services and Supplies0%0
Security and Alarm Services0%0
Industry PE
  • Investors are most optimistic about the Environmental and Facilities Services industry which is trading above its 3-year average PE ratio of 28.3x.
    • Analysts are expecting annual earnings growth of 23.9%, which is higher than its past year's earnings decline of 14.7% per year.
  • Investors are most pessimistic about the Diversified Support Services industry, which is trading below its 3-year average of 32.4x.
Forecasted Growth
  • Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 15% per year.
  • In contrast, the Diversified Support Services industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
RTO Rentokil InitialUK£4.884.3%
+UK£500.7m		46.4%PE56x
SRP Serco GroupUK£3.203.4%
+UK£100.7m		102.0%PE21.7x
MTO Mitie GroupUK£1.741.6%
+UK£34.1m		53.3%PE23.4x
RST RestoreUK£2.519.1%
+UK£28.8m		10.1%PE245.5x
JSG Johnson Service GroupUK£1.353.7%
+UK£18.1m		-1.2%PE13.8x

Latest News

RST
UK£2.51
Restore
7D
9.1%
1Y
10.1%

RST: Higher Fair Value And P/E Assumptions Will Support Bullish Repricing

Analysts have raised their price target on Restore by £0.50 to reflect updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E expectations. Valuation Changes Fair Value: updated from £3.00 to £3.50, a higher central estimate of what the shares may be worth on the revised assumptions.
HSP
UK£7.70
Hargreaves Services
7D
1.3%
1Y
18.1%
FRAN
UK£1.26
Franchise Brands
7D
-3.1%
1Y
-13.4%
SRP
UK£3.20
Serco Group
7D
3.4%
1Y
102.0%
RTO
UK£4.88
Rentokil Initial
7D
4.3%
1Y
46.4%
JSG
UK£1.35
Johnson Service Group
7D
3.7%
1Y
-1.2%
MTO
UK£1.74
Mitie Group
7D
1.6%
1Y
53.3%

MTO: Strong Winter Quarter Outlook Will Support Further Upside Potential

Analysts have made a small adjustment to their £1.96 price target for Mitie Group, reflecting slightly revised assumptions for the discount rate, profit margin and forward P/E multiple, while keeping their fair value view effectively unchanged. What's in the News Mitie Group issued earnings guidance for the fourth quarter of 2026, indicating that a double digit revenue growth rate is expected to continue.
REAT
UK£0.46
REACT Group
7D
-6.1%
1Y
-34.8%
MER
UK£3.43
Mears Group
7D
-3.9%
1Y
-10.8%
EAAS
UK£0.049
eEnergy Group
7D
-8.4%
1Y
24.1%
TENG
UK£0.70
Ten Lifestyle Group
7D
-1.8%
1Y
25.1%
SFT
UK£0.15
Software Circle
7D
2.0%
1Y
-48.1%
WATR
UK£2.65
Water Intelligence
7D
-8.9%
1Y
-27.9%