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U.K. (FTSE) Commercial Services Industry Analysis

UpdatedJun 27, 2026
DataAggregated Company Financials
Companies21
  • 7D0.2%
  • 3M-5.9%
  • 1Y14.8%
  • YTD-3.9%

In the last week, the Commercial Services industry is flat overall, with Serco Group standing out by going down 6.1%. The past year has been better, since the industry has gained 15% in that time. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Jun 2026UK£17.3bUK£18.5bUK£549.5m23.6x31.4x0.9x
Mon, 25 May 2026UK£18.8bUK£18.1bUK£565.2m23.6x33.2x1x
Wed, 22 Apr 2026UK£19.7bUK£18.1bUK£562.2m22.1x35x1.1x
Fri, 20 Mar 2026UK£19.0bUK£18.1bUK£563.2m22x33.7x1x
Sun, 15 Feb 2026UK£18.4bUK£18.5bUK£517.9m25.7x35.6x1x
Tue, 13 Jan 2026UK£19.0bUK£18.5bUK£514.5m26.3x36.9x1x
Thu, 11 Dec 2025UK£17.4bUK£18.4bUK£492.4m24.8x35.4x0.9x
Sat, 08 Nov 2025UK£16.6bUK£17.9bUK£482.0m23.5x34.5x0.9x
Mon, 06 Oct 2025UK£15.9bUK£17.9bUK£482.0m27.2x33x0.9x
Wed, 03 Sep 2025UK£15.1bUK£18.1bUK£485.9m27.7x31.1x0.8x
Fri, 01 Aug 2025UK£15.4bUK£18.0bUK£545.5m28.2x28.2x0.9x
Sun, 29 Jun 2025UK£15.0bUK£18.0bUK£554.1m29.4x27.1x0.8x
Tue, 27 May 2025UK£15.5bUK£19.2bUK£599.6m27.3x25.8x0.8x
Thu, 24 Apr 2025UK£14.5bUK£19.2bUK£595.2m25.7x24.4x0.8x
Sat, 22 Mar 2025UK£14.3bUK£19.0bUK£585.2m27.6x24.5x0.8x
Mon, 17 Feb 2025UK£16.5bUK£18.9bUK£751.8m27.1x21.9x0.9x
Wed, 15 Jan 2025UK£14.8bUK£19.0bUK£752.3m24.7x19.7x0.8x
Fri, 13 Dec 2024UK£15.5bUK£18.9bUK£756.8m25.6x20.5x0.8x
Sun, 10 Nov 2024UK£15.7bUK£18.5bUK£767.7m19.4x20.4x0.8x
Tue, 08 Oct 2024UK£14.9bUK£18.5bUK£768.1m18.7x19.3x0.8x
Thu, 05 Sep 2024UK£17.9bUK£18.5bUK£754.0m17.9x23.7x1x
Sat, 03 Aug 2024UK£17.6bUK£18.5bUK£746.2m17.9x23.6x1x
Mon, 01 Jul 2024UK£17.6bUK£18.6bUK£769.5m15x22.9x0.9x
Wed, 29 May 2024UK£16.4bUK£18.5bUK£740.4m15.4x22.2x0.9x
Fri, 26 Apr 2024UK£18.0bUK£18.7bUK£778.1m16.2x23.1x1x
Sun, 24 Mar 2024UK£19.2bUK£18.6bUK£775.4m15.6x24.8x1x
Tue, 20 Feb 2024UK£18.0bUK£17.9bUK£712.9m16.3x25.2x1x
Thu, 18 Jan 2024UK£22.9bUK£21.8bUK£903.4m18.7x25.4x1.1x
Sat, 16 Dec 2023UK£23.8bUK£22.2bUK£847.6m20.3x28.1x1.1x
Mon, 13 Nov 2023UK£23.7bUK£21.9bUK£834.1m20.6x28.4x1.1x
Wed, 11 Oct 2023UK£27.7bUK£21.9bUK£849.7m21.2x32.6x1.3x
Fri, 08 Sep 2023UK£27.4bUK£21.8bUK£851.4m24.3x32.2x1.3x
Sun, 06 Aug 2023UK£27.9bUK£21.8bUK£881.7m23.7x31.7x1.3x
Tue, 04 Jul 2023UK£28.1bUK£20.4bUK£743.8m23.2x37.7x1.4x
Price to Earnings Ratio

37.7x


Total Market Cap: UK£28.1bTotal Earnings: UK£743.8mTotal Revenue: UK£20.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Commercial Services Industry Price to Earnings3Y Average 28x202420252026
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 31.4x which is higher than its 3-year average PE of 28.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.97x.
Past Earnings Growth
  • The earnings for companies in the Commercial Services industry have declined 9.6% per year over the last three years,
  • Revenues have also declined 3.1% 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 Market1.14%
Industrials-0.33%
Commercial Services0.23%
Diversified Support Services2.43%
Commercial Printing0%0
Office Services and Supplies0%0
Security and Alarm Services0%0
Environmental and Facilities Services-0.038%
Industry PE
  • Investors are most optimistic about the Environmental and Facilities Services industry which is trading above its 3-year average PE ratio of 28.2x.
    • Analysts are expecting annual earnings growth of 18.2%, which is higher than its past year's earnings decline of 5.3% per year.
  • Investors are most pessimistic about the Diversified Support Services industry, which is trading below its 3-year average of 31.2x.
Forecasted Growth
  • Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings decline of 5.3% per year.
  • In contrast, the Diversified Support Services industry is expected to see its earnings grow by 10% 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£4.341.2%
+UK£133.4m		21.1%PE49.7x
JSG Johnson Service GroupUK£1.645.9%
+UK£34.5m		8.2%PE16.8x
HSP Hargreaves ServicesUK£8.365.8%
+UK£14.1m		16.4%PE11.8x
RST RestoreUK£2.641.9%
+UK£6.8m		-1.3%PE256.4x
MER Mears GroupUK£4.032.0%
+UK£6.1m		1.5%PE7.3x

Latest News

EAAS
UK£0.029
eEnergy Group
7D
-43.1%
1Y
-38.9%
RST
UK£2.64
Restore
7D
1.9%
1Y
-1.3%
Narrative Update • Jun 22

RST: Refined Assumptions And Stable Fair Value Will Support Bullish Repricing

Analysts have modestly adjusted their price target for Restore, citing small refinements to assumptions around the discount rate, revenue growth, profit margins and future P/E. Together, these changes result in a slightly different implied equity value in £ terms for the stock.
WATR
UK£2.70
Water Intelligence
7D
5.9%
1Y
-21.7%
HSP
UK£8.36
Hargreaves Services
7D
5.8%
1Y
16.4%
SRP
UK£2.23
Serco Group
7D
-6.1%
1Y
9.3%
Narrative Update • Jun 17

SRP: Neutral Initiation And Hospital Contract Will Support Future Upside

Analysts have adjusted their fair value estimate for Serco Group to £3.06 from £2.89, reflecting updated assumptions on revenue growth, profit margins, and a slightly lower future P/E multiple following recent Street research that includes a neutral initiation. What’s in the News for Serco Group Serco Group PLC retained its facilities management contract at Norfolk and Norwich University Hospital.
MTO
UK£1.53
Mitie Group
7D
0.07%
1Y
6.5%
Narrative Update • Jun 17

MTO: Nordic Fire Acquisitions And Capital Returns Will Support Future Upside

Mitie Group’s narrative update reflects a slight trimming of the analyst price target to £2.00 from £2.05, as analysts factor in a marginally lower fair value estimate and discount rate, a more measured revenue growth outlook, and a higher future P/E assumption following recent research updates from several banks. Analyst Commentary Recent research on Mitie Group reflects a mix of optimism and caution, with price targets adjusted in a relatively narrow range around £2.00 and views clustered around balanced expectations for execution and valuation.
RTO
UK£4.34
Rentokil Initial
7D
1.2%
1Y
21.1%
Narrative Update • Jun 17

RTO: Progressive Dividend And Bolt On M&A Will Likely Support High P/E

Analysts have trimmed their price target for Rentokil Initial stock to £4.54, citing slightly adjusted assumptions for discount rate, revenue growth, profit margins and future P/E that collectively point to a modestly different risk and earnings profile. What’s in the News for Rentokil Initial stock No recent company specific news for Rentokil Initial is provided in the available sources.
MYX
UK£0.66
MYCELX Technologies
7D
0.8%
1Y
142.6%
SFT
UK£0.16
Software Circle
7D
-4.0%
1Y
-48.5%
MER
UK£4.03
Mears Group
7D
2.0%
1Y
1.5%
CPP
UK£0.37
CPPGroup
7D
-39.6%
1Y
-66.1%
MAI
UK£0.85
Maintel Holdings
7D
-8.1%
1Y
-57.5%
HUI
UK£0.026
Hydrogen Utopia International
7D
-5.4%
1Y
73.8%
FRAN
UK£1.44
Franchise Brands
7D
-0.7%
1Y
-3.7%
TENG
UK£0.91
Ten Lifestyle Group
7D
-0.5%
1Y
33.3%
Analysis Article • May 05

There May Be Reason For Hope In Ten Lifestyle Group's (LON:TENG) Disappointing Earnings

The market was pleased with the recent earnings report from Ten Lifestyle Group Plc ( LON:TENG ), despite the profit...
JSG
UK£1.64
Johnson Service Group
7D
5.9%
1Y
8.2%