Narrative Update • Jun 04

The Commercial Services industry has been flat over the last week, but Mitie Group has lost 3.3%. As for the the longer term, the industry is up 22% over the past 12 months. As for the next few years, earnings are expected to grow by 17% 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 |
|---|---|---|---|---|---|---|
| Wed, 17 Jun 2026 | UK£18.0b | UK£18.5b | UK£545.6m | 24.4x | 32.9x | 1x |
| Fri, 15 May 2026 | UK£19.0b | UK£18.2b | UK£565.6m | 23.1x | 33.6x | 1x |
| Sun, 12 Apr 2026 | UK£19.8b | UK£18.1b | UK£562.4m | 22.3x | 35.1x | 1.1x |
| Tue, 10 Mar 2026 | UK£18.8b | UK£18.1b | UK£571.1m | 22.1x | 32.9x | 1x |
| Thu, 05 Feb 2026 | UK£18.9b | UK£18.5b | UK£517.8m | 25.9x | 36.6x | 1x |
| Sat, 03 Jan 2026 | UK£18.0b | UK£18.4b | UK£492.4m | 25.5x | 36.6x | 1x |
| Mon, 01 Dec 2025 | UK£16.8b | UK£18.1b | UK£477.7m | 24.8x | 35.3x | 0.9x |
| Wed, 29 Oct 2025 | UK£17.3b | UK£17.9b | UK£482.0m | 23.8x | 35.9x | 1x |
| Fri, 26 Sep 2025 | UK£15.1b | UK£18.1b | UK£486.0m | 22.5x | 31x | 0.8x |
| Sun, 24 Aug 2025 | UK£15.3b | UK£18.1b | UK£485.9m | 26.8x | 31.5x | 0.8x |
| Tue, 22 Jul 2025 | UK£14.9b | UK£18.0b | UK£547.3m | 29.3x | 27.2x | 0.8x |
| Thu, 19 Jun 2025 | UK£14.6b | UK£18.0b | UK£554.5m | 28.6x | 26.4x | 0.8x |
| Sat, 17 May 2025 | UK£15.3b | UK£19.2b | UK£599.6m | 27.5x | 25.5x | 0.8x |
| Mon, 14 Apr 2025 | UK£14.1b | UK£19.2b | UK£594.6m | 24.8x | 23.6x | 0.7x |
| Wed, 12 Mar 2025 | UK£13.8b | UK£19.0b | UK£576.8m | 31.6x | 23.9x | 0.7x |
| Fri, 07 Feb 2025 | UK£15.6b | UK£18.9b | UK£751.8m | 25.5x | 20.8x | 0.8x |
| Sun, 05 Jan 2025 | UK£15.5b | UK£18.9b | UK£751.9m | 25.5x | 20.6x | 0.8x |
| Tue, 03 Dec 2024 | UK£15.7b | UK£18.9b | UK£754.0m | 22.4x | 20.8x | 0.8x |
| Thu, 31 Oct 2024 | UK£15.5b | UK£18.5b | UK£768.1m | 17.9x | 20.2x | 0.8x |
| Sat, 28 Sep 2024 | UK£15.4b | UK£18.5b | UK£769.3m | 19.2x | 20x | 0.8x |
| Mon, 26 Aug 2024 | UK£18.3b | UK£18.5b | UK£750.3m | 18.8x | 24.4x | 1x |
| Wed, 24 Jul 2024 | UK£18.2b | UK£18.5b | UK£763.5m | 15.1x | 23.8x | 1x |
| Fri, 21 Jun 2024 | UK£17.4b | UK£18.6b | UK£768.2m | 15.3x | 22.6x | 0.9x |
| Sun, 19 May 2024 | UK£16.9b | UK£18.5b | UK£740.6m | 15.4x | 22.8x | 0.9x |
| Tue, 16 Apr 2024 | UK£19.0b | UK£18.7b | UK£777.7m | 16.5x | 24.4x | 1x |
| Thu, 14 Mar 2024 | UK£19.5b | UK£18.6b | UK£784.3m | 16.9x | 24.8x | 1x |
| Sat, 10 Feb 2024 | UK£17.3b | UK£17.9b | UK£712.9m | 16.2x | 24.2x | 1x |
| Mon, 08 Jan 2024 | UK£23.3b | UK£21.8b | UK£903.5m | 19.9x | 25.8x | 1.1x |
| Wed, 06 Dec 2023 | UK£23.3b | UK£22.2b | UK£847.4m | 20.2x | 27.5x | 1.1x |
| Fri, 03 Nov 2023 | UK£23.1b | UK£21.9b | UK£850.1m | 19.4x | 27.1x | 1.1x |
| Sun, 01 Oct 2023 | UK£28.1b | UK£21.9b | UK£849.5m | 17.9x | 33x | 1.3x |
| Tue, 29 Aug 2023 | UK£27.2b | UK£21.8b | UK£846.1m | 25.7x | 32.1x | 1.2x |
| Thu, 27 Jul 2023 | UK£28.8b | UK£20.4b | UK£743.6m | 24x | 38.7x | 1.4x |
| Sat, 24 Jun 2023 | UK£28.2b | UK£20.4b | UK£786.3m | 23.2x | 35.8x | 1.4x |
35.8x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | 0.74% | |
| Industrials | 1.12% | |
| Commercial Services | 0.29% | |
| Diversified Support Services | 2.45% | |
| Environmental and Facilities Services | 0.036% | |
| 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£4.51 | 1.3% +UK£151.0m | 27.9% | PE52.6x | |
| JSG Johnson Service Group | UK£1.56 | 4.1% +UK£23.1m | 8.2% | PE16x | |
| MER Mears Group | UK£4.09 | 3.8% +UK£12.7m | 1.6% | PE7.5x | |
| HSP Hargreaves Services | UK£8.12 | 3.3% +UK£8.0m | 22.3% | PE11.4x | |
| TENG Ten Lifestyle Group | UK£0.92 | 1.9% +UK£1.7m | 50.0% | PE64x |