Narrative Update • May 19

Over the last 7 days, the Commercial Services industry has dropped 5.4%, driven by a pullback from Rentokil Initial of 6.5%. On the other hand Johnson Service Group is actually up 5.1%. In the past year, the industry has gained 20%. As for the next few years, earnings are expected to grow by 22% 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 |
|---|---|---|---|---|---|---|
| Thu, 04 Jun 2026 | UK£17.9b | UK£18.1b | UK£565.1m | 23.1x | 31.6x | 1x |
| Sat, 02 May 2026 | UK£19.5b | UK£18.1b | UK£558.6m | 21x | 34.9x | 1.1x |
| Mon, 30 Mar 2026 | UK£18.4b | UK£18.2b | UK£565.6m | 20.9x | 32.5x | 1x |
| Wed, 25 Feb 2026 | UK£18.5b | UK£18.5b | UK£520.3m | 26.4x | 35.5x | 1x |
| Fri, 23 Jan 2026 | UK£19.3b | UK£18.5b | UK£514.0m | 25.3x | 37.6x | 1x |
| Sun, 21 Dec 2025 | UK£18.1b | UK£18.4b | UK£492.4m | 25.7x | 36.8x | 1x |
| Tue, 18 Nov 2025 | UK£16.4b | UK£17.9b | UK£482.3m | 23.6x | 34.1x | 0.9x |
| Thu, 16 Oct 2025 | UK£16.4b | UK£17.9b | UK£482.0m | 24.6x | 34x | 0.9x |
| Sat, 13 Sep 2025 | UK£15.6b | UK£18.1b | UK£487.3m | 26.5x | 32x | 0.9x |
| Mon, 11 Aug 2025 | UK£15.7b | UK£18.1b | UK£485.9m | 27.2x | 32.2x | 0.9x |
| Wed, 09 Jul 2025 | UK£14.6b | UK£18.0b | UK£547.3m | 28.5x | 26.7x | 0.8x |
| Fri, 06 Jun 2025 | UK£15.2b | UK£19.2b | UK£599.3m | 27.7x | 25.4x | 0.8x |
| Sun, 04 May 2025 | UK£15.3b | UK£19.2b | UK£596.3m | 25.6x | 25.7x | 0.8x |
| Tue, 01 Apr 2025 | UK£14.4b | UK£19.2b | UK£589.1m | 26.4x | 24.5x | 0.8x |
| Thu, 27 Feb 2025 | UK£16.0b | UK£18.9b | UK£751.6m | 26.7x | 21.2x | 0.8x |
| Sat, 25 Jan 2025 | UK£15.1b | UK£19.0b | UK£752.2m | 24.9x | 20.1x | 0.8x |
| Mon, 23 Dec 2024 | UK£15.6b | UK£18.9b | UK£751.9m | 25.6x | 20.7x | 0.8x |
| Wed, 20 Nov 2024 | UK£15.7b | UK£18.6b | UK£754.6m | 19.3x | 20.8x | 0.8x |
| Fri, 18 Oct 2024 | UK£15.3b | UK£18.5b | UK£767.8m | 18.2x | 19.9x | 0.8x |
| Sun, 15 Sep 2024 | UK£15.4b | UK£18.5b | UK£762.3m | 20.2x | 20.2x | 0.8x |
| Tue, 13 Aug 2024 | UK£17.7b | UK£18.5b | UK£750.7m | 18x | 23.6x | 1x |
| Thu, 11 Jul 2024 | UK£17.9b | UK£18.5b | UK£763.6m | 16.2x | 23.4x | 1x |
| Sat, 08 Jun 2024 | UK£16.7b | UK£18.6b | UK£768.4m | 14.9x | 21.7x | 0.9x |
| Mon, 06 May 2024 | UK£16.3b | UK£18.5b | UK£741.6m | 14.7x | 21.9x | 0.9x |
| Wed, 03 Apr 2024 | UK£19.3b | UK£18.6b | UK£772.1m | 15.5x | 25x | 1x |
| Fri, 01 Mar 2024 | UK£18.4b | UK£17.9b | UK£713.0m | 16.1x | 25.9x | 1x |
| Sun, 28 Jan 2024 | UK£23.3b | UK£21.8b | UK£900.5m | 17.6x | 25.9x | 1.1x |
| Tue, 26 Dec 2023 | UK£23.9b | UK£21.8b | UK£903.8m | 20.1x | 26.5x | 1.1x |
| Thu, 23 Nov 2023 | UK£24.2b | UK£21.9b | UK£834.0m | 22.5x | 29x | 1.1x |
| Sat, 21 Oct 2023 | UK£24.0b | UK£21.9b | UK£850.2m | 20.1x | 28.3x | 1.1x |
| Mon, 18 Sep 2023 | UK£27.8b | UK£21.9b | UK£850.3m | 23.4x | 32.7x | 1.3x |
| Wed, 16 Aug 2023 | UK£27.6b | UK£21.8b | UK£884.5m | 21.6x | 31.2x | 1.3x |
| Fri, 14 Jul 2023 | UK£27.9b | UK£20.4b | UK£743.4m | 23x | 37.5x | 1.4x |
| Sun, 11 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£1.50 | 0.5% +UK£3.0m | 5.3% | PE15.3x | |
| RST Restore | UK£2.59 | 0.4% +UK£1.4m | -2.3% | PE251.5x | |
| MYX MYCELX Technologies | UK£0.62 | 4.2% +UK£609.1k | 125.5% | PE60.7x | |
| TENG Ten Lifestyle Group | UK£0.93 | 0.5% +UK£481.6k | 47.6% | PE64.4x | |
| WATR Water Intelligence | UK£2.44 | 0.6% +UK£252.3k | -34.1% | PE12.5x |