Investors Appear Satisfied With Ace Integrated Solutions Limited's (NSE:ACEINTEG) Prospects
Nov 26
Indian (NIFTY) Professional Services Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies31
- 7D0.6%
- 3M2.9%
- 1Y-27.7%
- YTD-28.2%
The Professional Services industry has been flat over the last week, but Quess has lost 6.4%. As for the longer term, the industry has declined 28% in the last year. As for the next few years, earnings are expected to grow by 17% per annum.
Industry Valuation and Performance
Has the Indian Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | ₹727.8b | ₹350.7b | ₹22.5b | 24.3x | 32.3x | 2.1x |
| Wed, 26 Oct 2022 | ₹718.0b | ₹334.6b | ₹21.8b | 33.4x | 32.9x | 2.1x |
| Fri, 23 Sep 2022 | ₹719.9b | ₹330.6b | ₹21.2b | 36.3x | 33.9x | 2.2x |
| Sun, 21 Aug 2022 | ₹736.0b | ₹330.5b | ₹21.2b | 32.6x | 34.7x | 2.2x |
| Tue, 19 Jul 2022 | ₹642.0b | ₹312.0b | ₹20.2b | 36.1x | 31.8x | 2.1x |
| Thu, 16 Jun 2022 | ₹631.8b | ₹307.0b | ₹19.2b | 37.1x | 32.9x | 2.1x |
| Sat, 14 May 2022 | ₹677.4b | ₹290.8b | ₹17.6b | 27.1x | 38.5x | 2.3x |
| Mon, 11 Apr 2022 | ₹885.2b | ₹288.1b | ₹16.9b | 35.3x | 52.3x | 3.1x |
| Wed, 09 Mar 2022 | ₹798.2b | ₹288.1b | ₹16.9b | 34.9x | 47.2x | 2.8x |
| Fri, 04 Feb 2022 | ₹849.7b | ₹275.4b | ₹15.8b | 31.3x | 53.7x | 3.1x |
| Sun, 02 Jan 2022 | ₹983.6b | ₹267.7b | ₹15.1b | 23.5x | 65x | 3.7x |
| Tue, 30 Nov 2021 | ₹960.2b | ₹261.5b | ₹15.2b | 22.6x | 63.3x | 3.7x |
| Thu, 28 Oct 2021 | ₹775.2b | ₹250.7b | ₹14.4b | 31.6x | 53.7x | 3.1x |
| Sat, 25 Sep 2021 | ₹796.2b | ₹247.5b | ₹13.8b | 31.3x | 57.7x | 3.2x |
| Mon, 23 Aug 2021 | ₹670.2b | ₹248.2b | ₹13.7b | 41.6x | 48.9x | 2.7x |
| Sat, 10 Jul 2021 | ₹573.5b | ₹248.2b | ₹13.7b | 34.8x | 41.8x | 2.3x |
| Fri, 02 Apr 2021 | ₹522.1b | ₹237.4b | ₹12.4b | 25.9x | 42.1x | 2.2x |
| Mon, 04 Jan 2021 | ₹452.8b | ₹237.1b | ₹6.2b | 24.4x | 73.2x | 1.9x |
| Thu, 08 Oct 2020 | ₹346.3b | ₹240.4b | ₹7.1b | 16.6x | 48.8x | 1.4x |
| Wed, 01 Jul 2020 | ₹292.8b | ₹247.9b | ₹8.7b | 16.9x | 33.5x | 1.2x |
| Sat, 04 Apr 2020 | ₹254.1b | ₹252.1b | ₹10.2b | 25.2x | 25x | 1x |
| Tue, 07 Jan 2020 | ₹353.8b | ₹242.7b | ₹18.0b | 11.7x | 19.7x | 1.5x |
Price to Earnings Ratio
19.8x
Current Industry PE
- Investors are pessimistic on the Indian Professional Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 32.3x which is lower than its 3-year average PE of 42.6x.
- The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Professional Services industry have grown 8.5% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Industrials industry?
| IN Market | 0.87% | |
| Industrials | 0.53% | |
| Professional Services | 0.61% | |
| Research and Consulting Services | 1.54% | |
| HR Services | -4.26% | |
Industry PE
- Investors are most optimistic about the Research and Consulting Services industry which is trading above its 3-year average PE ratio of 29.9x.
- Analysts are expecting annual earnings growth of 14.6%, which is lower than the prior year's growth of 29.3% per year.
- Investors are most pessimistic about the HR Services industry, which is trading below its 3-year average of 53.4x.
Forecasted Growth
- Analysts are most optimistic on the HR Services industry, expecting annual earnings growth of 30% over the next 5 years.
- However this is lower than its past earnings growth rate of 96% per year.
- In contrast, the Research and Consulting Services industry is expected to see its earnings grow by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LTTS L&T Technology Services | ₹3.89k | 2.1% +₹8.6b | -26.4% | PE38.4x | |
| RITES RITES | ₹390.75 | 1.4% +₹1.3b | 42.4% | PE17.2x | |
| SECL Salasar Exteriors And Contour | ₹403.75 | 5.5% +₹215.7m | 1,235.2% | PE111.1x | |
| AARVI Aarvi Encon | ₹169.00 | 8.1% +₹187.8m | 182.4% | PE16.8x | |
| SECURCRED SecUR Credentials | ₹103.45 | 9.1% +₹88.8m | 538.0% | PE22.6x |
