Italian (Borsa Italiana) Professional Services Industry Analysis

Industry Valuation and Performance

Has the Italian Professional Services Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 04 Aug 2024	€971.6m	€624.5m	€38.7m	24.3x	25.1x	1.6x
Tue, 02 Jul 2024	€1.2b	€1.4b	€47.8m	22.8x	25.8x	0.9x
Thu, 30 May 2024	€1.3b	€1.4b	€45.4m	20.3x	28.4x	0.9x
Sat, 27 Apr 2024	€1.3b	€1.3b	€49.5m	19.8x	25.5x	0.9x
Mon, 25 Mar 2024	€1.3b	€1.3b	€51.9m	16.5x	25.8x	1x
Wed, 21 Feb 2024	€1.3b	€1.3b	€49.2m	17.3x	27.1x	1x
Fri, 19 Jan 2024	€1.3b	€1.3b	€49.2m	17.9x	27.3x	1x
Sun, 17 Dec 2023	€1.3b	€1.3b	€49.2m	16.7x	26.7x	1x
Tue, 14 Nov 2023	€1.1b	€1.3b	€51.9m	16.5x	22.1x	0.9x
Thu, 12 Oct 2023	€1.1b	€1.3b	€52.1m	16.3x	20.9x	0.8x
Sat, 09 Sep 2023	€1.1b	€1.3b	€52.6m	22.9x	21.6x	0.9x
Mon, 07 Aug 2023	€1.2b	€1.3b	€54.2m	19.7x	22.1x	0.9x
Wed, 05 Jul 2023	€1.1b	€1.3b	€56.5m	19.9x	20.1x	0.9x
Fri, 02 Jun 2023	€1.2b	€1.3b	€56.5m	19x	20.7x	0.9x
Sun, 30 Apr 2023	€1.2b	€1.3b	€57.0m	21.9x	21.4x	0.9x
Tue, 28 Mar 2023	€1.3b	€1.3b	€58.2m	27.3x	22.4x	1x
Thu, 23 Feb 2023	€1.5b	€1.4b	€65.9m	26.2x	22.4x	1.1x
Sat, 21 Jan 2023	€1.5b	€1.4b	€65.9m	27.3x	23.3x	1.1x
Mon, 19 Dec 2022	€1.4b	€1.4b	€65.9m	24.8x	21.1x	1x
Wed, 16 Nov 2022	€1.4b	€1.4b	€65.8m	21.5x	21.5x	1x
Fri, 14 Oct 2022	€1.2b	€1.4b	€64.0m	21.2x	18.2x	0.9x
Sun, 11 Sep 2022	€1.3b	€1.4b	€63.2m	25.1x	20.1x	0.9x
Tue, 09 Aug 2022	€1.4b	€1.3b	€60.3m	28.4x	23.8x	1.1x
Thu, 07 Jul 2022	€1.4b	€1.3b	€56.4m	25.8x	24.9x	1.1x
Sat, 04 Jun 2022	€1.6b	€1.3b	€58.9m	21.7x	26.8x	1.2x
Mon, 02 May 2022	€1.5b	€25.2b	€1.2b	23.7x	1.3x	0.06x
Wed, 30 Mar 2022	€1.7b	€25.2b	€1.2b	28.4x	1.5x	0.07x
Fri, 25 Feb 2022	€1.7b	€25.1b	€1.2b	31.5x	1.5x	0.07x
Sun, 23 Jan 2022	€1.9b	€1.1b	€71.6m	37.3x	26.6x	1.7x
Tue, 21 Dec 2021	€2.2b	€1.1b	€71.7m	44.1x	30.5x	2x
Thu, 18 Nov 2021	€2.1b	€1.1b	€70.8m	45.2x	29.1x	1.9x
Sat, 16 Oct 2021	€2.1b	€1.0b	€71.5m	41.4x	29.2x	2.1x
Mon, 13 Sep 2021	€2.2b	€1.0b	€71.5m	42.6x	30.7x	2.2x
Wed, 11 Aug 2021	€1.9b	€1.0b	€71.5m	33.8x	26.4x	1.9x

Current Industry PE

Investors are optimistic on the Italian Professional Services industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 28.3x which is higher than its 3-year average PE of 22.3x.

The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.5x.

Past Earnings Growth

The earnings for companies in the Professional Services industry have declined 21% per year over the last three years,
Revenues have also declined 14% 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 Italian Industrials industry?


IT Market	-5.42%
Industrials	-5.74%
Professional Services	-3.46%
Research and Consulting Services	-3.37%
HR Services	-12.93%

Industry PE

Investors are most optimistic about the HR Services industry which is trading above its 3-year average PE ratio of 14.1x.

It looks like they are confident that earnings will grow faster in the future than they have historically.

Investors are most pessimistic about the Research and Consulting Services industry, which is trading close to its 3-year average of 27.7x.

Forecasted Growth

Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 33% over the next 5 years.
This is better than its past earnings decline of 30% per year.