Transfer Group AB (publ)'s (NGM:TRNSF) Shares Leap 26% Yet They're Still Not Telling The Full Story
Jul 24
Swedish (OMX) Commercial Services Industry Analysis
UpdatedAug 07, 2024
DataAggregated Company Financials
Companies21
- 7D-5.0%
- 3M6.7%
- 1Y11.7%
- YTD9.7%
Over the last 7 days, the Commercial Services industry has dropped 5.0%, driven by a pullback from Securitas of 4.4%. Meanwhile, Irisity actually outperformed within the industry, gaining 9.1% in the last week. This takes the industry's 12 month performance to a gain of 12%. Looking forward, earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the Swedish Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 07 Aug 2024 | SEK 142.6b | SEK 279.0b | SEK 3.7b | 21x | 38.3x | 0.5x |
| Fri, 05 Jul 2024 | SEK 137.1b | SEK 276.8b | SEK 4.9b | 22x | 27.7x | 0.5x |
| Sun, 02 Jun 2024 | SEK 142.0b | SEK 276.9b | SEK 4.9b | 22.3x | 29.1x | 0.5x |
| Tue, 30 Apr 2024 | SEK 135.3b | SEK 275.0b | SEK 4.8b | 20.5x | 28.1x | 0.5x |
| Thu, 28 Mar 2024 | SEK 139.5b | SEK 274.0b | SEK 5.1b | 21.6x | 27.2x | 0.5x |
| Sat, 24 Feb 2024 | SEK 135.0b | SEK 273.8b | SEK 5.1b | 23.3x | 26.7x | 0.5x |
| Mon, 22 Jan 2024 | SEK 128.2b | SEK 271.4b | SEK 1.8b | 21x | 72.1x | 0.5x |
| Wed, 20 Dec 2023 | SEK 130.1b | SEK 271.3b | SEK 1.8b | 22.4x | 73.3x | 0.5x |
| Fri, 17 Nov 2023 | SEK 121.2b | SEK 270.8b | SEK 1.7b | 19.5x | 69.5x | 0.4x |
| Sun, 15 Oct 2023 | SEK 124.6b | SEK 265.0b | SEK 3.3b | 16.4x | 37.7x | 0.5x |
| Tue, 12 Sep 2023 | SEK 122.8b | SEK 265.1b | SEK 3.3b | 20.3x | 36.9x | 0.5x |
| Thu, 10 Aug 2023 | SEK 128.2b | SEK 264.5b | SEK 3.3b | 14.5x | 38.5x | 0.5x |
| Sat, 08 Jul 2023 | SEK 131.5b | SEK 252.9b | SEK 3.5b | 14.8x | 38x | 0.5x |
| Mon, 05 Jun 2023 | SEK 131.6b | SEK 252.8b | SEK 3.5b | 15.1x | 38.1x | 0.5x |
| Wed, 03 May 2023 | SEK 139.6b | SEK 240.1b | SEK 3.2b | 16.1x | 44.1x | 0.6x |
| Fri, 31 Mar 2023 | SEK 146.0b | SEK 240.1b | SEK 3.7b | 16.2x | 39.1x | 0.6x |
| Sun, 26 Feb 2023 | SEK 153.6b | SEK 255.1b | SEK 4.2b | 16.2x | 36.4x | 0.6x |
| Tue, 24 Jan 2023 | SEK 157.4b | SEK 240.1b | SEK 8.1b | 15.3x | 19.5x | 0.7x |
| Thu, 22 Dec 2022 | SEK 141.7b | SEK 239.4b | SEK 8.1b | 14.2x | 17.6x | 0.6x |
| Sat, 19 Nov 2022 | SEK 148.6b | SEK 239.2b | SEK 8.0b | 14.3x | 18.5x | 0.6x |
| Mon, 17 Oct 2022 | SEK 136.9b | SEK 224.7b | SEK 10.1b | 15.8x | 13.5x | 0.6x |
| Wed, 14 Sep 2022 | SEK 135.7b | SEK 224.7b | SEK 10.1b | 17.2x | 13.4x | 0.6x |
| Fri, 12 Aug 2022 | SEK 145.0b | SEK 224.2b | SEK 10.1b | 16.8x | 14.4x | 0.6x |
| Sun, 10 Jul 2022 | SEK 135.3b | SEK 215.5b | SEK 9.8b | 15.4x | 13.9x | 0.6x |
| Tue, 07 Jun 2022 | SEK 141.2b | SEK 215.4b | SEK 9.8b | 15x | 14.5x | 0.7x |
| Thu, 05 May 2022 | SEK 146.5b | SEK 210.8b | SEK 9.5b | 16.4x | 15.5x | 0.7x |
| Sat, 02 Apr 2022 | SEK 153.9b | SEK 208.5b | SEK 9.6b | 19.7x | 16.1x | 0.7x |
| Mon, 28 Feb 2022 | SEK 154.4b | SEK 206.2b | SEK 9.6b | 17.5x | 16.1x | 0.7x |
| Wed, 26 Jan 2022 | SEK 154.2b | SEK 201.8b | SEK 8.2b | 21x | 18.8x | 0.8x |
| Fri, 24 Dec 2021 | SEK 166.4b | SEK 201.7b | SEK 8.2b | 20.8x | 20.3x | 0.8x |
| Sun, 21 Nov 2021 | SEK 171.2b | SEK 201.6b | SEK 8.2b | 20.9x | 20.8x | 0.8x |
| Tue, 19 Oct 2021 | SEK 169.7b | SEK 199.7b | SEK 8.3b | 19.2x | 20.5x | 0.8x |
| Thu, 16 Sep 2021 | SEK 171.6b | SEK 199.6b | SEK 8.3b | 18.5x | 20.7x | 0.9x |
| Sat, 14 Aug 2021 | SEK 179.5b | SEK 199.6b | SEK 8.3b | 18.2x | 21.6x | 0.9x |
Price to Earnings Ratio
21.6x
Current Industry PE
- Investors are optimistic on the Swedish Commercial Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 38.3x which is higher than its 3-year average PE of 28.3x.
- The industry is trading close to its 3-year average PS ratio of 0.61x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have declined 23% per year over the last three years.
- Meanwhile revenues for these companies have grown 12% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Swedish Industrials industry?
| SE Market | -7.16% | |
| Industrials | -7.52% | |
| Commercial Services | -5.01% | |
| Commercial Printing | 0.25% | |
| Security and Alarm Services | -4.00% | |
| Environmental and Facilities Services | -5.66% | |
| Diversified Support Services | -7.22% | |
| Office Services and Supplies | -7.28% | |
Industry PE
- Investors are most optimistic about the Security and Alarm Services industry which is trading above its 3-year average PE ratio of 18.2x.
- Analysts are expecting annual earnings growth of 35.9%, which is higher than its past year's earnings decline of 66.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified Support Services industry, expecting annual earnings growth of 38% over the next 5 years.
- This is better than its past earnings decline of 5.3% per year.
- In contrast, the Office Services and Supplies industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| IRIS Irisity | SEK 3.60 | 9.1% +SEK 20.2m | -28.0% | PS1.6x | |
| TRNSF Transfer Group | SEK 0.28 | 9.1% +SEK 7.3m | 60.1% | PE5.7x | |
| RO Rolling Optics Holding | SEK 0.81 | 2.5% +SEK 4.5m | -15.4% | PS4.8x | |
| SECI SECITS Holding | SEK 0.039 | 9.4% +SEK 1.5m | -93.7% | PS0.2x | |
| SAXG Saxlund Group | SEK 0.019 | 3.3% +SEK 384.6k | -86.9% | PS0.04x |
