A Look At The Intrinsic Value Of Republic Services, Inc. (NYSE:RSG)
Nov 24
U.S. Commercial Services Industry Analysis
UpdatedNov 28, 2023
DataAggregated Company Financials
Companies193
- 7D0.6%
- 3M5.8%
- 1Y11.6%
- YTD14.6%
Over the last 7 days, the Commercial Services industry has remained flat, although notably Veralto gained 3.9%. The past year has been better, since the industry has gained 12% in that time. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the U.S. Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 Nov 2023 | US$393.1b | US$150.0b | US$9.6b | 25.7x | 41x | 2.6x |
| Thu, 26 Oct 2023 | US$365.2b | US$148.0b | US$10.3b | 23.9x | 35.6x | 2.5x |
| Sat, 23 Sep 2023 | US$348.2b | US$140.0b | US$9.2b | 26.4x | 37.9x | 2.5x |
| Mon, 21 Aug 2023 | US$350.2b | US$139.7b | US$9.1b | 25.1x | 38.5x | 2.5x |
| Wed, 19 Jul 2023 | US$365.0b | US$136.9b | US$9.0b | 28x | 40.6x | 2.7x |
| Fri, 16 Jun 2023 | US$352.2b | US$136.8b | US$7.1b | 25.9x | 49.5x | 2.6x |
| Sun, 14 May 2023 | US$350.1b | US$136.8b | US$7.1b | 25x | 49.4x | 2.6x |
| Tue, 11 Apr 2023 | US$332.1b | US$134.6b | US$7.7b | 23.5x | 43.2x | 2.5x |
| Thu, 09 Mar 2023 | US$317.6b | US$133.0b | US$8.3b | 23.6x | 38.5x | 2.4x |
| Sat, 04 Feb 2023 | US$321.3b | US$132.1b | US$7.9b | 23.1x | 40.5x | 2.4x |
| Mon, 02 Jan 2023 | US$313.9b | US$131.4b | US$7.6b | 20.4x | 41.1x | 2.4x |
| Wed, 30 Nov 2022 | US$326.4b | US$130.6b | US$7.6b | 20.1x | 43.1x | 2.5x |
| Fri, 28 Oct 2022 | US$310.9b | US$124.6b | US$7.0b | 21x | 44.4x | 2.5x |
| Sun, 25 Sep 2022 | US$308.3b | US$127.5b | US$6.9b | 15.8x | 44.9x | 2.4x |
| Tue, 23 Aug 2022 | US$335.6b | US$126.8b | US$6.8b | 20.2x | 49.2x | 2.6x |
| Thu, 21 Jul 2022 | US$308.7b | US$122.2b | US$7.6b | 24.7x | 40.4x | 2.5x |
| Sat, 18 Jun 2022 | US$280.1b | US$121.8b | US$7.5b | 19.9x | 37.6x | 2.3x |
| Mon, 16 May 2022 | US$307.1b | US$122.1b | US$7.4b | 22.9x | 41.4x | 2.5x |
| Wed, 13 Apr 2022 | US$327.0b | US$115.7b | US$6.6b | 25.1x | 49.7x | 2.8x |
| Fri, 11 Mar 2022 | US$318.3b | US$120.1b | US$6.2b | 25.4x | 51.6x | 2.6x |
| Sun, 06 Feb 2022 | US$317.0b | US$117.7b | US$6.1b | 23.9x | 51.9x | 2.7x |
| Tue, 04 Jan 2022 | US$356.7b | US$114.0b | US$6.2b | 27.4x | 57.4x | 3.1x |
| Thu, 02 Dec 2021 | US$354.9b | US$113.5b | US$6.2b | 26.4x | 57x | 3.1x |
| Sat, 30 Oct 2021 | US$346.8b | US$116.1b | US$6.8b | 37.4x | 50.9x | 3x |
| Mon, 27 Sep 2021 | US$341.0b | US$115.8b | US$6.6b | 33.3x | 51.7x | 2.9x |
| Wed, 25 Aug 2021 | US$325.1b | US$109.1b | US$6.7b | 28.7x | 48.9x | 3x |
| Thu, 01 Jul 2021 | US$310.6b | US$108.5b | US$6.6b | 27x | 46.8x | 2.9x |
| Sun, 04 Apr 2021 | US$281.0b | US$102.3b | US$4.6b | 34.7x | 61x | 2.7x |
| Wed, 06 Jan 2021 | US$270.8b | US$104.0b | US$3.3b | 27.2x | 83.3x | 2.6x |
Price to Earnings Ratio
81.9x
Current Industry PE
- Investors are pessimistic on the American Commercial 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 41.0x which is lower than its 3-year average PE of 50.5x.
- The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have grown 44% per year over the last three years.
- Revenues for these companies have grown 12% 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 U.S. Industrials industry?
| US Market | 0.14% | |
| Industrials | 0.22% | |
| Commercial Services | 0.59% | |
| Security and Alarm Services | 3.55% | |
| Diversified Support Services | 0.81% | |
| Environmental and Facilities Services | 0.46% | |
| Office Services and Supplies | -0.28% | |
| Commercial Printing | -1.38% | |
Industry PE
- Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 44.4x.
- Analysts are expecting annual earnings growth of 65.8%, which is higher than its past year's earnings decline of 2.8% per year.
- Investors are most pessimistic about the Security and Alarm Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.4x.
Forecasted Growth
- Analysts are most optimistic on the Office Services and Supplies industry, expecting annual earnings growth of 66% over the next 5 years.
- This is better than its past earnings decline of 2.8% per year.
- In contrast, the Environmental and Facilities Services 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 | |
|---|---|---|---|---|---|
| VLTO Veralto | US$73.50 | 3.9% +US$674.9m | n/a | PE21.2x | |
| CTAS Cintas | US$554.76 | 0.7% +US$399.3m | 22.1% | PE41.1x | |
| CPRT Copart | US$51.20 | 0.7% +US$338.5m | 57.4% | PE37.1x | |
| RBA RB Global | US$63.53 | 2.6% +US$293.6m | 17.2% | PE80.2x | |
| ROL Rollins | US$40.27 | 1.3% +US$242.0m | 1.2% | PE47.5x |
