What Does Cintas Corporation's (NASDAQ:CTAS) Share Price Indicate?
Nov 20
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U.S. Commercial Services Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies161
- 7D-2.2%
- 3M4.4%
- 1Y33.1%
- YTD26.7%
Over the last 7 days, the Commercial Services industry has dropped 2.2%, driven by pullbacks in Waste Management and Cintas of 2.9% and 2.5%, respectively. In the past year, the industry has gained 33%. Earnings are forecast to grow by 15% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | US$503.3b | US$149.3b | US$11.7b | 30.6x | 42.9x | 3.4x |
| Sat, 19 Oct 2024 | US$501.1b | US$151.0b | US$10.4b | 27.8x | 48.1x | 3.3x |
| Mon, 16 Sep 2024 | US$491.1b | US$151.0b | US$10.3b | 26.5x | 47.7x | 3.3x |
| Wed, 14 Aug 2024 | US$470.6b | US$150.9b | US$10.4b | 26.8x | 45.3x | 3.1x |
| Fri, 12 Jul 2024 | US$468.7b | US$150.1b | US$9.9b | 26.6x | 47.3x | 3.1x |
| Sun, 09 Jun 2024 | US$451.3b | US$150.1b | US$9.8b | 25.5x | 46x | 3x |
| Tue, 07 May 2024 | US$457.6b | US$150.2b | US$10.0b | 27.3x | 45.7x | 3x |
| Thu, 04 Apr 2024 | US$458.3b | US$149.2b | US$9.5b | 27.6x | 48x | 3.1x |
| Sat, 02 Mar 2024 | US$439.7b | US$158.9b | US$9.6b | 26.4x | 46x | 2.8x |
| Mon, 29 Jan 2024 | US$414.0b | US$150.5b | US$9.8b | 25.8x | 42.3x | 2.8x |
| Wed, 27 Dec 2023 | US$410.6b | US$150.3b | US$9.8b | 27.6x | 42x | 2.7x |
| Fri, 24 Nov 2023 | US$390.4b | US$150.0b | US$9.6b | 25.5x | 40.6x | 2.6x |
| Sun, 22 Oct 2023 | US$361.0b | US$147.8b | US$10.2b | 24.8x | 35.4x | 2.4x |
| Tue, 19 Sep 2023 | US$356.6b | US$140.0b | US$9.2b | 27.5x | 38.9x | 2.5x |
| Thu, 17 Aug 2023 | US$353.4b | US$139.7b | US$9.1b | 24.9x | 38.8x | 2.5x |
| Sat, 15 Jul 2023 | US$365.0b | US$136.9b | US$9.0b | 26.9x | 40.6x | 2.7x |
| Mon, 12 Jun 2023 | US$350.8b | US$136.8b | US$7.1b | 27.2x | 49.4x | 2.6x |
| Wed, 10 May 2023 | US$346.0b | US$136.2b | US$7.3b | 23.7x | 47.2x | 2.5x |
| Fri, 07 Apr 2023 | US$331.8b | US$134.6b | US$7.6b | 22.7x | 43.4x | 2.5x |
| Sun, 05 Mar 2023 | US$320.1b | US$132.9b | US$8.3b | 24.1x | 38.6x | 2.4x |
| Tue, 31 Jan 2023 | US$316.1b | US$131.5b | US$7.7b | 22.2x | 41.2x | 2.4x |
| Thu, 29 Dec 2022 | US$312.2b | US$131.4b | US$7.6b | 20.2x | 40.9x | 2.4x |
| Sat, 26 Nov 2022 | US$329.6b | US$130.6b | US$7.6b | 19.7x | 43.5x | 2.5x |
| Mon, 24 Oct 2022 | US$306.9b | US$128.2b | US$7.0b | 20.1x | 43.9x | 2.4x |
| Wed, 21 Sep 2022 | US$319.9b | US$127.4b | US$6.9b | 16.9x | 46.5x | 2.5x |
| Fri, 19 Aug 2022 | US$341.1b | US$126.8b | US$6.8b | 20.8x | 50x | 2.7x |
| Sun, 17 Jul 2022 | US$302.0b | US$122.2b | US$7.6b | 22.3x | 39.5x | 2.5x |
| Tue, 14 Jun 2022 | US$289.8b | US$121.8b | US$7.5b | 21.1x | 38.8x | 2.4x |
| Thu, 12 May 2022 | US$300.4b | US$122.1b | US$7.5b | 22.5x | 40.2x | 2.5x |
| Sat, 09 Apr 2022 | US$333.7b | US$115.7b | US$6.6b | 26.3x | 50.8x | 2.9x |
| Mon, 07 Mar 2022 | US$325.0b | US$119.7b | US$6.2b | 25.7x | 52.7x | 2.7x |
| Wed, 02 Feb 2022 | US$321.7b | US$114.6b | US$5.9b | 25.1x | 54.2x | 2.8x |
| Fri, 31 Dec 2021 | US$360.7b | US$114.0b | US$6.2b | 27.5x | 58x | 3.2x |
| Sun, 28 Nov 2021 | US$360.2b | US$113.5b | US$6.2b | 30x | 57.9x | 3.2x |
Price to Earnings Ratio
57.9x
Current Industry PE
- Investors are relatively neutral on the American Commercial Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 45.0x.
- The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have grown 24% per year over the last three years.
- Revenues for these companies have grown 9.6% 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 | -1.19% | |
| Industrials | -2.18% | |
| Commercial Services | -2.21% | |
| Security and Alarm Services | 1.91% | |
| Diversified Support Services | -2.03% | |
| Environmental and Facilities Services | -2.28% | |
| Office Services and Supplies | -3.78% | |
| Commercial Printing | -7.11% | |
Industry PE
- Investors are most optimistic about the Security and Alarm Services industry which is trading above its 3-year average PE ratio of 19.3x.
- Analysts are expecting annual earnings growth of 65.5%, which is higher than its past year's earnings decline of 24.9% per year.
- Investors are most pessimistic about the Office Services and Supplies industry, which is trading below its 3-year average of 41.8x.
Forecasted Growth
- Analysts are most optimistic on the Security and Alarm Services industry, expecting annual earnings growth of 65% over the next 5 years.
- This is better than its past earnings decline of 25% per year.
- In contrast, the Diversified Support Services industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| RBA RB Global | US$93.60 | 2.7% +US$450.0m | 50.6% | PE50.7x | |
| GEO GEO Group | US$28.40 | 11.5% +US$398.7m | 190.4% | PE107.1x | |
| ACVA ACV Auctions | US$21.46 | 5.4% +US$182.7m | 40.5% | PS6x | |
| CECO CECO Environmental | US$29.69 | 15.3% +US$138.2m | 49.1% | PE86.8x | |
| CXW CoreCivic | US$22.01 | 2.3% +US$54.0m | 54.5% | PE31.9x |
