Has the U.S. Diversified Support Services Industry valuation changed over the past few years?

Investors are more pessimistic on the 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 24.4x which is lower than its 3-year average PE of 32.4x.

How does U.S. Diversified Support Services compare with similar industries?

There is insufficient data on the sub-industries of this industry.

U.S. Diversified Support Services Industry Analysis

Date	Market Cap	Revenue	Earnings	PE
Fri, 27 May 2022	US$93.9b	US$27.1b	US$2.3b	24.4x
Sun, 24 Apr 2022	US$101.7b	US$26.2b	US$2.0b	25.3x
Tue, 22 Mar 2022	US$105.1b	US$25.9b	US$1.9b	27.9x
Thu, 17 Feb 2022	US$103.1b	US$25.4b	US$2.1b	28.7x
Sat, 15 Jan 2022	US$113.4b	US$25.0b	US$2.1b	32.5x
Mon, 13 Dec 2021	US$131.2b	US$24.8b	US$2.1b	35.5x
Wed, 10 Nov 2021	US$116.3b	US$24.5b	US$2.6b	37x
Fri, 08 Oct 2021	US$109.3b	US$24.1b	US$2.6b	35.7x
Sun, 05 Sep 2021	US$104.8b	US$22.7b	US$2.6b	36.9x
Tue, 03 Aug 2021	US$105.3b	US$22.7b	US$2.6b	35.9x
Fri, 07 May 2021	US$90.0b	US$20.2b	US$1.9b	38.5x
Mon, 08 Feb 2021	US$77.7b	US$20.1b	US$1.4b	36.7x
Sun, 01 Nov 2020	US$74.2b	US$20.6b	US$1.4b	35.9x
Wed, 05 Aug 2020	US$67.5b	US$21.0b	US$1.3b	34.4x
Sat, 09 May 2020	US$55.2b	US$21.6b	US$1.7b	24.3x
Fri, 31 Jan 2020	US$68.8b	US$21.5b	US$2.1b	31x
Mon, 04 Nov 2019	US$63.5b	US$21.2b	US$2.0b	31.9x
Thu, 08 Aug 2019	US$60.7b	US$20.8b	US$2.0b	30x


US Market	1.04%
Industrials	0.33%
Commercial Services	2.12%
Diversified Support Services	1.85%
Security and Alarm Services	6.36%
Environmental and Facilities Services	2.20%
Office Services and Supplies	1.82%
Commercial Printing	0.35%

Company	Last Price	7D	1Y	Valuation
CTAS Cintas	US$383.43	6.9% +US$2.5b	8.3%	PS32.6x
CPRT Copart	US$114.41	3.2% +US$833.6m	-11.0%	PS25.1x
DRVN Driven Brands Holdings	US$28.62	8.5% +US$376.9m	-3.4%	PS76x
IAA IAA	US$39.23	5.6% +US$278.7m	-31.1%	PS17.3x
KAR KAR Auction Services	US$15.66	7.0% +US$124.0m	-12.8%	PS0.8x

May 21

Quhuo Announces Receipt of Nasdaq Notification Regarding Late Filing of Annual Report on Form 20-F

Quhuo Limited announced that it received a notification letter dated May 18, 2022 (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (“Nasdaq”), indicating that the Company is no longer in compliance with the Nasdaq Listing Rules since the Company has not yet filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the “2021 Form 20-F”). Nasdaq Listing Rule 5250(c)(1) requires Nasdaq-listed companies to timely file all periodic reports. This Notification Letter has no immediate effect on the listing of the Company’s American depositary shares on the Nasdaq Global Market. Pursuant to the Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Notification Letter to submit a plan to regain compliance with Nasdaq Listing Rules (the “Compliance Plan”). If Nasdaq accepts the Compliance Plan, it may grant the Company an extension until November 14, 2022 to regain compliance. The Company expects either to file its 2021 Form 20-F or submit the Compliance Plan within the prescribed 60-day period. As previously reported by the Company in its Notification of Late Filing on Form 12b-25, filed with the Securities and Exchange Commission (the “Commission”) on April 29, 2022, the Company was unable to file the 2021 Form 20-F within the prescribed period because the Company needs additional time to compile all the information necessary to complete its annual financial statements to be included therein. The Company failed to file the 2021 Form 20-F within the 15-day extension period prescribed by Rule 12b-25(b)(2)(ii) under the Securities Exchange Act of 1934, as amended, primarily because certain documents were not provided by third parties as scheduled. The Company currently expects to file the 2021 Form 20-F upon receipt of such third-party documents by the end of June 2022.

May 05

Aurora Innovation, Inc. Announces Development of the Aurora Beacon Platform to Allow Customers to Optimize Operations of Autonomous Vehicles for 24/7/365 Operation

Aurora Innovation, Inc. announced the development of the Aurora Beacon platform, its cloud-based mission control system designed to allow customers to optimize operations of autonomous vehicles for 24/7/365 operation. Aurora Beacon will help customers of Aurora Horizon and Aurora Connect, Aurora’s trucking and ride-hailing products, realize the full potential of their Aurora Driver-powered vehicles. With Aurora Beacon, customers will have unique access to real-time data of each Aurora Driver-powered vehicle,including its health, status, and current location. Aurora Beacon will also provide real-time alerts about vehicle status, ETA, traffic conditions, updates to missions, major weather events, and more. With these alerts and access to critical data, fleet managers can make fast, data-based decisions to tightly monitor, coordinate, remotely observe, redirect, and support their autonomous vehicles. For example, when decreasing tire pressure is detected and an alert is sent, a fleet manager can redirect the vehicle immediately to a service center. This level of insight into and control over the real-time location, status, and objectives of autonomous vehicles will help Aurora’s customers maximize their utilization and responsiveness to shifting conditions and network demands. Another module of Aurora Beacon is a remote support tool that allows remote support specialists to provide high-level guidance to Aurora Driver-powered vehicles when they encounter a situation where the autonomy solution is unclear, like bespoke interactions with law enforcement officials. This will allow Aurora Driver-powered vehicles to tackle increasingly complex scenarios in a scalable and cost-effective way. Aurora Beacon is actively being used to manage and support Aurora’s own fleet operations today, from scheduling, dispatch, monitoring, coordination, and remote support. Aurora has uniquely designed its commercial pilots with FedEx, Uber Freight, and Werner and its collaboration with U.S. Xpress to exercise and refine the totality of its Aurora Horizon product suite, which includes the Aurora Driver and Aurora Beacon. As the company approaches commercial deployment, Aurora Beacon is expected to transition from a first-party tool to one that carriers, fleets, and networks can incorporate into their existing systems via API.

U.S. Diversified Support Services Industry Analysis

Industry Valuation and Performance

Industry Comparison

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