SIS' (NSE:SIS) Soft Earnings Are Actually Better Than They Appear
May 09
Indian (NIFTY) Commercial Services Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies60
- 7D-3.3%
- 3M4.2%
- 1Y53.7%
- YTD9.7%
Over the last 7 days, the Commercial Services industry has dropped 3.3%, driven by a pullback from Indian Railway Catering & Tourism of 3.0%. On the other hand Kokuyo Camlin is actually up 12%. This takes the industry's 12 month performance to a gain of 54%. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Indian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | ₹1.3t | ₹335.7b | ₹25.5b | 31.8x | 52.5x | 4x |
| Sat, 06 Apr 2024 | ₹1.3t | ₹332.0b | ₹26.5b | 31.8x | 50.3x | 4x |
| Mon, 04 Mar 2024 | ₹1.2t | ₹323.2b | ₹26.1b | 30.2x | 47.7x | 3.8x |
| Wed, 31 Jan 2024 | ₹1.3t | ₹316.9b | ₹25.7b | 30.2x | 50x | 4x |
| Fri, 29 Dec 2023 | ₹1.2t | ₹313.9b | ₹26.0b | 31.7x | 45.4x | 3.8x |
| Sun, 26 Nov 2023 | ₹905.9b | ₹285.1b | ₹22.5b | 31.3x | 40.2x | 3.2x |
| Tue, 24 Oct 2023 | ₹861.6b | ₹277.3b | ₹22.5b | 35.3x | 38.3x | 3.1x |
| Thu, 21 Sep 2023 | ₹840.1b | ₹264.6b | ₹25.3b | 29.4x | 33.2x | 3.2x |
| Sat, 19 Aug 2023 | ₹805.8b | ₹264.5b | ₹25.3b | 27.6x | 31.8x | 3x |
| Mon, 17 Jul 2023 | ₹788.0b | ₹256.6b | ₹25.0b | 28.7x | 31.5x | 3.1x |
| Wed, 14 Jun 2023 | ₹774.1b | ₹256.3b | ₹25.0b | 30.2x | 31x | 3x |
| Fri, 12 May 2023 | ₹741.7b | ₹249.5b | ₹24.0b | 23.9x | 30.8x | 3x |
| Sun, 09 Apr 2023 | ₹679.7b | ₹246.0b | ₹24.1b | 21.6x | 28.2x | 2.8x |
| Tue, 07 Mar 2023 | ₹728.1b | ₹249.9b | ₹24.6b | 22.2x | 29.5x | 2.9x |
| Thu, 02 Feb 2023 | ₹745.8b | ₹242.6b | ₹25.1b | 23.6x | 29.7x | 3.1x |
| Sat, 31 Dec 2022 | ₹756.7b | ₹240.1b | ₹24.4b | 24.3x | 31x | 3.2x |
| Mon, 28 Nov 2022 | ₹828.6b | ₹240.1b | ₹24.4b | 23.5x | 33.9x | 3.5x |
| Wed, 26 Oct 2022 | ₹849.3b | ₹231.8b | ₹22.7b | 27.2x | 37.4x | 3.7x |
| Fri, 23 Sep 2022 | ₹804.4b | ₹231.2b | ₹22.7b | 22.3x | 35.4x | 3.5x |
| Sun, 21 Aug 2022 | ₹834.0b | ₹231.2b | ₹22.7b | 20.8x | 36.7x | 3.6x |
| Tue, 19 Jul 2022 | ₹714.8b | ₹211.8b | ₹17.8b | 19.6x | 40.1x | 3.4x |
| Thu, 16 Jun 2022 | ₹733.9b | ₹212.1b | ₹18.0b | 19x | 40.8x | 3.5x |
| Sat, 14 May 2022 | ₹764.4b | ₹190.5b | ₹13.9b | 23x | 54.9x | 4x |
| Mon, 11 Apr 2022 | ₹898.6b | ₹187.8b | ₹13.9b | 24.4x | 64.6x | 4.8x |
| Wed, 09 Mar 2022 | ₹809.6b | ₹187.8b | ₹13.9b | 23.4x | 58.2x | 4.3x |
| Fri, 04 Feb 2022 | ₹965.2b | ₹178.4b | ₹12.4b | 23.7x | 77.6x | 5.4x |
| Sun, 02 Jan 2022 | ₹937.3b | ₹164.7b | ₹10.7b | 22.3x | 87.6x | 5.7x |
| Tue, 30 Nov 2021 | ₹820.7b | ₹164.3b | ₹10.7b | 18.8x | 77x | 5x |
| Thu, 28 Oct 2021 | ₹852.8b | ₹156.4b | ₹9.4b | 19.8x | 90.7x | 5.5x |
| Sat, 25 Sep 2021 | ₹777.0b | ₹156.5b | ₹9.3b | 22.6x | 83.6x | 5x |
| Mon, 23 Aug 2021 | ₹577.5b | ₹156.8b | ₹8.8b | 20.5x | 65.5x | 3.7x |
| Sat, 10 Jul 2021 | ₹486.2b | ₹156.7b | ₹8.8b | 18.7x | 55.1x | 3.1x |
Price to Earnings Ratio
60.2x
Current Industry PE
- Investors are optimistic on the Indian Commercial Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 52.5x which is higher than its 3-year average PE of 49.1x.
- The industry is trading close to its 3-year average PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have grown 50% per year over the last three years.
- Revenues for these companies have grown 31% 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 Indian Industrials industry?
| IN Market | -1.48% | |
| Industrials | -1.28% | |
| Commercial Services | -3.26% | |
| Office Services and Supplies | -1.79% | |
| Commercial Printing | -2.26% | |
| Diversified Support Services | -2.89% | |
| Environmental and Facilities Services | -4.31% | |
| Security and Alarm Services | -9.05% | |
Industry PE
- Investors are most optimistic about the Commercial Printing industry which is trading above its 3-year average PE ratio of 40.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- 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 19.1x.
Forecasted Growth
- Analysts are most optimistic on the Security and Alarm Services industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Diversified Support Services industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| 523207 Kokuyo Camlin | ₹166.00 | 12.2% +₹1.8b | 116.9% | PE39.5x | |
| URBAN Urban Enviro Waste Management | ₹382.00 | 10.7% +₹160.2m | n/a | PE76.7x | |
| BLUEPEBBLE Blue Pebble | ₹314.55 | 12.7% +₹144.4m | n/a | PE64.1x | |
| 543991 Techknowgreen Solutions | ₹240.00 | 8.8% +₹144.0m | n/a | PE39.3x | |
| 544047 Siyaram Recycling Industries | ₹85.95 | 6.4% +₹96.6m | n/a | PE21.1x |
