Italian (Borsa Italiana) Professional Services Industry Analysis

Industry Valuation and Performance

Has the Italian Professional Services Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 19 May 2024	€1.3b	€1.4b	€45.4m	19.7x	28.3x	0.9x
Tue, 16 Apr 2024	€1.3b	€1.3b	€49.7m	19.5x	25.2x	0.9x
Thu, 14 Mar 2024	€1.3b	€1.3b	€52.2m	17.4x	25.3x	1x
Sat, 10 Feb 2024	€1.4b	€1.3b	€49.2m	17.4x	27.6x	1x
Mon, 08 Jan 2024	€1.3b	€1.3b	€49.2m	19.2x	27x	1x
Wed, 06 Dec 2023	€1.2b	€1.3b	€49.2m	17.1x	24.1x	0.9x
Fri, 03 Nov 2023	€1.1b	€1.3b	€51.9m	16.3x	21.7x	0.8x
Sun, 01 Oct 2023	€1.1b	€1.3b	€51.4m	22x	20.9x	0.8x
Tue, 29 Aug 2023	€1.2b	€1.3b	€52.6m	23.4x	22.5x	0.9x
Thu, 27 Jul 2023	€1.1b	€1.3b	€56.5m	19.5x	19.7x	0.8x
Sat, 24 Jun 2023	€1.1b	€1.3b	€56.5m	19.3x	20.3x	0.9x
Mon, 22 May 2023	€1.2b	€1.3b	€56.5m	19.8x	21.3x	0.9x
Wed, 19 Apr 2023	€1.3b	€1.3b	€56.8m	21.9x	22.9x	1x
Fri, 17 Mar 2023	€1.3b	€1.3b	€58.2m	27.3x	22.7x	1x
Sun, 12 Feb 2023	€1.5b	€1.4b	€65.9m	27x	23x	1.1x
Tue, 10 Jan 2023	€1.5b	€1.4b	€65.9m	26.9x	22.6x	1.1x
Thu, 08 Dec 2022	€1.4b	€1.4b	€65.9m	24.9x	21.2x	1x
Sat, 05 Nov 2022	€1.2b	€1.4b	€64.0m	21.2x	19.4x	0.9x
Mon, 03 Oct 2022	€1.2b	€1.4b	€63.7m	22.6x	18.9x	0.9x
Wed, 31 Aug 2022	€1.4b	€1.4b	€63.2m	26.1x	21.4x	1x
Fri, 29 Jul 2022	€1.4b	€1.3b	€59.1m	27.6x	24.1x	1.1x
Sun, 26 Jun 2022	€1.4b	€1.3b	€58.9m	20.3x	24.2x	1.1x
Tue, 24 May 2022	€1.4b	€25.3b	€1.2b	21.9x	1.2x	0.06x
Thu, 21 Apr 2022	€1.5b	€25.2b	€1.2b	25x	1.3x	0.06x
Sat, 19 Mar 2022	€1.7b	€25.1b	€1.2b	29.2x	1.4x	0.07x
Mon, 14 Feb 2022	€1.8b	€1.1b	€71.6m	34.8x	25.2x	1.6x
Wed, 12 Jan 2022	€2.0b	€1.1b	€71.6m	38.8x	27.6x	1.8x
Fri, 10 Dec 2021	€2.2b	€1.1b	€71.7m	45.2x	30.9x	2x
Sun, 07 Nov 2021	€2.2b	€1.0b	€71.5m	44.8x	30.3x	2.1x
Tue, 05 Oct 2021	€1.9b	€1.0b	€71.7m	39.8x	27.2x	1.9x
Thu, 02 Sep 2021	€2.1b	€1.0b	€71.5m	38.4x	29.6x	2.1x
Sat, 31 Jul 2021	€1.9b	€1.0b	€71.5m	33.5x	27x	1.9x

Current Industry PE

Investors are optimistic on the Italian Professional Services industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 28.3x which is higher than its 3-year average PE of 22.0x.

The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.93x.

Past Earnings Growth

The earnings for companies in the Professional Services industry have declined 12% per year over the last three years.
Meanwhile revenues for these companies have grown 15% 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 Italian Industrials industry?


IT Market	1.67%
Industrials	0.91%
Professional Services	-1.73%
HR Services	0.15%
Research and Consulting Services	-2.09%

Industry PE

Investors are most optimistic about the Research and Consulting Services industry which is trading above its 3-year average PE ratio of 27.8x.

Analysts are expecting annual earnings growth of 31.5%, which is higher than its past year's earnings decline of 24.1% per year.

Investors are most pessimistic about the HR Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.4x.

Forecasted Growth

Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 31% over the next 5 years.
This is better than its past earnings decline of 24% per year.