Estimating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)
Oct 30
U.S. Commercial Services Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies195
- 7D-0.7%
- 3M-5.8%
- 1Y4.8%
- YTD4.3%
Over the last 7 days, the Commercial Services industry has remained flat, although notably Waste Management gained 3.5%. The past year has been better, since the industry has gained 4.8% in that time. 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 |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | US$358.1b | US$148.6b | US$10.3b | 23.6x | 34.7x | 2.4x |
| Thu, 28 Sep 2023 | US$343.5b | US$140.0b | US$9.2b | 26.3x | 37.3x | 2.5x |
| Sat, 26 Aug 2023 | US$350.9b | US$139.7b | US$9.1b | 24x | 38.7x | 2.5x |
| Mon, 24 Jul 2023 | US$370.1b | US$136.9b | US$9.0b | 26.7x | 41.1x | 2.7x |
| Wed, 21 Jun 2023 | US$355.4b | US$136.8b | US$7.1b | 25.8x | 50x | 2.6x |
| Fri, 19 May 2023 | US$349.2b | US$136.8b | US$7.0b | 25.3x | 49.8x | 2.6x |
| Sun, 16 Apr 2023 | US$338.1b | US$134.6b | US$7.7b | 23.9x | 44x | 2.5x |
| Tue, 14 Mar 2023 | US$311.1b | US$133.1b | US$8.1b | 21.3x | 38.3x | 2.3x |
| Thu, 09 Feb 2023 | US$319.1b | US$132.2b | US$7.9b | 22.6x | 40.3x | 2.4x |
| Sat, 07 Jan 2023 | US$315.7b | US$131.4b | US$7.6b | 20.5x | 41.3x | 2.4x |
| Mon, 05 Dec 2022 | US$336.3b | US$130.6b | US$7.6b | 20.5x | 44.4x | 2.6x |
| Wed, 02 Nov 2022 | US$316.6b | US$129.8b | US$7.3b | 19.7x | 43.6x | 2.4x |
| Fri, 30 Sep 2022 | US$304.7b | US$127.8b | US$6.9b | 15.7x | 44x | 2.4x |
| Sun, 28 Aug 2022 | US$328.1b | US$126.8b | US$6.8b | 20.1x | 48.1x | 2.6x |
| Tue, 26 Jul 2022 | US$310.2b | US$122.3b | US$7.6b | 22.9x | 40.5x | 2.5x |
| Thu, 23 Jun 2022 | US$287.5b | US$121.8b | US$7.5b | 20x | 38.5x | 2.4x |
| Sat, 21 May 2022 | US$304.3b | US$122.4b | US$7.4b | 22x | 40.9x | 2.5x |
| Mon, 18 Apr 2022 | US$324.3b | US$115.7b | US$6.5b | 25.6x | 49.5x | 2.8x |
| Wed, 16 Mar 2022 | US$323.9b | US$120.2b | US$6.2b | 26.2x | 52.4x | 2.7x |
| Fri, 11 Feb 2022 | US$318.2b | US$117.7b | US$6.1b | 25.4x | 51.8x | 2.7x |
| Sun, 09 Jan 2022 | US$342.5b | US$114.4b | US$6.2b | 26.4x | 55.6x | 3x |
| Tue, 07 Dec 2021 | US$357.8b | US$113.5b | US$6.2b | 27.5x | 57.5x | 3.2x |
| Thu, 04 Nov 2021 | US$348.8b | US$112.0b | US$6.8b | 35.9x | 51.6x | 3.1x |
| Sat, 02 Oct 2021 | US$332.6b | US$116.1b | US$6.5b | 34.8x | 51.2x | 2.9x |
| Mon, 30 Aug 2021 | US$328.5b | US$109.1b | US$6.7b | 29.1x | 49.4x | 3x |
| Tue, 06 Jul 2021 | US$310.6b | US$108.5b | US$6.6b | 27x | 46.8x | 2.9x |
| Fri, 09 Apr 2021 | US$281.0b | US$102.3b | US$4.6b | 34.7x | 61x | 2.7x |
| Thu, 31 Dec 2020 | US$270.8b | US$104.0b | US$3.3b | 27.2x | 83.3x | 2.6x |
Price to Earnings Ratio
72.9x
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 34.7x which is lower than its 3-year average PE of 51.4x.
- 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 46% per year over the last three years.
- Revenues for these companies have grown 11% 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 | -2.42% | |
| Industrials | -2.64% | |
| Commercial Services | -0.69% | |
| Office Services and Supplies | 1.12% | |
| Security and Alarm Services | 0.87% | |
| Environmental and Facilities Services | -0.34% | |
| Diversified Support Services | -1.48% | |
| Commercial Printing | -2.57% | |
Industry PE
- Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 43.6x.
- Analysts are expecting annual earnings growth of 69.8%, which is higher than its past year's earnings decline of 2.4% 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 3.6x.
Forecasted Growth
- Analysts are most optimistic on the Office Services and Supplies industry, expecting annual earnings growth of 70% over the next 5 years.
- This is better than its past earnings decline of 2.4% per year.
- In contrast, the Security and Alarm Services industry is expected to see its earnings grow by 8.5% 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 | |
|---|---|---|---|---|---|
| WM Waste Management | US$162.75 | 4.4% +US$2.4b | 2.8% | PE28.4x | |
| ROL Rollins | US$36.85 | 11.1% +US$1.5b | -12.4% | PE43.5x | |
| RSG Republic Services | US$147.25 | 2.0% +US$646.4m | 11.0% | PE28.3x | |
| MSA MSA Safety | US$158.16 | 6.9% +US$402.1m | 17.8% | PE185.1x | |
| CTAS Cintas | US$502.81 | 0.7% +US$339.2m | 17.6% | PE37.2x |
