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Australian (ASX) HR Services Industry Analysis

UpdatedOct 31, 2023
DataAggregated Company Financials
  • 7D4.8%
  • 3M-7.5%
  • 1Y-12.3%
  • YTD1.9%

Over the last 7 days, the HR Services industry has risen 4.9%, driven by gains from McMillan Shakespeare of 11%. Meanwhile, Peoplein actually underperformed within the industry, shrinking 7.2% in the last week. However, the industry is down 11% over the past year. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

Has the Australian HR Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Oct 2023AU$4.6bAU$4.6bAU$259.1m17.3x17.6x1x
Thu, 28 Sep 2023AU$4.4bAU$4.6bAU$259.1m16.3x17x1x
Sat, 26 Aug 2023AU$4.6bAU$4.2bAU$286.2m17.2x16x1.1x
Mon, 24 Jul 2023AU$4.8bAU$4.1bAU$304.3m16.2x15.9x1.2x
Wed, 21 Jun 2023AU$4.8bAU$4.1bAU$304.3m15.4x15.6x1.2x
Fri, 19 May 2023AU$4.3bAU$4.1bAU$304.3m14.1x14.1x1x
Sun, 16 Apr 2023AU$4.3bAU$4.1bAU$304.3m14x14.3x1.1x
Tue, 14 Mar 2023AU$4.4bAU$4.1bAU$304.3m13.3x14.4x1.1x
Thu, 09 Feb 2023AU$4.6bAU$3.6bAU$195.7m18.8x23.4x1.3x
Sat, 07 Jan 2023AU$4.5bAU$3.6bAU$195.7m18x22.9x1.3x
Mon, 05 Dec 2022AU$5.1bAU$3.6bAU$195.7m18.3x26.3x1.4x
Wed, 02 Nov 2022AU$5.2bAU$3.6bAU$195.7m18.5x26.8x1.5x
Fri, 30 Sep 2022AU$5.3bAU$3.6bAU$195.7m17.2x27x1.5x
Sun, 28 Aug 2022AU$5.7bAU$3.1bAU$107.0m17.8x53.6x1.8x
Tue, 26 Jul 2022AU$5.4bAU$3.0bAU$95.0m20.3x57.1x1.8x
Thu, 23 Jun 2022AU$4.4bAU$3.0bAU$95.0m18.4x46.2x1.5x
Sat, 21 May 2022AU$5.7bAU$3.0bAU$95.0m20.7x59.5x1.9x
Mon, 18 Apr 2022AU$5.9bAU$3.0bAU$95.0m20.8x61.6x2x
Wed, 16 Mar 2022AU$5.3bAU$5.2bAU$90.7m21x57.9x1x
Fri, 11 Feb 2022AU$2.8bAU$1.8bAU$137.4m19.2x20.4x1.5x
Sun, 09 Jan 2022AU$2.8bAU$1.8bAU$136.7m17.3x20.3x1.5x
Tue, 07 Dec 2021AU$2.7bAU$1.8bAU$137.9m15.1x19.8x1.5x
Thu, 04 Nov 2021AU$3.0bAU$1.8bAU$137.9m17.4x22.1x1.6x
Sat, 02 Oct 2021AU$3.2bAU$1.8bAU$138.4m18.1x23.1x1.7x
Mon, 30 Aug 2021AU$2.9bAU$1.8bAU$138.4m15.9x21.2x1.6x
Tue, 06 Jul 2021AU$3.1bAU$1.8bAU$135.3m17.7x23x1.7x
Fri, 09 Apr 2021AU$2.4bAU$1.7bAU$101.0m17.7x24.2x1.4x
Thu, 31 Dec 2020AU$2.5bAU$1.6bAU$64.7m15.4x39x1.6x
Price to Earnings Ratio


Total Market Cap: AU$2.1bTotal Earnings: AU$66.1mTotal Revenue: AU$1.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian HR Services Industry Price to Earnings3Y Average 29.5x202120222023
Current Industry PE
  • Investors are pessimistic on the Australian Human Resource and Employment 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 17.8x which is lower than its 3-year average PE of 29.5x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Human Resource and Employment Services industry have grown 58% per year over the last three years.
  • Revenues for these companies have grown 41% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Australian HR Services compare with similar industries?

AU Market-0.99%
Professional Services-1.98%
HR Services4.76%
Research and Consulting Services-3.32%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MMS McMillan ShakespeareAU$16.7611.2%
SIQ SmartgroupAU$8.516.6%
APM APM Human Services InternationalAU$2.021.5%
FLN FreelancerAU$0.2212.8%
AQN AquirianAU$0.227.3%
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