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U.K. (FTSE) HR Services Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies11
  • 7D-1.5%
  • 3M-37.0%
  • 1Y-49.2%
  • YTDn/a

Over the last 7 days, the HR Services industry has dropped 1.5%, driven by a pullback from Hays of 3.0%. However, the industry is down 49% over the past year. As for the next few years, earnings are expected to grow by 71% per annum.

Industry Valuation and Performance

Has the U.K. HR Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026UK£1.3bUK£12.1b-UK£17,951,000.0010.3x-72.6x0.1x
Tue, 03 Mar 2026UK£1.7bUK£12.1b-UK£5,630,000.0013x-297.1x0.1x
Thu, 29 Jan 2026UK£1.8bUK£12.2b-UK£2,930,000.0013.7x-630x0.2x
Sat, 27 Dec 2025UK£2.0bUK£12.3bUK£8.2m12.3x247.7x0.2x
Mon, 24 Nov 2025UK£2.0bUK£12.3bUK£9.9m12.3x204.4x0.2x
Wed, 22 Oct 2025UK£2.1bUK£12.3bUK£8.5m12.4x246.2x0.2x
Fri, 19 Sep 2025UK£2.0bUK£12.3bUK£8.5m11.1x228.8x0.2x
Sun, 17 Aug 2025UK£2.3bUK£12.4bUK£2.1m12.7x1075.9x0.2x
Tue, 15 Jul 2025UK£2.5bUK£12.7bUK£45.7m13.3x54x0.2x
Thu, 12 Jun 2025UK£2.6bUK£12.7bUK£53.6m12.5x48.5x0.2x
Sat, 10 May 2025UK£2.6bUK£12.7bUK£53.6m7.7x48.3x0.2x
Mon, 07 Apr 2025UK£2.6bUK£12.7bUK£29.9m8.1x85.9x0.2x
Wed, 05 Mar 2025UK£3.5bUK£13.4bUK£115.9m16.7x29.9x0.3x
Fri, 31 Jan 2025UK£3.6bUK£13.6bUK£125.2m15.3x28.5x0.3x
Sun, 29 Dec 2024UK£3.8bUK£13.7bUK£132.0m16.4x28.8x0.3x
Tue, 26 Nov 2024UK£3.9bUK£13.7bUK£121.4m15.6x32.2x0.3x
Thu, 24 Oct 2024UK£4.0bUK£13.7bUK£122.2m16.8x32.8x0.3x
Sat, 21 Sep 2024UK£4.1bUK£13.7bUK£122.2m16.1x33.7x0.3x
Mon, 19 Aug 2024UK£4.2bUK£14.1bUK£199.6m17.4x21x0.3x
Wed, 17 Jul 2024UK£4.5bUK£14.3bUK£244.5m17.5x18.4x0.3x
Fri, 14 Jun 2024UK£4.7bUK£14.3bUK£242.7m18.5x19.4x0.3x
Sun, 12 May 2024UK£4.7bUK£14.3bUK£243.6m19x19.1x0.3x
Tue, 09 Apr 2024UK£4.8bUK£14.4bUK£239.5m19.6x20.1x0.3x
Thu, 07 Mar 2024UK£5.0bUK£16.5bUK£302.3m17.9x16.5x0.3x
Sat, 03 Feb 2024UK£5.0bUK£16.8bUK£356.3m15.7x14.1x0.3x
Mon, 01 Jan 2024UK£5.3bUK£16.8bUK£350.2m15.8x15.1x0.3x
Wed, 29 Nov 2023UK£4.9bUK£16.8bUK£362.4m14.1x13.6x0.3x
Fri, 27 Oct 2023UK£4.2bUK£16.8bUK£362.4m12.8x11.7x0.3x
Sun, 24 Sep 2023UK£4.9bUK£16.8bUK£362.3m15.8x13.4x0.3x
Tue, 22 Aug 2023UK£4.8bUK£16.5bUK£377.7m11.9x12.8x0.3x
Thu, 20 Jul 2023UK£4.3bUK£15.8bUK£405.4m10.6x10.7x0.3x
Sat, 17 Jun 2023UK£4.2bUK£15.8bUK£405.4m10x10.3x0.3x
Mon, 15 May 2023UK£4.5bUK£15.8bUK£406.0m10.9x11.1x0.3x
Wed, 12 Apr 2023UK£4.5bUK£15.8bUK£399.9m10.8x11.2x0.3x
Price to Earnings Ratio

11.2x


Total Market Cap: UK£4.5bTotal Earnings: UK£399.9mTotal Revenue: UK£15.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. HR Services Industry Price to Earnings3Y Average 43.2x202420252026
Current Industry PE
  • Investors are pessimistic on the British 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 close to its 3-year average PS ratio of 0.25x.
Past Earnings Growth
  • Total earnings for the Human Resource and Employment Services industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 8.6% per year, which is driving profits down.

Industry Comparison

How does U.K. HR Services compare with similar industries?

GB Market4.54%
Industrials6.08%
Professional Services4.63%
HR Services-1.55%
Research and Consulting Services4.75%
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
RWA Robert WaltersUK£0.872.6%
+UK£1.4m		-62.2%PS0.07x

Latest News

EMR
UK£0.21
Empresaria Group
7D
-4.4%
1Y
-14.0%
STEM
UK£1.46
SThree
7D
-1.4%
1Y
-38.7%

STEM: Share Buyback And Stable Margins Will Support Future Upside

Analysts have trimmed their price target for SThree to £15.57 from £16.39, reflecting slightly higher assumed risk, a marginally different revenue growth outlook, and a small adjustment to the expected future P/E multiple. What's in the News SThree plans to repurchase up to £20 million of its shares under a buyback program, with repurchases running until no later than November 30, 2026, and all repurchased shares to be cancelled (company announcement).
RWA
UK£0.87
Robert Walters
7D
2.6%
1Y
-62.2%
GATC
UK£1.12
Gattaca
7D
-1.3%
1Y
40.0%
STAF
UK£0.44
Staffline Group
7D
0%
1Y
47.7%
HAS
UK£0.32
Hays
7D
-3.0%
1Y
-54.6%

HAS: Cyclical And Structural Pressures Will Set Up Future Earnings Recovery

Narrative update on Hays Analysts have cut Hays’ average price target by around £0.04. This reflects recent reductions in formal targets from firms such as Morgan Stanley, RBC Capital and Jefferies as they factor in tougher cyclical and structural conditions and a slightly higher assumed P/E multiple.
PAGE
UK£1.35
PageGroup
7D
-0.6%
1Y
-51.6%

PAGE: Earnings Pressure And Dividend Reset Will Set Up Longer Term Upside Potential

Analysts have trimmed PageGroup's fair value estimate from £1.95 to £1.50. This reflects recent price target cuts to £225 and £215 and concerns that cyclical headwinds combined with structural challenges could keep earnings under pressure for longer.
NBB
UK£2.25
Norman Broadbent
7D
-1.1%
1Y
121.7%