Canadian (TSX) Asset Management Industry Analysis
UpdatedMay 01, 2024
DataAggregated Company Financials
Companies224
- 7D-0.5%
- 3M0.9%
- 1Y26.4%
- YTDn/a
In the last week, Asset Management has been flat. The past year has been better, since the industry has gained 26% in that time. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Canadian Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 01 May 2024 | CA$141.9b | CA$152.6b | CA$7.1b | 10.3x | 20.1x | 0.9x |
| Fri, 29 Mar 2024 | CA$144.8b | CA$151.9b | CA$8.4b | 9.9x | 17.2x | 1x |
| Sun, 25 Feb 2024 | CA$145.9b | CA$151.4b | CA$7.6b | 9.4x | 19.2x | 1x |
| Tue, 23 Jan 2024 | CA$141.4b | CA$150.9b | CA$6.4b | 8.8x | 21.9x | 0.9x |
| Thu, 21 Dec 2023 | CA$137.9b | CA$149.7b | CA$6.4b | 8.8x | 21.5x | 0.9x |
| Sat, 18 Nov 2023 | CA$124.4b | CA$153.3b | CA$6.4b | 8.4x | 19.5x | 0.8x |
| Mon, 16 Oct 2023 | CA$118.0b | CA$148.0b | CA$4.7b | 11x | 25.1x | 0.8x |
| Wed, 13 Sep 2023 | CA$127.8b | CA$147.0b | CA$4.7b | 10x | 27.3x | 0.9x |
| Fri, 11 Aug 2023 | CA$130.1b | CA$150.0b | CA$5.5b | 9x | 23.6x | 0.9x |
| Sun, 09 Jul 2023 | CA$121.7b | CA$144.4b | CA$5.6b | 9.4x | 21.9x | 0.8x |
| Tue, 06 Jun 2023 | CA$117.4b | CA$146.3b | CA$5.9b | 9.3x | 20x | 0.8x |
| Thu, 04 May 2023 | CA$119.1b | CA$146.4b | CA$7.7b | 8.5x | 15.4x | 0.8x |
| Sat, 01 Apr 2023 | CA$123.7b | CA$144.1b | CA$6.3b | 8.2x | 19.7x | 0.9x |
| Mon, 27 Feb 2023 | CA$125.9b | CA$145.0b | CA$6.8b | 11.4x | 18.5x | 0.9x |
| Wed, 25 Jan 2023 | CA$130.2b | CA$139.2b | CA$8.4b | 9.5x | 15.4x | 0.9x |
| Fri, 23 Dec 2022 | CA$113.3b | CA$141.8b | CA$8.7b | 10.7x | 13.1x | 0.8x |
| Sun, 20 Nov 2022 | CA$124.4b | CA$134.4b | CA$5.9b | 11.9x | 21.1x | 0.9x |
| Tue, 18 Oct 2022 | CA$112.3b | CA$134.3b | CA$8.2b | 8x | 13.6x | 0.8x |
| Thu, 15 Sep 2022 | CA$134.4b | CA$128.0b | CA$7.9b | 8.7x | 17x | 1x |
| Sat, 13 Aug 2022 | CA$141.2b | CA$126.8b | CA$7.7b | 9.2x | 18.3x | 1.1x |
| Mon, 11 Jul 2022 | CA$124.0b | CA$124.8b | CA$9.0b | 8.5x | 13.8x | 1x |
| Wed, 08 Jun 2022 | CA$135.1b | CA$121.2b | CA$8.5b | 9.2x | 15.8x | 1.1x |
| Fri, 06 May 2022 | CA$137.3b | CA$118.7b | CA$9.9b | 10.1x | 13.8x | 1.2x |
| Sun, 03 Apr 2022 | CA$155.3b | CA$116.0b | CA$9.8b | 10.4x | 15.9x | 1.3x |
| Tue, 01 Mar 2022 | CA$150.9b | CA$114.4b | CA$10.1b | 11.5x | 14.9x | 1.3x |
| Thu, 27 Jan 2022 | CA$147.3b | CA$108.0b | CA$10.0b | 9.6x | 14.7x | 1.4x |
| Sat, 25 Dec 2021 | CA$168.5b | CA$109.6b | CA$10.2b | 9x | 16.6x | 1.5x |
| Mon, 22 Nov 2021 | CA$171.8b | CA$108.2b | CA$10.1b | 8.4x | 17x | 1.6x |
| Wed, 20 Oct 2021 | CA$160.8b | CA$101.5b | CA$8.9b | 6.8x | 18x | 1.6x |
| Fri, 17 Sep 2021 | CA$158.0b | CA$104.0b | CA$9.1b | 6.3x | 17.4x | 1.5x |
| Sun, 15 Aug 2021 | CA$149.7b | CA$101.8b | CA$8.6b | 7x | 17.3x | 1.5x |
| Thu, 10 Jun 2021 | CA$127.1b | CA$95.0b | CA$7.5b | 4x | 17x | 1.3x |
Price to Earnings Ratio
16.1x
Current Industry PE
- Investors are optimistic on the Canadian Asset Management and Custody Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.1x which is higher than its 3-year average PE of 18.1x.
- 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 Asset Management and Custody Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 17% 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 and as a result, profits have held steady.
Industry Comparison
How does Canadian Asset Management compare with similar industries?
| CA Market | -1.05% | |
| Financials | -0.91% | |
| Capital Markets | -0.48% | |
| Asset Management | -0.50% | |
| Financial Exchanges and Data | 0.047% | |
| Diversified Capital Markets | 0% | |
| Investment Banking and Brokerage | -2.74% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BN Brookfield | CA$55.22 | 0.2% +CA$136.3m | 31.7% | PE63x | |
| IGM IGM Financial | CA$34.41 | 0.8% +CA$64.2m | -15.0% | PE8.8x | |
| CVG Clairvest Group | CA$73.40 | 1.9% +CA$20.8m | -7.3% | PS136.1x | |
| GLXY Galaxy Digital Holdings | CA$12.10 | 1.1% +CA$15.8m | 144.9% | PE2.4x | |
| SEC Senvest Capital | CA$290.00 | 1.8% +CA$12.3m | -3.3% | PE8.6x |