HUB24 Limited's (ASX:HUB) Earnings Haven't Escaped The Attention Of Investors
May 02
Australian (ASX) Investment Banking and Brokerage Industry Analysis
UpdatedMay 22, 2024
DataAggregated Company Financials
Companies10
- 7D2.3%
- 3M6.6%
- 1Y40.7%
- YTDn/a
In the last week, the Investment Banking and Brokerage industry is up 2.3%, with HUB24 up 3.1%. During this same period, the Sequoia Financial Group underperformed, falling 7.2%. This means that the industry has gained 41% over the past year. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Australian Investment Banking and Brokerage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 May 2024 | AU$4.4b | AU$1.4b | AU$28.7m | 18.2x | 154.8x | 3.2x |
| Sat, 20 Apr 2024 | AU$4.3b | AU$1.4b | AU$28.7m | 18.6x | 150.3x | 3.1x |
| Mon, 18 Mar 2024 | AU$4.4b | AU$1.4b | AU$28.7m | 19.3x | 151.9x | 3.1x |
| Wed, 14 Feb 2024 | AU$4.1b | AU$1.3b | AU$53.5m | 25.3x | 77x | 3.1x |
| Fri, 12 Jan 2024 | AU$4.1b | AU$1.3b | AU$53.5m | 25.2x | 75.7x | 3.1x |
| Sun, 10 Dec 2023 | AU$3.8b | AU$1.3b | AU$53.5m | 23.7x | 71.1x | 2.9x |
| Tue, 07 Nov 2023 | AU$3.6b | AU$1.3b | AU$53.5m | 22.3x | 67.3x | 2.7x |
| Thu, 05 Oct 2023 | AU$3.6b | AU$1.3b | AU$53.5m | 23.7x | 67.1x | 2.7x |
| Sat, 02 Sep 2023 | AU$3.7b | AU$1.3b | AU$53.5m | 24.6x | 69.6x | 2.8x |
| Mon, 31 Jul 2023 | AU$3.3b | AU$1.3b | AU$85.0m | 12.6x | 38.9x | 2.6x |
| Wed, 28 Jun 2023 | AU$3.0b | AU$1.3b | AU$85.0m | 12.7x | 35.5x | 2.3x |
| Fri, 26 May 2023 | AU$3.1b | AU$1.3b | AU$85.0m | 13.2x | 35.9x | 2.4x |
| Sun, 23 Apr 2023 | AU$3.3b | AU$1.3b | AU$85.0m | 13.2x | 39x | 2.6x |
| Tue, 21 Mar 2023 | AU$3.2b | AU$1.3b | AU$85.0m | 12.3x | 37.9x | 2.5x |
| Thu, 16 Feb 2023 | AU$3.2b | AU$1.3b | AU$112.8m | 11.3x | 28.1x | 2.5x |
| Sat, 14 Jan 2023 | AU$3.2b | AU$1.3b | AU$113.6m | 12.7x | 28.6x | 2.5x |
| Mon, 12 Dec 2022 | AU$3.2b | AU$1.3b | AU$113.6m | 11.7x | 27.9x | 2.5x |
| Wed, 09 Nov 2022 | AU$3.1b | AU$1.3b | AU$113.6m | 13.3x | 27.1x | 2.4x |
| Fri, 07 Oct 2022 | AU$3.1b | AU$1.3b | AU$113.6m | 13.7x | 27.2x | 2.4x |
| Sun, 04 Sep 2022 | AU$3.1b | AU$1.3b | AU$113.6m | 14.9x | 27.5x | 2.4x |
| Tue, 02 Aug 2022 | AU$3.3b | AU$1.3b | AU$100.8m | 27.4x | 33.1x | 2.6x |
| Thu, 30 Jun 2022 | AU$2.9b | AU$1.3b | AU$100.8m | 16x | 28.8x | 2.3x |
| Sat, 28 May 2022 | AU$3.4b | AU$1.3b | AU$100.8m | 25.1x | 33.4x | 2.7x |
| Mon, 25 Apr 2022 | AU$3.5b | AU$1.3b | AU$98.5m | 19.5x | 36x | 2.8x |
| Wed, 23 Mar 2022 | AU$3.7b | AU$1.3b | AU$98.5m | 18.1x | 37.5x | 2.9x |
| Fri, 18 Feb 2022 | AU$3.4b | AU$1.2b | AU$63.0m | 11.5x | 53.6x | 2.9x |
| Sun, 16 Jan 2022 | AU$3.3b | AU$1.2b | AU$66.1m | 11.6x | 50.5x | 2.9x |
| Tue, 14 Dec 2021 | AU$3.7b | AU$1.2b | AU$66.1m | 12.2x | 55.5x | 3.2x |
| Thu, 11 Nov 2021 | AU$3.6b | AU$1.2b | AU$66.1m | 12.6x | 55x | 3.1x |
| Sat, 09 Oct 2021 | AU$3.5b | AU$1.2b | AU$66.1m | 12.3x | 52.4x | 3x |
| Mon, 06 Sep 2021 | AU$3.7b | AU$1.2b | AU$66.1m | 11.5x | 55.3x | 3.2x |
| Wed, 04 Aug 2021 | AU$3.3b | AU$1.2b | AU$66.1m | 12x | 49.8x | 2.8x |
Price to Earnings Ratio
97.9x
Current Industry PE
- Investors are optimistic on the Australian Investment Banking and Brokerage industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 155x which is higher than its 3-year average PE of 55.1x.
- The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Investment Banking and Brokerage industry have declined 5.6% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.8% 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 Comparison
How does Australian Investment Banking and Brokerage compare with similar industries?
| AU Market | 1.47% | |
| Financials | 1.43% | |
| Capital Markets | 0.93% | |
| Investment Banking and Brokerage | 2.35% | |
| Diversified Capital Markets | 1.75% | |
| Asset Management | 0.36% | |
| Financial Exchanges and Data | -1.73% | |
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 | |
|---|---|---|---|---|---|
| HUB HUB24 | AU$42.27 | 3.1% +AU$102.1m | 65.9% | PE77.6x | |
| BFG Bell Financial Group | AU$1.30 | 1.6% +AU$6.4m | 41.3% | PE17.1x | |
| EZL Euroz Hartleys Group | AU$0.82 | 2.5% +AU$3.1m | -29.2% | PE17.6x | |
| FNX Finexia Financial Group | AU$0.23 | 9.5% +AU$985.1k | -20.7% | PE7.3x | |
| COG COG Financial Services | AU$1.17 | 0.4% +AU$974.3k | -15.2% | PE25.7x |