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Has the Australian Capital Markets Industry valuation changed over the past few years?
|Wed, 08 Dec 2021||AU$152.1b||AU$24.3b||AU$6.7b||15.8x|
|Fri, 05 Nov 2021||AU$160.1b||AU$23.8b||AU$6.4b||17.5x|
|Sun, 03 Oct 2021||AU$140.0b||AU$21.5b||AU$5.3b||18.5x|
|Tue, 31 Aug 2021||AU$143.8b||AU$21.9b||AU$5.6b||17.2x|
|Wed, 07 Jul 2021||AU$135.7b||AU$21.9b||AU$5.6b||15.4x|
|Sat, 10 Apr 2021||AU$124.1b||AU$21.2b||AU$5.4b||14.3x|
|Fri, 01 Jan 2021||AU$119.9b||AU$20.0b||AU$4.8b||19.7x|
|Mon, 05 Oct 2020||AU$108.5b||AU$19.1b||AU$4.4b||21.8x|
|Thu, 09 Jul 2020||AU$104.5b||AU$19.2b||AU$4.6b||20.7x|
|Wed, 01 Apr 2020||AU$84.5b||AU$19.7b||AU$4.9b||15.7x|
|Sat, 04 Jan 2020||AU$118.5b||AU$20.5b||AU$5.4b||21.5x|
|Tue, 08 Oct 2019||AU$112.8b||AU$20.9b||AU$5.7b||20.5x|
|Mon, 01 Jul 2019||AU$107.7b||AU$20.6b||AU$5.7b||19.1x|
|Thu, 04 Apr 2019||AU$102.5b||AU$19.9b||AU$5.6b||18.2x|
|Sun, 06 Jan 2019||AU$89.5b||AU$18.7b||AU$5.4b||17.5x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 18.9x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Capital Markets industry have grown 7.1% per year over the last three years, and revenues for these companies have grown 9.0% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Australian Capital Markets industry?
|Diversified Capital Markets||2.40%|
|Financial Exchanges and Data||-2.61%|
|Investment Banking and Brokerage||-4.10%|
Industry PE: Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 31.2x. This is likely because analysts are expecting annual earnings growth of 3.7%, which is higher than its past year's earnings decline of 3.6% per year. Meanwhile, investors are most pessimistic about the Investment Banking and Brokerage industry, which is trading below its 3-year average of 22.5x.
Forecasted Growth: Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 40% over the next 5 years. However this is lower than its past earnings growth rate of 115% per year. Meanwhile, the Financial Exchanges and Data industry is expected to see its earnings grow by 3.7% per year over the next few years.
Which companies have driven the market over the last 7 days?
Magellan Financial Group
Pinnacle Investment Management Group
Platinum Investment Management
Australian Foundation Investment
Australian Ethical Investment
MA Financial Group
Australian United Investment