Insufficient Growth At Perpetual Limited (ASX:PPT) Hampers Share Price
Jan 21
Have your own idea? Try our Stock Screener
Australian (ASX) Capital Markets Industry Analysis
UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies82
- 7D0.5%
- 3M5.7%
- 1Y23.8%
- YTD6.4%
Over the last 7 days, the Capital Markets industry has remained flat, although notably Magellan Financial Group declined by 14%. As for the the longer term, the industry is up 25% over the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.
Industry Valuation and Performance
Has the Australian Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Feb 2025 | AU$174.5b | AU$30.3b | AU$6.6b | 20.7x | 26.3x | 5.8x |
| Mon, 30 Dec 2024 | AU$166.0b | AU$30.1b | AU$6.4b | 21x | 26.1x | 5.5x |
| Wed, 27 Nov 2024 | AU$171.0b | AU$30.0b | AU$6.3b | 20x | 27x | 5.7x |
| Fri, 25 Oct 2024 | AU$167.2b | AU$29.7b | AU$6.1b | 19.7x | 27.3x | 5.6x |
| Sun, 22 Sep 2024 | AU$158.6b | AU$29.6b | AU$6.1b | 17.9x | 26.2x | 5.4x |
| Tue, 20 Aug 2024 | AU$150.6b | AU$29.1b | AU$6.4b | 21.3x | 23.4x | 5.2x |
| Thu, 18 Jul 2024 | AU$151.6b | AU$28.9b | AU$6.3b | 22.5x | 24.1x | 5.3x |
| Sat, 15 Jun 2024 | AU$139.7b | AU$28.9b | AU$6.3b | 20.5x | 22.2x | 4.8x |
| Mon, 13 May 2024 | AU$140.5b | AU$28.9b | AU$6.3b | 21.2x | 22.3x | 4.9x |
| Wed, 10 Apr 2024 | AU$140.6b | AU$30.4b | AU$7.1b | 21.2x | 19.9x | 4.6x |
| Fri, 08 Mar 2024 | AU$141.4b | AU$30.4b | AU$7.1b | 21x | 20x | 4.6x |
| Sun, 04 Feb 2024 | AU$140.4b | AU$30.3b | AU$7.0b | 22.3x | 20.2x | 4.6x |
| Tue, 02 Jan 2024 | AU$134.7b | AU$30.1b | AU$6.8b | 20.5x | 19.7x | 4.5x |
| Thu, 30 Nov 2023 | AU$123.2b | AU$30.1b | AU$6.8b | 19.5x | 18x | 4.1x |
| Sat, 28 Oct 2023 | AU$116.1b | AU$30.3b | AU$7.4b | 19.4x | 15.7x | 3.8x |
| Mon, 25 Sep 2023 | AU$124.0b | AU$30.3b | AU$7.4b | 20.2x | 16.8x | 4.1x |
| Wed, 23 Aug 2023 | AU$123.3b | AU$30.0b | AU$7.3b | 20.5x | 16.8x | 4.1x |
| Fri, 21 Jul 2023 | AU$130.8b | AU$29.7b | AU$7.5b | 20.8x | 17.5x | 4.4x |
| Sun, 18 Jun 2023 | AU$128.8b | AU$29.8b | AU$7.5b | 20.1x | 17.1x | 4.3x |
| Tue, 16 May 2023 | AU$126.8b | AU$29.8b | AU$7.5b | 20.5x | 16.8x | 4.3x |
| Thu, 13 Apr 2023 | AU$128.2b | AU$28.9b | AU$7.3b | 20.6x | 17.5x | 4.4x |
| Sat, 11 Mar 2023 | AU$131.2b | AU$28.9b | AU$7.3b | 20.7x | 17.9x | 4.5x |
| Mon, 06 Feb 2023 | AU$135.7b | AU$29.0b | AU$7.6b | 17.9x | 17.9x | 4.7x |
| Wed, 04 Jan 2023 | AU$122.1b | AU$28.9b | AU$7.6b | 16.5x | 16.1x | 4.2x |
| Fri, 02 Dec 2022 | AU$130.2b | AU$28.9b | AU$7.6b | 16.8x | 17.1x | 4.5x |
| Sun, 30 Oct 2022 | AU$120.0b | AU$29.1b | AU$7.7b | 17x | 15.6x | 4.1x |
| Tue, 27 Sep 2022 | AU$120.9b | AU$28.3b | AU$7.3b | 17.1x | 16.5x | 4.3x |
| Thu, 25 Aug 2022 | AU$131.6b | AU$27.7b | AU$7.3b | 16.4x | 18.1x | 4.8x |
| Sat, 23 Jul 2022 | AU$133.3b | AU$27.7b | AU$7.2b | 14.5x | 18.5x | 4.8x |
| Mon, 20 Jun 2022 | AU$121.2b | AU$27.7b | AU$7.2b | 14.9x | 16.9x | 4.4x |
| Wed, 18 May 2022 | AU$133.8b | AU$27.8b | AU$7.2b | 15.8x | 18.6x | 4.8x |
| Fri, 15 Apr 2022 | AU$145.2b | AU$25.5b | AU$6.6b | 16.2x | 22.1x | 5.7x |
| Sun, 13 Mar 2022 | AU$138.4b | AU$29.1b | AU$7.2b | 15.4x | 19.1x | 4.8x |
| Tue, 08 Feb 2022 | AU$145.1b | AU$24.4b | AU$6.8b | 15.2x | 21.4x | 6x |
Price to Earnings Ratio
21.4x
Current Industry PE
- Investors are optimistic on the Australian Capital Markets industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 27.3x which is higher than its 3-year average PE of 19.8x.
- The 3-year average PS ratio of 4.7x is lower than the industry's current PS ratio of 5.8x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have declined 2.0% per year over the last three years.
- Meanwhile revenues for these companies have grown 7.1% 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 Trends
Which industries have driven the changes within the Australian Financials industry?
| AU Market | 1.42% | |
| Financials | 1.48% | |
| Capital Markets | 0.55% | |
| Investment Banking and Brokerage | 4.35% | |
| Diversified Capital Markets | 0.60% | |
| Asset Management | 0.30% | |
| Financial Exchanges and Data | -0.69% | |
Industry PE
- Investors are most optimistic about the Investment Banking and Brokerage industry which is trading above its 3-year average PE ratio of 71.5x.
- Analysts are expecting annual earnings growth of 22.6%, which is higher than its past year's earnings growth of 16.0% per year.
- Investors are most pessimistic about the Diversified Capital Markets industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 16.7x.
Forecasted Growth
- Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings growth rate of 16% per year.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 4.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MQG Macquarie Group | AU$240.80 | 0.6% +AU$520.4m | 25.9% | PE24.5x | |
| GQG GQG Partners | AU$2.15 | 4.9% +AU$295.3m | 14.4% | PE11.3x | |
| HUB HUB24 | AU$80.65 | 4.6% +AU$290.2m | 117.3% | PE138.6x | |
| NWL Netwealth Group | AU$31.55 | 3.2% +AU$239.9m | 88.2% | PE92.6x | |
| EQT EQT Holdings | AU$34.33 | 4.2% +AU$36.9m | 22.2% | PE44.4x |