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Australian (ASX) Capital Markets Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies84
- 7D-3.5%
- 3M-0.05%
- 1Y21.2%
- YTD18.7%
Over the last 7 days, the Capital Markets industry has dropped 1.9%, driven by Macquarie Group declining 3.2%. On the other hand Raiz Invest is actually up 13%. This takes the industry's 12 month performance to a gain of 23%. Earnings are forecast to grow by 12% annually.
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, 21 Dec 2024 | AU$162.2b | AU$30.1b | AU$6.4b | 20.5x | 25.5x | 5.4x |
| Mon, 18 Nov 2024 | AU$169.7b | AU$30.1b | AU$6.3b | 20x | 26.8x | 5.6x |
| Wed, 16 Oct 2024 | AU$168.2b | AU$29.7b | AU$6.1b | 19.2x | 27.5x | 5.7x |
| Fri, 13 Sep 2024 | AU$156.1b | AU$29.6b | AU$6.1b | 17.5x | 25.8x | 5.3x |
| Sun, 11 Aug 2024 | AU$146.8b | AU$28.9b | AU$6.3b | 21.3x | 23.3x | 5.1x |
| Tue, 09 Jul 2024 | AU$146.5b | AU$28.9b | AU$6.3b | 22x | 23.3x | 5.1x |
| Thu, 06 Jun 2024 | AU$141.2b | AU$28.9b | AU$6.3b | 20.8x | 22.4x | 4.9x |
| Sat, 04 May 2024 | AU$136.7b | AU$28.7b | AU$6.4b | 20.7x | 21.2x | 4.8x |
| Mon, 01 Apr 2024 | AU$144.0b | AU$30.4b | AU$7.1b | 20.9x | 20.3x | 4.7x |
| Wed, 28 Feb 2024 | AU$140.7b | AU$30.4b | AU$7.1b | 25.2x | 19.8x | 4.6x |
| Fri, 26 Jan 2024 | AU$138.4b | AU$30.3b | AU$7.0b | 21.7x | 19.9x | 4.6x |
| Sun, 24 Dec 2023 | AU$132.6b | AU$30.1b | AU$6.8b | 20.5x | 19.4x | 4.4x |
| Tue, 21 Nov 2023 | AU$124.0b | AU$30.1b | AU$6.8b | 19.7x | 18.1x | 4.1x |
| Thu, 19 Oct 2023 | AU$121.6b | AU$30.3b | AU$7.4b | 19.6x | 16.5x | 4x |
| Sat, 16 Sep 2023 | AU$124.8b | AU$30.3b | AU$7.4b | 20.3x | 16.9x | 4.1x |
| Mon, 14 Aug 2023 | AU$126.9b | AU$29.7b | AU$7.4b | 21x | 17.1x | 4.3x |
| Wed, 12 Jul 2023 | AU$124.9b | AU$29.7b | AU$7.5b | 20.3x | 16.7x | 4.2x |
| Fri, 09 Jun 2023 | AU$122.8b | AU$29.8b | AU$7.5b | 20.2x | 16.3x | 4.1x |
| Sun, 07 May 2023 | AU$127.3b | AU$29.8b | AU$7.5b | 20.3x | 16.9x | 4.3x |
| Tue, 04 Apr 2023 | AU$126.3b | AU$28.9b | AU$7.3b | 19.6x | 17.2x | 4.4x |
| Thu, 02 Mar 2023 | AU$133.3b | AU$28.9b | AU$7.4b | 21.3x | 17.9x | 4.6x |
| Sat, 28 Jan 2023 | AU$133.7b | AU$28.9b | AU$7.6b | 17.3x | 17.6x | 4.6x |
| Mon, 26 Dec 2022 | AU$122.3b | AU$28.9b | AU$7.6b | 16.6x | 16.1x | 4.2x |
| Wed, 23 Nov 2022 | AU$127.9b | AU$29.0b | AU$7.6b | 17.1x | 16.8x | 4.4x |
| Fri, 21 Oct 2022 | AU$117.2b | AU$28.3b | AU$7.4b | 16.4x | 15.8x | 4.1x |
| Sun, 18 Sep 2022 | AU$127.1b | AU$28.3b | AU$7.3b | 17.2x | 17.3x | 4.5x |
| Tue, 16 Aug 2022 | AU$136.9b | AU$27.8b | AU$7.2b | 14.9x | 19x | 4.9x |
| Thu, 14 Jul 2022 | AU$128.6b | AU$27.7b | AU$7.2b | 14.9x | 17.9x | 4.6x |
| Sat, 11 Jun 2022 | AU$129.4b | AU$27.8b | AU$7.2b | 15.9x | 17.9x | 4.7x |
| Mon, 09 May 2022 | AU$138.0b | AU$27.9b | AU$7.3b | 15.7x | 18.8x | 4.9x |
| Wed, 06 Apr 2022 | AU$147.2b | AU$25.5b | AU$6.6b | 16.3x | 22.4x | 5.8x |
| Fri, 04 Mar 2022 | AU$140.2b | AU$28.8b | AU$7.2b | 15.4x | 19.4x | 4.9x |
| Sun, 30 Jan 2022 | AU$141.8b | AU$24.3b | AU$6.8b | 14.8x | 20.9x | 5.8x |
| Tue, 28 Dec 2021 | AU$155.6b | AU$24.3b | AU$6.7b | 15.5x | 23.3x | 6.4x |
Price to Earnings Ratio
23.3x
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 26.0x which is higher than its 3-year average PE of 19.7x.
- The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 5.5x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 7.4% 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 Trends
Which industries have driven the changes within the Australian Financials industry?
| AU Market | -2.74% | |
| Financials | -3.28% | |
| Capital Markets | -3.46% | |
| Investment Banking and Brokerage | -2.14% | |
| Diversified Capital Markets | -3.23% | |
| Asset Management | -3.46% | |
| Financial Exchanges and Data | -5.48% | |
Industry PE
- Investors are most optimistic about the Investment Banking and Brokerage industry which is trading above its 3-year average PE ratio of 70.0x.
- Analysts are expecting annual earnings growth of 20.9%, 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 16.5x.
Forecasted Growth
- Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 21% 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 4.0% 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 | |
|---|---|---|---|---|---|
| RZI Raiz Invest | AU$0.56 | 12.5% +AU$6.6m | 42.4% | PS2.6x | |
| PAC Pacific Current Group | AU$11.70 | 1.0% +AU$6.3m | 34.8% | PE5.5x | |
| MFF MFF Capital Investments | AU$4.62 | 0.2% +AU$5.8m | 49.0% | PE6x | |
| EP1 E&P Financial Group | AU$0.52 | 5.1% +AU$5.3m | 6.2% | PS0.7x | |
| DJW Djerriwarrh Investments | AU$3.17 | 0.6% +AU$5.3m | 4.6% | PE21.5x |
