HUB24 Limited's (ASX:HUB) CEO Will Probably Have Their Compensation Approved By Shareholders
Nov 09
Australian (ASX) Capital Markets Industry Analysis
UpdatedNov 29, 2023
DataAggregated Company Financials
Companies90
- 7D-1.0%
- 3M-4.5%
- 1Y-7.9%
- YTD-2.3%
Over the last 7 days, the Capital Markets industry has dropped 1.0%, driven by a pullback from Macquarie Group of 1.9%. However, the industry is down 7.9% over the past year. Looking forward, earnings are forecast to grow by 10% 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 |
|---|---|---|---|---|---|---|
| Wed, 29 Nov 2023 | AU$122.8b | AU$30.1b | AU$6.8b | 19.5x | 18x | 4.1x |
| Fri, 27 Oct 2023 | AU$116.2b | AU$30.3b | AU$7.4b | 19.4x | 15.7x | 3.8x |
| Sun, 24 Sep 2023 | AU$124.0b | AU$30.3b | AU$7.4b | 20.2x | 16.8x | 4.1x |
| Tue, 22 Aug 2023 | AU$123.3b | AU$30.0b | AU$7.3b | 20.5x | 16.8x | 4.1x |
| Thu, 20 Jul 2023 | AU$129.9b | AU$29.7b | AU$7.5b | 20.6x | 17.4x | 4.4x |
| Sat, 17 Jun 2023 | AU$128.8b | AU$29.8b | AU$7.5b | 20.1x | 17.1x | 4.3x |
| Mon, 15 May 2023 | AU$128.4b | AU$29.8b | AU$7.5b | 20.5x | 17x | 4.3x |
| Wed, 12 Apr 2023 | AU$127.8b | AU$28.9b | AU$7.3b | 20.9x | 17.4x | 4.4x |
| Fri, 10 Mar 2023 | AU$134.0b | AU$28.9b | AU$7.3b | 20.6x | 18.2x | 4.6x |
| Sun, 05 Feb 2023 | AU$135.7b | AU$29.0b | AU$7.6b | 17.9x | 17.9x | 4.7x |
| Tue, 03 Jan 2023 | AU$122.1b | AU$28.9b | AU$7.6b | 16.6x | 16.1x | 4.2x |
| Thu, 01 Dec 2022 | AU$128.4b | AU$28.9b | AU$7.6b | 16.8x | 16.9x | 4.4x |
| Sat, 29 Oct 2022 | AU$120.0b | AU$29.2b | AU$7.7b | 17x | 15.6x | 4.1x |
| Mon, 26 Sep 2022 | AU$122.3b | AU$28.3b | AU$7.3b | 16.5x | 16.7x | 4.3x |
| Wed, 24 Aug 2022 | AU$131.2b | AU$27.7b | AU$7.3b | 16.8x | 17.9x | 4.7x |
| Fri, 22 Jul 2022 | AU$133.3b | AU$27.7b | AU$7.2b | 14.5x | 18.5x | 4.8x |
| Sun, 19 Jun 2022 | AU$121.2b | AU$27.7b | AU$7.2b | 14.9x | 16.9x | 4.4x |
| Tue, 17 May 2022 | AU$133.7b | AU$27.8b | AU$7.2b | 15.5x | 18.5x | 4.8x |
| Thu, 14 Apr 2022 | AU$145.0b | AU$25.5b | AU$6.6b | 16.4x | 22x | 5.7x |
| Sat, 12 Mar 2022 | AU$138.4b | AU$29.1b | AU$7.2b | 15.4x | 19.1x | 4.8x |
| Mon, 07 Feb 2022 | AU$144.8b | AU$24.4b | AU$6.8b | 15.2x | 21.3x | 5.9x |
| Wed, 05 Jan 2022 | AU$159.0b | AU$24.3b | AU$6.7b | 15.6x | 23.8x | 6.5x |
| Fri, 03 Dec 2021 | AU$151.1b | AU$24.2b | AU$6.7b | 16.2x | 22.7x | 6.2x |
| Sun, 31 Oct 2021 | AU$155.9b | AU$23.8b | AU$6.4b | 17.6x | 24.4x | 6.5x |
| Tue, 28 Sep 2021 | AU$148.8b | AU$24.9b | AU$5.9b | 18.4x | 25.1x | 6x |
| Thu, 26 Aug 2021 | AU$142.4b | AU$21.9b | AU$5.6b | 17x | 25.4x | 6.5x |
| Fri, 02 Jul 2021 | AU$135.7b | AU$21.9b | AU$5.6b | 15.4x | 24.2x | 6.2x |
| Mon, 05 Apr 2021 | AU$124.1b | AU$21.2b | AU$5.4b | 14.3x | 23x | 5.9x |
| Thu, 07 Jan 2021 | AU$119.9b | AU$20.0b | AU$4.8b | 19.7x | 24.7x | 6x |
Price to Earnings Ratio
27.6x
Current Industry PE
- Investors are pessimistic on the Australian Capital Markets industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 18.0x which is lower than its 3-year average PE of 20.4x.
- The 3-year average PS ratio of 5.2x is higher than the industry's current PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Australian Financials industry?
| AU Market | -0.89% | |
| Financials | 0.22% | |
| Capital Markets | -1.04% | |
| Financial Exchanges and Data | 0.39% | |
| Investment Banking and Brokerage | -0.28% | |
| Asset Management | -0.35% | |
| Diversified Capital Markets | -1.87% | |
Industry PE
- Investors are most optimistic about the Investment Banking and Brokerage industry even though it's trading below its 3-year average PE ratio of 86.8x.
- Analysts are expecting annual earnings growth of 24.6%, which is higher than its past year's earnings decline of 24.7% per year.
- Investors are most pessimistic about the Diversified Capital Markets industry, which is trading close to its 3-year average of 16.3x.
Forecasted Growth
- Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 25% per year.
- In contrast, the Diversified Capital Markets industry is expected to see its earnings grow by 7.3% 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 | |
|---|---|---|---|---|---|
| ASX ASX | AU$58.08 | 1.7% +AU$189.7m | -17.6% | PE35.4x | |
| NWL Netwealth Group | AU$14.75 | 4.5% +AU$156.2m | 7.3% | PE53.6x | |
| GQG GQG Partners | AU$1.48 | 2.8% +AU$118.1m | 0% | PE12.3x | |
| PTM Platinum Investment Management | AU$1.25 | 8.3% +AU$53.6m | -31.0% | PE8.7x | |
| PPT Perpetual | AU$22.36 | 1.8% +AU$43.6m | -10.6% | PE42.3x |
