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Australian (ASX) Asset Management Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies70
- 7D-3.5%
- 3M5.0%
- 1Y21.7%
- YTDn/a
Over the last 7 days, the Asset Management industry has dropped 3.2%, driven by HMC Capital declining 12%. This takes the industry's 12 month performance to a gain of 23%. As for the next few years, earnings are expected to grow by 19% per annum.
Industry Valuation and Performance
Has the Australian Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | AU$63.4b | AU$9.8b | AU$2.3b | 19x | 28.2x | 6.5x |
| Mon, 18 Nov 2024 | AU$66.5b | AU$9.7b | AU$2.2b | 19x | 29.8x | 6.8x |
| Wed, 16 Oct 2024 | AU$63.7b | AU$9.7b | AU$2.2b | 18.2x | 28.7x | 6.6x |
| Fri, 13 Sep 2024 | AU$55.7b | AU$9.6b | AU$2.2b | 16.8x | 25.9x | 5.8x |
| Sun, 11 Aug 2024 | AU$56.0b | AU$9.1b | AU$2.4b | 21.1x | 23x | 6.2x |
| Tue, 09 Jul 2024 | AU$55.3b | AU$9.0b | AU$2.4b | 22.8x | 22.9x | 6.1x |
| Thu, 06 Jun 2024 | AU$53.7b | AU$9.0b | AU$2.4b | 22.6x | 22.2x | 5.9x |
| Sat, 04 May 2024 | AU$53.0b | AU$9.1b | AU$2.4b | 23x | 21.8x | 5.8x |
| Mon, 01 Apr 2024 | AU$53.8b | AU$9.1b | AU$2.4b | 23.2x | 22.1x | 5.9x |
| Wed, 28 Feb 2024 | AU$52.3b | AU$9.0b | AU$2.4b | 25.1x | 21.7x | 5.8x |
| Fri, 26 Jan 2024 | AU$53.0b | AU$9.2b | AU$2.4b | 21.6x | 21.7x | 5.8x |
| Sun, 24 Dec 2023 | AU$50.4b | AU$8.9b | AU$2.3b | 20.3x | 21.8x | 5.7x |
| Tue, 21 Nov 2023 | AU$47.1b | AU$8.9b | AU$2.3b | 19.5x | 20.2x | 5.3x |
| Thu, 19 Oct 2023 | AU$44.7b | AU$8.5b | AU$2.0b | 19.5x | 22.2x | 5.3x |
| Sat, 16 Sep 2023 | AU$46.7b | AU$8.5b | AU$2.0b | 20.2x | 23.2x | 5.5x |
| Mon, 14 Aug 2023 | AU$46.6b | AU$8.1b | AU$2.0b | 21.8x | 23.3x | 5.8x |
| Wed, 12 Jul 2023 | AU$45.4b | AU$8.1b | AU$2.1b | 22.8x | 22x | 5.6x |
| Fri, 09 Jun 2023 | AU$44.6b | AU$8.2b | AU$2.1b | 20.6x | 21.1x | 5.5x |
| Sun, 07 May 2023 | AU$45.1b | AU$8.2b | AU$2.1b | 20.9x | 21.4x | 5.5x |
| Tue, 04 Apr 2023 | AU$44.5b | AU$8.2b | AU$2.1b | 21x | 21.1x | 5.5x |
| Thu, 02 Mar 2023 | AU$46.6b | AU$8.2b | AU$2.2b | 21.6x | 21x | 5.7x |
| Sat, 28 Jan 2023 | AU$47.5b | AU$8.4b | AU$2.2b | 20.2x | 21.9x | 5.7x |
| Mon, 26 Dec 2022 | AU$43.6b | AU$8.4b | AU$2.2b | 17.7x | 20x | 5.2x |
| Wed, 23 Nov 2022 | AU$45.4b | AU$8.4b | AU$2.2b | 17.3x | 20.8x | 5.4x |
| Fri, 21 Oct 2022 | AU$42.5b | AU$8.5b | AU$2.3b | 16.9x | 18.9x | 5x |
| Sun, 18 Sep 2022 | AU$45.7b | AU$8.5b | AU$2.2b | 18x | 21.1x | 5.4x |
| Tue, 16 Aug 2022 | AU$50.1b | AU$8.1b | AU$2.1b | 14.9x | 24.3x | 6.2x |
| Thu, 14 Jul 2022 | AU$45.3b | AU$8.0b | AU$2.0b | 14.9x | 22.3x | 5.6x |
| Sat, 11 Jun 2022 | AU$47.5b | AU$8.1b | AU$2.1b | 15.4x | 23x | 5.9x |
| Mon, 09 May 2022 | AU$49.2b | AU$8.0b | AU$2.1b | 15x | 24x | 6.1x |
| Wed, 06 Apr 2022 | AU$51.3b | AU$8.0b | AU$2.0b | 16.3x | 25x | 6.4x |
| Fri, 04 Mar 2022 | AU$54.2b | AU$11.3b | AU$2.7b | 15.4x | 20x | 4.8x |
| Sun, 30 Jan 2022 | AU$53.3b | AU$6.9b | AU$2.3b | 14x | 23.2x | 7.7x |
| Tue, 28 Dec 2021 | AU$58.8b | AU$6.9b | AU$2.2b | 15.2x | 26.9x | 8.5x |
Price to Earnings Ratio
26.9x
Current Industry PE
- Investors are optimistic on the Australian Asset Management and Custody Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 28.4x which is higher than its 3-year average PE of 22.7x.
- The 3-year average PS ratio of 5.9x is lower than the industry's current PS ratio of 6.5x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 12% 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 Comparison
How does Australian Asset Management compare with similar industries?
| AU Market | -2.74% | |
| Financials | -3.28% | |
| Capital Markets | -3.46% | |
| Asset Management | -3.46% | |
| Investment Banking and Brokerage | -2.14% | |
| Diversified Capital Markets | -3.23% | |
| Financial Exchanges and Data | -5.48% | |
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 | |
|---|---|---|---|---|---|
| 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 | |
| DJW Djerriwarrh Investments | AU$3.17 | 0.6% +AU$5.3m | 4.6% | PE21.5x | |
| CAF Centrepoint Alliance | AU$0.33 | 4.8% +AU$3.0m | 4.8% | PE8.3x | |
| SOR Strategic Elements | AU$0.048 | 14.3% +AU$2.8m | -38.5% | PB4.2x |
