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Australian (ASX) Asset Management Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies68
- 7D1.3%
- 3M10.2%
- 1Y37.4%
- YTDn/a
Over the last 7 days, the Asset Management industry has risen 1.3%, driven by gains from HMC Capital of 7.9%. This takes the industry's 12 month performance to a gain of 37%. 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | AU$66.6b | AU$9.7b | AU$2.2b | 19x | 29.9x | 6.9x |
| Sat, 19 Oct 2024 | AU$63.7b | AU$9.7b | AU$2.2b | 18.7x | 28.7x | 6.6x |
| Mon, 16 Sep 2024 | AU$55.9b | AU$9.6b | AU$2.2b | 16.9x | 26x | 5.8x |
| Wed, 14 Aug 2024 | AU$56.1b | AU$9.1b | AU$2.4b | 21x | 22.9x | 6.2x |
| Fri, 12 Jul 2024 | AU$55.8b | AU$9.0b | AU$2.4b | 22.5x | 23.1x | 6.2x |
| Sun, 09 Jun 2024 | AU$54.5b | AU$9.1b | AU$2.4b | 23.1x | 22.5x | 6x |
| Tue, 07 May 2024 | AU$53.2b | AU$9.1b | AU$2.4b | 22.6x | 21.9x | 5.9x |
| Thu, 04 Apr 2024 | AU$52.9b | AU$9.1b | AU$2.4b | 22.7x | 21.7x | 5.8x |
| Sat, 02 Mar 2024 | AU$52.9b | AU$9.3b | AU$2.4b | 25.8x | 21.8x | 5.7x |
| Mon, 29 Jan 2024 | AU$53.0b | AU$9.2b | AU$2.4b | 21.6x | 21.7x | 5.8x |
| Wed, 27 Dec 2023 | AU$50.4b | AU$8.9b | AU$2.3b | 20.3x | 21.8x | 5.7x |
| Fri, 24 Nov 2023 | AU$46.8b | AU$8.9b | AU$2.3b | 19.4x | 20.1x | 5.2x |
| Sun, 22 Oct 2023 | AU$43.5b | AU$8.5b | AU$2.0b | 19.5x | 21.6x | 5.1x |
| Tue, 19 Sep 2023 | AU$46.7b | AU$8.5b | AU$2.0b | 19.8x | 23.2x | 5.5x |
| Thu, 17 Aug 2023 | AU$46.0b | AU$8.0b | AU$2.0b | 22.7x | 23.6x | 5.7x |
| Sat, 15 Jul 2023 | AU$46.2b | AU$8.1b | AU$2.1b | 22.9x | 22.5x | 5.7x |
| Mon, 12 Jun 2023 | AU$44.8b | AU$8.2b | AU$2.1b | 20.6x | 21.2x | 5.5x |
| Wed, 10 May 2023 | AU$45.7b | AU$8.2b | AU$2.1b | 21.3x | 21.7x | 5.6x |
| Fri, 07 Apr 2023 | AU$44.3b | AU$8.2b | AU$2.1b | 21.7x | 20.9x | 5.4x |
| Sun, 05 Mar 2023 | AU$46.4b | AU$8.2b | AU$2.2b | 21.6x | 20.8x | 5.7x |
| Tue, 31 Jan 2023 | AU$47.7b | AU$8.4b | AU$2.2b | 20.2x | 22x | 5.7x |
| Thu, 29 Dec 2022 | AU$43.5b | AU$8.4b | AU$2.2b | 17.7x | 20x | 5.2x |
| Sat, 26 Nov 2022 | AU$45.4b | AU$8.4b | AU$2.2b | 17.3x | 20.8x | 5.4x |
| Mon, 24 Oct 2022 | AU$42.1b | AU$8.5b | AU$2.3b | 17x | 18.7x | 5x |
| Wed, 21 Sep 2022 | AU$45.0b | AU$8.5b | AU$2.2b | 17.6x | 20.8x | 5.3x |
| Fri, 19 Aug 2022 | AU$49.8b | AU$7.9b | AU$2.2b | 14.9x | 23.1x | 6.3x |
| Sun, 17 Jul 2022 | AU$45.0b | AU$8.0b | AU$2.0b | 14.9x | 22.2x | 5.6x |
| Tue, 14 Jun 2022 | AU$47.5b | AU$8.0b | AU$2.0b | 14.9x | 23.4x | 5.9x |
| Thu, 12 May 2022 | AU$48.7b | AU$8.1b | AU$2.1b | 14.9x | 23.6x | 6x |
| Sat, 09 Apr 2022 | AU$51.0b | AU$8.0b | AU$2.1b | 16.6x | 24.9x | 6.4x |
| Mon, 07 Mar 2022 | AU$53.3b | AU$11.2b | AU$2.7b | 15.2x | 19.7x | 4.8x |
| Wed, 02 Feb 2022 | AU$54.3b | AU$6.9b | AU$2.3b | 14.4x | 23.6x | 7.8x |
| Fri, 31 Dec 2021 | AU$59.5b | AU$6.9b | AU$2.2b | 15.4x | 27.2x | 8.6x |
| Sun, 28 Nov 2021 | AU$58.6b | AU$6.8b | AU$2.2b | 16.6x | 26.9x | 8.6x |
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 29.9x which is higher than its 3-year average PE of 22.6x.
- The 3-year average PS ratio of 5.9x is lower than the industry's current PS ratio of 6.9x.
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 13% 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 | 1.37% | |
| Financials | 2.36% | |
| Capital Markets | 0.72% | |
| Asset Management | 1.27% | |
| Investment Banking and Brokerage | 2.53% | |
| Financial Exchanges and Data | 2.09% | |
| Diversified Capital Markets | -0.065% | |
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 | |
|---|---|---|---|---|---|
| HMC HMC Capital | AU$11.73 | 7.9% +AU$354.5m | 145.4% | PE73.2x | |
| RPL Regal Partners | AU$4.15 | 12.5% +AU$154.3m | 69.4% | PE25x | |
| ARG Argo Investments | AU$9.05 | 2.1% +AU$143.8m | 5.7% | PE27.3x | |
| MFG Magellan Financial Group | AU$10.69 | 5.7% +AU$103.7m | 47.4% | PE8x | |
| PPT Perpetual | AU$21.13 | 3.9% +AU$88.3m | -3.8% | PS1.7x |
