Here's Why We Think GQG Partners (ASX:GQG) Is Well Worth Watching
May 19
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Australian (ASX) Asset Management Industry Analysis
UpdatedMay 28, 2025
DataAggregated Company Financials
Companies69
- 7D-1.4%
- 3M-8.6%
- 1Y6.0%
- YTDn/a
Over the last 7 days, the Asset Management industry has dropped 1.4%, driven by declines in HMC Capital and GQG Partners of 6.4% and 1.9%, respectively. This takes the industry's 12 month performance to a gain of 6.0%. Earnings are forecast to grow by 16% annually.
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, 29 May 2025 | AU$59.4b | AU$9.6b | AU$3.1b | 14.5x | 19.4x | 6.2x |
| Sat, 26 Apr 2025 | AU$56.7b | AU$9.7b | AU$3.1b | 13.5x | 18.5x | 5.9x |
| Mon, 24 Mar 2025 | AU$60.4b | AU$9.7b | AU$3.1b | 14.3x | 19.6x | 6.2x |
| Wed, 19 Feb 2025 | AU$68.8b | AU$10.4b | AU$2.8b | 18.6x | 24.5x | 6.6x |
| Fri, 17 Jan 2025 | AU$63.3b | AU$9.8b | AU$2.3b | 18.9x | 28.1x | 6.5x |
| Sun, 15 Dec 2024 | AU$68.2b | AU$9.7b | AU$2.2b | 19.5x | 30.5x | 7x |
| Tue, 12 Nov 2024 | AU$66.1b | AU$9.7b | AU$2.2b | 19.2x | 29.7x | 6.8x |
| Thu, 10 Oct 2024 | AU$62.1b | AU$9.7b | AU$2.2b | 18x | 28x | 6.4x |
| Sat, 07 Sep 2024 | AU$55.0b | AU$9.6b | AU$2.2b | 16.8x | 25.6x | 5.7x |
| Mon, 05 Aug 2024 | AU$57.7b | AU$9.1b | AU$2.4b | 21.7x | 23.6x | 6.4x |
| Wed, 03 Jul 2024 | AU$54.7b | AU$9.0b | AU$2.4b | 21.8x | 22.6x | 6x |
| Fri, 31 May 2024 | AU$53.2b | AU$9.0b | AU$2.4b | 22.9x | 22x | 5.9x |
| Sun, 28 Apr 2024 | AU$52.6b | AU$9.1b | AU$2.4b | 22.6x | 21.6x | 5.8x |
| Tue, 26 Mar 2024 | AU$53.8b | AU$9.1b | AU$2.4b | 23.2x | 22.1x | 5.9x |
| Thu, 22 Feb 2024 | AU$52.0b | AU$8.7b | AU$2.5b | 21.1x | 20.9x | 6x |
| Sat, 20 Jan 2024 | AU$52.4b | AU$9.0b | AU$2.3b | 20.8x | 22.4x | 5.8x |
| Mon, 18 Dec 2023 | AU$50.0b | AU$8.9b | AU$2.3b | 20.1x | 21.6x | 5.6x |
| Wed, 15 Nov 2023 | AU$46.1b | AU$9.0b | AU$2.3b | 19.1x | 19.7x | 5.1x |
| Fri, 13 Oct 2023 | AU$45.4b | AU$8.5b | AU$2.0b | 19.3x | 22.5x | 5.4x |
| Sun, 10 Sep 2023 | AU$46.2b | AU$8.5b | AU$2.0b | 19.9x | 22.9x | 5.5x |
| Tue, 08 Aug 2023 | AU$46.7b | AU$8.0b | AU$2.0b | 20.9x | 23.4x | 5.8x |
| Thu, 06 Jul 2023 | AU$46.1b | AU$8.1b | AU$2.1b | 22x | 22.3x | 5.7x |
| Sat, 03 Jun 2023 | AU$44.2b | AU$8.2b | AU$2.1b | 20.5x | 20.9x | 5.4x |
| Mon, 01 May 2023 | AU$45.0b | AU$8.2b | AU$2.1b | 20.7x | 21.2x | 5.5x |
| Wed, 29 Mar 2023 | AU$43.8b | AU$8.2b | AU$2.1b | 20.9x | 20.7x | 5.4x |
| Fri, 24 Feb 2023 | AU$46.9b | AU$8.2b | AU$2.3b | 20.3x | 20.3x | 5.7x |
| Sun, 22 Jan 2023 | AU$45.5b | AU$8.4b | AU$2.2b | 17.9x | 21.1x | 5.4x |
| Tue, 20 Dec 2022 | AU$43.6b | AU$8.4b | AU$2.2b | 17.3x | 20x | 5.2x |
| Thu, 17 Nov 2022 | AU$45.3b | AU$8.4b | AU$2.2b | 17.7x | 20.8x | 5.4x |
| Sat, 15 Oct 2022 | AU$43.1b | AU$8.5b | AU$2.3b | 17.3x | 19.1x | 5.1x |
| Mon, 12 Sep 2022 | AU$45.9b | AU$8.4b | AU$2.2b | 18.2x | 21.2x | 5.4x |
| Wed, 10 Aug 2022 | AU$49.9b | AU$8.1b | AU$2.1b | 14.6x | 23.6x | 6.2x |
| Fri, 08 Jul 2022 | AU$45.4b | AU$8.0b | AU$2.0b | 14.9x | 22.3x | 5.6x |
| Sun, 05 Jun 2022 | AU$49.6b | AU$8.1b | AU$2.1b | 15.6x | 24x | 6.1x |
Price to Earnings Ratio
24x
Current Industry PE
- Investors are pessimistic on the Australian Asset Management and Custody Banks 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 19.4x which is lower than its 3-year average PE of 22.6x.
- The industry is trading close to its 3-year average PS ratio of 5.8x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 6.1% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian Asset Management compare with similar industries?
| AU Market | 0.73% | |
| Financials | 1.16% | |
| Capital Markets | -0.11% | |
| Asset Management | -1.37% | |
| Diversified Capital Markets | 0.92% | |
| Financial Exchanges and Data | 0.054% | |
| Investment Banking and Brokerage | -0.55% | |
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 | |
|---|---|---|---|---|---|
| NWL Netwealth Group | AU$31.38 | 3.6% +AU$264.5m | 55.6% | PE75.6x | |
| AFI Australian Foundation Investment | AU$7.21 | 0.6% +AU$50.2m | 0.8% | PE30.1x | |
| MAF MA Financial Group | AU$7.09 | 4.4% +AU$48.9m | 54.1% | PE27.6x | |
| PL8 Plato Income Maximiser | AU$1.36 | 3.4% +AU$33.7m | 12.0% | PE15.4x | |
| PNI Pinnacle Investment Management Group | AU$19.70 | 0.7% +AU$30.9m | 49.1% | PE32x |
