There's Reason For Concern Over Australian Foundation Investment Company Limited's (ASX:AFI) Price
Mar 27
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Australian (ASX) Asset Management Industry Analysis
UpdatedApr 13, 2025
DataAggregated Company Financials
Companies68
- 7D1.0%
- 3M-13.6%
- 1Y-2.3%
- YTDn/a
In the last week, the Asset Management industry is up 1.0%, with Netwealth Group up 13%. In the same time, HMC Capital was down 13%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 17% 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 |
|---|---|---|---|---|---|---|
| Sun, 13 Apr 2025 | AU$55.2b | AU$9.7b | AU$3.1b | 13.1x | 17.9x | 5.7x |
| Tue, 11 Mar 2025 | AU$61.6b | AU$9.7b | AU$3.1b | 14.5x | 20x | 6.4x |
| Thu, 06 Feb 2025 | AU$66.9b | AU$10.1b | AU$2.5b | 18.7x | 26.4x | 6.6x |
| Sat, 04 Jan 2025 | AU$64.5b | AU$9.8b | AU$2.3b | 18.6x | 28.6x | 6.6x |
| Mon, 02 Dec 2024 | AU$66.4b | AU$9.7b | AU$2.2b | 18.8x | 29.9x | 6.8x |
| Wed, 30 Oct 2024 | AU$64.3b | AU$9.7b | AU$2.2b | 19x | 28.8x | 6.6x |
| Fri, 27 Sep 2024 | AU$58.4b | AU$9.6b | AU$2.1b | 18x | 27.3x | 6.1x |
| Sun, 25 Aug 2024 | AU$56.9b | AU$9.4b | AU$2.5b | 20.7x | 22.6x | 6x |
| Tue, 23 Jul 2024 | AU$56.7b | AU$9.0b | AU$2.4b | 22.3x | 23.4x | 6.3x |
| Thu, 20 Jun 2024 | AU$54.6b | AU$9.0b | AU$2.4b | 20.8x | 22.6x | 6x |
| Sat, 18 May 2024 | AU$53.2b | AU$9.1b | AU$2.4b | 22.2x | 22x | 5.9x |
| Mon, 15 Apr 2024 | AU$53.8b | AU$9.1b | AU$2.4b | 22.7x | 22.1x | 5.9x |
| Wed, 13 Mar 2024 | AU$52.4b | AU$9.1b | AU$2.4b | 22.8x | 21.6x | 5.8x |
| Fri, 09 Feb 2024 | AU$52.2b | AU$8.6b | AU$2.4b | 21.6x | 21.8x | 6.1x |
| Sun, 07 Jan 2024 | AU$52.1b | AU$9.0b | AU$2.3b | 20.6x | 22.3x | 5.8x |
| Tue, 05 Dec 2023 | AU$47.7b | AU$8.9b | AU$2.3b | 19.4x | 20.5x | 5.3x |
| Thu, 02 Nov 2023 | AU$42.7b | AU$8.5b | AU$2.0b | 19.3x | 21.2x | 5x |
| Sat, 30 Sep 2023 | AU$45.7b | AU$8.5b | AU$2.0b | 19.3x | 22.7x | 5.4x |
| Mon, 28 Aug 2023 | AU$45.6b | AU$8.5b | AU$1.9b | 19.6x | 23.8x | 5.4x |
| Wed, 26 Jul 2023 | AU$46.8b | AU$8.1b | AU$2.0b | 22.5x | 22.9x | 5.8x |
| Fri, 23 Jun 2023 | AU$46.0b | AU$8.2b | AU$2.1b | 20.7x | 21.8x | 5.6x |
| Sun, 21 May 2023 | AU$45.1b | AU$8.2b | AU$2.1b | 20.8x | 21.3x | 5.5x |
| Tue, 18 Apr 2023 | AU$45.0b | AU$8.2b | AU$2.1b | 21.2x | 21.3x | 5.5x |
| Thu, 16 Mar 2023 | AU$45.0b | AU$8.2b | AU$2.1b | 21.5x | 21.2x | 5.5x |
| Sat, 11 Feb 2023 | AU$47.0b | AU$8.4b | AU$2.2b | 21.4x | 21.7x | 5.6x |
| Mon, 09 Jan 2023 | AU$44.5b | AU$8.4b | AU$2.2b | 17.7x | 20.5x | 5.3x |
| Wed, 07 Dec 2022 | AU$44.6b | AU$8.4b | AU$2.2b | 17.3x | 20.5x | 5.3x |
| Fri, 04 Nov 2022 | AU$43.7b | AU$8.5b | AU$2.2b | 17.9x | 19.4x | 5.1x |
| Sun, 02 Oct 2022 | AU$43.0b | AU$8.5b | AU$2.2b | 17x | 19.8x | 5.1x |
| Tue, 30 Aug 2022 | AU$46.3b | AU$8.4b | AU$2.2b | 17.4x | 20.8x | 5.5x |
| Thu, 28 Jul 2022 | AU$47.8b | AU$8.1b | AU$2.1b | 13.9x | 22.6x | 5.9x |
| Sat, 25 Jun 2022 | AU$45.2b | AU$8.0b | AU$2.0b | 14.9x | 22.3x | 5.6x |
| Mon, 23 May 2022 | AU$47.9b | AU$8.1b | AU$2.1b | 14.9x | 23.2x | 5.9x |
| Wed, 20 Apr 2022 | AU$50.9b | AU$8.0b | AU$2.1b | 16x | 24.8x | 6.4x |
Price to Earnings Ratio
24.8x
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 17.9x which is lower than its 3-year average PE of 22.8x.
- 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 6.6% 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 | 0.081% | |
| Financials | -0.40% | |
| Capital Markets | 2.77% | |
| Asset Management | 1.05% | |
| Financial Exchanges and Data | 7.91% | |
| Investment Banking and Brokerage | 7.21% | |
| Diversified Capital Markets | 2.85% | |
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$25.45 | 13.2% +AU$727.4m | 26.4% | PE61.3x | |
| GQG GQG Partners | AU$2.03 | 7.7% +AU$428.5m | -15.8% | PE8.9x | |
| MFF MFF Capital Investments | AU$4.21 | 5.3% +AU$122.3m | 15.3% | PE3.6x | |
| PNI Pinnacle Investment Management Group | AU$16.00 | 3.5% +AU$119.0m | 42.9% | PE26x | |
| MFG Magellan Financial Group | AU$7.24 | 2.4% +AU$26.6m | -23.7% | PE5.6x |
