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Australian (ASX) Asset Management Industry Analysis

UpdatedApr 21, 2024
DataAggregated Company Financials
Companies69
  • 7D-3.4%
  • 3M3.4%
  • 1Y9.5%
  • YTDn/a

Over the last 7 days, the Asset Management industry has dropped 1.1%, driven by declines in GQG Partners and Netwealth Group of 4.6% and 6.5%, respectively. Over the past 12 months, the industry was up 11%. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the Australian Asset Management Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Apr 2024AU$52.0bAU$9.1bAU$2.4b22.8x21.3x5.7x
Tue, 19 Mar 2024AU$52.5bAU$9.1bAU$2.4b22.8x21.6x5.8x
Thu, 15 Feb 2024AU$51.7bAU$8.6bAU$2.4b20.8x21.5x6x
Sat, 13 Jan 2024AU$52.6bAU$9.0bAU$2.3b20.9x22.5x5.8x
Mon, 11 Dec 2023AU$48.7bAU$8.9bAU$2.3b19.6x21x5.5x
Wed, 08 Nov 2023AU$45.7bAU$9.0bAU$2.3b19.5x19.6x5.1x
Fri, 06 Oct 2023AU$45.4bAU$8.5bAU$2.0b19.3x22.5x5.4x
Sun, 03 Sep 2023AU$46.7bAU$8.5bAU$2.0b19.6x23.2x5.5x
Tue, 01 Aug 2023AU$47.1bAU$8.0bAU$2.0b22.2x23.8x5.9x
Thu, 29 Jun 2023AU$44.8bAU$8.2bAU$2.1b21.5x21.2x5.5x
Sat, 27 May 2023AU$44.2bAU$8.2bAU$2.1b20.6x20.8x5.4x
Mon, 24 Apr 2023AU$45.2bAU$8.2bAU$2.1b21x21.4x5.5x
Wed, 22 Mar 2023AU$43.9bAU$8.2bAU$2.1b21.2x20.7x5.4x
Fri, 17 Feb 2023AU$47.6bAU$8.4bAU$2.2b22x21.9x5.7x
Sun, 15 Jan 2023AU$45.7bAU$8.4bAU$2.2b17.6x21x5.5x
Tue, 13 Dec 2022AU$43.9bAU$8.4bAU$2.2b17.8x20.1x5.2x
Thu, 10 Nov 2022AU$43.2bAU$8.4bAU$2.2b17.3x19.8x5.1x
Sat, 08 Oct 2022AU$43.6bAU$8.5bAU$2.2b17.6x20.1x5.1x
Mon, 05 Sep 2022AU$45.8bAU$8.4bAU$2.2b18.3x21.2x5.4x
Wed, 03 Aug 2022AU$49.2bAU$8.1bAU$2.1b13.9x23.3x6.1x
Fri, 01 Jul 2022AU$44.8bAU$8.0bAU$2.0b14.9x22.1x5.6x
Sun, 29 May 2022AU$48.6bAU$8.1bAU$2.1b15.2x23.5x6x
Tue, 26 Apr 2022AU$50.2bAU$8.0bAU$2.1b15.7x24.5x6.3x
Thu, 24 Mar 2022AU$54.8bAU$11.5bAU$2.7b15.3x20.3x4.8x
Sat, 19 Feb 2022AU$53.4bAU$7.1bAU$2.4b15.7x22.2x7.5x
Mon, 17 Jan 2022AU$57.5bAU$6.9bAU$2.2b15.1x26.3x8.4x
Wed, 15 Dec 2021AU$59.1bAU$6.8bAU$2.2b15x27.1x8.7x
Fri, 12 Nov 2021AU$60.9bAU$6.4bAU$1.8b18.6x33.9x9.5x
Sun, 10 Oct 2021AU$58.8bAU$6.4bAU$1.9b19.2x31.3x9.2x
Tue, 07 Sep 2021AU$64.1bAU$6.8bAU$2.1b17.6x30x9.4x
Thu, 05 Aug 2021AU$63.1bAU$6.8bAU$2.1b15.8x29.5x9.2x
Sun, 09 May 2021AU$56.9bAU$6.2bAU$2.0b14.4x29.1x9.2x
Price to Earnings Ratio

29.1x


Total Market Cap: AU$56.9bTotal Earnings: AU$2.0bTotal Revenue: AU$6.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Asset Management Industry Price to Earnings3Y Average 23.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the Australian Asset Management and Custody Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 23.7x.
  • The 3-year average PS ratio of 6.5x is higher than the industry's current PS ratio of 5.8x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks industry have grown 7.6% per year over the last three years.
  • Revenues for these companies have grown 14% 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-2.96%
Financials-3.08%
Capital Markets-3.34%
Asset Management-3.42%
Financial Exchanges and Data-2.29%
Diversified Capital Markets-3.39%
Investment Banking and Brokerage-4.46%
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?

CompanyLast Price7D1YValuation
NGI Navigator Global InvestmentsAU$1.670.9%
+AU$7.3m
58.6%PE53.1x
FID Fiducian GroupAU$7.892.2%
+AU$5.4m
32.6%PE18.2x
AMH AMCILAU$1.121.4%
+AU$4.7m
10.9%PE46.9x
KAM K2 Asset Management HoldingsAU$0.0519.0%
+AU$1.9m
-2.0%PS3.3x
BPH BPH EnergyAU$0.0215.0%
+AU$1.1m
10.5%PE25.8x
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Latest News

BHD

AU$0.23

Benjamin Hornigold

7D

4.4%

1Y

6.8%

AVC

AU$0.62

Auctus Investment Group

7D

1.6%

1Y

-32.6%

NWL

AU$18.83

Netwealth Group

7D

-6.5%

1Y

44.0%

PTM

AU$1.07

Platinum Investment Management

7D

-8.6%

1Y

-40.3%

AFI

AU$7.14

Australian Foundation Investment

7D

-2.2%

1Y

-1.7%

FID

AU$7.89

Fiducian Group

7D

2.2%

1Y

32.6%

AMH

AU$1.12

AMCIL

7D

1.4%

1Y

10.9%

PNI

AU$10.39

Pinnacle Investment Management Group

7D

-7.2%

1Y

29.9%

NGI

AU$1.67

Navigator Global Investments

7D

0.9%

1Y

58.6%

BPH

AU$0.021

BPH Energy

7D

5.0%

1Y

10.5%

KAM

AU$0.05

K2 Asset Management Holdings

7D

19.0%

1Y

-2.0%

APL

AU$0.099

Associate Global Partners

7D

4.2%

1Y

-60.4%