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Australian (ASX) Asset Management Industry Analysis

UpdatedNov 19, 2025
DataAggregated Company Financials
Companies69
  • 7D-3.4%
  • 3M-10.1%
  • 1Y-12.4%
  • YTDn/a

Over the last 7 days, the Asset Management industry has dropped 3.9%, driven by a pullback from Netwealth Group of 11%. On the other hand GQG Partners is actually up 12%. Overall the industry is down 13% in 12 months. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 20 Nov 2025AU$59.7bAU$9.1bAU$3.2b22.1x18.6x6.6x
Sat, 18 Oct 2025AU$63.0bAU$8.9bAU$3.1b22x20.1x7.1x
Mon, 15 Sep 2025AU$60.9bAU$9.0bAU$3.1b23.1x19.5x6.8x
Wed, 13 Aug 2025AU$64.0bAU$9.6bAU$3.0b15.9x21.2x6.6x
Fri, 11 Jul 2025AU$62.6bAU$9.6bAU$3.0b14.8x20.6x6.5x
Sun, 08 Jun 2025AU$60.4bAU$9.6bAU$3.0b14.8x19.8x6.3x
Tue, 06 May 2025AU$58.0bAU$9.6bAU$3.1b14.2x19x6x
Thu, 03 Apr 2025AU$62.9bAU$13.2bAU$3.2b13.9x19.5x4.8x
Sat, 01 Mar 2025AU$64.3bAU$9.7bAU$3.1b17x20.9x6.6x
Mon, 27 Jan 2025AU$66.8bAU$9.8bAU$2.3b18.5x29.7x6.8x
Wed, 25 Dec 2024AU$64.0bAU$9.8bAU$2.3b19.1x28.4x6.5x
Fri, 22 Nov 2024AU$64.6bAU$9.7bAU$2.2b19.2x29.1x6.7x
Sun, 20 Oct 2024AU$63.7bAU$9.7bAU$2.2b18.7x28.7x6.6x
Tue, 17 Sep 2024AU$56.0bAU$9.6bAU$2.1b17.5x26.1x5.8x
Thu, 15 Aug 2024AU$56.2bAU$9.1bAU$2.4b21.3x23x6.2x
Sat, 13 Jul 2024AU$56.4bAU$9.0bAU$2.4b22.8x23.4x6.2x
Mon, 10 Jun 2024AU$54.5bAU$9.1bAU$2.4b23.1x22.5x6x
Wed, 08 May 2024AU$53.6bAU$9.1bAU$2.4b23x22.1x5.9x
Fri, 05 Apr 2024AU$53.4bAU$9.1bAU$2.4b22x22x5.9x
Sun, 03 Mar 2024AU$52.9bAU$9.2bAU$2.4b24.8x21.7x5.7x
Tue, 30 Jan 2024AU$53.2bAU$9.2bAU$2.4b21.8x21.8x5.8x
Thu, 28 Dec 2023AU$51.0bAU$8.9bAU$2.3b20.4x22.1x5.7x
Sat, 25 Nov 2023AU$46.8bAU$8.9bAU$2.3b19.4x20.1x5.2x
Mon, 23 Oct 2023AU$43.5bAU$8.5bAU$2.0b19.5x21.6x5.1x
Wed, 20 Sep 2023AU$46.8bAU$8.5bAU$2.0b20x23.3x5.5x
Fri, 18 Aug 2023AU$45.8bAU$8.0bAU$2.0b22.4x23.4x5.7x
Sun, 16 Jul 2023AU$46.2bAU$8.1bAU$2.1b22.9x22.5x5.7x
Tue, 13 Jun 2023AU$44.8bAU$8.2bAU$2.1b20.6x21.2x5.5x
Thu, 11 May 2023AU$45.6bAU$8.2bAU$2.1b21.1x21.6x5.6x
Sat, 08 Apr 2023AU$44.3bAU$8.2bAU$2.1b21.7x20.9x5.4x
Mon, 06 Mar 2023AU$46.4bAU$8.2bAU$2.2b21.6x20.8x5.7x
Wed, 01 Feb 2023AU$47.5bAU$8.4bAU$2.2b20.3x21.9x5.7x
Fri, 30 Dec 2022AU$43.3bAU$8.4bAU$2.2b17.7x19.9x5.2x
Sun, 27 Nov 2022AU$45.4bAU$8.4bAU$2.2b17.3x20.8x5.4x
Price to Earnings Ratio

20.8x


Total Market Cap: AU$45.4bTotal Earnings: AU$2.2bTotal Revenue: AU$8.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Asset Management Industry Price to Earnings3Y Average 22.4x202320242025
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 18.6x which is lower than its 3-year average PE of 22.4x.
  • The industry is trading close to its 3-year average PS ratio of 6.0x.
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 2.7% 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-4.06%
Financials-5.63%
Capital Markets-5.46%
Asset Management-3.40%
Financial Exchanges and Data-0.55%
Diversified Capital Markets-7.29%
Investment Banking and Brokerage-10.00%
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
GQG GQG PartnersAU$1.6312.1%
+AU$517.2m
-38.4%PE6.9x
PAC Pacific Current GroupAU$10.844.7%
+AU$14.8m
1.5%PE5.6x
SOR Strategic ElementsAU$0.06516.1%
+AU$4.3m
10.2%PB7.9x
EQS Equity Story GroupAU$0.0120%
AU$4.2m
-53.8%PS5.5x
WAR WAM Strategic ValueAU$1.101.9%
+AU$3.6m
-4.3%PE17.2x

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