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Australian (ASX) Asset Management Industry Analysis

UpdatedAug 24, 2025
DataAggregated Company Financials
Companies66
  • 7D-0.6%
  • 3M7.2%
  • 1Y6.6%
  • YTDn/a

The Asset Management is pretty flat in the last 7 days, but MA Financial Group has stood out, gaining 8.6%. The past year has been better, since the industry has gained 6.6% in that time. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 25 Aug 2025AU$63.9bAU$9.2bAU$2.9b17.9x21.9x6.9x
Wed, 23 Jul 2025AU$64.3bAU$9.6bAU$3.0b14.5x21.1x6.7x
Fri, 20 Jun 2025AU$59.3bAU$9.6bAU$3.1b14.4x19.4x6.2x
Sun, 18 May 2025AU$60.5bAU$9.7bAU$3.1b14.5x19.8x6.3x
Tue, 15 Apr 2025AU$56.0bAU$9.7bAU$3.1b13.9x18.2x5.8x
Thu, 13 Mar 2025AU$59.6bAU$9.7bAU$3.1b14.2x19.3x6.2x
Sat, 08 Feb 2025AU$67.2bAU$10.1bAU$2.5b18.6x26.5x6.6x
Mon, 06 Jan 2025AU$64.5bAU$9.8bAU$2.3b18.6x28.6x6.6x
Wed, 04 Dec 2024AU$66.0bAU$9.7bAU$2.2b19.6x29.6x6.8x
Fri, 01 Nov 2024AU$64.7bAU$9.7bAU$2.2b19.2x29x6.6x
Sun, 29 Sep 2024AU$58.3bAU$9.6bAU$2.1b17.6x27.3x6.1x
Tue, 27 Aug 2024AU$56.8bAU$9.4bAU$2.5b20.7x22.5x6x
Thu, 25 Jul 2024AU$58.1bAU$9.1bAU$2.4b22.7x24x6.4x
Sat, 22 Jun 2024AU$54.7bAU$9.0bAU$2.4b20.6x22.6x6x
Mon, 20 May 2024AU$53.2bAU$9.1bAU$2.4b22.2x22x5.9x
Wed, 17 Apr 2024AU$53.2bAU$9.1bAU$2.4b23x21.8x5.8x
Fri, 15 Mar 2024AU$52.4bAU$9.1bAU$2.4b22.8x21.6x5.8x
Sun, 11 Feb 2024AU$52.4bAU$8.6bAU$2.4b21.8x21.9x6.1x
Tue, 09 Jan 2024AU$51.8bAU$9.0bAU$2.3b20.6x22.1x5.7x
Thu, 07 Dec 2023AU$48.0bAU$8.9bAU$2.3b19.6x20.6x5.4x
Sat, 04 Nov 2023AU$44.1bAU$8.5bAU$2.0b19.3x21.9x5.2x
Mon, 02 Oct 2023AU$45.7bAU$8.5bAU$2.0b19.3x22.7x5.4x
Wed, 30 Aug 2023AU$45.6bAU$8.5bAU$1.9b19.3x23.8x5.3x
Fri, 28 Jul 2023AU$47.3bAU$8.0bAU$2.0b22.2x24x5.9x
Sun, 25 Jun 2023AU$44.8bAU$8.2bAU$2.1b20.8x21.2x5.5x
Tue, 23 May 2023AU$45.1bAU$8.2bAU$2.1b20.8x21.3x5.5x
Thu, 20 Apr 2023AU$45.0bAU$8.2bAU$2.1b21x21.3x5.5x
Sat, 18 Mar 2023AU$44.4bAU$8.2bAU$2.1b21x21x5.4x
Mon, 13 Feb 2023AU$47.0bAU$8.4bAU$2.2b21.4x21.7x5.6x
Wed, 11 Jan 2023AU$44.6bAU$8.4bAU$2.2b17.6x20.5x5.3x
Fri, 09 Dec 2022AU$44.6bAU$8.4bAU$2.2b17.3x20.4x5.3x
Sun, 06 Nov 2022AU$43.2bAU$8.5bAU$2.3b17.9x19.2x5.1x
Tue, 04 Oct 2022AU$42.5bAU$8.5bAU$2.2b16.4x19.6x5x
Thu, 01 Sep 2022AU$46.7bAU$8.3bAU$2.2b18.3x21.1x5.6x
Price to Earnings Ratio

21.1x


Total Market Cap: AU$46.7bTotal Earnings: AU$2.2bTotal Revenue: AU$8.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Asset Management Industry Price to Earnings3Y Average 22.4x202320242025
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 22.4x.
  • 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 grown 9.7% per year over the last three years.
  • Revenues for these companies have grown 3.4% 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 Market0.22%
Financials3.24%
Capital Markets1.30%
Asset Management-0.63%
Diversified Capital Markets2.93%
Financial Exchanges and Data1.47%
Investment Banking and Brokerage0.62%
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
MAF MA Financial GroupAU$9.228.6%
+AU$118.9m		79.0%PE41.8x
HMC HMC CapitalAU$3.784.1%
+AU$62.3m		-52.8%PE10.6x
NGI Navigator Global InvestmentsAU$2.175.9%
+AU$58.8m		26.2%PE5.5x
EQT EQT HoldingsAU$31.997.0%
+AU$55.8m		4.5%PE25x
PTM Platinum Investment ManagementAU$0.8113.3%
+AU$52.9m		-21.0%PE17.8x

Latest News

HMC
AU$3.78
HMC Capital
7D
4.1%
1Y
-52.8%
NWL
AU$36.22
Netwealth Group
7D
-2.5%
1Y
57.5%
GQG
AU$1.78
GQG Partners
7D
-0.6%
1Y
-35.0%
EQT
AU$31.99
EQT Holdings
7D
7.0%
1Y
4.5%
MAF
AU$9.22
MA Financial Group
7D
8.6%
1Y
79.0%
ARG
AU$9.36
Argo Investments
7D
-0.8%
1Y
6.1%
FID
AU$12.85
Fiducian Group
7D
13.9%
1Y
48.9%
PTM
AU$0.81
Platinum Investment Management
7D
13.3%
1Y
-21.0%

Leadership Changes And New Fund Launches Will Attract Future Inflows

Despite a sharp downgrade in revenue growth forecasts and a substantial increase in the future P/E multiple, the consensus analyst price target for Platinum Investment Management has nevertheless risen from A$0.543 to A$0.582. Valuation Changes Summary of Valuation Changes for Platinum Investment Management The Consensus Analyst Price Target has risen from A$0.543 to A$0.582.
MFF
AU$4.64
MFF Capital Investments
7D
1.3%
1Y
21.5%

MFF Capital Investments' (ASX:MFF) Dividend Will Be Increased To A$0.09

Aug 18
MFF Capital Investments' (ASX:MFF) Dividend Will Be Increased To A$0.09
AEF
AU$8.15
Australian Ethical Investment
7D
4.2%
1Y
104.8%
PNI
AU$21.10
Pinnacle Investment Management Group
7D
-5.5%
1Y
22.7%
AMH
AU$1.05
AMCIL
7D
-6.3%
1Y
-8.3%
NGI
AU$2.17
Navigator Global Investments
7D
5.9%
1Y
26.2%
RPL
AU$3.02
Regal Partners
7D
-3.2%
1Y
-11.4%
AFI
AU$7.35
Australian Foundation Investment
7D
-1.2%
1Y
-1.1%

Unpleasant Surprises Could Be In Store For Australian Foundation Investment Company Limited's (ASX:AFI) Shares

Jul 28
Unpleasant Surprises Could Be In Store For Australian Foundation Investment Company Limited's (ASX:AFI) Shares
DUI
AU$5.43
Diversified United Investment
7D
-1.5%
1Y
1.7%