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Australian (ASX) Asset Management Industry Analysis
UpdatedJan 20, 2025
DataAggregated Company Financials
Companies70
- 7D-0.8%
- 3M-1.0%
- 1Y20.9%
- YTDn/a
Over the last 7 days, the Asset Management industry has remained flat, although notably GQG Partners gained 4.9%. The past year has been better, since the industry has gained 21% in that time. Earnings are forecast to grow by 20% 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 |
|---|---|---|---|---|---|---|
| Mon, 20 Jan 2025 | AU$64.5b | AU$9.8b | AU$2.3b | 18.8x | 28.6x | 6.6x |
| Wed, 18 Dec 2024 | AU$67.5b | AU$9.7b | AU$2.2b | 19.4x | 30.1x | 6.9x |
| Fri, 15 Nov 2024 | AU$65.4b | AU$9.7b | AU$2.2b | 19x | 29.2x | 6.7x |
| Sun, 13 Oct 2024 | AU$62.8b | AU$9.7b | AU$2.2b | 18.3x | 28.4x | 6.5x |
| Tue, 10 Sep 2024 | AU$55.1b | AU$9.6b | AU$2.2b | 16.6x | 25.6x | 5.7x |
| Thu, 08 Aug 2024 | AU$55.8b | AU$9.1b | AU$2.4b | 21.3x | 22.9x | 6.2x |
| Sat, 06 Jul 2024 | AU$55.6b | AU$9.0b | AU$2.4b | 22.7x | 23x | 6.2x |
| Mon, 03 Jun 2024 | AU$53.8b | AU$9.0b | AU$2.4b | 23x | 22.2x | 6x |
| Wed, 01 May 2024 | AU$52.7b | AU$9.1b | AU$2.4b | 22.7x | 21.7x | 5.8x |
| Fri, 29 Mar 2024 | AU$53.8b | AU$9.1b | AU$2.4b | 23.2x | 22x | 5.9x |
| Sun, 25 Feb 2024 | AU$52.4b | AU$9.0b | AU$2.4b | 24.8x | 21.7x | 5.8x |
| Tue, 23 Jan 2024 | AU$52.6b | AU$9.0b | AU$2.3b | 20.9x | 22.4x | 5.8x |
| Thu, 21 Dec 2023 | AU$50.7b | AU$8.9b | AU$2.3b | 20.6x | 21.9x | 5.7x |
| Sat, 18 Nov 2023 | AU$46.9b | AU$9.0b | AU$2.3b | 19.3x | 20.1x | 5.2x |
| Mon, 16 Oct 2023 | AU$44.9b | AU$8.5b | AU$2.0b | 19.3x | 22.2x | 5.3x |
| Wed, 13 Sep 2023 | AU$46.5b | AU$8.5b | AU$2.0b | 19.8x | 23.1x | 5.5x |
| Fri, 11 Aug 2023 | AU$46.8b | AU$8.0b | AU$2.0b | 21.8x | 23.4x | 5.8x |
| Sun, 09 Jul 2023 | AU$45.1b | AU$8.1b | AU$2.1b | 22.8x | 21.8x | 5.6x |
| Tue, 06 Jun 2023 | AU$44.6b | AU$8.2b | AU$2.1b | 20.6x | 21x | 5.4x |
| Thu, 04 May 2023 | AU$45.2b | AU$8.2b | AU$2.1b | 20.8x | 21.4x | 5.5x |
| Sat, 01 Apr 2023 | AU$44.3b | AU$8.2b | AU$2.1b | 20.9x | 20.9x | 5.4x |
| Mon, 27 Feb 2023 | AU$46.7b | AU$8.3b | AU$2.2b | 21.8x | 21.1x | 5.6x |
| Wed, 25 Jan 2023 | AU$47.3b | AU$8.4b | AU$2.2b | 20.3x | 21.8x | 5.6x |
| Fri, 23 Dec 2022 | AU$43.9b | AU$8.4b | AU$2.2b | 17.7x | 20.1x | 5.2x |
| Sun, 20 Nov 2022 | AU$45.6b | AU$8.4b | AU$2.2b | 17.7x | 20.9x | 5.4x |
| Tue, 18 Oct 2022 | AU$43.1b | AU$8.5b | AU$2.3b | 17.3x | 19.1x | 5.1x |
| Thu, 15 Sep 2022 | AU$45.5b | AU$8.5b | AU$2.2b | 18x | 21x | 5.4x |
| Sat, 13 Aug 2022 | AU$50.0b | AU$8.1b | AU$2.1b | 14.6x | 24x | 6.1x |
| Mon, 11 Jul 2022 | AU$45.5b | AU$8.0b | AU$2.0b | 14.9x | 22.4x | 5.7x |
| Wed, 08 Jun 2022 | AU$48.3b | AU$8.1b | AU$2.1b | 15.5x | 23.4x | 6x |
| Fri, 06 May 2022 | AU$49.9b | AU$8.0b | AU$2.1b | 15.1x | 24.3x | 6.2x |
| Sun, 03 Apr 2022 | AU$50.5b | AU$8.0b | AU$2.1b | 16.3x | 24.6x | 6.3x |
| Tue, 01 Mar 2022 | AU$55.3b | AU$11.3b | AU$2.7b | 16.5x | 20.3x | 4.9x |
| Thu, 27 Jan 2022 | AU$53.1b | AU$6.9b | AU$2.3b | 14.4x | 23.1x | 7.7x |
Price to Earnings Ratio
23.1x
Current Industry PE
- Investors are optimistic on the Australian Asset Management and Custody Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 28.6x which is higher than its 3-year average PE of 22.7x.
- The 3-year average PS ratio of 5.8x is lower than the industry's current PS ratio of 6.6x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 12% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Australian Asset Management compare with similar industries?
| AU Market | 0.10% | |
| Financials | -0.58% | |
| Capital Markets | -0.67% | |
| Asset Management | -0.77% | |
| Diversified Capital Markets | -0.048% | |
| Financial Exchanges and Data | -0.35% | |
| Investment Banking and Brokerage | -8.04% | |
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 | |
|---|---|---|---|---|---|
| GQG GQG Partners | AU$1.97 | 11.3% +AU$590.7m | 14.6% | PE10.3x | |
| PNI Pinnacle Investment Management Group | AU$24.21 | 4.5% +AU$232.8m | 139.9% | PE59.4x | |
| MFG Magellan Financial Group | AU$11.51 | 8.2% +AU$155.8m | 28.0% | PE8.6x | |
| IFL Insignia Financial | AU$4.43 | 5.0% +AU$140.3m | 104.1% | PS1.5x | |
| AFI Australian Foundation Investment | AU$7.51 | 1.1% +AU$100.2m | 0.3% | PE31.8x |