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Australian (ASX) Asset Management Industry Analysis

UpdatedJun 08, 2023
DataAggregated Company Financials
Companies75
  • 7D1.3%
  • 3M-4.1%
  • 1Y-10.7%
  • YTD-2.2%

The Asset Management is pretty flat in the last 7 days, but GQG Partners has stood out, gaining 10%. Unfortunately though, the industry is down 11% over the past 12 months. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Jun 2023AU$44.8bAU$8.2bAU$2.1b20.8x21.2x5.5x
Sat, 06 May 2023AU$45.1bAU$8.2bAU$2.1b20.9x21.4x5.5x
Mon, 03 Apr 2023AU$44.3bAU$8.2bAU$2.1b20.9x20.9x5.4x
Wed, 01 Mar 2023AU$46.4bAU$8.3bAU$2.2b21.1x20.9x5.6x
Fri, 27 Jan 2023AU$47.6bAU$8.4bAU$2.2b20.3x21.9x5.7x
Sun, 25 Dec 2022AU$43.6bAU$8.4bAU$2.2b17.7x20x5.2x
Tue, 22 Nov 2022AU$45.3bAU$8.4bAU$2.2b17.7x20.8x5.4x
Thu, 20 Oct 2022AU$43.4bAU$8.5bAU$2.3b17.2x19.3x5.1x
Sat, 17 Sep 2022AU$45.7bAU$8.5bAU$2.2b18x21.1x5.4x
Mon, 15 Aug 2022AU$49.9bAU$8.1bAU$2.1b14.9x24.2x6.1x
Wed, 13 Jul 2022AU$45.0bAU$8.0bAU$2.0b14.9x22.2x5.6x
Fri, 10 Jun 2022AU$48.0bAU$8.1bAU$2.1b15.4x23.2x5.9x
Sun, 08 May 2022AU$49.2bAU$8.0bAU$2.1b15x24x6.1x
Tue, 05 Apr 2022AU$51.1bAU$8.0bAU$2.1b15.3x24.9x6.4x
Thu, 03 Mar 2022AU$54.5bAU$11.3bAU$2.7b15.4x20.1x4.8x
Sat, 29 Jan 2022AU$53.3bAU$6.9bAU$2.3b14x23.2x7.7x
Mon, 27 Dec 2021AU$58.8bAU$6.9bAU$2.2b15.2x26.9x8.5x
Wed, 24 Nov 2021AU$60.3bAU$6.8bAU$2.2b15.2x27.8x8.9x
Fri, 22 Oct 2021AU$60.7bAU$6.4bAU$1.9b18.7x32.4x9.5x
Sun, 19 Sep 2021AU$62.5bAU$6.8bAU$2.1b18.7x29.3x9.1x
Tue, 17 Aug 2021AU$62.9bAU$6.8bAU$2.1b16.4x29.4x9.2x
Tue, 01 Jun 2021AU$57.6bAU$6.2bAU$2.0b16.2x29.4x9.3x
Fri, 05 Mar 2021AU$53.1bAU$5.6bAU$1.8b23.7x29.3x9.4x
Mon, 07 Dec 2020AU$55.9bAU$5.4bAU$1.7b26x32.3x10.4x
Thu, 10 Sep 2020AU$48.4bAU$5.2bAU$1.7b21.4x28x9.4x
Price to Earnings Ratio

26.3x


Total Market Cap: AU$45.5bTotal Earnings: AU$1.7bTotal Revenue: AU$5.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Asset Management Industry Price to Earnings3Y Average 25.6x202120222023
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 21.1x which is lower than its 3-year average PE of 25.6x.
  • The 3-year average PS ratio of 7.6x is higher than the industry's current PS ratio of 5.5x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks industry have grown 6.9% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Market0.46%
Financials-1.17%
Capital Markets-0.05%
Asset Management1.29%
Diversified Capital Markets0.88%
Investment Banking and Brokerage-1.20%
Financial Exchanges and Data-8.97%
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$1.4410.4%
+AU$398.6m
-14.3%PE12.2x
NWL Netwealth GroupAU$12.981.8%
+AU$56.1m
0.5%PE53.6x
AEF Australian Ethical InvestmentAU$3.1316.4%
+AU$49.6m
-38.3%PE70.6x
PTM Platinum Investment ManagementAU$1.774.4%
+AU$43.1m
1.1%PE12.8x
PNI Pinnacle Investment Management GroupAU$9.162.5%
+AU$42.9m
21.8%PE26.8x
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AEF

AU$3.13

Australian Ethical Investment

7D

16.4%

1Y

-38.3%

TGP

AU$0.72

360 Capital Group

7D

-2.0%

1Y

-15.3%

MAF

AU$5.04

MA Financial Group

7D

3.7%

1Y

-10.3%

GQG

AU$1.44

GQG Partners

7D

10.4%

1Y

-14.3%

NGI

AU$1.13

Navigator Global Investments

7D

14.1%

1Y

-20.1%

PCG

AU$1.27

Pengana Capital Group

7D

-3.2%

1Y

-30.0%

IFL

AU$2.84

Insignia Financial

7D

-1.0%

1Y

-10.4%

FID

AU$5.63

Fiducian Group

7D

-4.6%

1Y

-23.9%

PTM

AU$1.77

Platinum Investment Management

7D

4.4%

1Y

1.1%

PNI

AU$9.16

Pinnacle Investment Management Group

7D

2.5%

1Y

21.8%

CIN

AU$28.14

Carlton Investments

7D

-0.5%

1Y

-12.1%

MIR

AU$2.75

Mirrabooka Investments

7D

-1.8%

1Y

-10.1%

TGF

AU$1.78

Tribeca Global Natural Resources

7D

-1.7%

1Y

-32.1%