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Jun 30
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Australian (ASX) Capital Markets Industry Analysis
UpdatedJul 01, 2025
DataAggregated Company Financials
Companies79
- 7D7.1%
- 3M12.3%
- 1Y13.0%
- YTD2.5%
In the last week, the Capital Markets industry is up 4.4%, with Macquarie Group up 9.2%. This takes the industry's 12 month performance to a gain of 9.5%. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Australian Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 01 Jul 2025 | AU$167.1b | AU$30.0b | AU$7.2b | 15.3x | 23.2x | 5.6x |
| Thu, 29 May 2025 | AU$157.2b | AU$30.0b | AU$7.2b | 15.1x | 21.8x | 5.2x |
| Sat, 26 Apr 2025 | AU$147.1b | AU$30.0b | AU$7.2b | 14.2x | 20.4x | 4.9x |
| Mon, 24 Mar 2025 | AU$152.7b | AU$30.0b | AU$7.2b | 14.4x | 21.1x | 5.1x |
| Wed, 19 Feb 2025 | AU$175.9b | AU$30.7b | AU$7.0b | 21.7x | 25.3x | 5.7x |
| Fri, 17 Jan 2025 | AU$163.6b | AU$30.0b | AU$6.4b | 20.3x | 25.6x | 5.5x |
| Sun, 15 Dec 2024 | AU$170.5b | AU$30.1b | AU$6.3b | 20.4x | 26.9x | 5.7x |
| Tue, 12 Nov 2024 | AU$168.9b | AU$30.0b | AU$6.3b | 19.8x | 26.7x | 5.6x |
| Thu, 10 Oct 2024 | AU$164.6b | AU$29.7b | AU$6.1b | 18.9x | 26.9x | 5.5x |
| Sat, 07 Sep 2024 | AU$154.5b | AU$29.6b | AU$6.1b | 17.7x | 25.5x | 5.2x |
| Mon, 05 Aug 2024 | AU$150.3b | AU$28.9b | AU$6.3b | 22.1x | 23.8x | 5.2x |
| Wed, 03 Jul 2024 | AU$145.2b | AU$28.9b | AU$6.3b | 21.9x | 23.1x | 5x |
| Fri, 31 May 2024 | AU$138.5b | AU$28.9b | AU$6.3b | 20.9x | 22x | 4.8x |
| Sun, 28 Apr 2024 | AU$137.0b | AU$30.4b | AU$7.1b | 20.4x | 19.4x | 4.5x |
| Tue, 26 Mar 2024 | AU$143.8b | AU$30.4b | AU$7.1b | 20.9x | 20.3x | 4.7x |
| Thu, 22 Feb 2024 | AU$138.4b | AU$30.0b | AU$7.2b | 21.6x | 19.3x | 4.6x |
| Sat, 20 Jan 2024 | AU$136.3b | AU$30.2b | AU$6.9b | 21x | 19.9x | 4.5x |
| Mon, 18 Dec 2023 | AU$131.6b | AU$30.1b | AU$6.8b | 20.3x | 19.3x | 4.4x |
| Wed, 15 Nov 2023 | AU$119.7b | AU$30.1b | AU$6.9b | 19.3x | 17.5x | 4x |
| Fri, 13 Oct 2023 | AU$123.4b | AU$30.3b | AU$7.4b | 19.4x | 16.7x | 4.1x |
| Sun, 10 Sep 2023 | AU$124.0b | AU$30.3b | AU$7.4b | 19.9x | 16.8x | 4.1x |
| Tue, 08 Aug 2023 | AU$127.4b | AU$29.7b | AU$7.4b | 20.9x | 17.2x | 4.3x |
| Thu, 06 Jul 2023 | AU$127.0b | AU$29.8b | AU$7.5b | 20.3x | 17x | 4.3x |
| Sat, 03 Jun 2023 | AU$123.5b | AU$29.8b | AU$7.5b | 19.8x | 16.4x | 4.1x |
| Mon, 01 May 2023 | AU$129.4b | AU$28.9b | AU$7.3b | 20.6x | 17.6x | 4.5x |
| Wed, 29 Mar 2023 | AU$122.9b | AU$28.9b | AU$7.3b | 19.3x | 16.7x | 4.3x |
| Fri, 24 Feb 2023 | AU$133.6b | AU$28.9b | AU$7.6b | 17.6x | 17.7x | 4.6x |
| Sun, 22 Jan 2023 | AU$129.1b | AU$28.9b | AU$7.6b | 17.1x | 17x | 4.5x |
| Tue, 20 Dec 2022 | AU$122.6b | AU$28.9b | AU$7.6b | 16.7x | 16.1x | 4.2x |
| Thu, 17 Nov 2022 | AU$128.6b | AU$28.9b | AU$7.6b | 17x | 16.9x | 4.4x |
| Sat, 15 Oct 2022 | AU$119.1b | AU$28.3b | AU$7.4b | 16.5x | 16x | 4.2x |
| Mon, 12 Sep 2022 | AU$129.6b | AU$28.2b | AU$7.3b | 17.9x | 17.7x | 4.6x |
| Wed, 10 Aug 2022 | AU$136.0b | AU$27.8b | AU$7.3b | 14.7x | 18.7x | 4.9x |
| Fri, 08 Jul 2022 | AU$128.5b | AU$27.7b | AU$7.2b | 14.9x | 17.9x | 4.6x |
Price to Earnings Ratio
17.9x
Current Industry PE
- Investors are optimistic on the Australian Capital Markets industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 22.7x which is higher than its 3-year average PE of 20.1x.
- The 3-year average PS ratio of 4.7x is lower than the industry's current PS ratio of 5.4x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 2.6% 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 Trends
Which industries have driven the changes within the Australian Financials industry?
| AU Market | 0.93% | |
| Financials | 2.12% | |
| Capital Markets | 7.07% | |
| Diversified Capital Markets | 9.21% | |
| Investment Banking and Brokerage | 8.15% | |
| Asset Management | 5.36% | |
| Financial Exchanges and Data | 1.76% | |
Industry PE
- Investors are most optimistic about the Investment Banking and Brokerage industry, which is trading close to its 3-year average PE ratio of 76.8x.
- Analysts are expecting annual earnings growth of 22.1%, which is lower than the prior year's growth of 35.3% per year.
- Investors are most pessimistic about the Asset Management industry, which is trading below its 3-year average of 22.5x.
Forecasted Growth
- Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 22% over the next 5 years.
- However this is lower than its past earnings growth rate of 35% per year.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 3.8% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MQG Macquarie Group | AU$228.73 | 9.2% +AU$7.2b | 12.6% | PE23.3x | |
| GQG GQG Partners | AU$2.26 | 16.2% +AU$930.9m | -19.3% | PE10.3x | |
| NWL Netwealth Group | AU$33.59 | 9.0% +AU$678.7m | 55.4% | PE81x | |
| HUB HUB24 | AU$89.17 | 8.9% +AU$590.6m | 93.6% | PE122.9x | |
| PNI Pinnacle Investment Management Group | AU$20.54 | 6.8% +AU$289.0m | 46.4% | PE33.4x |
