MFF Capital Investments' (ASX:MFF) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 19
Australian (ASX) Capital Markets Industry Analysis
UpdatedAug 19, 2024
DataAggregated Company Financials
Companies83
- 7D2.8%
- 3M7.3%
- 1Y20.6%
- YTD12.9%
In the last week, the Capital Markets industry is up 2.8%, with Macquarie Group up 2.6%. This takes the industry's 12 month performance to a gain of 21%. 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, 20 Aug 2024 | AU$151.0b | AU$29.1b | AU$6.4b | 21.3x | 23.4x | 5.2x |
| Thu, 18 Jul 2024 | AU$151.6b | AU$28.9b | AU$6.3b | 22.5x | 24.1x | 5.3x |
| Sat, 15 Jun 2024 | AU$139.7b | AU$28.9b | AU$6.3b | 20.5x | 22.2x | 4.8x |
| Mon, 13 May 2024 | AU$140.5b | AU$28.9b | AU$6.3b | 21.2x | 22.3x | 4.9x |
| Wed, 10 Apr 2024 | AU$140.6b | AU$30.4b | AU$7.1b | 21.2x | 19.9x | 4.6x |
| Fri, 08 Mar 2024 | AU$141.4b | AU$30.4b | AU$7.1b | 21x | 20x | 4.6x |
| Sun, 04 Feb 2024 | AU$140.4b | AU$30.3b | AU$7.0b | 22.3x | 20.2x | 4.6x |
| Tue, 02 Jan 2024 | AU$134.7b | AU$30.1b | AU$6.8b | 20.5x | 19.7x | 4.5x |
| Thu, 30 Nov 2023 | AU$123.2b | AU$30.1b | AU$6.8b | 19.5x | 18x | 4.1x |
| Sat, 28 Oct 2023 | AU$116.1b | AU$30.3b | AU$7.4b | 19.4x | 15.7x | 3.8x |
| Mon, 25 Sep 2023 | AU$124.0b | AU$30.3b | AU$7.4b | 20.2x | 16.8x | 4.1x |
| Wed, 23 Aug 2023 | AU$123.3b | AU$30.0b | AU$7.3b | 20.5x | 16.8x | 4.1x |
| Fri, 21 Jul 2023 | AU$130.8b | AU$29.7b | AU$7.5b | 20.8x | 17.5x | 4.4x |
| Sun, 18 Jun 2023 | AU$128.8b | AU$29.8b | AU$7.5b | 20.1x | 17.1x | 4.3x |
| Tue, 16 May 2023 | AU$126.8b | AU$29.8b | AU$7.5b | 20.5x | 16.8x | 4.3x |
| Thu, 13 Apr 2023 | AU$128.2b | AU$28.9b | AU$7.3b | 20.6x | 17.5x | 4.4x |
| Sat, 11 Mar 2023 | AU$131.2b | AU$28.9b | AU$7.3b | 20.7x | 17.9x | 4.5x |
| Mon, 06 Feb 2023 | AU$135.7b | AU$29.0b | AU$7.6b | 17.9x | 17.9x | 4.7x |
| Wed, 04 Jan 2023 | AU$122.1b | AU$28.9b | AU$7.6b | 16.5x | 16.1x | 4.2x |
| Fri, 02 Dec 2022 | AU$130.2b | AU$28.9b | AU$7.6b | 16.8x | 17.1x | 4.5x |
| Sun, 30 Oct 2022 | AU$120.0b | AU$29.1b | AU$7.7b | 17x | 15.6x | 4.1x |
| Tue, 27 Sep 2022 | AU$120.9b | AU$28.3b | AU$7.3b | 17.1x | 16.5x | 4.3x |
| Thu, 25 Aug 2022 | AU$131.6b | AU$27.7b | AU$7.3b | 16.4x | 18.1x | 4.8x |
| Sat, 23 Jul 2022 | AU$133.3b | AU$27.7b | AU$7.2b | 14.5x | 18.5x | 4.8x |
| Mon, 20 Jun 2022 | AU$121.2b | AU$27.7b | AU$7.2b | 14.9x | 16.9x | 4.4x |
| Wed, 18 May 2022 | AU$133.8b | AU$27.8b | AU$7.2b | 15.8x | 18.6x | 4.8x |
| Fri, 15 Apr 2022 | AU$145.2b | AU$25.5b | AU$6.6b | 16.2x | 22.1x | 5.7x |
| Sun, 13 Mar 2022 | AU$138.4b | AU$29.1b | AU$7.2b | 15.4x | 19.1x | 4.8x |
| Tue, 08 Feb 2022 | AU$145.1b | AU$24.4b | AU$6.8b | 15.2x | 21.4x | 6x |
| Thu, 06 Jan 2022 | AU$160.4b | AU$24.3b | AU$6.7b | 15.1x | 24x | 6.6x |
| Sat, 04 Dec 2021 | AU$153.1b | AU$24.2b | AU$6.7b | 16x | 23x | 6.3x |
| Mon, 01 Nov 2021 | AU$155.9b | AU$23.8b | AU$6.4b | 17.6x | 24.4x | 6.5x |
| Wed, 29 Sep 2021 | AU$143.5b | AU$21.5b | AU$5.3b | 18.9x | 26.9x | 6.7x |
| Fri, 27 Aug 2021 | AU$142.7b | AU$21.9b | AU$5.6b | 16.8x | 25.5x | 6.5x |
Price to Earnings Ratio
25.5x
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 23.4x which is higher than its 3-year average PE of 19.6x.
- The industry is trading close to its 3-year average PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 4.8% per year over the last three years.
- Revenues for these companies have grown 9.9% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Australian Financials industry?
| AU Market | 2.52% | |
| Financials | 4.51% | |
| Capital Markets | 2.84% | |
| Investment Banking and Brokerage | 4.33% | |
| Diversified Capital Markets | 3.99% | |
| Asset Management | 2.05% | |
| Financial Exchanges and Data | -0.90% | |
Industry PE
- Investors are most optimistic about the Investment Banking and Brokerage industry which is trading above its 3-year average PE ratio of 63.1x.
- Analysts are expecting annual earnings growth of 22.4%, which is higher than its past year's earnings decline of 39.1% per year.
- Investors are most pessimistic about the Asset Management industry, which is trading close to its 3-year average of 23.0x.
Forecasted Growth
- Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings decline of 39% per year.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 4.1% 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$209.70 | 2.6% +AU$1.9b | 23.3% | PE22.5x | |
| MFG Magellan Financial Group | AU$10.79 | 15.0% +AU$254.9m | 4.6% | PE8.2x | |
| NWL Netwealth Group | AU$22.82 | 4.1% +AU$220.7m | 44.8% | PE66.8x | |
| GQG GQG Partners | AU$2.69 | 2.7% +AU$206.7m | 80.5% | PE15.2x | |
| HUB HUB24 | AU$50.88 | 4.5% +AU$177.4m | 81.5% | PE93.3x |
