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Australian (ASX) Diversified Financial Industry Analysis

UpdatedAug 25, 2026
DataAggregated Company Financials
Companies20
  • 7D-1.4%
  • 3M11.3%
  • 1Y6.7%
  • YTD12.5%

Over the last 7 days, the Diversified Financial industry has dropped 2.5%, driven by a pullback from WHSP Holdings of 2.8%. In the past year, the industry has gained 8.1%. In the next few years, earnings are forecast to decline by 22% annually.

Industry Valuation and Performance

Has the Australian Diversified Financial Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 25 Aug 2026AU$33.3bAU$11.0bAU$3.7b13.9x8.9x3x
Thu, 23 Jul 2026AU$33.6bAU$10.9bAU$3.6b15.8x9.3x3.1x
Sat, 20 Jun 2026AU$31.5bAU$10.9bAU$3.6b14.6x8.7x2.9x
Mon, 18 May 2026AU$30.4bAU$10.9bAU$3.7b9.1x8.3x2.8x
Wed, 15 Apr 2026AU$29.5bAU$10.9bAU$3.7b9.8x8x2.7x
Fri, 13 Mar 2026AU$26.2bAU$9.5bAU$1.7b11.1x15.5x2.8x
Sun, 08 Feb 2026AU$28.5bAU$9.5bAU$1.4b16x21.1x3x
Tue, 06 Jan 2026AU$29.7bAU$9.5bAU$1.4b16.5x21.9x3.1x
Thu, 04 Dec 2025AU$28.8bAU$9.5bAU$1.4b17.9x21.2x3x
Sat, 01 Nov 2025AU$29.9bAU$9.5bAU$1.4b19.8x21.7x3.1x
Mon, 29 Sep 2025AU$29.4bAU$9.5bAU$1.5b20x19.1x3.1x
Wed, 27 Aug 2025AU$30.2bAU$9.7bAU$1.1b25.2x26.9x3.1x
Fri, 25 Jul 2025AU$28.8bAU$10.3bAU$1.1b23.5x27.4x2.8x
Sun, 22 Jun 2025AU$27.6bAU$10.3bAU$1.1b18.3x26.2x2.7x
Tue, 20 May 2025AU$26.3bAU$10.3bAU$1.1b18.1x24.6x2.5x
Thu, 17 Apr 2025AU$24.0bAU$10.3bAU$1.1b15.8x22.5x2.3x
Sat, 15 Mar 2025AU$22.8bAU$10.1bAU$1.0b16.9x21.7x2.2x
Mon, 10 Feb 2025AU$24.9bAU$9.9bAU$894.9m16.4x27.8x2.5x
Wed, 08 Jan 2025AU$24.5bAU$9.9bAU$894.9m15.9x27.4x2.5x
Fri, 06 Dec 2024AU$25.2bAU$9.9bAU$894.9m17x28.2x2.5x
Sun, 03 Nov 2024AU$23.0bAU$9.5bAU$872.8m17.7x26.3x2.4x
Tue, 01 Oct 2024AU$23.9bAU$9.5bAU$869.1m19.9x27.5x2.5x
Thu, 29 Aug 2024AU$23.6bAU$9.4bAU$969.3m21.2x24.4x2.5x
Sat, 27 Jul 2024AU$23.5bAU$9.1bAU$976.6m23.2x24.1x2.6x
Mon, 24 Jun 2024AU$23.0bAU$9.1bAU$976.6m22.4x23.6x2.5x
Wed, 22 May 2024AU$21.9bAU$9.1bAU$961.5m31.6x22.8x2.4x
Fri, 19 Apr 2024AU$22.9bAU$9.1bAU$961.9m30.3x23.8x2.5x
Sun, 17 Mar 2024AU$23.6bAU$9.1bAU$1.1b24.3x21x2.6x
Tue, 13 Feb 2024AU$23.0bAU$8.3bAU$911.6m17.5x25.2x2.8x
Thu, 11 Jan 2024AU$22.4bAU$8.7bAU$880.8m15.9x25.4x2.6x
Sat, 09 Dec 2023AU$22.1bAU$8.7bAU$880.9m13.6x25x2.5x
Mon, 06 Nov 2023AU$22.8bAU$8.6bAU$880.3m14x25.9x2.6x
Wed, 04 Oct 2023AU$23.3bAU$8.6bAU$879.6m14.7x26.4x2.7x
Fri, 01 Sep 2023AU$24.0bAU$9.4bAU$1.3b14.5x19x2.6x
Price to Earnings Ratio

19x


Total Market Cap: AU$24.0bTotal Earnings: AU$1.3bTotal Revenue: AU$9.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Diversified Financial Industry Price to Earnings3Y Average 21.8x202420252026
Current Industry PE
  • Investors are pessimistic on the Australian Diversified Financial 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 9.0x which is lower than its 3-year average PE of 21.8x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Diversified Financial industry have grown 43% per year over the last three years.
  • Revenues for these companies have grown 5.6% 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 Market0.24%
Financials-3.84%
Diversified Financial-1.40%
Transaction and Payment Processing Services2.97%
Other Diversified Financial Services0.69%
Specialized Finance-1.73%
Multi-Sector Holdings-2.77%
Industry PE
  • Investors are most optimistic about the Other Diversified Financial Services industry even though it's trading below its 3-year average PE ratio of 27.3x.
    • Analysts are expecting annual earnings growth of 8.7%, which is lower than the prior year's growth of 29.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Transaction and Payment Processing Services industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Specialized Finance industry is expected to see its earnings decline by 118% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
AMP AMPAU$2.402.1%
+AU$121.5m		39.5%PE30.9x
LFG Liberty Financial GroupAU$3.499.4%
+AU$91.1m		-21.6%PE7.4x
CCL CuscalAU$5.707.5%
+AU$79.9m		61.9%PE26.7x
PPM Pepper MoneyAU$1.918.2%
+AU$65.1m		-11.4%PE7.9x
AFG Australian Finance GroupAU$1.603.9%
+AU$16.2m		-37.2%PE8.9x

Latest News

PNC
AU$0.70
Pioneer Credit
7D
4.5%
1Y
22.8%
WTL
AU$0.17
WT Financial Group
7D
-5.6%
1Y
17.2%
LFG
AU$3.49
Liberty Financial Group
7D
9.4%
1Y
-21.6%
PPM
AU$1.91
Pepper Money
7D
8.2%
1Y
-11.4%
AFG
AU$1.60
Australian Finance Group
7D
3.9%
1Y
-37.2%
CCL
AU$5.70
Cuscal
7D
7.5%
1Y
61.9%
HLI
AU$5.18
Helia Group
7D
-7.7%
1Y
-10.7%
CGF
AU$9.66
Challenger
7D
-6.4%
1Y
16.2%
Narrative Update • Aug 19

CGF: Higher Multiple And Dividend Payout Will Face Execution Test

Analysts have lifted their Challenger price targets by A$0.40 to A$0.43, citing updated assumptions that include a higher fair value estimate, a revised discount rate, steeper revenue declines, stronger profit margins and a higher future P/E multiple. Analyst Commentary Recent commentary on asset managers offers some useful context for Challenger investors who are weighing the updated price targets.
EML
AU$0.24
EML Payments
7D
-15.5%
1Y
-78.0%
Narrative Update • Aug 18

EML: Higher Future P/E Will Support Turnaround In Profitability

Analysts have revised their fair value estimate for EML Payments from A$0.66 to A$0.55, reflecting higher discount rates, a shift to expecting positive revenue growth, significantly lower forecast profit margins, and a substantially higher future P/E multiple. What’s in the News for EML Payments No recent company specific news for EML Payments has been provided in the available sources as at 17 Aug 2026.
AMP
AU$2.40
AMP
7D
2.1%
1Y
39.5%
Narrative Update • Aug 14

AMP: Future Returns Will Rely On Capital Management And Earnings Resilience

Analysts have raised their AMP price targets by A$11 to A$111 overall, citing steady revenue trends, slightly firmer profit margins, and an updated fair value estimate of A$2.35 supported by expectations for solid fundamentals across wealth and asset managers despite recent sector pressures. Analyst Commentary Recent Street research on Ameriprise gives useful context for how analysts are thinking about a stock like AMP, especially for wealth and asset managers dealing with sector specific pressures and new technology tools.
RMC
AU$0.84
Resimac Group
7D
3.7%
1Y
-12.9%
TYR
AU$0.83
Tyro Payments
7D
-5.7%
1Y
-29.1%
CCA
AU$0.048
Change Financial
7D
-4.0%
1Y
-45.5%
Narrative Update • Jul 27

CCA: Higher Margin Outlook Will Support Improved Long Term Earnings Quality

Analysts have trimmed their fair value estimate for Change Financial from A$0.14 to A$0.12 as updated assumptions around discount rates, revenue growth, profit margins and future P/E feed into a more conservative price target framework. What's in the News for Change Financial No recent Change Financial news items were identified in the provided sources.
SOL
AU$44.90
WHSP Holdings
7D
-0.9%
1Y
6.5%
OBL
AU$1.42
Omni Bridgeway
7D
-4.4%
1Y
-9.8%
IAM
AU$0.018
Income Asset Management Group
7D
12.5%
1Y
-59.1%