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Australian (ASX) Diversified Financial Industry Analysis

UpdatedJul 08, 2026
DataAggregated Company Financials
Companies20
  • 7D-1.0%
  • 3M9.8%
  • 1Y9.5%
  • YTD8.2%

In the last week, the Diversified Financial industry is up 1.4%, with Challenger up 4.0%. This takes the industry's 12 month performance to a gain of 10%. As for the next few years, earnings are forecast to decline by 24% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Jul 2026AU$32.1bAU$10.9bAU$3.6b15.5x8.9x2.9x
Fri, 05 Jun 2026AU$30.1bAU$10.9bAU$3.6b13.7x8.3x2.8x
Sun, 03 May 2026AU$29.9bAU$10.9bAU$3.7b9.1x8.2x2.7x
Tue, 31 Mar 2026AU$27.9bAU$10.9bAU$3.7b9.3x7.6x2.6x
Thu, 26 Feb 2026AU$27.8bAU$9.4bAU$1.6b12.2x17.6x3x
Sat, 24 Jan 2026AU$29.7bAU$9.5bAU$1.4b16.2x22x3.1x
Mon, 22 Dec 2025AU$29.2bAU$9.5bAU$1.4b17.3x21.6x3.1x
Wed, 19 Nov 2025AU$28.1bAU$9.5bAU$1.4b18.3x20.5x3x
Fri, 17 Oct 2025AU$30.1bAU$9.5bAU$1.4b20.2x21.8x3.2x
Sun, 14 Sep 2025AU$30.6bAU$9.5bAU$1.5b19.4x19.9x3.2x
Tue, 12 Aug 2025AU$29.8bAU$10.3bAU$1.0b25.5x28.4x2.9x
Thu, 10 Jul 2025AU$28.7bAU$10.3bAU$1.1b20.5x27.2x2.8x
Sat, 07 Jun 2025AU$27.4bAU$10.3bAU$1.1b18.7x26x2.7x
Mon, 05 May 2025AU$25.9bAU$10.3bAU$1.1b17.2x24.2x2.5x
Wed, 02 Apr 2025AU$23.6bAU$10.3bAU$1.1b16.5x22.1x2.3x
Fri, 28 Feb 2025AU$24.7bAU$10.1bAU$1.0b17.2x23.9x2.4x
Sun, 26 Jan 2025AU$25.1bAU$9.9bAU$894.9m16.1x28.1x2.5x
Tue, 24 Dec 2024AU$24.5bAU$9.9bAU$894.8m15.2x27.4x2.5x
Thu, 21 Nov 2024AU$24.0bAU$9.5bAU$867.7m20x27.6x2.5x
Sat, 19 Oct 2024AU$23.7bAU$9.5bAU$872.8m17.7x27.2x2.5x
Mon, 16 Sep 2024AU$23.3bAU$9.5bAU$910.5m20.3x25.6x2.5x
Wed, 14 Aug 2024AU$24.2bAU$9.2bAU$1.0b23.3x23.6x2.6x
Fri, 12 Jul 2024AU$23.2bAU$9.1bAU$976.7m22.7x23.7x2.6x
Sun, 09 Jun 2024AU$22.3bAU$9.1bAU$976.6m21.4x22.8x2.5x
Tue, 07 May 2024AU$21.9bAU$9.1bAU$962.3m32.1x22.8x2.4x
Thu, 04 Apr 2024AU$23.3bAU$9.1bAU$962.0m32.6x24.2x2.6x
Sat, 02 Mar 2024AU$23.8bAU$9.3bAU$1.1b22.7x21.2x2.6x
Mon, 29 Jan 2024AU$22.8bAU$8.7bAU$880.7m18.1x25.9x2.6x
Wed, 27 Dec 2023AU$22.1bAU$8.7bAU$880.9m15.8x25x2.5x
Fri, 24 Nov 2023AU$21.7bAU$8.7bAU$878.9m15.2x24.7x2.5x
Sun, 22 Oct 2023AU$22.8bAU$8.6bAU$879.2m14x26x2.7x
Tue, 19 Sep 2023AU$24.0bAU$9.4bAU$1.3b14.7x19x2.6x
Thu, 17 Aug 2023AU$23.5bAU$9.2bAU$1.3b14.3x18.3x2.6x
Sat, 15 Jul 2023AU$22.8bAU$7.0bAU$1.1b21.6x20.7x3.3x
Price to Earnings Ratio

20.7x


Total Market Cap: AU$22.8bTotal Earnings: AU$1.1bTotal Revenue: AU$7.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Diversified Financial Industry Price to Earnings3Y Average 22.3x202420252026
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 8.9x which is lower than its 3-year average PE of 22.3x.
  • 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 49% per year over the last three years.
  • Revenues for these companies have grown 16% 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 Market0.20%
Financials1.52%
Diversified Financial-0.99%
Other Diversified Financial Services3.44%
Transaction and Payment Processing Services1.85%
Specialized Finance-0.19%
Multi-Sector Holdings-4.18%
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 30.6x.
    • Analysts are expecting annual earnings growth of 10.1%, 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 27% over the next 5 years.
  • This is better than its past earnings growth rate of 4.0% per year.
  • In contrast, the Specialized Finance industry is expected to see its earnings decline by 127% 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
CGF ChallengerAU$10.404.0%
+AU$273.0m		28.7%PE15.5x
AMP AMPAU$1.652.5%
+AU$99.2m		13.8%PE30.7x
LFG Liberty Financial GroupAU$3.508.4%
+AU$82.0m		-4.6%PE7.3x
PPM Pepper MoneyAU$1.637.6%
+AU$51.7m		-10.5%PE7x
AFG Australian Finance GroupAU$1.664.4%
+AU$19.0m		-19.4%PE10.7x

Latest News

HLI
AU$5.59
Helia Group
7D
0.9%
1Y
17.7%
AMP
AU$1.65
AMP
7D
2.5%
1Y
13.8%
Narrative Update • Jul 03

AMP: Future Returns Will Turn On Buybacks Margins And Mixed Street Signals

Analysts have lifted the AMP fair value estimate from A$1.69 to A$1.76, citing a series of recent price target increases and adjustments to revenue, margin and future P/E assumptions across the latest research updates. Analyst Commentary Recent Street research on Ameriprise provides useful context for how professional investors are thinking about valuation, growth and execution, which can be helpful when assessing AMP at its updated fair value estimate.
CGF
AU$10.40
Challenger
7D
4.0%
1Y
28.7%
Narrative Update • Jul 03

CGF: Retirement Tailwinds And Chart Breakout Will Shape Balanced Risk Reward

Analysts have nudged their fair value estimate for Challenger up from A$9.43 to A$9.75. This reflects slightly lower discount rate assumptions, a marginally weaker revenue outlook, and a modestly higher projected profit margin and future P/E multiple.
CCA
AU$0.074
Change Financial
7D
-2.6%
1Y
8.8%
PPM
AU$1.63
Pepper Money
7D
7.6%
1Y
-10.5%
Narrative Update • Jun 26

PPM: Trimmed Fair Value Assumptions Will Support Future Upside Potential

Analysts have trimmed their price target for Pepper Money to A$2.14 from A$2.38, with the change reflecting updated assumptions on fair value, discount rate, revenue growth, profit margins and future P/E multiples. What’s in the News for Pepper Money No recent news stories, periodical coverage, or key developments have been provided for Pepper Money based on the sources referenced above.
LFG
AU$3.50
Liberty Financial Group
7D
8.4%
1Y
-4.6%
RMC
AU$0.81
Resimac Group
7D
-1.2%
1Y
-11.5%
AFG
AU$1.66
Australian Finance Group
7D
4.4%
1Y
-19.4%
Narrative Update • Jun 26

AFG: Share Buyback And Margin Outlook Will Support Future Upside

Analysts have reduced their fair value estimate for Australian Finance Group to A$2.57 from A$2.88, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Recent valuation work on Australian Finance Group highlights a more conservative stance, with the fair value estimate reduced to A$2.57.
SOL
AU$44.19
WHSP Holdings
7D
-4.2%
1Y
4.6%
Narrative Update • Jun 24

SOL: Elevated P/E And Steady Outlook Will Likely Restrain Returns

Analysts have kept their A$40.18 fair value estimate for WHSP Holdings steady, citing only marginal tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions rather than any material change in the core outlook. What’s in the News for WHSP Holdings No recent company specific news items for WHSP Holdings were identified in the provided sources.
EML
AU$0.34
EML Payments
7D
13.1%
1Y
-68.8%
Narrative Update • Jun 23

EML: New CEO Appointment Will Drive Single Global Platform Execution

Analysts have maintained their A$0.66 fair value estimate for EML Payments, reflecting a slightly higher discount rate, a modestly less steep revenue decline, firmer profit margin expectations and a lower future P/E assumption shaping the updated price target narrative. What’s in the News for EML Payments EML Payments appointed Adam Olding as Chief Executive Officer, effective March 30, 2026.
OFX
AU$0.54
OFX Group
7D
-2.7%
1Y
-27.5%
Narrative Update • Jun 23

OFX: Ongoing Review And Higher Margins Will Unlock Future Upside

Analysts have trimmed their A$ fair value estimate for OFX Group from A$0.91 to A$0.86, citing updated assumptions around discount rates, revenue growth, profit margins, and a lower future P/E multiple. What's in the News for OFX Group OFX Group Limited confirmed that its previously announced Strategic Review, first outlined on 5 February 2026, remains in progress, with discussions continuing with multiple credible parties.
N1H
AU$0.09
N1 Holdings
7D
-1.1%
1Y
-21.7%
TYR
AU$0.81
Tyro Payments
7D
3.8%
1Y
-9.0%
Narrative Update • Jun 10

TYR: Stable Assumptions And Weaker Outlook Will Sustain Overvalued View

Analysts have slightly adjusted their A$ price target range for Tyro Payments, reflecting updated assumptions for revenue growth, discount rate and future P/E that remain broadly consistent with prior views. What's in the News No recent company specific news or key developments for Tyro Payments were provided in the available sources.
OBL
AU$1.61
Omni Bridgeway
7D
-2.4%
1Y
17.5%