Header cover image

Canadian (TSX) Capital Markets Industry Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies253
  • 7D3.4%
  • 3M2.2%
  • 1Y-16.4%
  • YTD-21.6%

Over the last 7 days, the Capital Markets industry has risen 3.4%, driven by gains from Brookfield Asset Management of 4.0%. However, the industry is down 16% over the past year. Earnings are forecast to grow by 2.7% annually.

Industry Valuation and Performance

Has the Canadian Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022CA$141.6bCA$140.2bCA$6.8b10.9x20.8x1x
Sat, 29 Oct 2022CA$125.1bCA$136.4bCA$8.7b11x14.4x0.9x
Mon, 26 Sep 2022CA$131.4bCA$135.6bCA$8.6b9x15.2x1x
Wed, 24 Aug 2022CA$143.5bCA$130.0bCA$8.3b8x17.2x1.1x
Fri, 22 Jul 2022CA$138.0bCA$128.4bCA$9.5b8.1x14.5x1.1x
Sun, 19 Jun 2022CA$128.8bCA$129.7bCA$9.4b8.6x13.7x1x
Tue, 17 May 2022CA$139.4bCA$128.0bCA$9.4b11.3x14.8x1.1x
Thu, 14 Apr 2022CA$157.6bCA$120.5bCA$10.4b9.8x15.1x1.3x
Sat, 12 Mar 2022CA$161.1bCA$119.3bCA$10.9b9.7x14.8x1.4x
Mon, 07 Feb 2022CA$164.1bCA$113.1bCA$10.5b11.5x15.6x1.5x
Wed, 05 Jan 2022CA$181.0bCA$112.6bCA$10.6b8.8x17x1.6x
Fri, 03 Dec 2021CA$176.5bCA$113.4bCA$10.7b9.1x16.5x1.6x
Sun, 31 Oct 2021CA$181.7bCA$105.4bCA$9.5b6.3x19.2x1.7x
Tue, 28 Sep 2021CA$166.1bCA$107.0bCA$9.7b5.8x17.1x1.6x
Thu, 26 Aug 2021CA$160.0bCA$105.1bCA$9.3b6.1x17.3x1.5x
Fri, 02 Jul 2021CA$142.8bCA$105.1bCA$9.3b6.2x15.4x1.4x
Mon, 05 Apr 2021CA$126.5bCA$98.1bCA$8.0b3.9x15.8x1.3x
Thu, 07 Jan 2021CA$117.3bCA$92.4bCA$2.9b7.1x40.7x1.3x
Wed, 30 Sep 2020CA$101.1bCA$95.9bCA$2.0b8.9x50.6x1.1x
Sat, 04 Jul 2020CA$103.0bCA$99.6bCA$2.5b8.5x41.1x1x
Tue, 07 Apr 2020CA$85.5bCA$112.4bCA$3.9b12.5x21.7x0.8x
Fri, 10 Jan 2020CA$115.0bCA$104.7bCA$10.9b8.9x10.6x1.1x
Price to Earnings Ratio

9.4x


Total Market Cap: CA$116.1bTotal Earnings: CA$12.3bTotal Revenue: CA$110.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Capital Markets Industry Price to Earnings3Y Average 23.4x202020212022
Current Industry PE
  • Investors are pessimistic on the Canadian Capital Markets 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 20.8x which is lower than its 3-year average PE of 23.4x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have declined 18% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.3% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Canadian Financials industry?

CA Market0.70%
Financials0.24%
Capital Markets3.35%
Asset Management3.40%
Financial Exchanges and Data3.04%
Diversified Capital Markets0%
Investment Banking and Brokerage-0.70%
Industry PE
  • Investors are most optimistic about the Asset Management industry, which is trading close to its 3-year average PE ratio of 24.2x.
    • Analysts are expecting annual earnings growth of 11.3%, which is lower than the prior year's growth of 55.3% per year.
  • Investors are most pessimistic about the Investment Banking and Brokerage industry, which is trading below its 3-year average of 10.9x.
Forecasted Growth
  • Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 11% over the next 5 years.
  • However this is lower than its past earnings growth rate of 55% per year.
  • In contrast, the Financial Exchanges and Data industry is expected to see its earnings decline by 14% 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
BAM.A Brookfield Asset ManagementCA$63.424.0%
+CA$3.8b
-10.8%PE22.1x
GCG.A Guardian Capital GroupCA$38.2036.5%
+CA$246.4m
9.3%PS3.1x
X TMX GroupCA$141.043.2%
+CA$245.3m
13.1%PE14.8x
FIH.U Fairfax India HoldingsUS$12.248.8%
+US$137.2m
2.0%PS103.5x
PVF.UN Partners Value InvestmentsCA$69.002.2%
+CA$99.2m
-7.3%PE48.5x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

GCG.A

CA$38.20

Guardian Capital Group

7D

36.5%

1Y

9.3%

BAM.A

CA$63.42

Brookfield Asset Management

7D

4.0%

1Y

-10.8%

ONEX

CA$70.89

Onex

7D

1.2%

1Y

-24.7%

FIH.U

US$12.24

Fairfax India Holdings

7D

8.8%

1Y

2.0%

WED

CA$2.51

Westaim

7D

-0.8%

1Y

-2.3%

SII

CA$48.03

Sprott

7D

-2.8%

1Y

-14.9%

CVG

CA$74.00

Clairvest Group

7D

-4.5%

1Y

22.3%

BLR

CA$0.10

Blackhawk Growth

7D

-28.6%

1Y

-86.3%

GLXY

CA$4.31

Galaxy Digital Holdings

7D

5.1%

1Y

-85.2%

AD.UN

CA$17.12

Alaris Equity Partners Income Trust

7D

-0.9%

1Y

-3.5%

WNDR

CA$0.19

WonderFi Technologies

7D

-15.6%

1Y

-91.8%

X

CA$141.04

TMX Group

7D

3.2%

1Y

13.1%

NFD.A

CA$31.00

Northfield Capital

7D

n/a

1Y

-16.9%