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Canadian (TSX) Capital Markets Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies219
  • 7D-1.6%
  • 3M7.4%
  • 1Y31.8%
  • YTD7.4%

Over the last 7 days, the Capital Markets industry has dropped 1.6%, driven by a pullback from Brookfield of 2.1%. In the past year, the industry has gained 32%. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024CA$156.4bCA$156.5bCA$7.9b11.7x19.7x1x
Wed, 14 Feb 2024CA$150.7bCA$157.1bCA$8.0b8.6x18.8x1x
Fri, 12 Jan 2024CA$149.2bCA$155.1bCA$6.5b9x22.9x1x
Sun, 10 Dec 2023CA$137.3bCA$157.1bCA$6.6b8.7x20.9x0.9x
Tue, 07 Nov 2023CA$130.1bCA$153.8bCA$5.0b10.2x25.8x0.8x
Thu, 05 Oct 2023CA$123.2bCA$153.8bCA$4.9b10.6x25.4x0.8x
Sat, 02 Sep 2023CA$137.3bCA$152.4bCA$4.8b10.8x28.7x0.9x
Mon, 31 Jul 2023CA$137.8bCA$149.0bCA$5.8b9.5x23.8x0.9x
Wed, 28 Jun 2023CA$128.8bCA$148.1bCA$5.7b9.5x22.6x0.9x
Fri, 26 May 2023CA$126.0bCA$152.7bCA$6.1b8.5x20.6x0.8x
Sun, 23 Apr 2023CA$133.9bCA$149.9bCA$8.2b8.3x16.3x0.9x
Tue, 21 Mar 2023CA$122.1bCA$150.0bCA$7.4b9.3x16.4x0.8x
Thu, 16 Feb 2023CA$140.7bCA$146.9bCA$7.1b11.6x19.9x1x
Sat, 14 Jan 2023CA$135.7bCA$143.5bCA$9.3b10.3x14.6x0.9x
Mon, 12 Dec 2022CA$150.1bCA$141.2bCA$6.7b10.2x22.4x1.1x
Wed, 09 Nov 2022CA$124.6bCA$135.0bCA$8.5b12.7x14.7x0.9x
Fri, 07 Oct 2022CA$130.1bCA$137.0bCA$8.7b8.8x14.9x0.9x
Sun, 04 Sep 2022CA$137.3bCA$131.4bCA$8.4b8.7x16.3x1x
Tue, 02 Aug 2022CA$141.3bCA$128.0bCA$9.5b7.2x14.9x1.1x
Thu, 30 Jun 2022CA$130.5bCA$128.5bCA$9.5b8.5x13.7x1x
Sat, 28 May 2022CA$144.2bCA$126.5bCA$9.5b9.2x15.2x1.1x
Mon, 25 Apr 2022CA$151.8bCA$121.2bCA$10.5b9.8x14.5x1.3x
Wed, 23 Mar 2022CA$166.1bCA$118.0bCA$10.6b10.5x15.6x1.4x
Fri, 18 Feb 2022CA$163.3bCA$118.9bCA$11.1b10.9x14.7x1.4x
Sun, 16 Jan 2022CA$170.9bCA$111.8bCA$10.8b9.3x15.8x1.5x
Tue, 14 Dec 2021CA$176.0bCA$113.4bCA$10.7b8.8x16.4x1.6x
Thu, 11 Nov 2021CA$189.8bCA$105.8bCA$9.5b7.8x20x1.8x
Sat, 09 Oct 2021CA$165.4bCA$105.7bCA$9.6b6.7x17.3x1.6x
Mon, 06 Sep 2021CA$162.8bCA$105.1bCA$9.6b6.7x17x1.5x
Wed, 04 Aug 2021CA$152.6bCA$105.1bCA$9.3b6.5x16.5x1.5x
Sat, 08 May 2021CA$129.4bCA$98.1bCA$8.0b3.7x16.2x1.3x
Price to Earnings Ratio

15.8x


Total Market Cap: CA$126.5bTotal Earnings: CA$8.0bTotal Revenue: CA$98.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Capital Markets Industry Price to Earnings3Y Average 18.1x202220232024
Current Industry PE
  • Investors are relatively neutral on the Canadian Capital Markets industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 18.1x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 1.00x.
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 17% 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 Canadian Financials industry?

CA Market0.35%
Financials-0.29%
Capital Markets-1.63%
Investment Banking and Brokerage2.63%
Diversified Capital Markets0%
Asset Management-1.65%
Financial Exchanges and Data-1.70%
Industry PE
  • Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 26.1x.
    • Analysts are expecting annual earnings growth of 15.1%, which is higher than its past year's earnings decline of 66.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 15% 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
FIH.U Fairfax India HoldingsUS$14.702.4%
+US$47.4m
14.0%PE5.4x
AD.UN Alaris Equity Partners Income TrustCA$17.355.5%
+CA$41.4m
7.4%PE5.7x
CF Canaccord Genuity GroupCA$8.355.0%
+CA$37.1m
-21.6%PS0.5x
GLXY Galaxy Digital HoldingsCA$13.341.0%
+CA$14.2m
192.5%PB2.7x
SEC Senvest CapitalCA$315.001.6%
+CA$12.2m
-3.7%PE5.1x
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Latest News

BN

CA$55.51

Brookfield

7D

-2.1%

1Y

39.6%

WCM.A

CA$3.08

Wilmington Capital Management

7D

-49.1%

1Y

-27.5%

AD.UN

CA$17.35

Alaris Equity Partners Income Trust

7D

5.5%

1Y

7.4%

BAM

CA$55.46

Brookfield Asset Management

7D

-1.8%

1Y

30.0%

IDK

CA$0.61

ThreeD Capital

7D

52.5%

1Y

52.5%

CIX

CA$16.86

CI Financial

7D

0.2%

1Y

30.4%

CF

CA$8.35

Canaccord Genuity Group

7D

5.0%

1Y

-21.6%

GLXY

CA$13.34

Galaxy Digital Holdings

7D

1.0%

1Y

192.5%

SEC

CA$315.00

Senvest Capital

7D

1.6%

1Y

-3.7%

ONEX

CA$99.99

Onex

7D

-0.3%

1Y

51.0%

GCG.A

CA$49.51

Guardian Capital Group

7D

-3.6%

1Y

26.0%

X

CA$33.70

TMX Group

7D

-1.6%

1Y

24.8%

DEFI

CA$0.62

DeFi Technologies

7D

-10.1%

1Y

300.0%

FIH.U

US$14.70

Fairfax India Holdings

7D

2.4%

1Y

14.0%