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Canadian (TSX) Asset Management Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies225
  • 7D-1.5%
  • 3M-0.6%
  • 1Y18.1%
  • YTDn/a

Over the last 7 days, the Asset Management industry has dropped 1.5%, driven by declines in Brookfield Asset Management and Brookfield of 0.9% and 0.2%, respectively. In the past year, the industry has gained 18%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the Canadian Asset Management Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Apr 2024CA$139.7bCA$152.5bCA$7.0b10.5x19.8x0.9x
Thu, 21 Mar 2024CA$143.3bCA$151.3bCA$7.6b10.5x18.8x0.9x
Sat, 17 Feb 2024CA$144.3bCA$151.1bCA$7.6b8.4x18.9x1x
Mon, 15 Jan 2024CA$138.0bCA$150.1bCA$6.4b8.8x21.5x0.9x
Wed, 13 Dec 2023CA$130.4bCA$152.0bCA$6.5b8.1x20.1x0.9x
Fri, 10 Nov 2023CA$118.7bCA$149.8bCA$5.0b10.2x24x0.8x
Sun, 08 Oct 2023CA$114.9bCA$148.1bCA$4.7b11x24.4x0.8x
Tue, 05 Sep 2023CA$127.9bCA$147.4bCA$4.7b10.3x27.3x0.9x
Thu, 03 Aug 2023CA$124.9bCA$145.1bCA$5.6b9.7x22.4x0.9x
Sat, 01 Jul 2023CA$123.8bCA$144.1bCA$5.6b9.5x22.3x0.9x
Mon, 29 May 2023CA$119.3bCA$148.1bCA$5.9b9x20.2x0.8x
Wed, 26 Apr 2023CA$121.6bCA$146.5bCA$7.7b8.1x15.8x0.8x
Fri, 24 Mar 2023CA$113.6bCA$146.0bCA$6.8b8.8x16.8x0.8x
Sun, 19 Feb 2023CA$130.9bCA$143.6bCA$6.6b10.2x19.7x0.9x
Tue, 17 Jan 2023CA$127.7bCA$139.6bCA$8.5b10.5x15.1x0.9x
Thu, 15 Dec 2022CA$120.0bCA$136.4bCA$5.9b11.4x20.4x0.9x
Sat, 12 Nov 2022CA$128.6bCA$130.2bCA$6.6b16x19.4x1x
Mon, 10 Oct 2022CA$117.4bCA$132.7bCA$8.2b8.2x14.4x0.9x
Wed, 07 Sep 2022CA$128.3bCA$127.7bCA$7.9b8.4x16.3x1x
Fri, 05 Aug 2022CA$134.9bCA$124.1bCA$9.0b7.1x15.1x1.1x
Sun, 03 Jul 2022CA$120.9bCA$124.6bCA$9.0b8.5x13.4x1x
Tue, 31 May 2022CA$136.9bCA$122.1bCA$8.8b9.4x15.6x1.1x
Thu, 28 Apr 2022CA$139.5bCA$118.8bCA$10.0b9.8x14x1.2x
Sat, 26 Mar 2022CA$156.6bCA$113.0bCA$10.0b11.1x15.6x1.4x
Mon, 21 Feb 2022CA$149.8bCA$115.2bCA$10.6b10.9x14.1x1.3x
Wed, 19 Jan 2022CA$155.8bCA$107.5bCA$10.0b9.6x15.6x1.4x
Fri, 17 Dec 2021CA$164.2bCA$109.3bCA$10.1b8.5x16.2x1.5x
Sun, 14 Nov 2021CA$174.2bCA$107.8bCA$9.8b7x17.8x1.6x
Tue, 12 Oct 2021CA$155.9bCA$102.3bCA$9.0b6.9x17.4x1.5x
Thu, 09 Sep 2021CA$152.3bCA$101.8bCA$9.0b6.6x17x1.5x
Sat, 07 Aug 2021CA$150.0bCA$101.8bCA$8.6b7.2x17.4x1.5x
Fri, 30 Apr 2021CA$119.8bCA$95.0bCA$7.4b3.7x16.1x1.3x
Price to Earnings Ratio

16.1x


Total Market Cap: CA$119.8bTotal Earnings: CA$7.4bTotal Revenue: CA$95.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Asset Management Industry Price to Earnings3Y Average 18x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Asset Management and Custody Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 19.8x which is higher than its 3-year average PE of 18.0x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.92x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks 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 Comparison

How does Canadian Asset Management compare with similar industries?

CA Market-0.60%
Financials-0.41%
Capital Markets-1.35%
Asset Management-1.47%
Investment Banking and Brokerage2.08%
Financial Exchanges and Data0.0048%
Diversified Capital Markets0%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BN BrookfieldCA$54.281.4%
+CA$1.2b
25.4%PE62.2x
BAM Brookfield Asset ManagementCA$53.510.7%
+CA$151.7m
20.8%PE8.3x
IGM IGM FinancialCA$33.881.7%
+CA$137.9m
-17.0%PE8.7x
CIX CI FinancialCA$16.482.0%
+CA$47.2m
25.4%PE484x
ONEX OnexCA$98.210.2%
+CA$14.6m
57.1%PE10.4x
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Latest News

GPK

CA$0.10

Grand Peak Capital

7D

0%

1Y

n/a

CIX

CA$16.48

CI Financial

7D

2.0%

1Y

25.4%

IDK

CA$0.34

ThreeD Capital

7D

-28.7%

1Y

24.1%

PALI

CA$2.39

Palisades Goldcorp

7D

-9.5%

1Y

-31.7%

DEFI

CA$0.71

DeFi Technologies

7D

-20.2%

1Y

425.9%

BAM

CA$53.51

Brookfield Asset Management

7D

0.7%

1Y

20.8%

BN

CA$54.28

Brookfield

7D

1.4%

1Y

25.4%

AD.UN

CA$15.45

Alaris Equity Partners Income Trust

7D

-2.4%

1Y

-10.8%

GCG.A

CA$46.44

Guardian Capital Group

7D

-3.8%

1Y

8.0%

TONY

CA$0.76

Tony G Co-Investment Holdings

7D

90.0%

1Y

n/a

ONEX

CA$98.21

Onex

7D

0.2%

1Y

57.1%

WED

CA$3.71

Westaim

7D

1.9%

1Y

24.9%

PVF.UN

CA$73.72

Partners Value Investments

7D

-12.4%

1Y

n/a

FIH.U

US$14.78

Fairfax India Holdings

7D

-1.1%

1Y

13.7%

IGM

CA$33.88

IGM Financial

7D

1.7%

1Y

-17.0%