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Canadian (TSX) Asset Management Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies207
  • 7D-1.7%
  • 3M7.3%
  • 1Y32.9%
  • YTDn/a

Over the last 7 days, the Asset Management industry has dropped 1.2%, driven by a pullback from Brookfield of 1.3%. Over the past 12 months, the industry was up 34%. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024CA$145.9bCA$151.9bCA$7.7b10.8x19.1x1x
Wed, 14 Feb 2024CA$140.1bCA$152.4bCA$7.7b8.3x18.1x0.9x
Fri, 12 Jan 2024CA$139.2bCA$150.0bCA$6.4b8.8x21.7x0.9x
Sun, 10 Dec 2023CA$127.8bCA$152.0bCA$6.5b8.2x19.7x0.8x
Tue, 07 Nov 2023CA$121.0bCA$148.7bCA$4.9b10.2x24.6x0.8x
Thu, 05 Oct 2023CA$114.1bCA$148.9bCA$4.7b10.6x24.2x0.8x
Sat, 02 Sep 2023CA$127.9bCA$147.4bCA$4.7b10.7x27.5x0.9x
Mon, 31 Jul 2023CA$128.3bCA$144.0bCA$5.5b9.5x23.2x0.9x
Wed, 28 Jun 2023CA$119.7bCA$143.4bCA$5.5b9.5x21.6x0.8x
Fri, 26 May 2023CA$116.8bCA$147.9bCA$5.9b8.5x19.9x0.8x
Sun, 23 Apr 2023CA$125.0bCA$145.5bCA$7.7b8.3x16.3x0.9x
Tue, 21 Mar 2023CA$113.3bCA$145.7bCA$6.7b9.3x16.8x0.8x
Thu, 16 Feb 2023CA$131.7bCA$142.5bCA$6.4b11.6x20.6x0.9x
Sat, 14 Jan 2023CA$126.7bCA$139.4bCA$8.5b10.5x15x0.9x
Mon, 12 Dec 2022CA$141.4bCA$137.0bCA$5.9b10.9x24x1x
Wed, 09 Nov 2022CA$116.1bCA$130.8bCA$7.9b11.2x14.6x0.9x
Fri, 07 Oct 2022CA$121.7bCA$133.0bCA$8.2b8.3x14.9x0.9x
Sun, 04 Sep 2022CA$128.8bCA$127.4bCA$7.9b8.4x16.4x1x
Tue, 02 Aug 2022CA$132.6bCA$123.8bCA$9.0b7.2x14.8x1.1x
Thu, 30 Jun 2022CA$121.8bCA$124.4bCA$9.0b8.5x13.5x1x
Sat, 28 May 2022CA$135.2bCA$122.9bCA$8.8b9.2x15.4x1.1x
Mon, 25 Apr 2022CA$142.9bCA$117.6bCA$9.9b9.8x14.4x1.2x
Wed, 23 Mar 2022CA$155.5bCA$113.8bCA$10.1b11.2x15.4x1.4x
Fri, 18 Feb 2022CA$152.6bCA$114.8bCA$10.6b10.9x14.4x1.3x
Sun, 16 Jan 2022CA$159.4bCA$108.0bCA$10.3b9.3x15.5x1.5x
Tue, 14 Dec 2021CA$164.3bCA$109.6bCA$10.2b8.8x16.2x1.5x
Thu, 11 Nov 2021CA$175.8bCA$102.0bCA$8.9b7.8x19.8x1.7x
Sat, 09 Oct 2021CA$155.9bCA$102.4bCA$9.0b6.9x17.4x1.5x
Mon, 06 Sep 2021CA$152.6bCA$101.8bCA$9.0b6.9x17x1.5x
Wed, 04 Aug 2021CA$142.7bCA$101.8bCA$8.6b6.5x16.5x1.4x
Sat, 08 May 2021CA$119.8bCA$95.0bCA$7.4b3.7x16.1x1.3x
Price to Earnings Ratio

15.7x


Total Market Cap: CA$117.1bTotal Earnings: CA$7.4bTotal Revenue: CA$95.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Asset Management Industry Price to Earnings3Y Average 17.9x202220232024
Current Industry PE
  • Investors are relatively neutral on the Canadian Asset Management and Custody Banks 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 17.9x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.96x.
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 Market0.35%
Financials-0.29%
Capital Markets-1.63%
Asset Management-1.65%
Investment Banking and Brokerage2.63%
Diversified Capital Markets0%
Financial Exchanges and Data-1.70%
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
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
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
IDK ThreeD CapitalCA$0.6152.5%
+CA$10.9m
52.5%PE19.7x
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Latest News

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%

BN

CA$55.51

Brookfield

7D

-2.1%

1Y

39.6%

IDK

CA$0.61

ThreeD Capital

7D

52.5%

1Y

52.5%

FSZ

CA$8.43

Fiera Capital

7D

-1.5%

1Y

8.2%

CIX

CA$16.86

CI Financial

7D

0.2%

1Y

30.4%

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%

DEFI

CA$0.62

DeFi Technologies

7D

-10.1%

1Y

300.0%

PALI

CA$1.90

Palisades Goldcorp

7D

11.1%

1Y

-32.1%

FIH.U

US$14.70

Fairfax India Holdings

7D

2.4%

1Y

14.0%