Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Asset Management Industry Analysis

UpdatedDec 15, 2025
DataAggregated Company Financials
Companies162
  • 7D-0.6%
  • 3M-3.2%
  • 1Y2.7%
  • YTDn/a

The Asset Management is pretty flat in the last 7 days, but IGM Financial has stood out, gaining 4.1%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Dec 2025CA$310.2bCA$121.5bCA$7.5b9.1x41.3x2.6x
Thu, 13 Nov 2025CA$320.3bCA$125.3bCA$7.3b9.3x43.8x2.6x
Sat, 11 Oct 2025CA$311.8bCA$124.9bCA$7.0b10.1x44.6x2.5x
Mon, 08 Sep 2025CA$317.8bCA$123.6bCA$6.9b10.3x45.9x2.6x
Wed, 06 Aug 2025CA$313.4bCA$128.9bCA$6.0b12.1x52.4x2.4x
Fri, 04 Jul 2025CA$293.9bCA$127.2bCA$5.9b11.9x49.5x2.3x
Sun, 01 Jun 2025CA$287.6bCA$128.5bCA$6.0b11.2x47.8x2.2x
Tue, 29 Apr 2025CA$286.5bCA$131.3bCA$3.9b10.9x74.1x2.2x
Thu, 27 Mar 2025CA$297.6bCA$135.4bCA$4.5b12.4x65.9x2.2x
Sat, 22 Feb 2025CA$316.1bCA$139.1bCA$4.9b12.1x64.6x2.3x
Mon, 20 Jan 2025CA$217.5bCA$147.6bCA$5.2b11.9x41.5x1.5x
Wed, 18 Dec 2024CA$221.0bCA$146.2bCA$5.2b12x42.4x1.5x
Fri, 15 Nov 2024CA$209.6bCA$149.9bCA$5.3b12.3x39.8x1.4x
Sun, 13 Oct 2024CA$189.8bCA$146.4bCA$5.1b10.9x37.2x1.3x
Tue, 10 Sep 2024CA$163.4bCA$144.4bCA$5.1b10.2x32.3x1.1x
Thu, 08 Aug 2024CA$158.5bCA$146.1bCA$4.9b8.4x32.6x1.1x
Sat, 06 Jul 2024CA$154.5bCA$145.2bCA$5.0b9.8x31.1x1.1x
Mon, 03 Jun 2024CA$153.6bCA$145.1bCA$4.9b10.8x31.3x1.1x
Wed, 01 May 2024CA$141.9bCA$152.6bCA$7.1b10.3x20.1x0.9x
Fri, 29 Mar 2024CA$144.8bCA$151.9bCA$8.4b9.9x17.2x1x
Sun, 25 Feb 2024CA$145.9bCA$151.4bCA$7.6b9.4x19.2x1x
Tue, 23 Jan 2024CA$141.4bCA$150.9bCA$6.4b8.8x21.9x0.9x
Thu, 21 Dec 2023CA$137.9bCA$149.7bCA$6.4b8.8x21.5x0.9x
Sat, 18 Nov 2023CA$124.4bCA$153.3bCA$6.4b8.4x19.5x0.8x
Mon, 16 Oct 2023CA$118.0bCA$148.0bCA$4.7b11x25.1x0.8x
Wed, 13 Sep 2023CA$127.8bCA$147.0bCA$4.7b10x27.3x0.9x
Fri, 11 Aug 2023CA$130.1bCA$150.0bCA$5.5b9x23.6x0.9x
Sun, 09 Jul 2023CA$121.7bCA$144.4bCA$5.6b9.4x21.9x0.8x
Tue, 06 Jun 2023CA$117.4bCA$146.3bCA$5.9b9.3x20x0.8x
Thu, 04 May 2023CA$119.1bCA$146.4bCA$7.7b8.5x15.4x0.8x
Sat, 01 Apr 2023CA$123.7bCA$144.1bCA$6.3b8.2x19.7x0.9x
Mon, 27 Feb 2023CA$125.9bCA$145.0bCA$6.8b11.4x18.5x0.9x
Wed, 25 Jan 2023CA$130.2bCA$139.2bCA$8.4b9.5x15.4x0.9x
Fri, 23 Dec 2022CA$113.3bCA$141.8bCA$8.7b10.7x13.1x0.8x
Price to Earnings Ratio

13.1x


Total Market Cap: CA$113.3bTotal Earnings: CA$8.7bTotal Revenue: CA$141.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Asset Management Industry Price to Earnings3Y Average 33.5x202320242025
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 41.3x which is higher than its 3-year average PE of 33.5x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks industry have grown 8.4% per year over the last three years.
  • Meanwhile revenues for these companies have declined 3.9% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Canadian Asset Management compare with similar industries?

CA Market0.76%
Financials1.60%
Capital Markets-0.61%
Asset Management-0.65%
Financial Exchanges and Data0.37%
Investment Banking and Brokerage-1.87%
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
IGM IGM FinancialCA$60.704.1%
+CA$564.5m		29.7%PE13.9x
BAM Brookfield Asset ManagementCA$74.060.4%
+CA$531.5m		-11.5%PE33.2x
FIH.U Fairfax India HoldingsUS$17.043.3%
+US$72.8m		8.9%PE66.9x
AGF.B AGF ManagementCA$15.756.4%
+CA$61.5m		45.3%PE9.1x
SEC Senvest CapitalCA$383.005.0%
+CA$44.3m		9.4%PE5.3x

Latest News

IGM
CA$60.70
IGM Financial
7D
4.1%
1Y
29.7%

IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625

Dec 15
IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625
DEFI
CA$1.50
DeFi Technologies
7D
-5.1%
1Y
-67.1%

DEFI: Execution Will Improve As Delays Ease And Shares Recover

Analysts cut their price target on DeFi Technologies by half, to approximately $2.50 from about $5.00. They cited project delays and a slightly higher perceived risk profile that modestly raises the discount rate and future valuation multiple in their models.
AGF.B
CA$15.75
AGF Management
7D
6.4%
1Y
45.3%

AGF.B: Leadership Change And Buybacks Will Support Margins And Capital Returns

AGF Management's analyst derived fair value has inched higher to approximately C$16.54 from about C$16.29, reflecting analysts' increased confidence in the firm's revenue growth and margins and supported by a series of recent price target increases across the Street. Analyst Commentary Recent price target increases across the Street point to a constructive stance on AGF Management, with the consensus fair value migrating higher in tandem with improving expectations for revenue durability and operating leverage.
STCK
CA$14.35
Stack Capital Group
7D
12.1%
1Y
19.7%
BAM
CA$74.06
Brookfield Asset Management
7D
0.4%
1Y
-11.5%
BN
CA$62.87
Brookfield
7D
-2.3%
1Y
11.9%
ONEX
CA$112.23
Onex
7D
-0.6%
1Y
-1.3%
ROBO
CA$0.87
Humanoid Global Holdings
7D
-31.0%
1Y
480.0%
SEC
CA$383.00
Senvest Capital
7D
5.0%
1Y
9.4%
CVG
CA$72.00
Clairvest Group
7D
2.2%
1Y
4.7%
HODL
CA$3.20
Sol Strategies
7D
-9.9%
1Y
-85.0%
SII
CA$129.12
Sprott
7D
0.6%
1Y
106.1%

Here's Why Sprott (TSE:SII) Has Caught The Eye Of Investors

Nov 30
Here's Why Sprott (TSE:SII) Has Caught The Eye Of Investors
CKI
CA$21.61
Clarke
7D
-4.0%
1Y
-8.4%
FIH.U
US$17.04
Fairfax India Holdings
7D
3.3%
1Y
8.9%

Shareholders Should Be Pleased With Fairfax India Holdings Corporation's (TSE:FIH.U) Price

Nov 03
Shareholders Should Be Pleased With Fairfax India Holdings Corporation's (TSE:FIH.U) Price
PNP
CA$11.30
Pinetree Capital
7D
-8.6%
1Y
8.3%
PVF.UN
CA$17.50
Partners Value Investments
7D
-1.4%
1Y
4.5%