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Canadian (TSX) Asset Management Industry Analysis

UpdatedAug 28, 2026
DataAggregated Company Financials
Companies152
  • 7D1.2%
  • 3M-0.06%
  • 1Y-4.3%
  • YTDn/a

Last week, the Asset Management industry hasn't moved much but Sprott is up 14% in that time. As for the longer term, the industry has declined 3.7% in the last year. 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
Fri, 28 Aug 2026CA$302.8bCA$131.5bCA$9.4b7.6x32.3x2.3x
Sun, 26 Jul 2026CA$293.3bCA$129.9bCA$9.0b9.9x32.4x2.3x
Tue, 23 Jun 2026CA$301.0bCA$130.5bCA$9.2b10.1x32.9x2.3x
Thu, 21 May 2026CA$292.7bCA$126.8bCA$8.9b9.3x32.7x2.3x
Sat, 18 Apr 2026CA$301.4bCA$123.3bCA$8.7b9.1x34.7x2.4x
Mon, 16 Mar 2026CA$265.5bCA$123.6bCA$8.4b8.7x31.6x2.1x
Wed, 11 Feb 2026CA$306.6bCA$120.2bCA$7.2b9.4x42.4x2.6x
Fri, 09 Jan 2026CA$317.0bCA$122.3bCA$7.5b9.6x42.2x2.6x
Sun, 07 Dec 2025CA$312.4bCA$122.0bCA$7.5b8.8x41.5x2.6x
Tue, 04 Nov 2025CA$320.8bCA$125.3bCA$7.0b8.8x45.7x2.6x
Thu, 02 Oct 2025CA$322.4bCA$124.4bCA$7.0b10.2x46.3x2.6x
Sat, 30 Aug 2025CA$320.5bCA$122.6bCA$6.9b11.2x46.6x2.6x
Mon, 28 Jul 2025CA$324.5bCA$128.3bCA$6.0b12.4x54.1x2.5x
Wed, 25 Jun 2025CA$293.7bCA$128.5bCA$6.0b11.1x48.9x2.3x
Fri, 23 May 2025CA$287.3bCA$129.8bCA$6.2b11.3x46.6x2.2x
Sun, 20 Apr 2025CA$264.7bCA$131.5bCA$3.9b12.5x68.4x2x
Tue, 18 Mar 2025CA$264.9bCA$135.4bCA$4.5b11.6x58.7x2x
Thu, 13 Feb 2025CA$311.4bCA$146.1bCA$5.4b12.4x57.5x2.1x
Sat, 11 Jan 2025CA$216.1bCA$147.3bCA$5.2b12x41.3x1.5x
Mon, 09 Dec 2024CA$220.3bCA$144.6bCA$5.2b12.4x42.6x1.5x
Wed, 06 Nov 2024CA$194.8bCA$147.1bCA$5.0b13.6x38.7x1.3x
Fri, 04 Oct 2024CA$180.9bCA$144.4bCA$5.1b10.5x35.8x1.3x
Sun, 01 Sep 2024CA$169.7bCA$143.6bCA$5.0b10.6x33.7x1.2x
Tue, 30 Jul 2024CA$168.1bCA$147.4bCA$5.0b9x33.4x1.1x
Thu, 27 Jun 2024CA$149.4bCA$145.9bCA$5.0b9.1x30.1x1x
Sat, 25 May 2024CA$156.2bCA$145.5bCA$4.9b10.9x31.7x1.1x
Mon, 22 Apr 2024CA$139.7bCA$152.5bCA$7.0b10.5x19.8x0.9x
Wed, 20 Mar 2024CA$143.3bCA$152.1bCA$7.7b10.7x18.7x0.9x
Fri, 16 Feb 2024CA$142.4bCA$151.3bCA$7.7b8.6x18.6x0.9x
Sun, 14 Jan 2024CA$138.1bCA$150.1bCA$6.4b8.8x21.5x0.9x
Tue, 12 Dec 2023CA$130.4bCA$151.8bCA$6.5b8.1x20.2x0.9x
Thu, 09 Nov 2023CA$118.1bCA$149.7bCA$4.9b10x23.9x0.8x
Sat, 07 Oct 2023CA$114.9bCA$148.1bCA$4.7b11x24.4x0.8x
Mon, 04 Sep 2023CA$127.9bCA$147.4bCA$4.7b10.3x27.4x0.9x
Price to Earnings Ratio

27.4x


Total Market Cap: CA$127.9bTotal Earnings: CA$4.7bTotal Revenue: CA$147.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Asset Management Industry Price to Earnings3Y Average 37.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Canadian Asset Management and Custody Banks 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 32.5x which is lower than its 3-year average PE of 37.4x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks industry have grown 26% per year over the last three years.
  • Meanwhile revenues for these companies have declined 3.7% 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 Market1.14%
Financials1.56%
Capital Markets1.40%
Asset Management1.21%
Investment Banking and Brokerage4.85%
Financial Exchanges and Data4.81%
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
BAM Brookfield Asset ManagementCA$72.161.5%
+CA$1.7b		-13.6%PE29.7x
BN BrookfieldCA$57.430.6%
+CA$781.3m		-4.8%PE73.6x
SII SprottCA$189.098.6%
+CA$385.5m		111.4%PE33.3x
IGM IGM FinancialCA$87.141.7%
+CA$327.9m		75.8%PE17.3x
ONEX OnexCA$114.211.9%
+CA$165.3m		-2.9%PE13.1x

Latest News

PALI
CA$5.24
Palisades Goldcorp
7D
24.8%
1Y
274.3%
SII
CA$189.09
Sprott
7D
8.6%
1Y
111.4%
BAM
CA$72.16
Brookfield Asset Management
7D
1.5%
1Y
-13.6%
GOAT
CA$0.10
GOAT Industries
7D
-20.0%
1Y
-79.6%
DEFI
CA$0.91
DeFi Technologies
7D
12.3%
1Y
-67.5%
Narrative Update • Aug 19

DEFI: Balance Sheet Strength Will Support Future Upside Repricing Potential

Analysts now set a fair value price target of CA$7.00 for DeFi Technologies, up from CA$5.75. This reflects updated views on revenue growth potential, improved profit margin assumptions, and a lower discount rate, even as recent Street research highlights reduced near term targets in light of Q2 results and execution risks.
ONEX
CA$114.21
Onex
7D
1.9%
1Y
-2.9%
WED
CA$19.50
Westaim
7D
-0.6%
1Y
-30.3%
BN
CA$57.43
Brookfield
7D
0.6%
1Y
-4.8%
OLY
CA$100.00
Olympia Financial Group
7D
-2.4%
1Y
-23.7%
PXI
CA$0.08
Planet Ventures
7D
-11.1%
1Y
-20.0%
AGF.B
CA$22.64
AGF Management
7D
3.7%
1Y
80.4%
AD.UN
CA$24.29
Alaris Equity Partners Income Trust
7D
-2.3%
1Y
30.4%
IGM
CA$87.14
IGM Financial
7D
1.7%
1Y
75.8%
Narrative Update • Aug 08

IGM: Higher Street Views And Buybacks May Support Steady Future Returns

The analyst fair value estimate for IGM Financial has been raised from CA$81.75 to CA$87.25, reflecting a series of higher Street price targets as analysts incorporate updated assumptions on discount rate, revenue trends, profit margin and future P/E. Analyst Commentary Recent Street commentary on IGM Financial points to a cluster of price target changes that align with the updated fair value estimate of CA$87.25.
TORR
CA$0.61
Torrent Capital
7D
-4.7%
1Y
-4.7%
GOGO
CA$0.16
GoGo AI Network
7D
-8.6%
1Y
n/a
LITT
CA$0.13
FutureGen Industries
7D
-10.7%
1Y
8.7%