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Canadian (TSX) Asset Management Industry Analysis

UpdatedJun 23, 2024
DataAggregated Company Financials
Companies217
  • 7D-0.5%
  • 3M-1.8%
  • 1Y29.6%
  • YTDn/a

Last week, the Asset Management industry hasn't moved much but IGM Financial is up 3.6% in that time. The past year has been better, since the industry has gained 30% in that time. Looking forward, earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Jun 2024CA$147.9bCA$145.8bCA$5.0b9.1x29.8x1x
Tue, 21 May 2024CA$155.3bCA$145.0bCA$4.9b10.9x31.6x1.1x
Thu, 18 Apr 2024CA$140.3bCA$152.7bCA$7.1b10.5x19.9x0.9x
Sat, 16 Mar 2024CA$146.2bCA$151.9bCA$7.6b11.2x19.1x1x
Mon, 12 Feb 2024CA$144.0bCA$151.2bCA$7.7b8.6x18.7x1x
Wed, 10 Jan 2024CA$137.4bCA$150.0bCA$6.4b8.7x21.4x0.9x
Fri, 08 Dec 2023CA$129.2bCA$152.1bCA$6.5b8.1x19.9x0.8x
Sun, 05 Nov 2023CA$121.0bCA$148.1bCA$4.7b10.4x25.6x0.8x
Tue, 03 Oct 2023CA$117.0bCA$148.1bCA$4.7b10.4x24.9x0.8x
Thu, 31 Aug 2023CA$125.8bCA$146.7bCA$4.6b10.2x27.1x0.9x
Sat, 29 Jul 2023CA$128.3bCA$144.0bCA$5.5b10.1x23.2x0.9x
Mon, 26 Jun 2023CA$116.9bCA$143.8bCA$5.8b9.1x20.3x0.8x
Wed, 24 May 2023CA$118.7bCA$147.0bCA$5.9b8.5x20.2x0.8x
Fri, 21 Apr 2023CA$124.5bCA$144.9bCA$7.6b8.9x16.3x0.9x
Sun, 19 Mar 2023CA$112.2bCA$146.2bCA$6.8b9x16.6x0.8x
Tue, 14 Feb 2023CA$131.4bCA$142.0bCA$6.4b11.6x20.5x0.9x
Thu, 12 Jan 2023CA$123.3bCA$139.7bCA$8.6b10.4x14.4x0.9x
Sat, 10 Dec 2022CA$142.2bCA$137.0bCA$5.9b10.9x24.1x1x
Mon, 07 Nov 2022CA$116.2bCA$131.1bCA$8.0b11.2x14.6x0.9x
Wed, 05 Oct 2022CA$125.1bCA$131.5bCA$8.1b8.3x15.4x1x
Fri, 02 Sep 2022CA$128.5bCA$128.1bCA$7.9b8.3x16.2x1x
Sun, 31 Jul 2022CA$132.6bCA$123.8bCA$8.9b7.2x14.8x1.1x
Tue, 28 Jun 2022CA$124.4bCA$124.1bCA$8.8b8.7x14.1x1x
Thu, 26 May 2022CA$128.5bCA$123.7bCA$8.9b8.9x14.5x1x
Sat, 23 Apr 2022CA$143.2bCA$117.6bCA$9.9b9.8x14.5x1.2x
Mon, 21 Mar 2022CA$154.7bCA$114.4bCA$10.4b10.6x14.9x1.4x
Wed, 16 Feb 2022CA$157.4bCA$115.3bCA$10.6b10.7x14.8x1.4x
Fri, 14 Jan 2022CA$161.7bCA$107.1bCA$10.0b9.6x16.2x1.5x
Sun, 12 Dec 2021CA$164.6bCA$108.9bCA$10.1b8.7x16.3x1.5x
Tue, 09 Nov 2021CA$175.2bCA$102.1bCA$8.9b7.5x19.7x1.7x
Thu, 07 Oct 2021CA$152.9bCA$103.6bCA$9.1b6.7x16.9x1.5x
Sat, 04 Sep 2021CA$150.0bCA$101.8bCA$8.6b6.7x17.4x1.5x
Mon, 02 Aug 2021CA$140.0bCA$101.8bCA$8.6b6.1x16.2x1.4x
Price to Earnings Ratio

15.4x


Total Market Cap: CA$133.2bTotal Earnings: CA$8.6bTotal Revenue: CA$101.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Asset Management Industry Price to Earnings3Y Average 18.7x202220232024
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 29.8x which is higher than its 3-year average PE of 18.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks industry have declined 17% per year over the last three years.
  • Meanwhile revenues for these companies have grown 13% 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, which has decreased profits.

Industry Comparison

How does Canadian Asset Management compare with similar industries?

CA Market-0.38%
Financials-0.45%
Capital Markets-0.33%
Asset Management-0.45%
Financial Exchanges and Data1.64%
Diversified Capital Markets0%
Investment Banking and Brokerage-2.85%
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$38.223.6%
+CA$317.7m
-2.6%PE11.8x
FIH.U Fairfax India HoldingsUS$15.158.6%
+US$162.2m
13.7%PE15.3x
FSZ Fiera CapitalCA$7.246.6%
+CA$47.8m
14.6%PE11.2x
SII SprottCA$58.333.1%
+CA$44.7m
38.8%PE23.7x
GLXY Galaxy Digital HoldingsCA$15.402.0%
+CA$37.1m
199.6%PE2.9x
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Latest News

BN

CA$55.62

Brookfield

7D

-1.1%

1Y

34.6%

CIX

CA$14.20

CI Financial

7D

-0.8%

1Y

-2.1%

GCG.A

CA$43.40

Guardian Capital Group

7D

1.6%

1Y

4.0%

DEFI

CA$1.86

DeFi Technologies

7D

-36.5%

1Y

1,857.9%

SII

CA$58.33

Sprott

7D

3.1%

1Y

38.8%

GLXY

CA$15.40

Galaxy Digital Holdings

7D

2.0%

1Y

199.6%

OLY

CA$93.35

Olympia Financial Group

7D

-4.7%

1Y

25.1%

AGF.B

CA$8.49

AGF Management

7D

2.5%

1Y

14.0%

BAM

CA$52.04

Brookfield Asset Management

7D

-0.3%

1Y

24.6%

FIH.U

US$15.15

Fairfax India Holdings

7D

8.6%

1Y

13.7%

GPK

CA$0.16

Grand Peak Capital

7D

-20.0%

1Y

n/a

CKI

CA$16.24

Clarke

7D

-7.7%

1Y

24.7%

SEC

CA$340.00

Senvest Capital

7D

3.0%

1Y

6.6%

ONEX

CA$93.48

Onex

7D

-0.9%

1Y

33.4%

FSZ

CA$7.24

Fiera Capital

7D

6.6%

1Y

14.6%