IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.56
The board of IGM Financial Inc. ( TSE:IGM ) has announced that it will pay a dividend on the 29th of July, with...
Canadian (TSX) Asset Management Industry Analysis
UpdatedMay 26, 2022
DataAggregated Company Financials
Companies191
- 7D1.5%
- 3M-13.4%
- 1Y-6.2%
- YTD-23.5%
In the last week, the Asset Management industry is up 1.5%, with Brookfield Asset Management up 3.9%. However, the industry is down 6.2% over the past year. Earnings are forecast to grow by 5.7% annually.
Industry Valuation and Performance
Has the Canadian Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | CA$128.5b | CA$123.7b | CA$8.9b | 8.9x |
| Mon, 25 Apr 2022 | CA$142.9b | CA$117.6b | CA$9.9b | 9.8x |
| Wed, 23 Mar 2022 | CA$155.5b | CA$113.8b | CA$10.1b | 11.2x |
| Fri, 18 Feb 2022 | CA$152.6b | CA$114.8b | CA$10.6b | 10.9x |
| Sun, 16 Jan 2022 | CA$159.4b | CA$108.0b | CA$10.3b | 9.3x |
| Tue, 14 Dec 2021 | CA$164.3b | CA$109.6b | CA$10.2b | 8.8x |
| Thu, 11 Nov 2021 | CA$175.8b | CA$102.0b | CA$8.9b | 7.8x |
| Sat, 09 Oct 2021 | CA$155.9b | CA$102.4b | CA$9.0b | 6.9x |
| Mon, 06 Sep 2021 | CA$152.6b | CA$101.8b | CA$9.0b | 6.9x |
| Wed, 04 Aug 2021 | CA$142.7b | CA$101.8b | CA$8.6b | 6.5x |
| Sat, 08 May 2021 | CA$119.8b | CA$95.0b | CA$7.4b | 3.7x |
| Tue, 09 Feb 2021 | CA$103.7b | CA$89.7b | CA$2.4b | 7x |
| Mon, 02 Nov 2020 | CA$84.1b | CA$93.4b | CA$1.7b | 9x |
| Thu, 06 Aug 2020 | CA$91.9b | CA$97.2b | CA$2.2b | 7.7x |
| Sun, 10 May 2020 | CA$89.7b | CA$109.9b | CA$3.6b | 11.1x |
| Sat, 01 Feb 2020 | CA$115.5b | CA$102.3b | CA$10.6b | 8.9x |
| Tue, 05 Nov 2019 | CA$104.0b | CA$108.1b | CA$12.0b | 10.5x |
| Fri, 09 Aug 2019 | CA$93.0b | CA$110.4b | CA$10.2b | 10.6x |
Median PE Ratio
10.2x
Current Industry PE
- Investors are relatively neutral on the 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 8.6x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have declined 4.6% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.8% 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 | 1.68% | |
| Financials | 1.64% | |
| Capital Markets | 1.43% | |
| Asset Management | 1.54% | |
| Financial Exchanges and Data | 0.037% | |
| Diversified Capital Markets | 0% | |
| Investment Banking and Brokerage | -0.80% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BAM.A Brookfield Asset Management | CA$64.29 | 6.4% +CA$6.0b | 6.5% | PS20.2x | |
| IGM IGM Financial | CA$38.28 | 4.3% +CA$375.8m | -13.9% | PS9.2x | |
| ONEX Onex | CA$75.29 | 4.9% +CA$304.5m | -14.9% | PS4.4x | |
| CIX CI Financial | CA$15.85 | 8.0% +CA$229.0m | -29.3% | PS7.3x | |
| FSZ Fiera Capital | CA$9.71 | 5.0% +CA$47.2m | -6.6% | PS18.2x |