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Canadian (TSX) Asset Management Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies207
  • 7D0.7%
  • 3M11.9%
  • 1Y32.0%
  • YTDn/a

In the last week, the Asset Management industry is flat overall, with Galaxy Digital Holdings standing out by going down 6.8%. As for the the longer term, the industry is up 29% over the past 12 months. As for the next few years, earnings are expected to grow by 39% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024CA$163.9bCA$147.1bCA$5.0b8.9x32.6x1.1x
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

16.2x


Total Market Cap: CA$140.0bTotal Earnings: CA$8.6bTotal Revenue: CA$101.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Asset Management Industry Price to Earnings3Y Average 19.1x202220232024
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 33.3x which is higher than its 3-year average PE of 19.1x.
  • 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-0.31%
Financials-0.077%
Capital Markets0.73%
Asset Management0.74%
Financial Exchanges and Data0.85%
Diversified Capital Markets0%
Investment Banking and Brokerage-2.25%
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
BN BrookfieldCA$64.041.1%
+CA$1.1b
39.0%PE76.1x
IGM IGM FinancialCA$39.042.6%
+CA$234.4m
-5.2%PE12x
BAM Brookfield Asset ManagementCA$57.350.8%
+CA$193.1m
29.1%PE40.7x
PVF.UN Partners Value InvestmentsCA$92.002.2%
+CA$139.7m
26.0%PE189.5x
CIX CI FinancialCA$16.713.8%
+CA$86.9m
1.3%PS0.7x
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Latest News

CKI

CA$25.38

Clarke

7D

8.0%

1Y

88.7%

FSZ

CA$8.81

Fiera Capital

7D

5.4%

1Y

34.7%

SII

CA$61.17

Sprott

7D

-2.0%

1Y

44.2%

CIX

CA$16.71

CI Financial

7D

3.8%

1Y

1.3%

CVG

CA$74.59

Clairvest Group

7D

2.4%

1Y

-13.2%

GLXY

CA$15.47

Galaxy Digital Holdings

7D

-6.8%

1Y

153.2%

BN

CA$64.04

Brookfield

7D

1.1%

1Y

39.0%

OLY

CA$92.06

Olympia Financial Group

7D

-7.5%

1Y

21.9%

BAM

CA$57.35

Brookfield Asset Management

7D

0.8%

1Y

29.1%

GCG.A

CA$43.04

Guardian Capital Group

7D

-1.6%

1Y

5.5%

SEC

CA$330.00

Senvest Capital

7D

-1.2%

1Y

0.8%

DEFI

CA$2.06

DeFi Technologies

7D

-1.4%

1Y

1,548.0%

FIH.U

US$14.10

Fairfax India Holdings

7D

-3.4%

1Y

-0.7%

PVF.UN

CA$92.00

Partners Value Investments

7D

2.2%

1Y

26.0%

WED

CA$3.99

Westaim

7D

-1.2%

1Y

12.1%