Investors Appear Satisfied With CMC Markets Plc's (LON:CMCX) Prospects As Shares Rocket 25%
Jul 16
U.K. (FTSE) Capital Markets Industry Analysis
UpdatedJul 16, 2024
DataAggregated Company Financials
Companies170
- 7D1.9%
- 3M9.1%
- 1Y17.6%
- YTD11.2%
The Capital Markets industry is up 1.9% in the last week, with London Stock Exchange Group up 2.2%. During this same period, the Impax Asset Management Group underperformed, falling 6.1%. This means that the industry has gained 18% over the past year. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the U.K. Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Jul 2024 | UK£151.0b | UK£53.9b | UK£8.6b | 15.6x | 17.6x | 2.8x |
| Thu, 13 Jun 2024 | UK£147.0b | UK£54.0b | UK£8.4b | 16.3x | 17.5x | 2.7x |
| Sat, 11 May 2024 | UK£141.8b | UK£53.2b | UK£8.1b | 16.1x | 17.4x | 2.7x |
| Mon, 08 Apr 2024 | UK£138.9b | UK£53.8b | UK£8.7b | 15.5x | 16x | 2.6x |
| Wed, 06 Mar 2024 | UK£134.3b | UK£54.2b | UK£8.6b | 15.7x | 15.6x | 2.5x |
| Fri, 02 Feb 2024 | UK£136.3b | UK£48.6b | UK£8.7b | 14.8x | 15.7x | 2.8x |
| Sun, 31 Dec 2023 | UK£140.6b | UK£48.6b | UK£8.8b | 15.3x | 16.1x | 2.9x |
| Tue, 28 Nov 2023 | UK£132.1b | UK£48.6b | UK£8.8b | 14x | 15x | 2.7x |
| Thu, 26 Oct 2023 | UK£122.6b | UK£48.7b | UK£8.8b | 12.3x | 13.9x | 2.5x |
| Sat, 23 Sep 2023 | UK£128.8b | UK£48.8b | UK£8.9b | 14.2x | 14.5x | 2.6x |
| Mon, 21 Aug 2023 | UK£122.7b | UK£48.7b | UK£8.9b | 13.7x | 13.7x | 2.5x |
| Wed, 19 Jul 2023 | UK£121.8b | UK£33.2b | UK£8.8b | 13.9x | 13.9x | 3.7x |
| Fri, 16 Jun 2023 | UK£132.0b | UK£30.2b | UK£8.9b | 14.4x | 14.8x | 4.4x |
| Sun, 14 May 2023 | UK£128.9b | UK£30.6b | UK£9.3b | 14.4x | 13.8x | 4.2x |
| Tue, 11 Apr 2023 | UK£123.5b | UK£29.5b | UK£8.2b | 14.6x | 15.1x | 4.2x |
| Thu, 09 Mar 2023 | UK£127.3b | UK£30.2b | UK£8.6b | 14.9x | 14.8x | 4.2x |
| Sat, 04 Feb 2023 | UK£129.9b | UK£30.2b | UK£9.9b | 14.5x | 13.1x | 4.3x |
| Mon, 02 Jan 2023 | UK£118.2b | UK£30.1b | UK£9.9b | 13.7x | 12x | 3.9x |
| Wed, 30 Nov 2022 | UK£119.6b | UK£30.4b | UK£10.0b | 13.5x | 11.9x | 3.9x |
| Fri, 28 Oct 2022 | UK£112.1b | UK£31.5b | UK£11.4b | 11.2x | 9.9x | 3.6x |
| Sun, 25 Sep 2022 | UK£110.7b | UK£31.6b | UK£11.4b | 11x | 9.7x | 3.5x |
| Tue, 23 Aug 2022 | UK£124.4b | UK£31.3b | UK£11.5b | 9.9x | 10.8x | 4x |
| Thu, 21 Jul 2022 | UK£131.6b | UK£55.0b | UK£13.5b | 9.2x | 9.7x | 2.4x |
| Sat, 18 Jun 2022 | UK£125.4b | UK£54.6b | UK£13.4b | 9x | 9.4x | 2.3x |
| Mon, 16 May 2022 | UK£133.3b | UK£54.2b | UK£13.0b | 9.5x | 10.3x | 2.5x |
| Wed, 13 Apr 2022 | UK£146.2b | UK£52.5b | UK£11.6b | 9.7x | 12.6x | 2.8x |
| Fri, 11 Mar 2022 | UK£137.4b | UK£51.9b | UK£11.4b | 9.7x | 12.1x | 2.6x |
| Sun, 06 Feb 2022 | UK£143.8b | UK£60.0b | UK£12.2b | 10.8x | 11.8x | 2.4x |
| Tue, 04 Jan 2022 | UK£152.4b | UK£59.8b | UK£12.2b | 11.3x | 12.5x | 2.5x |
| Thu, 02 Dec 2021 | UK£145.8b | UK£59.6b | UK£12.1b | 12.3x | 12.1x | 2.4x |
| Sat, 30 Oct 2021 | UK£151.8b | UK£58.5b | UK£11.0b | 13.2x | 13.8x | 2.6x |
| Mon, 27 Sep 2021 | UK£150.2b | UK£58.3b | UK£10.7b | 13.6x | 14.1x | 2.6x |
| Wed, 25 Aug 2021 | UK£156.5b | UK£58.6b | UK£10.9b | 14.5x | 14.4x | 2.7x |
Price to Earnings Ratio
14x
Current Industry PE
- Investors are optimistic on the British Capital Markets industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.6x which is higher than its 3-year average PE of 14.2x.
- The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have declined 7.6% per year over the last three years,
- Revenues have also declined 2.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the U.K. Financials industry?
| GB Market | 0.18% | |
| Financials | 0.20% | |
| Capital Markets | 1.88% | |
| Financial Exchanges and Data | 2.31% | |
| Asset Management | 1.67% | |
| Investment Banking and Brokerage | 1.66% | |
| Diversified Capital Markets | 0% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry, which is trading close to its 3-year average PE ratio of 70.4x.
- Analysts are expecting annual earnings growth of 17.3%, which is higher than its past year's earnings growth of 11.1% per year.
- Investors are most pessimistic about the Asset Management industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.7x.
Forecasted Growth
- Analysts are most optimistic on the Financial Exchanges and Data industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the Investment Banking and Brokerage industry is expected to see its earnings grow by 12% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| III 3i Group | UK£30.67 | 4.4% +UK£1.2b | 58.8% | PE7.7x | |
| LSEG London Stock Exchange Group | UK£94.82 | 2.2% +UK£1.1b | 14.2% | PE66x | |
| BPT Bridgepoint Group | UK£2.54 | 7.3% +UK£137.6m | 26.3% | PE28.5x | |
| SDR Schroders | UK£3.82 | 2.2% +UK£129.3m | -12.6% | PE15.5x | |
| ICG Intermediate Capital Group | UK£22.38 | 1.6% +UK£103.2m | 57.6% | PE13.7x |
