HDFC Asset Management (NSE:HDFCAMC) Is Paying Out A Larger Dividend Than Last Year
May 21
Indian (NIFTY) Asset Management Industry Analysis
UpdatedMay 30, 2023
DataAggregated Company Financials
Companies107
- 7D4.0%
- 3M7.7%
- 1Y11.6%
- YTD-6.2%
The Asset Management industry is up 2.6% in the last week, with HDFC Asset Management up 4.8%. This takes the industry's 12 month performance to a gain of 13%. Earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Indian Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 30 May 2023 | ₹1.7t | ₹404.0b | ₹120.7b | 20.7x | 14.4x | 4.3x |
| Thu, 27 Apr 2023 | ₹1.6t | ₹385.1b | ₹120.5b | 20.3x | 13.5x | 4.2x |
| Sat, 25 Mar 2023 | ₹1.5t | ₹388.2b | ₹101.9b | 19.8x | 15.2x | 4x |
| Mon, 20 Feb 2023 | ₹1.7t | ₹381.6b | ₹101.2b | 20.3x | 16.4x | 4.3x |
| Wed, 18 Jan 2023 | ₹1.8t | ₹362.3b | ₹94.5b | 22.1x | 18.7x | 4.9x |
| Fri, 16 Dec 2022 | ₹1.8t | ₹362.0b | ₹94.5b | 23.3x | 19.1x | 5x |
| Sun, 13 Nov 2022 | ₹1.7t | ₹358.8b | ₹89.1b | 24.2x | 19.3x | 4.8x |
| Tue, 11 Oct 2022 | ₹1.7t | ₹344.6b | ₹92.6b | 24.8x | 18.1x | 4.9x |
| Thu, 08 Sep 2022 | ₹1.7t | ₹346.6b | ₹96.7b | 24.6x | 17.3x | 4.8x |
| Sat, 06 Aug 2022 | ₹1.6t | ₹328.5b | ₹90.8b | 22.2x | 17.4x | 4.8x |
| Mon, 04 Jul 2022 | ₹1.4t | ₹329.9b | ₹91.9b | 20.5x | 15.7x | 4.4x |
| Wed, 01 Jun 2022 | ₹1.5t | ₹315.1b | ₹85.0b | 16.1x | 17.9x | 4.8x |
| Fri, 29 Apr 2022 | ₹1.7t | ₹305.9b | ₹87.9b | 17.2x | 19x | 5.5x |
| Sun, 27 Mar 2022 | ₹1.7t | ₹306.7b | ₹88.5b | 17x | 19.3x | 5.6x |
| Tue, 22 Feb 2022 | ₹1.6t | ₹306.6b | ₹88.5b | 16.8x | 18.5x | 5.4x |
| Thu, 20 Jan 2022 | ₹1.8t | ₹304.5b | ₹83.4b | 18.1x | 22.1x | 6x |
| Sat, 18 Dec 2021 | ₹1.7t | ₹300.6b | ₹82.3b | 16.3x | 21.2x | 5.8x |
| Mon, 15 Nov 2021 | ₹1.9t | ₹292.6b | ₹82.2b | 15.4x | 23.3x | 6.6x |
| Wed, 13 Oct 2021 | ₹2.0t | ₹272.1b | ₹64.2b | 20.1x | 30.8x | 7.3x |
| Fri, 10 Sep 2021 | ₹1.9t | ₹275.8b | ₹64.5b | 20.4x | 28.7x | 6.7x |
| Sun, 08 Aug 2021 | ₹1.7t | ₹276.2b | ₹64.6b | 20x | 27x | 6.3x |
| Sat, 01 May 2021 | ₹1.4t | ₹246.4b | ₹54.7b | 16.7x | 25.8x | 5.7x |
| Tue, 02 Feb 2021 | ₹1.3t | ₹226.1b | ₹8.8b | 13.2x | 152.1x | 5.9x |
| Fri, 06 Nov 2020 | ₹1.1t | ₹217.6b | ₹1.0b | 16.7x | 1060.7x | 5x |
| Mon, 10 Aug 2020 | ₹1.0t | ₹205.5b | -₹2,369,498,760.00 | 18.5x | -441.7x | 5.1x |
Price to Earnings Ratio
371.6x
Current Industry PE
- Investors are pessimistic on the Indian 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 14.2x which is lower than its 3-year average PE of 46.4x.
- The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 4.3x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have grown 258% per year over the last three years.
- Revenues for these companies have grown 24% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Asset Management compare with similar industries?
| IN Market | 1.79% | |
| Financials | 1.52% | |
| Capital Markets | 3.32% | |
| Asset Management | 3.98% | |
| Investment Banking and Brokerage | 3.05% | |
| Financial Exchanges and Data | 2.21% | |
| Diversified Capital Markets | 0.79% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HDFCAMC HDFC Asset Management | ₹1.95k | 10.4% +₹39.4b | 2.9% | PE29.3x | |
| 539177 Authum Investment & Infrastructure | ₹297.20 | 38.0% +₹13.9b | 85.8% | PE2x | |
| IDFC IDFC | ₹99.15 | 8.5% +₹12.4b | 100.5% | PE23.6x | |
| NAM-INDIA Nippon Life India Asset Management | ₹245.75 | 4.4% +₹6.5b | -13.5% | PE21.2x | |
| 533095 Bengal & Assam | ₹4.75k | 9.3% +₹4.5b | 86.2% | PE6.3x |
