Azimut Holding's (BIT:AZM) Dividend Will Be Increased To €1.40
Mar 14
Italian (Borsa Italiana) Asset Management Industry Analysis
UpdatedMay 04, 2024
DataAggregated Company Financials
Companies14
- 7D0.9%
- 3M0.9%
- 1Y18.4%
- YTDn/a
In the last week, the Asset Management industry is up 1.2%, with Banca Generali up 1.7%. In the last 12 months, the industry was up 20%. Earnings are forecast to grow by 3.4% annually.
Industry Valuation and Performance
Has the Italian Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 04 May 2024 | €11.1b | €3.3b | €1.0b | 11.1x | 10.8x | 3.3x |
| Mon, 01 Apr 2024 | €11.3b | €3.2b | €1.0b | 9.4x | 11x | 3.5x |
| Wed, 28 Feb 2024 | €10.9b | €3.4b | €948.6m | 12.1x | 11.5x | 3.2x |
| Fri, 26 Jan 2024 | €11.8b | €3.5b | €908.2m | 12.9x | 13x | 3.3x |
| Sun, 24 Dec 2023 | €11.2b | €3.5b | €908.2m | 12.5x | 12.4x | 3.2x |
| Tue, 21 Nov 2023 | €10.9b | €3.6b | €943.7m | 12.3x | 11.6x | 3.1x |
| Thu, 19 Oct 2023 | €10.3b | €3.5b | €949.8m | 11.3x | 10.8x | 3x |
| Sat, 16 Sep 2023 | €10.8b | €3.4b | €928.5m | 13.8x | 11.7x | 3.2x |
| Mon, 14 Aug 2023 | €10.5b | €3.4b | €933.8m | 14.3x | 11.3x | 3.1x |
| Wed, 12 Jul 2023 | €10.1b | €3.4b | €908.4m | 14.9x | 11.1x | 3x |
| Fri, 09 Jun 2023 | €10.1b | €3.4b | €908.4m | 14.7x | 11.1x | 3x |
| Sun, 07 May 2023 | €10.2b | €3.4b | €878.7m | 15.1x | 11.6x | 3x |
| Tue, 04 Apr 2023 | €10.0b | €3.2b | €878.8m | 14.8x | 11.3x | 3.2x |
| Thu, 02 Mar 2023 | €10.7b | €3.7b | €1.1b | 11x | 10x | 2.9x |
| Sat, 28 Jan 2023 | €10.9b | €3.7b | €1.1b | 10.3x | 10x | 3x |
| Mon, 26 Dec 2022 | €10.2b | €3.7b | €1.1b | 9.5x | 9.4x | 2.7x |
| Wed, 23 Nov 2022 | €10.1b | €3.7b | €985.5m | 18.4x | 10.3x | 2.7x |
| Fri, 21 Oct 2022 | €8.7b | €3.9b | €1.1b | 12.3x | 8.1x | 2.2x |
| Sun, 18 Sep 2022 | €8.8b | €3.9b | €1.1b | 10.9x | 8.1x | 2.3x |
| Tue, 16 Aug 2022 | €9.5b | €3.9b | €1.1b | 11.9x | 8.7x | 2.4x |
| Thu, 14 Jul 2022 | €8.9b | €3.9b | €1.2b | 11.8x | 7.7x | 2.3x |
| Sat, 11 Jun 2022 | €9.3b | €3.9b | €1.2b | 12.4x | 8.1x | 2.4x |
| Mon, 09 May 2022 | €10.3b | €3.7b | €1.2b | 10.8x | 8.4x | 2.8x |
| Wed, 06 Apr 2022 | €11.0b | €3.8b | €1.3b | 8.3x | 8.6x | 2.9x |
| Fri, 04 Mar 2022 | €10.3b | €3.7b | €1.1b | 7.2x | 9.1x | 2.8x |
| Sun, 30 Jan 2022 | €11.5b | €3.7b | €1.1b | 11x | 10.1x | 3.1x |
| Tue, 28 Dec 2021 | €12.3b | €3.7b | €1.1b | 10.4x | 10.7x | 3.3x |
| Thu, 25 Nov 2021 | €12.3b | €3.7b | €1.1b | 10.1x | 10.7x | 3.3x |
| Sat, 23 Oct 2021 | €12.6b | €3.5b | €1.1b | 11.9x | 11.5x | 3.6x |
| Mon, 20 Sep 2021 | €12.1b | €3.5b | €1.1b | 13.3x | 11.2x | 3.4x |
| Wed, 18 Aug 2021 | €11.8b | €3.5b | €1.1b | 12.8x | 10.9x | 3.4x |
| Wed, 02 Jun 2021 | €10.6b | €3.3b | €964.4m | 10.5x | 11x | 3.2x |
Price to Earnings Ratio
11x
Current Industry PE
- Investors are relatively neutral on the Italian Asset Management and Custody Banks 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 10.4x.
- The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have grown 2.1% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Italian Asset Management compare with similar industries?
| IT Market | -1.71% | |
| Financials | -1.07% | |
| Capital Markets | 0.85% | |
| Asset Management | 0.87% | |
| Investment Banking and Brokerage | 0.66% | |
| Diversified Capital Markets | 0% | |
| Financial Exchanges and Data | -9.09% | |
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 | |
|---|---|---|---|---|---|
| BGN Banca Generali | €36.82 | 1.4% +€57.0m | 22.0% | PE12.9x | |
| AZM Azimut Holding | €24.80 | 0.8% +€26.3m | 23.2% | PE7.9x | |
| TIP Tamburi Investment Partners | €9.19 | 1.4% +€22.9m | 5.3% | PE17.8x | |
| AIM 4AIM SICAF | €262.70 | 4.2% +€531.2k | 52.7% | PB0.8x | |
| RFLTC RedFish LongTerm Capital | €1.43 | 1.4% +€382.5k | n/a | n/a |