Azimut Holding (BIT:AZM) Has Announced That It Will Be Increasing Its Dividend To €1.30
Azimut Holding S.p.A. ( BIT:AZM ) will increase its dividend on the 25th of May to €1.30. The announced payment will...
Italian (Borsa Italiana) Asset Management Industry Analysis
UpdatedJul 05, 2022
DataAggregated Company Financials
Companies17
- 7D-3.1%
- 3M-17.8%
- 1Y-19.8%
- YTD-27.8%
Over the last 7 days, the Asset Management industry has dropped 4.0%, driven by a pullback from Banca Generali of 3.8%. The industry has fallen 19% in the last year. Looking forward, earnings are forecast to grow by 5.2% annually.
Industry Valuation and Performance
Has the Italian Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 05 Jul 2022 | €9.0b | €3.9b | €1.2b | 12x |
| Thu, 02 Jun 2022 | €10.5b | €3.9b | €1.2b | 14.5x |
| Sat, 30 Apr 2022 | €10.8b | €3.7b | €1.3b | 10.9x |
| Mon, 28 Mar 2022 | €10.8b | €3.8b | €1.3b | 11.3x |
| Wed, 23 Feb 2022 | €11.4b | €3.7b | €1.1b | 8.4x |
| Fri, 21 Jan 2022 | €12.2b | €3.7b | €1.1b | 11.7x |
| Sun, 19 Dec 2021 | €12.1b | €3.7b | €1.1b | 10.3x |
| Tue, 16 Nov 2021 | €13.3b | €3.6b | €1.1b | 11.1x |
| Thu, 14 Oct 2021 | €11.9b | €3.5b | €1.1b | 11.1x |
| Sat, 11 Sep 2021 | €12.0b | €3.5b | €1.1b | 13.1x |
| Mon, 09 Aug 2021 | €11.5b | €3.5b | €1.1b | 12.5x |
| Sun, 02 May 2021 | €10.2b | €3.3b | €964.4m | 10.6x |
| Wed, 03 Feb 2021 | €8.6b | €3.1b | €828.7m | 13.3x |
| Sat, 07 Nov 2020 | €7.6b | €3.0b | €760.4m | 10.3x |
| Fri, 31 Jul 2020 | €8.1b | €3.0b | €775.1m | 15.7x |
| Mon, 04 May 2020 | €7.7b | €3.1b | €800.9m | 9.2x |
| Thu, 06 Feb 2020 | €10.0b | €3.1b | €832.0m | 43.9x |
| Sun, 10 Nov 2019 | €9.3b | €2.9b | €701.9m | 18.2x |
| Sat, 03 Aug 2019 | €8.4b | €2.7b | €617.0m | 13.6x |
Median PE Ratio
13.6x
Current Industry PE
- Investors are pessimistic on the 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 7.8x which is lower than its 3-year average PE of 10.8x.
- The industry's 3-year average PS ratio 3.0x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 12% 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 Italian Asset Management compare with similar industries?
| IT Market | -1.88% | |
| Financials | -4.26% | |
| Capital Markets | -3.01% | |
| Asset Management | -3.10% | |
| Diversified Capital Markets | 0% | |
| Investment Banking and Brokerage | -1.02% | |
| Financial Exchanges and Data | -6.44% | |
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 | |
|---|---|---|---|---|---|
| DM Digital Magics | €3.46 | 4.8% +€1.7m | -16.8% | PS12.9x | |
| TIP Tamburi Investment Partners | €7.37 | 0.1% +€1.7m | -14.4% | PE37.1x | |
| BFE Banca Finnat Euramerica | €0.31 | 0.6% +€668.1k | 11.1% | PE18.9x | |
| FIC First Capital | €20.10 | 0.5% +€269.6k | -8.6% | PE2.1x |