Positive Sentiment Still Eludes ALTUS SA (WSE:ALI) Following 27% Share Price Slump
Apr 26
Polish (WIG) Asset Management Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies23
- 7D-1.1%
- 3M9.2%
- 1Y15.2%
- YTDn/a
Over the last 7 days, the Asset Management industry has dropped 1.1%, driven by ALTUS declining 18%. Over the past 12 months, the industry was up 15%.
Industry Valuation and Performance
Has the Polish Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | zł2.7b | zł609.2m | zł294.5m | 6.9x | 9.1x | 4.4x |
| Sun, 24 Mar 2024 | zł2.5b | zł717.0m | zł381.9m | 13.7x | 6.6x | 3.5x |
| Tue, 20 Feb 2024 | zł2.5b | zł424.6m | zł116.1m | 21.5x | 21.2x | 5.8x |
| Thu, 18 Jan 2024 | zł3.0b | zł397.7m | zł117.3m | 25.1x | 25.2x | 7.4x |
| Sat, 16 Dec 2023 | zł3.0b | zł407.3m | zł115.5m | 25.5x | 26.2x | 7.4x |
| Mon, 13 Nov 2023 | zł2.6b | zł421.0m | zł91.1m | 17.3x | 28.3x | 6.1x |
| Wed, 11 Oct 2023 | zł2.6b | zł417.9m | zł102.4m | 17.7x | 25.3x | 6.2x |
| Fri, 08 Sep 2023 | zł2.8b | zł412.0m | zł24.9m | 24.7x | 113.3x | 6.8x |
| Sun, 06 Aug 2023 | zł2.9b | zł424.3m | zł30.5m | 28.8x | 94.5x | 6.8x |
| Tue, 04 Jul 2023 | zł2.9b | zł424.8m | zł32.4m | 26.7x | 88.2x | 6.7x |
| Thu, 01 Jun 2023 | zł2.7b | zł426.7m | zł35.1m | 22.6x | 77.8x | 6.4x |
| Sat, 29 Apr 2023 | zł2.7b | zł484.9m | zł35.1m | 20.9x | 76.9x | 5.6x |
| Mon, 27 Mar 2023 | zł2.6b | zł546.7m | zł85.9m | 17.1x | 30x | 4.7x |
| Wed, 22 Feb 2023 | zł2.6b | zł545.6m | zł75.6m | 19.3x | 35x | 4.8x |
| Fri, 20 Jan 2023 | zł2.7b | zł573.1m | zł76.8m | 18.8x | 35.7x | 4.8x |
| Sun, 18 Dec 2022 | zł2.5b | zł560.7m | zł69.1m | 19.3x | 36.7x | 4.5x |
| Tue, 15 Nov 2022 | zł2.6b | zł589.7m | zł92.3m | 11.9x | 28.3x | 4.4x |
| Thu, 13 Oct 2022 | zł2.6b | zł583.1m | zł93.3m | 11.4x | 28.3x | 4.5x |
| Sat, 10 Sep 2022 | zł2.6b | zł828.5m | zł441.8m | 11.2x | 5.8x | 3.1x |
| Mon, 08 Aug 2022 | zł2.7b | zł1.1b | zł671.0m | 21x | 4x | 2.5x |
| Wed, 06 Jul 2022 | zł2.7b | zł1.1b | zł671.6m | 20.3x | 4.1x | 2.5x |
| Fri, 03 Jun 2022 | zł3.0b | zł1.1b | zł665.5m | 30.4x | 4.6x | 2.8x |
| Sun, 01 May 2022 | zł7.5b | zł11.3b | zł2.7b | 15x | 2.7x | 0.7x |
| Tue, 29 Mar 2022 | zł2.8b | zł980.5m | zł623.9m | 14.1x | 4.5x | 2.8x |
| Thu, 24 Feb 2022 | zł2.8b | zł981.2m | zł626.4m | 17.6x | 4.5x | 2.9x |
| Sat, 22 Jan 2022 | zł3.0b | zł1.0b | zł637.0m | 14.6x | 4.8x | 3x |
| Mon, 20 Dec 2021 | zł3.0b | zł1.0b | zł637.3m | 13x | 4.6x | 2.9x |
| Wed, 17 Nov 2021 | zł3.3b | zł1.0b | zł618.9m | 10.1x | 5.3x | 3.2x |
| Fri, 15 Oct 2021 | zł3.3b | zł1.0b | zł602.7m | 10.5x | 5.5x | 3.3x |
| Sun, 12 Sep 2021 | zł3.4b | zł728.6m | zł191.4m | 9.9x | 17.6x | 4.6x |
| Tue, 10 Aug 2021 | zł3.2b | zł731.8m | zł200.6m | 10.9x | 16x | 4.4x |
| Mon, 03 May 2021 | zł3.3b | zł913.8m | zł212.5m | 17.2x | 15.8x | 3.7x |
Price to Earnings Ratio
15.8x
Current Industry PE
- Investors are pessimistic on the Polish 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 9.1x which is lower than its 3-year average PE of 40.7x.
- The 3-year average PS ratio of 12.8x is higher than the industry's current PS ratio of 4.4x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have grown 11% per year over the last three years.
- Meanwhile revenues for these companies have declined 13% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Polish Asset Management compare with similar industries?
| PL Market | -0.28% | |
| Financials | 0.35% | |
| Capital Markets | 0.57% | |
| Asset Management | -1.05% | |
| Financial Exchanges and Data | 2.38% | |
| Investment Banking and Brokerage | 0.71% | |
| Diversified Capital Markets | 0% | |
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 | |
|---|---|---|---|---|---|
| MCI MCI Capital Alternatywna Spólka Inwestycyjna | zł28.80 | 0.7% +zł10.5m | 37.8% | PE9.2x | |
| BPC Black Pearl | zł0.23 | 15.0% +zł7.4m | 2.7% | PS3358.8x | |
| PMG Polska Grupa Militarna Spólka Akcyjna | zł4.50 | 12.5% +zł6.5m | 268.9% | PS174.7x | |
| ERA Erato Energy | zł0.17 | 15.1% +zł4.0m | -39.7% | PS1.4x | |
| DEV Devo Energy | zł0.087 | 19.2% +zł988.0k | 1.2% | n/a |