Narrative Update • Aug 09

The Specialized Finance industry is up 2.8% in the last week, with HA Sustainable Infrastructure Capital up 5.2%. During this same period, the Bladex underperformed, falling 6.4%. In the last 12 months, the industry was up 7.0%. As for the next few years, earnings are expected to grow by 30% per annum.
Has the U.S. Specialized Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 11 Aug 2026 | US$9.3b | US$967.9m | -US$127,946,800.85 | 6.9x | -72.8x | 9.6x |
| Thu, 09 Jul 2026 | US$9.9b | US$854.4m | -US$145,299,709.39 | 9.4x | -68.1x | 11.6x |
| Sat, 06 Jun 2026 | US$8.9b | US$993.8m | -US$145,612,237.00 | 9.3x | -61.3x | 9x |
| Mon, 04 May 2026 | US$10.3b | US$1.5b | US$60.2m | 18.2x | 170.2x | 7.1x |
| Wed, 01 Apr 2026 | US$8.9b | US$1.4b | -US$12,702,192.85 | 15.8x | -702.9x | 6.4x |
| Fri, 27 Feb 2026 | US$10.4b | US$1.5b | US$241.7m | 15.1x | 43.2x | 6.9x |
| Sun, 25 Jan 2026 | US$10.6b | US$1.5b | US$346.8m | 11.6x | 30.5x | 7x |
| Tue, 23 Dec 2025 | US$10.6b | US$1.5b | US$347.5m | 11.4x | 30.5x | 7x |
| Thu, 20 Nov 2025 | US$9.8b | US$1.5b | US$408.2m | 11.2x | 24.1x | 6.6x |
| Sat, 18 Oct 2025 | US$10.2b | US$1.4b | US$480.1m | 10.7x | 21.3x | 7.3x |
| Mon, 15 Sep 2025 | US$10.2b | US$1.5b | US$524.3m | 10.9x | 19.4x | 6.9x |
| Wed, 13 Aug 2025 | US$9.5b | US$1.4b | US$561.9m | 14.2x | 16.9x | 6.6x |
| Fri, 11 Jul 2025 | US$9.1b | US$1.5b | US$464.5m | 12.9x | 19.6x | 6x |
| Sun, 08 Jun 2025 | US$8.6b | US$1.5b | US$464.5m | 12x | 18.4x | 5.6x |
| Tue, 06 May 2025 | US$5.5b | US$800.0m | US$321.9m | 12.3x | 17x | 6.8x |
| Thu, 03 Apr 2025 | US$5.7b | US$780.7m | US$373.6m | 9x | 15.3x | 7.3x |
| Sat, 01 Mar 2025 | US$5.8b | US$1.0b | US$431.1m | 8.5x | 13.6x | 5.6x |
| Mon, 27 Jan 2025 | US$5.6b | US$1.0b | US$449.2m | 8.8x | 12.6x | 5.4x |
| Wed, 25 Dec 2024 | US$5.7b | US$1.0b | US$449.2m | 9.1x | 12.8x | 5.5x |
| Fri, 22 Nov 2024 | US$5.7b | US$977.5m | US$475.0m | 9.1x | 11.9x | 5.8x |
| Sun, 20 Oct 2024 | US$6.4b | US$966.5m | US$553.2m | 7.1x | 11.6x | 6.6x |
| Tue, 17 Sep 2024 | US$6.2b | US$966.5m | US$553.2m | 7.3x | 11.3x | 6.5x |
| Thu, 15 Aug 2024 | US$5.7b | US$970.2m | US$533.6m | 6.6x | 10.8x | 5.9x |
| Sat, 13 Jul 2024 | US$6.0b | US$927.5m | US$493.3m | 8.8x | 12.2x | 6.5x |
| Mon, 10 Jun 2024 | US$2.9b | US$11.1b | US$327.1m | 8x | 9x | 0.3x |
| Wed, 08 May 2024 | US$3.2b | US$10.8b | US$322.8m | 8.4x | 9.9x | 0.3x |
| Fri, 05 Apr 2024 | US$3.0b | US$10.7b | US$300.1m | 7.3x | 9.9x | 0.3x |
| Sun, 03 Mar 2024 | US$2.6b | US$10.6b | US$134.6m | 6.4x | 19.5x | 0.2x |
| Tue, 30 Jan 2024 | US$2.6b | US$10.5b | US$141.5m | 6.1x | 18.1x | 0.2x |
| Thu, 28 Dec 2023 | US$2.7b | US$10.5b | US$141.5m | 6x | 19.2x | 0.3x |
| Sat, 25 Nov 2023 | US$2.6b | US$10.4b | US$147.0m | 6.1x | 17.8x | 0.3x |
| Mon, 23 Oct 2023 | US$2.5b | US$9.8b | US$184.9m | 7.4x | 13.5x | 0.3x |
| Wed, 20 Sep 2023 | US$2.7b | US$9.8b | US$165.5m | 7.9x | 16.5x | 0.3x |
| Fri, 18 Aug 2023 | US$2.8b | US$8.8b | US$160.4m | 7.9x | 17.4x | 0.3x |
17.4x
How does U.S. Specialized Finance compare with similar industries?
| US Market | 2.74% | |
| Financials | 0.52% | |
| Diversified Financial | 0.19% | |
| Specialized Finance | 2.79% | |
| Multi-Sector Holdings | 1.54% | |
| Other Diversified Financial Services | 1.33% | |
| Transaction and Payment Processing Services | -1.05% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HASI HA Sustainable Infrastructure Capital | US$40.57 | 5.2% +US$260.2m | 58.1% | PE61.8x | |
| ACTG Acacia Research | US$4.77 | 3.0% +US$18.3m | 45.0% | PS1.7x | |
| BUR Burford Capital | US$4.28 | 0.7% +US$6.6m | -68.2% | PB1.1x | |
| DXF Eason Technology | US$0.49 | 8.1% +US$119.1k | -88.3% | PS1.4x |