Brazilian (BOVESPA) Asset Management Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies9
- 7D1.5%
- 3M6.1%
- 1Y-4.8%
- YTDn/a
In the last week, the Asset Management industry is flat overall, with Bahema Educação standing out by going down 3.2%. Unfortunately though, the industry is down 6.0% over the past 12 months.
Industry Valuation and Performance
Has the Brazilian Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | R$1.3b | R$1.0b | R$130.7m | 2.5x | 9.7x | 1.3x |
| Mon, 15 Apr 2024 | R$1.3b | R$922.5m | -R$7,588,000.00 | 6.4x | -166.9x | 1.4x |
| Wed, 13 Mar 2024 | R$984.1m | R$485.6m | -R$725,000.00 | 2.9x | -1357.4x | 2x |
| Fri, 09 Feb 2024 | R$1.0b | R$485.8m | -R$3,735,000.00 | 3.4x | -269x | 2.1x |
| Sun, 07 Jan 2024 | R$1.1b | R$485.8m | -R$3,735,000.00 | 4.2x | -293.6x | 2.3x |
| Tue, 05 Dec 2023 | R$1.0b | R$485.8m | -R$3,735,000.00 | 3.9x | -278.5x | 2.1x |
| Thu, 02 Nov 2023 | R$1.1b | R$489.7m | -R$2,337,000.00 | 3.6x | -475.9x | 2.3x |
| Sat, 30 Sep 2023 | R$1.2b | R$489.7m | -R$2,337,000.00 | 3.6x | -518.3x | 2.5x |
| Mon, 28 Aug 2023 | R$1.2b | R$489.7m | -R$2,337,000.00 | 4.4x | -510.9x | 2.4x |
| Wed, 26 Jul 2023 | R$1.0b | R$381.4m | -R$98,923,000.00 | 4.8x | -10.3x | 2.7x |
| Fri, 23 Jun 2023 | R$936.8m | R$381.4m | -R$98,923,000.00 | 4.7x | -9.5x | 2.5x |
| Sun, 21 May 2023 | R$947.6m | R$381.9m | -R$98,635,000.00 | 4.6x | -9.6x | 2.5x |
| Tue, 18 Apr 2023 | R$947.5m | R$378.9m | -R$99,219,000.00 | 5x | -9.5x | 2.5x |
| Thu, 16 Mar 2023 | R$790.9m | R$356.0m | -R$81,506,000.00 | 4.1x | -9.7x | 2.2x |
| Sat, 11 Feb 2023 | R$876.9m | R$356.3m | -R$78,020,000.00 | 2.4x | -11.2x | 2.5x |
| Mon, 09 Jan 2023 | R$868.5m | R$356.3m | -R$78,020,000.00 | 2.7x | -11.1x | 2.4x |
| Wed, 07 Dec 2022 | R$907.4m | R$356.3m | -R$80,717,000.00 | 2x | -11.2x | 2.5x |
| Fri, 04 Nov 2022 | R$1.4b | R$512.3m | R$42.2m | 3x | 32.9x | 2.7x |
| Sun, 02 Oct 2022 | R$1.2b | R$512.3m | R$42.2m | 2.6x | 29.2x | 2.4x |
| Tue, 30 Aug 2022 | R$1.2b | R$880.5m | R$432.9m | 0.7x | 2.8x | 1.4x |
| Thu, 28 Jul 2022 | R$1.4b | R$2.1b | R$1.2b | 0.5x | 1.2x | 0.7x |
| Sat, 25 Jun 2022 | R$1.5b | R$2.0b | R$1.2b | 0.6x | 1.3x | 0.8x |
| Mon, 23 May 2022 | R$1.6b | R$1.5b | R$919.1m | 0.9x | 1.8x | 1.1x |
| Wed, 20 Apr 2022 | R$1.8b | R$1.5b | R$899.8m | 1.1x | 2.1x | 1.2x |
| Fri, 18 Mar 2022 | R$1.7b | R$1.5b | R$680.4m | 0.6x | 2.5x | 1.2x |
| Sun, 13 Feb 2022 | R$1.8b | R$1.5b | R$700.8m | 0.6x | 2.5x | 1.2x |
| Tue, 11 Jan 2022 | R$1.4b | R$1.6b | R$769.8m | 0.6x | 1.8x | 0.9x |
| Thu, 09 Dec 2021 | R$1.5b | R$1.6b | R$748.9m | 0.7x | 2x | 1x |
| Sat, 06 Nov 2021 | R$1.7b | R$848.4m | R$187.6m | 3.4x | 9.2x | 2x |
| Mon, 04 Oct 2021 | R$1.7b | R$831.4m | R$181.4m | 3.3x | 9.1x | 2x |
| Wed, 01 Sep 2021 | R$2.1b | R$1.1b | R$192.0m | 11.4x | 10.8x | 1.9x |
| Thu, 08 Jul 2021 | R$2.1b | R$1.1b | R$192.0m | 11.9x | 11.1x | 1.9x |
Price to Earnings Ratio
32.5x
Current Industry PE
- Investors are pessimistic on the Brazilian 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 24.7x which is higher than its 3-year average PE of -120x.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have declined 8.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.2% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Brazilian Asset Management compare with similar industries?
| BR Market | 0.32% | |
| Financials | 1.80% | |
| Capital Markets | 4.50% | |
| Asset Management | 1.51% | |
| Diversified Capital Markets | 4.56% | |
| Financial Exchanges and Data | 4.37% | |
| Investment Banking and Brokerage | 4.33% | |
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 | |
|---|---|---|---|---|---|
| GPIV33 GP Investments | R$4.10 | 3.8% +R$11.7m | 49.1% | PE2.5x | |
| BTAL11 FII Btg Pactual Agro Logistica | R$71.60 | 2.4% +R$10.1m | -21.0% | n/a | |
| G2DI33 G2D Investments | R$2.16 | 2.9% +R$6.9m | 9.6% | PB0.3x | |
| PDTC3 Padtec Holding | R$2.19 | 1.4% +R$2.4m | -11.7% | PE897.1x | |
| PABY11 Fundo de Investimento Imobiliário Panamby | R$16.42 | 9.4% +R$1.1m | 36.8% | n/a |