Why Investors Shouldn't Be Surprised By Titanium Oyj's (HEL:TITAN) 25% Share Price Plunge
Apr 21
Finnish (OMX) Asset Management Industry Analysis
UpdatedMay 15, 2024
DataAggregated Company Financials
Companies12
- 7D2.3%
- 3M-1.5%
- 1Y-16.1%
- YTDn/a
Over the last 7 days, the Asset Management industry has remained flat, although notably eQ Oyj gained 5.2%. Unfortunately though, the industry is down 18% over the past 12 months. Looking forward, earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the Finnish Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 15 May 2024 | €2.1b | €718.0m | €104.7m | 12.1x | 19.9x | 2.9x |
| Fri, 12 Apr 2024 | €2.1b | €705.1m | €81.9m | 15.5x | 25.2x | 2.9x |
| Sun, 10 Mar 2024 | €2.2b | €599.1m | €82.1m | 17.2x | 26.5x | 3.6x |
| Tue, 06 Feb 2024 | €2.1b | €619.2m | €73.4m | 17.4x | 29.1x | 3.4x |
| Thu, 04 Jan 2024 | €2.3b | €644.3m | €74.1m | 16.6x | 30.8x | 3.5x |
| Sat, 02 Dec 2023 | €2.1b | €644.3m | €74.1m | 16.2x | 28.6x | 3.3x |
| Mon, 30 Oct 2023 | €2.1b | €551.7m | €86.6m | 15.7x | 23.8x | 3.7x |
| Wed, 27 Sep 2023 | €2.3b | €550.7m | €92.8m | 16.5x | 25.1x | 4.2x |
| Fri, 25 Aug 2023 | €2.4b | €562.1m | €88.1m | 16.8x | 26.9x | 4.2x |
| Sun, 23 Jul 2023 | €2.3b | €492.2m | €100.1m | 15.3x | 23.4x | 4.8x |
| Tue, 20 Jun 2023 | €2.2b | €488.1m | €98.5m | 15.4x | 22.8x | 4.6x |
| Thu, 18 May 2023 | €2.3b | €488.4m | €98.5m | 15.8x | 23.4x | 4.7x |
| Sat, 15 Apr 2023 | €2.4b | €485.5m | €112.0m | 14.8x | 21.1x | 4.9x |
| Mon, 13 Mar 2023 | €2.5b | €485.9m | €112.0m | 16.8x | 22.2x | 5.1x |
| Wed, 08 Feb 2023 | €2.7b | €658.6m | €165.4m | 12.7x | 16.4x | 4.1x |
| Fri, 06 Jan 2023 | €2.5b | €658.1m | €178.7m | 10.9x | 14.3x | 3.9x |
| Sun, 04 Dec 2022 | €2.5b | €522.1m | €160.1m | 12.7x | 15.7x | 4.8x |
| Tue, 01 Nov 2022 | €2.3b | €410.1m | €118.8m | 12.2x | 19.2x | 5.6x |
| Thu, 29 Sep 2022 | €2.2b | €409.9m | €118.8m | 12.2x | 18.7x | 5.4x |
| Sat, 27 Aug 2022 | €2.4b | €393.5m | €126.9m | 14.4x | 19.2x | 6.2x |
| Mon, 25 Jul 2022 | €2.3b | €402.5m | €136.3m | 14.7x | 17.2x | 5.8x |
| Wed, 22 Jun 2022 | €2.3b | €402.5m | €136.3m | 15.7x | 16.8x | 5.7x |
| Fri, 20 May 2022 | €2.3b | €402.5m | €136.3m | 16x | 16.8x | 5.7x |
| Sun, 17 Apr 2022 | €2.4b | €400.0m | €133.8m | 14.8x | 17.8x | 6x |
| Tue, 15 Mar 2022 | €3.6b | €515.8m | €167.6m | 16.1x | 21.5x | 7x |
| Thu, 10 Feb 2022 | €3.7b | €511.4m | €172.5m | 14.6x | 21.4x | 7.2x |
| Sat, 08 Jan 2022 | €3.7b | €502.1m | €169.0m | 14.8x | 22.2x | 7.5x |
| Mon, 06 Dec 2021 | €3.1b | €502.1m | €169.0m | 13.3x | 18.3x | 6.2x |
| Wed, 03 Nov 2021 | €3.2b | €499.9m | €168.5m | 14.4x | 19x | 6.4x |
| Fri, 01 Oct 2021 | €2.9b | €479.6m | €153.9m | 15.5x | 18.9x | 6.1x |
| Sun, 29 Aug 2021 | €3.1b | €479.6m | €155.7m | 18.3x | 19.8x | 6.4x |
| Mon, 05 Jul 2021 | €2.7b | €479.6m | €155.7m | 14.3x | 17.5x | 5.7x |
Price to Earnings Ratio
17.6x
Current Industry PE
- Investors are relatively neutral on the Finnish 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 20.9x.
- The 3-year average PS ratio of 5.2x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have declined 8.8% per year over the last three years.
- Meanwhile revenues for these companies have grown 18% 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 Finnish Asset Management compare with similar industries?
| FI Market | 2.86% | |
| Financials | 3.15% | |
| Capital Markets | 1.85% | |
| Asset Management | 2.26% | |
| Financial Exchanges and Data | 0% | |
| Investment Banking and Brokerage | 0% | |
| Diversified Capital Markets | -2.60% | |
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 | |
|---|---|---|---|---|---|
| EQV1V eQ Oyj | €15.00 | 7.5% +€43.3m | -21.1% | PE20.2x | |
| EVLI Evli Oyj | €19.50 | 2.6% +€13.2m | 6.0% | PE11.9x | |
| TITAN Titanium Oyj | €11.50 | 9.5% +€10.3m | -26.3% | PE12.2x | |
| ALEX Alexandria Group Oyj | €8.15 | 5.8% +€4.6m | 18.5% | PE10.4x | |
| LL1SPAC Lifeline SPAC I Oyj | €9.85 | 0.5% +€625.0k | -2.5% | PE86.8x |