Banca Generali S.p.A. Beat Revenue Forecasts By 11%: Here's What Analysts Are Forecasting Next
May 13
Italian (Borsa Italiana) Asset Management Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies14
- 7D3.0%
- 3M9.2%
- 1Y26.7%
- YTDn/a
The Asset Management industry is up 3.0% in the last week, with Banca Generali up 5.8%. Meanwhile, NB Aurora SICAF-RAIF actually underperformed within the industry, shrinking 9.1% in the last week. In the last 12 months, the industry was up 27%. Earnings are forecast to be flat in the coming years.
Industry Valuation and Performance
Has the Italian Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | €11.8b | €3.4b | €1.1b | 10.8x | 10.7x | 3.4x |
| Sat, 13 Apr 2024 | €10.8b | €3.2b | €1.0b | 10.7x | 10.5x | 3.3x |
| Mon, 11 Mar 2024 | €10.7b | €3.2b | €961.2m | 12.2x | 11.1x | 3.3x |
| Wed, 07 Feb 2024 | €11.1b | €3.4b | €916.9m | 12.5x | 12.1x | 3.3x |
| Fri, 05 Jan 2024 | €11.3b | €3.5b | €908.2m | 12.5x | 12.4x | 3.2x |
| Sun, 03 Dec 2023 | €10.9b | €3.5b | €908.2m | 12.5x | 12x | 3.1x |
| Tue, 31 Oct 2023 | €10.1b | €3.5b | €949.8m | 11.1x | 10.6x | 2.9x |
| Thu, 28 Sep 2023 | €10.7b | €3.4b | €924.4m | 13.7x | 11.5x | 3.1x |
| Sat, 26 Aug 2023 | €10.5b | €3.4b | €933.8m | 14.4x | 11.3x | 3.1x |
| Mon, 24 Jul 2023 | €10.3b | €3.4b | €908.4m | 15.3x | 11.4x | 3.1x |
| Wed, 21 Jun 2023 | €10.1b | €3.4b | €906.6m | 14.8x | 11.2x | 3x |
| Fri, 19 May 2023 | €10.2b | €3.4b | €898.6m | 14.7x | 11.3x | 3x |
| Sun, 16 Apr 2023 | €10.2b | €3.4b | €878.8m | 15x | 11.6x | 3x |
| Tue, 14 Mar 2023 | €9.8b | €3.2b | €885.6m | 10x | 11x | 3.1x |
| Thu, 09 Feb 2023 | €11.0b | €3.6b | €1.1b | 10.7x | 10.4x | 3.1x |
| Sat, 07 Jan 2023 | €10.5b | €3.7b | €1.1b | 9.8x | 9.6x | 2.9x |
| Mon, 05 Dec 2022 | €10.2b | €3.7b | €985.5m | 17.9x | 10.3x | 2.7x |
| Wed, 02 Nov 2022 | €9.1b | €3.9b | €1.1b | 13.1x | 8.5x | 2.3x |
| Fri, 30 Sep 2022 | €8.0b | €3.9b | €1.1b | 9.9x | 7.3x | 2x |
| Sun, 28 Aug 2022 | €8.8b | €3.9b | €1.1b | 10.7x | 8x | 2.3x |
| Tue, 26 Jul 2022 | €9.1b | €3.9b | €1.2b | 12.2x | 7.9x | 2.3x |
| Thu, 23 Jun 2022 | €9.2b | €3.9b | €1.2b | 12.4x | 8x | 2.4x |
| Sat, 21 May 2022 | €10.7b | €3.6b | €1.1b | 10.6x | 9.3x | 2.9x |
| Mon, 18 Apr 2022 | €10.8b | €3.7b | €1.3b | 10.8x | 8.6x | 2.9x |
| Wed, 16 Mar 2022 | €10.4b | €3.0b | €1.3b | 11.1x | 8.3x | 3.4x |
| Fri, 11 Feb 2022 | €11.9b | €3.7b | €1.1b | 10.5x | 10.3x | 3.2x |
| Sun, 09 Jan 2022 | €12.3b | €3.7b | €1.1b | 12.2x | 10.7x | 3.3x |
| Tue, 07 Dec 2021 | €12.2b | €3.7b | €1.1b | 10.2x | 10.6x | 3.3x |
| Thu, 04 Nov 2021 | €12.9b | €3.5b | €1.1b | 11.8x | 11.7x | 3.6x |
| Sat, 02 Oct 2021 | €12.0b | €3.5b | €1.1b | 11.2x | 11.1x | 3.4x |
| Mon, 30 Aug 2021 | €12.0b | €3.5b | €1.1b | 12.9x | 11.1x | 3.4x |
| Tue, 06 Jul 2021 | €10.9b | €3.5b | €1.1b | 12.4x | 10.1x | 3.1x |
Price to Earnings Ratio
11x
Current Industry PE
- Investors are relatively neutral on the Italian 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 10.4x.
- The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have grown 4.6% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Italian Asset Management compare with similar industries?
| IT Market | 3.42% | |
| Financials | 2.84% | |
| Capital Markets | 2.70% | |
| Asset Management | 2.99% | |
| Financial Exchanges and Data | 14.74% | |
| Diversified Capital Markets | 0% | |
| Investment Banking and Brokerage | -3.85% | |
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 | |
|---|---|---|---|---|---|
| BGN Banca Generali | €40.40 | 5.8% +€252.9m | 32.3% | PE12.6x | |
| ANIM Anima Holding | €4.86 | 3.6% +€53.2m | 35.3% | PE9x | |
| AZM Azimut Holding | €26.11 | 1.4% +€49.9m | 30.6% | PE8x | |
| TIP Tamburi Investment Partners | €9.49 | 1.2% +€18.2m | 8.0% | PE18.4x | |
| AIM 4AIM SICAF | €266.00 | 13.2% +€1.5m | 52.4% | PB0.8x |