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Platinum Investment Management Limited is an asset management business based in Australia. Platinum Asset Management shares (PTM) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Platinum Asset Management has a trailing 12-month revenue of around $317.1 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $2.8554 - $4.9462 |
|---|---|
| 50-day moving average | $4 |
| 200-day moving average | $4.5378 |
| Target price | $5.04 |
| PE ratio | 12.9286 |
| Dividend yield | $0.24 (6.59%) |
| Earnings per share (TTM) | $0.28 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$3.52
| 1 week (2021-09-17) | -2.76% |
|---|---|
| 1 month (2021-08-25) | -19.27% |
| 3 months (2021-06-25) | -28.89% |
| 6 months (2021-03-25) | -28.89% |
| 1 year (2020-09-25) | 11.39% |
|---|---|
| 2 years (2019-09-25) | -13.09% |
| 3 years (2018-09-25) | -33.58% |
| 5 years (2016-09-23) | -31.52% |
Valuing Platinum Asset Management stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Platinum Asset Management's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Platinum Asset Management's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Platinum Asset Management shares trade at around 13x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Platinum Asset Management's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $247.1 million (£0.0 million).
The EBITDA is a measure of a Platinum Asset Management's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $317.1 million |
|---|---|
| Operating margin TTM | 77.53% |
| Gross profit TTM | $266.3 million |
| Return on assets TTM | 41.67% |
| Return on equity TTM | 49.4% |
| Profit margin | 51.48% |
| Book value | 0.591 |
| Market capitalisation | $2.1 billion |
TTM: trailing 12 months
Dividend payout ratio: 85.71% of net profits
Recently Platinum Asset Management has paid out, on average, around 85.71% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.63% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Platinum Asset Management shareholders could enjoy a 6.63% return on their shares, in the form of dividend payments. In Platinum Asset Management's case, that would currently equate to about A$0.24 per share.
Platinum Asset Management's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 1 September 2021 (the "ex-dividend date").
Over the last 12 months, Platinum Asset Management's shares have ranged in value from as little as $2.8554 up to $4.9462. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Platinum Asset Management's is 1.3997. This would suggest that Platinum Asset Management's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Platinum Asset Management is a publicly owned hedge fund sponsor. The firm primarily provides its services to pooled investment vehicles. The firm launches and manages equity mutual funds for its clients. It also launches and manages hedge funds for its clients. The firm invests in public equity markets across the globe. It employs value strategy with bottom-up stock picking approach to create its portfolio. The firm employs a combination of in-house and external research to make its investments. The firm typically invests in companies in consumer, health care and technology sectors. Platinum Asset Management was founded in February 1994 and is based in Sydney, Australia.
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