Plato Income Maximiser Limited is a privately owned investment manager.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.28|
|52 Week High||AU$1.07|
|52 Week Low||AU$1.33|
|1 Month Change||0.39%|
|3 Month Change||0.79%|
|1 Year Change||17.97%|
|3 Year Change||25.49%|
|5 Year Change||n/a|
|Change since IPO||18.52%|
Recent News & Updates
Plato Income Maximiser's (ASX:PL8) Dividend Will Be Increased To AU$0.0045
Plato Income Maximiser Limited's ( ASX:PL8 ) dividend will be increasing on the 31st of August to AU$0.0045, with...
Plato Income Maximiser (ASX:PL8) Will Pay A Larger Dividend Than Last Year At AU$0.0045
The board of Plato Income Maximiser Limited ( ASX:PL8 ) has announced that the dividend on 30th of July will be...
What To Know Before Buying Plato Income Maximiser Limited (ASX:PL8) For Its Dividend
Dividend paying stocks like Plato Income Maximiser Limited ( ASX:PL8 ) tend to be popular with investors, and for good...
Plato Income Maximiser Limited (ASX:PL8) Goes Ex-Dividend Soon
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
|PL8||AU Capital Markets||AU Market|
Return vs Industry: PL8 underperformed the Australian Capital Markets industry which returned 23.2% over the past year.
Return vs Market: PL8 underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: PL8 is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: PL8's weekly volatility (2%) has been stable over the past year.
About the Company
Plato Income Maximiser Limited is a privately owned investment manager. The firm provides its services to SMSF and pension-phase investors. It invests in public equity markets of Australia.
Plato Income Maximiser Fundamentals Summary
|PL8 fundamental statistics|
Is PL8 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PL8 income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.17|
|Net Profit Margin||73.33%|
How did PL8 perform over the long term?See historical performance and comparison
4.7%Current Dividend Yield
Does PL8 pay a reliable dividends?See PL8 dividend history and benchmarks
|Plato Income Maximiser dividend dates|
|Ex Dividend Date||Nov 15 2021|
|Dividend Pay Date||Nov 30 2021|
|Days until Ex dividend||25 days|
|Days until Dividend pay date||40 days|
Does PL8 pay a reliable dividends?See PL8 dividend history and benchmarks
Is Plato Income Maximiser undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PL8 (A$1.28) is trading above our estimate of fair value (A$1.04)
Significantly Below Fair Value: PL8 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PL8 is good value based on its PE Ratio (7.5x) compared to the Australian Capital Markets industry average (17x).
PE vs Market: PL8 is good value based on its PE Ratio (7.5x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PL8's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PL8 is good value based on its PB Ratio (1.1x) compared to the AU Capital Markets industry average (1.4x).
How is Plato Income Maximiser forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Plato Income Maximiser has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Plato Income Maximiser performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PL8 has a high level of non-cash earnings.
Growing Profit Margin: PL8 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PL8's earnings have grown by 19.2% per year over the past 5 years.
Accelerating Growth: PL8 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PL8 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (12.8%).
Return on Equity
High ROE: PL8's Return on Equity (15.1%) is considered low.
How is Plato Income Maximiser's financial position?
Financial Position Analysis
Short Term Liabilities: PL8's short term assets (A$486.0M) exceed its short term liabilities (A$420.0K).
Long Term Liabilities: PL8's short term assets (A$486.0M) exceed its long term liabilities (A$3.2M).
Debt to Equity History and Analysis
Debt Level: PL8 is debt free.
Reducing Debt: PL8 has not had any debt for past 5 years.
Debt Coverage: PL8 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PL8 has no debt, therefore coverage of interest payments is not a concern.
What is Plato Income Maximiser current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PL8's dividend (4.69%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: PL8's dividend (4.69%) is low compared to the top 25% of dividend payers in the Australian market (5.33%).
Stability and Growth of Payments
Stable Dividend: PL8 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PL8's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.2%), PL8's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Plato Income Maximiser has no CEO, or we have no data on them.
Experienced Board: PL8's board of directors are considered experienced (4.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PL8 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Plato Income Maximiser Limited's employee growth, exchange listings and data sources
- Name: Plato Income Maximiser Limited
- Ticker: PL8
- Exchange: ASX
- Founded: 2017
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$548.394m
- Shares outstanding: 428.43m
- Website: https://www.plato.com.au/lic-overview
- Plato Income Maximiser Limited
- 60 Margaret Street
- Level 35
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:34|
|End of Day Share Price||2021/10/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.