Platinum Asset Management is a publicly owned hedge fund sponsor.
Platinum Investment Management Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$3.02|
|52 Week High||AU$2.97|
|52 Week Low||AU$5.14|
|1 Month Change||-12.97%|
|3 Month Change||-30.58%|
|1 Year Change||-3.51%|
|3 Year Change||-36.69%|
|5 Year Change||-39.24%|
|Change since IPO||-65.68%|
Recent News & Updates
Does Platinum Investment Management Limited (ASX:PTM) Have A Place In Your Dividend Portfolio?
Is Platinum Investment Management Limited ( ASX:PTM ) a good dividend stock? How can we tell? Dividend paying companies...
Platinum Investment Management Limited Just Recorded A 32% EPS Beat: Here's What Analysts Are Forecasting Next
It's been a good week for Platinum Investment Management Limited ( ASX:PTM ) shareholders, because the company has just...
|PTM||AU Capital Markets||AU Market|
Return vs Industry: PTM underperformed the Australian Capital Markets industry which returned 23.2% over the past year.
Return vs Market: PTM underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: PTM is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PTM's weekly volatility (5%) has been stable over the past year.
About the Company
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.
Platinum Investment Management Fundamentals Summary
|PTM fundamental statistics|
Is PTM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PTM income statement (TTM)|
|Cost of Revenue||AU$50.81m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.28|
|Net Profit Margin||51.48%|
How did PTM perform over the long term?See historical performance and comparison
7.9%Current Dividend Yield
Is Platinum Investment Management undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PTM (A$3.02) is trading below our estimate of fair value (A$5.46)
Significantly Below Fair Value: PTM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PTM is good value based on its PE Ratio (10.7x) compared to the Australian Capital Markets industry average (17x).
PE vs Market: PTM is good value based on its PE Ratio (10.7x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: PTM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: PTM is overvalued based on its PB Ratio (5.1x) compared to the AU Capital Markets industry average (1.4x).
How is Platinum Investment Management forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PTM's earnings are forecast to decline over the next 3 years (-2.8% per year).
Earnings vs Market: PTM's earnings are forecast to decline over the next 3 years (-2.8% per year).
High Growth Earnings: PTM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PTM's revenue is expected to decline over the next 3 years (-4.6% per year).
High Growth Revenue: PTM's revenue is forecast to decline over the next 3 years (-4.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PTM's Return on Equity is forecast to be high in 3 years time (37.1%)
How has Platinum Investment Management performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PTM has high quality earnings.
Growing Profit Margin: PTM's current net profit margins (51.5%) are lower than last year (52.4%).
Past Earnings Growth Analysis
Earnings Trend: PTM's earnings have declined by 4.3% per year over the past 5 years.
Accelerating Growth: PTM's earnings growth over the past year (4.9%) exceeds its 5-year average (-4.3% per year).
Earnings vs Industry: PTM earnings growth over the past year (4.9%) underperformed the Capital Markets industry 12.8%.
Return on Equity
High ROE: PTM's Return on Equity (47.7%) is considered outstanding.
How is Platinum Investment Management's financial position?
Financial Position Analysis
Short Term Liabilities: PTM's short term assets (A$220.8M) exceed its short term liabilities (A$21.8M).
Long Term Liabilities: PTM's short term assets (A$220.8M) exceed its long term liabilities (A$18.5M).
Debt to Equity History and Analysis
Debt Level: PTM is debt free.
Reducing Debt: PTM has not had any debt for past 5 years.
Debt Coverage: PTM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PTM has no debt, therefore coverage of interest payments is not a concern.
What is Platinum Investment Management current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PTM's dividend (7.95%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: PTM's dividend (7.95%) is in the top 25% of dividend payers in the Australian market (5.33%)
Stability and Growth of Payments
Stable Dividend: PTM's dividends per share have been stable in the past 10 years.
Growing Dividend: PTM's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (85.2%), PTM's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PTM's dividends in 3 years are not forecast to be well covered by earnings (98.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrew Clifford (55 yo)
Mr. Andrew McRae Clifford, BCom Hons (UNSW), Dip (FINSIA) has been Executive Director of Platinum Investment Management Limited since May 8, 2013 and has been its Managing Director and Chief Executive Offi...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD548.62K) is below average for companies of similar size in the Australian market ($USD1.40M).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Experienced Management: PTM's management team is considered experienced (4.8 years average tenure).
Experienced Board: PTM's board of directors are considered experienced (6.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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.
Platinum Investment Management Limited's employee growth, exchange listings and data sources
- Name: Platinum Investment Management Limited
- Ticker: PTM
- Exchange: ASX
- Founded: 1994
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$1.748b
- Shares outstanding: 578.81m
- Website: https://www.platinum.com.au
Number of Employees
- Platinum Investment Management Limited
- Level 8
- 7 Macquarie Place
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:17|
|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.