ARCA:PLTM

Stock Analysis Report

Executive Summary

GraniteShares Platinum Trust is an exchange traded fund launched and managed by GraniteShares LLC.


Snowflake Analysis

Share Price & News

How has GraniteShares Platinum Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PLTM has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.5%

PLTM

-1.9%

US Capital Markets

-1.2%

US Market


1 Year Return

23.4%

PLTM

16.9%

US Capital Markets

22.3%

US Market

Return vs Industry: PLTM exceeded the US Capital Markets industry which returned 21.7% over the past year.

Return vs Market: PLTM exceeded the US Market which returned 22% over the past year.


Shareholder returns

PLTMIndustryMarket
7 Day-1.5%-1.9%-1.2%
30 Day6.5%1.9%1.6%
90 Day9.2%10.2%8.8%
1 Year23.4%23.4%19.3%16.9%25.0%22.3%
3 Yearn/a43.0%35.0%49.9%40.3%
5 Yearn/a96.9%78.7%77.6%58.0%

Price Volatility Vs. Market

How volatile is GraniteShares Platinum Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is GraniteShares Platinum Trust undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether GraniteShares Platinum Trust is trading at an attractive price based on the cash flow it is expected to produce in the future. But as GraniteShares Platinum Trust has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is GraniteShares Platinum Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.3%

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 GraniteShares Platinum Trust 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.

Past Performance

How has GraniteShares Platinum Trust performed over the past 5 years?

18.1%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, GraniteShares Platinum Trust has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is GraniteShares Platinum Trust's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse GraniteShares Platinum Trust's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. GraniteShares Platinum Trust has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is GraniteShares Platinum Trust's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate PLTM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PLTM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PLTM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PLTM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PLTM's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

What is the CEO of GraniteShares Platinum Trust's salary, the management and board of directors tenure and is there insider trading?


CEO

GraniteShares Platinum Trust has no CEO, or we have no data on them.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Management Team


    Board Members

      Company Information

      GraniteShares Platinum Trust's company bio, employee growth, exchange listings and data sources


      Key Information

      • Name: GraniteShares Platinum Trust
      • Ticker: PLTM
      • Exchange: ARCA
      • Founded: 2018
      • Industry: Asset Management and Custody Banks
      • Sector: Diversified Financials
      • Market Cap: US$0
      • Shares outstanding: 0
      • Website: https://www.graniteshares.com/PLTM/13

      Location

      • GraniteShares Platinum Trust
      • United States

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      PLTMARCA (NYSE Arca)YesSHS BEN INTUSUSDJan 2018

      Biography

      GraniteShares Platinum Trust is an exchange traded fund launched and managed by GraniteShares LLC. The fund invests in commodity markets. It invests in platinum. The fund seeks to track the price of price of platinum. GraniteShares Platinum Trust was formed on January 11, 2018 and is domiciled in the United States.GraniteShares Platinum Trust - GraniteShares Platinum Shares is an exchange traded fund launched and managed by GraniteShares LLC. The fund invests in commodity markets. It invests in platinum. The fund seeks to track the performance of the price of platinum less trust expenses. GraniteShares Platinum Trust - GraniteShares Platinum Shares was formed on January 22, 2018 and is domiciled in the United States. 


      Company Analysis and Financial Data Status

      All financial data provided by Standard & Poor's Capital IQ.
      DataLast Updated (UTC time)
      Company Analysis2020/01/27 01:16
      End of Day Share Price2020/01/24 00:00
      EarningsN/A
      Annual EarningsN/A


      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.