Platinum Asset Financials

PTM Stock   1.05  0.01  0.94%   
We have collected data for twenty-nine available financial ratios for Platinum Asset Management, which can be compared to its competitors. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Platinum Asset to be traded at 1.029 in 90 days. Key indicators impacting Platinum Asset's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income70.5 M74.2 M
Notably Down
Slightly volatile
  
Understanding current and past Platinum Asset Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Platinum Asset's financial statements are interrelated, with each one affecting the others. For example, an increase in Platinum Asset's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Platinum Asset's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Platinum Asset Management. Check Platinum Asset's Beneish M Score to see the likelihood of Platinum Asset's management manipulating its earnings.

Platinum Asset Stock Summary

Platinum Asset competes with Lendlease, Medical Developments, Perpetual Credit, Treasury Wine, and Insignia Financial. Platinum Asset is entity of Australia. It is traded as Stock on AU exchange.
Foreign Associates
Specialization
Financial Services, Financial Services
InstrumentAustralia Stock View All
ExchangeAustralian Securities Exchange
ISINAU000000PTM6
Business AddressLevel Eight, Seven
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.platinum.com.au
Phone612 9255 7500
You should never invest in Platinum Asset without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Platinum Stock, because this is throwing your money away. Analyzing the key information contained in Platinum Asset's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Platinum Asset Key Financial Ratios

Platinum Asset's financial ratios allow both analysts and investors to convert raw data from Platinum Asset's financial statements into concise, actionable information that can be used to evaluate the performance of Platinum Asset over time and compare it to other companies across industries.

Platinum Asset Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets357.5M384.3M352.6M354.3M348.5M369.4M
Other Liab7.3M13.2M6.8M3.9M3.5M3.3M
Retained Earnings173.0M203.0M177.1M177.6M148.8M150.2M
Accounts Payable3.8M3.9M4.3M7.1M8.5M5.5M
Cash105.3M143.3M87.4M86.2M120.4M104.6M
Other Assets2.2M2.0M2.8M3.3M(127.6M)(121.2M)
Total Liab38.5M42.3M29.1M24.7M29.4M23.2M
Other Current Liab16.3M16.0M9.9M7.2M1.4M1.3M
Net Debt(96.5M)(136.2M)(82.2M)(82.9M)(108.1M)(113.5M)
Net Receivables32.8M25.7M27.1M22.5M14.6M13.8M
Other Current Assets106K214K219K3.9M5.6M5.9M
Total Current Assets189.9M220.8M207.1M212.5M270.4M282.5M
Net Tangible Assets318.3M342.0M323.6M328.2M295.4M268.5M
Treasury Stock(20.1M)(27.9M)(33.4M)(36.5M)(32.8M)(34.5M)
Long Term Debt Total7.1M5.2M3.2M1.1M1.3M1.2M
Net Invested Capital327.8M349.1M328.8M331.4M326.6M265.5M
Cash And Equivalents105.3M143.3M87.4M86.2M77.6M97.5M
Net Working Capital168.0M199.0M190.9M196.0M176.4M173.1M

Platinum Asset Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense239K197K152K104K433K575.5K
Total Revenue290.0M272.5M256.9M211.1M185.1M299.0M
Operating Income213.6M203.4M164.9M114.6M74.2M70.5M
Income Before Tax213.3M203.2M164.7M114.5M73.1M69.5M
Income Tax Expense65.2M71.0M45.2M35.9M28.0M52.1M
Gross Profit274.9M259.7M245.0M202.6M106.5M202.2M
Ebit213.6M203.4M164.9M114.6M74.2M70.5M
Ebitda217.4M206.6M167.7M117.4M77.3M73.4M
Net Income155.6M163.3M101.5M80.9M45.0M42.8M
Research Development5.3M5.2M5.6M6.5M7.5M5.2M
Cost Of Revenue15.1M12.8M12.0M8.5M78.6M82.6M
Tax Provision65.2M71.0M45.2M35.9M28.0M50.8M
Interest Income8.4M541K498K6.2M9.4M9.9M
Net Interest Income(239K)344K346K5.1M9.0M9.4M

Platinum Asset Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(7.6M)37.9M(55.8M)(1.3M)34.2M35.9M
Free Cash Flow148.6M140.5M122.4M83.0M78.1M114.7M
Depreciation3.8M3.2M2.8M2.7M3.1M3.3M
Other Non Cash Items(8.6M)(25.9M)18.4M(223K)26.3M27.6M
Dividends Paid157.0M133.3M127.4M80.3M73.8M136.6M
Capital Expenditures2.3M41K219K363K1.6M1.7M
Net Income155.6M163.3M101.5M80.9M45.0M42.8M
End Period Cash Flow105.3M143.3M87.4M86.2M120.4M110.1M
Investments5.9M36.8M(38.4M)5.7M51.6M54.2M
Change To Netincome(13.5M)(40.8M)31.7M(1.8M)(2.1M)(2.2M)
Change To Inventory(3.0M)53.0K4.5M3.7M4.3M4.5M

Platinum Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Platinum Asset's current stock value. Our valuation model uses many indicators to compare Platinum Asset value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Platinum Asset competition to find correlations between indicators driving Platinum Asset's intrinsic value. More Info.
Platinum Asset Management is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  1.04  of Return On Asset per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Platinum Asset's earnings, one of the primary drivers of an investment's value.

Platinum Asset Management Systematic Risk

Platinum Asset's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Platinum Asset volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Platinum Asset Management correlated with the market. If Beta is less than 0 Platinum Asset generally moves in the opposite direction as compared to the market. If Platinum Asset Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Platinum Asset Management is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Platinum Asset is generally in the same direction as the market. If Beta > 1 Platinum Asset moves generally in the same direction as, but more than the movement of the benchmark.

Platinum Asset Management Total Assets Over Time

Platinum Asset Thematic Clasifications

Platinum Asset Management is part of several thematic ideas from Management to Investing. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas

Platinum Asset November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Platinum Asset help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Platinum Asset Management. We use our internally-developed statistical techniques to arrive at the intrinsic value of Platinum Asset Management based on widely used predictive technical indicators. In general, we focus on analyzing Platinum Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Platinum Asset's daily price indicators and compare them against related drivers.

Additional Tools for Platinum Stock Analysis

When running Platinum Asset's price analysis, check to measure Platinum Asset's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Platinum Asset is operating at the current time. Most of Platinum Asset's value examination focuses on studying past and present price action to predict the probability of Platinum Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Platinum Asset's price. Additionally, you may evaluate how the addition of Platinum Asset to your portfolios can decrease your overall portfolio volatility.