Platinum Asset Revenue vs. Current Valuation
| PTM Stock | 0.70 0.03 4.48% |
Total Revenue | First Reported 2006-09-30 | Previous Quarter 97.9 M | Current Value 85.6 M | Quarterly Volatility 41 M |
For Platinum Asset profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Platinum Asset to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Platinum Asset Management utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Platinum Asset's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Platinum Asset Management over time as well as its relative position and ranking within its peers.
Platinum |
Platinum Asset Management Current Valuation vs. Revenue Fundamental Analysis
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. Platinum Asset Management is rated below average in revenue category among its peers. It is rated below average in current valuation category among its peers reporting about 0.06 of Current Valuation per Revenue. The ratio of Revenue to Current Valuation for Platinum Asset Management is roughly 15.81 . At this time, Platinum Asset's Total Revenue is comparatively stable compared to the past year. 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 Revenue vs. Competition
Platinum Asset Management is rated below average in revenue category among its peers. Market size based on revenue of Financials industry is at this time estimated at about 41.21 Trillion. Platinum Asset adds roughly 185.13 Million in revenue claiming only tiny portion of equities under Financials industry.
Platinum Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Platinum Asset |
| = | 185.13 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Platinum Asset |
| = | 11.71 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Platinum Current Valuation vs Competition
Platinum Asset Management is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is at this time estimated at about 621.67 Billion. Platinum Asset adds roughly 11.71 Million in current valuation claiming only tiny portion of equities under Financials industry.
Platinum Asset Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Platinum Asset, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Platinum Asset will eventually generate negative long term returns. The profitability progress is the general direction of Platinum Asset's change in net profit over the period of time. It can combine multiple indicators of Platinum Asset, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -530.7 M | -557.2 M | |
| Operating Income | 74.2 M | 70.5 M | |
| Income Before Tax | 73.1 M | 69.5 M | |
| Income Tax Expense | 28 M | 52.1 M | |
| Total Other Income Expense Net | -1 M | -1.1 M | |
| Net Income Applicable To Common Shares | 72.8 M | 123.4 M | |
| Net Income | 45 M | 42.8 M | |
| Net Income From Continuing Ops | 45.1 M | 42.9 M | |
| Interest Income | 9.4 M | 9.9 M | |
| Net Interest Income | 9 M | 9.4 M | |
| Change To Netincome | -2.1 M | -2.2 M |
Platinum Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Platinum Asset. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Platinum Asset position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Platinum Asset's important profitability drivers and their relationship over time.
Use Platinum Asset in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Platinum Asset position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Platinum Asset will appreciate offsetting losses from the drop in the long position's value.Platinum Asset Pair Trading
Platinum Asset Management Pair Trading Analysis
The ability to find closely correlated positions to Platinum Asset could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Platinum Asset when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Platinum Asset - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Platinum Asset Management to buy it.
The correlation of Platinum Asset is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Platinum Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Platinum Asset Management moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Platinum Asset can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Platinum Asset position
In addition to having Platinum Asset in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Military Industrial Thematic Idea Now
Military Industrial
A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Military Industrial Theme or any other thematic opportunities.
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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.