Platinum Asset Management Ltd
ASX:PTM
Intrinsic Value
Platinum Asset Management Ltd. is a non-operating holding company, which engages in the provision of financial services. [ Read More ]
The intrinsic value of one
PTM
stock under the Base Case scenario is
1.12
AUD.
Compared to the current market price of 1.13 AUD,
Platinum Asset Management Ltd
is
Overvalued by 1%.
Platinum Asset Management Ltd's market capitalization is 638.6m AUD.
PTM stock price is 1.13 AUD.
PTM stock (1.12 AUD) is 1% less than its price (1.13 AUD).
PTM stock (0.94 AUD) is 17% less than its price (1.13 AUD). Open Relative Valuation
PTM has downside potential of 1% compared to the average analyst price target.
Open Wall St Estimates
PTM's Revenue has dropped by 7% over the past 12 months.
PTM's ROE (Return on Equity) for the past 12 months is positive and is equal to 24%.
PTM's Revenue is forecast to fall at a rate of 10% per year over the next 3 years.
PTM's Revenue has been falling by 9% per year for the last 3 years.
PTM's ROE (Return on Equity) has significantly decreased in the last 3 years from 51% to 24%.
PTM's ROIC (Return on Invested Capital) has significantly decreased in the last 3 years from 74% to 49%.
PTM's ROIC (Return on Invested Capital) for the past 12 months is very high and is equal to 49%.
PTM has positive Operating Income for the last twelve months.
PTM has positive Net Income for the last twelve months.
PTM has very high three-year average ROE (Return on Equity): 35%. The company is very efficient at transforming stockholders' equity into net income.
PTM has positive Free Cash Flow for the last twelve months.
PTM's D/E (Debt to Equity) is very low and is equal to 0.04.
PTM has very high three-year average ROIC (Return on Invested Capital): 61%. The company is very efficient at using invested capital to generate operating income.
PTM's short-term assets (231m AUD) exceed its short-term liabilties (19m AUD).
PTM's long-term assets (361m AUD) exceed its long-term liabilties (36m AUD).
PTM has negative Net Debt. This means that the company has more cash and short-term investments (209m AUD) than debt (12m AUD).
PTM's Altman Z-Score is very high and is equal to 12.63.
PTM doesn't generate enough operating income (106m AUD) to safely cover interest payments on its debt (-140k AUD).
Valuation Backtest
Platinum Asset Management Ltd
Run backtest to discover the historical profit from buying and selling
PTM
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Platinum Asset Management Ltd
Balance Sheet Decomposition
Platinum Asset Management Ltd
| Current Assets | 231.3m |
| Cash & Short-Term Investments | 208.6m |
| Receivables | 22.6m |
| Non-Current Assets | 129.6m |
| Long-Term Investments | 82m |
| PP&E | 15m |
| Other Non-Current Assets | 32.6m |
| Current Liabilities | 18.7m |
| Accounts Payable | 11.9m |
| Accrued Liabilities | 4.8m |
| Other Current Liabilities | 2m |
| Non-Current Liabilities | 17.3m |
| Long-Term Debt | 11.6m |
| Other Non-Current Liabilities | 5.7m |
Earnings Waterfall
Platinum Asset Management Ltd
|
Revenue
|
206.7m
AUD
|
|
Operating Expenses
|
-100.4m
AUD
|
|
Operating Income
|
106.2m
AUD
|
|
Other Expenses
|
-27.2m
AUD
|
|
Net Income
|
79m
AUD
|
Free Cash Flow Analysis
Platinum Asset Management Ltd
PTM Profitability Score
Profitability Due Diligence
Platinum Asset Management Ltd's profitability score is 68/100. The higher the profitability score, the more profitable the company is.
Score
Platinum Asset Management Ltd's profitability score is 68/100. The higher the profitability score, the more profitable the company is.
PTM Solvency Score
Solvency Due Diligence
Platinum Asset Management Ltd's solvency score is 75/100. The higher the solvency score, the more solvent the company is.
Score
Platinum Asset Management Ltd's solvency score is 75/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
PTM Price Targets Summary
Platinum Asset Management Ltd
According to Wall Street analysts, the average 1-year price target for
PTM
is 1.12 AUD
with a low forecast of 0.81 AUD and a high forecast of 1.43 AUD.
Shareholder Return
PTM Price
Platinum Asset Management Ltd
| Average Annual Return | -17.44% |
| Standard Deviation of Annual Returns | 14.74% |
| Max Drawdown | -77% |
| Market Capitalization | 638.6m AUD |
| Shares Outstanding | 565 143 099 |
| Percentage of Shares Shorted |
N/A
|
Company Profile
Platinum Asset Management Ltd
Country
Industry
Market Cap
Dividend Yield
Description
Platinum Asset Management Ltd. is a non-operating holding company, which engages in the provision of financial services. The company is headquartered in Sydney, New South Wales. The company went IPO on 2007-05-23. The firm is engaged in funds management business. The company operates through two segments: Funds management, and Investments and other. The firm offers a range of products with different characteristics to suit different investor needs and provides multiple ways of accessing its global and regional equity strategies, including unlisted Australian-registered managed funds, Australian Stock Exchange (ASX)-listed investment companies (LICs), ASX-quoted actively managed funds as well as a mFund. Its managed funds include Platinum International Fund, Platinum Global Fund, Platinum Asia Fund, Platinum European Fund, Platinum Japan Fund and others. The firm's LICs include Platinum Capital Limited, and Platinum Asia Investments Limited. Its mFund Settlement Service allows access to certain unlisted managed funds through a more streamlined transaction settlement process.
Contact
IPO
Employees
Officers
The intrinsic value of one
PTM
stock under the Base Case scenario is
1.12
AUD.
Compared to the current market price of 1.13 AUD,
Platinum Asset Management Ltd
is
Overvalued by 1%.
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