Platinum Asset Management Share Price and Company Fundamentals
Last traded: Today at 6:10 AM
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. It also launches and manages hedge funds for its clients. The firm invests in public equity markets across the globe. It employs value strategy with bottom-up stock picking approach to create its portfolio. The firm employs a combination of in-house and external research to make its investments. The firm typically invests in companies in consumer, health care and technology sectors. Platinum Asset Management was founded in February 1994 and is based in Sydney, Australia.
Key Metrics
PE ratio
16.24
PB ratio
8.05
Dividend yield
5.02%
Beta
1.46
Market cap
$2.73B
Enterprise value
$2.5B
Company profile
| Primary activities | Fund manager which specialises in investing in global equities. |
|---|---|
| Industry / Sector | Asset Management / Financial Services |
| Website | http://www.platinum.com.au |
| Mailing address | Level 8 7 Macquarie Place Sydney NSW 2000 Australia |
| Phone / Fax | 61 2 9255 7500 / 61 2 9254 5555 |
| Share registry | COMPUTERSHARE INVESTOR SERVICES PTY LIMITED |
Annual reports
| Published on | Report |
|---|---|
| 21 Sep 2020 | Annual Report to shareholders |
Dividends
More: Platinum Asset Management Dividend history, yield and payout ratio
Dividend yield
5.02%
Dividend amount
$0.23
Payout ratio
83.74%
5Y Avg. yield
6.01%
Platinum Asset Management paid $0.23 dividend and the ex-dividend date was 02 Mar 2021.The dividend payout ratio is 83.74%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.PTM dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.
PTM's forward dividend amount is $0.24 and the forward dividend yield is 5.24%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2021, following are the company executives and directors listed on Platinum Asset Management.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Andrew McRae Clifford B.Com., BCOM (HONS) | Co-Founder, MD, CEO, Co-Chief Investment Officer, Portfolio Mang. & Exec. Director | 54 | 651.09k |
| Ms. Elizabeth Ann Norman B.A., BA | Co-Founder, Director of Communications & Investor Services and Exec. Director | 52 | 1.52M |
| Mr. Andrew Norman Stannard BMS, C.A., BMS(Hons) | CFO, Fin. Director & Exec. Director | 53 | 969.34k |
| Mr. Toby Harrop B.Com. | CO-Founder & Investment Analyst | ||
| Mr. Robert Sidoti | Operations Mang. | ||
| Mr. Clay Smolinski B.Com., BCom | Co-Chief Investment Officer | ||
| Mr. Andy Kirwan B.Sc. | Head of Technology | ||
| Mr. Matthew Robert Githens B.Com., C.A. | Chief Compliance Officer | ||
| Ms. Joanne Jefferies B.Com., L.L.B., BCOMM/LLB | Group Company Sec. & Gen. Counsel | ||
| Ms. Kelley Gibson | HR Mang. |
Profitability and management effectiveness
Profit margin
53.68%
Operating margin
79.87%
Return on assets
41.60%
Return on equity
50.82%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Platinum Asset Management is 2.73B and its enterprise value is 2.5B. The enterprise value to revenue ratio of PTM is 8.05.
The PTM's stocks Beta value is 1.46 making it 46% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Platinum Asset Management (ASX:PTM) Frequently Asked Questions
1. What is Platinum Asset Management's Stock Symbol?
Platinum Asset Management trades on ASX under the ticker symbol "PTM".
2. What is Platinum Asset Management's stock price today?
One share of PTM stock can currently be purchased for approximately $4.66.
3. How can I contact Platinum Asset Management?
Platinum Asset Management's mailing address is Level 8 7 Macquarie Place Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 9255 7500.
4. What is Platinum Asset Management's official website?
The official website of Platinum Asset Management is http://www.platinum.com.au.
5. Which share registry manages Platinum Asset Management's stock?
Platinum Asset Management's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.