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Platinum Asset Management (ASX:PTM) Enterprise Value : A$415.8 Mil (As of May. 26, 2024)


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What is Platinum Asset Management Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Platinum Asset Management's Enterprise Value is A$415.8 Mil. Platinum Asset Management's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$110.1 Mil. Therefore, Platinum Asset Management's EV-to-EBIT ratio for today is 3.78.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Platinum Asset Management's Enterprise Value is A$415.8 Mil. Platinum Asset Management's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$112.9 Mil. Therefore, Platinum Asset Management's EV-to-EBITDA ratio for today is 3.68.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Platinum Asset Management's Enterprise Value is A$415.8 Mil. Platinum Asset Management's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$195.8 Mil. Therefore, Platinum Asset Management's EV-to-Revenue ratio for today is 2.12.


Platinum Asset Management Enterprise Value Historical Data

The historical data trend for Platinum Asset Management's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Platinum Asset Management Enterprise Value Chart

Platinum Asset Management Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,625.85 2,016.99 2,655.18 824.64 808.14

Platinum Asset Management Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,377.86 824.64 846.59 808.14 581.76

Competitive Comparison of Platinum Asset Management's Enterprise Value

For the Asset Management subindustry, Platinum Asset Management's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Platinum Asset Management's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Platinum Asset Management's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Platinum Asset Management's Enterprise Value falls into.



Platinum Asset Management Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Platinum Asset Management's Enterprise Value for the fiscal year that ended in Jun. 2023 is calculated as

Platinum Asset Management's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Platinum Asset Management  (ASX:PTM) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Platinum Asset Management's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=415.761/110.092
=3.78

Platinum Asset Management's current Enterprise Value is A$415.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Platinum Asset Management's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$110.1 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Platinum Asset Management's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=415.761/112.937
=3.68

Platinum Asset Management's current Enterprise Value is A$415.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Platinum Asset Management's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$112.9 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Platinum Asset Management's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=415.761/195.784
=2.12

Platinum Asset Management's current Enterprise Value is A$415.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Platinum Asset Management's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$195.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Platinum Asset Management Enterprise Value Related Terms

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Platinum Asset Management (ASX:PTM) Business Description

Traded in Other Exchanges
Address
Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000
Platinum Asset Management is an Australian-based niche fund manager with a specialty in international equities founded in 1994. It offers region and industry-specific funds in addition to global portfolios. There is flexibility in the investment strategies at Platinum, with funds having the option to engage in short-selling, taking positions in foreign exchange markets, and derivative-based activities to manage risk and aid performance.

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