Platinum Asset Management (ASX:PTM) FCF Yield % : 11.69 (As of May. 13, 2024)

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What is Platinum Asset Management FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Platinum Asset Management's Trailing 12-Month Free Cash Flow is A$71.5 Mil, and Market Cap is A$611.3 Mil. Therefore, Platinum Asset Management's FCF Yield % for today is 11.69%.

The historical rank and industry rank for Platinum Asset Management's FCF Yield % or its related term are showing as below:

ASX:PTM' s FCF Yield % Range Over the Past 10 Years
Min: 2.94 Med: 5.64 Max: 14.09
Current: 11.69

During the past 13 years, the highest FCF Yield % of Platinum Asset Management was 14.09%. The lowest was 2.94%. And the median was 5.64%.

ASX:PTM's FCF Yield % is ranked better than
79.37% of 1595 companies
in the Asset Management industry
Industry Median: 2.98 vs ASX:PTM: 11.69

Platinum Asset Management's FCF Margin % for the quarter that ended in Dec. 2023 was 46.58%.

Platinum Asset Management FCF Yield % Historical Data

The historical data trend for Platinum Asset Management's FCF Yield % 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 FCF Yield % Chart

Platinum Asset Management Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

FCF Yield %

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5.85

6.49

4.94

12.28

8.39

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
FCF Yield %	Get a 7-Day Free Trial															8.46	11.33	10.62	5.75	11.11

Competitive Comparison of Platinum Asset Management's FCF Yield %

For the Asset Management subindustry, Platinum Asset Management's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where Platinum Asset Management's FCF Yield % falls into.

Platinum Asset Management FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Platinum Asset Management's FCF Yield % for the fiscal year that ended in Jun. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	82.994	/	989.58846
	=	8.39%

Platinum Asset Management's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	43.03	*	2	/	774.28211
	=	11.11%

Platinum Asset Management FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Platinum Asset Management FCF Yield % Related Terms

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Platinum Asset Management (ASX:PTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Platinum Asset Management Ltd (ASX:PTM) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

PIJ:Germany

Address

Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000

Website

https://www.platinum.com.au

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.