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Platinum Asset Management (ASX:PTM) EV-to-EBIT

: 3.86 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Platinum Asset Management's Enterprise Value is A$424.5 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 for today is 3.86.

The historical rank and industry rank for Platinum Asset Management's EV-to-EBIT or its related term are showing as below:

ASX:PTM' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.46   Med: 10.68   Max: 21.84
Current: 3.86

During the past 13 years, the highest EV-to-EBIT of Platinum Asset Management was 21.84. The lowest was 3.46. And the median was 10.68.

ASX:PTM's EV-to-EBIT is ranked better than
76.06% of 497 companies
in the Asset Management industry
Industry Median: 9.67 vs ASX:PTM: 3.86

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Platinum Asset Management's Enterprise Value for the quarter that ended in Dec. 2023 was A$581.8 Mil. Platinum Asset Management's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$110.1 Mil. Platinum Asset Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.92%.


Platinum Asset Management EV-to-EBIT Historical Data

The historical data trend for Platinum Asset Management's EV-to-EBIT 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 Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.34 9.13 11.33 5.61 6.91

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
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only - 5.61 - 6.91 -

Competitive Comparison

For the Asset Management subindustry, Platinum Asset Management's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

For the Asset Management industry and Financial Services sector, Platinum Asset Management's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Platinum Asset Management's EV-to-EBIT falls into.



Platinum Asset Management EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=424.494/110.092
=3.86

Platinum Asset Management's current Enterprise Value is A$424.5 Mil.
For company reported semi-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.

* 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) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Platinum Asset Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=110.092/581.76011
=18.92 %

Platinum Asset Management's Enterprise Value for the quarter that ended in Dec. 2023 was A$581.8 Mil.
For company reported semi-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.

* 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Platinum Asset Management's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


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.

Platinum Asset Management (ASX:PTM) Headlines