Platoome Maximiser (ASX:PL8) Net Cash per Share: A$1.13 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:PL8 Plato Income Maximiser Ltd ASX:PL8
59 GF Score
Price A$1.43
GF Value A$1.32
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Platoome Maximiser Net Cash per Share?

Platoome Maximiser ASX:PL8 -0.35% 59 Net Cash per Share is A$1.13 as of Dec. 2025, which is 100% below its 10-year median of 1.14. GuruFocus rates ASX:PL8 with a GF Score™ of 59/100 and a GF Value™ of A$1.32 (Fairly Valued). The stock has 3 warning signs investors should review. Among 462 Asset Management companies, Platoome Maximiser ranks better than 78.35% on this metric.

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Platoome Maximiser's Net Cash per Share for the quarter that ended in Dec. 2025 was A$1.13.

The historical rank and industry rank for Platoome Maximiser's Net Cash per Share or its related term are showing as below:

ASX:PL8' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.09   Med: 1.14   Max: 107.18
Current: 1.26

During the past 8 years, the highest Price-to-Net-Cash Ratio of Platoome Maximiser was 107.18. The lowest was 1.09. And the median was 1.14.

ASX:PL8's Price-to-Net-Cash is ranked better than
78.35% of 462 companies
in the Asset Management industry
Industry Median: 5.95 vs ASX:PL8: 1.26

Platoome Maximiser  (ASX:PL8) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Platoome Maximiser Net Cash per Share Related Terms


Platoome Maximiser Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Platoome Maximiser's Net Cash per Share 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.

Platoome Maximiser Net Cash per Share Chart

Platoome Maximiser Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Cash per Share
Get a 7-Day Free Trial -0.01 0.00 0.00 0.00 -0.01

Platoome Maximiser Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Cash per Share 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 1.06 0.00 1.10 -0.01 1.13

ASX:PL8 vs BLK, BX, KKR: Net Cash per Share Comparison

For the Asset Management subindustry, Platoome Maximiser's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Platoome Maximiser Price-to-Net-Cash vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Platoome Maximiser's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Platoome Maximiser's Price-to-Net-Cash falls into.


ASX:PL8
59GF Score
Plato Income Maximiser Ltd ASX:PL8
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Platoome Maximiser Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Platoome Maximiser's Net Cash per Share for the fiscal year that ended in Jun. 2025 is calculated as

Platoome Maximiser's Net Cash per Share for the quarter that ended in Dec. 2025 is calculated as

Net Cash per Share (Q: Dec. 2025 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.487+858.23-10.139-0)/748.636
=1.13

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of A$1.13 mean?
Platoome Maximiser (ASX:PL8) has a Net Cash per Share of A$1.13 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Platoome Maximiser and its competitors. This is near median its historical median of 1.14. Over the past decade, Platoome Maximiser's Net Cash per Share has ranged from 1.09 to 107.18. According to the industry distribution chart, Platoome Maximiser ranks #100 out of 462 companies in the Asset Management industry, placing it in the top 21.6%.
Is Platoome Maximiser's Net Cash per Share too high?
Platoome Maximiser's current Net Cash per Share of A$1.13 is near median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 107.18. Based on the distribution chart, Platoome Maximiser ranks #100 out of 462 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Platoome Maximiser has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Platoome Maximiser's Net Cash per Share compare to BLK and BX?
According to the Asset Management industry distribution chart, Platoome Maximiser ranks #100 out of 462 companies for Net Cash per Share. This places Platoome Maximiser in the top 22% of its industry — outperforming the majority of peers. The industry median Net Cash per Share is 5.95. Historically, Platoome Maximiser's own Net Cash per Share has ranged from 1.09 to 107.18 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Asset Management company?
The median Net Cash per Share among Asset Management companies is 5.95, based on 462 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Platoome Maximiser and its competitors. For the Asset Management industry, the median Net Cash per Share is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Platoome Maximiser's current Net Cash per Share is A$1.13, which is near median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Platoome Maximiser stock overvalued right now?
Based on GuruFocus' analysis, Platoome Maximiser (ASX:PL8) is currently considered Fairly Valued. The stock's GF Value™ is A$1.32, compared to a current price of A$1.43 — trading 8% above its estimated fair value. The current Net Cash per Share is A$1.13, which is near median its 10-year median of 1.14. Platoome Maximiser's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Platoome Maximiser (ASX:PL8), the current Net Cash per Share is A$1.13 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Platoome Maximiser (ASX:PL8) Overvalued in 2026?

Based on GuruFocus' analysis, Platoome Maximiser stock appears to be overvalued. The current stock price of A$1.43 is trading 8% above its estimated GF Value™ of A$1.32. GuruFocus considers Platoome Maximiser to be Fairly Valued.

Key valuation signals for ASX:PL8:

  • Net Cash per Share: A$1.13 (near median its 10-year median of 1.14)
  • GF Value™: A$1.32 vs. price of A$1.43 (8% above fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the ASX:PL8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Platoome Maximiser Business Description

Address 264 George Street, Level 25, Sydney, NSW, AUS, 2000
Plato Income Maximiser Ltd is an asset management company. The investment objectives of the company are to generate annual income that exceeds the gross income of the Benchmark and to outperform the Benchmark in total return terms including franking credits over each full investment cycle. All of the company's activities are located in one geographical segment being Australia.
59GF Score

Get the complete analysis for ASX:PL8

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.43
Price
A$1.32
GF Value