Platinum CapitalASX:GLS -0.48%34 Return-on-Tangible-Asset is 0.70% as of Jun. 2025, which is 62% below its 10-year median of 1.85. GuruFocus rates ASX:GLS with a GF Score™ of 34/100. The stock has 7 warning signs investors should review. Among 1,632 Asset Management companies, Platinum Capital ranks worse than 60.23% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Platinum Capital's annualizedNet Income for the quarter that ended in Jun. 2025 was A$3.19 Mil. Platinum Capital's average total tangible assets for the quarter that ended in Jun. 2025 was A$458.36 Mil. Therefore, Platinum Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 0.70%.
The historical rank and industry rank for Platinum Capital's Return-on-Tangible-Asset or its related term are showing as below:
ASX:GLS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5 Med: 1.85 Max: 8.1
Current: 2.12
During the past 13 years, Platinum Capital's highest Return-on-Tangible-Asset was 8.10%. The lowest was -5.00%. And the median was 1.85%.
ASX:GLS's Return-on-Tangible-Asset is ranked worse than 60.23% of 1632
companies
in the Asset Management industry
Industry Median: 4.095
vs ASX:GLS: 2.12
Platinum Capital (ASX:GLS) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Platinum Capital Return-on-Tangible-Asset Related Terms
Platinum Capital Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Platinum Capital's Return-on-Tangible-Asset 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.
ASX:GLS vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Platinum Capital's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Capital Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Platinum Capital's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Platinum Capital's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.70% mean?
Platinum Capital (ASX:GLS) has a Return-on-Tangible-Asset of 0.70% as of Jun. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Platinum Capital and its competitors. This is 62% below median its historical median of 1.85. According to the industry distribution chart, Platinum Capital ranks #983 out of 1632 companies in the Asset Management industry, placing it in the top 60.2%.
Is Platinum Capital's Return-on-Tangible-Asset too high?
Platinum Capital's current Return-on-Tangible-Asset of 0.70% is 62% below median its 10-year median of 1.85. The Asset Management industry median Return-on-Tangible-Asset is 4.10. Platinum Capital's value of 0.70% is 82.9% below this industry median. Based on the distribution chart, Platinum Capital ranks #983 out of 1632 companies in the Asset Management industry, which is below the industry midpoint. Overall, Platinum Capital has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Platinum Capital's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Platinum Capital ranks #983 out of 1632 companies for Return-on-Tangible-Asset. This places Platinum Capital in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.10. Platinum Capital's value of 0.70% is 82.9% below this benchmark. While the company's 10-year median is 1.85 vs. the industry median of 4.10, Platinum Capital has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.10, based on 1,632 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Platinum Capital's current Return-on-Tangible-Asset of 0.70% is 82.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Platinum Capital and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Platinum Capital's current Return-on-Tangible-Asset is 0.70%, which is 62% below median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Platinum Capital stock overvalued right now?
Platinum Capital (ASX:GLS) has a current Return-on-Tangible-Asset of 0.70%. The current Return-on-Tangible-Asset is 0.70%, which is 62% below median its 10-year median of 1.85 and 82.9% below the Asset Management industry median of 4.10. Platinum Capital's overall GF Score™ is 34/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Platinum Capital (ASX:GLS), the current Return-on-Tangible-Asset is 0.70% as of Jun. 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.
Platinum Capital Ltd is an Australian close-ended investment company. The investment objective of the Company is to provide capital growth over the long term by investing in companies that the Investment Manager perceives to be undervalued by the market. Its investment approach is index-agnostic and seeks to identify and take advantage of opportunities created by anomalies between a company's share price and its intrinsic value. The Company is organised into one main operating segment with only one key function, being the investment of the Company's funds in equities.
34GF Score
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