Platoome MaximiserASX:PL8 -0.36%59 Return-on-Tangible-Asset is 6.55% as of Dec. 2025, which is 27% below its 10-year median of 8.94. 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 1,635 Asset Management companies, Platoome Maximiser ranks better than 66.97% 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. Platoome Maximiser's annualizedNet Income for the quarter that ended in Dec. 2025 was A$56.88 Mil. Platoome Maximiser's average total tangible assets for the quarter that ended in Dec. 2025 was A$868.10 Mil. Therefore, Platoome Maximiser's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 6.55%.
The historical rank and industry rank for Platoome Maximiser's Return-on-Tangible-Asset or its related term are showing as below:
ASX:PL8'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.41 Med: 8.94 Max: 15.85
Current: 8.43
During the past 8 years, Platoome Maximiser's highest Return-on-Tangible-Asset was 15.85%. The lowest was -2.41%. And the median was 8.94%.
ASX:PL8's Return-on-Tangible-Asset is ranked better than 66.97% of 1635
companies
in the Asset Management industry
Industry Median: 4.13
vs ASX:PL8: 8.43
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.
Platoome Maximiser Return-on-Tangible-Asset Related Terms
Platoome Maximiser Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Platoome Maximiser'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:PL8 vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Platoome Maximiser'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.
Platoome Maximiser Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Platoome Maximiser's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Platoome Maximiser'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 6.55% mean?
Platoome Maximiser (ASX:PL8) has a Return-on-Tangible-Asset of 6.55% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Platoome Maximiser and its competitors. This is 27% below median its historical median of 8.94. According to the industry distribution chart, Platoome Maximiser ranks #540 out of 1635 companies in the Asset Management industry, placing it in the top 33%.
Is Platoome Maximiser's Return-on-Tangible-Asset too high?
Platoome Maximiser's current Return-on-Tangible-Asset of 6.55% is 27% below median its 10-year median of 8.94. The Asset Management industry median Return-on-Tangible-Asset is 4.13. Platoome Maximiser's value of 6.55% is 58.6% above this industry median. Based on the distribution chart, Platoome Maximiser ranks #540 out of 1635 companies in the Asset Management industry, which is above the industry midpoint. 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 Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Platoome Maximiser ranks #540 out of 1635 companies for Return-on-Tangible-Asset. This puts Platoome Maximiser in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.13. Platoome Maximiser's value of 6.55% is 58.6% above this benchmark. While the company's 10-year median is 8.94 vs. the industry median of 4.13, Platoome Maximiser has consistently been above 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 4.13, based on 1,635 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. Platoome Maximiser's current Return-on-Tangible-Asset of 6.55% is 58.6% above 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 Platoome Maximiser and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Platoome Maximiser's current Return-on-Tangible-Asset is 6.55%, which is 27% below median its own 10-year median of 8.94. 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$1.40 — trading 5.7% above its estimated fair value. The current Return-on-Tangible-Asset is 6.55%, which is 27% below median its 10-year median of 8.94 and 58.6% above the Asset Management industry median of 4.13. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Platoome Maximiser (ASX:PL8), the current Return-on-Tangible-Asset is 6.55% 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$1.40 is trading 5.7% above its estimated GF Value™ of A$1.32.
GuruFocus considers Platoome Maximiser to be Fairly Valued.
Key valuation signals for ASX:PL8:
Return-on-Tangible-Asset: 6.55% (27% below median its 10-year median of 8.94)
GF Value™: A$1.32 vs. price of A$1.40 (5.7% above fair value)
Industry Position: 58.6% above the Asset Management median (#540 of 1635)
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.
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
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