Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Platinum Asset Management's annualized net income for the quarter that ended in Jun. 2025 was €-10.91 Mil. Platinum Asset Management's average shareholder tangible equity for the quarter that ended in Jun. 2025 was €119.96 Mil. Therefore, Platinum Asset Management's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2025 was -9.10%.
The historical rank and industry rank for Platinum Asset Management's Return-on-Tangible-Equity or its related term are showing as below:
FRA:PIJ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.72 Med: 49.4 Max: 415.74
Current: 13.72
During the past 13 years, Platinum Asset Management's highest Return-on-Tangible-Equity was 415.74%. The lowest was 13.72%. And the median was 49.40%.
FRA:PIJ's Return-on-Tangible-Equity is not ranked
in the Asset Management industry.
Industry Median: 7.19
vs FRA:PIJ: 13.72
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Platinum Asset Management Return-on-Tangible-Equity Related Terms
Platinum Asset Management Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Platinum Asset Management's Return-on-Tangible-Equity 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.
FRA:PIJ vs ETV, RQI, ETG: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Platinum Asset Management's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Platinum Asset Management's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Platinum Asset Management's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -9.10% mean?
Platinum Asset Management (FRA:PIJ) has a Return-on-Tangible-Equity of -9.10% as of Jun. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Platinum Asset Management and its competitors. Over the past decade, Platinum Asset Management's Return-on-Tangible-Equity has ranged from 13.72 to 415.74.
Is Platinum Asset Management's Return-on-Tangible-Equity too high?
Platinum Asset Management's current Return-on-Tangible-Equity is -9.10%. Over the past 10 years, this metric has ranged from a low of 13.72 to a high of 415.74. Overall, Platinum Asset Management has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Platinum Asset Management's Return-on-Tangible-Equity compare to ETV and RQI?
Platinum Asset Management's Return-on-Tangible-Equity of -9.10% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Equity is 7.19. Historically, Platinum Asset Management's own Return-on-Tangible-Equity has ranged from 13.72 to 415.74 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 Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.19, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Platinum Asset Management and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Platinum Asset Management's current Return-on-Tangible-Equity is -9.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Platinum Asset Management stock overvalued right now?
Platinum Asset Management (FRA:PIJ) has a current Return-on-Tangible-Equity of -9.10%. The stock's GF Value™ is €0.37, compared to a current price of €0.38 — trading 3.2% above its estimated fair value. The current Return-on-Tangible-Equity is -9.10%. Platinum Asset Management's overall GF Score™ is 12/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Platinum Asset Management (FRA:PIJ), the current Return-on-Tangible-Equity is -9.10% 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.
Is Platinum Asset Management (FRA:PIJ) Overvalued in 2026?
Based on GuruFocus' analysis, Platinum Asset Management stock appears to be overvalued.
The current stock price of €0.38 is trading 3.2% above its estimated GF Value™ of €0.37.
Key valuation signals for FRA:PIJ:
Return-on-Tangible-Equity: -9.10%
GF Value™: €0.37 vs. price of €0.38 (3.2% above fair value)
No single metric tells the full story. See the FRA:PIJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
L1 Group was formed through the strategic merger of two Australian investment management firms: Platinum Asset Management, a Sydney-based international equities manager founded in 1994, and L1 Capital, a Melbourne-based boutique founded in 2007 with diversified capabilities across equities, alternatives, and property investments. The combined entity serves a diverse client base encompassing institutional investors, wholesale clients, high-net-worth individuals, and retail investors across both domestic and international markets. The firm has approximately AUD 17 billion in funds under management as of June 2025.
12GF Score
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