Platinum Asset Management (ASX:PTM) Asset Turnover: 0.26 (As of Jun. 2025)


ASX:PTM Platinum Asset Management Ltd ASX:PTM
12 GF Score
Price A$0.70
GF Value A$0.67
! 3 Warning Signs
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What is Platinum Asset Management Asset Turnover?

Platinum Asset Management ASX:PTM 12 Asset Turnover is 0.26 as of Jun. 2025. GuruFocus rates ASX:PTM with a GF Score™ of 12/100 and a GF Value™ of A$0.67. The stock has 3 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Platinum Asset Management's Revenue for the six months ended in Jun. 2025 was A$62.6 Mil. Platinum Asset Management's Total Assets for the quarter that ended in Jun. 2025 was A$242.0 Mil. Therefore, Platinum Asset Management's Asset Turnover for the quarter that ended in Jun. 2025 was 0.26.

Asset Turnover is linked to ROE % through Du Pont Formula. Platinum Asset Management's annualized ROE % for the quarter that ended in Jun. 2025 was -9.41%. It is also linked to ROA % through Du Pont Formula. Platinum Asset Management's annualized ROA % for the quarter that ended in Jun. 2025 was -7.99%.


Platinum Asset Management  (ASX:PTM) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Platinum Asset Management's annulized ROE % for the quarter that ended in Jun. 2025 is

ROE %**(Q: Jun. 2025 )
=Net Income/Total Stockholders Equity
=-19.336/205.414
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-19.336 / 125.242)*(125.242 / 242.0465)*(242.0465/ 205.414)
=Net Margin %*Asset Turnover*Equity Multiplier
=-15.44 %*0.5174*1.1783
=ROA %*Equity Multiplier
=-7.99 %*1.1783
=-9.41 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 2025) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Platinum Asset Management's annulized ROA % for the quarter that ended in Jun. 2025 is

ROA %(Q: Jun. 2025 )
=Net Income/Total Assets
=-19.336/242.0465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-19.336 / 125.242)*(125.242 / 242.0465)
=Net Margin %*Asset Turnover
=-15.44 %*0.5174
=-7.99 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 2025) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Platinum Asset Management Asset Turnover Related Terms


Platinum Asset Management Asset Turnover Historical Data

* Premium members only.

The historical data trend for Platinum Asset Management's Asset Turnover 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.

Platinum Asset Management Asset Turnover Chart

Platinum Asset Management Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.69 0.61 0.53 0.46

Platinum Asset Management Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Asset Turnover 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 Premium Member Only Premium Member Only 0.31 0.27 0.25 0.25 0.26

ASX:PTM vs ETV, RQI, ETG: Asset Turnover Comparison

For the Asset Management subindustry, Platinum Asset Management's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Asset Management Industry

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

* The bar in red indicates where Platinum Asset Management's Asset Turnover falls into.


ASX:PTM
12GF Score
Platinum Asset Management Ltd ASX:PTM
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Platinum Asset Management Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Platinum Asset Management's Asset Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=135.931/( (346.207+249.392)/ 2 )
=135.931/297.7995
=0.46

Platinum Asset Management's Asset Turnover for the quarter that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Jun. 2025 ))/ count )
=62.621/( (234.701+249.392)/ 2 )
=62.621/242.0465
=0.26

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.26 mean?
Platinum Asset Management (ASX:PTM) has a Asset Turnover of 0.26 as of Jun. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Platinum Asset Management and its competitors.
Is Platinum Asset Management's Asset Turnover too high?
Platinum Asset Management's current Asset Turnover is 0.26. 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 Asset Turnover compare to ETV and RQI?
Platinum Asset Management's Asset Turnover of 0.26 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Asset Management company?
A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Platinum Asset Management and its competitors. Platinum Asset Management's current Asset Turnover is 0.26. 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 (ASX:PTM) has a current Asset Turnover of 0.26. The stock's GF Value™ is A$0.67, compared to a current price of A$0.70 — trading 3.7% above its estimated fair value. The current Asset Turnover is 0.26. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Platinum Asset Management (ASX:PTM), the current Asset Turnover is 0.26 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 (ASX:PTM) Overvalued in 2026?

Based on GuruFocus' analysis, Platinum Asset Management stock appears to be overvalued. The current stock price of A$0.70 is trading 3.7% above its estimated GF Value™ of A$0.67.

Key valuation signals for ASX:PTM:

  • Asset Turnover: 0.26
  • GF Value™: A$0.67 vs. price of A$0.70 (3.7% above fair value)
  • GF Score™: 12/100 with 3 warning signs

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


Platinum Asset Management Business Description

Address Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000
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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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.70
Price
A$0.67
GF Value