PLATINUM ASSET MANAGEMENT LIMITED (PTM)
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PTM - PLATINUM ASSET MANAGEMENT LIMITED

FNArena Sector : Wealth Management & Investments
Year End: June
GICS Industry Group : Diversified Financials
Index: ASX200 | ASX300 | ALL-ORDS

Platinum Asset Management is an Australian fund manager focussing on international equity investments. It has been listed since 2007. Founder Kerr Neilson, sometimes referred to as the Australian Warren Buffett, officially left the business in August 2020.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.55

03 Mar
2021

-0.060

OPEN

$4.61

-1.30%

HIGH

$4.61

1,066,233

LOW

$4.49

TARGET
$4.02 -11.6% downside
Franking for last dividend paid out: 100%
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MARKET CONSENSUS FORECAST
PTM: 1
Title FY19
Actual		 FY20
Actual		 FY21
Forecast		 FY22
Forecast
EPS (cps) xxx 26.8 26.0 xxx
DPS (cps) xxx 24.0 24.6 xxx
EPS Growth xxx - 1.0% - 2.8% xxx
DPS Growth xxx - 11.1% 2.5% xxx
PE Ratio xxx N/A 17.3 xxx
Dividend Yield xxx N/A 5.5% xxx
Div Pay Ratio(%) xxx 89.7% 94.6% xxx

Dividend yield today if purchased 3 years ago: 3.91%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.32

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 02/03 - 12c (100%)

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.4

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Credit Suisse

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

$xx.xx

xx.xx%

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Citi

24/02/2021

3

Neutral

$4.20

-7.69%

Platinum Asset Management's FY21 first-half result beat the broker by nearly 50% at the headline level, but only 3% underlying.

Citi believes the company is on the path to recovery but says it may take a bit more time with the medium-term outlook still cloudy, and improved net fund outlows will be key.

Target price rises to $4.20 from $3.90. Neutral rating retained.

FORECAST
Citi forecasts a full year FY21 dividend of 24.00 cents and EPS of 27.80 cents.
Citi forecasts a full year FY22 dividend of 25.00 cents and EPS of 26.00 cents.

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
Access Stockbroker Research History >

PTM STOCK CHART

FNArena News on PTM

1
Rudi’s View: A February For The Record Books

Mar 04 2021 - Rudi's View
2
FNArena Corporate Results Monitor – 25-02-2021

Feb 25 2021 - Australia
3
Rudi’s View: A February Full Of Promise

Feb 12 2021 - Rudi's View
4
Weekly Ratings, Targets, Forecast Changes – 15-01-21

Jan 18 2021 - Weekly Reports
5
November In Review: ASX Soars As Value Outperforms Growth

Dec 07 2020 - Australia

Latest Wealth Management & Investments News

1
LICs In Australia: Impact & Recovery From Covid

Mar 03 2021 - Australia
2
AMP To Reinvigorate Private Markets

Mar 03 2021 - Australia
3
Playing The Listed Bitcoin Game

Feb 26 2021 - Weekly Reports
4
Makeover Of The Investment Platform Sector

Feb 18 2021 - Weekly Reports
5
Macquarie Breaks Out

Feb 09 2021 - Technicals
6
Treasure Chest: Magellan Sailing Into Rough Waters?

Nov 25 2020 - Treasure Chest
7
FY22 Should Reinvigorate Macquarie Group

Nov 11 2020 - Australia
8
Software Upgrades Vital For Wealth Sector

Nov 10 2020 - Australia
9
Pendal Group Investing To Drive Growth

Nov 06 2020 - Australia
10
Monthly Listed Invested Trust Report – October 2020

Nov 02 2020 - Australia