Platinum Asset Management Ltd (AU:L1G)
ASX:L1G
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L1G Stock Chart & Stats
AU$1.10
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Market closed
AU$1.10
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Day’s Range― - ―
52-Week RangeAU$0.45 - AU$1.30
Previous CloseN/A
VolumeN/A
Average Volume (3M)3.44M
Market Cap
AU$2.65B
Enterprise ValueAU$372.77M
Total Cash (Recent Filing)AU$254.29M
Total Debt (Recent Filing)AU$33.40M
Price to Earnings (P/E)7.6
Beta1.20
Next Earnings
Sep 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield23.72%
Share Statistics
EPS (TTM)<0.01
Shares Outstanding2,566,551,500
10 Day Avg. Volume3,774,923
30 Day Avg. Volume3,435,326
Financial Highlights & Ratios
PEG Ratio-0.49
Price to Book (P/B)1.25
Price to Sales (P/S)1.88
P/FCF Ratio5.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.17Price Target Upside6.36% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.06
Revenue Forecast (FY)AU$461.83M
Bulls Say, Bears Say
Bulls Say
Durable Active Management ModelPlatinum's core active management model and multi-channel distribution (retail, institutional, platforms) provide durable fee-generating relationships and client access. That structural distribution mix supports long-term AUM acquisition and retention essential for recurring management fees.
Low Financial LeverageA 0.05 debt/equity ratio gives the firm strong solvency and flexibility. Low leverage reduces default and refinancing risk, enabling the company to withstand market drawdowns, support redemptions, and allocate capital to product development or client servicing without pressure from debt servicing.
Strong Operating Cash GenerationOCF at roughly twice net income signals earnings quality and reliable cash conversion. Sustainable operating cash supports dividend payments, operational costs, and strategic initiatives even when reported profits are volatile, enhancing long-term financial resilience.
Bears Say
Declining Revenue & MarginsA 13% revenue decline and collapse in net margins to ~4.5% reflect structural pressure on fee income or worsening performance-linked fees. For an asset manager, sustained revenue and margin erosion directly undermines fee cashflows and scalability of the business model over months to years.
Eroding Return On EquityROE falling from nearly 48% to under 3% signals a material loss of capital efficiency and profitability. This deterioration reduces shareholder returns and indicates the business is generating far less economic profit per equity dollar, a concerning structural trend for long-term value creation.
Weak Free Cash Flow ConversionMinimal FCF growth and a falling FCF-to-income ratio indicate the company is struggling to convert earnings into discretionary cash. That limits capacity for reinvestment, dividend sustainability, or balance sheet actions and reduces buffer against prolonged AUM outflows or market stress.
Platinum Asset Management Ltd News
L1G FAQ
What was Platinum Asset Management Ltd’s price range in the past 12 months?
Platinum Asset Management Ltd lowest share price was AU$0.45 and its highest was AU$1.30 in the past 12 months.
What is Platinum Asset Management Ltd’s market cap?
Platinum Asset Management Ltd’s market cap is AU$2.65B.
When is Platinum Asset Management Ltd’s upcoming earnings report date?
Platinum Asset Management Ltd’s upcoming earnings report date is Sep 02, 2026 which is in 91 days.
How were Platinum Asset Management Ltd’s earnings last quarter?
Platinum Asset Management Ltd released its earnings results on Feb 24, 2026. The company reported AU$0.028 earnings per share for the quarter, beating the consensus estimate of AU$0.023 by AU$0.005.
Is Platinum Asset Management Ltd overvalued?
According to Wall Street analysts Platinum Asset Management Ltd’s price is currently Undervalued.
Does Platinum Asset Management Ltd pay dividends?
Platinum Asset Management Ltd pays a Quarterly dividend of AU$0.015 which represents an annual dividend yield of 23.72%. See more information on Platinum Asset Management Ltd dividends here
What is Platinum Asset Management Ltd’s EPS estimate?
Platinum Asset Management Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Platinum Asset Management Ltd have?
Platinum Asset Management Ltd has 2,566,551,500 shares outstanding.
What happened to Platinum Asset Management Ltd’s price movement after its last earnings report?
Platinum Asset Management Ltd reported an EPS of AU$0.028 in its last earnings report, beating expectations of AU$0.023. Following the earnings report the stock price went up 1.186%.
Which hedge fund is a major shareholder of Platinum Asset Management Ltd?
Currently, no hedge funds are holding shares in AU:L1G
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Platinum Asset Management Ltd Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
AU$1.17 (6.36% Upside)
AU$1.17 (6.36% Upside)
Blogger Sentiment
Neutral
AU:L1G Sentiment 50%
Sector Average ―
Sector Average ―
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.87%
12-Months-Change
Fundamentals
Return on Equity
58.96%
Trailing 12-Months
Asset Growth
371.33%
Trailing 12-Months
Company Description
Platinum Asset Management Ltd
A global investment manager listed in Australia, formed through the merger of L1 Capital and Platinum Asset Management. The firm runs strategies including long/short equities, global & regional equities, real assets, and alternative investments.
L1G Stock 12 Month Forecast
Average Price Target
AU$1.17
▲(6.36% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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