Plato Income Maximiser Ltd
Plato Income Maximiser Limited is a privately owned investment manager. The firm provides its services to SMSF and pension-phase investors. It invests in public equity markets of Australia. The firm invests in diversified portfolio of Australian shares with an income focus. Plato Income Maximiser Limited was founded on April 21, 2017 and is based in New South Wales, Australia.
Plato Income Maximiser Ltd (PL8) - Net Assets
Latest net assets as of December 2025: AU$860.23 Million AUD
Based on the latest financial reports, Plato Income Maximiser Ltd (PL8) has net assets worth AU$860.23 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$870.37 Million) and total liabilities (AU$10.14 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$860.23 Million |
| % of Total Assets | 98.84% |
| Annual Growth Rate | 12.13% |
| 5-Year Change | 76.67% |
| 10-Year Change | N/A |
| Growth Volatility | 10.15 |
Plato Income Maximiser Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Plato Income Maximiser Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Plato Income Maximiser Ltd (2016–2025)
The table below shows the annual net assets of Plato Income Maximiser Ltd from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$856.50 Million | +4.15% |
| 2024-06-30 | AU$822.33 Million | +20.72% |
| 2023-06-30 | AU$681.20 Million | +17.93% |
| 2022-06-30 | AU$577.63 Million | +19.15% |
| 2021-06-30 | AU$484.81 Million | +12.04% |
| 2020-06-30 | AU$432.73 Million | +30.17% |
| 2019-06-30 | AU$332.44 Million | +1.28% |
| 2018-06-30 | AU$328.23 Million | +1.41% |
| 2017-06-30 | AU$323.67 Million | -0.09% |
| 2016-12-31 | AU$323.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Plato Income Maximiser Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 10771800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$811.37 Million | 94.73% |
| Other Comprehensive Income | AU$152.85 Million | 17.85% |
| Total Equity | AU$856.50 Million | 100.00% |
Plato Income Maximiser Ltd Competitors by Market Cap
The table below lists competitors of Plato Income Maximiser Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HHC Changzhou Corp.
SHE:301061
|
$650.85 Million |
|
Cobram Estate Olives Ltd
AU:CBO
|
$650.87 Million |
|
AICHI STEEL CORP.
F:8T2
|
$650.94 Million |
|
Inspur Software Co Ltd
SHG:600756
|
$651.06 Million |
|
Gerresheimer AG
PINK:GRRMY
|
$650.59 Million |
|
SKAN Group AG
SW:SKAN
|
$650.24 Million |
|
Tilaknagar Industries Limited
NSE:TI
|
$650.17 Million |
|
Syrma SGS Technology Limited
NSE:SYRMA
|
$650.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Plato Income Maximiser Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 822,332,000 to 856,498,000, a change of 34,166,000 (4.2%).
- Net income of 83,577,000 contributed positively to equity growth.
- Dividend payments of 49,411,000 reduced retained earnings.
- Other comprehensive income increased equity by 34,166,000.
- Other factors decreased equity by 34,166,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$83.58 Million | +9.76% |
| Dividends Paid | AU$49.41 Million | -5.77% |
| Other Comprehensive Income | AU$34.17 Million | +3.99% |
| Other Changes | AU$-34.17 Million | -3.99% |
| Total Change | AU$- | 4.15% |
Book Value vs Market Value Analysis
This analysis compares Plato Income Maximiser Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.25x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.49x to 1.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | AU$0.58 | AU$1.44 | x |
| 2018-06-30 | AU$0.58 | AU$1.44 | x |
| 2019-06-30 | AU$0.99 | AU$1.44 | x |
| 2020-06-30 | AU$0.77 | AU$1.44 | x |
| 2021-06-30 | AU$0.86 | AU$1.44 | x |
| 2022-06-30 | AU$1.03 | AU$1.44 | x |
| 2023-06-30 | AU$1.08 | AU$1.44 | x |
| 2024-06-30 | AU$1.18 | AU$1.44 | x |
| 2025-06-30 | AU$1.14 | AU$1.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Plato Income Maximiser Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.76%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 168.15%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.01x
- Recent ROE (9.76%) is above the historical average (6.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.53% | 52.98% | 0.01x | 1.00x | AU$-30.67 Million |
| 2018 | 5.82% | 88.16% | 0.07x | 1.00x | AU$-13.72 Million |
| 2019 | 10.41% | 90.47% | 0.12x | 1.00x | AU$1.38 Million |
| 2020 | 4.96% | 84.36% | 0.06x | 1.00x | AU$-21.79 Million |
| 2021 | 15.06% | 73.56% | 0.20x | 1.01x | AU$24.54 Million |
| 2022 | -2.23% | 0.00% | -0.07x | 1.00x | AU$-70.63 Million |
| 2023 | 8.42% | 80.93% | 0.10x | 1.00x | AU$-10.76 Million |
| 2024 | 8.02% | 77.71% | 0.10x | 1.00x | AU$-16.29 Million |
| 2025 | 9.76% | 168.15% | 0.06x | 1.01x | AU$-2.07 Million |
Industry Comparison
This section compares Plato Income Maximiser Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $589,126,514
- Average return on equity (ROE) among peers: -25.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Plato Income Maximiser Ltd (PL8) | AU$860.23 Million | 0.53% | 0.01x | $650.64 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $52.17 Million | 4.80% | 0.04x | $5.49K |
| Australian Ethical Investment Ltd (AEF) | $20.82 Million | 45.43% | 0.62x | $241.24 Million |
| Australian Foundation Investment Company Ltd (AFI) | $3.98 Billion | 4.62% | 0.15x | $5.08 Billion |
| Alternative Investment Trust (AIQ) | $281.69 Million | 15.05% | 0.96x | $8.06K |
| Argo Global Listed Infrastructure Ltd (ALI) | $320.48 Million | -2.91% | 0.03x | $13.82K |
| Amcil Ltd (AMH) | $128.23 Million | 0.00% | 0.02x | $137.06 Million |
| Associate Global Partners Ltd (APL) | $6.41 Million | -310.27% | 0.73x | $1.95 Million |
| Ariadne Australia Ltd (ARA) | $59.71 Million | 8.64% | 0.74x | $17.16 Million |
| ARC Funds Ltd (ARC) | $2.90 Million | -21.10% | 0.01x | $1.21 Million |
| Australian United Investment Company Ltd (AUI) | $1.04 Billion | 5.35% | 0.27x | $395.51 Million |