Pinnacle Investment Management Group Ltd

AU:PNI Australia Asset Management
Market Cap
$1.92 Billion
AU$3.09 Billion AUD
Market Cap Rank
#6203 Global
#59 in Australia
Share Price
AU$13.55
Change (1 day)
-1.31%
52-Week Range
AU$13.55 - AU$25.33
All Time High
AU$26.04
Categories
Companies in Australia Asset Management Banking & Financial
About

Pinnacle Investment Management Group Limited operates as an investment management company in Australia. The company offers third party distribution, and fund infrastructure and support services to its affiliates and various investment managers. It also operates as a corporate trustee and responsible entity for retail and wholesale investment trusts. The company was formerly known as Wilson Group … Read more

Pinnacle Investment Management Group Ltd (PNI) - Net Assets

Latest net assets as of December 2025: AU$933.86 Million AUD

Based on the latest financial reports, Pinnacle Investment Management Group Ltd (PNI) has net assets worth AU$933.86 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$1.07 Billion) and total liabilities (AU$133.68 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$933.86 Million
% of Total Assets 87.48%
Annual Growth Rate -2.53%
5-Year Change 276.57%
10-Year Change 1752.28%
Growth Volatility 44.21

Pinnacle Investment Management Group Ltd - Net Assets Trend (1996–2025)

This chart illustrates how Pinnacle Investment Management Group 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 Pinnacle Investment Management Group Ltd (1996–2025)

The table below shows the annual net assets of Pinnacle Investment Management Group Ltd from 1996 to 2025.

Year Net Assets Change
2025-06-30 AU$918.42 Million +101.45%
2024-06-30 AU$455.89 Million +7.89%
2023-06-30 AU$422.57 Million +5.07%
2022-06-30 AU$402.18 Million +64.90%
2021-06-30 AU$243.89 Million +29.35%
2020-06-30 AU$188.55 Million +6.49%
2019-06-30 AU$177.05 Million +80.49%
2018-06-30 AU$98.10 Million +29.66%
2017-06-30 AU$75.66 Million +52.59%
2016-06-30 AU$49.58 Million +11.50%
2015-06-30 AU$44.47 Million -18.32%
2014-06-30 AU$54.45 Million +13.41%
2013-06-30 AU$48.01 Million -1.14%
2012-06-30 AU$48.56 Million -13.73%
2011-06-30 AU$56.29 Million -11.44%
2010-06-30 AU$63.56 Million -7.10%
2009-06-30 AU$68.42 Million +4.75%
2008-06-30 AU$65.32 Million +10.34%
2007-06-30 AU$59.20 Million +102.76%
2006-06-30 AU$29.20 Million +103.30%
2005-06-30 AU$14.36 Million +6.62%
2004-06-30 AU$13.47 Million -99.31%
1999-06-30 AU$1.94 Billion -11.42%
1998-06-30 AU$2.19 Billion +9.10%
1997-06-30 AU$2.01 Billion +4.01%
1996-06-30 AU$1.93 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Pinnacle Investment Management Group 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 87.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$71.08 Million 7.74%
Common Stock AU$952.57 Million 103.72%
Other Comprehensive Income AU$-35.73 Million -3.89%
Total Equity AU$918.42 Million 100.00%

Pinnacle Investment Management Group Ltd Competitors by Market Cap

The table below lists competitors of Pinnacle Investment Management Group Ltd ranked by their market capitalization.

Company Market Cap
Innodata Inc
NASDAQ:INOD
 		$1.35 Billion
Infinera Corporation
NASDAQ:INFN
 		$1.35 Billion
Xenia Hotels & Resorts Inc
NYSE:XHR
 		$1.35 Billion
Zhejiang Shenghua Biok Biology Co Ltd
SHG:600226
 		$1.35 Billion
Apollo Commercial Real Estate Finance Inc
NYSE:ARI
 		$1.35 Billion
Mabuchi Motor Co Ltd
PINK:MBUMY
 		$1.35 Billion
ADIENT PLC DL-001
F:18I
 		$1.35 Billion
Nippon Kayaku Co. Ltd
F:NP7
 		$1.35 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pinnacle Investment Management Group Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 455,894,000 to 918,417,000, a change of 462,523,000 (101.5%).
  • Net income of 134,427,000 contributed positively to equity growth.
  • Dividend payments of 125,475,000 reduced retained earnings.
  • Share repurchases of 441,766,000 reduced equity.
  • New share issuances of 441,766,000 increased equity.
  • Other comprehensive income increased equity by 4,169,000.
  • Other factors increased equity by 449,402,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$134.43 Million +14.64%
Dividends Paid AU$125.47 Million -13.66%
Share Repurchases AU$441.77 Million -48.1%
Share Issuances AU$441.77 Million +48.1%
Other Comprehensive Income AU$4.17 Million +0.45%
Other Changes AU$449.40 Million +48.93%
Total Change AU$- 101.45%

Book Value vs Market Value Analysis

This analysis compares Pinnacle Investment Management Group 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: 3.18x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 50.20x to 3.18x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-06-30 AU$0.27 AU$13.55 x
2007-06-30 AU$0.68 AU$13.55 x
2008-06-30 AU$0.65 AU$13.55 x
2009-06-30 AU$0.68 AU$13.55 x
2010-06-30 AU$0.62 AU$13.55 x
2011-06-30 AU$0.54 AU$13.55 x
2012-06-30 AU$0.46 AU$13.55 x
2013-06-30 AU$0.45 AU$13.55 x
2014-06-30 AU$0.49 AU$13.55 x
2015-06-30 AU$0.38 AU$13.55 x
2016-06-30 AU$0.39 AU$13.55 x
2017-06-30 AU$0.48 AU$13.55 x
2018-06-30 AU$0.56 AU$13.55 x
2019-06-30 AU$0.99 AU$13.55 x
2020-06-30 AU$1.05 AU$13.55 x
2021-06-30 AU$1.33 AU$13.55 x
2022-06-30 AU$2.08 AU$13.55 x
2023-06-30 AU$2.15 AU$13.55 x
2024-06-30 AU$2.30 AU$13.55 x
2025-06-30 AU$4.26 AU$13.55 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pinnacle Investment Management Group 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): 14.64%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 177.19%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 1.16x
  • Recent ROE (14.64%) is below the historical average (15.64%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 13.69% 8.52% 0.84x 1.92x AU$69.56 Million
1997 10.91% 6.84% 0.85x 1.87x AU$18.02 Million
1998 8.55% 5.16% 1.04x 1.59x AU$-31.30 Million
1999 12.00% 5.97% 1.02x 1.96x AU$38.10 Million
2004 45.45% 11.05% 0.73x 5.65x AU$4.77 Million
2005 92.29% 16.15% 0.92x 6.23x AU$11.82 Million
2006 38.99% 11.85% 0.78x 4.21x AU$8.14 Million
2007 31.49% 21.14% 0.35x 4.31x AU$11.55 Million
2008 18.69% 15.31% 0.41x 2.99x AU$5.59 Million
2009 3.22% 3.36% 0.06x 14.90x AU$-4.60 Million
2010 -12.01% -10.32% 0.09x 12.69x AU$-13.85 Million
2011 -9.55% -7.76% 0.18x 6.79x AU$-10.89 Million
2012 -15.88% -15.78% 0.41x 2.43x AU$-12.39 Million
2013 -3.50% -3.55% 0.63x 1.56x AU$-6.31 Million
2014 9.24% 11.04% 0.57x 1.47x AU$-392.10K
2015 -22.03% -358.83% 0.04x 1.57x AU$-13.03 Million
2016 10.52% 147.50% 0.05x 1.35x AU$223.90K
2017 17.31% 119.33% 0.13x 1.08x AU$5.53 Million
2018 23.93% 141.92% 0.16x 1.07x AU$13.67 Million
2019 17.25% 144.62% 0.11x 1.05x AU$12.84 Million
2020 17.08% 152.53% 0.09x 1.28x AU$13.35 Million
2021 27.48% 206.71% 0.09x 1.50x AU$42.63 Million
2022 18.99% 181.29% 0.08x 1.33x AU$36.15 Million
2023 18.10% 141.07% 0.10x 1.31x AU$34.21 Million
2024 19.82% 189.97% 0.08x 1.28x AU$44.76 Million
2025 14.64% 177.19% 0.07x 1.16x AU$42.59 Million

Industry Comparison

This section compares Pinnacle Investment Management Group Ltd's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $595,318,213
  • Average return on equity (ROE) among peers: -16.44%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Pinnacle Investment Management Group Ltd (PNI) AU$933.86 Million 13.69% 0.14x $1.35 Billion
Acorn Capital Investment Fund Ltd (ACQ) $62.59 Million -0.91% 0.05x $5.66K
Australian Ethical Investment Ltd (AEF) $15.31 Million 33.19% 0.51x $246.59 Million
Australian Foundation Investment Company Ltd (AFI) $550.00 Million -7.60% 0.60x $5.08 Billion
Alternative Investment Trust (AIQ) $0.00 0.00% 0.00x $8.56K
Argo Global Listed Infrastructure Ltd (ALI) $320.48 Million -2.91% 0.03x $14.28K
Amcil Ltd (AMH) $4.19 Billion 0.16% 0.93x $140.07 Million
Associate Global Partners Ltd (APL) $7.25 Million -140.95% 0.39x $1.91 Million
Ariadne Australia Ltd (ARA) $97.84 Million -68.65% 2.50x $17.16 Million
ARC Funds Ltd (ARC) $1.75 Million 18.19% 0.21x $1.29 Million
Australian United Investment Company Ltd (AUI) $705.03 Million 5.03% 0.28x $394.78 Million