Pinnacle Investment Management Group Ltd (PNI) - Net Assets

Latest as of June 2026: AU$1.16 Billion AUD ≈ $817.37 Million USD

Based on the latest financial reports, Pinnacle Investment Management Group Ltd (PNI) has net assets worth AU$1.16 Billion AUD (≈ $817.37 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.49 Billion ≈ $1.05 Billion USD) and total liabilities (AU$331.46 Million ≈ $234.53 Million USD). 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. Check PNI PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$1.16 Billion
% of Total Assets	77.7%
Annual Growth Rate	-1.7%
5-Year Change	187.23%
10-Year Change	1426.82%
Growth Volatility	43.37

Pinnacle Investment Management Group Ltd - Net Assets Trend (1996–2026)

This chart illustrates how Pinnacle Investment Management Group Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Pinnacle Investment Management Group Ltd worth.

Annual Net Assets for Pinnacle Investment Management Group Ltd (1996–2026)

The table below shows the annual net assets of Pinnacle Investment Management Group Ltd from 1996 to 2026. Also explore Pinnacle Investment Management Group Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-06-30	AU$1.16 Billion ≈ $817.37 Million	+25.78%
2025-06-30	AU$918.42 Million ≈ $649.84 Million	+101.45%
2024-06-30	AU$455.89 Million ≈ $322.57 Million	+7.89%
2023-06-30	AU$422.57 Million ≈ $299.00 Million	+5.07%
2022-06-30	AU$402.18 Million ≈ $284.57 Million	+64.90%
2021-06-30	AU$243.89 Million ≈ $172.57 Million	+29.35%
2020-06-30	AU$188.55 Million ≈ $133.41 Million	+6.49%
2019-06-30	AU$177.05 Million ≈ $125.28 Million	+80.49%
2018-06-30	AU$98.10 Million ≈ $69.41 Million	+29.66%
2017-06-30	AU$75.66 Million ≈ $53.53 Million	+52.59%
2016-06-30	AU$49.58 Million ≈ $35.08 Million	+11.50%
2015-06-30	AU$44.47 Million ≈ $31.47 Million	-18.32%
2014-06-30	AU$54.45 Million ≈ $38.52 Million	+13.41%
2013-06-30	AU$48.01 Million ≈ $33.97 Million	-1.14%
2012-06-30	AU$48.56 Million ≈ $34.36 Million	-13.73%
2011-06-30	AU$56.29 Million ≈ $39.83 Million	-11.44%
2010-06-30	AU$63.56 Million ≈ $44.97 Million	-7.10%
2009-06-30	AU$68.42 Million ≈ $48.41 Million	+4.75%
2008-06-30	AU$65.32 Million ≈ $46.22 Million	+10.34%
2007-06-30	AU$59.20 Million ≈ $41.89 Million	+102.76%
2006-06-30	AU$29.20 Million ≈ $20.66 Million	+103.30%
2005-06-30	AU$14.36 Million ≈ $10.16 Million	+6.62%
2004-06-30	AU$13.47 Million ≈ $9.53 Million	-99.31%
1999-06-30	AU$1.94 Billion ≈ $1.37 Billion	-11.42%
1998-06-30	AU$2.19 Billion ≈ $1.55 Billion	+9.10%
1997-06-30	AU$2.01 Billion ≈ $1.42 Billion	+4.01%
1996-06-30	AU$1.93 Billion ≈ $1.37 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 79.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2026)

Component	Amount	Percentage
Retained Earnings	AU$120.33 Million	10.42%
Common Stock	AU$1.18 Billion	102.28%
Other Comprehensive Income	AU$-27.55 Million	-2.38%
Total Equity	AU$1.16 Billion	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
Hebei Huatong Wires and Cables Group Co. Ltd. SHG:605196	$2.33 Billion
Wallenstam AB (publ) ST:WALL-B	$2.33 Billion
Bank of Xi'An Co Ltd SHG:600928	$2.33 Billion
Jizhong Energy Resources Co Ltd SHE:000937	$2.33 Billion
Newmark Group Inc NASDAQ:NMRK	$2.32 Billion
Zhuhai Bojay Electronics Co Ltd SHE:002975	$2.32 Billion
Suzhou Secote Precision Electronic Co Ltd Class A SHG:603283	$2.32 Billion
DL E&C Co Ltd KO:375500	$2.32 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 2025 to 2026, total equity changed from 918,417,000 to 1,155,193,000, a change of 236,776,000 (25.8%).
Net income of 176,712,000 contributed positively to equity growth.
Dividend payments of 121,874,000 reduced retained earnings.
New share issuances of 366,000 increased equity.
Other comprehensive income increased equity by 8,183,000.
Other factors increased equity by 173,389,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	AU$176.71 Million	+15.3%
Dividends Paid	AU$121.87 Million	-10.55%
Share Issuances	AU$366.00K	+0.03%
Other Comprehensive Income	AU$8.18 Million	+0.71%
Other Changes	AU$173.39 Million	+15.01%
Total Change	AU$-	25.78%

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: 2.67x
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 50.57x to 2.67x 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$13.65	x
2007-06-30	AU$0.68	AU$13.65	x
2008-06-30	AU$0.65	AU$13.65	x
2009-06-30	AU$0.68	AU$13.65	x
2010-06-30	AU$0.62	AU$13.65	x
2011-06-30	AU$0.54	AU$13.65	x
2012-06-30	AU$0.46	AU$13.65	x
2013-06-30	AU$0.45	AU$13.65	x
2014-06-30	AU$0.49	AU$13.65	x
2015-06-30	AU$0.38	AU$13.65	x
2016-06-30	AU$0.39	AU$13.65	x
2017-06-30	AU$0.48	AU$13.65	x
2018-06-30	AU$0.56	AU$13.65	x
2019-06-30	AU$0.99	AU$13.65	x
2020-06-30	AU$1.05	AU$13.65	x
2021-06-30	AU$1.33	AU$13.65	x
2022-06-30	AU$2.08	AU$13.65	x
2023-06-30	AU$2.15	AU$13.65	x
2024-06-30	AU$2.30	AU$13.65	x
2025-06-30	AU$4.26	AU$13.65	x
2026-06-30	AU$5.10	AU$13.65	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): 15.30%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 185.57%
• Asset Turnover: 0.06x
• Equity Multiplier: 1.29x
Recent ROE (15.30%) is below the historical average (15.63%), 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
2026	15.30%	185.57%	0.06x	1.29x	AU$61.19 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: $791,481,820
Average return on equity (ROE) among peers: -4.47%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Pinnacle Investment Management Group Ltd (PNI)	AU$1.16 Billion	13.69%	0.29x	$2.33 Billion
Acorn Capital Investment Fund Ltd (ACQ)	$66.61 Million	17.87%	0.11x	$56.77 Million
Australian Ethical Investment Ltd (AEF)	$6.71 Million	6.00%	0.29x	$324.58 Million
Australian Foundation Investment Company Ltd (AFI)	$2.48 Billion	4.15%	0.01x	$5.83 Billion
Alternative Investment Trust (AIQ)	$47.85 Million	-0.38%	0.00x	$33.44 Million
Argo Global Listed Infrastructure Ltd (ALI)	$400.44 Million	7.46%	0.05x	$331.91 Million
Amcil Ltd (AMH)	$335.34 Million	2.02%	0.15x	$199.18 Million
Associate Global Partners Ltd (APL)	$10.90 Million	-47.77%	0.35x	$10.38 Million
Ariadne Australia Ltd (ARA)	$150.46 Million	-1.94%	0.04x	$63.94 Million
ARC Funds Ltd (ARC)	$5.68 Million	-37.27%	0.47x	$3.50 Million
Argo Investments Ltd (ARG)	$4.41 Billion	5.17%	0.14x	$4.90 Billion

About Pinnacle Investment Management Group Ltd

AU:PNI Australia Asset Management

Market Cap

$2.33 Billion

AU$3.29 Billion AUD

Market Cap Rank

#5643 Global

#133 in Australia

Share Price

AU$13.65

Change (1 day)

-1.30%

52-Week Range

AU$12.72 - AU$20.51

All Time High

AU$26.04