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Pinnacle Investment Management Group Limited (AU:PNI)
ASX:PNI

Pinnacle Investment Management Group Limited (PNI) AI Stock Analysis

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AU:PNI

Pinnacle Investment Management Group Limited

(Sydney:PNI)

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Neutral 61 (OpenAI - 4o)
Rating:61Neutral
Price Target:
AU$19.00
▲(15.22% Upside)
Pinnacle Investment Management Group Limited's overall stock score is primarily driven by its strong financial performance, characterized by impressive revenue growth and high profitability margins. However, bearish technical indicators and a relatively high P/E ratio suggest caution. The stock's valuation is somewhat mitigated by a decent dividend yield, but the lack of positive market momentum and expensive valuation weigh on the overall score.
Positive Factors
Revenue Growth
Strong revenue growth indicates robust market performance and effective business strategies, enhancing long-term financial stability and shareholder value.
Profitability Margins
High profitability margins demonstrate effective cost control and pricing power, contributing to sustained financial health and competitive advantage.
Balance Sheet Health
A low debt-to-equity ratio enhances financial stability, providing flexibility for future investments and shielding against economic downturns.
Negative Factors
Free Cash Flow Decline
A decline in free cash flow growth may impact liquidity, limiting the company's ability to reinvest in growth opportunities and meet financial obligations.
Net Profit Margin Anomalies
An unusually high net profit margin could indicate non-recurring items, potentially distorting the true profitability and future earnings predictability.
Free Cash Flow to Net Income Ratio
While conversion of net income into free cash flow is generally positive, the lack of growth in free cash flow may hinder future expansion and financial flexibility.

Pinnacle Investment Management Group Limited (PNI) vs. iShares MSCI Australia ETF (EWA)

Pinnacle Investment Management Group Limited Business Overview & Revenue Model

Company DescriptionPinnacle Investment Management Group Limited (PNI) is an Australian investment management firm that specializes in providing a range of investment solutions across various asset classes, including equities, fixed income, and alternative investments. The company operates through a diverse network of boutique investment managers, each focusing on delivering high-quality, risk-adjusted returns for clients. PNI is committed to aligning its interests with those of its investors and aims to provide innovative and tailored investment strategies to institutional and retail clients.
How the Company Makes MoneyPinnacle Investment Management Group Limited generates revenue primarily through management fees and performance fees from the funds managed by its boutique investment managers. The management fees are typically a percentage of the assets under management (AUM), which provides a steady income stream as long as the AUM remains stable or grows. Performance fees are earned when the investment returns exceed a predefined benchmark, incentivizing the managers to achieve superior performance. Additionally, PNI benefits from partnerships with its investment boutiques, allowing for shared resources and expertise while expanding its reach in the market. The company may also earn revenue from advisory services and other financial products offered to clients, thereby diversifying its income sources.

Pinnacle Investment Management Group Limited Financial Statement Overview

Summary
Pinnacle Investment Management Group Limited demonstrates strong financial health with significant revenue growth and high profitability margins. The balance sheet is robust with low leverage, enhancing financial stability. However, the decline in free cash flow growth poses a potential risk to liquidity, which should be monitored closely.
Income Statement
85
Very Positive
Pinnacle Investment Management Group Limited has shown impressive revenue growth with a 43.28% increase in the latest year, indicating strong market performance. The gross profit margin is exceptionally high at 90.35%, reflecting efficient cost management. However, the net profit margin is unusually high at 177.19%, which may suggest one-time gains or accounting adjustments. EBIT and EBITDA margins are also robust, showcasing operational efficiency.
Balance Sheet
78
Positive
The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.12, indicating low leverage and financial stability. The return on equity is solid at 14.64%, suggesting effective use of shareholder funds. The equity ratio stands at 86.56%, highlighting a strong equity base relative to total assets.
Cash Flow
70
Positive
Cash flow analysis reveals a concerning decline in free cash flow growth at -211.34%, which could impact future liquidity. However, the operating cash flow to net income ratio is strong, indicating good cash generation relative to net income. The free cash flow to net income ratio is nearly 1, suggesting that most of the net income is converted into free cash flow.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue68.65M75.86M47.56M54.21M42.12M32.42M
Gross Profit5.42M68.54M6.78M52.65M39.80M30.04M
EBITDA14.16M146.79M8.35M16.74M7.23M3.69M
Net Income134.43M134.43M90.35M76.47M76.36M67.02M
Balance Sheet
Total Assets1.06B1.06B582.99M552.64M536.76M366.20M
Cash, Cash Equivalents and Short-Term Investments26.56M26.56M184.82M27.62M38.27M96.14M
Total Debt110.36M110.36M109.43M120.49M121.66M102.93M
Total Liabilities142.55M142.55M127.10M130.06M134.57M122.31M
Stockholders Equity918.42M918.42M455.89M422.57M402.18M243.89M
Cash Flow
Free Cash Flow124.01M124.01M76.67M58.78M69.76M53.36M
Operating Cash Flow124.34M124.34M76.70M58.79M71.77M53.41M
Investing Cash Flow-444.38M-444.38M20.16M-6.71M-222.42M-26.24M
Financing Cash Flow314.04M314.04M-91.92M-62.73M92.78M52.89M

Pinnacle Investment Management Group Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price16.49
Price Trends
50DMA
17.85
Negative
100DMA
18.92
Negative
200DMA
19.02
Negative
Market Momentum
MACD
-0.31
Negative
RSI
48.21
Neutral
STOCH
46.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PNI, the sentiment is Positive. The current price of 16.49 is below the 20-day moving average (MA) of 16.87, below the 50-day MA of 17.85, and below the 200-day MA of 19.02, indicating a neutral trend. The MACD of -0.31 indicates Negative momentum. The RSI at 48.21 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PNI.

Pinnacle Investment Management Group Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
AU$5.30B7.43116.22%11.07%25.96%32.30%
71
Outperform
AU$1.59B10.2316.50%6.04%-13.22%-29.69%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
61
Neutral
AU$3.55B26.0919.56%3.56%37.42%38.37%
51
Neutral
AU$3.03B188.380.72%-15.63%
50
Neutral
AU$2.19B-36.30-3.34%6.11%2.87%87.93%
44
Neutral
AU$4.65B25.704.59%1.64%-14.92%179.69%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:PNI
Pinnacle Investment Management Group Limited
16.87
-5.39
-24.21%
AU:AMP
AMP
1.83
0.24
15.14%
AU:IFL
Insignia Financial Ltd
4.54
0.96
26.82%
AU:MFG
Magellan Financial Group Ltd
9.85
-0.41
-4.03%
AU:PPT
Perpetual Limited
18.83
0.13
0.68%
AU:GQG
GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh
1.76
-0.08
-4.35%

Pinnacle Investment Management Group Limited Corporate Events

Pinnacle Investment Updates Personal Trading Policy
Dec 4, 2025

Pinnacle Investment Management Group Limited has announced an update to its Personal Trading Policy in compliance with ASX Listing Rule 12.10. This update reflects the company’s commitment to maintaining transparency and integrity in its trading practices, potentially impacting its operational protocols and reinforcing its industry positioning.

Pinnacle Investment Management Issues New Securities Under Employee Scheme
Nov 21, 2025

Pinnacle Investment Management Group Limited announced the issuance of 50,000 fully paid ordinary securities, which will be quoted on the ASX. This move, part of an employee incentive scheme, signifies the company’s ongoing efforts to engage and reward its workforce, potentially strengthening its market position and aligning employee interests with shareholder value.

Pinnacle Investment Management Announces Director’s Interest Change
Nov 11, 2025

Pinnacle Investment Management Group Limited announced a change in the director’s interest, with Christa Lenard acquiring 968 performance rights in lieu of a portion of director fees under the Omnibus Incentive Plan. This change reflects the company’s ongoing efforts to align director compensation with performance, potentially impacting its governance and stakeholder relations.

Pinnacle Investment Management Issues Performance Rights
Nov 11, 2025

Pinnacle Investment Management Group Limited announced the issuance of 968 performance rights as part of an employee incentive scheme. These unquoted securities are not intended to be listed on the ASX, reflecting the company’s strategy to motivate and retain key personnel, potentially impacting its operational efficiency and market competitiveness.

Pinnacle Investment Management Director Increases Shareholding
Nov 11, 2025

Pinnacle Investment Management Group Limited announced a change in the director’s interest, with Andrew Chambers acquiring an additional 100,000 ordinary shares, increasing his total holdings to 4,453,614 shares. This acquisition, valued at approximately $1.83 million, was executed through the company’s Omnibus Incentive Plan, reflecting a strategic move to align the director’s interests with the company’s growth and performance objectives.

Pinnacle Investment Management Issues New Securities Under Employee Incentive Scheme
Nov 10, 2025

Pinnacle Investment Management Group Limited has announced the issuance of 100,000 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of an employee incentive scheme, reflecting the company’s strategy to motivate and retain talent. The issuance of these securities is expected to enhance Pinnacle’s market position by aligning employee interests with shareholder value, potentially impacting the company’s operational dynamics and stakeholder relationships.

Pinnacle Investment Management Reports Successful AGM Outcomes
Oct 31, 2025

Pinnacle Investment Management Group Limited held its 2025 Annual General Meeting, where all resolutions proposed were successfully carried. Key resolutions included the approval of the remuneration report, re-election of board members, and the issuance of shares under the Omnibus Incentive Plan, indicating strong shareholder support and strategic alignment with the company’s growth objectives.

Pinnacle Investment Management Reports Strong Growth and Strategic Developments at 2025 AGM
Oct 31, 2025

Pinnacle Investment Management Group Limited’s Managing Director addressed the company’s 2025 Annual General Meeting, highlighting key financial outcomes and strategic developments. The company reported strong growth in core earnings and profitability, driven by its strategy of business diversity and robust platform. The introduction of new Affiliates, like Advantage Partners, and the success of existing ones, such as Hyperion, contributed to record net inflows and performance fees. The company remains confident in its growth agenda, emphasizing corporate sustainability and the work of the PNI Foundation.

Pinnacle Investment Management Unveils Growth and Sustainability Plans Ahead of AGM
Oct 30, 2025

Pinnacle Investment Management Group Limited provided a market update ahead of its 2025 Annual General Meeting, highlighting its financial results for FY25 and the latest updates for Q1 FY26. The announcement included the introduction of a new affiliate, Advantage Partners, as part of its growth agenda, emphasizing the company’s commitment to corporate sustainability and its strategic positioning for future expansion.

Pinnacle Investment Issues Unquoted Equity Securities for Employee Incentives
Oct 16, 2025

Pinnacle Investment Management Group Limited announced the issuance of 80,000 unquoted equity securities under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s ongoing efforts to incentivize employees and align their interests with the company’s growth objectives.

Pinnacle Investment Management Appoints New Company Secretary
Oct 13, 2025

Pinnacle Investment Management Group Limited announced the resignation of Mr. Calvin Kwok as Company Secretary, with Mr. Terence Kwong appointed as his successor. Terence, who joined the company in 2017, brings extensive experience in financial services and legal expertise, positioning the company to maintain strong regulatory communications and operational continuity.

Pinnacle Investment Management Announces 2025 AGM Details
Sep 26, 2025

Pinnacle Investment Management Group Limited has announced its 2025 Annual General Meeting (AGM), scheduled for 31 October 2025. The meeting will address several key business items, including the consideration of financial statements, re-election of directors, and issuance of shares under the Omnibus Incentive Plan, highlighting the company’s ongoing governance and strategic initiatives.

Pinnacle Investment Management Announces Quotation of New Securities
Sep 19, 2025

Pinnacle Investment Management Group Limited has announced the quotation of 148,512 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of September 19, 2025. This move is part of a dividend or distribution plan, potentially impacting the company’s market presence and offering stakeholders an opportunity to engage with the company’s financial activities.

Pinnacle Investment Management Announces Quotation of New Securities
Sep 17, 2025

Pinnacle Investment Management Group Limited announced the quotation of 100,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code PNI, effective September 17, 2025. This move signifies the company’s ongoing efforts to enhance its market presence and offer more investment opportunities to its stakeholders.

Pinnacle Investment Management Updates Dividend Distribution Details
Sep 16, 2025

Pinnacle Investment Management Group Limited has updated its previous announcement to notify stakeholders of the currency exchange rate related to its dividend distribution. This update pertains to a dividend distribution for the six-month period ending on June 30, 2025, and reflects the company’s ongoing commitment to transparency in its financial operations.

Pinnacle Investment Updates Dividend Distribution Details
Sep 15, 2025

Pinnacle Investment Management Group Limited has announced an update regarding its dividend distribution for the period ending June 30, 2025. The update specifies the Dividend Reinvestment Plan (DRP) price, which is crucial for stakeholders as it impacts their investment returns and the company’s capital management strategy.

Director’s Interest Change at Pinnacle Investment Management
Sep 12, 2025

Pinnacle Investment Management Group Limited announced a change in the director’s interest, with Christa Lenard acquiring 2,450 ordinary shares through an on-market trade. This acquisition reflects a strategic move in the company’s governance, potentially impacting its market perception and stakeholder confidence.

Pinnacle Investment Management Announces Cessation of Securities
Sep 10, 2025

Pinnacle Investment Management Group Limited announced the cessation of 55,000 ordinary fully paid securities due to a buy-back under an employee share scheme. This move reflects the company’s ongoing capital management strategy and may impact its share capital structure, potentially influencing investor perceptions and market positioning.

Pinnacle Investment Announces Daily Buy-Back Notification
Sep 9, 2025

Pinnacle Investment Management Group Limited has announced a daily buy-back notification for its ordinary fully paid securities, as per the ASX Security Code PNI. This move is part of the company’s strategic financial management efforts, potentially impacting its market positioning and shareholder value.

Pinnacle Investment Announces Share Buy-Back
Sep 9, 2025

Pinnacle Investment Management Group Limited has announced a buy-back of its ordinary fully paid securities, with a total of 55,000 shares proposed to be repurchased. This move is part of the company’s strategic financial management efforts, potentially impacting its share value and providing benefits to its shareholders by returning capital.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 07, 2025