PINNACLE INVESTMENT MANAGEMENT GROUP LIMITED (PNI)
Share Price Analysis and Chart

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PNI

PNI - PINNACLE INVESTMENT MANAGEMENT GROUP LIMITED

FNArena Sector : Wealth Management & Investments
Year End: June
GICS Industry Group : Diversified Financials
Debt/EBITDA: 13.11
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$22.00

01 Aug
2025

-0.380

OPEN

$22.02

-1.70%

HIGH

$22.78

325,268

LOW

$21.86

TARGET
$23.625 7.4% upside
Franking for last dividend paid out: 72%
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . BVS . CGF . CVW . DJW . ENN . GDG . GQG . HMC . HUB . IFL . IFT . IRE . KAM . KSL . MAF . MFG . MQG . NGI . NWL . PAC . PPS . PPT . PTM . QAL . RPL . RZI . WHF .
FNARENA'S MARKET CONSENSUS FORECASTS
PNI: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 45.8 65.0 xxx
DPS (cps) xxx 42.0 57.0 xxx
EPS Growth xxx 16.4% 41.9% xxx
DPS Growth xxx 16.7% 35.6% xxx
PE Ratio xxx N/A 33.7 xxx
Dividend Yield xxx N/A 2.6% xxx
Div Pay Ratio(%) xxx 91.7% 87.6% xxx

Dividend yield today if purchased 3 years ago: 3.84%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.92

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 02/09 - ex-div 26.40c (franking 70%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx45.8
DPS All xxxxxxxxxxxxxxx42.0
Sales/Revenue xxxxxxxxxxxxxxx56.6 M
Book Value Per Share xxxxxxxxxxxxxxx235.8
Net Operating Cash Flow xxxxxxxxxxxxxxx76.7 M
Net Profit Margin xxxxxxxxxxxxxxx159.57 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx20.57 %
Return on Invested Capital xxxxxxxxxxxxxxx16.64 %
Return on Assets xxxxxxxxxxxxxxx15.91 %
Return on Equity xxxxxxxxxxxxxxx20.57 %
Return on Total Capital xxxxxxxxxxxxxxx1.25 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx5.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx2 M
Long Term Debt xxxxxxxxxxxxxxx108 M
Total Debt xxxxxxxxxxxxxxx109 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx33 M
Price To Book Value xxxxxxxxxxxxxxx6.01

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx0.0 M
Capex % of Sales xxxxxxxxxxxxxxx0.06 %
Cost of Goods Sold xxxxxxxxxxxxxxx1 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx48 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx154 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.8

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgans

30/05/2025

1

Add

$23.80

8.18%

Morgans marks to market earnings forecast for stocks under coverage in financial services after market moves across April and May.

The broker notes the ASX200 is up circa 7.1% versus the MSCI World in AUD increase of 3.5%, the S&P500 increase of 5.5%, the FTSE increase of 2.3%, and AUDUSD is up by 3.1% for 4Q FY25 year-to-date.

The target for Pinnacle Investment Management remains at $23.80. Add maintained.

FORECAST
Morgans forecasts a full year FY25 dividend of 52.00 cents and EPS of 64.00 cents.
Morgans forecasts a full year FY26 dividend of 64.00 cents and EPS of 69.00 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Wilsons

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Jarden

13/05/2025

2

Overweight

$22.60

2.73%

Jarden raises its target price for Pinnacle Investment Management to $22.60 from $22.05 and retains an Overweight rating, citing strong flows, funds under management (FUM growth), and a robust earnings outlook.

March quarter net inflows of $6.2bn (16% annualised) exceeded both Jarden and consensus expectations, with Australian institutional flows particularly strong at $2.6bn.

FUM rose to $159.9bn, up 1.4% versus Jarden’s estimate, with LifeCycle FUM surging to $4.7bn from $1bn in the prior quarter.

Despite market concerns, 74% of performance fee-eligible FUM is at or near high watermark levels, indicating to Jarden resilience. 

FORECAST
Jarden forecasts a full year FY25 dividend of 58.40 cents and EPS of 62.60 cents.
Jarden forecasts a full year FY26 dividend of 61.80 cents and EPS of 63.90 cents.
Access Extra Coverage Research History >

PNI STOCK CHART

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