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

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PNI - PINNACLE INVESTMENT MANAGEMENT GROUP LIMITED

FNArena Sector : Wealth Management & Investments
Year End: June
GICS Industry Group : Diversified Financials
Debt/EBITDA: 7.2
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$9.25

06 Dec
2023

0.250

OPEN

$9.10

2.78%

HIGH

$9.33

402,867

LOW

$9.05

TARGET
$9.578 3.5% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . AVC . BVS . CGF . CVW . ENN . GDC . GDG . GQG . HMC . HUB . IFL . IRE . JHG . KAM . KSL . LNK . MAF . MFG . MQG . NGI . NWL . PAC . PPS . PPT . PTM . QAL . RPL . RZI .
FNARENA'S MARKET CONSENSUS FORECASTS
PNI: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 39.4 39.7 xxx
DPS (cps) xxx 36.0 35.1 xxx
EPS Growth xxx - 2.1% 0.9% xxx
DPS Growth xxx 2.9% - 2.4% xxx
PE Ratio xxx N/A 24.0 xxx
Dividend Yield xxx N/A 3.7% xxx
Div Pay Ratio(%) xxx 91.5% 88.5% xxx

Dividend yield today if purchased 3 years ago: 6.08%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.77

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: 28/08 - ex-div 20.4c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx39.4
DPS All xxxxxxxxxxxxxxx36.0
Sales/Revenue xxxxxxxxxxxxxxx54.2 M
Book Value Per Share xxxxxxxxxxxxxxx217.1
Net Operating Cash Flow xxxxxxxxxxxxxxx58.8 M
Net Profit Margin xxxxxxxxxxxxxxx141.07 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx18.54 %
Return on Invested Capital xxxxxxxxxxxxxxx14.63 %
Return on Assets xxxxxxxxxxxxxxx14.04 %
Return on Equity xxxxxxxxxxxxxxx18.54 %
Return on Total Capital xxxxxxxxxxxxxxx2.85 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-4.3 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx20 M
Long Term Debt xxxxxxxxxxxxxxx100 M
Total Debt xxxxxxxxxxxxxxx120 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx28 M
Price To Book Value xxxxxxxxxxxxxxx4.60

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx0.0 M
Capex % of Sales xxxxxxxxxxxxxxx0.02 %
Cost of Goods Sold xxxxxxxxxxxxxxx2 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx37 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx163 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

0.5

No. Of Recommendations

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

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

30/10/2023

3

Neutral

$8.50

-8.11%

Negative mark to market impacts saw Pinnacle Investment Management's funds under management decline -2% during the first quarter to $90.4bn, with inflows of $0.2bn notably softer than UBS's expected $0.9bn. 

Despite this, the broker points out the result quality was better given positive inflows for the retail segment, alongside momentum in the company's international channels, while outflows stemmed from the lower-margin institutional segment.

The Neutral rating and target price of $8.50 are retained. 

FORECAST
UBS forecasts a full year FY24 dividend of 31.00 cents and EPS of 36.00 cents.
UBS forecasts a full year FY25 dividend of 36.00 cents and EPS of 42.00 cents.

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

PNI STOCK CHART

FNArena News on PNI

1
Rudi’s View: A Market Of Contradictions

Nov 01 2023 - Rudi's View
2
Australian Broker Call *Extra* Edition – Oct 27, 2023

Oct 27 2023 - Daily Market Reports
3
ESG Focus: The Little Big Things – 27-09-2023

Sep 27 2023 - ESG Focus
4
Rudi’s View: Helia, Hub24, Judo, QBE, ResMed, Santos, Telstra & Xero

Aug 09 2023 - Rudi's View
5
Australian Broker Call *Extra* Edition – Aug 04, 2023

Aug 04 2023 - Daily Market Reports

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Australian Listed Investment Company Report – December 2023

Dec 06 2023 - Australia
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Nov 02 2023 - Australia
4
Australian Listed Investment Company Report

Oct 17 2023 - Australia
5
Perpetual Is The Better Choice, Analysts Say

Oct 17 2023 - Australia
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Oct 11 2023 - Treasure Chest
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Jul 24 2023 - SMSFundamentals
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Jul 13 2023 - Australia
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Jul 13 2023 - Australia
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Monthly Listed Investment Trust Report – Jul 2023

Jul 05 2023 - Australia