Pinnacle Investment Management Group Limited (PNI) - Research

$5.190 0.05 (0.97%)

PNI General Information +

ASX Code PNI
Website http://www.pinnacleinvestment.com.au
GICS Sub-Industry Asset Management & Custody Banks
Market Cap ($M) 949
Current Price $5.190
Day High $5.220
Day Low $5.130
Last Close $5.140
Price Movement $0.05 ( 0.97% )
Prices as at 12:41, 19 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

PNI Company Overview

Business Description

Pinnacle Investment Management Group Limited (PNI, formerly Wilson Group Limited) is a financial services company, providing distribution services, business support and responsible entity services to the Pinnacle Affiliates and developing and operating investment management businesses. Pinnacle currently consists of eleven investment affiliates. At 30 June 2018, Its Affiliates collectively managed approximately A$38.0 billion in assets across a diverse range of asset classes.

PNI Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 23.14 13.20 75.70% 30.30 11.60 2.90% 100.0%
2017 A 12.18 7.50 49.20% 29.50 7.00 3.20% 100.0%
2016 A 8.23 5.00 0.00% 21.30 8.30 7.70% 100.0%

PNI Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
Magellan Financial Group (MFG) $8,566M 0.3568 0.2415 0.0692 31.2448 25.1665 23.5377 2.78% 3.57% 3.81%
Netwealth Group (NWL) $2,134M 0.0000 0.7077 0.3340 106.2722 62.2315 46.6494 0.60% 1.27% 1.70%
Pendal Group (PDL) $2,290M 0.1207 -0.2807 0.1109 9.9903 13.8889 12.5022 7.22% 6.35% 6.81%
Pinnacle Investment Management Group (PNI) $949M 0.7566 0.0000 0.0000 39.2884 0.0000 0.0000 2.24% 0.00% 0.00%
Platinum Asset Mgmt (PTM) $2,664M 0.0325 -0.1593 0.0635 13.8541 16.4791 15.4949 7.05% 5.95% 6.22%

PNI Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 38.90 8.02 0.00
Market 0.88 17.10 1.49 1.65
Sector 0.90 12.90 1.03 1.65

PNI Directors

Name Position Start Date
Mr Adrian Whittingham Executive Director 1 Sep 2016
Mr Andrew Chambers Executive Director 1 Sep 2016
Mr Ian Macoun Managing Director 25 Aug 2016
Mr Gerard Bradley Non-Executive Director 1 Sep 2016
Ms Deborah Beale Non-Executive Director 1 Sep 2016
Ms Lorraine Berends Non-Executive Director 1 Sep 2018
Mr Alan James David Watson Non-Executive Director, Non-Executive Chairman 15 Jul 2013

PNI Management

Name Position
Alex Ihlenfeldt Chief Financial Officer and Chief Operating Officer
Calvin Kwok Legal Counsel,Company Secretary

PNI Substantial Shareholders

Holding Name
27,123,997 (15.51%) Ian Macoun and associates
20,520,000 (11.74%) Steve Wilson and associates

PNI Calendar of Events

Date Event
21 February 2020 Report (Interim)
17 September 2019 Report (Annual)
27 August 2019 Report (Annual)
27 August 2019 Report (Prelim)

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.