Pengana International Equities Limited (ASX:PIA) Net Income: A$11.43 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:PIA Pengana International Equities Limited ASX:PIA
35 GF Score
Price A$1.33
GF Value A$0.34
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Pengana International Equities Limited Net Income?

Pengana International Equities Limited ASX:PIA -0.37% 35 Net Income is A$11.43 Mil as of Dec. 2025. GuruFocus rates ASX:PIA with a GF Score™ of 35/100 and a GF Value™ of A$0.34 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Pengana International Equities Limited's Net Income for the six months ended in Dec. 2025 was A$4.61 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$11.43 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Pengana International Equities Limited's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was A$0.02.


Pengana International Equities Limited  (ASX:PIA) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Pengana International Equities Limited's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2025 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Pengana International Equities Limited Net Income Related Terms


Pengana International Equities Limited Net Income Historical Data

* Premium members only.

The historical data trend for Pengana International Equities Limited's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pengana International Equities Limited Net Income Chart

Pengana International Equities Limited Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.99 -61.65 38.36 33.63 33.76

Pengana International Equities Limited Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.91 24.72 26.94 6.82 4.61
ASX:PIA
35GF Score
Pengana International Equities Limited ASX:PIA
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pengana International Equities Limited Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Pengana International Equities Limited's Net Income for the fiscal year that ended in Jun. 2025 is calculated as

Net Income(A: Jun. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=44.259+-10.498+0+0
=33.76

Pengana International Equities Limited's Net Income for the quarter that ended in Dec. 2025 is calculated as

Net Income(Q: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5.96+-1.349+0+0
=4.61

Net Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$11.43 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of A$11.43 Mil mean?
Pengana International Equities Limited (ASX:PIA) has a Net Income of A$11.43 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Pengana International Equities Limited and its competitors.
Is Pengana International Equities Limited's Net Income too high?
Pengana International Equities Limited's current Net Income is A$11.43 Mil. Overall, Pengana International Equities Limited has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pengana International Equities Limited's Net Income compare to BLK and BX?
Pengana International Equities Limited's Net Income of A$11.43 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Asset Management company?
A good Net Income depends on the Asset Management industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Pengana International Equities Limited and its competitors. Pengana International Equities Limited's current Net Income is A$11.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pengana International Equities Limited stock overvalued right now?
Based on GuruFocus' analysis, Pengana International Equities Limited (ASX:PIA) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.34, compared to a current price of A$1.33 — trading 291.2% above its estimated fair value. The current Net Income is A$11.43 Mil. Pengana International Equities Limited's overall GF Score™ is 35/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Pengana International Equities Limited (ASX:PIA), the current Net Income is A$11.43 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pengana International Equities Limited (ASX:PIA) Overvalued in 2026?

Based on GuruFocus' analysis, Pengana International Equities Limited stock appears to be overvalued. The current stock price of A$1.33 is trading 291.2% above its estimated GF Value™ of A$0.34. GuruFocus considers Pengana International Equities Limited to be Significantly Overvalued.

Key valuation signals for ASX:PIA:

  • Net Income: A$11.43 Mil
  • GF Value™: A$0.34 vs. price of A$1.33 (291.2% above fair value)
  • GF Score™: 35/100 with 7 warning signs

No single metric tells the full story. See the ASX:PIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pengana International Equities Limited Business Description

Address 1 Farrer Place, Suite 27.01, Level 27, Governor Phillip Tower, Sydney, NSW, AUS, 2000
Pengana International Equities Limited is an Australian-listed investment company whose operating activity involves investing its Australian capital into businesses operating globally. Its investment objective is to provide shareholders with regular, reliable, and fully franked dividends as well as capital growth. The company invests in high-quality, ethically screened, growing businesses at reasonable prices, focusing on superior risk-adjusted returns over the long term. It operates in one business segment, being investment in securities.
35GF Score

Get the complete analysis for ASX:PIA

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.33
Price
A$0.34
GF Value