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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Pinnacle Investment Management Group's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was A$15.86 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$45.90 Mil.
Pinnacle Investment Management Group (ASX:PNI) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Pinnacle Investment Management Group Selling, General, & Admin. Expense Related Terms
Pinnacle Investment Management Group Selling, General, & Admin. Expense Historical Data
* 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.
Pinnacle Investment Management Group Selling, General, & Admin. Expense Chart
ASX:PNI vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison
For the Asset Management subindustry, Pinnacle Investment Management Group's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Pinnacle Investment Management Group Selling, General, & Admin. Expense vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pinnacle Investment Management Group's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Pinnacle Investment Management Group's Selling, General, & Admin. Expense falls into.
Pinnacle Investment Management Group Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense 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$45.90 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.
What does a Selling, General, & Admin. Expense of A$45.90 Mil mean?
Pinnacle Investment Management Group (ASX:PNI) has a Selling, General, & Admin. Expense of A$45.90 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Pinnacle Investment Management Group and its competitors.
Is Pinnacle Investment Management Group's Selling, General, & Admin. Expense too high?
Pinnacle Investment Management Group's current Selling, General, & Admin. Expense is A$45.90 Mil. Overall, Pinnacle Investment Management Group has a GF Score™ of 90/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pinnacle Investment Management Group's Selling, General, & Admin. Expense compare to BLK and BX?
Pinnacle Investment Management Group's Selling, General, & Admin. Expense of A$45.90 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 Selling, General, & Admin. Expense for an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Pinnacle Investment Management Group and its competitors. Pinnacle Investment Management Group's current Selling, General, & Admin. Expense is A$45.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pinnacle Investment Management Group stock overvalued right now?
Based on GuruFocus' analysis, Pinnacle Investment Management Group (ASX:PNI) is currently considered Possible Value Trap. The stock's GF Value™ is A$24.47, compared to a current price of A$15.71 — trading 35.8% below its estimated fair value. The current Selling, General, & Admin. Expense is A$45.90 Mil. Pinnacle Investment Management Group's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Pinnacle Investment Management Group (ASX:PNI), the current Selling, General, & Admin. Expense is A$45.90 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 Pinnacle Investment Management Group (ASX:PNI) Overvalued in 2026?
Based on GuruFocus' analysis, Pinnacle Investment Management Group stock appears to be undervalued.
The current stock price of A$15.71 is trading 35.8% below its estimated GF Value™ of A$24.47.
GuruFocus considers Pinnacle Investment Management Group to be Possible Value Trap.
Key valuation signals for ASX:PNI:
Selling, General, & Admin. Expense: A$45.90 Mil
GF Value™: A$24.47 vs. price of A$15.71 (35.8% below fair value)
No single metric tells the full story. See the ASX:PNI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pinnacle Investment Management Group Business Description
Pinnacle Investment Management Group is an Australia-based multiaffiliate investment management firm. The principal activities of the firm are equity, seed capital, and working capital, and providing distribution services, business support, and responsible entity services to a network of boutique asset managers, termed as "affiliates." Apart from deriving revenue from its services, Pinnacle also earns a share of profits from its affiliates by holding equity interests in them. The business is growing rapidly, with the number of boutiques and FUM growing to 18 and around AUD 208 billion in March 2026, respectively, from seven and AUD 23 billion in December 2016.
90GF Score
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