Pinnacle Investment Management Group (ASX:PNI) Scaled Net Operating Assets: 0.57 (As of Dec. 2025)


ASX:PNI Pinnacle Investment Management Group Ltd ASX:PNI
91 GF Score
Price A$17.11
GF Value A$23.17
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Pinnacle Investment Management Group Scaled Net Operating Assets?

Pinnacle Investment Management Group ASX:PNI -0.47% 91 Scaled Net Operating Assets is 0.57 as of Dec. 2025. GuruFocus rates ASX:PNI with a GF Score™ of 91/100 and a GF Value™ of A$23.17 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pinnacle Investment Management Group's operating assets for the quarter that ended in Dec. 2025 was A$627.89 Mil. Pinnacle Investment Management Group's operating liabilities for the quarter that ended in Dec. 2025 was A$22.67 Mil. Pinnacle Investment Management Group's Total Assets for the quarter that ended in Jun. 2025 was A$1,058.62 Mil. Therefore, Pinnacle Investment Management Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.57.

ASX:PNI
91GF Score
Pinnacle Investment Management Group Ltd ASX:PNI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Pinnacle Investment Management Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pinnacle Investment Management Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(1032.058-29.833)/582.992
=1.72

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1058.615 - 26.557
=1032.058

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=140.198 - 107.969 - 2.396
=29.833

Pinnacle Investment Management Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(627.892-22.674)/1058.615
=0.57

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1067.541 - 439.649
=627.892

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=133.678 - 108.728 - 2.276
=22.674

* 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 Scaled Net Operating Assets of 0.57 mean?
Pinnacle Investment Management Group (ASX:PNI) has a Scaled Net Operating Assets of 0.57 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Pinnacle Investment Management Group and its competitors.
Is Pinnacle Investment Management Group's Scaled Net Operating Assets too high?
Pinnacle Investment Management Group's current Scaled Net Operating Assets is 0.57. Overall, Pinnacle Investment Management Group has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pinnacle Investment Management Group's Scaled Net Operating Assets compare to BLK and BX?
Pinnacle Investment Management Group's Scaled Net Operating Assets of 0.57 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 Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Pinnacle Investment Management Group and its competitors. Pinnacle Investment Management Group's current Scaled Net Operating Assets is 0.57. 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 Modestly Undervalued. The stock's GF Value™ is A$23.17, compared to a current price of A$17.11 — trading 26.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.57. Pinnacle Investment Management Group's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Pinnacle Investment Management Group (ASX:PNI), the current Scaled Net Operating Assets is 0.57 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$17.11 is trading 26.2% below its estimated GF Value™ of A$23.17. GuruFocus considers Pinnacle Investment Management Group to be Modestly Undervalued.

Key valuation signals for ASX:PNI:

  • Scaled Net Operating Assets: 0.57
  • GF Value™: A$23.17 vs. price of A$17.11 (26.2% below fair value)
  • GF Score™: 91/100 with 4 warning signs

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

Address 264 George Street, Level 25, Australia Square Tower, Sydney, NSW, AUS, 2000
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.
91GF Score

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

A$17.11
Price
A$23.17
GF Value