ClearView Wealth Limited provides life insurance, superannuation, investments, and financial advice products and services in Australia.
ClearView Wealth Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.76|
|52 Week High||AU$0.33|
|52 Week Low||AU$0.77|
|1 Month Change||11.77%|
|3 Month Change||63.44%|
|1 Year Change||130.30%|
|3 Year Change||-14.12%|
|5 Year Change||-37.19%|
|Change since IPO||-17.39%|
Recent News & Updates
|CVW||AU Diversified Financial||AU Market|
Return vs Industry: CVW exceeded the Australian Diversified Financial industry which returned 13.9% over the past year.
Return vs Market: CVW exceeded the Australian Market which returned 21.1% over the past year.
Stable Share Price: CVW is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CVW's weekly volatility (6%) has been stable over the past year.
About the Company
ClearView Wealth Limited provides life insurance, superannuation, investments, and financial advice products and services in Australia. It operates through three segments: Life Insurance, Wealth Management, and Financial Advice. The Life Insurance segment provides life insurance protection products, including term life, permanent disability, trauma and critical illness benefits, child cover, accident covers, income protection, and business expense covers through financial advisers.
ClearView Wealth Fundamentals Summary
|CVW fundamental statistics|
Is CVW overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CVW income statement (TTM)|
|Cost of Revenue||AU$153.04m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 23, 2022
|Earnings per share (EPS)||0.01|
|Net Profit Margin||1.15%|
How did CVW perform over the long term?See historical performance and comparison
1.3%Current Dividend Yield
Is ClearView Wealth undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CVW (A$0.76) is trading above our estimate of fair value (A$0.57)
Significantly Below Fair Value: CVW is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CVW is poor value based on its PE Ratio (76.2x) compared to the Australian Diversified Financial industry average (16.6x).
PE vs Market: CVW is poor value based on its PE Ratio (76.2x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CVW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CVW is good value based on its PB Ratio (1.1x) compared to the AU Diversified Financial industry average (1.2x).
How is ClearView Wealth forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ClearView Wealth has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has ClearView Wealth performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CVW has high quality earnings.
Growing Profit Margin: CVW's current net profit margins (1.1%) are lower than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: CVW's earnings have declined by 20.1% per year over the past 5 years.
Accelerating Growth: CVW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CVW had negative earnings growth (-48.9%) over the past year, making it difficult to compare to the Diversified Financial industry average (-19%).
Return on Equity
High ROE: CVW's Return on Equity (10%) is considered low.
How is ClearView Wealth's financial position?
Financial Position Analysis
Short Term Liabilities: CVW's short term assets (A$229.8M) exceed its short term liabilities (A$14.1M).
Long Term Liabilities: CVW's short term assets (A$229.8M) do not cover its long term liabilities (A$1.5B).
Debt to Equity History and Analysis
Debt Level: CVW's debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CVW's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CVW's debt is well covered by operating cash flow (300.7%).
Interest Coverage: CVW's interest payments on its debt are well covered by EBIT (22x coverage).
What is ClearView Wealth current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CVW's dividend (1.32%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.29%).
High Dividend: CVW's dividend (1.32%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).
Stability and Growth of Payments
Stable Dividend: CVW's dividend payments have been volatile in the past 10 years.
Growing Dividend: CVW's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (94.1%), CVW's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Simon Swanson (63 yo)
Mr. Simon Swanson, BEC, BBus, ANZIIF (Fellow), CIP, FCPA, is an internationally experienced financial services executive having worked for over 35 years across life insurance, funds management, general ins...
CEO Compensation Analysis
Compensation vs Market: Simon's total compensation ($USD778.17K) is about average for companies of similar size in the Australian market ($USD734.81K).
Compensation vs Earnings: Simon's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: CVW's management team is considered experienced (2.8 years average tenure).
Experienced Board: CVW's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6%.
ClearView Wealth Limited's employee growth, exchange listings and data sources
- Name: ClearView Wealth Limited
- Ticker: CVW
- Exchange: ASX
- Founded: 1976
- Industry: Other Diversified Financial Services
- Sector: Diversified Financials
- Market Cap: AU$508.632m
- Shares outstanding: 669.25m
- Website: https://www.clearview.com.au
- ClearView Wealth Limited
- 20 Bond Street
- Level 15
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:10|
|End of Day Share Price||2021/10/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.