Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Netwealth Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NWL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: NWL's weekly volatility (8%) has been stable over the past year.
7 Day Return
AU Capital Markets
1 Year Return
AU Capital Markets
Return vs Industry: NWL exceeded the Australian Capital Markets industry which returned 32.7% over the past year.
Return vs Market: NWL exceeded the Australian Market which returned 35.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Netwealth Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThree Things You Should Check Before Buying Netwealth Group Limited (ASX:NWL) For Its Dividend
3 weeks ago | Simply Wall StDoes Netwealth Group (ASX:NWL) Deserve A Spot On Your Watchlist?
Is Netwealth Group 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: NWL (A$13.78) is trading above our estimate of fair value (A$6.4)
Significantly Below Fair Value: NWL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NWL is poor value based on its PE Ratio (64.6x) compared to the AU Capital Markets industry average (21.7x).
PE vs Market: NWL is poor value based on its PE Ratio (64.6x) compared to the Australian market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: NWL is poor value based on its PEG Ratio (4.4x)
Price to Book Ratio
PB vs Industry: NWL is overvalued based on its PB Ratio (38.2x) compared to the AU Capital Markets industry average (1.3x).
How is Netwealth Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NWL's forecast earnings growth (14.8% per year) is above the savings rate (2%).
Earnings vs Market: NWL's earnings (14.8% per year) are forecast to grow slower than the Australian market (15.4% per year).
High Growth Earnings: NWL's earnings are forecast to grow, but not significantly.
Revenue vs Market: NWL's revenue (12.8% per year) is forecast to grow faster than the Australian market (5.8% per year).
High Growth Revenue: NWL's revenue (12.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NWL's Return on Equity is forecast to be very high in 3 years time (60.3%).
How has Netwealth Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NWL has high quality earnings.
Growing Profit Margin: NWL's current net profit margins (36.9%) are higher than last year (36.1%).
Past Earnings Growth Analysis
Earnings Trend: NWL's earnings have grown significantly by 31.7% per year over the past 5 years.
Accelerating Growth: NWL's earnings growth over the past year (28.5%) is below its 5-year average (31.7% per year).
Earnings vs Industry: NWL earnings growth over the past year (28.5%) exceeded the Capital Markets industry -5%.
Return on Equity
High ROE: NWL's Return on Equity (59.2%) is considered outstanding.
How is Netwealth Group's financial position?
Financial Position Analysis
Short Term Liabilities: NWL's short term assets (A$99.5M) exceed its short term liabilities (A$21.5M).
Long Term Liabilities: NWL's short term assets (A$99.5M) exceed its long term liabilities (A$1.5M).
Debt to Equity History and Analysis
Debt Level: NWL is debt free.
Reducing Debt: NWL had no debt 5 years ago.
Debt Coverage: NWL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NWL has no debt, therefore coverage of interest payments is not a concern.
What is Netwealth Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NWL's dividend (1.31%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (1.99%).
High Dividend: NWL's dividend (1.31%) is low compared to the top 25% of dividend payers in the Australian market (5.39%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NWL has been paying a dividend for less than 10 years.
Growing Dividend: NWL's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (79%), NWL's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NWL's dividends in 3 years are forecast to be covered by earnings (77.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Michael Max Heine has been a Joint Managing Director and Director of Netwealth Group Limited since January 2015 and 1999 respectively. Mr. Heine was instrumental in the establishment of Netwealth in 19...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD165.01K) is below average for companies of similar size in the Australian market ($USD1.73M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Experienced Management: NWL's management team is seasoned and experienced (5.1 years average tenure).
Experienced Board: NWL's board of directors are considered experienced (6.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NWL insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
Netwealth Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Netwealth Group Limited
- Ticker: NWL
- Exchange: ASX
- Founded: 1999
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$3.360b
- Shares outstanding: 243.80m
- Website: https://www.netwealth.com.au
- Netwealth Group Limited
- 52 Collins Street
- Level 8
Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. The company offers superannuation products, including accumulation and retirement income produ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/10 08:27|
|End of Day Share Price||2021/04/09 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.