NWL Stock Overview

A financial services company, engages in the wealth management business in Australia. More details

NWL fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	4/6
Past Performance	6/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings are forecast to grow 17.2% per year

Earnings grew by 24.1% over the past year

Risk Analysis

Significant insider selling over the past 3 months

My Notes

Capture your thoughts, links and company narrative

Netwealth Group Limited Competitors

GQG Partners

ASX:GQG

AU$6.3b

Argo Investments

ASX:ARG

AU$6.9b

Pinnacle Investment Management Group

ASX:PNI

AU$5.7b

Australian Foundation Investment

ASX:AFI

AU$9.5b

Price History & Performance

Summary of share price highs, lows and changes for Netwealth Group
Historical stock prices
Current Share Price	AU$31.55
52 Week High	AU$32.05
52 Week Low	AU$16.52
Beta	0.83
1 Month Change	9.74%
3 Month Change	12.80%
1 Year Change	88.25%
3 Year Change	108.53%
5 Year Change	295.86%
Change since IPO	493.05%

Does Netwealth Group (ASX:NWL) Deserve A Spot On Your Watchlist?

Dec 19

Netwealth Group Limited (ASX:NWL) Not Flying Under The Radar

Oct 17

Recent updates

The Netwealth Group Limited (ASX:NWL) Yearly Results Are Out And Analysts Have Published New Forecasts

Aug 14

Here's Why We Think Netwealth Group (ASX:NWL) Might Deserve Your Attention Today

May 22

Getting In Cheap On Netwealth Group Limited (ASX:NWL) Might Be Difficult

May 01

We Ran A Stock Scan For Earnings Growth And Netwealth Group (ASX:NWL) Passed With Ease

Feb 03

With EPS Growth And More, Netwealth Group (ASX:NWL) Makes An Interesting Case

Oct 13

Netwealth Group (ASX:NWL) Has Announced That It Will Be Increasing Its Dividend To A$0.13

Aug 18

With EPS Growth And More, Netwealth Group (ASX:NWL) Makes An Interesting Case

Jun 15

Here's Why Netwealth Group (ASX:NWL) Has Caught The Eye Of Investors

Mar 15

Is Now The Time To Put Netwealth Group (ASX:NWL) On Your Watchlist?

Oct 14

Here's Why I Think Netwealth Group (ASX:NWL) Is An Interesting Stock

Jul 08

Three Things You Should Check Before Buying Netwealth Group Limited (ASX:NWL) For Its Dividend

Apr 01

Does Netwealth Group (ASX:NWL) Deserve A Spot On Your Watchlist?

Mar 14

Independent Non-Executive Chairman Timothy Antonie Just Bought A Handful Of Shares In Netwealth Group Limited (ASX:NWL)

Feb 21

What Kind Of Investors Own Most Of Netwealth Group Limited (ASX:NWL)?

Dec 27

Who Has Been Selling Netwealth Group Limited (ASX:NWL) Shares?

Dec 06

Shareholder Returns

	NWL	AU Capital Markets	AU Market
7D	3.2%	0.8%	1.3%
1Y	88.2%	25.3%	10.3%

Return vs Industry: NWL exceeded the Australian Capital Markets industry which returned 25.3% over the past year.

Return vs Market: NWL exceeded the Australian Market which returned 10.3% over the past year.

Price Volatility

Is NWL's price volatile compared to industry and market?
NWL volatility
NWL Average Weekly Movement	4.9%
Capital Markets Industry Average Movement	4.1%
Market Average Movement	7.9%
10% most volatile stocks in AU Market	16.4%
10% least volatile stocks in AU Market	2.9%

Stable Share Price: NWL has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: NWL's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1999	539	Matt Heine	www.netwealth.com.au

Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. The company operates a platform that offers superannuation, including accumulation and retirement income products; investor directed portfolio services for self-managed superannuation and non-superannuation investments; managed accounts and funds, self-managed superannuation funds administration; and non-custodial administration and reporting services. It also provides investment wrap products; investment options, such as listed and international securities, managed account models, managed funds, term deposits, premium services, and investor rewards; insurance products; forms and disclosure documents; and resources and tools, as well as advisory, licensee, and private wealth solutions.

Netwealth Group Limited Fundamentals Summary

How do Netwealth Group's earnings and revenue compare to its market cap?
NWL fundamental statistics
Market cap	AU$7.72b
Earnings (TTM)	AU$83.37m
Revenue (TTM)	AU$255.25m

92.6x

P/E Ratio

30.3x

P/S Ratio

Is NWL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NWL income statement (TTM)
Revenue	AU$255.25m
Cost of Revenue	AU$90.27m
Gross Profit	AU$164.98m
Other Expenses	AU$81.61m
Earnings	AU$83.37m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 19, 2025

Earnings per share (EPS)	0.34
Gross Margin	64.64%
Net Profit Margin	32.66%
Debt/Equity Ratio	0%

How did NWL perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

82%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/31 18:17
End of Day Share Price	2025/01/31 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Netwealth Group Limited is covered by 27 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Russell Wright	Barclay Pearce Capital Pty Limited
Benjamin Brayshaw	Barrenjoey Markets Pty Limited
Nicholas McGarrigle	Barrenjoey Markets Pty Limited

NWL Stock Overview

Rewards

Risk Analysis

Netwealth Group Limited Competitors

ASX:GQG

AU$6.3b

ASX:ARG

AU$6.9b

ASX:PNI

AU$5.7b

ASX:AFI

AU$9.5b

Price History & Performance

Recent News & Updates

Netwealth Group Limited Announces CFO Changes

Price target increased by 7.2% to AU$26.54

Does Netwealth Group (ASX:NWL) Deserve A Spot On Your Watchlist?

Non Executive Director recently sold AU$32m worth of stock

Netwealth Group Limited to Report First Half, 2025 Results on Feb 20, 2025

Netwealth Group Limited (ASX:NWL) Not Flying Under The Radar

Recent updates

Netwealth Group Limited Announces CFO Changes

Price target increased by 7.2% to AU$26.54

Does Netwealth Group (ASX:NWL) Deserve A Spot On Your Watchlist?

Non Executive Director recently sold AU$32m worth of stock

Netwealth Group Limited to Report First Half, 2025 Results on Feb 20, 2025

Netwealth Group Limited (ASX:NWL) Not Flying Under The Radar

Non Executive Director recently sold AU$30m worth of stock

Price target increased by 11% to AU$22.31

Here's Why Netwealth Group (ASX:NWL) Has Caught The Eye Of Investors

Independent Non-Executive Director recently sold AU$500k worth of stock

Final dividend of AU$0.14 announced

The Netwealth Group Limited (ASX:NWL) Yearly Results Are Out And Analysts Have Published New Forecasts

Full year 2024 earnings: EPS and revenues miss analyst expectations

Here's Why We Think Netwealth Group (ASX:NWL) Might Deserve Your Attention Today

Getting In Cheap On Netwealth Group Limited (ASX:NWL) Might Be Difficult

Executive Director recently sold AU$30m worth of stock

Insufficient new directors

Upcoming dividend of AU$0.14 per share

First half dividend of AU$0.14 announced

Price target increased by 8.8% to AU$17.54

First half 2024 earnings: EPS in line with analyst expectations despite revenue beat

Price target increased by 8.2% to AU$16.11

We Ran A Stock Scan For Earnings Growth And Netwealth Group (ASX:NWL) Passed With Ease

Netwealth Group Limited to Report Q2, 2024 Results on Feb 20, 2024

With EPS Growth And More, Netwealth Group (ASX:NWL) Makes An Interesting Case

Netwealth Group (ASX:NWL) Has Announced That It Will Be Increasing Its Dividend To A$0.13

Full year 2023 earnings: EPS misses analyst expectations

With EPS Growth And More, Netwealth Group (ASX:NWL) Makes An Interesting Case

Here's Why Netwealth Group (ASX:NWL) Has Caught The Eye Of Investors

First half 2023 earnings: EPS and revenues exceed analyst expectations

Netwealth Group Limited Announces Distribution for the Six Months Ended December 31, 2022, Payable on March 24, 2023

Netwealth Group Limited to Report First Half, 2023 Results on Feb 15, 2023

Netwealth Group Limited, Annual General Meeting, Nov 23, 2022

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Netwealth Group Limited Announces Dividend for Period of Six Months Ended June 30, 2022

Westpac Banking Corporation Reportedly Takes Receipt of Indicative Bids for Its Investment Platform Business

Consensus forecasts updated

Price target decreased to AU$15.19

First half 2022 earnings: EPS misses analyst expectations

Netwealth Group Limited Announces Distribution for the Six Months Ended December 31, 2021 Payable on March 24, 2022

Is Now The Time To Put Netwealth Group (ASX:NWL) On Your Watchlist?

Investor sentiment improved over the past week

Independent Non-Executive Director recently sold AU$500k worth of stock

Full year 2021 earnings released: EPS AU$0.23 (vs AU$0.18 in FY 2020)

Here's Why I Think Netwealth Group (ASX:NWL) Is An Interesting Stock

Three Things You Should Check Before Buying Netwealth Group Limited (ASX:NWL) For Its Dividend

Independent Non-Executive Director recently bought AU$126k worth of stock

Investor sentiment deteriorated over the past week

Price target increased to AU$15.47

Does Netwealth Group (ASX:NWL) Deserve A Spot On Your Watchlist?

New 90-day low: AU$14.48

Investor sentiment deteriorated over the past week

Independent Non-Executive Chairman Timothy Antonie Just Bought A Handful Of Shares In Netwealth Group Limited (ASX:NWL)

Joint MD & Director exercised options to buy AU$21m worth of stock.

Revenue and earnings beat expectations

First half 2021 earnings released: EPS AU$0.12 (vs AU$0.086 in 1H 2020)

Netwealth Group Limited Announces Board Changes

Independent Non-Executive Chairperson has left the company

Netwealth Group Limited to Report First Half, 2021 Results on Feb 17, 2021