NWL Stock Overview
Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia.
Netwealth Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$15.52|
|52 Week High||AU$18.71|
|52 Week Low||AU$12.54|
|1 Month Change||-11.62%|
|3 Month Change||-0.13%|
|1 Year Change||-4.78%|
|3 Year Change||82.37%|
|5 Year Change||n/a|
|Change since IPO||191.73%|
Recent News & Updates
Is Now The Time To Put Netwealth Group (ASX:NWL) On Your Watchlist?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Here's Why I Think Netwealth Group (ASX:NWL) Is An Interesting Stock
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Three Things You Should Check Before Buying Netwealth Group Limited (ASX:NWL) For Its Dividend
Is Netwealth Group Limited ( ASX:NWL ) a good dividend stock? How can we tell? Dividend paying companies with growing...
|NWL||AU Capital Markets||AU Market|
Return vs Industry: NWL underperformed the Australian Capital Markets industry which returned 20% over the past year.
Return vs Market: NWL underperformed the Australian Market which returned 11.7% over the past year.
|NWL Average Weekly Movement||6.2%|
|Capital Markets Industry Average Movement||4.6%|
|Market Average Movement||8.3%|
|10% most volatile stocks in AU Market||15.8%|
|10% least volatile stocks in AU Market||3.7%|
Stable Share Price: NWL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NWL's weekly volatility (6%) has been stable over the past year.
About the Company
Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. It offers superannuation products, including accumulation and retirement income products; managed accounts; and managed funds, as well as investor directed portfolio services for self-managed super and non-super investments. The company also provides investment wrap products for self-managed super fund (SMSF) clients; investment options, such as listed and international securities, managed account models, managed funds, term deposits, premium services, and investor rewards; insurance products; forms and documents; and resources and tools, as well as advisory, licensee, and private wealth solutions.
Netwealth Group Fundamentals Summary
|NWL fundamental statistics|
Is NWL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NWL income statement (TTM)|
|Cost of Revenue||AU$50.50m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.22|
|Net Profit Margin||37.34%|
How did NWL perform over the long term?See historical performance and comparison
1.2%Current Dividend Yield
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$15.52) is trading above our estimate of fair value (A$8.55)
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 (69.9x) compared to the Australian Capital Markets industry average (15.7x).
PE vs Market: NWL is poor value based on its PE Ratio (69.9x) compared to the Australian market (18.8x).
Price to Earnings Growth Ratio
PEG Ratio: NWL is poor value based on its PEG Ratio (4.7x)
Price to Book Ratio
PB vs Industry: NWL is overvalued based on its PB Ratio (40.6x) compared to the AU Capital Markets industry average (1.4x).
How is Netwealth Group forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NWL's forecast earnings growth (14.7% per year) is above the savings rate (1.9%).
Earnings vs Market: NWL's earnings (14.7% per year) are forecast to grow faster than the Australian market (11.6% per year).
High Growth Earnings: NWL's earnings are forecast to grow, but not significantly.
Revenue vs Market: NWL's revenue (14.9% per year) is forecast to grow faster than the Australian market (5.2% per year).
High Growth Revenue: NWL's revenue (14.9% 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 (68%).
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 (37.3%) are higher than last year (35.2%).
Past Earnings Growth Analysis
Earnings Trend: NWL's earnings have grown significantly by 29.2% per year over the past 5 years.
Accelerating Growth: NWL's earnings growth over the past year (23.9%) is below its 5-year average (29.2% per year).
Earnings vs Industry: NWL earnings growth over the past year (23.9%) underperformed the Capital Markets industry 23.9%.
Return on Equity
High ROE: NWL's Return on Equity (58.1%) is considered outstanding.
How is Netwealth Group's financial position?
Financial Position Analysis
Short Term Liabilities: NWL's short term assets (A$107.5M) exceed its short term liabilities (A$21.8M).
Long Term Liabilities: NWL's short term assets (A$107.5M) exceed its long term liabilities (A$16.2M).
Debt to Equity History and Analysis
Debt Level: NWL is debt free.
Reducing Debt: NWL has not had any debt for past 5 years.
Debt Coverage: NWL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NWL has no debt, therefore coverage of interest payments is not a concern.
What is Netwealth Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NWL's dividend (1.22%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.33%).
High Dividend: NWL's dividend (1.22%) is low compared to the top 25% of dividend payers in the Australian market (5.55%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NWL has been paying a dividend for less than 10 years.
Growing Dividend: NWL's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (82.3%), NWL's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NWL's dividends in 3 years are forecast to be covered by earnings (80.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Michael Max Heine has been a Joint Managing Director and Director of Netwealth Group Limited since January 2015 and 1999 respectively. Mr. Heine was instrumental in the establishment of Netwealth in 19...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD166.86K) is below average for companies of similar size in the Australian market ($USD1.71M).
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 (5.7 years average tenure).
Experienced Board: NWL's board of directors are considered experienced (7.2 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.
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 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$3.784b
- Shares outstanding: 243.81m
- Website: https://www.netwealth.com.au
- Netwealth Group Limited
- 180 Flinders Street
- Level 6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/27 07:01|
|End of Day Share Price||2021/11/26 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.