NOL Stock Overview
NobleOak Life Limited manufactures, underwrites, administers, markets, and distributes life insurance products in Australia.
NobleOak Life Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.10|
|52 Week High||AU$2.45|
|52 Week Low||AU$1.82|
|1 Month Change||-1.87%|
|3 Month Change||-3.23%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||7.69%|
Recent News & Updates
|NOL||AU Insurance||AU Market|
Return vs Industry: Insufficient data to determine how NOL performed against the Australian Insurance industry.
Return vs Market: Insufficient data to determine how NOL performed against the Australian Market.
|NOL Average Weekly Movement||8.0%|
|Insurance Industry Average Movement||3.9%|
|Market Average Movement||9.8%|
|10% most volatile stocks in AU Market||16.6%|
|10% least volatile stocks in AU Market||4.3%|
Stable Share Price: NOL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: NOL's weekly volatility (8%) has been stable over the past year.
About the Company
NobleOak Life Limited manufactures, underwrites, administers, markets, and distributes life insurance products in Australia. It offers term life, income protection, trauma, total and permanent disability, and business expenses insurance products. The company sells its products through direct-to-market and alliance partners, as well as strategic partner channels.
NobleOak Life Fundamentals Summary
|NOL fundamental statistics|
Is NOL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NOL income statement (TTM)|
|Cost of Revenue||AU$39.83m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.049|
|Net Profit Margin||5.69%|
How did NOL perform over the long term?See historical performance and comparison
Is NOL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NOL?
Other financial metrics that can be useful for relative valuation.
|What is NOL's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does NOL's PE Ratio compare to its peers?
|NOL PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
GDG Generation Development Group
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MPL Medibank Private
PSI PSC Insurance Group
NOL NobleOak Life
Price-To-Earnings vs Peers: NOL is expensive based on its Price-To-Earnings Ratio (42.8x) compared to the peer average (34.4x).
Price to Earnings Ratio vs Industry
How does NOL's PE Ratio compare vs other companies in the Global Insurance Industry?
Price-To-Earnings vs Industry: NOL is expensive based on its Price-To-Earnings Ratio (42.8x) compared to the Global Insurance industry average (11x)
Price to Earnings Ratio vs Fair Ratio
What is NOL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||42.8x|
|Fair PE Ratio||36.3x|
Price-To-Earnings vs Fair Ratio: NOL is expensive based on its Price-To-Earnings Ratio (42.8x) compared to the estimated Fair Price-To-Earnings Ratio (36.3x).
Share Price vs Fair Value
What is the Fair Price of NOL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NOL (A$2.1) is trading above our estimate of fair value (A$1.79)
Significantly Below Fair Value: NOL is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: NOL is poor value based on its PEG Ratio (1.5x)
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How is NobleOak Life forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NOL's forecast earnings growth (28.7% per year) is above the savings rate (1.8%).
Earnings vs Market: NOL's earnings (28.7% per year) are forecast to grow faster than the Australian market (5.8% per year).
High Growth Earnings: NOL's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if NOL's revenue is forecast to grow faster than the Australian market.
High Growth Revenue: Insufficient data to determine if NOL's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NOL's Return on Equity is forecast to be low in 3 years time (11.7%).
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How has NobleOak Life performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NOL has a large one-off loss of A$1.9M impacting its December 31 2021 financial results.
Growing Profit Margin: NOL's current net profit margins (5.7%) are lower than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: NOL's earnings have grown by 13.8% per year over the past 5 years.
Accelerating Growth: NOL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NOL had negative earnings growth (-41.6%) over the past year, making it difficult to compare to the Insurance industry average (64.4%).
Return on Equity
High ROE: NOL's Return on Equity (3.8%) is considered low.
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How is NobleOak Life's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NOL's short term assets (A$77.4M) do not cover its short term liabilities (A$82.7M).
Long Term Liabilities: NOL's short term assets (A$77.4M) do not cover its long term liabilities (A$-65.0M).
Debt to Equity History and Analysis
Debt Level: NOL is debt free.
Reducing Debt: NOL has not had any debt for past 5 years.
Debt Coverage: NOL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NOL has no debt, therefore coverage of interest payments is not a concern.
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What is NobleOak Life current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NOL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NOL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NOL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NOL's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as NOL has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Anthony R. Brown serves as Chief Executive Officer and Director of NobleOak Life Limited. He has many years of experience in marketing, strategy, operations and distribution. He was previously COO at A...
CEO Compensation Analysis
Compensation vs Market: Anthony's total compensation ($USD697.72K) is above average for companies of similar size in the Australian market ($USD288.76K).
Compensation vs Earnings: Anthony's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Board: NOL's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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: NOL only recently listed within the past 12 months.
NobleOak Life Limited's employee growth, exchange listings and data sources
- Name: NobleOak Life Limited
- Ticker: NOL
- Exchange: ASX
- Founded: 1861
- Industry: Life and Health Insurance
- Sector: Insurance
- Implied Market Cap: AU$180.044m
- Shares outstanding: 85.74m
- Website: https://www.nobleoak.com.au
Number of Employees
- NobleOak Life Limited
- 66 Clarence Street
- Level 7
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/29 00:00|
|End of Day Share Price||2022/06/28 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.