NETWEALTH GROUP LIMITED (NWL)
Share Price Analysis and Chart

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NWL - NETWEALTH GROUP LIMITED

FNArena Sector : Wealth Management & Investments
Year End: June
GICS Industry Group : Diversified Financials
Debt/EBITDA: 0.13
Index: ASX200 | ASX300 | ALL-ORDS

Netwealth is an Australian financial platform operator offering superannuation, retirement, investment and managed account facilities. Founded in 1999 it became a listed company in 2017.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$28.11

20 Dec
2024

-0.200

OPEN

$28.27

-0.71%

HIGH

$28.44

552,589

LOW

$28.02

TARGET
$25.757 -8.4% downside
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . AVC . BVS . CGF . CVW . DJW . ENN . GDC . GDG . GQG . HMC . HUB . IFL . IFT . IRE . KAM . KSL . MAF . MFG . MQG . NGI . PAC . PNI . PPS . PPT . PTM . QAL . RPL . RZI . WHF .
FNARENA'S MARKET CONSENSUS FORECASTS
NWL: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 34.2 43.6 xxx
DPS (cps) xxx 28.0 35.2 xxx
EPS Growth xxx 24.0% 27.7% xxx
DPS Growth xxx 16.7% 25.8% xxx
PE Ratio xxx N/A 64.4 xxx
Dividend Yield xxx N/A 1.3% xxx
Div Pay Ratio(%) xxx 82.0% 80.7% xxx

Dividend yield today if purchased 3 years ago: 1.65%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 26/08 - ex-div 14c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx34.2
DPS All xxxxxxxxxxxxxxx28.0
Sales/Revenue xxxxxxxxxxxxxxx249.5 M
Book Value Per Share xxxxxxxxxxxxxxx59.2
Net Operating Cash Flow xxxxxxxxxxxxxxx90.0 M
Net Profit Margin xxxxxxxxxxxxxxx33.41 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx62.32 %
Return on Invested Capital xxxxxxxxxxxxxxx56.94 %
Return on Assets xxxxxxxxxxxxxxx47.45 %
Return on Equity xxxxxxxxxxxxxxx62.32 %
Return on Total Capital xxxxxxxxxxxxxxx78.07 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx23.3 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx2 M
Long Term Debt xxxxxxxxxxxxxxx13 M
Total Debt xxxxxxxxxxxxxxx15 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx127 M
Price To Book Value xxxxxxxxxxxxxxx37.44

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx4.9 M
Capex % of Sales xxxxxxxxxxxxxxx1.97 %
Cost of Goods Sold xxxxxxxxxxxxxxx103 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx31 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx4 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.1

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

3

xxxxxxxxx xx xxxxx-xxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

11/10/2024

3

Downgrade to Hold from Accumulate

$27.00

-3.95%

Ord Minnett raises its target for Netwealth Group to $27 from $22 and downgrades to Hold from Accumulate following an "excellent" 1Q trading update. Management has a “high level of confidence” in the net flow outlook for FY25.

Global equity markets provided a strong boost and net flows of $4.0bn beat the $3.5bn forecast by the analysts.

Group funds under management (FUA) of $95.4bn at quarter's end was ahead of the broker's $92.5bn estimate.

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 34.50 cents and EPS of 43.40 cents.
Ord Minnett forecasts a full year FY26 dividend of 42.50 cents and EPS of 52.90 cents.

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Wilsons

xx/xx/xxxx

3

xxxxxx xxxxxx

$xx.xx

xx.xx%

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Jarden

14/10/2024

4

Underweight

$20.00

-28.85%

Jarden notes 1Q25 funds under administration and flow updates were stronger than expected due to robust markets and strong custodial inflows.

On the back of management's upbeat comments, the analyst has increased flow estimates to $14.7bn for FY25, but higher costs are expected  to weigh on margins as well as lower cash balances for the balance of FY25.

Jarden raises EPS forecasts by 1.5% for FY25 and 4.6% for FY26.

Target price lifts to $20 from $18.20. Underweight rating unchanged.

FORECAST
Jarden forecasts a full year FY25 dividend of 39.00 cents and EPS of 44.80 cents.
Jarden forecasts a full year FY26 dividend of 47.70 cents and EPS of 54.80 cents.
Access Extra Coverage Research History >

NWL STOCK CHART

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