NETWEALTH GROUP LIMITED (NWL)
Share Price Analysis and Chart

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NWL - NETWEALTH GROUP LIMITED

Year End: June
GICS Industry Group : Diversified Financials
Debt/EBITDA: 0.15
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

$22.18

24 Jun
2024

0.350

OPEN

$22.10

1.60%

HIGH

$22.35

222,755

LOW

$21.93

TARGET
$18.758 -15.4% downside
Franking for last dividend paid out: 100%
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AEF . AMP . ASX . AVC . BVS . CGF . CVW . ENN . GDC . GDG . GQG . HMC . HUB . IFL . IFT . IRE . KAM . KSL . MAF . MFG . MQG . NGI . PAC . PNI . PPS . PPT . PTM . QAL . RPL . RZI .
FNARENA'S MARKET CONSENSUS FORECASTS
NWL: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx 27.5 34.6 xxx
DPS (cps) xxx 24.0 29.3 xxx
EPS Growth xxx 20.9% 25.5% xxx
DPS Growth xxx 20.0% 22.2% xxx
PE Ratio xxx N/A 64.2 xxx
Dividend Yield xxx N/A 1.3% xxx
Div Pay Ratio(%) xxx 87.1% 84.9% xxx

Dividend yield today if purchased 3 years ago: 1.45%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

1.10

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: 04/03 - ex-div 14c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx27.5
DPS All xxxxxxxxxxxxxxx24.0
Sales/Revenue xxxxxxxxxxxxxxx207.0 M
Book Value Per Share xxxxxxxxxxxxxxx50.5
Net Operating Cash Flow xxxxxxxxxxxxxxx79.2 M
Net Profit Margin xxxxxxxxxxxxxxx32.44 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx59.09 %
Return on Invested Capital xxxxxxxxxxxxxxx53.08 %
Return on Assets xxxxxxxxxxxxxxx45.06 %
Return on Equity xxxxxxxxxxxxxxx59.09 %
Return on Total Capital xxxxxxxxxxxxxxx70.40 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx27.3 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx12 M
Total Debt xxxxxxxxxxxxxxx14 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx110 M
Price To Book Value xxxxxxxxxxxxxxx27.43

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx5.6 M
Capex % of Sales xxxxxxxxxxxxxxx2.73 %
Cost of Goods Sold xxxxxxxxxxxxxxx88 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx29 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx3 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

0.0

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

12/04/2024

1

Overweight

$17.50

-21.10%

Morgan Stanley sees upside risk to 4Q net inflows for Netwealth Group based on positive commentary by management when releasing consensus-beating 3Q net inflows and market movements.

Funds under management (FUA) of $84.8bn for the 3Q beat the broker's forecast by 6% and the consensus estimate of $80.1bn. The analysts highlight $2.7bn of 4Q net inflows are needed (same as achieved in Q3) to meet FY24 guidance for $10.1bn.

Management is expecting "June quarter FUA inflows to be very strong with several new large transitions commencing, in addition to higher seasonal flows and increased market activity."

The broker retains an Overweight rating with a $17.50 target. Industry view is In-Line.

FORECAST
Morgan Stanley forecasts a full year FY24 dividend of 29.30 cents and EPS of 34.50 cents.
Morgan Stanley forecasts a full year FY25 dividend of 35.10 cents and EPS of 41.30 cents.

Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

NWL STOCK CHART