Netwealth Group Share Price and Company Fundamentals
Last traded: Last Wednesday at 6:10 AM
Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. The company offers superannuation products, including accumulation and retirement income products; managed accounts; and managed funds, as well as investor directed portfolio services. It also provides investment wrap products for self-managed super fund (SMSF) or high net-worth clients; investment options, such as listed securities, managed account models, managed funds, term deposits, premium services, and others; insurance products; forms and documents; and resources and tools, as well as advisory, licensee, and private wealth solutions. In addition, the company offers a superannuation master fund, separately managed accounts, and self-managed superannuation administration services; and portfolio management tools, performance tools, investment research tools, and mobile access tools. The company offers its financial services to investors and non-institutional intermediaries, including financial advisers, private clients, and high net worth firms. Netwealth Group Limited was founded in 1999 and is headquartered in Melbourne, Australia.
Key Metrics
PE ratio
60.52
PB ratio
35.71
Dividend yield
1.32%
Beta
0.22
Market cap
$3.14B
Enterprise value
$3.42B
Company profile
| Primary activities | Provider of superannuation and non-superannuation platform products to financial intermediaries and clients |
|---|---|
| Industry / Sector | Capital Markets / Financial Services |
| Website | http://www.netwealth.com.au |
| Mailing address | 52 Collins Street Level 8 Melbourne VIC 3000 Australia |
| Phone / Fax | 61 3 9655 1300 / 61 3 9655 1333 |
| Share registry | LINK MARKET SERVICES LIMITED |
Dividends
More: Netwealth Group Dividend history, yield and payout ratio
Dividend yield
1.32%
Dividend amount
$0.17
Payout ratio
68.92%
Netwealth Group paid $0.17 dividend and the ex-dividend date was 22 Feb 2021.The dividend payout ratio is 68.92%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.NWL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
NWL's forward dividend amount is $0.18 and the forward dividend yield is 1.22%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2021, following are the company executives and directors listed on Netwealth Group.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Michael Max Heine | Joint MD & Director | 216.05k | |
| Mr. Matthew Alexander Max Heine | Joint MD & Director | 742k | |
| Mr. Grant A. Boyle | CFO & Joint Company Sec. | 400.94k | |
| Mr. Alistair Densley | Gen. Mang. of Operations | ||
| Mr. John Hanrahan | Chief Information Officer | ||
| Ms. Amanda Atkinson | Head of Investor Services | ||
| Ms. Rachel Axton | GM of Legal, Risk & Compliance and Joint Company Sec. | ||
| Ms. Mary Limperis | Gen. Mang. of HR | ||
| Mr. Nick Mitchell | Head of Distribution |
Profitability and management effectiveness
Profit margin
36.87%
Operating margin
52.79%
Return on assets
43.61%
Return on equity
65.58%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Netwealth Group is 3.14B and its enterprise value is 3.42B. The enterprise value to revenue ratio of NWL is 24.83.
The NWL's stocks Beta value is 0.22 making it 78% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Netwealth Group (ASX:NWL) Frequently Asked Questions
1. What is Netwealth Group's Stock Symbol?
Netwealth Group trades on ASX under the ticker symbol "NWL".
2. What is Netwealth Group's stock price today?
One share of NWL stock can currently be purchased for approximately $12.89.
3. How can I contact Netwealth Group?
Netwealth Group's mailing address is 52 Collins Street Level 8 Melbourne VIC 3000 Australia. The company can be reached via phone at 61 3 9655 1300.
4. What is Netwealth Group's official website?
The official website of Netwealth Group is http://www.netwealth.com.au.
5. Which share registry manages Netwealth Group's stock?
Netwealth Group's stock is managed by LINK MARKET SERVICES LIMITED.