Netwealth Group Limited (NWL) - Research

$9.000
Prices as at 16:05, 22 Apr 2019

NWL Current Share Price+

Current Price $9.000
Open $8.950
High $9.070
Low $8.950
Last Close $9.000
Volume 295492
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

NWL General Information

Netwealth Group Limited
NWL
http://www.netwealth.com.au
Asset Management & Custody Banks
2,139
238

NWL Company Overview

Business Description

Netwealth Group Limited (NWL) is a technology Company that offers superannuation and non-superannuation Platform products that provide innovative portfolio administration, investment management tools, investment and managed account solutions, primarily to Financial Intermediaries and clients.

NWL Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 46.49 19.56 27.00% 46.01 14.00 1.56% 100.0%
2019 F 36.61 15.40 23.20% 58.44 11.00 1.22% 100.0%
2018 A 29.05 12.50 61.40% 56.11 9.15 1.30% 100.0%

NWL Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
IOOF (IFL) $2,324M 0.5416 0.0113 0.0469 12.2661 12.1290 11.5856 8.16% 7.53% 7.55%
Magellan Financial Group (MFG) $7,261M 0.3568 0.2415 0.0692 26.4841 21.3319 19.9513 3.28% 4.21% 4.49%
Netwealth Group (NWL) $2,137M 0.0000 0.7030 0.3280 106.3905 62.4739 47.0434 0.60% 1.24% 1.70%
Pendal Group (PDL) $2,767M 0.1207 -0.1712 0.1015 12.0716 14.5655 13.2239 5.98% 5.72% 6.21%
Platinum Asset Mgmt (PTM) $2,863M 0.0325 -0.1645 0.0782 14.8917 17.8232 16.5312 6.56% 5.57% 5.91%

NWL Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.49 68.20 31.70 1.35
Market 0.67 14.50 1.21 1.11
Sector 0.95 13.30 1.01 1.81

NWL Directors

Name Position Start Date
Mr Matthew (Matt) Alexander Max Heine Joint Managing Director 30 Jun 2017
Mr Michael Max Heine Joint Managing Director 30 Jun 2017
Ms Jane Tongs Non-Executive Chairman, Non-Executive Director 30 Jun 2017
Mr Davyd Lewis Non-Executive Director 30 Jun 2017
Mr Timothy Michael Antonie Non-Executive Director 30 Jun 2017

NWL Management

Name Position
Grant Boyle Chief Financial Officer,Joint Company Secretary
John Hanrahan Chief Information Officer
Rachel Axton General Manager - Legal, Risk and Compliance,Joint Company Secretary
Alistair Densley General Manager, Operations
Philip Coldwell General Manager, Product

NWL Substantial Shareholders

Holding Name
125,904,990 (52.97%) Heine Brothers Pty Ltd
27,670,016 (11.64%) HSBC Custody Nominees (Australia) Limited
22,109,465 (9.30%) Leslie Max Heine Pty Ltd
12,633,650 (5.32%) Netwealth Investments Limited

NWL Calendar of Events

Date Event
17 February 2020 Report (Interim)
26 August 2019 Report (Annual)
26 August 2019 Report (Prelim)

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