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Netwealth Group Limited (NWL) - Share Price and Research

$17.600 0.29 (1.62%)

NWL General Information +

ASX Code NWL
Website http://www.netwealth.com.au
GICS Sub-Industry Asset Management & Custody Banks
Market Cap ($M) 4,183
NWL Share Price $17.600
Day High $18.290
Day Low $17.580
Last Close $17.890
NWL Share Price Movement $0.29 ( 1.62% )
Prices as at 15:30, 26 Oct 2020
+Security prices are delayed by at least 20 minutes and are indicative only.

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 (%)
2022 F 68.43 28.79 23.70% 62.14 20.00 1.12% 100.0%
2021 F 55.31 23.27 32.50% 76.88 16.00 0.89% 100.0%
2020 A 41.73 17.56 21.00% 45.62 14.70 1.84% 100.0%

NWL Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2020 A 2021 F 2022 F 2020 A 2021 F 2022 F 2020 A 2021 F 2022 F
IOOF (IFL) $2,110M -0.5389 -0.1568 0.2645 11.6362 13.8004 10.9134 7.79% 4.52% 5.98%
Magellan Financial Group (MFG) $10,921M 0.0591 0.0477 0.1471 24.8382 23.7064 20.6665 3.61% 3.85% 4.39%
Netwealth Group (NWL) $4,362M 0.2133 0.1911 0.2322 99.8911 83.8665 68.0638 0.80% 0.91% 1.12%
Pendal Group (PDL) $2,185M -0.1773 -0.2027 0.0135 11.4185 14.3220 14.1307 6.65% 5.78% 6.07%
Platinum Asset Mgmt (PTM) $1,836M -0.0100 -0.2093 -0.0529 11.6966 14.7921 15.6188 7.67% 6.63% 6.23%

NWL Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.61 91.90 55.90 4.34
Market 0.51 19.70 1.72 1.24
Sector 0.87 20.10 1.03 2.46

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
Ms Sally Margaret Freeman Non-Executive Director 10 Oct 2019

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
Amanda Atkinson Head of Investor Services

NWL Substantial Shareholders

Holding Name
144,165,860 (60.65%) Matthew Alexander Max Heine
141,001,205 (59.32%) Nicholas St Clair Max Heine
140,954,455 (59.30%) Michael Max Heine
140,954,455 (59.30%) Heine Brothers Pty Ltd
22,109,465 (9.30%) Leslie Max Heine Pty Ltd

NWL Calendar of Events

Date Event
17 August 2021 Report (Annual)
17 August 2021 Report (Prelim)
16 February 2021 Report (Interim)

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