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How to buy Netwealth Group (NWL) shares in Australia

Learn how to easily invest in Netwealth Group shares.

Netwealth Group is a capital markets business based in Australia. Netwealth Group shares (NWL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Netwealth Group has a trailing 12-month revenue of around $255.2 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Netwealth Group

To buy shares listed in Australia such as Netwealth Group, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose or you can see our list of the best share trading platforms in Australia. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for Netwealth Group.
    Find the share by name or ticker symbol: NWL. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until Netwealth Group reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. Decide on how many to buy.
    At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  5. Check on your investment.
    Congratulations, you own a part of Netwealth Group. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

Netwealth Group stock price (ASX:NWL)

Use our graph to track the performance of NWL stocks over time.

Netwealth Group shares at a glance

Information last updated 2024-08-30.
52-week range$11.9001 - $23.8538
50-day moving average $22.3478
200-day moving average $19.4921
Target price$19.87
PE ratio 66.2353
Dividend yield $0.28 (1.24%)
Earnings per share (TTM) $0.34

Where to buy Netwealth Group shares

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Netwealth Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Netwealth Group price performance over time

Historical closes compared with the last close of A$21.89

1 week (2024-08-29) -1.44%
1 month (2024-08-06) -0.23%
3 months (2024-06-06) 2.58%
6 months (2024-03-06) 10.84%
1 year (2023-09-06) 42.05%
2 years (2022-09-06) 75.68%
3 years (2021-09-06) 40.50%
5 years (2019-09-06) 166.30%

Is Netwealth Group under- or over-valued?

Valuing Netwealth Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Netwealth Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Netwealth Group's P/E ratio

Netwealth Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 66x. In other words, Netwealth Group shares trade at around 66x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Netwealth Group's EBITDA

Netwealth Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $126.6 million (£0.0 million).

The EBITDA is a measure of a Netwealth Group's overall financial performance and is widely used to measure stock profitability.

Netwealth Group financials

Revenue TTM $255.2 million
Operating margin TTM 50.25%
Gross profit TTM $136.9 million
Return on assets TTM 44.77%
Return on equity TTM 62.32%
Profit margin 32.66%
Book value 0.592
Market capitalisation $5.5 billion

TTM: trailing 12 months

Netwealth Group share dividends

79%

Dividend payout ratio: 79.18% of net profits

Recently Netwealth Group has paid out, on average, around 79.18% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.24% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Netwealth Group shareholders could enjoy a 1.24% return on their shares, in the form of dividend payments. In Netwealth Group's case, that would currently equate to about A$0.28 per share.

Netwealth Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 25 August 2024 (the "ex-dividend date").

Netwealth Group share price volatility

Over the last 12 months, Netwealth Group's shares have ranged in value from as little as $11.9001 up to $23.8538. A popular way to gauge a stock's volatility is its "beta".

NWL.AU volatility(beta: 0.89)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Netwealth Group's is 0.887. This would suggest that Netwealth Group's shares are less volatile than average (for this exchange).

Netwealth Group overview

Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. The company operates a platform that offers superannuation, including accumulation and retirement income products; investor directed portfolio services for self-managed superannuation and non-superannuation investments; managed accounts and funds, self-managed superannuation funds administration; and non-custodial administration and reporting services. It also provides investment wrap products; investment options, such as listed and international securities, managed account models, managed funds, term deposits, premium services, and investor rewards; insurance products; forms and disclosure documents; and resources and tools, as well as advisory, licensee, and private wealth solutions. In addition, the company offers superannuation master fund, managed accounts, and self-managed superannuation and non-custodial administration services; and portfolio management tools, performance tools, investment research tools, and mobile access tools. It provides its financial services to investors and non-institutional intermediaries, including financial advisers, private clients, and high net worth firms. The company was founded in 1999 and is headquartered in Melbourne, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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