Netwealth Group Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.65
Dividend & Yield0.20$ (1.53%)
Beta 0.5
Market capitalization 3.25B
Operating cash flow 51.15M
ESG Scores unknown

Company description

Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. It offers superannuation products, including accumulation and retirement income products; managed accounts; and managed funds, as well as investor directed portfolio services for self-managed super and non-super investments. The company also provides investment wrap products for self-managed super fund (SMSF) clients; investment options, such as listed and international securities, managed account models, managed funds, term deposits, premium services, and investor rewards; insurance products; forms and documents; and resources and tools, as well as advisory, licensee, and private wealth solutions. In addition, it 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.

Sector: Financial Services - Industry: Capital Markets

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities -996k 1.64M 1.61M 587k
Total Cashflows From Investing Activities 4.87M 2.96M 1.22M -3.22M
Net Borrowings -1.51M -1.51M -1.51M -1.33M
Total Cash From Financing Activities -5.24M -37.93M -33.57M -38.68M
Change To Operating Activities -1.09M -1.13M 420k -5.34M
Issuance Of Stock 3.06M 245k 31k 3.28M
Net Income 20.82M 34.3M 43.66M 54.1M
Change In Cash 17.68M 5.79M 27.06M -4.09M
Effect Of Exchange Rate
Total Cash From Operating Activities 18.05M 40.76M 59.41M 37.81M
Depreciation 677k 724k 3.26M 2M
Change To Account Receivables 71k -2.16M -1.76M -4.12M
Other Cashflows From Financing Activities
Change To Netincome -1.49M 7.35M 12.2M -9.48M
Capital Expenditures -911k -593k -915k -586k

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax 29.19M 50.08M 62.74M 77.23M
Net Income 20.82M 34.3M 43.66M 54.1M
Selling General Administrative 4.02M 4.76M 4.38M 5.78M
Gross Profit 54.52M 66.43M 82.33M 94.38M
Ebit 29.19M 51.2M 62.87M 77.48M
Operating Income 29.19M 51.2M 62.87M 77.48M
Interest Expense -121k -121k -121k -64k
Income Tax Expense 9.57M 14.88M 19.08M 23.13M
Total Revenue 83.26M 98.77M 123.91M 144.88M
Cost Of Revenue 28.74M 32.34M 41.58M 50.5M
Total Other Income ExpenseNet -1.12M -121k -247k
Net Income From Continuing Ops 19.62M 35.2M 43.66M 54.1M
Net Income Applicable To Common Shares 20.82M 34.3M 43.66M 54.1M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 11.34M 17.58M 35.86M 37.94M
Total Stockholder Equity 67.41M 63.85M 76.03M 93.18M
Other Current Liabilities 3.89M 7.62M 18.4M 7.13M
Total Assets 78.75M 81.42M 111.89M 131.12M
Common Stock 23.26M 23.5M 23.12M 26.4M
Other Current Assets 52k
Retained Earnings 43.38M 39.5M 51.62M 65.09M
Treasury Stock 778k 844k 1.29M 1.69M
Cash 52.67M 58.46M 85.52M 81.42M
Total Current Liabilities 10.76M 16.91M 31.14M 21.77M
Other Stockholder Equity 778k 844k 1.29M 1.69M
Property, Plant, and Equipment 2.86M 2.53M 6.35M 17.62M
Total Current Assets 66.8M 73.81M 101.44M 107.46M
Net Tangible Assets 67.07M 63.46M 75.73M 92.46M
Net Receivables 7.2M 10.1M 11.98M 18.31M
Accounts Payable 4.44M 5.91M 6.79M 7.13M


Insider Transactions

Here are the insider transactions of stock shares related to Netwealth Group Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Lewis (Davyd Charles Lewis)Sale at price 11.01 per share.D2021-08-23Independent Non-Executive Director32.73k
Boyle (Grant)D2021-06-30Chief Financial Officer93.4k
Lewis (Davyd Charles Lewis)Sale at price 10.07 per share.D2020-08-26Independent Non-Executive Director35.89k
Boyle (Grant)D2020-06-30Chief Financial Officer1.43k
Heine (Matthew Alexander Max)D2020-01-20Joint Managing director829.23k
Lewis (Davyd Charles Lewis)Sale at price 5.70 per share.D2019-09-06Independent Non-Executive Director60.05k
Boyle (Grant)D2019-06-30Chief Financial Officer20.09k
Heine (Matthew Alexander Max)D2019-06-25Joint Managing director829.23k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Netwealth Group Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Netwealth Group Limited

Here is the result of two systematic investment strategies applied to Netwealth Group Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Netwealth Group Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Netwealth Group Limited:

Netwealth Group Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 110.03% on the backtest period.

Performance at glance

Performance

110.03 %

Latent gain

1641.24 $

Invested capital

1491.66 $

Annualized return

32.55 %
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Momentum strategy results on Netwealth Group Limited

This is the result of two momentum investment strategies applied to Netwealth Group Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Netwealth Group Limited

The following chart shows all the entries opened by the momentum investment system on Netwealth Group Limited:

Netwealth Group Limited momentum entries
  • The first momentum investment strategy would give 136.29% of return on Netwealth Group Limited. That represents 5441.5$ of latent gain with 3992.6$ of employed capital.
  • The second momentum investment strategy would give 108.0% of return on Netwealth Group Limited. That represents 2692.74$ of latent gain with 2493.36$ of employed capital.
Performance at glance (1Q Momentum)

Performance

136.29 %

Latent gain

5441.5 $

Invested capital

3992.6 $

Annualized return

125.17 %
Performance at glance (2Q Momentum)

Performance

108.0 %

Latent gain

2692.74 $

Invested capital

2493.36 $

Annualized return

37.24 %

Momentum equity curve on Netwealth Group Limited

The following chart shows the equity curve of the two momentum strategies applied to Netwealth Group Limited:

Netwealth Group Limited momentum equity

Note: the dividends potentially given by Netwealth Group Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Netwealth Group Limited

The following chart shows the employed capital evolution of the two momentum strategies on Netwealth Group Limited since the beginning:

Netwealth Group Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Netwealth Group Limited

Buy the dip entry openings on Netwealth Group Limited

Netwealth Group Limited

The performance achieved by the robo-advisor on Netwealth Group Limited is 172.73%. That represents 437.19$ of latent gain with 253.11$ of employed capital. The following chart shows Netwealth Group Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Netwealth Group Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

172.73 %

Latent gain

437.19 $

Invested capital

253.11 $

Annualized return

125.17 %

Equity curve of the strategy applied to Netwealth Group Limited

The following chart shows the result of the investment strategy applied to Netwealth Group Limited:

Netwealth Group Limited

Note: the dividends potentially given by Netwealth Group Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Netwealth Group Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Netwealth Group Limited:

Netwealth Group Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Netwealth Group Limited

In this section, I will compare the three previous investment strategies applied to Netwealth Group Limited.

Equity curve comparison on Netwealth Group Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Netwealth Group Limited investment strategy comparison

Employed capital comparison on Netwealth Group Limited

Netwealth Group Limited investment comparison

Performance comparison on Netwealth Group Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 110.03% 1641.24$ 1491.66$ 32.55%
Momentum 1 quarter 136.29% 5441.5$ 3992.6$ 43.4%
Momentum 2 quarters 108.0% 2692.74$ 2493.36$ 37.24%
Non-directional 172.73% 437.19$ 253.11$ 125.17%
Annualized return comparison

Automatic investment

32.55 %

Momentum 1Q

37.24 %

Momentum 2Q

37.24 %

Non-directional

125.17 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Netwealth Group Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Netwealth Group Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Netwealth Group Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Netwealth Group Limited
Country Australia
City Melbourne
Address 180 Flinders Street
Phone 61 3 9655 1300
Website www.netwealth.com.au
FullTime employees
Industry Capital Markets
Sector Financial Services
Exchange XASX
Ticker NWL.XASX
Market www2.asx.com.au

Netwealth Group Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown