Netwealth Group Limited Ratios | P/E, ROE & Valuation

On the Key Ratios page for Netwealth Group Limited (NWL), the latest P/E of 103.3 frames valuation, while ROE 32.56% and ROIC 30.99% indicates profitability and capital efficiency. Together with the current ratio of 1.77 and debt-to-equity 0.15, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

NWL Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$1.45$1.28$1.05$0.85$0.71$0.59$0.51$0.42$0.36$0.26
Net Income per Share$0.23$0.48$0.34$0.28$0.23$0.23$0.18$0.14$0.09$0.06
Operating Cash Flow per Share$0.58$0.52$0.37$0.32$0.24$0.16$0.25$0.17$0.08$0.05
Free Cash Flow per Share$0.57$0.49$0.35$0.30$0.23$0.15$0.25$0.17$0.07$0.05
Cash per Share$0.75$0.71$0.52$0.45$0.37$0.34$0.36$0.26$0.25$0.10
Book Value per Share$0.61$0.81$0.59$0.50$0.43$0.39$0.32$0.27$0.29$0.16
Tangible Book Value per Share$0.50$0.71$0.55$0.48$0.42$0.39$0.32$0.27$0.29$0.16
Interest Debt per Share$0.10$0.06$0.06$0.06$0.06$0.07$0.02$0.00$0.00$0.00
CAPEX per Share$0.01$0.03$0.02$0.02$0.01$0.00$0.00$0.00$0.00$0.00

NWL Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)103.2570.5363.2650.2653.3776.0648.835691.7293.29
Price to Book (P/B)39.1241.2736.4927.4328.4444.1628.0430.0828.3233
Price to Sales (P/S)16.5126.3120.6616.317.1528.9817.5719.4422.9320.85
Enterprise Value to EBITDA75.6149.6341.320051.6431.0135.8362.1749.43
EV to Sales16.1325.8820.2215.8416.7328.5316.9118.8522.320.49
EV to Operating Cash Flow40.4863.7257.3741.3948.51107.1234.5345.69102.8496.86
EV to Free Cash Flow40.9667.9660.6844.5651.07110.4335.0746.36108.3106.18
Enterprise Value$5.72B$8.08B$5.16B$3.28B$2.89B$4.05B$2.05B$1.86B$1.86B$1.24B

NWL Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)32.56%58.51%57.69%54.57%53.29%58.06%57.43%53.71%30.88%35.37%
Return on Invested Capital (ROIC)30.99%49.74%58.14%47.11%45.01%50.07%65.01%60.17%31.91%40.90%
Return on Tangible Assets20.38%50.38%46.36%43.22%41.46%41.49%39.12%42.32%26.55%28.45%
Earnings Yield0.97%1.42%1.58%1.99%1.87%1.31%2.05%1.79%1.09%1.07%
Free Cash Flow Yield2.38%1.45%1.61%2.18%1.91%0.89%2.74%2.09%0.90%0.93%
Dividend Yield1.76%0.94%1.25%1.52%1.60%0.99%1.51%1.99%0.43%0.35%

NWL Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio1.7785.125.36.474.943.264.366.213.5
Interest Coverage115.16000158.421165.31498.36000
Income Quality2.4901.081.181.070.71.361.190.870.79
Debt to Equity0.150.070.10.110.140.180.07000
Debt to Assets7.49%5.25%7.87%8.39%11.08%12.53%4.53%0.00%0.00%0.00%
Net Debt to EBITDA-1.8-0.83-0.8900-0.83-1.22-1.13-1.76-0.88

NWL Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover5.4211.339.3811.6111.749.9311.759.7813.9711.23
Payables Turnover5.425.396.918.259.568.648.185.476.476.82
Inventory Turnover000-179.46-68.64-115.18-46.8-9.8-5.13-37.33
Days Sales Outstanding67.3232.2138.9331.4531.136.7731.0537.3226.1232.49
Days Payables Outstanding67.3967.7652.8244.2638.1642.2344.6266.7456.4453.48
Days of Inventory on Hand000-2.03-5.32-3.17-7.8-37.25-71.2-9.78

NWL Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA75.6149.6341.320051.6431.0135.8362.1749.43
Market Cap$5.86B$8.22B$5.27B$3.38B$2.96B$4.12B$2.13B$1.92B$1.91B$1.26B
Enterprise Value$5.72B$8.08B$5.16B$3.28B$2.89B$4.05B$2.05B$1.86B$1.86B$1.24B
Dividend Yield1.76%0.94%1.25%1.52%1.60%0.99%1.51%1.99%0.43%0.35%
Payout Ratio166.24%66.14%79.01%76.26%85.58%75.10%73.49%111.30%39.87%33.05%

Frequently Asked Questions

Is Netwealth Group Limited stock overvalued based on its P/E ratio?

On this page, NWL's current P/E is 103.3, compared with a multi-year average around 70.7. A higher P/E versus its own history can indicate the market is pricing in stronger earnings growth or better durability. To judge whether the premium is justified, cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so you can separate quality strength from expectations alone.

What is Netwealth Group Limited market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $5.86B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for Netwealth Group Limited compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to Netwealth Group Limited's own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does Netwealth Group Limited compare to its competitors in key financial ratios?

The fastest way to compare Netwealth Group Limited with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Netwealth Group Limited outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is Netwealth Group Limited financially strong based on its ratios?

To assess whether Netwealth Group Limited is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 1.77, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 115.16, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.15, suggesting leverage is more moderate relative to a high-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do Netwealth Group Limited's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Netwealth Group Limited is sustaining strong returns (for example ROE at 32.56% and ROIC at 30.99%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.