- Netwealth’s funds under administration (FUA) reached A$120.80 billion by the end of the period.
- FUA net inflows amounted to A$4.08 billion.
- Funds under management (FUM) stood at A$29.49 billion at the period’s end.
- The company had a total of 167,380 member accounts.
- Analyst recommendations included 4 “buy” ratings, 12 “hold” ratings, and 2 “sell” ratings.
Netwealth Group on Smartkarma
Analysts on Smartkarma, like Gaudenz Schneider, are closely following Netwealth Group. In a recent report titled “Netwealth (NWL AU) Vs. Hub24 (HUB AU): Can Netwealth Catch Up to Hub24βs Momentum?” the sentiment leans towards bullish. The report highlights the unique opportunity presented by the divergence in performance between the two growth stocks, Netwealth and Hub24. Schneider points out that the price ratio between the two companies has deviated significantly from its one-year average, offering a potential relative value play. The analysis delves into the similarities in business models and target markets of the two companies, emphasizing the importance of current price momentum for relative value trades.
A look at Netwealth Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Netwealth Group Limited, a company that provides investment management services, shows a promising long-term outlook based on the Smartkarma Smart Scores analysis. With a strong focus on growth and resilience, Netwealth Group has scored high in these areas, indicating a positive future trajectory. The company’s emphasis on portfolio management, insurance, advisory, and investment solutions aligns well with its high growth and resilience scores, positioning it well for sustained success in the market.
While Netwealth Group’s value, dividend, and momentum scores fall somewhat lower, its impressive growth and resilience ratings overshadow these lesser scores, demonstrating the company’s overall strength and potential for enduring performance in the long run. With a customer base in Australia, Netwealth Group is well-positioned to capitalize on its strengths and continue providing top-tier investment management services for its clients.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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