NWL share price in focus
Founded in 1999, Netwealth is a wealth management firm that offers a platform for financial planners to manage their clients’ investments.
As of 2024, Netwealth has over 140,000 account holders on its platform and over $88 billion of funds under administration (FUA).
Netwealth’s key advantage lies in its scale and user-friendly online platform. With a simple dashboard, users can easily buy and sell investments, track performance, and access charts, reports, and tax statements all in one place.
MIN shares
Mineral Resources Limited is a diversified Australian mining company focused on lithium and iron ore extraction across Western Australia.
MIN also provides mining and engineering services for external clients through its wholly-owned subsidiary, CSI Mining Services (CSI). Through CSI, Mineral Resources can provide capital infrastructure and operational expertise to clients across WA, Queensland, and the Northern Territory.
MIN aims to set itself apart from its competitors by maintaining in-house engineering and construction capability that grants full control and flexibility during product development.
NWL & MIN share price valuation
As a growth company, some of the trends we might investigate from NWL include revenue growth, profit growth, and return on equity (ROE). These measures can indicate the growth rates and prospects of the company, as well as their ability to generate returns from their assets.
Since 2021, NWL has grown revenue at a rate of 20.8% per year to reach $255m in FY24. Over the same stretch of time, net profit has increased from $54m to $83m. As for ROE, NWL last reported a ROE of 62.3%.
Over the last 3 years, MIN has increased revenue at a rate of 12.2% per year to hit $5,278m in FY24. Meanwhile, net profit has fallen from $1,270m to $125m. As for ROE, MIN’s last reported figure was 3.2%.
Please keep in mind that context is important. These metrics give us some indication of company performance, but it’s just the start of valuing NWL or MIN shares. To learn more about valuation, check out one of our free online investing courses.
