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Netwealth Group (ASX:NWL) Market Cap : A$5,093.0 Mil (As of Jun. 05, 2024)


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What is Netwealth Group Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Netwealth Group's share price for the quarter that ended in Dec. 2023 was A$15.4. Netwealth Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 244.0 Mil. Therefore, Netwealth Group's market cap for the quarter that ended in Dec. 2023 was A$3,758.0 Mil.

Netwealth Group's quarterly market cap increased from Dec. 2022 (A$2,951.0 Mil) to Jun. 2023 (A$3,375.5 Mil) and increased from Jun. 2023 (A$3,375.5 Mil) to Dec. 2023 (A$3,758.0 Mil).

Netwealth Group's annual market cap declined from Jun. 2021 (A$4,181.2 Mil) to Jun. 2022 (A$2,964.8 Mil) but then increased from Jun. 2022 (A$2,964.8 Mil) to Jun. 2023 (A$3,375.5 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Netwealth Group's Enterprise Value for Today is A$4,993.0 Mil.


Netwealth Group Market Cap Historical Data

The historical data trend for Netwealth Group's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Netwealth Group Market Cap Chart

Netwealth Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
Get a 7-Day Free Trial 1,901.44 2,132.12 4,181.22 2,964.78 3,375.45

Netwealth Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,313.05 2,964.78 2,951.01 3,375.45 3,758.00

Competitive Comparison of Netwealth Group's Market Cap

For the Capital Markets subindustry, Netwealth Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Netwealth Group's Market Cap Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Netwealth Group's Market Cap distribution charts can be found below:

* The bar in red indicates where Netwealth Group's Market Cap falls into.



Netwealth Group Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Netwealth Group's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=A$13.84*243.891
=A$3,375.5

Netwealth Group's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=A$15.4*244.026
=A$3,758.0

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Netwealth Group  (ASX:NWL) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Netwealth Group Market Cap Related Terms

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Netwealth Group (ASX:NWL) Business Description

Traded in Other Exchanges
N/A
Address
180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000
Netwealth provides cloud-based investment administration software as a service, or SaaS, in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform which are managed by third-party investment managers.