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Netwealth Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for Netwealth Group and similar public comparables like dLocal, NCR Atleos, ACI Worldwide, Marex Group and more.
Netwealth Group Overview
About Netwealth Group
Netwealth provides cloud-based investment administration software as a service in Australia via its proprietary platform. Netwealthβs 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.
Founded
1999
HQ

Employees
636
Website
Sectors
Financials (LTM)
EV
$4B
Netwealth Group Financials
Netwealth Group reported last 12-month revenue of $254M and EBITDA of $126M.
In the same LTM period, Netwealth Group generated $125M in gross profit, $126M in EBITDA, and $88M in net income.
Revenue (LTM)
Netwealth Group P&L
In the most recent fiscal year, Netwealth Group reported revenue of $214M and EBITDA of $105M.
Netwealth Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $254M | XXX | $214M | XXX | XXX | XXX |
| Gross Profit | $125M | XXX | β | XXX | XXX | XXX |
| Gross Margin | 49% | XXX | β | XXX | XXX | XXX |
| EBITDA | $126M | XXX | $105M | XXX | XXX | XXX |
| EBITDA Margin | 50% | XXX | 49% | XXX | XXX | XXX |
| EBIT Margin | 48% | XXX | 47% | XXX | XXX | XXX |
| Net Profit | $88M | XXX | $80M | XXX | XXX | XXX |
| Net Margin | 34% | XXX | 37% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Netwealth Group Stock Performance
Netwealth Group has current market cap of $4B, and enterprise value of $4B.
Market Cap Evolution
Netwealth Group's stock price is $15.28.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4B | $4B | -0.1% | XXX | XXX | XXX | $0.33 |
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Start Free TrialNetwealth Group Valuation Multiples
Netwealth Group trades at 14.8x EV/Revenue multiple, and 29.8x EV/EBITDA.
EV / Revenue (LTM)
Netwealth Group Financial Valuation Multiples
As of April 2, 2026, Netwealth Group has market cap of $4B and EV of $4B.
Equity research analysts estimate Netwealth Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Netwealth Group has a P/E ratio of 42.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV/Revenue | 14.8x | XXX | 17.6x | XXX | XXX | XXX |
| EV/EBITDA | 29.8x | XXX | 35.7x | XXX | XXX | XXX |
| EV/EBIT | 31.0x | XXX | 37.1x | XXX | XXX | XXX |
| EV/Gross Profit | 30.0x | XXX | β | XXX | XXX | XXX |
| P/E | 42.8x | XXX | 47.0x | XXX | XXX | XXX |
| EV/FCF | 50.6x | XXX | 46.2x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Netwealth Group Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Netwealth Group Margins & Growth Rates
Netwealth Group's revenue in the last 12 month grew by 19%.
Netwealth Group's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.2M for the same period.
Netwealth Group's rule of 40 is 69% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Netwealth Group's rule of X is 100% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Netwealth Group Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 19% | XXX | 27% | XXX | XXX | XXX |
| EBITDA Margin | 50% | XXX | 49% | XXX | XXX | XXX |
| EBITDA Growth | 18% | XXX | 26% | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 69% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 100% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | β | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | β | XXX | 39% | XXX | XXX | XXX |
| Opex to Revenue | 51% | XXX | 48% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Netwealth Group Public Comps
See public comps and valuation multiples for other Embedded Finance comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| dLocal | XXX | XXX | XXX | XXX | XXX | XXX |
| NCR Atleos | XXX | XXX | XXX | XXX | XXX | XXX |
| ACI Worldwide | XXX | XXX | XXX | XXX | XXX | XXX |
| Marex Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Q2 Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Netwealth Group M&A Activity
Netwealth Group acquired XXX companies to date.
Last acquisition by Netwealth Group was on XXXXXXXX, XXXXX. Netwealth Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Netwealth Group
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialNetwealth Group Investment Activity
Netwealth Group invested in XXX companies to date.
Netwealth Group made its latest investment on XXXXXXXX, XXXXX. Netwealth Group invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Netwealth Group
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Netwealth Group
| When was Netwealth Group founded? | Netwealth Group was founded in 1999. |
| Where is Netwealth Group headquartered? | Netwealth Group is headquartered in Australia. |
| How many employees does Netwealth Group have? | As of today, Netwealth Group has over 636 employees. |
| Who is the CEO of Netwealth Group? | Netwealth Group's CEO is Matthew Heine. |
| Is Netwealth Group publicly listed? | Yes, Netwealth Group is a public company listed on Australian Securities Exchange. |
| What is the stock symbol of Netwealth Group? | Netwealth Group trades under NWL ticker. |
| When did Netwealth Group go public? | Netwealth Group went public in 2017. |
| Who are competitors of Netwealth Group? | Netwealth Group main competitors are dLocal, NCR Atleos, ACI Worldwide, Marex Group. |
| What is the current market cap of Netwealth Group? | Netwealth Group's current market cap is $4B. |
| What is the current revenue of Netwealth Group? | Netwealth Group's last 12 months revenue is $254M. |
| What is the current revenue growth of Netwealth Group? | Netwealth Group revenue growth (NTM/LTM) is 19%. |
| What is the current EV/Revenue multiple of Netwealth Group? | Current revenue multiple of Netwealth Group is 14.8x. |
| Is Netwealth Group profitable? | Yes, Netwealth Group is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Netwealth Group? | Netwealth Group's last 12 months EBITDA is $126M. |
| What is Netwealth Group's EBITDA margin? | Netwealth Group's last 12 months EBITDA margin is 50%. |
| What is the current EV/EBITDA multiple of Netwealth Group? | Current EBITDA multiple of Netwealth Group is 29.8x. |
| What is the current FCF of Netwealth Group? | Netwealth Group's last 12 months FCF is $74M. |
| What is Netwealth Group's FCF margin? | Netwealth Group's last 12 months FCF margin is 29%. |
| What is the current EV/FCF multiple of Netwealth Group? | Current FCF multiple of Netwealth Group is 50.6x. |
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