Netwealth Group (ASX:NWL) General and Admin. Expense: A$133.7 Mil (TTM As of Dec. 2025)


ASX:NWL Netwealth Group Ltd ASX:NWL
88 GF Score
Price A$20.56
GF Value A$35.14
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Netwealth Group General and Admin. Expense?

Netwealth Group ASX:NWL +0.29% 88 General and Admin. Expense is A$133.7 Mil as of Dec. 2025. GuruFocus rates ASX:NWL with a GF Score™ of 88/100 and a GF Value™ of A$35.14 (Significantly Undervalued). The stock has 2 warning signs investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. Netwealth Group's General and Admin. Expense for the six months ended in Dec. 2025 was A$66.5 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$133.7 Mil.


Netwealth Group General and Admin. Expense Related Terms


Netwealth Group General and Admin. Expense Historical Data

* Premium members only.

The historical data trend for Netwealth Group's General and Admin. Expense 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.

Netwealth Group General and Admin. Expense Chart

Netwealth Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
General and Admin. Expense
Get a 7-Day Free Trial 50.50 75.55 89.83 104.19 120.45

Netwealth Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
General and Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.11 58.08 53.27 67.18 66.48
ASX:NWL
88GF Score
Netwealth Group Ltd ASX:NWL
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Netwealth Group General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$133.7 Mil.

* 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.

What does a General and Admin. Expense of A$133.7 Mil mean?
Netwealth Group (ASX:NWL) has a General and Admin. Expense of A$133.7 Mil as of Dec. 2025. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Netwealth Group and its competitors.
Is Netwealth Group's General and Admin. Expense too high?
Netwealth Group's current General and Admin. Expense is A$133.7 Mil. Overall, Netwealth Group has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netwealth Group's General and Admin. Expense compare to UBER and SHOP?
Netwealth Group's General and Admin. Expense of A$133.7 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good General and Admin. Expense for a Software company?
A good General and Admin. Expense depends on the Software industry context. However, General and Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Netwealth Group and its competitors. Netwealth Group's current General and Admin. Expense is A$133.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netwealth Group stock overvalued right now?
Based on GuruFocus' analysis, Netwealth Group (ASX:NWL) is currently considered Significantly Undervalued. The stock's GF Value™ is A$35.14, compared to a current price of A$20.56 — trading 41.5% below its estimated fair value. The current General and Admin. Expense is A$133.7 Mil. Netwealth Group's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For Netwealth Group (ASX:NWL), the current General and Admin. Expense is A$133.7 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Netwealth Group (ASX:NWL) Overvalued in 2026?

Based on GuruFocus' analysis, Netwealth Group stock appears to be undervalued. The current stock price of A$20.56 is trading 41.5% below its estimated GF Value™ of A$35.14. GuruFocus considers Netwealth Group to be Significantly Undervalued.

Key valuation signals for ASX:NWL:

  • General and Admin. Expense: A$133.7 Mil
  • GF Value™: A$35.14 vs. price of A$20.56 (41.5% below fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the ASX:NWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Netwealth Group Business Description

Address 180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000
Netwealth provides cloud-based investment administration software as a service 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.
88GF Score

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General and Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$20.56
Price
A$35.14
GF Value