Net margin is calculated as Net Income divided by its Revenue. Netwealth Group's Net Income for the
six
months ended in Dec. 2025 was A$-2.2 Mil. Netwealth Group's Revenue for the
six
months ended in Dec. 2025 was A$184.4 Mil. Therefore, Netwealth Group's net margin for the quarter that ended in Dec. 2025 was -1.18%.
The historical rank and industry rank for Netwealth Group's Net Margin % or its related term are showing as below:
ASX:NWL'
s Net Margin % Range Over the Past 10 Years
Min: 16.32 Med: 34.53 Max: 37.96
Current: 16.32
ASX:NWL's Net Margin % is ranked better than 86.12% of 2825
companies
in the Software industry
Industry Median: 2.54
vs ASX:NWL: 16.32
Netwealth Group (ASX:NWL) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Netwealth Group Net Margin % Related Terms
Netwealth Group Net Margin % Historical Data
* Premium members only.
The historical data trend for Netwealth Group's Net Margin % 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.
ASX:NWL vs CRM, SHOP, UBER: Net Margin % Comparison
For the Software - Application subindustry, Netwealth Group's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Software Industry
For the Software industry and Technology sector, Netwealth Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Netwealth Group's Net Margin % falls into.
* 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) has a Net Margin % of -1.18% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Netwealth Group and its competitors. Over the past decade, Netwealth Group's Net Margin % has ranged from 16.32 to 37.96. According to the industry distribution chart, Netwealth Group ranks #392 out of 2825 companies in the Software industry, placing it in the top 13.9%.
Is Netwealth Group's Net Margin % too high?
Netwealth Group's current Net Margin % is -1.18%. Over the past 10 years, this metric has ranged from a low of 16.32 to a high of 37.96. Based on the distribution chart, Netwealth Group ranks #392 out of 2825 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netwealth Group has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netwealth Group's Net Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Netwealth Group ranks #392 out of 2825 companies for Net Margin %. This places Netwealth Group in the top 14% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.54. Historically, Netwealth Group's own Net Margin % has ranged from 16.32 to 37.96 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,825 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Netwealth Group and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netwealth Group's current Net Margin % is -1.18%. 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$35.09, compared to a current price of A$20.29 — trading 42.2% below its estimated fair value. The current Net Margin % is -1.18%. Netwealth Group's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Netwealth Group (ASX:NWL), the current Net Margin % is -1.18% 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$20.29 is trading 42.2% below its estimated GF Value™ of A$35.09.
GuruFocus considers Netwealth Group to be Significantly Undervalued.
Key valuation signals for ASX:NWL:
Net Margin %: -1.18%
GF Value™: A$35.09 vs. price of A$20.29 (42.2% below fair value)
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 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.
87GF Score
Get the complete analysis for ASX:NWL
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:NWL has been successfully added to your 
