Netwealth Group (ASX:NWL) Tax Rate %: 76.28% (As of Dec. 2025)

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ASX:NWL Netwealth Group Ltd ASX:NWL
84 GF Score
Price A$21.89
GF Value A$35.73
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Netwealth Group Tax Rate %?

Netwealth Group ASX:NWL -2.15% 84 Tax Rate % is 76.28% as of Dec. 2025. GuruFocus rates ASX:NWL with a GF Score™ of 84/100 and a GF Value™ of A$35.73 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Netwealth Group's Tax Expense for the six months ended in Dec. 2025 was A$-7.0 Mil. Netwealth Group's Pre-Tax Income for the six months ended in Dec. 2025 was A$-9.2 Mil. Therefore, Netwealth Group's Tax Rate % for the quarter that ended in Dec. 2025 was 76.28%.

Netwealth Group Tax Rate % Related Terms

Netwealth Group Tax Rate % Historical Data

* Premium members only.

The historical data trend for Netwealth Group's Tax Rate % 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 Tax Rate % Chart

Netwealth Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Rate %
Get a 7-Day Free Trial 29.95 31.51 30.78 30.78 25.83

Netwealth Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Rate % 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 30.89 30.69 23.63 27.86 76.28
ASX:NWL
84GF Score
Netwealth Group Ltd ASX:NWL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Netwealth Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Netwealth Group's Tax Rate % for the fiscal year that ended in Jun. 2025 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2025 )/Pre-Tax Income (A: Jun. 2025 )
=40.587/157.107
=25.83 %

Netwealth Group's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=-6.987/-9.16
=76.28 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 76.28% mean?
Netwealth Group (ASX:NWL) has a Tax Rate % of 76.28% as of Dec. 2025.
Is Netwealth Group's Tax Rate % too high?
Netwealth Group's current Tax Rate % is 76.28%. Overall, Netwealth Group has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netwealth Group's Tax Rate % compare to UBER and SHOP?
Netwealth Group's Tax Rate % of 76.28% 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 Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Netwealth Group's current Tax Rate % is 76.28%. 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$35.73, compared to a current price of A$21.89 — trading 38.7% below its estimated fair value. The current Tax Rate % is 76.28%. Netwealth Group's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Netwealth Group (ASX:NWL), the current Tax Rate % is 76.28% 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$21.89 is trading 38.7% below its estimated GF Value™ of A$35.73. GuruFocus considers Netwealth Group to be Significantly Undervalued.

Key valuation signals for ASX:NWL:

  • Tax Rate %: 76.28%
  • GF Value™: A$35.73 vs. price of A$21.89 (38.7% below fair value)
  • GF Score™: 84/100 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.
84GF Score

Get the complete analysis for ASX:NWL

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$21.89
Price
A$35.73
GF Value