NobleOak Life Ltd (NOL) AI Stock Analysis

• Market Cap: AU$127.60M
• Dividend Yield: N/A
• Average Volume (3M): 30.39K
• Price to Earnings (P/E): 9.0
• Beta (1Y): 0.11
• Revenue Growth: 82.25%
• EPS Growth: 73.36%
• Country: AU
• Employees: N/A
• Sector: Financial
• Sector Strength: 83
• Industry: Insurance - Life
• EPS (TTM): 0.15
• Shares Outstanding: 92,799,430
• 10 Day Avg. Volume: 35,382
• 30 Day Avg. Volume: 30,385
• PEG Ratio: 0.58
• Price to Book (P/B): 1.81
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.03
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$2.85
• Price Target Upside: 106.52% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: AU$1.50 ▲(8.70%Upside)

NobleOak Life Ltd exhibits strong financial performance with consistent revenue growth and robust cash flow, although operational inefficiencies need to be addressed. The technical indicators suggest a neutral market trend, while the valuation indicates potential for capital appreciation. The lack of earnings call and corporate events data limits further insights.

NobleOak Life Ltd Business Overview & Revenue Model

Company Description

NobleOak Life Limited manufactures and distributes life insurance products in Australia. The company offers term death, total and permanent disability, trauma, and income protection and business expenses insurance products. It sells its products through direct-to-market and alliance partners, as well as strategic partner channels. The company was founded in 1861 and is headquartered in Sydney, Australia.

How the Company Makes Money

NobleOak Life Ltd generates revenue primarily through the sale of its insurance products. The company's business model focuses on direct sales to consumers, minimizing the need for intermediaries, which allows them to offer competitive pricing. Key revenue streams include premiums collected from policyholders for life insurance, income protection, TPD, and trauma insurance products. NobleOak's earnings are influenced by factors such as underwriting performance, claims experience, and investment income from managing reserves. The company may also engage in partnerships with financial advisors and comparison platforms to enhance its market presence and distribution capabilities.

NobleOak Life Ltd Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
110.32M	90.92M	180.59M	61.32M	53.20M
	Gross Profit
120.15M	90.92M	180.59M	61.32M	53.20M
	EBIT
7.33M	14.30M	2.60M	9.18M	10.75M
	EBITDA
15.56M	18.67M	4.22M	8.52M	11.96M
	Net Income Common Stockholders
9.28M	7.99M	1.69M	4.90M	7.64M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
63.96M	50.41M	30.26M	31.41M	28.09M
	Total Assets
463.73M	251.15M	121.08M	72.62M	57.11M
	Total Debt
5.26M	5.83M	556.00K	1.46M	2.28M
	Net Debt
-58.70M	-44.58M	-29.71M	-30.39M	-26.24M
	Total Liabilities
392.33M	131.31M	9.45M	-12.00M	-6.91M
	Stockholders Equity
71.41M	119.84M	111.63M	84.62M	64.02M
Cash Flow		Free Cash Flow
44.02M	129.66M	23.49M	-2.17M	6.49M
	Operating Cash Flow
44.42M	130.14M	27.98M	-720.00K	6.59M
	Investing Cash Flow
-29.86M	-108.81M	-53.33M	-10.37M	1.30M
	Financing Cash Flow
-1.01M	-1.18M	23.77M	14.42M	9.11M

NobleOak Life Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.38
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NOL, the sentiment is Negative. The current price of 1.38 is above the 20-day moving average (MA) of 1.37, below the 50-day MA of 1.38, and below the 200-day MA of 1.52, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.25 is Neutral, neither overbought nor oversold. The STOCH value of 9.40 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NOL.

NobleOak Life Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NOL	70 Outperform	AU$127.60M	8.98	17.27%	―	82.25%	73.36%
Sector *	64 Neutral	$12.85B	9.81	7.59%	16985.65%	12.30%	-7.71%
AMLTF		$2.07B	17.55	4.84%	2.41%	―	―
IAUGF		$13.62B	16.37	18.88%	3.35%	―	―
QBEIF		$23.25B	13.35	17.21%	3.74%	―	―
SNMYF		$14.90B	16.07	9.52%	4.77%	―	―
TAL		AU$20.07M	―	-68.64%	―	―	―

NobleOak Life Ltd Corporate Events

NobleOak Life Ltd Announces Cessation of Performance Rights

NobleOak Life Ltd has announced the cessation of 198,013 performance rights due to the lapse of conditional rights that were not met. This development may affect the company’s capital structure and could have implications for stakeholders, reflecting a potential shift in the company’s operational strategies or performance metrics.

The most recent analyst rating on (AU:NOL) stock is a Buy with a A$2.85 price target. To see the full list of analyst forecasts on NobleOak Life Ltd stock, see the AU:NOL Stock Forecast page.

NobleOak Life Ltd Announces Quotation of New Securities on ASX

NobleOak Life Ltd has announced the application for quotation of 87,250 ordinary fully paid securities on the Australian Securities Exchange (ASX), issued under an employee incentive scheme. This move is expected to enhance the company’s market presence and provide liquidity options for its stakeholders, potentially strengthening its position in the competitive insurance market.

NobleOak Rewards Employees with Share Issuance

NobleOak Life Limited has issued $1,000 worth of shares to 125 eligible employees as a token of appreciation for their contributions to the company’s success. This initiative, under the Employee Share Purchase Plan, involves 87,250 shares and reflects NobleOak’s commitment to recognizing and rewarding its workforce, potentially enhancing employee satisfaction and loyalty.

NobleOak Life Limited Issues Over One Million New Shares

NobleOak Life Limited has announced the issuance of over one million ordinary fully paid shares, which are set to be quoted on the Australian Securities Exchange (ASX). This move signifies a strategic effort to enhance the company’s financial standing and market presence, potentially impacting its operational capabilities and offering new opportunities for stakeholders.

NobleOak Partners with Scaleup Mediafund for Strategic Marketing Boost

NobleOak Life Limited has partnered with Scaleup Mediafund to receive $1.5 million worth of advertising services, which will be compensated through the issuance of company shares. This strategic move marks a shift in NobleOak’s marketing approach, leveraging above-the-line marketing to enhance its direct-to-consumer brand presence, while effectively utilizing its capital resources.

NobleOak Evaluates Impact of Victorian Stamp Duty Reforms

NobleOak Life Ltd is assessing the impact of recent amendments to the Victorian Duties Act 2000, which alter stamp duty exemptions for insurance contracts insuring Victorian residents. While the changes do not affect death benefit premiums, NobleOak is working with the State Revenue Office of Victoria to understand the implications for its business. The company anticipates that any impacts will be limited to the implementation phase, with potential adjustments to future premiums mitigating further effects.

NobleOak Life Announces Director’s Change in Shareholding

NobleOak Life Limited announced a change in the director’s interest, specifically involving Anthony Ross Brown. The change involved the disposal of 230,024 ordinary shares through on-market trades, resulting in a decrease in the total number of shares held by Mr. Brown. This announcement reflects a slight shift in the director’s shareholding, which may have implications for the company’s stock dynamics and stakeholder interests.