Nge.Ax
NGE.AX operates in the investment management and fund operators industry, generating revenue primarily through asset management fees and investment income.
Business. NGE.AX operates in the investment management and fund operators industry, generating revenue primarily through asset management fees and investment income.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
NGE.AX operates in the investment management and fund operators industry, generating revenue primarily through asset management fees and investment income.
NGE.AX maintains a strong capital structure with a debt-to-equity ratio of 0.0, indicating no long-term debt obligations. The company's liquidity position is characterized as low, with total liabilities of $1.458 billion and total equity of $59.843 billion. The company's free cash flow of $12.012 billion and operating cash flow of $2.691 billion suggest robust cash generation capabilities. The return on equity of 20.08% and return on assets of 19.6% indicate strong profitability relative to its equity and asset base.
The company's profitability is notable, with a return on equity of 20.08% and return on assets of 19.6%. These metrics suggest that NGE.AX is effectively utilizing its equity and assets to generate returns. However, the company reported an operating loss of $1.232 billion, which contrasts with its net income of $12.015 billion. This discrepancy may be attributed to non-operating gains or other income sources.
NGE.AX's revenue is concentrated in the investment management and fund operators industry, with no disclosed geographic diversification in the provided data. The company's primary revenue streams are derived from asset management fees and investment income, which are subject to market conditions and asset performance.
The company's growth trajectory is not explicitly detailed in the provided data, but its strong free cash flow and operating cash flow suggest potential for reinvestment or shareholder returns. The capital expenditure of -$4,000 indicates minimal investment in physical assets, which is typical for an investment management firm.
The risk assessment for NGE.AX indicates low liquidity and dilution risks, with no immediate filing-based flags detected. The company's strong equity position and lack of long-term debt contribute to its low liquidity risk. The dilution risk is also low, with no significant dilution potential identified in the data.
Recent events and filings for NGE.AX do not show any immediate liquidity or dilution concerns. The company's financial health appears stable, with strong cash flow generation and a solid equity base. However, the operating loss of $1.232 billion warrants further investigation into the underlying factors affecting operational performance.
- NGE.AX has a strong capital structure with no long-term debt and a high equity base.
- The company's profitability is strong, with high return on equity and return on assets.
- NGE.AX's revenue is concentrated in the investment management and fund operators industry.
- The company's liquidity and dilution risks are low, with no immediate filing-based flags detected.
- NGE.AX generates significant free cash flow, which can be used for reinvestment or shareholder returns.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- NGE.AX Market data — financials · 2026-05-28