Added to YB: 2024-08-27
Pitch date: 2024-08-26
NOL.AX [bullish]
NobleOak Life Limited
-1.01%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
AUD 127.0M
Pitch Price
AUD 1.49
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.54
P/E
47.09
EV/Sales
0.79
Sector
Insurance
Category
special_situation
NobleOak Life Limited - $NOL.AX
NOL.AX: Insurance co at 0.3x GWP. Catalysts: tax asset realization, new accounting for higher profit recognition. Re-rate expected post-earnings. Long-term hold but also buying for short-term trade. More upside potential beyond mentioned factors.
Read full article (1 min)