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NobleOak Life Limited (NOL) Fair Value & Analysis

Financial Services · AU · Market cap A$112M

NL NobleOak Life Limited NOL · AU
PriceA$1.28
Fair ValueA$1.00
Upside-21.9%
Quality92/100
Evidence: High Range A$0.7500 – A$1.24

Fair value as of: Jun 26, 2026

From 24 valuation models · updated 3 days ago

Share price −7.4% over the past month.

Price vs Fair Value (12 months)

A$1.74 A$1.25 Fair Value A$1.00 Jun 2025 Jun 2026

12‑month range A$1.25 – A$1.74 · fair‑value band A$0.7500 – A$1.24 · the A$1.28 price screens above the A$1.00 fair value. As of Jun 26, 2026.

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Analysis

NobleOak Life Limited (NOL) currently trades at A$1.28, while our model-based Fair Value estimate is A$1.00 — implying the stock looks roughly 21.9% overvalued today. We read business quality at 92/100 (high quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, NobleOak Life Limited generated revenue of A$142M at a net margin of 3.7%. Revenue grew 28.9% year over year. It earns a return on equity of 5.7%. The balance sheet holds a net cash position of A$85.5M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$142M
Revenue growth (YoY) +28.9%
Net margin 3.7%
Return on equity 5.7%
Free cash flow A$58.6M FY2024
P/E ratio 24.0
More key figures
Operating margin 11.7%
EPS (TTM) A$0.0500
EPS growth (YoY) -27.9%
Net cash A$85.5M FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

NobleOak Life Limited engages in the manufacture and distribution of life insurance products in Australia. The company offers life, income protection, total and permanent disability, death, trauma, business expenses, and self-managed super fund insurance plans. It sells its insurance products through direct-to-market and strategic partner channels. The company was formerly known as United Ancient Order of Druids Friendly Society of NSW and changed its name to NobleOak Life Limited in 2011. NobleOak Life Limited was founded in 1861 and is headquartered in Sydney, Australia.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

NobleOak Life Limited reported revenue of A$124M in FY2024 versus A$61.3M in FY2020, a compound +19.2%/yr. Reported net income was A$7.1M in FY2024, compounding +9.8%/yr from FY2020.

Revenue +19.2%/yr
FY20 A$61.3M
FY21 A$75.4M
FY22 A$343M
FY23 A$387M
FY24 A$124M
Net income +9.8%/yr
FY20 A$4.9M
FY21 A$1.7M
FY22 A$8.0M
FY23 A$9.3M
FY24 A$7.1M

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Similar stocks

6 more Insurance - Life stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Ping An Insurance (Group) Company 601318 ¥51.98 ¥103.96 +100%
China Life Insurance Company 601628 ¥32.82 ¥65.64 +100%
AIA Group AAGIY $37.78 $30.44 -19%
Manulife Financial Corporation MFC $40.19 $33.76 -16%
China Pacific Insurance (Group) Co CHPXF $3.65 $5.85 +60%
Aflac Incorporated AFL $117.11 $71.78 -39%

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Frequently asked questions

Is NobleOak Life Limited (NOL) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$1.00 versus a price of A$1.28 — about −22% (overvalued). Model-based estimate, not financial advice.
What is the fair value of NOL?
Our 21-model fair value for NobleOak Life Limited is A$1.00 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$1.28.
What is the quality score of NOL?
NobleOak Life Limited has a Quality Score of 92/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of NobleOak Life Limited (NOL)?
NobleOak Life Limited reported trailing-twelve-month revenue of about A$142M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of NOL?
The net profit margin of NobleOak Life Limited is about 3.7%, meaning it keeps roughly 3.7% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.