I’m keeping an eye on NWL shares in 2025

Group 1: Netwealth Group Ltd (NWL) - NWL share price has increased by 14.0% since the start of 2025, with over 140,000 account holders and $88 billion in funds under administration as of 2024, establishing it as a major player in the wealth management software industry [1] - The company's competitive advantage lies in its scale and user-friendly online platform, allowing users to manage investments, track performance, and access reports through a central dashboard [2] - NWL shares currently have a price-sales ratio of 31.29x, above its 5-year average of 23.72x, indicating that shares are trading higher than historical averages despite revenue growth over the last 3 years [6] Group 2: Mineral Resources Limited (MIN) - MIN is a diversified mining company focused on lithium and iron ore extraction in Western Australia, also providing mining and engineering services through its subsidiary, CSI Mining Services [3] - The company differentiates itself from competitors with in-house engineering and construction capabilities, allowing for greater control and flexibility in product development [4] - MIN shares are currently trading at a price-sales ratio of 1.59x, which is lower than its 5-year average of 3.02x, suggesting potential undervaluation compared to historical performance [7]