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WAX Stock Chart & Stats
AU$0.98
<AU$0.01(0.47%)
At close: 4:00 PM EDT
AU$0.98
<AU$0.01(0.47%)
Day’s Range― - ―
52-Week RangeAU$0.79 - AU$1.29
Previous CloseN/A
Volume165.68K
Average Volume (3M)247.82K
Market Cap
AU$164.88M
Enterprise ValueAU$53.32M
Total Cash (Recent Filing)AU$159.88M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.29
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield12.96%
Share Statistics
EPS (TTM)N/A
Shares Outstanding210,041,470
10 Day Avg. Volume158,614
30 Day Avg. Volume247,816
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)1.16
Price to Sales (P/S)-5.61
P/FCF Ratio20.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetA debt-free balance sheet and sizable equity base provide financial resilience through market and earnings volatility. With limited leverage obligations, WAM Research retains greater flexibility to manage its portfolio, preserve capital, and maintain operations without material refinancing pressure.
Recent Positive Cash GenerationPositive operating and free cash flow in FY2026 provides a tangible buffer despite the earnings downturn. The ability to generate cash supports ongoing portfolio management and shareholder distributions, while reducing reliance on external funding when operating conditions are less favorable.
Diversified Active Investment ModelA diversified portfolio focused on Australian equities can spread company-specific exposure across multiple holdings, while active management provides an established framework for selecting small-to-mid-capitalisation opportunities. The long-term capital growth and income mandate supports a durable business model.
Bears Say
FY2026 Earnings ReversalThe sharp FY2026 swing from several years of profitability to materially negative revenue and net income weakens confidence in the current earnings run-rate. If sustained, such deterioration could reduce retained capital, pressure returns, and make future shareholder distributions less predictable.
Highly Unstable Revenue TrendHighly erratic revenue performance makes the company’s underlying earnings power difficult to forecast over the next several quarters. Unstable top-line results can complicate portfolio and distribution planning, and they reduce confidence that prior periods of strong profitability represent a durable trend.
Inconsistent Cash-flow MomentumAlthough cash generation remained positive most recently, the history of negative years and declining free-cash-flow growth shows that cash conversion is not consistently reliable. Continued weakening could limit internal funding capacity and place greater pressure on capital allocation and distributions.
WAM Research Ltd. News
WAX FAQ
What was WAM Research Ltd.’s price range in the past 12 months?
WAM Research Ltd. lowest share price was AU$0.79 and its highest was AU$1.29 in the past 12 months.
What is WAM Research Ltd.’s market cap?
WAM Research Ltd.’s market cap is AU$164.88M.
When is WAM Research Ltd.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were WAM Research Ltd.’s earnings last quarter?
Currently, no data Available
Is WAM Research Ltd. overvalued?
According to Wall Street analysts WAM Research Ltd.’s price is currently Overvalued.
Does WAM Research Ltd. pay dividends?
WAM Research Ltd. pays a Semiannually dividend of AU$0.05 which represents an annual dividend yield of 12.96%. See more information on WAM Research Ltd. dividends here
What is WAM Research Ltd.’s EPS estimate?
WAM Research Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does WAM Research Ltd. have?
WAM Research Ltd. has 210,041,470 shares outstanding.
What happened to WAM Research Ltd.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of WAM Research Ltd.?
Currently, no hedge funds are holding shares in AU:WAX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
WAM Research Ltd. Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Blogger Sentiment
Bearish
AU:WAX Sentiment 100%
Sector Average 56%
Sector Average 56%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.46%
12-Months-Change
Fundamentals
Return on Equity
-14.16%
Trailing 12-Months
Asset Growth
-23.52%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
WAM Research Ltd.
WAM Research Limited is an Australian-domiciled closed-end equity investment vehicle, founded on May 10, 2002, and managed by MAM Pty Limited. The fund primarily directs its capital towards publicly listed companies within Australia, with a significant allocation to the industrial sector. It aims to identify opportunities in small and medium-capitalization firms, pursuing both value and growth investment strategies, informed by its proprietary in-house research. The fund's performance is measured against the S&P/ASX All Ordinaries Accumulation Index, and it was previously recognized as Wilson Investment Fund Limited.
Technical Analysis
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