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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$0.82 - AU$1.36
Previous CloseN/A
Volume165.68K
Average Volume (3M)340.32K
Market Cap
AU$190.09M
Enterprise ValueAU$53.32M
Total Cash (Recent Filing)AU$159.88M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.27
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield11%
Share Statistics
EPS (TTM)N/A
Shares Outstanding210,041,470
10 Day Avg. Volume286,184
30 Day Avg. Volume340,319
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
Debt-free Balance SheetThe absence of reported debt and sizeable equity base provide financial resilience and reduce interest and refinancing pressure. This conservative structure gives WAM Research more flexibility to withstand weak investment results and continue operating through market cycles without relying heavily on lenders.
Recent Positive Cash GenerationPositive free cash flow in the latest three reported years, including about A$10.3m in FY2026, shows the business can still convert operations into cash despite weaker accounting earnings. That cash generation can support distributions, portfolio activity, and financial stability over the next several quarters.
Diversified Active Investment ModelA diversified Australian equity portfolio can spread exposure across companies and sectors, while active management gives WAM Research a defined process for selecting smaller and mid-sized opportunities. This established model supports recurring shareholder exposure to long-term capital growth and income.
Bears Say
Sharp FY2026 Earnings ReversalThe move from several profitable years to materially negative revenue and net income in FY2026 indicates a severe deterioration in the current earnings run-rate. Such a reversal reduces confidence in profit durability and could constrain future distributions, reinvestment, and shareholder returns.
Unstable Cash-flow PerformanceCash generation has varied materially between years, with negative operating and free cash flow in FY2021 and FY2023 before recovering. This uneven conversion makes funding capacity less predictable and weakens confidence that recent positive cash flow will persist through changing investment outcomes.
Weak And Erratic Revenue TrendHighly unstable revenue trends and sharply negative reported growth indicate that operating results are difficult to forecast. Lower predictability can make portfolio income and earnings less dependable, while weakening revenue momentum may prolong pressure on profitability over the next two to six months.
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$0.82 and its highest was AU$1.35 in the past 12 months.
What is WAM Research Ltd.’s market cap?
WAM Research Ltd.’s market cap is AU$190.09M.
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 11%. 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
Technicals
SMA
Negative
20 days / 200 days
Momentum
-28.10%
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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