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WCM Global Growth Ltd. (WQG) AI Stock Analysis

AU:WQG

WCM Global Growth Ltd.

(ASX:WQG)

Select Model
Rating:69Neutral
Price Target:AUD 2.00â–²(6.10% Upside)
Action:reiterated
Date:08/24/26

Strong debt-free balance sheet and bullish technical momentum are the primary positives, supported by attractive valuation; offset by revenue volatility and unreliable cash flows.

Positive Factors
Debt-free balance sheetA debt-free balance sheet materially reduces interest burden, refinancing exposure, and downside risk during weaker operating periods. The expansion of equity and assets also provides a stronger capital base, giving the company greater flexibility to maintain its investment portfolio and absorb earnings volatility.
Negative Factors
Negative operating cash flowThe recent collapse in operating and free cash flow creates a significant gap between reported profitability and cash outcomes. If sustained, weaker cash conversion could reduce liquidity flexibility and constrain the company’s ability to support operations or distribute capital, even though it carries no debt.

WCM Global Growth Ltd. (WQG) vs. iShares MSCI Australia ETF (EWA)

-20%-15%-10%-5%0%5%10%15%20%AU:WQG-3.78%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 429.05M
Dividend Yield
4.67%
Average Volume (3M)
241.55K
Price to Earnings (P/E)
6.7
Beta (1Y)
0.43
Revenue Growth
-5.33%
EPS Growth
-20.20%
Country
Australia
Employees
―
Sector
Financial
Sector Strength
68
Industry
Asset Management

WCM Global Growth Ltd. Business Overview & Revenue Model

Company Description

WCM Global Growth Limited is a listed investment company that provides investors with access to an actively managed portfolio of quality global companies, primarily in the high growth consumer, technology, and healthcare sectors. The portfolio is man...

WCM Global Growth Ltd. Financial Statement Overview

Summary

Strong balance sheet with zero debt and growing equity supports stability, but volatile revenues and sharply negative cash flows in recent periods limit consistency.

Income Statement

58Neutral

Balance Sheet

92Very Positive

Cash Flow

28Negative
Financial statement breakdown
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue102.11M102.11M107.68M69.77M57.51M-63.53M
Gross Profit95.39M95.39M107.68M69.77M57.37M-67.66M
EBITDA93.84M93.84M98.90M65.52M52.85M-842.00K
Net Income66.72M66.72M69.53M45.34M37.18M-48.06M
Balance Sheet
Total Assets604.08M604.08M461.68M307.24M273.60M245.03M
Cash, Cash Equivalents and Short-Term Investments34.20M34.20M17.86M306.66M5.21M10.46M
Total Debt000000
Total Liabilities66.23M66.23M54.32M31.81M17.35M11.65M
Stockholders Equity537.85M537.85M407.36M275.43M256.25M233.38M
Cash Flow
Free Cash Flow-47.51M-47.51M-54.69M31.27M9.07M-4.97M
Operating Cash Flow-47.51M-47.51M-54.69M31.27M9.07M-4.97M
Investing Cash Flow75.00K69.00K-178.00K000
Financing Cash Flow63.78M63.78M62.40M-26.16M-14.32M4.87M

WCM Global Growth Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price1.89

Price Trends

50DMA2.04Negative
100DMA2.01Negative
200DMA1.89Negative

Market Momentum

MACD-0.04Positive
RSI31.06Neutral
STOCH27.10Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WQG, the sentiment is Negative. The current price of 1.89 is below the 20-day moving average (MA) of 1.99, below the 50-day MA of 2.04, and below the 200-day MA of 1.89, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 31.06 is Neutral, neither overbought nor oversold. The STOCH value of 27.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:WQG.

WCM Global Growth Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (68)

Financial Indicators

AU:WQG against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
AU:WHFAU:WHF76OutperformAUD 574.95M27.013.12%5.54%-3.01%-6.00%
AU:RG1AU:RG175OutperformAUD 558.69M2.7735.15%4.56%-18.90%―
AU:WQGAU:WQG69NeutralAUD 520.45M6.7313.90%4.67%-5.33%-20.20%
Sector *68Neutral$18.00B11.429.92%3.81%9.73%1.22%
AU:MIRAU:MIR65NeutralAUD 517.06M39.832.07%4.53%45.10%44.28%
AU:WGBAU:WGB63NeutralAUD 729.99M-20.65-4.16%8.42%-123.14%-133.85%
AU:FGGAU:FGG61NeutralAUD 655.45M22.394.65%0.00%-61.20%-63.78%

* Financial Sector Average

Performance Comparison

-20%0%20%40%AU:WQGAU:RG1AU:WHFAU:WGBAU:FGGAU:MIRDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:WQG and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:WQGWCM Global Growth Ltd.1.89-0.09-4.70%
AU:RG1VGI Partners Global Investments Ltd.2.410.5428.60%
AU:WHFWhitefield Ltd4.74-0.56-10.50%
AU:WGBWAM Global Ltd.2.03-0.35-14.85%
AU:FGGFuture Generation Global Limited1.630.106.54%
AU:MIRMirrabooka Investments Ltd2.31-0.81-25.89%

WCM Global Growth Ltd. Corporate Events

WCM Global Growth Posts Slight Premium to NTA in Weekly Update

Oct 19, 2026

WCM Global Growth Limited reported its estimated unaudited net tangible asset backing per share as at 16 October 2026, with NTA before tax of $1.985 and NTA after tax of $1.807. The company’s shares closed at $1.995 on the same date, indicating...

WCM Global Growth Extends Benchmark-Beating Run Amid Portfolio Shift

Oct 13, 2026

WCM Global Growth Ltd. reported a 2.40% portfolio return for September, beating its MSCI All Country World Index (ex-Australia) benchmark’s 2.07% and extending outperformance over three-year and since-inception periods. The listed investment co...

WCM Global Growth Updates Unaudited NTA Backing for October

Oct 12, 2026

WCM Global Growth Limited has reported an estimated unaudited net tangible asset backing per share as at 9 October 2026, with NTA before tax at $2.049 and NTA after tax at $1.852. The company’s closing share price on the same date was $2.020, g...

WCM Global Growth Sets November AGM to Approve Placement and Board Resolutions

Oct 8, 2026

WCM Global Growth Limited has called its 2026 Annual General Meeting for 11 November in Sydney, outlining a full agenda that includes receiving the 2026 financial statements, adopting the remuneration report and re-electing non-executive directors Va...

WCM Global Growth Releases 2026 Annual Financial Report

Oct 8, 2026

WCM Global Growth Limited has released its financial report for the year ended 30 June 2026, including the chair’s report, directors’ report, audited financial statements and additional information for listed companies. The comprehensive...

WCM Global Growth Updates Unaudited NTA as Shares Trade Near Asset Value

Oct 6, 2026

WCM Global Growth Limited reported an estimated unaudited net tangible asset backing of $2.064 per share before tax and $1.862 per share after tax as at 2 October 2026, with a closing share price of $2.040. The NTA figures, calculated after all fees...

WCM Global Growth Issues Underwritten DRP Shares, Confirms Regulatory Compliance

Sep 30, 2026

WCM Global Growth Limited has issued 2,765,466 fully paid ordinary shares at $1.99 per share to Taylor Collison Limited, with support from Ord Minnett and Morgans Financial, under an underwriting agreement for its Dividend Reinvestment Plan tied to t...

WCM Global Growth Lists New Shares from Dividend Plan on ASX

Sep 30, 2026

WCM Global Growth Ltd. has applied for quotation on the ASX of 3,266,516 new ordinary fully paid shares under its dividend or distribution plan.The newly issued shares, dated 30 September 2026, will expand the company’s listed capital base and...

WCM Global Growth posts updated NTA and dividend-adjusted valuation

Sep 28, 2026

WCM Global Growth Limited has released its estimated unaudited net tangible asset figures as at 25 September 2026, reporting pre-tax NTA of $2.065 per share and post-tax NTA of $1.860 per share, based on 276,610,625 shares on issue. The company&#8217...

WCM Global Growth posts updated NTA and dividend-adjusted asset backing

Sep 21, 2026

WCM Global Growth Limited has reported an estimated unaudited net tangible asset backing per share as at 18 September 2026, with NTA before tax of $1.991 and NTA after tax of $1.809. The figures reflect all fees, expenses and company assets, and are...

WCM Global Growth fully underwrites DRP to support capital growth and liquidity

Sep 20, 2026

WCM Global Growth Ltd has fully underwritten its Dividend Reinvestment Plan for a fully franked final dividend of 2.35 cents per share, securing $6.5 million in underwriting support from Taylor Collison, backed by Ord Minnett and Morgans Financial. T...

WCM Global Growth Updates Unaudited NTA Ahead of Market Price

Sep 15, 2026

WCM Global Growth Limited reported an estimated unaudited net tangible asset backing per share as at 11 September 2026, with NTA before tax at $2.011 and NTA after tax at $1.829. The company’s shares closed at $2.060 on the same date, indicatin...

WCM Global Growth trims August returns as it repositions for AI boom

Sep 14, 2026

WCM Global Growth Ltd. reported that its portfolio returned -0.85% in August, underperforming the MSCI All Country World Index ex-Australia’s 0.66% gain, though it continues to beat the benchmark over three-year periods and since its 2017 incep...

WCM Global Growth Sets Key Dates for 2026 AGM and Director Nominations

Sep 11, 2026

WCM Global Growth Limited has scheduled its 2026 Annual General Meeting of shareholders for 11 November 2026, in line with ASX listing requirements. The company will provide the formal Notice of Meeting and further AGM details to shareholders at a la...

WCM Global Growth posts updated NTA showing shares trade near asset backing

Sep 7, 2026

WCM Global Growth Limited has reported an estimated unaudited net tangible asset backing per share of $2.046 before tax and $1.852 after tax as at 4 September 2026. The company’s shares closed at $2.09 on that date, indicating a modest premium...

WCM Global Growth Lifts Dividend and Enhances DRP Pricing Terms

Sep 3, 2026

WCM Global Growth has declared an increased fully franked final dividend of 2.35 cents per share for the quarter ended 30 June 2026, to be paid on 30 September with a record date of 15 September, reflecting strong financial results and solid dividend...

WCM Global Growth posts latest unaudited NTA and highlights investor considerations

Sep 1, 2026

WCM Global Growth Limited reported an estimated unaudited net tangible asset backing per share as at 28 August 2026, with NTA before tax at $2.053 and NTA after tax at $1.857. The company also noted a closing share price of $2.140, with NTA calculate...

WCM Global Growth lifts dividends on back of strong FY2026 performance

Aug 20, 2026

WCM Global Growth Limited reported net operating profit after tax of $66.7 million for FY2026, slightly below the prior year but supported by a higher net tangible asset value per share and a 16.58% portfolio return. While the portfolio lagged its gl...

WCM Global Growth Lodges Updated Corporate Governance Statement with ASX

Aug 20, 2026

WCM Global Growth Ltd. has lodged its corporate governance statement and accompanying Appendix 4G with the ASX for the financial year ended 30 June 2026, confirming compliance with key ASX Corporate Governance Council principles. The statement is hos...

WCM Global Growth Declares Quarterly Dividend for June 2026 Period

Aug 20, 2026

WCM Global Growth Ltd. is an ASX-listed investment company investing in global growth equities through its ordinary fully paid WQG shares, aiming to deliver both capital appreciation and regular income to shareholders. By maintaining a pattern of qua...

WCM Global Growth lifts final dividend and upgrades progressive payout policy after strong FY2026

Aug 20, 2026

WCM Global Growth Limited has reported net operating profit after tax of $66.7 million for FY2026, driven mainly by gains in its global equity portfolio and the performance of its investment adviser. Pre-tax net tangible asset value per share rose fr...

WCM Global Growth lifts dividend payouts despite softer 2026 earnings

Aug 20, 2026

WCM Global Growth Ltd. reported a decline in revenues from ordinary activities to A$102.1 million for the year ended 30 June 2026, down 5.3% from the prior year. Profit from ordinary activities after tax attributable to members fell to A$66.7 million...

WCM Global Growth Updates Weekly NTA Ahead of Market Close

Aug 17, 2026

WCM Global Growth Limited reported an estimated unaudited net tangible asset backing per share as at 14 August 2026, with NTA before tax of $2.110 and NTA after tax of $1.897, against a closing share price of $2.100. The disclosure, calculated after...

WCM Global Growth Flags July Pullback but Maintains Long‑Term Outperformance

Aug 13, 2026

WCM Global Growth Ltd. reported key portfolio metrics as at 31 July 2026, including a pre‑tax NTA of A$2.06 per share and an after‑tax NTA of A$1.86, alongside a month‑end share price of A$2.02 and a fully franked annual dividend of...

WCM Global Growth posts updated NTA showing modest discount to market price

Aug 10, 2026

WCM Global Growth Limited has reported an estimated unaudited net tangible asset backing per share as at 7 August 2026, with NTA before tax of $2.067 and NTA after tax of $1.867. The company’s shares closed at $2.020 on the same date, highlight...

WCM Global Growth Posts Weekly NTA Update for 31 July 2026

Aug 3, 2026

WCM Global Growth Ltd. reported its estimated unaudited Net Tangible Asset backing per share as at 31 July 2026, with NTA before tax at $2.060 and NTA after tax at $1.862. The closing share price on the same date was $2.020, with NTA figures calculat...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 24, 2026