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WAX Stock Chart & Stats
AU$1.07
<AU$0.01(0.47%)
At close: 4:00 PM EDT
AU$1.07
<AU$0.01(0.47%)
Day’s Range― - ―
52-Week RangeAU$1.02 - AU$1.36
Previous CloseN/A
Volume165.68K
Average Volume (3M)224.73K
Market Cap
AU$225.79M
Enterprise ValueAU$212.04M
Total Cash (Recent Filing)AU$209.91M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.32
Next Earnings
Aug 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield9.26%
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding210,041,470
10 Day Avg. Volume316,692
30 Day Avg. Volume224,728
Financial Highlights & Ratios
PEG Ratio-0.63
Price to Book (P/B)1.01
Price to Sales (P/S)4.93
P/FCF Ratio14.52
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 SheetZero debt provides durable financial flexibility: the company can withstand market drawdowns, avoid refinancing risk, and fund distributions or opportunistic investments from equity and cash. This structural strength reduces solvency risk and supports long-term capital allocation decisions.
Very High FY2025 ProfitabilitySustained high margins indicate the business captures outsized investment returns or maintains low operating overhead relative to income. High profitability enhances reserve accumulation, supports dividends, and provides a buffer to preserve NTA during market volatility, strengthening long-term payouts.
Positive Recent Cash GenerationReturn to positive operating and free cash flow improves durable funding for distributions and limits the need for equity raises. Reliable cash generation over recent years increases governance of capital deployment and gives management flexibility to support portfolio positioning through cycles.
Bears Say
Revenue Cyclicality And VolatilityMaterial revenue swings tie earnings to market cycles, making future income and dividend visibility weak. Structural cyclicality increases forecast uncertainty, can force reactive portfolio changes, and may compress long-term investor returns during prolonged market weakness.
Inconsistent Cash Conversion Through CyclePeriods of negative operating cash flow despite accounting profits indicate timing and liquidity risks. This inconsistency can require asset sales or capital raisings in stressed markets, undermining distribution reliability and increasing operational risk over multi-year horizons.
Material Swings In Returns On EquityLarge ROE volatility reflects sensitivity to market-driven investment performance. For long-term investors, this impairs predictability of capital growth and cash distributions, raising the risk profile for income-focused strategies and complicating multi-period financial planning.
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$1.01 and its highest was AU$1.36 in the past 12 months.
What is WAM Research Ltd.’s market cap?
WAM Research Ltd.’s market cap is AU$225.79M.
When is WAM Research Ltd.’s upcoming earnings report date?
WAM Research Ltd.’s upcoming earnings report date is Aug 26, 2026 which is in 22 days.
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 9.26%. 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
Positive
20 days / 200 days
Momentum
20.15%
12-Months-Change
Fundamentals
Return on Equity
9.26%
Trailing 12-Months
Asset Growth
-13.00%
Trailing 12-Months
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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