WAM Research Ltd. (AU:WAX)
ASX:WAX
Want to see AU:WAX full AI Analyst Report?
WAX Stock Chart & Stats
AU$1.21
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$1.21
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$1.11 - AU$1.36
Previous CloseN/A
Volume25.16K
Average Volume (3M)224.73K
Market Cap
N/A
Enterprise ValueAU$223.87M
Total Cash (Recent Filing)AU$233.81M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.30
Next Earnings
Aug 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield8.23%
Share Statistics
EPS (TTM)0.14
Shares Outstanding208,455,300
10 Day Avg. Volume316,692
30 Day Avg. Volume224,728
Financial Highlights & Ratios
PEG Ratio-0.64
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 SheetA zero-debt balance sheet gives durable financial flexibility: it reduces solvency risk, lowers fixed financing obligations through cycles, and enables management to sustain dividends, opportunistic buybacks or capital deployment without reliance on external funding during market stress.
High Operating ProfitabilityVery high margins imply the LIC can retain a large share of gains when markets are favorable. Sustainable operating efficiency supports strong retained earnings, funds for distributions, and resilience to modest revenue declines, improving long-term return potential for shareholders.
Research-driven Active ManagementBeing part of an established manager and emphasizing research-driven active selection is a structural advantage: it supports consistent investment process, access to analyst resources and distribution, and the potential to outperform in varied market regimes over the medium term.
Bears Say
Revenue CyclicalityTop-line volatility reflects sensitivity of an LIC to market cycles and portfolio performance. Persistent swings in revenue reduce visibility into fees and income, complicate dividend predictability, and increase the risk that poor market stretches materially depress shareholder returns over multi-year horizons.
Inconsistent Cash ConversionIrregular operating cash flow points to timing and working-capital effects that can disconnect accounting profits from cash. This undermines the stability of distributable cash, limits reliable self-funding for payouts or investments, and raises risk during funding-stressed periods.
Earnings And ROE VolatilityMeaningful swings in ROE and episodic losses show that performance depends heavily on market outcomes. This structural earnings instability elevates long-term return uncertainty for investors seeking steady income or growth, and can hinder strategic planning by management.
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$1.10 and its highest was AU$1.36 in the past 12 months.
What is WAM Research Ltd.’s market cap?
Currently, no data Available
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 112 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 8.23%. 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 208,455,300 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
-0.49%
Trailing 12-Months
Asset Growth
-13.00%
Trailing 12-Months
Company Description
WAM Research Ltd.
WAM Research Limited is a closed-ended equity mutual fund launched and managed by MAM Pty Limited. The fund invests in public equity markets of Australia. It makes its investments in companies primarily engaged in the industrial sector. The fund invests in value and growth stocks of small to medium-cap companies. It benchmarks the performance of its portfolio against the S&P/ASX All Ordinaries Accumulation Index. The fund conducts in-house research to make its investments. It was formerly known as Wilson Investment Fund Limited. WAM Research Limited was formed on May 10, 2002 and is domiciled in Australia.
Technical Analysis
Pacific Current Group Ltd
―
Microequities Asset Management Group Ltd.
―
Salter Brothers Emerging Companies Ltd.
―
MFF Capital Investments Ltd.
―
Mirrabooka Investments Ltd
―