WAM Global Ltd. (WGB) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 9.39%
• Average Volume (3M): 313.33K
• Price to Earnings (P/E): 8.4
• Beta (1Y): 0.43
• Revenue Growth: 34.82%
• EPS Growth: 39.08%
• Country: AU
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management - Global
• EPS (TTM): 0.08
• Shares Outstanding: 358,612,000
• 10 Day Avg. Volume: 250,167
• 30 Day Avg. Volume: 313,327
• PEG Ratio: 0.23
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 5.52
• P/FCF Ratio: 18.66
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: AU$2.50 ▲(2.04% Upside)

The score is driven primarily by strong financial positioning (notably zero debt and strong profitability) and attractive valuation (low P/E and high dividend yield). These positives are tempered by less convincing technical momentum and the key fundamental risk of earnings and cash-flow volatility, which reduces confidence in consistency.

Positive Factors

Revenue Growth

The significant revenue growth indicates robust market position and effective portfolio management, enhancing long-term shareholder value.

Balance Sheet Health

A zero-debt position provides financial stability and flexibility, allowing the company to withstand economic fluctuations and invest in growth opportunities.

Dividend Commitment

Consistent dividend payments reflect strong cash flow management and commitment to shareholder returns, enhancing investor confidence.

Negative Factors

Earnings Volatility

Earnings volatility can undermine investor confidence and affect the predictability of future cash flows, posing a risk to long-term stability.

Cash Flow Conversion

Weak cash flow conversion indicates potential issues in translating earnings into cash, which could impact liquidity and investment capacity.

Market Exposure Risk

Exposure to global market fluctuations and currency risks can lead to unpredictable financial performance, affecting long-term strategic planning.

WAM Global Ltd. Business Overview & Revenue Model

Company Description

WAM Global Limited is a listed investment company launched and managed by Wilson Asset Management (International) Pty Limited. The firm invests in the public equity markets across the globe. It primarily invests in value stocks of companies. WAM Global Limited is based in Sydney, Australia.

How the Company Makes Money

WAM Global Ltd. generates revenue through multiple streams, primarily by offering comprehensive logistics and supply chain management services. The company charges fees for warehousing and storage, transportation, and value-added services such as inventory management and order fulfillment. Significant partnerships with major retailers and manufacturers enhance its service offerings and expand its client base, contributing to sustained revenue growth. Additionally, WGB invests in technology to offer innovative solutions that streamline operations and reduce costs for its clients, thereby enhancing its competitive edge and profitability.

WAM Global Ltd. Financial Statement Overview

Summary

WAM Global Ltd. demonstrates robust financial health with strong profitability and a solid balance sheet characterized by no debt and high equity ratios. Despite revenue challenges, operational efficiency remains commendable. The cash flow position is improving, yet further enhancements in cash conversion are advisable to bolster overall financial performance.

Income Statement

WAM Global Ltd. has shown strong profitability with a gross profit margin of 90.58% and a net profit margin of 62.28% for the latest year. However, the company faced a revenue decline of 8.59% from the previous year, indicating a potential challenge in revenue generation. Despite the revenue drop, EBIT and EBITDA margins remain robust, illustrating effective cost management and operational efficiency.

Balance Sheet

The balance sheet is strong, evidenced by an equity ratio of 95.36%, indicating financial stability with significant equity financing. With no debt, the company showcases a prudent financial strategy, enhancing its resilience against market fluctuations. The return on equity stands at 8.91%, reflecting moderate profitability relative to equity.

Cash Flow

Cash flow from operations is positive, with a substantial increase in free cash flow to $48.11 million, suggesting improved cash generation. The operating cash flow to net income ratio is 0.65, which is healthy but indicates room for improvement. Free cash flow to net income ratio is also 0.65, reinforcing the need to enhance cash conversion efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	119.50M	161.10M	118.73M	129.85M	-155.60M	144.59M
Gross Profit	108.33M	160.11M	107.56M	119.67M	-166.59M	136.89M
EBITDA	107.31M	147.62M	107.31M	119.68M	-166.58M	136.99M
Net Income	401.31M	103.34M	73.94M	84.76M	-116.68M	95.93M
Balance Sheet
Total Assets	869.99M	956.94M	869.99M	829.63M	766.46M	653.57M
Cash, Cash Equivalents and Short-Term Investments	853.20M	60.32M	853.20M	806.77M	728.51M	31.55M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	40.34M	57.05M	40.34M	11.30M	1.11M	38.39M
Stockholders Equity	829.66M	899.90M	829.66M	814.56M	765.35M	615.17M
Cash Flow
Free Cash Flow	48.12M	47.61M	48.12M	16.28M	-116.68M	-47.27M
Operating Cash Flow	48.12M	47.61M	48.12M	16.28M	-116.68M	-47.27M
Investing Cash Flow	0.00	0.00	0.00	0.00	139.61M	0.00
Financing Cash Flow	-37.52M	-40.13M	-37.52M	-35.54M	-3.18M	41.95M

WAM Global Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.45
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WGB, the sentiment is Neutral. The current price of 2.45 is below the 20-day moving average (MA) of 2.46, above the 50-day MA of 2.44, and above the 200-day MA of 2.40, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.47 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:WGB.

WAM Global Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WAM	77 Outperform	―	9.35	11.92%	8.71%	-6.60%	-5.26%
WGB	74 Outperform	―	8.41	11.95%	9.39%	34.82%	39.08%
WAR	72 Outperform	―	18.23	4.95%	6.06%	-51.66%	-47.96%
WLE	71 Outperform	―	28.85	3.68%	7.23%	131.29%	164.41%
WMI	69 Neutral	―	10.52	11.29%	6.58%	20.90%	2.75%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
WMA	57 Neutral	―	32.39	2.72%	5.70%	1.20%	-1.85%

WAM Global Ltd. Corporate Events

WAM Global lifts income return as Synopsys shines and Quanta weighs on December portfolio

WAM Global Limited reported net tangible assets before tax of 239.71 cents per share at 31 December 2025, with total assets of $860.8 million and a month-end share price of $2.47. Since its June 2018 inception, the investment portfolio has returned 9.3% per annum, trailing the MSCI World Index (AUD) return of 13.5% per annum, but the company continues to emphasise shareholder income, declaring a fully franked full-year dividend of 17.0 cents per share including a 4.0 cent special dividend, equating to a 5.3% fully franked yield and a 7.6% grossed-up yield, supported by a profits reserve of 75.1 cents per share and cumulative dividends of 70.5 cents per share (100.7 cents including franking credits) since inception. The December portfolio performance was mixed, with Synopsys contributing positively after strong FY2025 results, record backlog and strategic tailwinds from AI-related chip complexity and the Ansys acquisition, while Quanta Services detracted amid market concerns over AI-related capital spending; however, WAM Global highlighted its ongoing confidence in both businesses’ long-term growth prospects, underscoring a strategy tilted toward companies benefiting from structural themes such as AI, grid modernisation and data centre expansion.

The most recent analyst rating on (AU:WGB) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on WAM Global Ltd. stock, see the AU:WGB Stock Forecast page.

WAM Global Limited Reports November Portfolio Update Amid Strategic Developments

WAM Global Limited has reported a decrease in its investment portfolio for November 2025, with Allfunds Group contributing positively and Intuit detracting from performance. Despite a broader market sell-off affecting Intuit due to AI-related uncertainties, the company posted strong financial results, indicating potential for future growth. The announcement of a non-binding acquisition proposal for Allfunds Group by Deutsche Boerse Group highlights its strategic value, potentially impacting WAM Global’s portfolio positively.

WAM Global Ltd. Director Increases Shareholding

WAM Global Ltd. announced a change in the director’s interest, with Gabrielle Trainor acquiring 1,806 ordinary shares through a dividend reinvestment plan, increasing her total holdings to 69,135 shares. This acquisition reflects the company’s ongoing commitment to aligning management interests with shareholder value, potentially enhancing investor confidence and market positioning.

WAM Global Limited Announces 2025 AGM Results

WAM Global Limited announced the results of its 2025 Annual General Meeting, where details of resolutions and proxies were discussed. The announcement, authorized by the Board, reflects the company’s ongoing commitment to transparency and shareholder engagement, potentially impacting its operations and industry positioning.

WAM Global Limited Reports Strong Portfolio Performance and Declares Dividend

WAM Global Limited announced an increase in its investment portfolio performance, driven by strong results from key holdings such as Thermo Fisher Scientific and MSCI. The company declared a fully franked final dividend of 6.5 cents per share, reflecting its robust financial health and commitment to shareholder returns. The positive performance of MSCI, attributed to its AI-driven growth and strong recurring revenues, and Thermo Fisher’s solid earnings, indicate a favorable outlook for WAM Global’s portfolio, potentially enhancing its market position and offering growth opportunities for stakeholders.

WAM Global Ltd. Updates Dividend Reinvestment Plan Pricing

WAM Global Ltd. announced an update regarding its dividend distribution for the period ending June 30, 2025. The update specifically addresses changes to the Dividend Reinvestment Plan (DRP) price, reflecting adjustments in the company’s financial strategy to optimize shareholder value. This update is part of WAM Global’s ongoing commitment to transparency and effective communication with its stakeholders.

WAM Global Limited Announces 2025 Annual General Meeting

WAM Global Limited has announced its 2025 Annual General Meeting, scheduled for November 19, 2025, at the Museum of Sydney, with an option for online participation. The meeting will cover the consideration of financial statements, the adoption of the Remuneration Report, and the re-election of Geoff Wilson as a director. This AGM is a significant event for stakeholders as it addresses key financial and governance issues, impacting the company’s strategic direction and shareholder engagement.

WAM Global Declares Final Dividend Amid Portfolio Fluctuations

WAM Global Limited announced a fully franked final dividend of 6.5 cents per share, payable on November 19, 2025, reflecting its commitment to returning value to shareholders. The company’s investment portfolio saw a decrease in September, with Alphabet Inc. contributing positively due to its advancements in AI, while Intercontinental Exchange faced challenges. Despite these fluctuations, WAM Global remains optimistic about future opportunities in the volatile market environment, particularly with its strategic holdings in companies like Google and ICE.