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WCM Global Growth Ltd.
(Sydney:WQG)
WCM Global Growth Ltd. (WQG) vs. iShares MSCI Australia ETF (EWA)
WCM Global Growth Ltd. Business Overview & Revenue Model
WCM Global Growth Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 107.85M | 107.68M | 69.77M | 57.51M | -63.53M | 73.39M |
| Gross Profit | 107.85M | 107.68M | 69.77M | 57.37M | -67.66M | 73.39M |
| EBITDA | 0.00 | 98.90M | -949.00K | 52.85M | -68.93M | 68.67M |
| Net Income | 69.53M | 69.53M | 45.34M | 37.18M | -48.06M | 48.41M |
Balance Sheet | ||||||
| Total Assets | 461.68M | 461.68M | 307.24M | 273.60M | 245.03M | 315.97M |
| Cash, Cash Equivalents and Short-Term Investments | 17.86M | 17.86M | 306.66M | 5.21M | 10.46M | 10.56M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 54.32M | 54.32M | 31.81M | 17.35M | 11.65M | 39.39M |
| Stockholders Equity | 407.36M | 407.36M | 275.43M | 256.25M | 233.38M | 276.58M |
Cash Flow | ||||||
| Free Cash Flow | -54.69M | -54.69M | 31.27M | 9.07M | -4.97M | 4.22M |
| Operating Cash Flow | -54.69M | -54.69M | 31.27M | 9.07M | -4.97M | 4.22M |
| Investing Cash Flow | -178.00K | -178.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 62.40M | 62.40M | -26.16M | -14.32M | 4.87M | -4.01M |
WCM Global Growth Ltd. Technical Analysis
WCM Global Growth Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ― | 8.44 | 11.95% | 9.39% | 34.82% | 39.08% | |
73 Outperform | ― | 5.71 | 20.36% | 4.07% | 54.58% | 39.00% | |
69 Neutral | ― | 10.84 | 11.29% | 6.58% | 20.90% | 2.75% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
61 Neutral | AU$49.62M | 10.66 | 15.13% | 5.00% | 16.64% | 19.30% | |
57 Neutral | ― | 32.39 | 2.72% | 5.70% | 1.20% | -1.85% | |
55 Neutral | AU$372.87M | 18.70 | 12.36% | 2.86% | -26.30% | 40.12% |
WCM Global Growth Ltd. Corporate Events
WCM Global Growth reported a net tangible asset (NTA) before tax of A$2.064 per share and an after-tax NTA of A$1.855 as at 31 December 2025, versus a month-end share price of A$1.995, and maintained a fully franked annual dividend of 7.91 cents paid quarterly. The portfolio returned 0.54% in December, beating its benchmark’s -0.79%, and has outpaced the index on an annualised basis over one and three years and since inception, with recent outperformance driven by stock selection in information technology and industrials, zero exposure to consumer staples and utilities, and new positions in Cardinal Health, Medline and senior housing REIT Welltower, as the manager continues to tilt the strategy toward companies benefiting from structural growth trends and robust economic moats.
The most recent analyst rating on (AU:WQG) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on WCM Global Growth Ltd. stock, see the AU:WQG Stock Forecast page.
WCM Global Growth Limited has reported an estimated unaudited net tangible asset (NTA) backing per share as at 9 January 2026 of $2.134 before tax and $1.904 after tax, based on issued capital of 227,624,850 shares. With the company’s closing share price at $1.95 on the same date, the figures indicate that WQG’s shares were trading at a small discount to their pre-tax NTA and slightly above post-tax NTA, offering investors a snapshot of current valuation and portfolio performance while underscoring that the numbers remain indicative and unaudited.
The most recent analyst rating on (AU:WQG) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on WCM Global Growth Ltd. stock, see the AU:WQG Stock Forecast page.
WCM Global Growth Limited has disclosed a minor change in director Martin Francis Switzer’s holdings following the issue of additional shares under the company’s dividend reinvestment plan. Switzer acquired 403 ordinary shares at $1.9230 per share on 31 December 2025, increasing his total direct and indirect interest from 78,104 to 78,507 shares, with no trades occurring during a closed period and no changes to any related contracts, indicating a routine adjustment linked to the company’s capital management rather than a strategic shift in ownership.
The most recent analyst rating on (AU:WQG) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on WCM Global Growth Ltd. stock, see the AU:WQG Stock Forecast page.
WCM Global Growth Limited has reported an estimated unaudited net tangible asset (NTA) backing per share of $2.072 before tax and $1.860 after tax as at 2 January 2026, compared with a closing share price of $1.980. The figures, which are calculated after all fees and expenses across 227.6 million shares on issue, suggest the stock is trading at a modest discount to its pre-tax NTA and a small premium to its post-tax NTA, providing investors with an updated reference point for valuing the LIC’s shares relative to its underlying portfolio.
The most recent analyst rating on (AU:WQG) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on WCM Global Growth Ltd. stock, see the AU:WQG Stock Forecast page.
WCM Global Growth Limited, an ASX-listed global equities investment company, has applied for quotation of an additional 421,838 ordinary fully paid shares on the Australian Securities Exchange. The new securities, issued on 31 December 2025 under a dividend or distribution plan, modestly increase the company’s listed capital base and reflect ongoing use of equity-based distribution mechanisms, which can support shareholder participation while slightly diluting existing holdings.
The most recent analyst rating on (AU:WQG) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on WCM Global Growth Ltd. stock, see the AU:WQG Stock Forecast page.
WCM Global Growth Limited has released its estimated unaudited net tangible asset (NTA) figures as at 24 December 2025, reporting a pre-tax NTA of $2.083 per share and a post-tax NTA of $1.868 per share, against a closing share price of $1.965. The NTA, calculated after all fees and expenses and based on 227.2 million shares on issue, includes an accrual for the fully franked interim dividend of 2.09 cents per share payable on 31 December 2025, with the shares having traded ex-dividend since 10 December 2025, providing investors with an updated snapshot of value relative to market pricing ahead of the dividend payment.
WCM Global Growth Limited has reported an estimated unaudited net tangible asset (NTA) backing per share of $2.088 before tax and $1.871 after tax as at 19 December 2025, against a closing share price of $1.95. The figures, which are calculated after all fees and expenses and based on 227.2 million shares on issue, include an accrual for the fully franked interim dividend of 2.09 cents per share payable on 31 December 2025, offering investors an indication of current portfolio value and the impact of the recent ex‑dividend date on the trading price.
WCM Global Growth Ltd. announced an update to its previous dividend distribution announcement, specifically adjusting the Dividend Reinvestment Plan (DRP) price. This update pertains to the dividend distribution for the quarter ending on September 30, 2025, with the record date set for December 11, 2025. The announcement reflects the company’s ongoing commitment to providing value to its shareholders through regular dividend distributions.
WCM Global Growth Limited announced its estimated unaudited Net Tangible Asset (NTA) per share as of December 12, 2025. The NTA before tax is $2.047, and after tax, it is $1.842, with a closing share price of $1.970. These figures include an accrual for an interim dividend of 2.09 cents per share, which is 100% franked and payable on December 31, 2025. The announcement provides stakeholders with insights into the company’s financial standing and potential returns, reflecting its continued commitment to transparency and shareholder value.
HUB24 Limited has announced that it has ceased to be a substantial holder in WCM Global Growth Limited as of December 9, 2025. This change in holding reflects a decrease in HUB24’s relevant interest in the shares of WCM Global Growth Limited, which may impact the company’s influence over the voting securities of WCM.
WCM Global Growth Limited announced its estimated unaudited Net Tangible Asset (NTA) per share as of December 5, 2025. The NTA before tax is $2.074, and after tax, it is $1.867, with a closing share price of $2.050. These figures are indicative and unaudited, reflecting the company’s financial position and market valuation. This announcement provides stakeholders with insight into the company’s asset backing and market performance, although it does not guarantee future performance.
WCM Global Growth Limited announced its estimated unaudited Net Tangible Asset (NTA) per share as of November 28, 2025. The NTA before tax is $2.132, and after tax, it is $1.869, with a closing share price of $2.040. These figures are indicative and unaudited, reflecting the company’s financial position and potential market implications for stakeholders.
WCM Global Growth Limited announced its estimated unaudited Net Tangible Asset (NTA) per share as of 21 November 2025, with the NTA before tax at $2.076 and after tax at $1.830. The company’s closing share price was reported at $1.990. These figures are indicative and unaudited, providing stakeholders with a snapshot of the company’s financial standing, which may influence investor decisions and market perceptions.
WCM Global Growth Limited has announced an increased fully franked dividend of 2.09 cents per share for the quarter ended 30 September 2025, as part of its progressive dividend policy. This move aims to enhance shareholder value by increasing the amount and frequency of dividends. The company also offers a Dividend Reinvestment Plan (DRP) with a 3% discount on shares. WCM Global Growth’s investment portfolio has shown strong long-term performance, with returns surpassing its benchmark since inception.
WCM Global Growth Ltd. has announced a new dividend distribution for its ordinary fully paid shares, with a payment of AUD 0.0209 per share. The distribution relates to the quarter ending September 30, 2025, with key dates including an ex-date of December 10, 2025, a record date of December 11, 2025, and a payment date of December 31, 2025. This announcement underscores the company’s commitment to providing returns to its shareholders and may have positive implications for investor confidence and market positioning.
WCM Global Growth Limited reported a modest portfolio return of 0.08% for October 2025, underperforming the MSCI All Country World Index (ex-Australia) benchmark’s 3.57% return. Despite this, the portfolio has consistently surpassed the benchmark over one and three-year periods and since inception. The underperformance was attributed to stock selection, particularly in Technology, Industrials, and Communication Services sectors. Meanwhile, global equity markets benefited from easing US-China trade tensions and strong US corporate earnings, with technology leading sector gains. The company’s investment strategy emphasizes identifying companies with strong competitive advantages and aligned corporate cultures, crucial for navigating the current volatile market environment driven by technological advancements and geopolitical tensions.
WCM Global Growth Limited announced the results of its 2025 Annual General Meeting, where key resolutions were passed, including the adoption of the remuneration report and the re-election of non-executive directors Michael Liu and Martin Switzer. The approval of these resolutions reflects strong shareholder support and is expected to positively impact the company’s governance and strategic direction.
WCM Global Growth Limited reported a significant increase in net operating profit after tax for FY2025, reaching $69.5 million, driven by the strong performance of its investment portfolio and advisor WCM Investment Management. The company outperformed the MSCI All-Country World Index and announced an increased final dividend for Q4 FY2025, reflecting its robust financial position. The successful share placement and Share Purchase Plan raised $76.7 million, enhancing market capitalization, liquidity, and shareholder diversity, while the Dividend Reinvestment Plan offered shareholders attractive terms for reinvestment.
WCM Global Growth Limited announced its estimated unaudited Net Tangible Asset (NTA) per share as of 7 November 2025, with the NTA before tax at $2.191 and after tax at $1.910, while the closing share price was $2.060. These figures, although unaudited and indicative, provide stakeholders with insights into the company’s financial standing and may influence investor perceptions and decisions regarding the company’s market value.
WCM Global Growth Limited announced its estimated unaudited Net Tangible Asset (NTA) per share as of October 31, 2025, with figures showing $2.203 before tax and $1.919 after tax. The closing share price was reported at $2.090. These figures, while indicative, provide stakeholders with insights into the company’s financial standing, although they are subject to change upon auditing.
WCM Global Growth Limited announced its estimated unaudited Net Tangible Asset (NTA) per share as of 24 October 2025, with a pre-tax NTA of $2.192 and a post-tax NTA of $1.911. The closing share price was $1.975, indicating a slight discount to the NTA after tax. These figures provide investors with insights into the company’s asset backing and market valuation, although they are unaudited and indicative only.
WCM Global Growth Limited has announced its estimated unaudited Net Tangible Asset (NTA) per share as of October 17, 2025, with the NTA before tax at $2.149 and after tax at $1.881. The company’s share price closed at $1.935 on the same date. These figures provide stakeholders with insights into the company’s asset backing and financial health, although they remain subject to auditing and are indicative only.