WCM Global Growth Ltd. (AU:WQG)
ASX:WQG
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WCM Global Growth Ltd.
(Sydney:WQG)
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Rating:73Outperform
Price Target:
AU$2.00
â–²(2.04% Upside)
Action:ReiteratedDate:12/30/25
The score is driven primarily by strong reported profitability and a very conservative, debt-free balance sheet, supported by an attractive low P/E and ~4% dividend yield. Offsetting these positives are unstable cash generation (notably negative operating cash flow in 2025) and subdued technical momentum.
Positive Factors
Conservative Balance Sheet
A zero‑debt balance sheet materially reduces financial risk and gives the company durable flexibility to absorb earnings and cash volatility. This strength supports continued dividend payments, opportunistic capital allocation, and resilience through market downturns typical in investment services.
Negative Factors
Operating Cash Flow Volatility
Sharp swings in operating cash flow weaken the quality of reported earnings and constrain the firm's ability to fund dividends, buybacks, or reinvest without drawing on equity reserves. Persistent cash volatility raises reliance on the balance sheet and limits predictable capital planning over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
A zero‑debt balance sheet materially reduces financial risk and gives the company durable flexibility to absorb earnings and cash volatility. This strength supports continued dividend payments, opportunistic capital allocation, and resilience through market downturns typical in investment services.
Read all positive factors
WCM Global Growth Ltd. (WQG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
N/A
Dividend Yield4.07%
Average Volume (3M)126.41K
Price to Earnings (P/E)5.0
Beta (1Y)0.67
Revenue Growth54.58%
EPS Growth39.00%
CountryAU
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryInvestment - Banking & Investment Services
Share Statistics
EPS (TTM)0.10
Shares Outstanding272,515,700
10 Day Avg. Volume91,082
30 Day Avg. Volume126,408
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)0.89
Price to Sales (P/S)3.37
P/FCF Ratio-6.64
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
WCM Global Growth Ltd. Business Overview & Revenue Model
Company Description
Contango Global Growth Limited is an equity mutual fund launched by Contango International Management Pty Ltd. The fund is managed by WCM Investment Management. It invests in public equity markets of emerging countries across the globe. The fund s...
How the Company Makes Money
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WCM Global Growth Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
86
Very Positive
Cash Flow
52
Neutral
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 107.68M | 69.77M | 57.51M | -63.53M | 73.39M |
| Gross Profit | 107.68M | 69.77M | 57.37M | -67.66M | 73.39M |
| EBITDA | 98.90M | -949.00K | 52.85M | -68.93M | 68.67M |
| Net Income | 69.53M | 45.34M | 37.18M | -48.06M | 48.41M |
Balance Sheet | |||||
| Total Assets | 461.68M | 307.24M | 273.60M | 245.03M | 315.97M |
| Cash, Cash Equivalents and Short-Term Investments | 17.86M | 306.66M | 5.21M | 10.46M | 10.56M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 54.32M | 31.81M | 17.35M | 11.65M | 39.39M |
| Stockholders Equity | 407.36M | 275.43M | 256.25M | 233.38M | 276.58M |
Cash Flow | |||||
| Free Cash Flow | -54.69M | 31.27M | 9.07M | -4.97M | 4.22M |
| Operating Cash Flow | -54.69M | 31.27M | 9.07M | -4.97M | 4.22M |
| Investing Cash Flow | -178.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 62.40M | -26.16M | -14.32M | 4.87M | -4.01M |
WCM Global Growth Ltd. Technical Analysis
Neutral
1.96
Price Trends
1.79
Negative
1.87
Negative
1.85
Negative
Market Momentum
-0.03
Negative
50.11
Neutral
68.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WQG, the sentiment is Neutral. The current price of 1.96 is above the 20-day moving average (MA) of 1.73, above the 50-day MA of 1.79, and above the 200-day MA of 1.85, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 50.11 is Neutral, neither overbought nor oversold. The STOCH value of 68.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:WQG.
WCM Global Growth Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ― | -19.86 | 1.95% | 9.39% | 34.82% | 39.08% | |
73 Outperform | ― | 4.98 | 10.92% | 4.07% | 54.58% | 39.00% | |
69 Neutral | ― | 3.63 | 10.42% | 6.58% | 20.90% | 2.75% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
57 Neutral | ― | 7.67 | 3.55% | 5.70% | 1.20% | -1.85% | |
57 Neutral | AU$272.99M | 10.89 | 12.36% | 2.86% | -26.30% | 40.12% | |
55 Neutral | AU$46.20M | 5.00 | 11.37% | 5.00% | 16.64% | 19.30% |
* Financial Sector Average
AU:WQG
WCM Global Growth Ltd.
1.74
0.19
12.48%
AU:WTL
WT Financial Group Ltd.
0.14
0.01
9.76%
AU:WMA
WAM Alternative Assets Ltd
1.02
0.13
14.86%
AU:WMI
WAM Microcap Ltd.
1.63
0.27
19.50%
AU:COG
COG Financial Services Limited
1.28
0.17
15.42%
AU:WGB
WAM Global Ltd.
2.29
0.09
4.09%
WCM Global Growth Ltd. Corporate Events
WCM Global Growth posts updated NTA and dividend-adjusted valuation
Mar 31, 2026
WCM Global Growth Limited has reported an estimated unaudited net tangible asset backing per share of $1.809 before tax and $1.690 after tax as at 27 March 2026, compared with a closing share price of $1.670. The NTA is calculated after all fees a...
WCM Global Growth director lifts stake via entitlement offer
Mar 30, 2026
WCM Global Growth Limited has disclosed a change in the shareholding of director Martin Francis Switzer, who increased his indirect interest in the company through superannuation-related entities. Following a recent entitlement offer, Switzer acqu...
WCM Global Growth Director Increases Stake via Entitlement Offer
Mar 30, 2026
WCM Global Growth Limited has disclosed a change in director Paul Gordon Rickard’s relevant interest in the company’s securities, reflecting his indirect holding through the Rickard Super Fund. This update forms part of the companyR...
WCM Global Growth Raises Capital Through $1.75 Share Placement
Mar 25, 2026
WCM Global Growth Limited has completed a share placement to professional and sophisticated investors, issuing 25,714,286 new fully paid ordinary shares at $1.75 each. The capital raising expands the company’s equity base and broadens its in...
WCM Global Growth Seeks ASX Quotation for 38.9m New Shares
Mar 25, 2026
WCM Global Growth Limited has applied to the ASX for quotation of 38,954,238 new ordinary fully paid shares under the code WQG, with an issue date of March 25, 2026. The move formalises the listing of these securities, increasing the company’...
WCM Global Growth Seeks ASX Quotation for 9.5 Million New Shares
Mar 24, 2026
WCM Global Growth Limited, an ASX-listed investment company trading under the code WQG, offers shareholders access to a portfolio of global growth equities through a listed vehicle. The company targets international markets to provide capital appr...
WCM Global Growth posts updated NTA with shares near asset value
Mar 23, 2026
WCM Global Growth Limited has reported an estimated unaudited net tangible asset backing per share of $1.878 before tax and $1.726 after tax as at 20 March 2026, based on 227,624,850 shares on issue. The company’s shares closed at $1.785 on ...
WCM Global Growth Updates Terms of Planned Entitlement Offer
Mar 23, 2026
WCM Global Growth Limited, an ASX-listed global equities investment company, has lodged an updated notice with the exchange regarding a proposed issue of new securities. The vehicle offers shareholders access to international growth-oriented inves...
WCM Global Growth Raises $84.8m in Fully Subscribed Offer and Placement
Mar 19, 2026
WCM Global Growth Limited has completed a fully subscribed 1-for-10 pro-rata non-renounceable entitlement offer and accompanying shortfall offer, raising approximately $39.8 million at $1.75 per new share, following strong support from existing an...
WCM Global Growth Posts Updated NTA as Shares Trade Near Asset Value
Mar 16, 2026
WCM Global Growth Limited has reported an estimated unaudited net tangible asset backing per share of $1.924 before tax and $1.757 after tax as at 13 March 2026. The company’s closing share price on that date was $1.770, indicating the stock...
WCM Global Growth Edges Past Benchmark as Quality Strategy Extends Outperformance
Mar 12, 2026
WCM Global Growth Ltd., an ASX-listed investment company, offers concentrated exposure to global growth equities, primarily in Consumer, Technology and Health Care, managed by WCM Investment Management. The manager’s process emphasises corpo...
WCM Global Growth presses ahead with discounted entitlement offer as portfolio outperforms benchmark
Mar 10, 2026
WCM Global Growth Limited has reminded eligible shareholders that its one-for-ten pro-rata non-renounceable entitlement offer, priced at $1.75 per new share, is scheduled to close at 5:00pm Sydney time on 17 March 2026, with the issue price set at...
WCM Global Growth posts weekly NTA with shares trading near asset backing
Mar 9, 2026
WCM Global Growth Limited has reported an estimated unaudited net tangible asset backing per share of $1.949 before tax and $1.774 after tax as at 6 March 2026. The company’s closing share price on that date was $1.780, broadly in line with ...
WCM Global Growth posts updated unaudited NTA for late February
Mar 2, 2026
WCM Global Growth Limited reported an estimated unaudited net tangible asset backing per share as at 27 February 2026, with NTA before tax of $2.013 and after tax of $1.819, against a closing share price of $1.85. The disclosure, which includes al...
WCM Global Growth launches $39.8m entitlement offer at $1.75 a share
Feb 26, 2026
WCM Global Growth Limited has launched a one-for-ten pro-rata non-renounceable entitlement offer of new ordinary shares at $1.75 per share, targeting a capital raise of about $39.8 million. The offer is open to eligible shareholders in Australia a...
WCM Global Growth Posts Updated NTA as Shares Trade Near Asset Backing
Feb 23, 2026
WCM Global Growth Limited reported an estimated unaudited net tangible asset backing per share of $2.018 before tax and $1.823 after tax as at 20 February 2026. The company’s closing share price on that date was $1.835, indicating the shares...
WCM Global Growth Trails Benchmark in January but Maintains Long-Term Outperformance
Feb 10, 2026
WCM Global Growth Ltd., an ASX-listed investment company (WQG), offers Australian investors exposure to a concentrated portfolio of international equities, largely in high-growth Consumer, Technology and Health Care names. The strategy, run by WCM...
WCM Global Growth Posts Weekly NTA Update as Shares Trade Near Asset Backing
Feb 9, 2026
WCM Global Growth Limited has released its latest unaudited weekly net tangible asset update, reporting an estimated pre-tax NTA of $1.996 per share and a post-tax NTA of $1.807 per share as at 6 February 2026, based on 227,624,850 shares on issue...
WCM Global Growth Reports January NTA, Shares Trade Near Asset Backing
Feb 2, 2026
WCM Global Growth Limited has released its estimated unaudited net tangible asset (NTA) backing per share as at 30 January 2026, reporting a pre-tax NTA of $2.023 and a post-tax NTA of $1.826, against a closing share price of $1.915. The update, w...
WCM Global Growth Posts Updated NTA, Shares Trade Near Asset Backing
Jan 27, 2026
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 23 January 2026, based on issued capital of 227,624,850 shares. With a closing share price of ...
WCM Global Growth Director Michael Liu Steps Down, Discloses Final Shareholding
Jan 27, 2026
WCM Global Growth Limited has announced that director Michael Liu ceased to be a director of the company on 26 January 2026. According to the final director’s interest notice lodged with the ASX, Liu holds no shares as a registered holder bu...
WCM Global Growth Mourns Passing of Founding Non-Executive Director Michael Liu
Jan 27, 2026
WCM Global Growth Limited has announced the unexpected death of non-executive independent director Michael Liu, a founding board member who joined ahead of the company’s ASX listing in 2017. Liu also served as chair of the Audit and Risk Com...
WCM Global Growth Posts Unaudited NTA of $2.14 Per Share
Jan 19, 2026
WCM Global Growth Limited has reported an estimated unaudited pre-tax net tangible asset (NTA) backing of $2.138 per share and an after-tax NTA of $1.906 per share as at 16 January 2026, based on 227,624,850 shares on issue. With a closing share p...
WCM Global Growth Extends Benchmark Outperformance as NTA Tops Share Price
Jan 14, 2026
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 p...
WCM Global Growth Posts Weekly NTA, Shares Trade Near Asset Backing
Jan 12, 2026
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 closin...
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.