WAM Leaders (ASX:WLE) EV-to-OCF: 17.58 (As of Jul. 25, 2026) — 27% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:WLE WAM Leaders Ltd ASX:WLE
69 GF Score
Price A$1.39
GF Value A$2.31
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is WAM Leaders EV-to-OCF?

WAM Leaders ASX:WLE +0.36% 69 EV-to-OCF is 17.58 as of Jul. 25, 2026, which is 27% above its 10-year median of 13.89. GuruFocus rates ASX:WLE with a GF Score™ of 69/100 and a GF Value™ of A$2.31 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,508 Asset Management companies, WAM Leaders ranks worse than 73.01% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, WAM Leaders's Enterprise Value is A$1,865.6 Mil. WAM Leaders's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$106.1 Mil. Therefore, WAM Leaders's EV-to-OCF for today is 17.58.

The historical rank and industry rank for WAM Leaders's EV-to-OCF or its related term are showing as below:

ASX:WLE' s EV-to-OCF Range Over the Past 10 Years
Min: -30.65   Med: 13.89   Max: 108.03
Current: 17.39

During the past 8 years, the highest EV-to-OCF of WAM Leaders was 108.03. The lowest was -30.65. And the median was 13.89.

ASX:WLE's EV-to-OCF is ranked worse than
73.01% of 1508 companies
in the Asset Management industry
Industry Median: 6.26 vs ASX:WLE: 17.39

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-25), WAM Leaders's stock price is A$1.385. WAM Leaders's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.091. Therefore, WAM Leaders's PE Ratio (TTM) for today is 15.22.


WAM Leaders  (ASX:WLE) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

WAM Leaders's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.385/0.091
=15.22

WAM Leaders's share price for today is A$1.385.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. WAM Leaders's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.091.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


WAM Leaders EV-to-OCF Related Terms


WAM Leaders EV-to-OCF Historical Data

* Premium members only.

The historical data trend for WAM Leaders's EV-to-OCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

WAM Leaders EV-to-OCF Chart

WAM Leaders Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-OCF
Get a 7-Day Free Trial -30.13 -7.61 -15.49 24.99 13.11

WAM Leaders Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 24.99 0.00 13.11 0.00

ASX:WLE vs BLK, BX, KKR: EV-to-OCF Comparison

For the Asset Management subindustry, WAM Leaders's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WAM Leaders EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, WAM Leaders's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where WAM Leaders's EV-to-OCF falls into.


ASX:WLE
69GF Score
WAM Leaders Ltd ASX:WLE
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WAM Leaders EV-to-OCF Calculation

WAM Leaders's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1865.644/106.117
=17.58

WAM Leaders's current Enterprise Value is A$1,865.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. WAM Leaders's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$106.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 17.58 mean?
WAM Leaders (ASX:WLE) has a EV-to-OCF of 17.58 as of Jul. 25, 2026. This is 27% above median its historical median of 13.89. According to the industry distribution chart, WAM Leaders ranks #1101 out of 1508 companies in the Asset Management industry, placing it in the top 73%.
Is WAM Leaders' EV-to-OCF too high?
WAM Leaders' current EV-to-OCF of 17.58 is 27% above median its 10-year median of 13.89. The Asset Management industry median EV-to-OCF is 6.26. WAM Leaders' value of 17.58 is 180.8% above this industry median. Based on the distribution chart, WAM Leaders ranks #1101 out of 1508 companies in the Asset Management industry, which is below the industry midpoint. Overall, WAM Leaders has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WAM Leaders' EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, WAM Leaders ranks #1101 out of 1508 companies for EV-to-OCF. This places WAM Leaders in the lower half of its industry. The industry median EV-to-OCF is 6.26. WAM Leaders' value of 17.58 is 180.8% above this benchmark. While the company's 10-year median is 13.89 vs. the industry median of 6.26, WAM Leaders has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 6.26, based on 1,508 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. WAM Leaders's current EV-to-OCF of 17.58 is 180.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WAM Leaders's current EV-to-OCF is 17.58, which is 27% above median its own 10-year median of 13.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WAM Leaders stock overvalued right now?
Based on GuruFocus' analysis, WAM Leaders (ASX:WLE) is currently considered Significantly Undervalued. The stock's GF Value™ is A$2.31, compared to a current price of A$1.39 — trading 40% below its estimated fair value. The current EV-to-OCF is 17.58, which is 27% above median its 10-year median of 13.89 and 180.8% above the Asset Management industry median of 6.26. WAM Leaders' overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For WAM Leaders (ASX:WLE), the current EV-to-OCF is 17.58 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is WAM Leaders (ASX:WLE) Overvalued in 2026?

Based on GuruFocus' analysis, WAM Leaders stock appears to be undervalued. The current stock price of A$1.39 is trading 40% below its estimated GF Value™ of A$2.31. GuruFocus considers WAM Leaders to be Significantly Undervalued.

Key valuation signals for ASX:WLE:

  • EV-to-OCF: 17.58 (27% above median its 10-year median of 13.89)
  • GF Value™: A$2.31 vs. price of A$1.39 (40% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 180.8% above the Asset Management median (#1101 of 1508)

No single metric tells the full story. See the ASX:WLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WAM Leaders Business Description

Address 1 Farrer Place, Level 26, Governor Phillip Tower, GPO Box 4658, Sydney, NSW, AUS, 2000
WAM Leaders Ltd is an investment company. The company's investment objectives are to deliver a stream of fully franked dividends, provide capital growth over the medium-to-long term, and preserve capital. The company currently engages in investing activities, including cash, term deposits, and equity investments in listed companies. Its portfolio consists of securities of companies from various sectors such as Communication services, Financials, Consumer staples, Health care, and Information technology, among others.
69GF Score

Get the complete analysis for ASX:WLE

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.39
Price
A$2.31
GF Value