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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, WAM Alternative Assets's Enterprise Value is A$192.23 Mil.
WAM Alternative Assets's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-39.96 Mil. Therefore, WAM Alternative Assets's EV-to-OCF for today is -4.81.
The historical rank and industry rank for WAM Alternative Assets's EV-to-OCF or its related term are showing as below:
ASX:WMA'
s EV-to-OCF Range Over the Past 10 Years
Min: -374.08 Med: 7.22 Max: 218.23
Current: -4.88
During the past 12 years, the highest EV-to-OCF of WAM Alternative Assets was 218.23. The lowest was -374.08. And the median was 7.22.
ASX:WMA's EV-to-OCF is ranked better than 69.52% of 1509
companies
in the Asset Management industry
Industry Median: 6.2
vs ASX:WMA: -4.88
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 Alternative Assets (ASX:WMA) 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 Alternative Assets's PE Ratio (TTM) for today is calculated as:
WAM Alternative Assets's share price for today is A$0.99.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. WAM Alternative Assets's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.041.
* 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.
* 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.
For the Asset Management subindustry, WAM Alternative Assets'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 Alternative Assets EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WAM Alternative Assets's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where WAM Alternative Assets's EV-to-OCF falls into.
WAM Alternative Assets's current Enterprise Value is A$192.23 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. WAM Alternative Assets's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-39.96 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.
WAM Alternative Assets (ASX:WMA) has a EV-to-OCF of -4.81 as of Aug. 06, 2026. According to the industry distribution chart, WAM Alternative Assets ranks #460 out of 1509 companies in the Asset Management industry, placing it in the top 30.5%.
Is WAM Alternative Assets' EV-to-OCF too high?
WAM Alternative Assets' current EV-to-OCF is -4.81. Based on the distribution chart, WAM Alternative Assets ranks #460 out of 1509 companies in the Asset Management industry, which is above the industry midpoint. Overall, WAM Alternative Assets has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WAM Alternative Assets' EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, WAM Alternative Assets ranks #460 out of 1509 companies for EV-to-OCF. This puts WAM Alternative Assets in the upper half of its industry. The industry median EV-to-OCF is 6.20. 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 6.20, based on 1,509 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. 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 6.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WAM Alternative Assets's current EV-to-OCF is -4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WAM Alternative Assets stock overvalued right now?
Based on GuruFocus' analysis, WAM Alternative Assets (ASX:WMA) is currently considered Fairly Valued. The stock's GF Value™ is A$1.06, compared to a current price of A$0.99 — trading 6.6% below its estimated fair value. The current EV-to-OCF is -4.81. WAM Alternative Assets' overall GF Score™ is 63/100 with 4 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 Alternative Assets (ASX:WMA), the current EV-to-OCF is -4.81 as of Aug. 06, 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 Alternative Assets (ASX:WMA) Overvalued in 2026?
Based on GuruFocus' analysis, WAM Alternative Assets stock appears to be undervalued.
The current stock price of A$0.99 is trading 6.6% below its estimated GF Value™ of A$1.06.
GuruFocus considers WAM Alternative Assets to be Fairly Valued.
Key valuation signals for ASX:WMA:
EV-to-OCF: -4.81
GF Value™: A$1.06 vs. price of A$0.99 (6.6% below fair value)
No single metric tells the full story. See the ASX:WMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WAM Alternative Assets Ltd is an investment company. Its investment objectives are to deliver absolute returns through a combination of dividend yield and capital growth, while providing diversification benefits to shareholders. The company provides investors with exposure to a portfolio of real assets, private equity, infrastructure, real estate, and private debt strategies.
63GF Score
Get the complete analysis for ASX:WMA
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