Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, WAM Capital's Enterprise Value is A$1,558.8 Mil.
WAM Capital's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$145.7 Mil. Therefore, WAM Capital's EV-to-Revenue ratio for today is 10.70.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, WAM Capital's Enterprise Value is A$1,558.8 Mil.
WAM Capital's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$166.2 Mil. Therefore, WAM Capital's EV-to-FCF ratio for today is 9.38.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
WAM Capital (ASX:WAM) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
WAM Capital's current Enterprise Value is A$1,558.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. WAM Capital's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$145.7 Mil.
WAM Capital's current Enterprise Value is A$1,558.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. WAM Capital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$166.2 Mil.
WAM Capital's current Enterprise Value is A$1,558.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. WAM Capital's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$166.2 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 Capital Enterprise Value Related Terms
WAM Capital Enterprise Value Historical Data
* Premium members only.
The historical data trend for WAM Capital's Enterprise Value 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.
ASX:WAM vs BLK, BX, KKR: Enterprise Value Comparison
For the Asset Management subindustry, WAM Capital's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Capital Enterprise Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WAM Capital's Enterprise Value distribution charts can be found below:
* The bar in red indicates where WAM Capital's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
WAM Capital's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
What does a Enterprise Value of A$1,558.8 Mil mean?
WAM Capital (ASX:WAM) has a Enterprise Value of A$1,558.8 Mil as of Jul. 10, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on WAM Capital and its competitors.
Is WAM Capital's Enterprise Value too high?
WAM Capital's current Enterprise Value is A$1,558.8 Mil. Overall, WAM Capital has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WAM Capital's Enterprise Value compare to BLK and BX?
WAM Capital's Enterprise Value of A$1,558.8 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Asset Management company?
A good Enterprise Value depends on the Asset Management industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on WAM Capital and its competitors. WAM Capital's current Enterprise Value is A$1,558.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WAM Capital stock overvalued right now?
Based on GuruFocus' analysis, WAM Capital (ASX:WAM) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.74, compared to a current price of A$1.55 — trading 109.5% above its estimated fair value. The current Enterprise Value is A$1,558.8 Mil. WAM Capital's overall GF Score™ is 33/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For WAM Capital (ASX:WAM), the current Enterprise Value is A$1,558.8 Mil as of Jul. 10, 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 Capital (ASX:WAM) Overvalued in 2026?
Based on GuruFocus' analysis, WAM Capital stock appears to be overvalued.
The current stock price of A$1.55 is trading 109.5% above its estimated GF Value™ of A$0.74.
GuruFocus considers WAM Capital to be Significantly Overvalued.
Key valuation signals for ASX:WAM:
Enterprise Value: A$1,558.8 Mil
GF Value™: A$0.74 vs. price of A$1.55 (109.5% above fair value)
No single metric tells the full story. See the ASX:WAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WAM Capital Ltd is a closed-end investment fund, which engages in investing activities, including cash, term deposits, and equity investments. It provides exposure to relative value arbitrage and market mispricing opportunities and manages a diversified portfolio of undervalued growth companies. Its investment objective is to deliver a stream of fully franked dividends, provide capital growth and preserve capital.
33GF Score
Get the complete analysis for ASX:WAM
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