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WAM ActiveASX:WAA -2.44%49 Equity-to-Asset is 0.79 as of Jun. 2026, which is 14% below its 10-year median of 0.92. GuruFocus rates ASX:WAA with a GF Score™ of 49/100 and a GF Value™ of A$2.69 (Significantly Undervalued). Among 1,617 Asset Management companies, WAM Active ranks worse than 53.74% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WAM Active's Total Stockholders Equity for the quarter that ended in Jun. 2026 was A$167.24 Mil. WAM Active's Total Assets for the quarter that ended in Jun. 2026 was A$211.10 Mil.
Therefore, WAM Active's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.79.
The historical rank and industry rank for WAM Active's Equity-to-Asset or its related term are showing as below:
ASX:WAA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.79 Med: 0.92 Max: 0.97
Current: 0.79
During the past 13 years, the highest Equity to Asset Ratio of WAM Active was 0.97. The lowest was 0.79. And the median was 0.92.
ASX:WAA's Equity-to-Asset is ranked worse than 53.74% of 1617
companies
in the Asset Management industry
Industry Median: 0.83
vs ASX:WAA: 0.79
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
WAM Active Equity-to-Asset Related Terms
WAM Active Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for WAM Active's Equity-to-Asset 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:WAA vs BLK, BX, KKR: Equity-to-Asset Comparison
For the Asset Management subindustry, WAM Active's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Active Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WAM Active's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where WAM Active's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
WAM Active's Equity to Asset Ratio for the fiscal year that ended in Jun. 2026 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.
WAM Active (ASX:WAA) has a Equity-to-Asset of 0.79 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on WAM Active and its competitors. This is 14% below median its historical median of 0.92. Over the past decade, WAM Active's Equity-to-Asset has ranged from 0.79 to 0.97. According to the industry distribution chart, WAM Active ranks #869 out of 1617 companies in the Asset Management industry, placing it in the top 53.7%.
Is WAM Active's Equity-to-Asset too high?
WAM Active's current Equity-to-Asset of 0.79 is 14% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 0.97. The Asset Management industry median Equity-to-Asset is 0.83. WAM Active's value of 0.79 is 4.8% below this industry median. Based on the distribution chart, WAM Active ranks #869 out of 1617 companies in the Asset Management industry, which is below the industry midpoint. Overall, WAM Active has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WAM Active's Equity-to-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, WAM Active ranks #869 out of 1617 companies for Equity-to-Asset. This places WAM Active in the lower half of its industry. The industry median Equity-to-Asset is 0.83. WAM Active's value of 0.79 is 4.8% below this benchmark. Historically, WAM Active's own Equity-to-Asset has ranged from 0.79 to 0.97 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.83, WAM Active has consistently been below 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 Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,617 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. WAM Active's current Equity-to-Asset of 0.79 is 4.8% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on WAM Active and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WAM Active's current Equity-to-Asset is 0.79, which is 14% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WAM Active stock overvalued right now?
Based on GuruFocus' analysis, WAM Active (ASX:WAA) is currently considered Significantly Undervalued. The stock's GF Value™ is A$2.69, compared to a current price of A$1.00 — trading 62.8% below its estimated fair value. The current Equity-to-Asset is 0.79, which is 14% below median its 10-year median of 0.92 and 4.8% below the Asset Management industry median of 0.83. WAM Active's overall GF Score™ is 49/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For WAM Active (ASX:WAA), the current Equity-to-Asset is 0.79 as of Jun. 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 Active (ASX:WAA) Overvalued in 2026?
Based on GuruFocus' analysis, WAM Active stock appears to be undervalued.
The current stock price of A$1.00 is trading 62.8% below its estimated GF Value™ of A$2.69.
GuruFocus considers WAM Active to be Significantly Undervalued.
Key valuation signals for ASX:WAA:
Equity-to-Asset: 0.79 (14% below median its 10-year median of 0.92)
GF Value™: A$2.69 vs. price of A$1.00 (62.8% below fair value)
Industry Position: 4.8% below the Asset Management median (#869 of 1617)
No single metric tells the full story. See the ASX:WAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WAM Active Ltd is an asset management company. Its principal activity is making investments in listed companies. Its investment objectives are to deliver investors a regular income stream in the form of fully franked dividends; provide investors with a positive return, after fees, along with low volatility over the majority of periods; and preserve capital in both the short term and long term.
49GF Score
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