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WAM MicrocapASX:WMI +1.04%32 Equity-to-Asset is 0.97 as of Jun. 2026, which is 2% above its 10-year median of 0.95. GuruFocus rates ASX:WMI with a GF Score™ of 32/100 and a GF Value™ of A$0.05 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,631 Asset Management companies, WAM Microcap ranks better than 78.23% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WAM Microcap's Total Stockholders Equity for the quarter that ended in Jun. 2026 was A$368.27 Mil. WAM Microcap's Total Assets for the quarter that ended in Jun. 2026 was A$380.38 Mil.
Therefore, WAM Microcap's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.97.
The historical rank and industry rank for WAM Microcap's Equity-to-Asset or its related term are showing as below:
ASX:WMI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.88 Med: 0.95 Max: 0.98
Current: 0.97
During the past 8 years, the highest Equity to Asset Ratio of WAM Microcap was 0.98. The lowest was 0.88. And the median was 0.95.
ASX:WMI's Equity-to-Asset is ranked better than 78.23% of 1631
companies
in the Asset Management industry
Industry Median: 0.83
vs ASX:WMI: 0.97
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 Microcap Equity-to-Asset Related Terms
WAM Microcap Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for WAM Microcap'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:WMI vs BLK, BX, KKR: Equity-to-Asset Comparison
For the Asset Management subindustry, WAM Microcap'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 Microcap Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WAM Microcap's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where WAM Microcap'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 Microcap'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 Microcap (ASX:WMI) has a Equity-to-Asset of 0.97 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 Microcap and its competitors. This is near median its historical median of 0.95. Over the past decade, WAM Microcap's Equity-to-Asset has ranged from 0.88 to 0.98. According to the industry distribution chart, WAM Microcap ranks #355 out of 1631 companies in the Asset Management industry, placing it in the top 21.8%.
Is WAM Microcap's Equity-to-Asset too high?
WAM Microcap's current Equity-to-Asset of 0.97 is near median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 0.98. The Asset Management industry median Equity-to-Asset is 0.83. WAM Microcap's value of 0.97 is 16.9% above this industry median. Based on the distribution chart, WAM Microcap ranks #355 out of 1631 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, WAM Microcap has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WAM Microcap's Equity-to-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, WAM Microcap ranks #355 out of 1631 companies for Equity-to-Asset. This places WAM Microcap in the top 22% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.83. WAM Microcap's value of 0.97 is 16.9% above this benchmark. Historically, WAM Microcap's own Equity-to-Asset has ranged from 0.88 to 0.98 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.83, WAM Microcap 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 Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,631 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 Microcap's current Equity-to-Asset of 0.97 is 16.9% 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 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 Microcap 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 Microcap's current Equity-to-Asset is 0.97, which is near median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WAM Microcap stock overvalued right now?
Based on GuruFocus' analysis, WAM Microcap (ASX:WMI) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.05, compared to a current price of A$1.46 — trading 2820% above its estimated fair value. The current Equity-to-Asset is 0.97, which is near median its 10-year median of 0.95 and 16.9% above the Asset Management industry median of 0.83. WAM Microcap's overall GF Score™ is 32/100 with 2 warning signs to review. 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 Microcap (ASX:WMI), the current Equity-to-Asset is 0.97 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 Microcap (ASX:WMI) Overvalued in 2026?
Based on GuruFocus' analysis, WAM Microcap stock appears to be overvalued.
The current stock price of A$1.46 is trading 2820% above its estimated GF Value™ of A$0.05.
GuruFocus considers WAM Microcap to be Significantly Overvalued.
Key valuation signals for ASX:WMI:
Equity-to-Asset: 0.97 (near median its 10-year median of 0.95)
GF Value™: A$0.05 vs. price of A$1.46 (2820% above fair value)
Industry Position: 16.9% above the Asset Management median (#355 of 1631)
No single metric tells the full story. See the ASX:WMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WAM Microcap Ltd is an investment company based in Australia. Its investment objectives are to deliver a stream of fully franked dividends, provide capital growth in the medium-to-long term, and preserve capital. The company is engaged in making investments in listed companies, and provides investors access to a portfolio of undervalued micro-cap growth companies with a market capitalisation of less than 300 million dollars at the time of acquisition. WAM Microcap also provides exposure to relative value arbitrage and market mispricing opportunities.
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