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WAM LeadersASX:WLE -0.75%66 EV-to-FCF is 9.29 as of Aug. 28, 2026, which is 10% above its 10-year median of 8.42. GuruFocus rates ASX:WLE with a GF Score™ of 66/100 and a GF Value™ of A$2.97 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 942 Asset Management companies, WAM Leaders ranks better than 66.56% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, WAM Leaders's Enterprise Value is A$1,967.3 Mil.
WAM Leaders's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was A$211.8 Mil. Therefore, WAM Leaders's EV-to-FCF for today is 9.29.
The historical rank and industry rank for WAM Leaders's EV-to-FCF or its related term are showing as below:
ASX:WLE'
s EV-to-FCF Range Over the Past 10 Years
Min: -30.65 Med: 8.42 Max: 108.03
Current: 9.22
During the past 9 years, the highest EV-to-FCF of WAM Leaders was 108.03. The lowest was -30.65. And the median was 8.42.
ASX:WLE's EV-to-FCF is ranked better than 66.56% of 942
companies
in the Asset Management industry
Industry Median: 14.105
vs ASX:WLE: 9.22
EV-to-FCF 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.
EV-to-FCF 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:
WAM Leaders's share price for today is A$1.33.
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 Jun. 2026 was A$0.118.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
WAM Leaders EV-to-FCF Related Terms
WAM Leaders EV-to-FCF Historical Data
* Premium members only.
The historical data trend for WAM Leaders's EV-to-FCF 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.
For the Asset Management subindustry, WAM Leaders's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WAM Leaders's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where WAM Leaders's EV-to-FCF falls into.
WAM Leaders's current Enterprise Value is A$1,967.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. WAM Leaders's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was A$211.8 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 Leaders (ASX:WLE) has a EV-to-FCF of 9.29 as of Aug. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on WAM Leaders and its competitors. This is 10% above median its historical median of 8.42. According to the industry distribution chart, WAM Leaders ranks #315 out of 942 companies in the Asset Management industry, placing it in the top 33.4%.
Is WAM Leaders' EV-to-FCF too high?
WAM Leaders' current EV-to-FCF of 9.29 is 10% above median its 10-year median of 8.42. The Asset Management industry median EV-to-FCF is 14.11. WAM Leaders' value of 9.29 is 34.1% below this industry median. Based on the distribution chart, WAM Leaders ranks #315 out of 942 companies in the Asset Management industry, which is above the industry midpoint. Overall, WAM Leaders has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WAM Leaders' EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, WAM Leaders ranks #315 out of 942 companies for EV-to-FCF. This puts WAM Leaders in the upper half of its industry. The industry median EV-to-FCF is 14.11. WAM Leaders' value of 9.29 is 34.1% below this benchmark. While the company's 10-year median is 8.42 vs. the industry median of 14.11, WAM Leaders 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 EV-to-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.11, based on 942 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. WAM Leaders's current EV-to-FCF of 9.29 is 34.1% 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on WAM Leaders and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WAM Leaders's current EV-to-FCF is 9.29, which is 10% above median its own 10-year median of 8.42. 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 Possible Value Trap. The stock's GF Value™ is A$2.97, compared to a current price of A$1.33 — trading 55.2% below its estimated fair value. The current EV-to-FCF is 9.29, which is 10% above median its 10-year median of 8.42 and 34.1% below the Asset Management industry median of 14.11. WAM Leaders' overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For WAM Leaders (ASX:WLE), the current EV-to-FCF is 9.29 as of Aug. 28, 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$1.33 is trading 55.2% below its estimated GF Value™ of A$2.97.
GuruFocus considers WAM Leaders to be Possible Value Trap.
Key valuation signals for ASX:WLE:
EV-to-FCF: 9.29 (10% above median its 10-year median of 8.42)
GF Value™: A$2.97 vs. price of A$1.33 (55.2% below fair value)
Industry Position: 34.1% below the Asset Management median (#315 of 942)
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 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.
66GF Score
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