EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, WAM Alternative Assets's Enterprise Value is A$191.24 Mil.
WAM Alternative Assets's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-39.96 Mil. Therefore, WAM Alternative Assets's EV-to-FCF for today is -4.79.
The historical rank and industry rank for WAM Alternative Assets's EV-to-FCF or its related term are showing as below:
ASX:WMA'
s EV-to-FCF Range Over the Past 10 Years
Min: -374.08 Med: 18.79 Max: 218.23
Current: -4.79
During the past 12 years, the highest EV-to-FCF of WAM Alternative Assets was 218.23. The lowest was -374.08. And the median was 18.79.
ASX:WMA's EV-to-FCF is ranked worse than 100% of 938
companies
in the Asset Management industry
Industry Median: 14.545
vs ASX:WMA: -4.79
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 Alternative Assets (ASX:WMA) EV-to-FCF Explanation
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 Alternative Assets's PE Ratio (TTM) for today is calculated as:
WAM Alternative Assets's share price for today is A$0.97.
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. 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.
* 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-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 Alternative Assets EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WAM Alternative Assets's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where WAM Alternative Assets's EV-to-FCF falls into.
WAM Alternative Assets's current Enterprise Value is A$191.24 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. WAM Alternative Assets's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-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-FCF of -4.79 as of Jun. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on WAM Alternative Assets and its competitors. According to the industry distribution chart, WAM Alternative Assets ranks #999999 out of 938 companies in the Asset Management industry.
Is WAM Alternative Assets' EV-to-FCF too high?
WAM Alternative Assets' current EV-to-FCF is -4.79. Based on the distribution chart, WAM Alternative Assets ranks #999999 out of 938 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, WAM Alternative Assets has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WAM Alternative Assets' EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, WAM Alternative Assets ranks #999999 out of 938 companies for EV-to-FCF. This places WAM Alternative Assets in the lower half of its industry. The industry median EV-to-FCF is 14.55. 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 14.55, based on 938 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. 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 Alternative Assets and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WAM Alternative Assets's current EV-to-FCF is -4.79. 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 Modestly Undervalued. The stock's GF Value™ is A$1.08, compared to a current price of A$0.97 — trading 10.2% below its estimated fair value. The current EV-to-FCF is -4.79. WAM Alternative Assets' overall GF Score™ is 72/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For WAM Alternative Assets (ASX:WMA), the current EV-to-FCF is -4.79 as of Jun. 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 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$0.97 is trading 10.2% below its estimated GF Value™ of A$1.08.
GuruFocus considers WAM Alternative Assets to be Modestly Undervalued.
Key valuation signals for ASX:WMA:
EV-to-FCF: -4.79
GF Value™: A$1.08 vs. price of A$0.97 (10.2% 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.
72GF Score
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