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WAM MicrocapASX:WMI +1.38%56 EV-to-FCF is 11.38 as of Jul. 31, 2026, which is 36% below its 10-year median of 17.90. GuruFocus rates ASX:WMI with a GF Score™ of 56/100 and a GF Value™ of A$1.59 (Fairly Valued). The stock has 1 warning sign investors should review. Among 942 Asset Management companies, WAM Microcap ranks better than 59.77% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, WAM Microcap's Enterprise Value is A$377.92 Mil.
WAM Microcap's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$33.21 Mil. Therefore, WAM Microcap's EV-to-FCF for today is 11.38.
The historical rank and industry rank for WAM Microcap's EV-to-FCF or its related term are showing as below:
ASX:WMI'
s EV-to-FCF Range Over the Past 10 Years
Min: -7.13 Med: 17.9 Max: 234.6
Current: 11.25
During the past 7 years, the highest EV-to-FCF of WAM Microcap was 234.60. The lowest was -7.13. And the median was 17.90.
ASX:WMI's EV-to-FCF is ranked better than 59.77% of 942
companies
in the Asset Management industry
Industry Median: 14.435
vs ASX:WMI: 11.25
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 Microcap's PE Ratio (TTM) for today is calculated as:
WAM Microcap's share price for today is A$1.465.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. WAM Microcap's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.151.
* 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 Microcap EV-to-FCF Related Terms
WAM Microcap EV-to-FCF Historical Data
* Premium members only.
The historical data trend for WAM Microcap'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 Microcap'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 Microcap EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WAM Microcap's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where WAM Microcap's EV-to-FCF falls into.
WAM Microcap's current Enterprise Value is A$377.92 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. WAM Microcap's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$33.21 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 Microcap (ASX:WMI) has a EV-to-FCF of 11.38 as of Jul. 31, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on WAM Microcap and its competitors. This is 36% below median its historical median of 17.90. According to the industry distribution chart, WAM Microcap ranks #379 out of 942 companies in the Asset Management industry, placing it in the top 40.2%.
Is WAM Microcap's EV-to-FCF too high?
WAM Microcap's current EV-to-FCF of 11.38 is 36% below median its 10-year median of 17.90. The Asset Management industry median EV-to-FCF is 14.44. WAM Microcap's value of 11.38 is 21.2% below this industry median. Based on the distribution chart, WAM Microcap ranks #379 out of 942 companies in the Asset Management industry, which is above the industry midpoint. Overall, WAM Microcap has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WAM Microcap's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, WAM Microcap ranks #379 out of 942 companies for EV-to-FCF. This puts WAM Microcap in the upper half of its industry. The industry median EV-to-FCF is 14.44. WAM Microcap's value of 11.38 is 21.2% below this benchmark. While the company's 10-year median is 17.90 vs. the industry median of 14.44, WAM Microcap 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 14.44, 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 Microcap's current EV-to-FCF of 11.38 is 21.2% 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 Microcap and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WAM Microcap's current EV-to-FCF is 11.38, which is 36% below median its own 10-year median of 17.90. 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 Fairly Valued. The stock's GF Value™ is A$1.59, compared to a current price of A$1.47 — trading 7.9% below its estimated fair value. The current EV-to-FCF is 11.38, which is 36% below median its 10-year median of 17.90 and 21.2% below the Asset Management industry median of 14.44. WAM Microcap's overall GF Score™ is 56/100 with 1 warning sign 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 Microcap (ASX:WMI), the current EV-to-FCF is 11.38 as of Jul. 31, 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 undervalued.
The current stock price of A$1.47 is trading 7.9% below its estimated GF Value™ of A$1.59.
GuruFocus considers WAM Microcap to be Fairly Valued.
Key valuation signals for ASX:WMI:
EV-to-FCF: 11.38 (36% below median its 10-year median of 17.90)
GF Value™: A$1.59 vs. price of A$1.47 (7.9% below fair value)
Industry Position: 21.2% below the Asset Management median (#379 of 942)
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.
56GF Score
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