WAM Microcap (ASX:WMI) Goodwill-to-Asset: 0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:WMI WAM Microcap Ltd ASX:WMI
35 GF Score
Price A$1.41
GF Value A$0.05
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is WAM Microcap Goodwill-to-Asset?

WAM Microcap ASX:WMI -3.44% 35 Goodwill-to-Asset is 0.00 as of Jun. 2026. GuruFocus rates ASX:WMI with a GF Score™ of 35/100 and a GF Value™ of A$0.05 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. WAM Microcap's Goodwill for the quarter that ended in Jun. 2026 was A$0.00 Mil. WAM Microcap's Total Assets for the quarter that ended in Jun. 2026 was A$380.38 Mil. Therefore, WAM Microcap's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.


WAM Microcap  (ASX:WMI) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


WAM Microcap Goodwill-to-Asset Related Terms


WAM Microcap Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for WAM Microcap's Goodwill-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.

WAM Microcap Goodwill-to-Asset Chart

WAM Microcap Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Goodwill-to-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

WAM Microcap Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

ASX:WMI vs BLK, BX, KKR: Goodwill-to-Asset Comparison

For the Asset Management subindustry, WAM Microcap's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-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 Goodwill-to-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, WAM Microcap's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where WAM Microcap's Goodwill-to-Asset falls into.


ASX:WMI
35GF Score
WAM Microcap Ltd ASX:WMI
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WAM Microcap Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

WAM Microcap's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2026 is calculated as

Goodwill to Asset (A: Jun. 2026 )=Goodwill/Total Assets
=0/380.376
=0.00

WAM Microcap's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=0/380.376
=0.00

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
WAM Microcap (ASX:WMI) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on WAM Microcap and its competitors.
Is WAM Microcap's Goodwill-to-Asset too high?
WAM Microcap's current Goodwill-to-Asset is 0.00. Overall, WAM Microcap has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WAM Microcap's Goodwill-to-Asset compare to BLK and BX?
WAM Microcap's Goodwill-to-Asset of 0.00 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for an Asset Management company?
A good Goodwill-to-Asset depends on the Asset Management industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on WAM Microcap and its competitors. WAM Microcap's current Goodwill-to-Asset is 0.00. 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$1.41 — trading 2710% above its estimated fair value. The current Goodwill-to-Asset is 0.00. WAM Microcap's overall GF Score™ is 35/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For WAM Microcap (ASX:WMI), the current Goodwill-to-Asset is 0.00 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$1.41 is trading 2710% above its estimated GF Value™ of A$0.05. GuruFocus considers WAM Microcap to be Significantly Overvalued.

Key valuation signals for ASX:WMI:

  • Goodwill-to-Asset: 0.00
  • GF Value™: A$0.05 vs. price of A$1.41 (2710% above fair value)
  • GF Score™: 35/100 with 2 warning signs

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 Business Description

Address 1 Farrer Place, Level 26, Governor Phillip Tower, Sydney, NSW, AUS, 2000
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.
35GF Score

Get the complete analysis for ASX:WMI

Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.41
Price
A$0.05
GF Value