WAM Microcap (ASX:WMI) Marketable Securities: A$384.61 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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
57 GF Score
Price A$1.47
GF Value A$1.59
Valuation Fairly Valued
! 1 Warning Sign
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What is WAM Microcap Marketable Securities?

WAM Microcap ASX:WMI -0.68% 57 Marketable Securities is A$384.61 Mil as of Dec. 2025. GuruFocus rates ASX:WMI with a GF Score™ of 57/100 and a GF Value™ of A$1.59 (Fairly Valued). The stock has 1 warning sign investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. WAM Microcap's Marketable Securities for the quarter that ended in Dec. 2025 was A$384.61 Mil.

WAM Microcap's annual Marketable Securities increased from Jun. 2023 (A$13.80 Mil) to Jun. 2024 (A$14.13 Mil) and increased from Jun. 2024 (A$14.13 Mil) to Jun. 2025 (A$14.84 Mil).

WAM Microcap  (ASX:WMI) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

WAM Microcap Marketable Securities Related Terms

WAM Microcap Marketable Securities Historical Data

* Premium members only.

The historical data trend for WAM Microcap's Marketable Securities 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 Marketable Securities Chart

WAM Microcap Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Marketable Securities
Get a 7-Day Free Trial 21.83 13.06 13.80 14.13 14.84

WAM Microcap Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Marketable Securities 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 254.59 14.13 385.49 14.84 384.61
ASX:WMI
57GF Score
WAM Microcap Ltd ASX:WMI
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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WAM Microcap Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of A$384.61 Mil mean?
WAM Microcap (ASX:WMI) has a Marketable Securities of A$384.61 Mil as of Dec. 2025. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on WAM Microcap and its competitors.
Is WAM Microcap's Marketable Securities too high?
WAM Microcap's current Marketable Securities is A$384.61 Mil. Overall, WAM Microcap has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WAM Microcap's Marketable Securities compare to BLK and BX?
WAM Microcap's Marketable Securities of A$384.61 Mil 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 Marketable Securities for an Asset Management company?
A good Marketable Securities depends on the Asset Management industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on WAM Microcap and its competitors. WAM Microcap's current Marketable Securities is A$384.61 Mil. 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 7.5% below its estimated fair value. The current Marketable Securities is A$384.61 Mil. WAM Microcap's overall GF Score™ is 57/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For WAM Microcap (ASX:WMI), the current Marketable Securities is A$384.61 Mil as of Dec. 2025. 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 7.5% below its estimated GF Value™ of A$1.59. GuruFocus considers WAM Microcap to be Fairly Valued.

Key valuation signals for ASX:WMI:

  • Marketable Securities: A$384.61 Mil
  • GF Value™: A$1.59 vs. price of A$1.47 (7.5% below fair value)
  • GF Score™: 57/100 with 1 warning sign

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.
57GF Score

Get the complete analysis for ASX:WMI

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

A$1.47
Price
A$1.59
GF Value