WAM Alternative AssetsASX:WMA -1.51%72 Net Margin % is 59.78% as of Dec. 2025, which is 0% above its 10-year median of 59.50. GuruFocus rates ASX:WMA with a GF Score™ of 72/100 and a GF Value™ of A$1.08 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,579 Asset Management companies, WAM Alternative Assets ranks worse than 61.37% on this metric.
The historical rank and industry rank for WAM Alternative Assets's Net Margin % or its related term are showing as below:
ASX:WMA'
s Net Margin % Range Over the Past 10 Years
Min: 43.25 Med: 59.5 Max: 69.19
Current: 56.64
ASX:WMA's Net Margin % is ranked worse than 61.37% of 1579
companies
in the Asset Management industry
Industry Median: 84.88
vs ASX:WMA: 56.64
WAM Alternative Assets (ASX:WMA) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
WAM Alternative Assets Net Margin % Related Terms
WAM Alternative Assets Net Margin % Historical Data
* 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 Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WAM Alternative Assets's Net Margin % distribution charts can be found below:
* The bar in red indicates where WAM Alternative Assets's Net Margin % falls into.
* 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 Net Margin % of 59.78% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on WAM Alternative Assets and its competitors. This is near median its historical median of 59.50. Over the past decade, WAM Alternative Assets' Net Margin % has ranged from 43.25 to 69.19. According to the industry distribution chart, WAM Alternative Assets ranks #969 out of 1579 companies in the Asset Management industry, placing it in the top 61.4%.
Is WAM Alternative Assets' Net Margin % too high?
WAM Alternative Assets' current Net Margin % of 59.78% is near median its 10-year median of 59.50. Over the past 10 years, this metric has ranged from a low of 43.25 to a high of 69.19. The Asset Management industry median Net Margin % is 84.88. WAM Alternative Assets' value of 59.78% is 29.6% below this industry median. Based on the distribution chart, WAM Alternative Assets ranks #969 out of 1579 companies in the Asset Management industry, which is below the industry midpoint. Overall, WAM Alternative Assets has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WAM Alternative Assets' Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, WAM Alternative Assets ranks #969 out of 1579 companies for Net Margin %. This places WAM Alternative Assets in the lower half of its industry. The industry median Net Margin % is 84.88. WAM Alternative Assets' value of 59.78% is 29.6% below this benchmark. Historically, WAM Alternative Assets' own Net Margin % has ranged from 43.25 to 69.19 over the past decade. While the company's 10-year median is 59.50 vs. the industry median of 84.88, WAM Alternative Assets 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 Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 84.88, based on 1,579 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. WAM Alternative Assets's current Net Margin % of 59.78% is 29.6% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on WAM Alternative Assets and its competitors. For the Asset Management industry, the median Net Margin % is 84.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WAM Alternative Assets's current Net Margin % is 59.78%, which is near median its own 10-year median of 59.50. 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 Fairly Valued. The stock's GF Value™ is A$1.08, compared to a current price of A$0.98 — trading 9.3% below its estimated fair value. The current Net Margin % is 59.78%, which is near median its 10-year median of 59.50 and 29.6% below the Asset Management industry median of 84.88. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For WAM Alternative Assets (ASX:WMA), the current Net Margin % is 59.78% 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 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$0.98 is trading 9.3% below its estimated GF Value™ of A$1.08.
GuruFocus considers WAM Alternative Assets to be Fairly Valued.
Key valuation signals for ASX:WMA:
Net Margin %: 59.78% (near median its 10-year median of 59.50)
GF Value™: A$1.08 vs. price of A$0.98 (9.3% below fair value)
Industry Position: 29.6% below the Asset Management median (#969 of 1579)
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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