West African Resources (ASX:WAF) Pre-Tax Income: A$808 Mil (TTM As of Dec. 2025)

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ASX:WAF West African Resources Ltd ASX:WAF
93 GF Score
Price A$3.50
GF Value A$4.60
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is West African Resources Pre-Tax Income?

West African Resources ASX:WAF +3.24% 93 Pre-Tax Income is A$808 Mil as of Dec. 2025. GuruFocus rates ASX:WAF with a GF Score™ of 93/100 and a GF Value™ of A$4.60 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. West African Resources's pretax income for the six months ended in Dec. 2025 was A$512 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was A$808 Mil. West African Resources's pretax margin was 48.30%.

During the past 13 years, West African Resources's highest Pretax Margin was 52.67%. The lowest was 36.59%. And the median was 45.38%.


West African Resources  (ASX:WAF) Pre-Tax Income Explanation

West African Resources's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pretax Income/Revenue
=512.417/1060.847
=48.30%

During the past 13 years, West African Resources's highest Pretax Margin was 52.67%. The lowest was 36.59%. And the median was 45.38%.

* 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.


West African Resources Pre-Tax Income Related Terms


West African Resources Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for West African Resources's Pre-Tax Income 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.

West African Resources Pre-Tax Income Chart

West African Resources Annual Data
Trend Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 321.55 257.56 241.09 342.09 807.90

West African Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pre-Tax Income 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 Premium Member Only Premium Member Only Premium Member Only 115.45 133.41 208.67 295.48 512.42

ASX:WAF vs NEM, AU: Pre-Tax Income Comparison

For the Gold subindustry, West African Resources's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


West African Resources Pre-Tax Income vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, West African Resources's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where West African Resources's Pre-Tax Income falls into.


ASX:WAF
93GF Score
West African Resources Ltd ASX:WAF
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

West African Resources Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

West African Resources's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=810.3+18.5+-30+9.1+0
=808

West African Resources's Pretax Income for the quarter that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=569.717+-34.015+-28.022+4.737+1.1368683772162E-13
=512

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$808 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of A$808 Mil mean?
West African Resources (ASX:WAF) has a Pre-Tax Income of A$808 Mil as of Dec. 2025. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on West African Resources and its competitors.
Is West African Resources' Pre-Tax Income too high?
West African Resources' current Pre-Tax Income is A$808 Mil. Overall, West African Resources has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' Pre-Tax Income compare to NEM and AU?
West African Resources' Pre-Tax Income of A$808 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Metals & Mining company?
A good Pre-Tax Income depends on the Metals & Mining industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on West African Resources and its competitors. West African Resources's current Pre-Tax Income is A$808 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (ASX:WAF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$4.60, compared to a current price of A$3.50 — trading 23.9% below its estimated fair value. The current Pre-Tax Income is A$808 Mil. West African Resources' overall GF Score™ is 93/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For West African Resources (ASX:WAF), the current Pre-Tax Income is A$808 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 West African Resources (ASX:WAF) Overvalued in 2026?

Based on GuruFocus' analysis, West African Resources stock appears to be undervalued. The current stock price of A$3.50 is trading 23.9% below its estimated GF Value™ of A$4.60. GuruFocus considers West African Resources to be Modestly Undervalued.

Key valuation signals for ASX:WAF:

  • Pre-Tax Income: A$808 Mil
  • GF Value™: A$4.60 vs. price of A$3.50 (23.9% below fair value)
  • GF Score™: 93/100 with 4 warning signs

No single metric tells the full story. See the ASX:WAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


West African Resources Business Description

Other Exchanges WFRSF:USAW25:Germany
Address 1 Alvan Street, Level 1, Subiaco, WA, AUS, 6008
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
93GF Score

Get the complete analysis for ASX:WAF

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

A$3.50
Price
A$4.60
GF Value