WAM Strategic ValueASX:WAR +0.47%62 Pretax Margin % is 93.10% as of Dec. 2025, which is 3% above its 10-year median of 90.37. GuruFocus rates ASX:WAR with a GF Score™ of 62/100 and a GF Value™ of A$1.21 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,576 Asset Management companies, WAM Strategic Value ranks better than 51.14% on this metric.
The historical rank and industry rank for WAM Strategic Value's Pretax Margin % or its related term are showing as below:
ASX:WAR'
s Pretax Margin % Range Over the Past 10 Years
Min: 84.22 Med: 90.37 Max: 92.63
Current: 90.59
ASX:WAR's Pretax Margin % is ranked better than 51.14% of 1576
companies
in the Asset Management industry
Industry Median: 89.475
vs ASX:WAR: 90.59
WAM Strategic Value (ASX:WAR) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
WAM Strategic Value Pretax Margin % Related Terms
WAM Strategic Value Pretax Margin % Historical Data
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The historical data trend for WAM Strategic Value's Pretax Margin % 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.
ASX:WAR vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, WAM Strategic Value's Pretax Margin %, along with its competitors' market caps and Pretax 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 Strategic Value Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WAM Strategic Value's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where WAM Strategic Value's Pretax 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 Strategic Value (ASX:WAR) has a Pretax Margin % of 93.10% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on WAM Strategic Value and its competitors. This is near median its historical median of 90.37. Over the past decade, WAM Strategic Value's Pretax Margin % has ranged from 84.22 to 92.63. According to the industry distribution chart, WAM Strategic Value ranks #770 out of 1576 companies in the Asset Management industry, placing it in the top 48.9%.
Is WAM Strategic Value's Pretax Margin % too high?
WAM Strategic Value's current Pretax Margin % of 93.10% is near median its 10-year median of 90.37. Over the past 10 years, this metric has ranged from a low of 84.22 to a high of 92.63. The Asset Management industry median Pretax Margin % is 89.48. WAM Strategic Value's value of 93.10% is 4.1% above this industry median. Based on the distribution chart, WAM Strategic Value ranks #770 out of 1576 companies in the Asset Management industry, which is above the industry midpoint. Overall, WAM Strategic Value has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WAM Strategic Value's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, WAM Strategic Value ranks #770 out of 1576 companies for Pretax Margin %. This puts WAM Strategic Value in the upper half of its industry. The industry median Pretax Margin % is 89.48. WAM Strategic Value's value of 93.10% is 4.1% above this benchmark. Historically, WAM Strategic Value's own Pretax Margin % has ranged from 84.22 to 92.63 over the past decade. While the company's 10-year median is 90.37 vs. the industry median of 89.48, WAM Strategic Value has consistently been above 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 Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,576 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. WAM Strategic Value's current Pretax Margin % of 93.10% is 4.1% above 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on WAM Strategic Value and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WAM Strategic Value's current Pretax Margin % is 93.10%, which is near median its own 10-year median of 90.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WAM Strategic Value stock overvalued right now?
Based on GuruFocus' analysis, WAM Strategic Value (ASX:WAR) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.21, compared to a current price of A$1.07 — trading 11.6% below its estimated fair value. The current Pretax Margin % is 93.10%, which is near median its 10-year median of 90.37 and 4.1% above the Asset Management industry median of 89.48. WAM Strategic Value's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For WAM Strategic Value (ASX:WAR), the current Pretax Margin % is 93.10% 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 Strategic Value (ASX:WAR) Overvalued in 2026?
Based on GuruFocus' analysis, WAM Strategic Value stock appears to be undervalued.
The current stock price of A$1.07 is trading 11.6% below its estimated GF Value™ of A$1.21.
GuruFocus considers WAM Strategic Value to be Modestly Undervalued.
Key valuation signals for ASX:WAR:
Pretax Margin %: 93.10% (near median its 10-year median of 90.37)
GF Value™: A$1.21 vs. price of A$1.07 (11.6% below fair value)
Industry Position: 4.1% above the Asset Management median (#770 of 1576)
No single metric tells the full story. See the ASX:WAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WAM Strategic Value Ltd is an investment company. The company is engaged in investing activities, including cash, term deposits, and equity investments. Its investment objectives are to provide capital growth over the medium-to-long term, deliver a stream of dividends, and preserve capital while providing shareholders with exposure to a diversified equities portfolio.
62GF Score
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