WAM Capital (ASX:WAM) ROE % Adjusted to Book Value: 2.34% (As of Dec. 2025)


ASX:WAM WAM Capital Ltd ASX:WAM
33 GF Score
Price A$1.55
GF Value A$0.74
Valuation Significantly Overvalued
! 2 Warning Signs
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What is WAM Capital ROE % Adjusted to Book Value?

WAM Capital ASX:WAM 33 ROE % Adjusted to Book Value is 2.34% as of Dec. 2025. GuruFocus rates ASX:WAM with a GF Score™ of 33/100 and a GF Value™ of A$0.74 (Significantly Overvalued). The stock has 2 warning signs investors should review.

WAM Capital's ROE % for the quarter that ended in Dec. 2025 was 2.60%. WAM Capital's PB Ratio for the quarter that ended in Dec. 2025 was 1.11. WAM Capital's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 2.34%.

WAM Capital ROE % Adjusted to Book Value Related Terms

WAM Capital ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for WAM Capital's ROE % Adjusted to Book Value 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 Capital ROE % Adjusted to Book Value Chart

WAM Capital Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.17 -15.69 10.61 14.72 12.82

WAM Capital Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Adjusted to Book Value 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 12.97 15.61 17.45 7.99 2.34

ASX:WAM vs BLK, BX, KKR: ROE % Adjusted to Book Value Comparison

For the Asset Management subindustry, WAM Capital's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 Capital ROE % Adjusted to Book Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, WAM Capital's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where WAM Capital's ROE % Adjusted to Book Value falls into.


ASX:WAM
33GF Score
WAM Capital Ltd ASX:WAM
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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WAM Capital ROE % Adjusted to Book Value Calculation

WAM Capital's ROE % Adjusted to Book Value for the fiscal year that ended in Jun. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=11.92% / 0.93
=12.82%

WAM Capital's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=2.60% / 1.11
=2.34%

* 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.

What does a ROE % Adjusted to Book Value of 2.34% mean?
WAM Capital (ASX:WAM) has a ROE % Adjusted to Book Value of 2.34% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on WAM Capital and its competitors.
Is WAM Capital's ROE % Adjusted to Book Value too high?
WAM Capital's current ROE % Adjusted to Book Value is 2.34%. Overall, WAM Capital has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WAM Capital's ROE % Adjusted to Book Value compare to BLK and BX?
WAM Capital's ROE % Adjusted to Book Value of 2.34% 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 ROE % Adjusted to Book Value for an Asset Management company?
A good ROE % Adjusted to Book Value depends on the Asset Management industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on WAM Capital and its competitors. WAM Capital's current ROE % Adjusted to Book Value is 2.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WAM Capital stock overvalued right now?
Based on GuruFocus' analysis, WAM Capital (ASX:WAM) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.74, compared to a current price of A$1.55 — trading 109.5% above its estimated fair value. The current ROE % Adjusted to Book Value is 2.34%. WAM Capital's overall GF Score™ is 33/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For WAM Capital (ASX:WAM), the current ROE % Adjusted to Book Value is 2.34% 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 Capital (ASX:WAM) Overvalued in 2026?

Based on GuruFocus' analysis, WAM Capital stock appears to be overvalued. The current stock price of A$1.55 is trading 109.5% above its estimated GF Value™ of A$0.74. GuruFocus considers WAM Capital to be Significantly Overvalued.

Key valuation signals for ASX:WAM:

  • ROE % Adjusted to Book Value: 2.34%
  • GF Value™: A$0.74 vs. price of A$1.55 (109.5% above fair value)
  • GF Score™: 33/100 with 2 warning signs

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

WAM Capital Business Description

Address 1 Farrer Place, Level 26, Governor Phillip Tower, Sydney, NSW, AUS, 2000
WAM Capital Ltd is a closed-end investment fund, which engages in investing activities, including cash, term deposits, and equity investments. It provides exposure to relative value arbitrage and market mispricing opportunities and manages a diversified portfolio of undervalued growth companies. Its investment objective is to deliver a stream of fully franked dividends, provide capital growth and preserve capital.
33GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.55
Price
A$0.74
GF Value