WAM Research (ASX:WAX) Tax Provision: A$1.67 Mil (TTM As of Dec. 2025)

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ASX:WAX WAM Research Ltd ASX:WAX
30 GF Score
Price A$1.06
GF Value A$0.01
Valuation Significantly Overvalued
! 1 Warning Sign
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What is WAM Research Tax Provision?

WAM Research ASX:WAX +1.44% 30 Tax Provision is A$1.67 Mil as of Dec. 2025. GuruFocus rates ASX:WAX with a GF Score™ of 30/100 and a GF Value™ of A$0.01 (Significantly Overvalued). The stock has 1 warning sign investors should review.

WAM Research's tax provision for the six months ended in Dec. 2025 was A$1.90 Mil. Its tax provision for the trailing twelve months (TTM) ended in Dec. 2025 was A$1.67 Mil.

WAM Research Tax Provision Historical Data

* Premium members only.

The historical data trend for WAM Research's Tax Provision 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 Research Tax Provision Chart

WAM Research Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.21 10.37 -5.79 -12.43 -10.59

WAM Research Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Provision 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 -5.72 -6.71 -10.36 -0.23 1.90
ASX:WAX
30GF Score
WAM Research Ltd ASX:WAX
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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WAM Research Tax Provision Calculation

Tax to be paid.

Tax Provision 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$1.67 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 Tax Provision →
What does a Tax Provision of A$1.67 Mil mean?
WAM Research (ASX:WAX) has a Tax Provision of A$1.67 Mil as of Dec. 2025. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on WAM Research and its competitors.
Is WAM Research's Tax Provision too high?
WAM Research's current Tax Provision is A$1.67 Mil. Overall, WAM Research has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WAM Research's Tax Provision compare to BLK and BX?
WAM Research's Tax Provision of A$1.67 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 Tax Provision for an Asset Management company?
A good Tax Provision depends on the Asset Management industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on WAM Research and its competitors. WAM Research's current Tax Provision is A$1.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WAM Research stock overvalued right now?
Based on GuruFocus' analysis, WAM Research (ASX:WAX) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$1.06 — trading 10500% above its estimated fair value. The current Tax Provision is A$1.67 Mil. WAM Research's overall GF Score™ is 30/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For WAM Research (ASX:WAX), the current Tax Provision is A$1.67 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 Research (ASX:WAX) Overvalued in 2026?

Based on GuruFocus' analysis, WAM Research stock appears to be overvalued. The current stock price of A$1.06 is trading 10500% above its estimated GF Value™ of A$0.01. GuruFocus considers WAM Research to be Significantly Overvalued.

Key valuation signals for ASX:WAX:

  • Tax Provision: A$1.67 Mil
  • GF Value™: A$0.01 vs. price of A$1.06 (10500% above fair value)
  • GF Score™: 30/100 with 1 warning sign

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

WAM Research Business Description

Address 1 Farrer Place, Level 26, Governor Phillip Tower, Sydney, NSW, AUS, 2000
WAM Research Ltd is engaged in making investments in listed companies, including cash, term deposits, and equity investments. The company's investment objectives are to deliver a stream of fully franked dividends and to achieve a high real rate of return, comprising both income and capital growth, within the risk parameters acceptable.
30GF Score

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

A$1.06
Price
A$0.01
GF Value