Wam Global Ltd
WAM Global Limited is a listed investment company launched and managed by Wilson Asset Management (International) Pty Limited. The firm invests in the public equity markets across the globe. It primarily invests in value stocks of companies. WAM Global Limited is based in Sydney, Australia.
Wam Global Ltd (WGB) - Net Assets
Latest net assets as of June 2025: AU$899.90 Million AUD
Based on the latest financial reports, Wam Global Ltd (WGB) has net assets worth AU$899.90 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$956.94 Million) and total liabilities (AU$57.05 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$899.90 Million |
| % of Total Assets | 94.04% |
| Annual Growth Rate | 10.92% |
| 5-Year Change | 46.28% |
| 10-Year Change | N/A |
| Growth Volatility | 10.35 |
Wam Global Ltd - Net Assets Trend (2019–2025)
This chart illustrates how Wam Global Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wam Global Ltd (2019–2025)
The table below shows the annual net assets of Wam Global Ltd from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$899.90 Million | +8.47% |
| 2024-06-30 | AU$829.66 Million | +1.38% |
| 2023-06-30 | AU$818.33 Million | +6.92% |
| 2022-06-30 | AU$765.35 Million | +24.41% |
| 2021-06-30 | AU$615.17 Million | +26.53% |
| 2020-06-30 | AU$486.18 Million | +0.65% |
| 2019-06-30 | AU$483.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wam Global Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1341.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$843.52 Million | 93.73% |
| Other Comprehensive Income | AU$273.69 Million | 30.41% |
| Total Equity | AU$899.90 Million | 100.00% |
Wam Global Ltd Competitors by Market Cap
The table below lists competitors of Wam Global Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Residential Secure Income plc
LSE:RESI
|
$13.34K |
|
SmileDirectClub Inc.
PINK:SDCCQ
|
$13.36K |
|
0041B0
KQ:0041B0
|
$13.37K |
|
LAND3F
SA:LAND3F
|
$13.38K |
|
Vietnam Engine and Agricultural Machinery Corporation Ltd Co
VN:VEA
|
$13.30K |
|
MHP Hotel AG
XETRA:CDZ0
|
$13.30K |
|
Bairaha Farms PLC
CM:BFLN0000
|
$13.28K |
|
AFRICAN MEDIA ENT
BE:48A
|
$13.28K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wam Global Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 829,657,620 to 899,896,997, a change of 70,239,377 (8.5%).
- Net income of 103,340,570 contributed positively to equity growth.
- Dividend payments of 40,131,187 reduced retained earnings.
- Other comprehensive income increased equity by 68,074,403.
- Other factors decreased equity by 61,044,409.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$103.34 Million | +11.48% |
| Dividends Paid | AU$40.13 Million | -4.46% |
| Other Comprehensive Income | AU$68.07 Million | +7.56% |
| Other Changes | AU$-61.04 Million | -6.78% |
| Total Change | AU$- | 8.47% |
Book Value vs Market Value Analysis
This analysis compares Wam Global Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.87x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | AU$2.28 | AU$2.20 | x |
| 2020-06-30 | AU$1.36 | AU$2.20 | x |
| 2021-06-30 | AU$1.75 | AU$2.20 | x |
| 2022-06-30 | AU$2.17 | AU$2.20 | x |
| 2023-06-30 | AU$2.31 | AU$2.20 | x |
| 2024-06-30 | AU$2.34 | AU$2.20 | x |
| 2025-06-30 | AU$2.53 | AU$2.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wam Global Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 64.15%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.06x
- Recent ROE (11.48%) is above the historical average (5.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 3.63% | 53.80% | 0.06x | 1.08x | AU$-30.79 Million |
| 2020 | 1.05% | 35.82% | 0.03x | 1.05x | AU$-42.83 Million |
| 2021 | 15.59% | 66.35% | 0.22x | 1.06x | AU$34.41 Million |
| 2022 | -15.25% | 0.00% | -0.20x | 1.00x | AU$-193.22 Million |
| 2023 | 10.41% | 65.27% | 0.16x | 1.02x | AU$3.30 Million |
| 2024 | 8.91% | 62.28% | 0.14x | 1.05x | AU$-9.03 Million |
| 2025 | 11.48% | 64.15% | 0.17x | 1.06x | AU$13.35 Million |
Industry Comparison
This section compares Wam Global Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $589,126,514
- Average return on equity (ROE) among peers: -25.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wam Global Ltd (WGB) | AU$899.90 Million | 3.63% | 0.06x | $13.31K |
| Acorn Capital Investment Fund Ltd (ACQ) | $52.17 Million | 4.80% | 0.04x | $5.49K |
| Australian Ethical Investment Ltd (AEF) | $20.82 Million | 45.43% | 0.62x | $241.24 Million |
| Australian Foundation Investment Company Ltd (AFI) | $3.98 Billion | 4.62% | 0.15x | $5.08 Billion |
| Alternative Investment Trust (AIQ) | $281.69 Million | 15.05% | 0.96x | $8.06K |
| Argo Global Listed Infrastructure Ltd (ALI) | $320.48 Million | -2.91% | 0.03x | $13.82K |
| Amcil Ltd (AMH) | $128.23 Million | 0.00% | 0.02x | $137.06 Million |
| Associate Global Partners Ltd (APL) | $6.41 Million | -310.27% | 0.73x | $1.95 Million |
| Ariadne Australia Ltd (ARA) | $59.71 Million | 8.64% | 0.74x | $17.16 Million |
| ARC Funds Ltd (ARC) | $2.90 Million | -21.10% | 0.01x | $1.21 Million |
| Australian United Investment Company Ltd (AUI) | $1.04 Billion | 5.35% | 0.27x | $395.51 Million |