WAM Capital Limited
WAM.AX
Australian Securities Exchange1.55
AUD
-0.01
- -
WAM Capital Limited
WAM.AX
(Australian Securities Exchange)
Recent
price
1.55
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- WAM Capital Limited (ASX:WAM) is an Australia-based listed investment company that provides investors with exposure to an actively managed, diversified portfolio of undervalued growth companies listed on the Australian Securities Exchange, with a focus on small-to-medium sized businesses; it also pursues relative value arbitrage and market mispricing opportunities. The company, listed in August 1999 and headquartered in Sydney, New South Wales, aims to deliver a stream of fully franked dividends, provide capital growth, and preserve capital through investments in ASX-listed and unlisted securities, bills of exchange, other negotiable investments, and cash management trusts, primarily targeting value and growth stocks in the industrial sector. Wilson Asset Management (International) Pty Limited serves as the investment manager, leveraging a research-driven process emphasizing free cash flow, return on equity, management quality, and short-term catalysts for share price rerating. The company's portfolio, valued at approximately $1.8 billion as of June 2025 with a pre-tax net tangible asset backing of $1.57 per share, has delivered an annualized investment performance of 15.6% since inception before expenses, fees, and taxes, outperforming benchmarks such as the S&P/ASX All Ordinaries Accumulation Index. It maintains high cash holdings for flexibility and risk-adjusted returns, supported by an experienced team of 20 professionals with over 250 years of combined expertise in Australian and international equity markets. Operations are centered in Australia, serving retail and institutional investors seeking diversified exposure to growth-oriented small- and mid-cap equities without redemption pressures typical of open-end funds. In recent developments, WAM Capital announced a final dividend of 7.75 cents per share, partially franked at 60%, payable on October 31, 2025, amid strong portfolio performance driven by holdings such as SRG Global, which completed the acquisition of Total AMS, and Eagers Automotive, which expanded into North America. The company continues to issue monthly investment updates, including for April through June 2025, reflecting ongoing portfolio monitoring and strategic adjustments in a dynamic market environment. No major acquisitions, funding rounds, or reorganizations by WAM Capital itself were reported in the last 1-2 years, with focus remaining on organic portfolio growth and capital management initiatives.