Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

General Information

WAM Active Limited
Other Diversified Financial Services

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$1.00 $0.98 $1.00 $0.98 $0.99 42817 $0.01 ( 1.01% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Company Overview

Business Description
WAM Active Limited (WAA) is a listed investment company that provides investors exposure to an active trading style with the aim of achieving an absolute return with a low correlation to traditional markets. The Company’s investment objectives are to deliver a regular income stream via fully franked dividends; to provide a positive return with low volatility, after fess, over most periods of time; and to preserve capital.
Strategy Analysis

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014 A 3.2 9.7 34.9% 12.8 9.6 7.7% 100.0%
2013 A 1.5 7.2 195.1% 15.6 9.5 8.5% 100.0%
2012 A 0.4 2.4 -67.6% 42.6 9.0 8.7% 100.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Challenger (CGF) $3,994M 0.0459 -0.0485 0.0822 11.5657 12.1554 11.2322 3.71% 4.24% 4.66%
WAM Active (WAA) $34M 0.3486 0.0000 0.0000 10.1957 0.0000 0.0000 9.70% 0.00% 0.00%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.20 10.20 0.93 0.00
Market 0.97 13.30 1.04 0.48
Sector 1.11 14.60 1.10 1.37


Name Position Start Date
Ms Katherine Thorley Company Secretary, Non Executive Director 01/07/2014
Mr Geoffrey James Wilson Non-Executive Chairman 06/07/2007
Mr Mathew James Kidman Non-Executive Director 06/07/2007
Mr John Bruce Abernethy Non-Executive Director 06/11/2007
Mr Chris Stott Non-Executive Director 01/07/2014

Calendar of Events

Date Event
25 February 2016 Report (Interim)
29 September 2015 Report (Annual)
04 August 2015 Report (Prelim)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.