View ValuationWajax 향후 성장Future 기준 점검 0/6Wajax의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Trade Distributors 이익 성장14.8%매출 성장률2.2%향후 자기자본이익률11.50%애널리스트 커버리지Low마지막 업데이트21 May 2026최근 향후 성장 업데이트Price Target Changed • Mar 03Price target increased by 14% to CA$31.00Up from CA$27.25, the current price target is an average from 4 analysts. New target price is 8.2% below last closing price of CA$33.77. Stock is up 95% over the past year. The company posted earnings per share of CA$1.97 last year.Price Target Changed • Jul 22Price target increased by 8.4% to CA$24.25Up from CA$22.38, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CA$23.22. Stock is down 13% over the past year. The company posted earnings per share of CA$1.97 last year.Price Target Changed • Mar 05Price target decreased by 8.3% to CA$22.00Down from CA$24.00, the current price target is an average from 4 analysts. New target price is 25% above last closing price of CA$17.60. Stock is down 46% over the past year. The company posted earnings per share of CA$1.97 last year.Price Target Changed • Aug 13Price target decreased by 12% to CA$29.00Down from CA$33.00, the current price target is an average from 2 analysts. New target price is 21% above last closing price of CA$23.98. Stock is down 14% over the past year. The company posted earnings per share of CA$3.77 last year.Price Target Changed • May 06Price target decreased by 8.2% to CA$33.67Down from CA$36.67, the current price target is an average from 3 analysts. New target price is 22% above last closing price of CA$27.61. Stock is up 20% over the past year. The company posted earnings per share of CA$3.77 last year.Price Target Changed • Apr 19Price target increased by 8.9% to CA$36.67Up from CA$33.67, the current price target is an average from 3 analysts. New target price is 9.6% above last closing price of CA$33.47. Stock is up 40% over the past year. The company posted earnings per share of CA$3.77 last year.모든 업데이트 보기Recent updatesUpcoming Dividend • Jun 08Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 15 June 2026. Payment date: 03 July 2026. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Canadian dividend payers (5.4%). Higher than average of industry peers (1.9%).분석 기사 • May 16Wajax (TSE:WJX) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereDespite posting healthy earnings, Wajax Corporation's ( TSE:WJX ) stock has been quite weak. Along with the solid...Recent Insider Transactions • May 14Independent Director recently bought CA$298k worth of stockOn the 6th of May, Terrance McKibbon bought around 10k shares on-market at roughly CA$29.78 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$206k more in shares than they have sold in the last 12 months.Declared Dividend • May 11First quarter dividend of CA$0.35 announcedDividend of CA$0.35 is the same as last year. Ex-date: 15th June 2026 Payment date: 3rd July 2026 Dividend yield will be 4.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 7.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • May 06+ 1 more updateWajax Corporation Declares Dividend for Second Quarter of 2026, Payable on July 3, 2026Wajax Corporation has declared a dividend of $0.35 per share for the second quarter of 2026, payable on July 3, 2026, to shareholders of record on June 15, 2026.Declared Dividend • Mar 05Fourth quarter dividend of CA$0.35 announcedDividend of CA$0.35 is the same as last year. Ex-date: 16th March 2026 Payment date: 2nd April 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Price Target Changed • Mar 03Price target increased by 14% to CA$31.00Up from CA$27.25, the current price target is an average from 4 analysts. New target price is 8.2% below last closing price of CA$33.77. Stock is up 95% over the past year. The company posted earnings per share of CA$1.97 last year.공시 • Mar 03Wajax Corporation declares First Quarter 2026 Dividend, Payable on April 2, 2026Wajax Corporation has declared a dividend of CAD 0.35 per share for the first quarter of 2026, payable on April 2, 2026, to shareholders of record on March 16, 2026.공시 • Feb 24Wajax Corporation, Annual General Meeting, May 05, 2026Wajax Corporation, Annual General Meeting, May 05, 2026. Location: ontario, toronto Canada공시 • Feb 12+ 1 more updateWajax Corporation Appoints George J. McClean as President and Board Director, Effective March 3, 2026Wajax Corporation announced the appointment of George J. McClean as President and as a member of the Corporation's Board of Directors, effective March 3, 2026. Mr. McClean joins Wajax with 30 years of Canadian and international executive experience, including senior leadership and director roles at The Master Group, serving as President and member of the global executive group of Sonepar Canada Inc., President of National Tire Distributors Inc., and senior leadership positions at General Motors and W.W. Grainger Inc. Beyond these executive roles, Mr. McClean has served as a board member and advisor to organizations including Walker Industries, Trillium Health Partners Foundation, CAA Club Group and Workplace Safety and Prevention Services. His expertise includes manufacturing, distribution, retail, services and engineered solutions, and he has deep experience in digitization, advanced analytics and cultural transformation. Mr. McClean holds a Master of Business Administration from the Schulich School of Business, a Juris Doctor from Osgoode Hall Law School and is a Chartered Professional Accountant (CPA) and Institute of Corporate Directors designate (ICD.D). He has been recognized with multiple awards for leadership and safety, including as President of National Tire Distributors Inc., when it was named Canada's Safest Logistics and Supply Chain Employer, and receiving a CEO of the Year Excellence Award. He is actively involved in community initiatives and governance, serving on several boards and campaign cabinets.Upcoming Dividend • Dec 08Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 15 December 2025. Payment date: 06 January 2026. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (2.4%).Recent Insider Transactions • Nov 23Independent Director recently sold CA$165k worth of stockOn the 20th of November, Thomas Alford sold around 6k shares on-market at roughly CA$27.09 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$168k more than they sold in the last 12 months.분석 기사 • Nov 07Wajax (TSE:WJX) Is Paying Out A Dividend Of CA$0.35The board of Wajax Corporation ( TSE:WJX ) has announced that it will pay a dividend of CA$0.35 per share on the 6th of...Declared Dividend • Nov 06Third quarter dividend of CA$0.35 announcedDividend of CA$0.35 is the same as last year. Ex-date: 15th December 2025 Payment date: 6th January 2026 Dividend yield will be 5.2%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Nov 05Wajax Corporation announces Quarterly dividend, payable on January 06, 2026Wajax Corporation announced Quarterly dividend of CAD 0.3500 per share payable on January 06, 2026, ex-date on December 15, 2025 and record date on December 15, 2025.Reported Earnings • Nov 04Third quarter 2025 earnings released: EPS: CA$0.77 (vs CA$0.29 in 3Q 2024)Third quarter 2025 results: EPS: CA$0.77 (up from CA$0.29 in 3Q 2024). Revenue: CA$483.1m (flat on 3Q 2024). Net income: CA$16.7m (up 161% from 3Q 2024). Profit margin: 3.5% (up from 1.3% in 3Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 4.5% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 08Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 15 September 2025. Payment date: 02 October 2025. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 5.8%. Within top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (2.8%).분석 기사 • Aug 15Wajax's (TSE:WJX) Soft Earnings Are Actually Better Than They AppearInvestors were disappointed with the weak earnings posted by Wajax Corporation ( TSE:WJX ). However, our analysis...분석 기사 • Aug 14Wajax (TSE:WJX) Has Affirmed Its Dividend Of CA$0.35Wajax Corporation's ( TSE:WJX ) investors are due to receive a payment of CA$0.35 per share on 2nd of October. Based on...Declared Dividend • Aug 13Second quarter dividend of CA$0.35 announcedDividend of CA$0.35 is the same as last year. Ex-date: 15th September 2025 Payment date: 2nd October 2025 Dividend yield will be 6.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: CA$0.71 (vs CA$0.95 in 2Q 2024)Second quarter 2025 results: EPS: CA$0.71 (down from CA$0.95 in 2Q 2024). Revenue: CA$547.1m (down 3.7% from 2Q 2024). Net income: CA$15.5m (down 25% from 2Q 2024). Profit margin: 2.8% (down from 3.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • Aug 08Wajax Corporation Declares Quarterly Dividend, Payable on October 2, 2025Wajax Corporation has declared a dividend of $0.35 per share for the third quarter of 2025, payable on October 2, 2025, to shareholders of record on September 15, 2025.Price Target Changed • Jul 22Price target increased by 8.4% to CA$24.25Up from CA$22.38, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CA$23.22. Stock is down 13% over the past year. The company posted earnings per share of CA$1.97 last year.Upcoming Dividend • Jun 09Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 16 June 2025. Payment date: 03 July 2025. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (2.4%).Recent Insider Transactions • Jun 05Chief Financial Officer recently bought CA$57k worth of stockOn the 3rd of June, Tania Casadinho bought around 3k shares on-market at roughly CA$22.05 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth CA$306k. This was Tania's only on-market trade for the last 12 months.공시 • Jun 05Wajax Corporation Announces Appointment of Michael Hachey as Chief Operating Officer , Effective June 2, 2025Wajax Corporation announced the appointment of Michael Hachey as Chief Operating Officer of the Corporation effective June 2, 2025. Reporting to Iggy Domagalski, President and Chief Executive Officer, Mr. Hachey will oversee the Corporation's operations, with a focus on operational excellence and building organizational capabilities. Mr. Hachey is an experienced senior executive with a strong background in operations and leadership across various sectors, including industrial and food services, automotive and retail. Most recently, he was Chief Operating Officer, Food Service and Hospitality, for Compass Group Canada ("CGC") and previously served as its Chief Innovation Officer and as President, Eurest Support Services (ESS) North America, a division of CGC. Between 2006 and 2014, Mr. Hachey held progressively senior operating roles at Mr. Lube, including Vice President of Retail Operations, Vice President of Operations, and Executive Vice President. He began his career in the audit practice at Ernst & Young before transitioning to finance roles at Bell Canada and Labatt Breweries of Canada. Mr. Hachey holds a Bachelor of Commerce from the University of Victoria and a Master of Business Administration from Queen's University. He is also a Chartered Accountant.Recent Insider Transactions • May 14Insider recently sold CA$63k worth of stockOn the 7th of May, Stuart Auld sold around 3k shares on-market at roughly CA$20.97 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$457k more than they sold in the last 12 months.Recent Insider Transactions • May 09Insider recently sold CA$63k worth of stockOn the 7th of May, Stuart Auld sold around 3k shares on-market at roughly CA$20.97 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$734k more than they sold in the last 12 months.분석 기사 • May 09Wajax (TSE:WJX) Has Announced A Dividend Of CA$0.35The board of Wajax Corporation ( TSE:WJX ) has announced that it will pay a dividend on the 3rd of July, with investors...공시 • May 09Wajax Corporation Appoints Susan Uthayakumar as DirectorWajax Corporation, at its AGM held on May 6, 2025 appointed Susan Uthayakumar as director.Declared Dividend • May 08First quarter dividend of CA$0.35 announcedDividend of CA$0.35 is the same as last year. Ex-date: 16th June 2025 Payment date: 3rd July 2025 Dividend yield will be 6.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.분석 기사 • May 08Improved Earnings Required Before Wajax Corporation (TSE:WJX) Stock's 32% Jump Looks JustifiedWajax Corporation ( TSE:WJX ) shareholders would be excited to see that the share price has had a great month, posting...Reported Earnings • May 07First quarter 2025 earnings released: EPS: CA$0.60 (vs CA$0.68 in 1Q 2024)First quarter 2025 results: EPS: CA$0.60 (down from CA$0.68 in 1Q 2024). Revenue: CA$555.0m (up 15% from 1Q 2024). Net income: CA$13.1m (down 11% from 1Q 2024). Profit margin: 2.4% (down from 3.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.공시 • May 07Wajax Corporation Declares Dividend for the Second Quarter of 2025, Payable on July 3, 2025Wajax Corporation declared a dividend of $0.35 per share for the second quarter of 2025, payable on July 3, 2025, to shareholders of record on June 16, 2025.Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CA$20.70, the stock trades at a trailing P/E ratio of 10.5x. Average forward P/E is 10x in the Trade Distributors industry in Canada. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$22.54 per share.분석 기사 • Apr 09Calculating The Fair Value Of Wajax Corporation (TSE:WJX)Key Insights The projected fair value for Wajax is CA$17.76 based on 2 Stage Free Cash Flow to Equity Wajax's CA$15.76...Recent Insider Transactions • Mar 30President recently bought CA$306k worth of stockOn the 27th of March, Ignacy Domagalski bought around 18k shares on-market at roughly CA$17.50 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ignacy's only on-market trade for the last 12 months.Recent Insider Transactions • Mar 13Independent Director recently bought CA$90k worth of stockOn the 11th of March, David Smith bought around 5k shares on-market at roughly CA$17.99 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$669k more in shares than they have sold in the last 12 months.분석 기사 • Mar 07Wajax (TSE:WJX) Is Paying Out A Dividend Of CA$0.35The board of Wajax Corporation ( TSE:WJX ) has announced that it will pay a dividend on the 2nd of April, with...Declared Dividend • Mar 06Fourth quarter dividend of CA$0.35 announcedDividend of CA$0.35 is the same as last year. Ex-date: 14th March 2025 Payment date: 2nd April 2025 Dividend yield will be 7.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Price Target Changed • Mar 05Price target decreased by 8.3% to CA$22.00Down from CA$24.00, the current price target is an average from 4 analysts. New target price is 25% above last closing price of CA$17.60. Stock is down 46% over the past year. The company posted earnings per share of CA$1.97 last year.공시 • Mar 05Wajax Corporation announces Quarterly dividend, payable on April 02, 2025Wajax Corporation announced Quarterly dividend of CAD 0.3500 per share payable on April 02, 2025, ex-date on March 14, 2025 and record date on March 14, 2025.분석 기사 • Mar 05Should You Investigate Wajax Corporation (TSE:WJX) At CA$17.30?Wajax Corporation ( TSE:WJX ), might not be a large cap stock, but it received a lot of attention from a substantial...공시 • Mar 05Wajax Corporation Declares Dividend for the First Quarter of 2025, Payable on April 2, 2025Wajax Corporation has declared a dividend of $0.35 per share for the first quarter of 2025, payable on April 2, 2025, to shareholders of record on March 14, 2025.Reported Earnings • Mar 04Full year 2024 earnings released: EPS: CA$1.97 (vs CA$3.77 in FY 2023)Full year 2024 results: EPS: CA$1.97 (down from CA$3.77 in FY 2023). Revenue: CA$2.10b (down 2.6% from FY 2023). Net income: CA$42.8m (down 47% from FY 2023). Profit margin: 2.0% (down from 3.8% in FY 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year.공시 • Mar 04+ 1 more updateWajax Corporation, Annual General Meeting, May 06, 2025Wajax Corporation, Annual General Meeting, May 06, 2025. Location: ontario, toronto CanadaUpcoming Dividend • Dec 09Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 16 December 2024. Payment date: 07 January 2025. Payout ratio is a comfortable 57% and the cash payout ratio is 92%. Trailing yield: 5.9%. Lower than top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (2.5%).분석 기사 • Nov 28At CA$23.18, Is It Time To Put Wajax Corporation (TSE:WJX) On Your Watch List?Wajax Corporation ( TSE:WJX ), might not be a large cap stock, but it saw a double-digit share price rise of over 10...Declared Dividend • Nov 07Third quarter dividend of CA$0.35 announcedShareholders will receive a dividend of CA$0.35. Ex-date: 16th December 2024 Payment date: 7th January 2025 Dividend yield will be 6.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (14% earnings payout ratio) but not adequately covered by cash flows (92% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Nov 05New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.5% Last year net profit margin: 4.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risks Dividend is not well covered by cash flows (92% cash payout ratio). Profit margins are more than 30% lower than last year (2.5% net profit margin).Reported Earnings • Nov 05Third quarter 2024 earnings released: EPS: CA$0.29 (vs CA$1.09 in 3Q 2023)Third quarter 2024 results: EPS: CA$0.29 (down from CA$1.09 in 3Q 2023). Revenue: CA$481.0m (down 5.6% from 3Q 2023). Net income: CA$6.40m (down 73% from 3Q 2023). Profit margin: 1.3% (down from 4.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.공시 • Nov 05+ 1 more updateWajax Corporation Announces CFO Changes, Effective March 4, 2025Wajax Corporation announced the planned retirement of Stuart Auld, Chief Financial Officer, to be effective March 4, 2025. Mr. Auld first joined Wajax in 2014 as Senior Vice President, Information Systems, before being appointed Senior Vice President, Human Resources and Information Systems in 2017. He was appointed Chief Financial Officer in 2019. Prior to joining Wajax, Mr. Auld served for over 25 years in senior executive roles at Canadian Tire, Zellers and Hudson's Bay. Following a comprehensive succession planning process, Tania Casadinho, Vice President, Corporate Controller, has been appointed to succeed Mr. Auld as Chief Financial Officer effective March 4, 2025. Ms. Casadinho has more than 16 years' experience in finance and accounting, gained in the health services, nutrition and industrial sectors, and first joined Wajax in 2018. She is a Chartered Professional Accountant and Chartered Accountant, and holds a Bachelor of Administrative Studies, with Specialized Honours in Accounting, from York University. Ms. Casadinho and Mr. Auld will work closely over the coming months to facilitate a seamless transition.Upcoming Dividend • Sep 09Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 16 September 2024. Payment date: 02 October 2024. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 5.8%. Lower than top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (2.5%).Declared Dividend • Aug 14Second quarter dividend of CA$0.35 announcedShareholders will receive a dividend of CA$0.35. Ex-date: 16th September 2024 Payment date: 2nd October 2024 Dividend yield will be 5.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Price Target Changed • Aug 13Price target decreased by 12% to CA$29.00Down from CA$33.00, the current price target is an average from 2 analysts. New target price is 21% above last closing price of CA$23.98. Stock is down 14% over the past year. The company posted earnings per share of CA$3.77 last year.Reported Earnings • Aug 11Second quarter 2024 earnings released: EPS: CA$0.95 (vs CA$1.35 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.95 (down from CA$1.35 in 2Q 2023). Revenue: CA$568.3m (down 3.1% from 2Q 2023). Net income: CA$20.6m (down 29% from 2Q 2023). Profit margin: 3.6% (down from 4.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Aug 09Wajax Corporation Declares Dividend for the Third Quarter of 2024, Payable on October 2, 2024Wajax Corporation has declared a dividend of $0.35 per share for the third quarter of 2024, payable on October 2, 2024, to shareholders of record on September 16, 2024.Recent Insider Transactions • Jun 16Independent Director recently bought CA$52k worth of stockOn the 11th of June, Elizabeth Summers bought around 2k shares on-market at roughly CA$26.00 per share. This transaction increased Elizabeth's direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth CA$200k. Insiders have collectively bought CA$1.0m more in shares than they have sold in the last 12 months.Upcoming Dividend • Jun 07Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 03 July 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 5.3%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (2.4%).Recent Insider Transactions • May 21Independent Chairman of the Board recently bought CA$100k worth of stockOn the 14th of May, Edward Barrett bought around 4k shares on-market at roughly CA$27.08 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$200k. Edward has been a buyer over the last 12 months, purchasing a net total of CA$594k worth in shares.Recent Insider Transactions • May 16Independent Chairman of the Board recently bought CA$200k worth of stockOn the 10th of May, Edward Barrett bought around 7k shares on-market at roughly CA$26.98 per share. This transaction amounted to 68% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Edward has been a buyer over the last 12 months, purchasing a net total of CA$494k worth in shares.Valuation Update With 7 Day Price Move • May 08Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CA$26.71, the stock trades at a trailing P/E ratio of 7.4x. Average forward P/E is 10x in the Trade Distributors industry in Canada. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$41.50 per share.공시 • May 08Wajax Corporation Announces Board ChangesWajax Corporation at its Annual Meeting of Shareholders held on May 2, 2024, elected Susan Uthayakumar as director. Sylvia D. Chrominska, a director of the Corporation since 2015 and Douglas A. Carty, a director of the Corporation since 2011, retired from the board at the conclusion of the meeting.Price Target Changed • May 06Price target decreased by 8.2% to CA$33.67Down from CA$36.67, the current price target is an average from 3 analysts. New target price is 22% above last closing price of CA$27.61. Stock is up 20% over the past year. The company posted earnings per share of CA$3.77 last year.Declared Dividend • May 06First quarter dividend of CA$0.35 announcedShareholders will receive a dividend of CA$0.35. Ex-date: 14th June 2024 Payment date: 3rd July 2024 Dividend yield will be 4.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Recent Insider Transactions • May 05Independent Director recently bought CA$142k worth of stockOn the 3rd of May, David Smith bought around 5k shares on-market at roughly CA$28.35 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$652k more in shares than they have sold in the last 12 months.분석 기사 • May 03Wajax Corporation's (TSE:WJX) Subdued P/E Might Signal An OpportunityWith a price-to-earnings (or "P/E") ratio of 7.8x Wajax Corporation ( TSE:WJX ) may be sending bullish signals at the...Reported Earnings • May 02First quarter 2024 earnings released: EPS: CA$0.68 (vs CA$0.81 in 1Q 2023)First quarter 2024 results: EPS: CA$0.68 (down from CA$0.81 in 1Q 2023). Revenue: CA$482.3m (down 6.5% from 1Q 2023). Net income: CA$14.7m (down 16% from 1Q 2023). Profit margin: 3.1% (down from 3.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • May 02Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to CA$28.03. The fair value is estimated to be CA$36.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 20%.공시 • May 02Wajax Corporation Declares Dividend for the Second Quarter of 2024, Payable on July 3, 2024Wajax Corporation has declared a dividend of $0.35 per share for the second quarter of 2024, payable on July 3, 2024, to shareholders of record on June 14, 2024.Price Target Changed • Apr 19Price target increased by 8.9% to CA$36.67Up from CA$33.67, the current price target is an average from 3 analysts. New target price is 9.6% above last closing price of CA$33.47. Stock is up 40% over the past year. The company posted earnings per share of CA$3.77 last year.분석 기사 • Mar 13Investors Shouldn't Be Too Comfortable With Wajax's (TSE:WJX) EarningsDespite announcing strong earnings, Wajax Corporation's ( TSE:WJX ) stock was sluggish. We think that the market might...Declared Dividend • Mar 08Fourth quarter dividend increased to CA$0.35Dividend of CA$0.35 is 6.1% higher than last year. Ex-date: 14th March 2024 Payment date: 2nd April 2024 Dividend yield will be 4.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 06Full year 2023 earnings released: EPS: CA$3.77 (vs CA$3.38 in FY 2022)Full year 2023 results: EPS: CA$3.77 (up from CA$3.38 in FY 2022). Revenue: CA$2.15b (up 9.8% from FY 2022). Net income: CA$81.0m (up 12% from FY 2022). Profit margin: 3.8% (up from 3.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.공시 • Mar 05Wajax Corporation Declares Dividend for the First Quarter of 2024, Payable on April 2, 2024Wajax Corporation announced that its Board of Directors has approved a 6% increase in the Corporation's quarterly dividend. The Corporation has declared a dividend of $0.35 per share for the first quarter of 2024, payable on April 2, 2024, to shareholders of record on March 15, 2024.Buy Or Sell Opportunity • Jan 23Now 22% undervaluedOver the last 90 days, the stock has risen 8.5% to CA$31.26. The fair value is estimated to be CA$40.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 28%.Upcoming Dividend • Dec 07Upcoming dividend of CA$0.33 per share at 4.7% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 03 January 2024. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of Canadian dividend payers (6.6%). Higher than average of industry peers (2.5%).공시 • Nov 24Wajax Corporation, Annual General Meeting, May 02, 2024Wajax Corporation, Annual General Meeting, May 02, 2024, at 11:00 US Eastern Standard Time.Recent Insider Transactions • Nov 12Independent Director recently bought CA$139k worth of stockOn the 9th of November, David Smith bought around 5k shares on-market at roughly CA$27.71 per share. This transaction increased David's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$227k more in shares than they have sold in the last 12 months.공시 • Nov 09Wajax Corporation Declares Dividend for the Fourth Quarter of 2023, Payable on January 3, 2024Wajax Corporation has declared a dividend of CAD 0.33 per share for the fourth quarter of 2023, payable on January 3, 2024, to shareholders of record on December 15, 2023.Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: CA$1.09 (vs CA$0.84 in 3Q 2022)Third quarter 2023 results: EPS: CA$1.09 (up from CA$0.84 in 3Q 2022). Revenue: CA$509.7m (up 8.3% from 3Q 2022). Net income: CA$23.4m (up 30% from 3Q 2022). Profit margin: 4.6% (up from 3.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 07Upcoming dividend of CA$0.33 per share at 4.5% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (2.3%).공시 • Sep 02Wajax Corporation (TSX:WJX) acquired Beta Fluid Power Ltd. And Beta Industrial Ltd.Wajax Corporation (TSX:WJX) acquired Beta Fluid Power Ltd. And Beta Industrial Ltd. on September 1, 2023. The transaction will be subject to normal post-closing adjustments. Wajax Corporation (TSX:WJX) completed the acquisition of Beta Fluid Power Ltd. And Beta Industrial Ltd. on September 1, 2023.Price Target Changed • Aug 14Price target increased by 12% to CA$33.67Up from CA$30.00, the current price target is an average from 3 analysts. New target price is 19% above last closing price of CA$28.29. Stock is up 26% over the past year. The company posted earnings per share of CA$3.38 last year.New Risk • Aug 14New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: CA$1.35 (vs CA$1.01 in 2Q 2022)Second quarter 2023 results: EPS: CA$1.35 (up from CA$1.01 in 2Q 2022). Revenue: CA$586.2m (up 15% from 2Q 2022). Net income: CA$29.0m (up 34% from 2Q 2022). Profit margin: 4.9% (up from 4.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 11Wajax Corporation Declares a Dividend for the Third Quarter of 2023, Payable on October 3, 2023Wajax Corporation has declared a dividend of $0.33 per share for the third quarter of 2023, payable on October 3, 2023, to shareholders of record on September 15, 2023.Upcoming Dividend • Jun 07Upcoming dividend of CA$0.33 per share at 5.6% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 05 July 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 5.6%. Lower than top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (2.5%).공시 • May 06Wajax Corporation Announces Board AppointmentsWajax Corporation announced that David G. Smith and Elizabeth A. Summers have each been appointed to the Audit and Human Resources and Compensation Committees of the board, and that A. Jane Craighead has been appointed chair of the Human Resources and Compensation Committee of the board.Price Target Changed • Mar 09Price target increased by 11% to CA$28.25Up from CA$25.50, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CA$25.45. Stock is up 27% over the past year. The company posted earnings per share of CA$3.38 last year.Reported Earnings • Mar 09Full year 2022 earnings released: EPS: CA$3.38 (vs CA$2.50 in FY 2021)Full year 2022 results: EPS: CA$3.38 (up from CA$2.50 in FY 2021). Revenue: CA$1.96b (up 20% from FY 2021). Net income: CA$72.4m (up 36% from FY 2021). Profit margin: 3.7% (up from 3.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Dec 07Upcoming dividend of CA$0.25 per shareEligible shareholders must have bought the stock before 14 December 2022. Payment date: 04 January 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Canadian dividend payers (5.7%). Higher than average of industry peers (2.6%).분석 기사 • Nov 12Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25Wajax Corporation ( TSE:WJX ) has announced that it will pay a dividend of CA$0.25 per share on the 4th of January...이익 및 매출 성장 예측TSX:WJX - 애널리스트 향후 추정치 및 과거 재무 데이터 (CAD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20282,214N/A44N/A212/31/20272,159N/A51111412/31/20262,089N/A8914543/31/20262,09262207215N/A12/31/20252,14557185194N/A9/30/20252,15146185193N/A6/30/20252,14936129140N/A3/31/20252,1704198108N/A12/31/20242,098436675N/A9/30/20242,074533342N/A6/30/20242,10370515N/A3/31/20242,12178-36-27N/A12/31/20232,15581-99-89N/A9/30/20232,15387-129-118N/A6/30/20232,11481-70-60N/A3/31/20232,03974-30-20N/A12/31/20221,963725969N/A9/30/20221,824647886N/A6/30/20221,75560121130N/A3/31/20221,69057125132N/A12/31/20211,63753183190N/A9/30/20211,61656192202N/A6/30/20211,55548187197N/A3/31/20211,46640193203N/A12/31/20201,42332108119N/A9/30/20201,446337887N/A6/30/20201,470343343N/A3/31/20201,52336920N/A12/31/20191,55340N/A-10N/A9/30/20191,53933N/A0N/A6/30/20191,54135N/A0N/A3/31/20191,51434N/A-31N/A12/31/20181,48236N/A-3N/A9/30/20181,46734N/A-22N/A6/30/20181,39834N/A-17N/A3/31/20181,34230N/A-2N/A12/31/20171,31927N/A7N/A9/30/20171,25732N/A27N/A6/30/20171,24631N/A50N/A3/31/20171,25627N/A61N/A12/31/20161,22211N/A58N/A9/30/20161,233-31N/A56N/A6/30/20161,237-31N/A44N/A3/31/20161,241-26N/A44N/A12/31/20151,273-11N/A8N/A9/30/20151,33533N/A19N/A6/30/20151,40437N/A18N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: WJX 의 예상 수익 증가율이 절약률(3%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: WJX 의 수익이 Canadian 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: WJX 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: WJX 의 수익(연간 2.2%)이 Canadian 시장(연간 4.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: WJX 의 수익(연간 2.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: WJX의 자본 수익률은 3년 후 11.5%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/18 13:27종가2026/06/18 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Wajax Corporation는 9명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Devin DodgeBMO Capital Markets Equity ResearchPeter PrattasCantor Fitzgerald Canada CorporationPierre-Yves TerrisseDesjardins Securities Inc.6명의 분석가 더 보기
Price Target Changed • Mar 03Price target increased by 14% to CA$31.00Up from CA$27.25, the current price target is an average from 4 analysts. New target price is 8.2% below last closing price of CA$33.77. Stock is up 95% over the past year. The company posted earnings per share of CA$1.97 last year.
Price Target Changed • Jul 22Price target increased by 8.4% to CA$24.25Up from CA$22.38, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CA$23.22. Stock is down 13% over the past year. The company posted earnings per share of CA$1.97 last year.
Price Target Changed • Mar 05Price target decreased by 8.3% to CA$22.00Down from CA$24.00, the current price target is an average from 4 analysts. New target price is 25% above last closing price of CA$17.60. Stock is down 46% over the past year. The company posted earnings per share of CA$1.97 last year.
Price Target Changed • Aug 13Price target decreased by 12% to CA$29.00Down from CA$33.00, the current price target is an average from 2 analysts. New target price is 21% above last closing price of CA$23.98. Stock is down 14% over the past year. The company posted earnings per share of CA$3.77 last year.
Price Target Changed • May 06Price target decreased by 8.2% to CA$33.67Down from CA$36.67, the current price target is an average from 3 analysts. New target price is 22% above last closing price of CA$27.61. Stock is up 20% over the past year. The company posted earnings per share of CA$3.77 last year.
Price Target Changed • Apr 19Price target increased by 8.9% to CA$36.67Up from CA$33.67, the current price target is an average from 3 analysts. New target price is 9.6% above last closing price of CA$33.47. Stock is up 40% over the past year. The company posted earnings per share of CA$3.77 last year.
Upcoming Dividend • Jun 08Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 15 June 2026. Payment date: 03 July 2026. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Canadian dividend payers (5.4%). Higher than average of industry peers (1.9%).
분석 기사 • May 16Wajax (TSE:WJX) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereDespite posting healthy earnings, Wajax Corporation's ( TSE:WJX ) stock has been quite weak. Along with the solid...
Recent Insider Transactions • May 14Independent Director recently bought CA$298k worth of stockOn the 6th of May, Terrance McKibbon bought around 10k shares on-market at roughly CA$29.78 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$206k more in shares than they have sold in the last 12 months.
Declared Dividend • May 11First quarter dividend of CA$0.35 announcedDividend of CA$0.35 is the same as last year. Ex-date: 15th June 2026 Payment date: 3rd July 2026 Dividend yield will be 4.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 7.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • May 06+ 1 more updateWajax Corporation Declares Dividend for Second Quarter of 2026, Payable on July 3, 2026Wajax Corporation has declared a dividend of $0.35 per share for the second quarter of 2026, payable on July 3, 2026, to shareholders of record on June 15, 2026.
Declared Dividend • Mar 05Fourth quarter dividend of CA$0.35 announcedDividend of CA$0.35 is the same as last year. Ex-date: 16th March 2026 Payment date: 2nd April 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Price Target Changed • Mar 03Price target increased by 14% to CA$31.00Up from CA$27.25, the current price target is an average from 4 analysts. New target price is 8.2% below last closing price of CA$33.77. Stock is up 95% over the past year. The company posted earnings per share of CA$1.97 last year.
공시 • Mar 03Wajax Corporation declares First Quarter 2026 Dividend, Payable on April 2, 2026Wajax Corporation has declared a dividend of CAD 0.35 per share for the first quarter of 2026, payable on April 2, 2026, to shareholders of record on March 16, 2026.
공시 • Feb 24Wajax Corporation, Annual General Meeting, May 05, 2026Wajax Corporation, Annual General Meeting, May 05, 2026. Location: ontario, toronto Canada
공시 • Feb 12+ 1 more updateWajax Corporation Appoints George J. McClean as President and Board Director, Effective March 3, 2026Wajax Corporation announced the appointment of George J. McClean as President and as a member of the Corporation's Board of Directors, effective March 3, 2026. Mr. McClean joins Wajax with 30 years of Canadian and international executive experience, including senior leadership and director roles at The Master Group, serving as President and member of the global executive group of Sonepar Canada Inc., President of National Tire Distributors Inc., and senior leadership positions at General Motors and W.W. Grainger Inc. Beyond these executive roles, Mr. McClean has served as a board member and advisor to organizations including Walker Industries, Trillium Health Partners Foundation, CAA Club Group and Workplace Safety and Prevention Services. His expertise includes manufacturing, distribution, retail, services and engineered solutions, and he has deep experience in digitization, advanced analytics and cultural transformation. Mr. McClean holds a Master of Business Administration from the Schulich School of Business, a Juris Doctor from Osgoode Hall Law School and is a Chartered Professional Accountant (CPA) and Institute of Corporate Directors designate (ICD.D). He has been recognized with multiple awards for leadership and safety, including as President of National Tire Distributors Inc., when it was named Canada's Safest Logistics and Supply Chain Employer, and receiving a CEO of the Year Excellence Award. He is actively involved in community initiatives and governance, serving on several boards and campaign cabinets.
Upcoming Dividend • Dec 08Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 15 December 2025. Payment date: 06 January 2026. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (2.4%).
Recent Insider Transactions • Nov 23Independent Director recently sold CA$165k worth of stockOn the 20th of November, Thomas Alford sold around 6k shares on-market at roughly CA$27.09 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$168k more than they sold in the last 12 months.
분석 기사 • Nov 07Wajax (TSE:WJX) Is Paying Out A Dividend Of CA$0.35The board of Wajax Corporation ( TSE:WJX ) has announced that it will pay a dividend of CA$0.35 per share on the 6th of...
Declared Dividend • Nov 06Third quarter dividend of CA$0.35 announcedDividend of CA$0.35 is the same as last year. Ex-date: 15th December 2025 Payment date: 6th January 2026 Dividend yield will be 5.2%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Nov 05Wajax Corporation announces Quarterly dividend, payable on January 06, 2026Wajax Corporation announced Quarterly dividend of CAD 0.3500 per share payable on January 06, 2026, ex-date on December 15, 2025 and record date on December 15, 2025.
Reported Earnings • Nov 04Third quarter 2025 earnings released: EPS: CA$0.77 (vs CA$0.29 in 3Q 2024)Third quarter 2025 results: EPS: CA$0.77 (up from CA$0.29 in 3Q 2024). Revenue: CA$483.1m (flat on 3Q 2024). Net income: CA$16.7m (up 161% from 3Q 2024). Profit margin: 3.5% (up from 1.3% in 3Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 4.5% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 08Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 15 September 2025. Payment date: 02 October 2025. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 5.8%. Within top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (2.8%).
분석 기사 • Aug 15Wajax's (TSE:WJX) Soft Earnings Are Actually Better Than They AppearInvestors were disappointed with the weak earnings posted by Wajax Corporation ( TSE:WJX ). However, our analysis...
분석 기사 • Aug 14Wajax (TSE:WJX) Has Affirmed Its Dividend Of CA$0.35Wajax Corporation's ( TSE:WJX ) investors are due to receive a payment of CA$0.35 per share on 2nd of October. Based on...
Declared Dividend • Aug 13Second quarter dividend of CA$0.35 announcedDividend of CA$0.35 is the same as last year. Ex-date: 15th September 2025 Payment date: 2nd October 2025 Dividend yield will be 6.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: CA$0.71 (vs CA$0.95 in 2Q 2024)Second quarter 2025 results: EPS: CA$0.71 (down from CA$0.95 in 2Q 2024). Revenue: CA$547.1m (down 3.7% from 2Q 2024). Net income: CA$15.5m (down 25% from 2Q 2024). Profit margin: 2.8% (down from 3.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • Aug 08Wajax Corporation Declares Quarterly Dividend, Payable on October 2, 2025Wajax Corporation has declared a dividend of $0.35 per share for the third quarter of 2025, payable on October 2, 2025, to shareholders of record on September 15, 2025.
Price Target Changed • Jul 22Price target increased by 8.4% to CA$24.25Up from CA$22.38, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CA$23.22. Stock is down 13% over the past year. The company posted earnings per share of CA$1.97 last year.
Upcoming Dividend • Jun 09Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 16 June 2025. Payment date: 03 July 2025. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (2.4%).
Recent Insider Transactions • Jun 05Chief Financial Officer recently bought CA$57k worth of stockOn the 3rd of June, Tania Casadinho bought around 3k shares on-market at roughly CA$22.05 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth CA$306k. This was Tania's only on-market trade for the last 12 months.
공시 • Jun 05Wajax Corporation Announces Appointment of Michael Hachey as Chief Operating Officer , Effective June 2, 2025Wajax Corporation announced the appointment of Michael Hachey as Chief Operating Officer of the Corporation effective June 2, 2025. Reporting to Iggy Domagalski, President and Chief Executive Officer, Mr. Hachey will oversee the Corporation's operations, with a focus on operational excellence and building organizational capabilities. Mr. Hachey is an experienced senior executive with a strong background in operations and leadership across various sectors, including industrial and food services, automotive and retail. Most recently, he was Chief Operating Officer, Food Service and Hospitality, for Compass Group Canada ("CGC") and previously served as its Chief Innovation Officer and as President, Eurest Support Services (ESS) North America, a division of CGC. Between 2006 and 2014, Mr. Hachey held progressively senior operating roles at Mr. Lube, including Vice President of Retail Operations, Vice President of Operations, and Executive Vice President. He began his career in the audit practice at Ernst & Young before transitioning to finance roles at Bell Canada and Labatt Breweries of Canada. Mr. Hachey holds a Bachelor of Commerce from the University of Victoria and a Master of Business Administration from Queen's University. He is also a Chartered Accountant.
Recent Insider Transactions • May 14Insider recently sold CA$63k worth of stockOn the 7th of May, Stuart Auld sold around 3k shares on-market at roughly CA$20.97 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$457k more than they sold in the last 12 months.
Recent Insider Transactions • May 09Insider recently sold CA$63k worth of stockOn the 7th of May, Stuart Auld sold around 3k shares on-market at roughly CA$20.97 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$734k more than they sold in the last 12 months.
분석 기사 • May 09Wajax (TSE:WJX) Has Announced A Dividend Of CA$0.35The board of Wajax Corporation ( TSE:WJX ) has announced that it will pay a dividend on the 3rd of July, with investors...
공시 • May 09Wajax Corporation Appoints Susan Uthayakumar as DirectorWajax Corporation, at its AGM held on May 6, 2025 appointed Susan Uthayakumar as director.
Declared Dividend • May 08First quarter dividend of CA$0.35 announcedDividend of CA$0.35 is the same as last year. Ex-date: 16th June 2025 Payment date: 3rd July 2025 Dividend yield will be 6.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
분석 기사 • May 08Improved Earnings Required Before Wajax Corporation (TSE:WJX) Stock's 32% Jump Looks JustifiedWajax Corporation ( TSE:WJX ) shareholders would be excited to see that the share price has had a great month, posting...
Reported Earnings • May 07First quarter 2025 earnings released: EPS: CA$0.60 (vs CA$0.68 in 1Q 2024)First quarter 2025 results: EPS: CA$0.60 (down from CA$0.68 in 1Q 2024). Revenue: CA$555.0m (up 15% from 1Q 2024). Net income: CA$13.1m (down 11% from 1Q 2024). Profit margin: 2.4% (down from 3.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
공시 • May 07Wajax Corporation Declares Dividend for the Second Quarter of 2025, Payable on July 3, 2025Wajax Corporation declared a dividend of $0.35 per share for the second quarter of 2025, payable on July 3, 2025, to shareholders of record on June 16, 2025.
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CA$20.70, the stock trades at a trailing P/E ratio of 10.5x. Average forward P/E is 10x in the Trade Distributors industry in Canada. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$22.54 per share.
분석 기사 • Apr 09Calculating The Fair Value Of Wajax Corporation (TSE:WJX)Key Insights The projected fair value for Wajax is CA$17.76 based on 2 Stage Free Cash Flow to Equity Wajax's CA$15.76...
Recent Insider Transactions • Mar 30President recently bought CA$306k worth of stockOn the 27th of March, Ignacy Domagalski bought around 18k shares on-market at roughly CA$17.50 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ignacy's only on-market trade for the last 12 months.
Recent Insider Transactions • Mar 13Independent Director recently bought CA$90k worth of stockOn the 11th of March, David Smith bought around 5k shares on-market at roughly CA$17.99 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$669k more in shares than they have sold in the last 12 months.
분석 기사 • Mar 07Wajax (TSE:WJX) Is Paying Out A Dividend Of CA$0.35The board of Wajax Corporation ( TSE:WJX ) has announced that it will pay a dividend on the 2nd of April, with...
Declared Dividend • Mar 06Fourth quarter dividend of CA$0.35 announcedDividend of CA$0.35 is the same as last year. Ex-date: 14th March 2025 Payment date: 2nd April 2025 Dividend yield will be 7.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Price Target Changed • Mar 05Price target decreased by 8.3% to CA$22.00Down from CA$24.00, the current price target is an average from 4 analysts. New target price is 25% above last closing price of CA$17.60. Stock is down 46% over the past year. The company posted earnings per share of CA$1.97 last year.
공시 • Mar 05Wajax Corporation announces Quarterly dividend, payable on April 02, 2025Wajax Corporation announced Quarterly dividend of CAD 0.3500 per share payable on April 02, 2025, ex-date on March 14, 2025 and record date on March 14, 2025.
분석 기사 • Mar 05Should You Investigate Wajax Corporation (TSE:WJX) At CA$17.30?Wajax Corporation ( TSE:WJX ), might not be a large cap stock, but it received a lot of attention from a substantial...
공시 • Mar 05Wajax Corporation Declares Dividend for the First Quarter of 2025, Payable on April 2, 2025Wajax Corporation has declared a dividend of $0.35 per share for the first quarter of 2025, payable on April 2, 2025, to shareholders of record on March 14, 2025.
Reported Earnings • Mar 04Full year 2024 earnings released: EPS: CA$1.97 (vs CA$3.77 in FY 2023)Full year 2024 results: EPS: CA$1.97 (down from CA$3.77 in FY 2023). Revenue: CA$2.10b (down 2.6% from FY 2023). Net income: CA$42.8m (down 47% from FY 2023). Profit margin: 2.0% (down from 3.8% in FY 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year.
공시 • Mar 04+ 1 more updateWajax Corporation, Annual General Meeting, May 06, 2025Wajax Corporation, Annual General Meeting, May 06, 2025. Location: ontario, toronto Canada
Upcoming Dividend • Dec 09Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 16 December 2024. Payment date: 07 January 2025. Payout ratio is a comfortable 57% and the cash payout ratio is 92%. Trailing yield: 5.9%. Lower than top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (2.5%).
분석 기사 • Nov 28At CA$23.18, Is It Time To Put Wajax Corporation (TSE:WJX) On Your Watch List?Wajax Corporation ( TSE:WJX ), might not be a large cap stock, but it saw a double-digit share price rise of over 10...
Declared Dividend • Nov 07Third quarter dividend of CA$0.35 announcedShareholders will receive a dividend of CA$0.35. Ex-date: 16th December 2024 Payment date: 7th January 2025 Dividend yield will be 6.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (14% earnings payout ratio) but not adequately covered by cash flows (92% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Nov 05New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.5% Last year net profit margin: 4.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risks Dividend is not well covered by cash flows (92% cash payout ratio). Profit margins are more than 30% lower than last year (2.5% net profit margin).
Reported Earnings • Nov 05Third quarter 2024 earnings released: EPS: CA$0.29 (vs CA$1.09 in 3Q 2023)Third quarter 2024 results: EPS: CA$0.29 (down from CA$1.09 in 3Q 2023). Revenue: CA$481.0m (down 5.6% from 3Q 2023). Net income: CA$6.40m (down 73% from 3Q 2023). Profit margin: 1.3% (down from 4.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
공시 • Nov 05+ 1 more updateWajax Corporation Announces CFO Changes, Effective March 4, 2025Wajax Corporation announced the planned retirement of Stuart Auld, Chief Financial Officer, to be effective March 4, 2025. Mr. Auld first joined Wajax in 2014 as Senior Vice President, Information Systems, before being appointed Senior Vice President, Human Resources and Information Systems in 2017. He was appointed Chief Financial Officer in 2019. Prior to joining Wajax, Mr. Auld served for over 25 years in senior executive roles at Canadian Tire, Zellers and Hudson's Bay. Following a comprehensive succession planning process, Tania Casadinho, Vice President, Corporate Controller, has been appointed to succeed Mr. Auld as Chief Financial Officer effective March 4, 2025. Ms. Casadinho has more than 16 years' experience in finance and accounting, gained in the health services, nutrition and industrial sectors, and first joined Wajax in 2018. She is a Chartered Professional Accountant and Chartered Accountant, and holds a Bachelor of Administrative Studies, with Specialized Honours in Accounting, from York University. Ms. Casadinho and Mr. Auld will work closely over the coming months to facilitate a seamless transition.
Upcoming Dividend • Sep 09Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 16 September 2024. Payment date: 02 October 2024. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 5.8%. Lower than top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (2.5%).
Declared Dividend • Aug 14Second quarter dividend of CA$0.35 announcedShareholders will receive a dividend of CA$0.35. Ex-date: 16th September 2024 Payment date: 2nd October 2024 Dividend yield will be 5.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Price Target Changed • Aug 13Price target decreased by 12% to CA$29.00Down from CA$33.00, the current price target is an average from 2 analysts. New target price is 21% above last closing price of CA$23.98. Stock is down 14% over the past year. The company posted earnings per share of CA$3.77 last year.
Reported Earnings • Aug 11Second quarter 2024 earnings released: EPS: CA$0.95 (vs CA$1.35 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.95 (down from CA$1.35 in 2Q 2023). Revenue: CA$568.3m (down 3.1% from 2Q 2023). Net income: CA$20.6m (down 29% from 2Q 2023). Profit margin: 3.6% (down from 4.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Aug 09Wajax Corporation Declares Dividend for the Third Quarter of 2024, Payable on October 2, 2024Wajax Corporation has declared a dividend of $0.35 per share for the third quarter of 2024, payable on October 2, 2024, to shareholders of record on September 16, 2024.
Recent Insider Transactions • Jun 16Independent Director recently bought CA$52k worth of stockOn the 11th of June, Elizabeth Summers bought around 2k shares on-market at roughly CA$26.00 per share. This transaction increased Elizabeth's direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth CA$200k. Insiders have collectively bought CA$1.0m more in shares than they have sold in the last 12 months.
Upcoming Dividend • Jun 07Upcoming dividend of CA$0.35 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 03 July 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 5.3%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (2.4%).
Recent Insider Transactions • May 21Independent Chairman of the Board recently bought CA$100k worth of stockOn the 14th of May, Edward Barrett bought around 4k shares on-market at roughly CA$27.08 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$200k. Edward has been a buyer over the last 12 months, purchasing a net total of CA$594k worth in shares.
Recent Insider Transactions • May 16Independent Chairman of the Board recently bought CA$200k worth of stockOn the 10th of May, Edward Barrett bought around 7k shares on-market at roughly CA$26.98 per share. This transaction amounted to 68% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Edward has been a buyer over the last 12 months, purchasing a net total of CA$494k worth in shares.
Valuation Update With 7 Day Price Move • May 08Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CA$26.71, the stock trades at a trailing P/E ratio of 7.4x. Average forward P/E is 10x in the Trade Distributors industry in Canada. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$41.50 per share.
공시 • May 08Wajax Corporation Announces Board ChangesWajax Corporation at its Annual Meeting of Shareholders held on May 2, 2024, elected Susan Uthayakumar as director. Sylvia D. Chrominska, a director of the Corporation since 2015 and Douglas A. Carty, a director of the Corporation since 2011, retired from the board at the conclusion of the meeting.
Price Target Changed • May 06Price target decreased by 8.2% to CA$33.67Down from CA$36.67, the current price target is an average from 3 analysts. New target price is 22% above last closing price of CA$27.61. Stock is up 20% over the past year. The company posted earnings per share of CA$3.77 last year.
Declared Dividend • May 06First quarter dividend of CA$0.35 announcedShareholders will receive a dividend of CA$0.35. Ex-date: 14th June 2024 Payment date: 3rd July 2024 Dividend yield will be 4.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions • May 05Independent Director recently bought CA$142k worth of stockOn the 3rd of May, David Smith bought around 5k shares on-market at roughly CA$28.35 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$652k more in shares than they have sold in the last 12 months.
분석 기사 • May 03Wajax Corporation's (TSE:WJX) Subdued P/E Might Signal An OpportunityWith a price-to-earnings (or "P/E") ratio of 7.8x Wajax Corporation ( TSE:WJX ) may be sending bullish signals at the...
Reported Earnings • May 02First quarter 2024 earnings released: EPS: CA$0.68 (vs CA$0.81 in 1Q 2023)First quarter 2024 results: EPS: CA$0.68 (down from CA$0.81 in 1Q 2023). Revenue: CA$482.3m (down 6.5% from 1Q 2023). Net income: CA$14.7m (down 16% from 1Q 2023). Profit margin: 3.1% (down from 3.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • May 02Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to CA$28.03. The fair value is estimated to be CA$36.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 20%.
공시 • May 02Wajax Corporation Declares Dividend for the Second Quarter of 2024, Payable on July 3, 2024Wajax Corporation has declared a dividend of $0.35 per share for the second quarter of 2024, payable on July 3, 2024, to shareholders of record on June 14, 2024.
Price Target Changed • Apr 19Price target increased by 8.9% to CA$36.67Up from CA$33.67, the current price target is an average from 3 analysts. New target price is 9.6% above last closing price of CA$33.47. Stock is up 40% over the past year. The company posted earnings per share of CA$3.77 last year.
분석 기사 • Mar 13Investors Shouldn't Be Too Comfortable With Wajax's (TSE:WJX) EarningsDespite announcing strong earnings, Wajax Corporation's ( TSE:WJX ) stock was sluggish. We think that the market might...
Declared Dividend • Mar 08Fourth quarter dividend increased to CA$0.35Dividend of CA$0.35 is 6.1% higher than last year. Ex-date: 14th March 2024 Payment date: 2nd April 2024 Dividend yield will be 4.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 06Full year 2023 earnings released: EPS: CA$3.77 (vs CA$3.38 in FY 2022)Full year 2023 results: EPS: CA$3.77 (up from CA$3.38 in FY 2022). Revenue: CA$2.15b (up 9.8% from FY 2022). Net income: CA$81.0m (up 12% from FY 2022). Profit margin: 3.8% (up from 3.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
공시 • Mar 05Wajax Corporation Declares Dividend for the First Quarter of 2024, Payable on April 2, 2024Wajax Corporation announced that its Board of Directors has approved a 6% increase in the Corporation's quarterly dividend. The Corporation has declared a dividend of $0.35 per share for the first quarter of 2024, payable on April 2, 2024, to shareholders of record on March 15, 2024.
Buy Or Sell Opportunity • Jan 23Now 22% undervaluedOver the last 90 days, the stock has risen 8.5% to CA$31.26. The fair value is estimated to be CA$40.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 28%.
Upcoming Dividend • Dec 07Upcoming dividend of CA$0.33 per share at 4.7% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 03 January 2024. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of Canadian dividend payers (6.6%). Higher than average of industry peers (2.5%).
공시 • Nov 24Wajax Corporation, Annual General Meeting, May 02, 2024Wajax Corporation, Annual General Meeting, May 02, 2024, at 11:00 US Eastern Standard Time.
Recent Insider Transactions • Nov 12Independent Director recently bought CA$139k worth of stockOn the 9th of November, David Smith bought around 5k shares on-market at roughly CA$27.71 per share. This transaction increased David's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$227k more in shares than they have sold in the last 12 months.
공시 • Nov 09Wajax Corporation Declares Dividend for the Fourth Quarter of 2023, Payable on January 3, 2024Wajax Corporation has declared a dividend of CAD 0.33 per share for the fourth quarter of 2023, payable on January 3, 2024, to shareholders of record on December 15, 2023.
Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: CA$1.09 (vs CA$0.84 in 3Q 2022)Third quarter 2023 results: EPS: CA$1.09 (up from CA$0.84 in 3Q 2022). Revenue: CA$509.7m (up 8.3% from 3Q 2022). Net income: CA$23.4m (up 30% from 3Q 2022). Profit margin: 4.6% (up from 3.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 07Upcoming dividend of CA$0.33 per share at 4.5% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (2.3%).
공시 • Sep 02Wajax Corporation (TSX:WJX) acquired Beta Fluid Power Ltd. And Beta Industrial Ltd.Wajax Corporation (TSX:WJX) acquired Beta Fluid Power Ltd. And Beta Industrial Ltd. on September 1, 2023. The transaction will be subject to normal post-closing adjustments. Wajax Corporation (TSX:WJX) completed the acquisition of Beta Fluid Power Ltd. And Beta Industrial Ltd. on September 1, 2023.
Price Target Changed • Aug 14Price target increased by 12% to CA$33.67Up from CA$30.00, the current price target is an average from 3 analysts. New target price is 19% above last closing price of CA$28.29. Stock is up 26% over the past year. The company posted earnings per share of CA$3.38 last year.
New Risk • Aug 14New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: CA$1.35 (vs CA$1.01 in 2Q 2022)Second quarter 2023 results: EPS: CA$1.35 (up from CA$1.01 in 2Q 2022). Revenue: CA$586.2m (up 15% from 2Q 2022). Net income: CA$29.0m (up 34% from 2Q 2022). Profit margin: 4.9% (up from 4.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 11Wajax Corporation Declares a Dividend for the Third Quarter of 2023, Payable on October 3, 2023Wajax Corporation has declared a dividend of $0.33 per share for the third quarter of 2023, payable on October 3, 2023, to shareholders of record on September 15, 2023.
Upcoming Dividend • Jun 07Upcoming dividend of CA$0.33 per share at 5.6% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 05 July 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 5.6%. Lower than top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (2.5%).
공시 • May 06Wajax Corporation Announces Board AppointmentsWajax Corporation announced that David G. Smith and Elizabeth A. Summers have each been appointed to the Audit and Human Resources and Compensation Committees of the board, and that A. Jane Craighead has been appointed chair of the Human Resources and Compensation Committee of the board.
Price Target Changed • Mar 09Price target increased by 11% to CA$28.25Up from CA$25.50, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CA$25.45. Stock is up 27% over the past year. The company posted earnings per share of CA$3.38 last year.
Reported Earnings • Mar 09Full year 2022 earnings released: EPS: CA$3.38 (vs CA$2.50 in FY 2021)Full year 2022 results: EPS: CA$3.38 (up from CA$2.50 in FY 2021). Revenue: CA$1.96b (up 20% from FY 2021). Net income: CA$72.4m (up 36% from FY 2021). Profit margin: 3.7% (up from 3.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Dec 07Upcoming dividend of CA$0.25 per shareEligible shareholders must have bought the stock before 14 December 2022. Payment date: 04 January 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Canadian dividend payers (5.7%). Higher than average of industry peers (2.6%).
분석 기사 • Nov 12Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25Wajax Corporation ( TSE:WJX ) has announced that it will pay a dividend of CA$0.25 per share on the 4th of January...