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Wajax TSX:WJX Stock Report

Last Price

CA$22.22

Market Cap

CA$474.9m

7D

22.4%

1Y

-18.5%

Updated

09 May, 2025

Data

Company Financials +

Wajax Corporation

TSX:WJX Stock Report

Market Cap: CA$474.9m

WJX Stock Overview

Provides industrial products and services in Canada. More details

WJX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends3/6

Rewards

Trading at 8.1% below our estimate of its fair value

Risk Analysis

Interest payments are not well covered by earnings

Profit margins (1.9%) are lower than last year (3.7%)

Unstable dividend track record


Community vs My Fair Value

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Wajax Corporation Competitors

Zedcor

TSXV:ZDC

CA$327.0m

Taiga Building Products

TSX:TBL

CA$412.3m

ADENTRA

TSX:ADEN

CA$621.7m

Doman Building Materials Group

TSX:DBM

CA$624.4m

Price History & Performance

Summary of share price highs, lows and changes for Wajax
Historical stock prices
Current Share PriceCA$22.22
52 Week HighCA$27.49
52 Week LowCA$15.55
Beta1.11
1 Month Change30.02%
3 Month Change8.81%
1 Year Change-18.52%
3 Year Change4.71%
5 Year Change198.26%
Change since IPO64.59%

Recent News & Updates

Wajax (TSE:WJX) Has Announced A Dividend Of CA$0.35

May 09
Wajax (TSE:WJX) Has Announced A Dividend Of CA$0.35

Improved Earnings Required Before Wajax Corporation (TSE:WJX) Stock's 32% Jump Looks Justified

May 08
Improved Earnings Required Before Wajax Corporation (TSE:WJX) Stock's 32% Jump Looks Justified

Recent updates

Wajax (TSE:WJX) Has Announced A Dividend Of CA$0.35

May 09
Wajax (TSE:WJX) Has Announced A Dividend Of CA$0.35

Improved Earnings Required Before Wajax Corporation (TSE:WJX) Stock's 32% Jump Looks Justified

May 08
Improved Earnings Required Before Wajax Corporation (TSE:WJX) Stock's 32% Jump Looks Justified

Calculating The Fair Value Of Wajax Corporation (TSE:WJX)

Apr 09
Calculating The Fair Value Of Wajax Corporation (TSE:WJX)

Wajax (TSE:WJX) Is Paying Out A Dividend Of CA$0.35

Mar 07
Wajax (TSE:WJX) Is Paying Out A Dividend Of CA$0.35

Should You Investigate Wajax Corporation (TSE:WJX) At CA$17.30?

Mar 05
Should You Investigate Wajax Corporation (TSE:WJX) At CA$17.30?

At CA$23.18, Is It Time To Put Wajax Corporation (TSE:WJX) On Your Watch List?

Nov 28
At CA$23.18, Is It Time To Put Wajax Corporation (TSE:WJX) On Your Watch List?

Wajax Corporation's (TSE:WJX) Subdued P/E Might Signal An Opportunity

May 03
Wajax Corporation's (TSE:WJX) Subdued P/E Might Signal An Opportunity

Investors Shouldn't Be Too Comfortable With Wajax's (TSE:WJX) Earnings

Mar 13
Investors Shouldn't Be Too Comfortable With Wajax's (TSE:WJX) Earnings

Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25

Nov 12
Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25

Wajax (TSE:WJX) Has Announced A Dividend Of CA$0.25

Aug 11
Wajax (TSE:WJX) Has Announced A Dividend Of CA$0.25

Does This Valuation Of Wajax Corporation (TSE:WJX) Imply Investors Are Overpaying?

Jul 22
Does This Valuation Of Wajax Corporation (TSE:WJX) Imply Investors Are Overpaying?

Wajax (TSE:WJX) Seems To Use Debt Quite Sensibly

Jun 17
Wajax (TSE:WJX) Seems To Use Debt Quite Sensibly

Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25

May 21
Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25

Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25

May 07
Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25

Here's Why Wajax (TSE:WJX) Can Manage Its Debt Responsibly

Mar 09
Here's Why Wajax (TSE:WJX) Can Manage Its Debt Responsibly

Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25

Nov 06
Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25

Wajax (TSE:WJX) Has Affirmed Its Dividend Of CA$0.25

Aug 12
Wajax (TSE:WJX) Has Affirmed Its Dividend Of CA$0.25

Shareholder Returns

WJXCA Trade DistributorsCA Market
7D22.4%2.9%2.2%
1Y-18.5%-7.5%10.6%

Return vs Industry: WJX underperformed the Canadian Trade Distributors industry which returned -7.5% over the past year.

Return vs Market: WJX underperformed the Canadian Market which returned 10.6% over the past year.

Price Volatility

Is WJX's price volatile compared to industry and market?
WJX volatility
WJX Average Weekly Movement6.8%
Trade Distributors Industry Average Movement4.9%
Market Average Movement9.6%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market4.1%

Stable Share Price: WJX has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: WJX's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18583,000Iggy Domagalskiwww.wajax.com

Wajax Corporation provides industrial products and services in Canada. The company offers compact excavators, dump trucks, excavators, and wheel loaders; combination sweeper scrubbers, container handlers, electric ride scrubbers, end rider trucks, forklifts, goosenecks and ballast weights, order pickers, outdoor cleaning machines, pallet stackers and trucks, reach stackers, rider and walk behind sweepers, side loaders, utility vehicles, tow, terminal, and RoRo tractors; cages and partitions, guarding and barriers, lockers, cabinets, workstations, rack accessories and protections, racking, shelving, and storage platforms; storage system design, installation, and inspection services; and power generation solutions. It also provides aerial devices, boom lifts, cranes, digger derricks, drills, lifts, and material and scissor lifts; feller bunchers, felling heads, flail debarkers, forwarders, grinders, harvesting heads, log loaders, mulchers, skidders, track and wheel harvesters, and woodchippers; equipment transport, filtration, fluid handling, mining excavators, rigid frame trucks, rope shovel, and underground battery powered and drill jumbos, haul trucks, loaders, roof bolters, and utility trucks; and marine, off and on highway engines, and transmissions, as well as equipment rentals.

Wajax Corporation Fundamentals Summary

How do Wajax's earnings and revenue compare to its market cap?
WJX fundamental statistics
Market capCA$474.93m
Earnings (TTM)CA$41.19m
Revenue (TTM)CA$2.17b

11.8x

P/E Ratio

0.2x

P/S Ratio

Is WJX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WJX income statement (TTM)
RevenueCA$2.17b
Cost of RevenueCA$1.76b
Gross ProfitCA$413.85m
Other ExpensesCA$372.67m
EarningsCA$41.19m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 08, 2025

Earnings per share (EPS)1.89
Gross Margin19.07%
Net Profit Margin1.90%
Debt/Equity Ratio63.0%

How did WJX perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

74%

Payout Ratio

Does WJX pay a reliable dividends?

See WJX dividend history and benchmarks
When do you need to buy WJX by to receive an upcoming dividend?
Wajax dividend dates
Ex Dividend DateJun 16 2025
Dividend Pay DateJul 03 2025
Days until Ex dividend37 days
Days until Dividend pay date54 days

Does WJX pay a reliable dividends?

See WJX dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/09 22:03
End of Day Share Price 2025/05/09 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Wajax Corporation is covered by 14 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullBMO Capital Markets Equity Research
Devin DodgeBMO Capital Markets Equity Research
Peter PrattasCantor Fitzgerald Canada Corporation