The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. More Details
Mediocre balance sheet and overvalued.
Share Price & News
How has Westaim's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WED is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: WED's weekly volatility (3%) has been stable over the past year.
7 Day Return
CA Capital Markets
1 Year Return
CA Capital Markets
Return vs Industry: WED underperformed the Canadian Capital Markets industry which returned 42.1% over the past year.
Return vs Market: WED underperformed the Canadian Market which returned 36.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Westaim's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Westaim undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: WED (CA$2.7) is trading above our estimate of fair value (CA$0.96)
Significantly Below Fair Value: WED is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WED is unprofitable, so we can't compare its PE Ratio to the Canadian Capital Markets industry average.
PE vs Market: WED is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WED's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WED is good value based on its PB Ratio (1x) compared to the CA Capital Markets industry average (1.3x).
How is Westaim forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Westaim has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Westaim performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WED is currently unprofitable.
Growing Profit Margin: WED is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WED is unprofitable, and losses have increased over the past 5 years at a rate of 13.7% per year.
Accelerating Growth: Unable to compare WED's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WED is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (50.9%).
Return on Equity
High ROE: WED has a negative Return on Equity (-1.5%), as it is currently unprofitable.
How is Westaim's financial position?
Financial Position Analysis
Short Term Liabilities: WED's short term assets ($367.4M) exceed its short term liabilities ($11.1M).
Long Term Liabilities: WED's short term assets ($367.4M) exceed its long term liabilities ($46.4M).
Debt to Equity History and Analysis
Debt Level: WED's debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WED's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WED's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WED is unprofitable, therefore interest payments are not well covered by earnings.
What is Westaim current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WED's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WED's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WED's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WED's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WED's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. John Cameron MacDonald, also known as Cam, CFA serves as Director at Skyward Specialty Insurance Group Inc. (formerly known as Houston International Insurance Group, Ltd.) also serves as it's Chairman ...
CEO Compensation Analysis
Compensation vs Market: Cam's total compensation ($USD1.12M) is above average for companies of similar size in the Canadian market ($USD827.14K).
Compensation vs Earnings: Cam's compensation has been consistent with company performance over the past year.
Experienced Management: WED's management team is seasoned and experienced (8.3 years average tenure).
Experienced Board: WED's board of directors are considered experienced (6.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WED insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Westaim Corporation's company bio, employee growth, exchange listings and data sources
- Name: The Westaim Corporation
- Ticker: WED
- Exchange: TSXV
- Founded: 1996
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: CA$386.604m
- Shares outstanding: 143.19m
- Website: https://www.westaim.com
Number of Employees
- The Westaim Corporation
- 70 York Street
- Suite 1700
- M5J 1S9
The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investmen...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/25 00:08|
|End of Day Share Price||2021/06/24 00:00|
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 here.