WAJAX CORP (WJX.CA) Stock Fundamental Analysis
TSX:WJX - Toronto Stock Exchange - CA9307831052 - Common Stock - Currency: CAD
WJX gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 13 industry peers in the Trading Companies & Distributors industry. There are concerns on the financial health of WJX while its profitability can be described as average. WJX is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year WJX was profitable.
In the past year WJX had a positive cash flow from operations.
Each year in the past 5 years WJX has been profitable.
WJX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
WJX has a Return On Assets of 2.77%. This is in the lower half of the industry: WJX underperforms 61.54% of its industry peers.
With a decent Return On Equity value of 8.35%, WJX is doing good in the industry, outperforming 61.54% of the companies in the same industry.
WJX has a Return On Invested Capital of 7.61%. This is in the better half of the industry: WJX outperforms 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.77% | ||
| ROE | 8.35% | ||
| ROIC | 7.61% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 2.04%, WJX is doing worse than 61.54% of the companies in the same industry.
In the last couple of years the Profit Margin of WJX has declined.
WJX's Operating Margin of 4.88% is in line compared to the rest of the industry. WJX outperforms 53.85% of its industry peers.
In the last couple of years the Operating Margin of WJX has remained more or less at the same level.
WJX has a worse Gross Margin (19.73%) than 61.54% of its industry peers.
In the last couple of years the Gross Margin of WJX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.88% | ||
| PM (TTM) | 2.04% | ||
| GM | 19.73% |
OM growth 3Y-1.65%
OM growth 5Y-0.87%
PM growth 3Y-14.37%
PM growth 5Y-4.31%
GM growth 3Y-0.52%
GM growth 5Y0.98%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WJX is destroying value.
WJX has more shares outstanding than it did 5 years ago.
2.2 Solvency
WJX has an Altman-Z score of 2.47. This is not the best score and indicates that WJX is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.47, WJX is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
The Debt to FCF ratio of WJX is 9.01, which is on the high side as it means it would take WJX, 9.01 years of fcf income to pay off all of its debts.
WJX has a Debt to FCF ratio of 9.01. This is in the lower half of the industry: WJX underperforms 61.54% of its industry peers.
WJX has a Debt/Equity ratio of 0.88. This is a neutral value indicating WJX is somewhat dependend on debt financing.
The Debt to Equity ratio of WJX (0.88) is worse than 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 9.01 | ||
| Altman-Z | 2.47 |
ROIC/WACC0.82
WACC9.23%
2.3 Liquidity
A Current Ratio of 1.95 indicates that WJX should not have too much problems paying its short term obligations.
WJX has a Current ratio of 1.95. This is in the lower half of the industry: WJX underperforms 69.23% of its industry peers.
A Quick Ratio of 0.72 indicates that WJX may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.72, WJX is doing worse than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.95 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
WJX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -36.24%.
The Earnings Per Share has been growing slightly by 3.09% on average over the past years.
WJX shows a decrease in Revenue. In the last year, the revenue decreased by -2.65%.
The Revenue has been growing slightly by 6.20% on average over the past years.
EPS 1Y (TTM)-36.24%
EPS 3Y0.42%
EPS 5Y3.09%
EPS Q2Q%-57.5%
Revenue 1Y (TTM)-2.65%
Revenue growth 3Y8.61%
Revenue growth 5Y6.2%
Sales Q2Q%4.29%
3.2 Future
WJX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.12% yearly.
The Revenue is expected to grow by 1.21% on average over the next years.
EPS Next Y-0.54%
EPS Next 2Y5.25%
EPS Next 3Y2.12%
EPS Next 5YN/A
Revenue Next Year3.09%
Revenue Next 2Y2.51%
Revenue Next 3Y1.21%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.27, which indicates a rather cheap valuation of WJX.
Compared to the rest of the industry, the Price/Earnings ratio of WJX indicates a rather cheap valuation: WJX is cheaper than 92.31% of the companies listed in the same industry.
WJX is valuated cheaply when we compare the Price/Earnings ratio to 28.98, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 7.31, which indicates a rather cheap valuation of WJX.
92.31% of the companies in the same industry are more expensive than WJX, based on the Price/Forward Earnings ratio.
WJX is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.38, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.27 | ||
| Fwd PE | 7.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WJX is valued a bit cheaper than the industry average as 76.92% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WJX indicates a somewhat cheap valuation: WJX is cheaper than 76.92% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.31 | ||
| EV/EBITDA | 5.62 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.35
EPS Next 2Y5.25%
EPS Next 3Y2.12%
5. Dividend
5.1 Amount
WJX has a Yearly Dividend Yield of 8.05%, which is a nice return.
Compared to an average industry Dividend Yield of 4.22, WJX pays a better dividend. On top of this WJX pays more dividend than 92.31% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.46, WJX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.05% |
5.2 History
WJX has been paying a dividend for at least 10 years, so it has a reliable track record.
As WJX did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years8
5.3 Sustainability
WJX pays out 70.00% of its income as dividend. This is not a sustainable payout ratio.
DP70%
EPS Next 2Y5.25%
EPS Next 3Y2.12%
TSX:WJX (4/29/2025, 7:00:00 PM)
17.52
-0.02 (-0.11%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners24.26%
Inst Owner ChangeN/A
Ins Owners1.06%
Ins Owner ChangeN/A
Market Cap383.86M
Analysts72.5
Price Target22.44 (28.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.05% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP70%
Div Incr Years2
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-35.29%
Min EPS beat(2)-48.86%
Max EPS beat(2)-21.71%
EPS beat(4)0
Avg EPS beat(4)-24.79%
Min EPS beat(4)-48.86%
Max EPS beat(4)-1.92%
EPS beat(8)3
Avg EPS beat(8)-7.59%
EPS beat(12)7
Avg EPS beat(12)0.2%
EPS beat(16)10
Avg EPS beat(16)5.63%
Revenue beat(2)1
Avg Revenue beat(2)-3.95%
Min Revenue beat(2)-9.43%
Max Revenue beat(2)1.53%
Revenue beat(4)1
Avg Revenue beat(4)-6.16%
Min Revenue beat(4)-12.65%
Max Revenue beat(4)1.53%
Revenue beat(8)3
Avg Revenue beat(8)-3.24%
Revenue beat(12)6
Avg Revenue beat(12)0.18%
Revenue beat(16)8
Avg Revenue beat(16)0.13%
PT rev (1m)-8.33%
PT rev (3m)-8.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.59%
EPS NY rev (1m)0%
EPS NY rev (3m)-12.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.74%
Revenue NY rev (1m)-0.69%
Revenue NY rev (3m)-0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.27 | ||
| Fwd PE | 7.31 | ||
| P/S | 0.18 | ||
| P/FCF | 6.31 | ||
| P/OCF | 5.49 | ||
| P/B | 0.75 | ||
| P/tB | 1.17 | ||
| EV/EBITDA | 5.62 |
EPS(TTM)2.41
EY13.76%
EPS(NY)2.4
Fwd EY13.68%
FCF(TTM)2.78
FCFY15.84%
OCF(TTM)3.19
OCFY18.22%
SpS95.74
BVpS23.38
TBVpS15.01
PEG (NY)N/A
PEG (5Y)2.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.77% | ||
| ROE | 8.35% | ||
| ROCE | 10.34% | ||
| ROIC | 7.61% | ||
| ROICexc | 7.67% | ||
| ROICexgc | 9.43% | ||
| OM | 4.88% | ||
| PM (TTM) | 2.04% | ||
| GM | 19.73% | ||
| FCFM | 2.9% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-6.73%
ROICexcg growth 5Y0.68%
ROICexc growth 3Y-4.45%
ROICexc growth 5Y-1.11%
OM growth 3Y-1.65%
OM growth 5Y-0.87%
PM growth 3Y-14.37%
PM growth 5Y-4.31%
GM growth 3Y-0.52%
GM growth 5Y0.98%
F-ScoreN/A
Asset Turnover1.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 9.01 | ||
| Debt/EBITDA | 2.74 | ||
| Cap/Depr | 14.71% | ||
| Cap/Sales | 0.44% | ||
| Interest Coverage | 4.44 | ||
| Cash Conversion | 42.54% | ||
| Profit Quality | 142.1% | ||
| Current Ratio | 1.95 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 2.47 |
F-ScoreN/A
WACC9.23%
ROIC/WACC0.82
Cap/Depr(3y)16.52%
Cap/Depr(5y)16.63%
Cap/Sales(3y)0.47%
Cap/Sales(5y)0.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-36.24%
EPS 3Y0.42%
EPS 5Y3.09%
EPS Q2Q%-57.5%
EPS Next Y-0.54%
EPS Next 2Y5.25%
EPS Next 3Y2.12%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.65%
Revenue growth 3Y8.61%
Revenue growth 5Y6.2%
Sales Q2Q%4.29%
Revenue Next Year3.09%
Revenue Next 2Y2.51%
Revenue Next 3Y1.21%
Revenue Next 5YN/A
EBIT growth 1Y-29.14%
EBIT growth 3Y6.82%
EBIT growth 5Y5.27%
EBIT Next Year48.37%
EBIT Next 3Y14.57%
EBIT Next 5YN/A
FCF growth 1Y161.52%
FCF growth 3Y-30.71%
FCF growth 5YN/A
OCF growth 1Y178.6%
OCF growth 3Y-28.34%
OCF growth 5YN/A