Wajax Stock Today
| WJX Stock | CAD 17.81 0.10 0.56% |
PerformanceVery Weak
| Odds Of DistressVery Low
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Wajax is selling at 17.81 as of the 25th of March 2025; that is 0.56% down since the beginning of the trading day. The stock's open price was 17.91. Wajax has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 25th of March 2025. Click here to learn more.
Business Domain Capital Goods | Category Industrials |
Wajax Corporation, an integrated distribution company, provides sales, parts, and services to construction, forestry, mining, industrialcommercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. Wajax Corporation was founded in 1858 and is headquartered in Mississauga, Canada. The company has 21.8 M outstanding shares of which 444.47 K shares are at this time shorted by private and institutional investors with about 6.93 days to cover all short positions. More on Wajax
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Wajax Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wajax's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wajax or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | A Foote | ||||
| Business Concentration | Trading Companies & Distributors, Industrial Distribution, Industrials, Industrials, Trading Companies & Distributors, Industrial Distribution, Industrials (View all Sectors) | ||||
Wajax's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Wajax's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
| Debt LevelsWajax can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wajax's financial leverage. It provides some insight into what part of Wajax's total assets is financed by creditors.
LiquidityWajax cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Wajax has accumulated 56.97 M in total debt with debt to equity ratio (D/E) of 1.27, which is about average as compared to similar companies. Wajax has a current ratio of 2.32, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Wajax until it has trouble settling it off, either with new capital or with free cash flow. So, Wajax's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wajax sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wajax to invest in growth at high rates of return. When we think about Wajax's use of debt, we should always consider it together with cash and equity.
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Wajax (WJX) is traded on Toronto Exchange in Canada and employs 3,000 people. Wajax is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 390.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wajax's market, we take the total number of its shares issued and multiply it by Wajax's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Wajax operates under Trading Companies & Distributors sector and is part of Industrials industry. The entity has 21.8 M outstanding shares of which 444.47 K shares are at this time shorted by private and institutional investors with about 6.93 days to cover all short positions.
Wajax has accumulated about 4.58 M in cash with 69.95 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23.
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Ownership AllocationWajax retains a total of 21.8 Million outstanding shares. Roughly 74.65 (%) of Wajax outstanding shares are held by general public with 1.0 % owned by insiders and only 24.35 percent by institutional investors. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Wajax Risk Profiles
Although Wajax's alpha and beta are two of the key measurements used to evaluate Wajax's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.6 | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.79 | |||
| Risk Adjusted Performance | (0.07) |
Wajax Stock Against Markets
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Wajax Corporate Directors
| Alexander Taylor | Independent Director | Profile | |
| Thomas Alford | Independent Director | Profile | |
| Edward Barrett | Independent Director | Profile | |
| Douglas Carty | Independent Director | Profile |
Other Information on Investing in Wajax Stock
Wajax financial ratios help investors to determine whether Wajax Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wajax with respect to the benefits of owning Wajax security.