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Wajax Corporation

Industrials CA WJX

20.75CAD
-0.09(0.43%)

Last update at 2024-12-19T17:32:00Z

Day Range

20.5421.22
LowHigh

52 Week Range

20.4433.77
LowHigh

Fundamentals

  • Previous Close 20.84
  • Market Cap455.72M
  • Volume28282
  • P/E Ratio8.85
  • Dividend Yield6.68%
  • EBITDA127.06M
  • Revenue TTM2074.32M
  • Revenue Per Share TTM95.73
  • Gross Profit TTM 390.31M
  • Diluted EPS TTM2.37

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 96.51M 73.17M 43.59M 53.77M 49.83M
Minority interest - - - - -
Net income 72.41M 53.25M 31.65M 39.50M 35.85M
Selling general administrative 276.46M 244.28M 189.59M 212.75M 209.52M
Selling and marketing expenses - - - - -
Gross profit 390.31M 331.85M 261.96M 291.82M 272.27M
Reconciled depreciation 55.48M 55.39M 52.41M 52.77M 26.96M
Ebit 114.21M 92.53M 72.51M 79.07M 58.60M
Ebitda 169.69M 147.92M 124.92M 131.84M 85.57M
Depreciation and amortization 55.48M 55.39M 52.41M 52.77M 26.96M
Non operating income net other - - - - -
Operating income 114.21M 92.53M 72.51M 79.07M 62.74M
Other operating expenses 1848.96M 1544.98M 1350.28M 1473.97M 1418.85M
Interest expense 17.70M 19.36M 21.12M 19.72M 8.78M
Tax provision 24.10M 19.92M 11.94M 14.27M 13.97M
Interest income 17.34M 19.13M 20.98M 19.72M 8.78M
Net interest income -17.34500M -19.13300M -20.97500M -19.71600M -8.77500M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 24.10M 19.92M 11.94M 14.27M 13.97M
Total revenue 1962.82M 1637.28M 1422.65M 1553.05M 1481.60M
Total operating expenses 276.46M 239.55M 189.59M 212.75M 209.52M
Cost of revenue 1572.51M 1305.43M 1160.69M 1261.22M 1209.33M
Total other income expense net -17.69700M -19.36200M -28.92100M -25.30300M -12.91800M
Discontinued operations - - - - -
Net income from continuing ops 72.41M 53.25M 31.65M 39.50M 35.85M
Net income applicable to common shares 72.41M 53.25M 31.65M 39.50M 35.85M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1473.32M 1249.88M 1080.85M 981.39M 1045.09M
Intangible assets 74.34M 67.38M 72.53M 34.61M 28.84M
Earning assets - - - - -
Other current assets 19.54M 28.84M 17.71M 51.43M 44.11M
Total liab 977.08M 800.11M 690.93M 655.74M 728.28M
Total stockholder equity 496.24M 449.77M 389.91M 325.65M 316.81M
Deferred long term liab - - - - -
Other current liab 153.91M 148.62M 107.50M 86.59M 78.35M
Common stock 211.34M 207.56M 206.71M 181.27M 181.07M
Capital stock 210.00M 207.56M 206.71M 181.27M 181.07M
Retained earnings 278.10M 228.15M 176.17M 143.27M 130.96M
Other liab - 19.57M 32.01M 21.48M 18.72M
Good will 115.94M 103.33M 98.85M 56.11M 50.74M
Other assets 0.00000M 5.09M 8.29M 6.89M 1.76M
Cash - -158.44600M 9.99M 6.62M 3.18M
Cash and equivalents - - - - -
Total current liabilities 483.38M 514.08M 367.89M 278.87M 323.44M
Current deferred revenue 22.81M 20.64M 20.56M 7.92M 8.31M
Net debt 500.87M 461.49M 311.59M 372.63M 403.64M
Short term debt 35.80M 36.58M 30.54M 23.85M 20.71M
Short long term debt 1.40M 5.23M - - -
Short long term debt total 500.87M 303.04M 321.58M 379.25M 406.82M
Other stockholder equity 6.23M 8.96M 8.42M 7.70M 7.17M
Property plant equipment - 206.22M 219.82M 230.00M 236.25M
Total current assets 1043.61M 860.12M 681.36M 653.77M 727.51M
Long term investments - - - - -
Net tangible assets - 279.06M 218.54M 234.92M 237.24M
Short term investments - - - - -
Net receivables 384.50M 369.12M 264.97M 238.29M 265.30M
Long term debt 324.10M 139.36M 153.44M 226.22M 279.69M
Inventory 639.57M 462.16M 388.70M 357.42M 414.93M
Accounts payable 270.85M 308.24M 209.28M 160.51M 216.08M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.57M 5.11M -1.38300M -6.59500M -2.38600M
Additional paid in capital - - - - -
Common stock total equity - - - 181.27M 181.07M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 74.34M 12.82M 8.29M 6.89M 1.76M
Deferred long term asset charges - - - - -
Non current assets total 429.70M 389.76M 399.48M 327.62M 317.58M
Capital lease obligations 175.37M 158.45M 168.14M 153.03M 127.13M
Long term debt total - 266.46M 291.04M 355.40M 386.11M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -24.62700M -14.34600M -62.58400M -17.64200M -1.96600M
Change to liabilities - 115.86M 62.61M -58.39300M 31.77M
Total cashflows from investing activities - -14.34600M -62.58400M -17.64200M -1.96600M
Net borrowings - -47.00500M -101.88700M -77.31100M 42.40M
Total cash from financing activities 117.47M -70.00400M -124.19800M -97.72000M 18.75M
Change to operating activities - -5.60700M -3.18200M 2.51M 3.13M
Net income 80.99M 72.41M 53.25M 31.65M 39.50M
Change in cash 3.83M -15.21800M 3.36M 3.44M 7.11M
Begin period cash flow -5.23000M 9.99M 6.62M 3.18M -3.93200M
End period cash flow -1.39700M -5.23000M 9.99M 6.62M 3.18M
Total cash from operating activities -89.00500M 69.13M 190.15M 118.81M -9.66900M
Issuance of capital stock - - - - 0.00000M
Depreciation 58.57M 55.48M 55.39M 52.41M 52.77M
Other cashflows from investing activities - -4.33000M -55.24500M -6.95100M 9.33M
Dividends paid 26.66M 21.41M 21.06M 20.03M 19.99M
Change to inventory -166.12900M -72.87500M -15.61600M 76.72M -36.27000M
Change to account receivables -3.71600M -79.96800M 8.50M 31.90M -32.09300M
Sale purchase of stock -2.00000M -0.80000M -0.28100M -0.34500M -0.43200M
Other cashflows from financing activities -2.02900M -0.78900M -1.24700M -0.38200M 60.71M
Change to netincome - 6.22M -1.92300M -14.09000M -51.39200M
Capital expenditures 9.85M 10.02M 7.34M 10.69M 11.29M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -200.56500M -64.97500M 83.43M 48.83M -50.54600M
Stock based compensation 9.45M 5.43M 6.86M 4.48M 3.45M
Other non cash items -37.99600M -23.32300M -28.70600M -30.51200M -69.10300M
Free cash flow -98.85100M 59.12M 182.81M 108.12M -20.96400M

Peer Comparison

Sector: Industrials Industry: Industrial Distribution

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
WJX
Wajax Corporation
-0.09 0.43% 20.75 8.85 7.49 0.22 0.88 0.48 5.91
TIH
Toromont Industries Ltd.
0.08 0.07% 113.02 19.55 18.80 1.97 3.37 1.98 10.62
FTT
Finning International Inc.
0.14 0.38% 36.65 11.86 9.65 0.53 2.25 0.77 6.76
RUS
Russel Metals Inc.
-0.51 1.18% 42.59 14.21 10.29 0.58 1.51 0.60 7.42
ADEN
ADENTRA Inc.
-0.65 1.78% 35.77 14.38 8.24 0.45 1.13 0.56 7.29

Reports Covered

Stock Research & News

Profile

Wajax Corporation provides equipment, parts, and services to construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. The company offers compact excavators, dump trucks, excavators, wheel loaders, and wheeled excavators; aerial devices, boom lifts, cranes, digger derricks, drills, lifts, and material and scissor lifts; marine, off and on highway engines, and transmissions; and feller bunchers, felling heads, flail debarkers, forwarders, grinders, harvesting heads, log loaders, mulchers, skidders, track and wheel harvesters, and woodchippers. It also provides bearings, bulk material handling, filtration, fluid handling, hydraulics, industrial electric motors and variable frequency drives, instrumentation, pneumatics, power transmissions, and PPE and safety supplies, as well as sealing, belting, lubricants, and hydraulic hoses; combination sweeper scrubbers, container handlers, electric ride scooters, 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; and equipment transport, filtration, fluid handling, mining excavators, rigid frame trucks, rope shovel, underground battery powered and drill jumbos, underground haul trucks and loaders, and underground utility trucks. In addition, the company offers power generation solutions; 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, as well as equipment rentals and engineered repair services. The company was formerly known as Wajax Income Fund and changed its name to Wajax Corporation in January 2011. Wajax Corporation was founded in 1858 and is headquartered in Mississauga, Canada.

Wajax Corporation

2250 Argentia Road, Mississauga, ON, Canada, L5N 6A5

Key Executives

Name Title Year Born
Mr. Stuart H. Auld Chief Financial Officer NA
Mr. Steven C. Deck COO & SVP of Heavy Equipment NA
Mr. Andrew W. H. Tam Gen. Counsel & Corp. Sec. NA
Justin Warren Sr. VP of Industrial Parts & Engineered Repair Services NA
Mr. Ignacy P. Domagalski Pres, CEO & Director 1980
Mr. Gregory Dean Abtosway VP of Corp. Devel. NA
Ms. Irene Stretton VP of HR NA
Ms. Tania Casadinho VP & Corp. Controller NA
Mr. Ignacy P. Domagalski President, CEO & Director 1980
Mr. Andre Dube Senior VP of Sales & Operations NA

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