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Home CompaniesWajax Corporation

Wajax Corporation

Industrials Industrial Distribution
PortfolioPortfolio WatchlistWatchlist
Company price
33.98 CAD 1.11 ( 3.38%)
Last update at 2026-11-04T20:30:00Z
VOLUME
179751
Market Cap
700.36M
P/E
12.44

Momentum Score

…

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. In addition, the company offers bearings, bulk material handling, electric motors and variable frequency drives, filtration, fluid handling, hydraulics, instrumentation, pneumatics, power transmissions, and PPE and safety supplies; sealing, belting, lubricants, and hydraulic hoses; equipment parts and support; and engineered repair services. It serves construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. 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 Toronto, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
32.76
Low
34.94
High
52 Week Price Range
16.25
Low
34.50
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Wajax Corporation is a Canadian industrial distributor providing equipment, power systems, parts and maintenance services to construction, mining, utilities and other industrial customers. Long-term growth may be supported by recurring aftermarket/service revenue, infrastructure and resource-sector spending, and a national service network that supports fleet uptime, which may appeal to investors seeking exposure to industrial distribution.
Principal risks are end-market cyclicality, reliance on OEM agreements and parts availability, inventory and working-capital sensitivity, and exposure to interest rates that influence customer capital spending.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
32.87
Dividend Yield
4.35%
Revenue TTM
2145.30M
Revenue Per Share
98.55
Gross Profit TTM
411.73M
Debt / Equity
0.78
ROE
10.95%
Net Debt
413.57M
ROCE
12.86%
Diluted EPS TTM
2.58

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 77.70M 58.31M 109.64M 96.51M 73.17M
Net income 57.47M 42.79M 80.99M 72.41M 53.25M
Selling general administrative 296.83M 311.52M 315.12M 276.46M 244.28M
Gross profit 405.41M 413.78M 444.19M 390.31M 331.85M
Reconciled depreciation 62.58M 62.17M 58.57M 55.48M 55.39M
Ebit 119.74M 93.96M 136.14M 114.21M 92.53M
Ebitda 182.31M 156.13M 194.71M 169.69M 147.92M
Depreciation and amortization 62.58M 62.17M 58.57M 55.48M 55.39M
Operating income 119.74M 102.26M 135.51M 114.21M 92.53M
Other operating expenses 2025.56M 1995.33M 2019.17M 1848.96M 1544.98M
Interest expense 29.45M 35.65M 26.50M 17.70M 19.36M
Tax provision 20.24M 15.52M 28.65M 24.10M 19.92M
Interest income 1.30M 38.18M 0.63M 17.34M 19.13M
Net interest income -28.15M -34.62M -25.87M -17.34M -19.13M
Income tax expense 20.24M 15.52M 28.65M 24.10M 19.92M
Total revenue 2145.30M 2097.59M 2154.68M 1962.82M 1637.28M
Total operating expenses 285.68M 311.52M 315.12M 276.46M 239.55M
Cost of revenue 1739.89M 1683.81M 1710.49M 1572.51M 1305.43M
Total other income expense net -42.03M -43.95M -25.87M -17.70M -19.36M
Net income from continuing ops 57.47M 42.79M 80.99M 72.41M 53.25M
Net income applicable to common shares - 42.79M 80.99M 72.41M 53.25M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 1367.75M 1547.62M 1473.32M 1249.88M 1080.85M
Intangible assets 61.26M 67.58M 74.34M 67.38M 72.53M
Other current assets 16.53M - 19.54M 28.84M 17.71M
Total liab 830.25M 1035.34M 977.08M 800.11M 690.93M
Total stockholder equity 537.50M 512.28M 496.24M 449.77M 389.91M
Other current liab 101.85M 8.59M 153.91M 148.62M 107.50M
Common stock 213.15M - 211.34M 207.56M 206.71M
Capital stock 211.69M 211.45M 210.00M 207.56M 206.71M
Retained earnings 316.64M 289.99M 278.10M 228.15M 176.17M
Other liab - - - 19.57M 32.01M
Good will 115.94M 115.94M 115.94M 103.33M 98.85M
Other assets - - 0.00M 5.09M 8.29M
Cash 8.31M 7.35M - -158.45M 9.99M
Total current liabilities 436.90M 558.25M 483.38M 514.08M 367.89M
Current deferred revenue 18.37M - 22.81M 20.64M 20.56M
Net debt 413.57M 332.66M 500.87M 461.49M 311.59M
Short term debt 44.46M - 35.80M 36.58M 30.54M
Short long term debt - 56.97M 1.40M 5.23M -
Short long term debt total 421.89M - 500.87M 303.04M 321.58M
Other stockholder equity 7.47M - 6.23M 8.96M 8.42M
Property plant equipment - - - 206.22M 219.82M
Total current assets 935.46M 1090.68M 1043.61M 860.12M 681.36M
Net tangible assets - - - 279.06M 218.54M
Net receivables 353.45M 275.61M 384.50M 369.12M 264.97M
Long term debt 222.12M 283.04M 324.10M 139.36M 153.44M
Inventory 557.16M 673.08M 639.57M 462.16M 388.70M
Accounts payable 272.21M 333.31M 270.85M 308.24M 209.28M
Accumulated other comprehensive income 0.24M - 0.57M 5.11M -1.38M
Non currrent assets other - - 74.34M 12.82M 8.29M
Non current assets total 432.29M 456.94M 429.70M 389.76M 399.48M
Capital lease obligations 199.76M 208.18M 175.37M 158.45M 168.14M
Long term debt total - - - 266.46M 291.04M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - 0.16M -24.63M -14.35M -62.58M
Change to liabilities - - - 115.86M 62.61M
Total cashflows from investing activities 0.28M 0.16M -24.63M -14.35M -62.58M
Net borrowings -156.25M - - -47.01M -101.89M
Total cash from financing activities -192.31M -61.36M 117.47M -70.00M -124.20M
Change to operating activities - - - -5.61M -3.18M
Net income 57.47M 42.79M 80.99M 72.41M 53.25M
Change in cash 0.96M 8.75M 3.83M -15.22M 3.36M
Begin period cash flow 7.35M -1.40M -5.23M 9.99M 6.62M
End period cash flow 8.31M 7.35M -1.40M -5.23M 9.99M
Total cash from operating activities 193.00M 69.95M -89.00M 69.13M 190.15M
Depreciation 62.58M 55.14M 58.57M 55.48M 55.39M
Other cashflows from investing activities 10.68M 9.30M -14.78M -4.33M -55.24M
Dividends paid 30.49M 29.95M 26.66M 21.41M 21.06M
Change to inventory 130.22M -38.05M -166.13M -72.88M -15.62M
Change to account receivables 14.23M 7.48M -3.72M -79.97M 8.50M
Sale purchase of stock -1.38M -0.98M -2.00M -0.80M -0.28M
Other cashflows from financing activities -48.35M -6.39M -2.03M -0.79M -1.25M
Change to netincome - - - 6.22M -1.92M
Capital expenditures 9.02M 9.14M 9.85M 10.02M 7.34M
Change in working capital 72.97M -85.72M -200.56M -64.97M 83.43M
Stock based compensation 9.00M 6.83M 9.45M 5.43M 6.86M
Other non cash items 0.36M 12.21M -38.00M -23.32M -28.71M
Free cash flow 183.97M 60.81M -98.85M 59.12M 182.81M

Peer Comparison*

Sector: Industrials Industry: Industrial Distribution

Stock Name
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		 1.11
3.38%		 33.98 12.44 10.20 0.33 1.31 0.52 6.58
TIH
Toromont Industries Ltd.		 -9.74
4.65%		 199.66 33.78 29.59 3.22 5.13 3.15 15.86
FTT
Finning International Inc.		 -1.43
1.46%		 96.78 24.47 20.58 1.20 4.50 1.36 11.85
RUS
Russel Metals Inc.		 -0.66
0.73%		 89.27 16.74 13.26 0.60 1.74 0.67 9.18
DBM
Doman Building Materials Group Ltd		 0.09
0.88%		 10.31 10.96 13.21 0.28 1.40 0.61 7.40

Profile*

Wajax Corporation

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. In addition, the company offers bearings, bulk material handling, electric motors and variable frequency drives, filtration, fluid handling, hydraulics, instrumentation, pneumatics, power transmissions, and PPE and safety supplies; sealing, belting, lubricants, and hydraulic hoses; equipment parts and support; and engineered repair services. It serves construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. 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 Toronto, Canada.

10 Diesel Drive, Toronto, ON, Canada, M8W2T8

416 259 3281

https://www.wajax.com

2900

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

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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