Wajax Corp

Chart & Performance

D1W1MN

P/E

11.86

P/S

0.24

EPS

1.97

Div Yield, %

4.50%

Shrs. gr., 5y

1.68%

Rev. gr., 5y

6.20%

Revenues

2.10b

-2.65%

Net income

43m

-47.16%

CFO

70m

Dividend

Sep 16, 20240.35 CAD/sh

Earnings

Aug 06, 2025

Profile

Wajax Corporation provides sales, parts, and services to construction, forestry, mining, industrial/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; engines and transmissions; and feller bunchers, felling heads, flail debarkers, forestry processors, forwarders, grinders, log loaders, skidders, track and wheel harvesters, and wood chippers. It also provides bearings, bulk material handling, filtration, fluid handling, hydraulics, industrial electric motors and variable frequency drives, instrumentation, pneumatics, power transmissions, and safety and mill supplies, as well as sealing, belting, lubricants, and hydraulic hoses; combination sweeper scrubbers, container handlers, electric ride scooters, end rider trucks, forklifts, order pickers, pallet stackers and trucks, reach stackers, rider and walk behind sweepers, side loaders, tow tractors, and utility vehicles; and equipment transport, filtration, fluid handling, mining excavators, rigid frame trucks, rope shovel, underground battery powered and drill jumbos, underground haul trucks and loaders, underground roof bolters and scaling machines, and underground utility trucks. In addition, the company offers power generation solutions; and cages and partitions, guarding and barriers, lockers, cabinets, workstations, rack accessories and protections, racking, shelving, and storage platforms, as well as storage system design, installation, and inspection 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.

URL

https://www.wajax.com/

IPO date

Mar 17, 1980

Employees

3,100

Domiciled in

Incorporated in

Valuation

Order:

Title CAD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CAD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	2,097,595 -2.65%	2,154,678 9.77%	1,962,822 19.88%
Cost of revenue	1,683,811	1,710,492	1,572,509
Unusual Expense (Income)
NOPBT	413,784	444,186	390,313
NOPBT Margin	19.73%	20.61%	19.89%
Operating Taxes	15,520	28,654	24,104
Tax Rate	3.75%	6.45%	6.18%
NOPAT	398,264	415,532	366,209
Net income	42,793 -47.16%	80,990 11.85%	72,408 35.98%
Dividends	(29,953)	(26,662)	(21,410)
Dividend yield	6.44%	3.95%	4.89%
Proceeds from repurchase of equity	(980)	(2,000)	(800)
BB yield	0.21%	0.30%	0.18%
Debt
Debt current	97,124	35,804	36,577
Long-term debt	659,255	640,436	424,909
Deferred revenue
Other long-term liabilities	17,015	18,315	11,032
Net debt	749,028	676,240	607,111
Cash flow
Cash from operating activities	69,955	(89,005)	69,132
CAPEX	(8,874)	(8,970)	(10,016)
Cash from investing activities	156	(24,627)	(14,346)
Cash from financing activities	(61,363)	117,465	(70,004)
FCF	345,701	180,554	331,214
Balance
Cash	7,351		(158,446)
Long term investments			12,821
Excess cash
Stockholders' equity	504,772	488,674	440,807
Invested Capital	1,077,495	1,015,418	740,690
ROIC	38.06%	47.32%	49.91%
ROCE	38.08%	43.30%	52.10%
EV
Common stock shares outstanding	22,189	22,272	22,197
Price	20.96 -30.76%	30.27 53.42%	19.73 -18.71%
Market cap	465,074 -31.01%	674,162 53.94%	437,945 -18.08%
EV	1,214,102	1,350,402	1,045,056
EBITDA	475,954	502,757	445,796
EV/EBITDA	2.55	2.69	2.34
Interest	35,647	26,497	17,697
Interest/NOPBT	8.61%	5.97%	4.53%