Wajax Corp

Chart & Performance

D1W1MN

P/E

5.82

P/S

0.22

EPS

3.70

Div Yield, %

5.66%

Shrs. gr., 5y

2.02%

Rev. gr., 5y

7.78%

Revenues

2.15b

+9.77%

Net income

81m

+11.85%

CFO

-89m

Dividend

Sep 16, 20240.35 CAD/sh

Earnings

Mar 03, 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	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	2,154,678 9.77%	1,962,822 19.88%	1,637,281 15.09%
Cost of revenue	1,710,492	1,572,509	1,305,427
Unusual Expense (Income)
NOPBT	444,186	390,313	331,854
NOPBT Margin	20.61%	19.89%	20.27%
Operating Taxes	28,654	24,104	19,920
Tax Rate	6.45%	6.18%	6.00%
NOPAT	415,532	366,209	311,934
Net income	80,990 11.85%	72,408 35.98%	53,248 68.22%
Dividends	(26,662)	(21,410)	(21,064)
Dividend yield	3.95%	4.89%	3.94%
Proceeds from repurchase of equity	(2,000)	(800)
BB yield	0.30%	0.18%
Debt
Debt current	35,804	36,577	30,541
Long-term debt	640,436	424,909	459,176
Deferred revenue			11,675
Other long-term liabilities	18,315	11,032	3,645
Net debt	676,240	607,111	471,442
Cash flow
Cash from operating activities	(89,005)	69,132	190,145
CAPEX	(8,970)	(10,016)	(7,339)
Cash from investing activities	(24,627)	(14,346)	(62,584)
Cash from financing activities	117,465	(70,004)	(124,198)
FCF	180,554	331,214	380,222
Balance
Cash		(158,446)	9,988
Long term investments		12,821	8,287
Excess cash
Stockholders' equity	488,674	440,807	381,496
Invested Capital	1,015,418	740,690	726,812
ROIC	47.32%	49.91%	43.00%
ROCE	43.30%	52.10%	44.63%
EV
Common stock shares outstanding	22,272	22,197	22,027
Price	30.27 53.42%	19.73 -18.71%	24.27 42.01%
Market cap	674,162 53.94%	437,945 -18.08%	534,592 52.69%
EV	1,350,402	1,045,056	1,006,034
EBITDA	502,757	445,796	387,248
EV/EBITDA	2.69	2.34	2.60
Interest	26,497	17,697	19,362
Interest/NOPBT	5.97%	4.53%	5.83%