WAJAX CORPORATION chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 81.94
Dividend & Yield1.00C$ (5.36%)
Beta 2.15
Market capitalization 403.38M
Operating cash flow 129.69M
ESG Scores unknown

Company description

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.

Sector: Industrials - Industry: Industrial Distribution

Financial Ratios
Quick Ratio0.78
Working Capital0.17
Return On Equity0.14
Debt To Equity0.39
Fixed Asset Ratio0.1
Fixed Interest Cover4.35

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -1.47M 31.77M -58.39M 62.61M
Total Cashflows From Investing Activities -58.9M -1.97M -17.64M -62.58M
Net Borrowings 70.79M 42.4M -77.31M -101.89M
Total Cash From Financing Activities 59.71M 18.75M -97.72M -124.2M
Change To Operating Activities -1.96M 3.13M 2.51M -3.18M
Issuance Of Stock 9.47M
Net Income 35.85M 39.5M 31.65M 53.25M
Change In Cash -2.21M 7.11M 3.44M 3.36M
Effect Of Exchange Rate
Total Cash From Operating Activities -3.01M -9.67M 118.81M 190.15M
Depreciation 9.68M 31.6M 33.66M 39.38M
Change To Account Receivables 9.59M -25.1M 34.69M 2.48M
Other Cashflows From Financing Activities -918k -3.22M -37k -966k
Change To Netincome -32.19M -51.39M 3.99M -1.92M
Capital Expenditures -5.53M -5.94M -6.51M -5.94M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 49.83M 53.77M 43.59M 73.17M
Net Income 35.85M 39.5M 31.65M 53.25M
Selling General Administrative 208.33M 187.54M 198.61M 238.39M
Gross Profit 272.27M 291.82M 247.83M 328.13M
Ebit 62.74M 79.07M 46.82M 84.26M
Operating Income 62.74M 79.07M 46.82M 84.26M
Interest Expense -8.78M -19.72M -21.12M -19.36M
Income Tax Expense 13.97M 14.27M 11.94M 19.92M
Total Revenue 1.48B 1.55B 1.42B 1.64B
Cost Of Revenue 1.21B 1.26B 1.17B 1.31B
Total Other Income ExpenseNet -12.92M -25.3M -3.22M -11.09M
Net Income From Continuing Ops 35.85M 39.5M 31.65M 53.25M
Net Income Applicable To Common Shares 35.85M 39.5M 31.65M 53.25M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 534.28M 728.28M 655.74M 690.93M
Total Stockholder Equity 296.97M 316.81M 325.65M 389.91M
Other Current Liabilities 32.67M 21.2M 24.14M 32.52M
Total Assets 831.25M 1.05B 981.39M 1.08B
Common Stock 180.37M 181.07M 181.27M 206.71M
Other Current Assets 1.64M 484k 1.6M 2.76M
Retained Earnings 110.84M 130.96M 143.27M 176.17M
Treasury Stock -1.6M -2.39M -6.59M -1.38M
Cash 3.18M 6.62M 9.99M
Total Current Liabilities 290.13M 323.44M 278.87M 367.89M
Other Stockholder Equity -1.6M -2.39M -6.59M -1.38M
Property, Plant, and Equipment 132.73M 236.25M 230M 219.82M
Total Current Assets 624.83M 727.51M 655.03M 681.36M
Net Tangible Assets 223.28M 237.24M 234.92M 218.54M
Net Receivables 236.56M 265.3M 239.55M 264.97M
Accounts Payable 177.49M 216.08M 160.51M 209.28M


Insider Transactions

Here are the insider transactions of stock shares related to WAJAX CORPORATION:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Stretton (Irene)Redemption, retraction, cancelation, repurchase at price 18.47 per share.D2022-03-09Senior Officer of Issuer245
Deck (Steven C.)Redemption, retraction, cancelation, repurchase at price 18.47 per share.D2022-03-09Senior Officer of Issuer3.1k
Tam (Andrew W.H.)Redemption, retraction, cancelation, repurchase at price 18.47 per share.D2022-03-09Senior Officer of Issuer581
Craighead (Jane)Acquisition or disposition in the public market at price 15.83 per share.D2022-03-09Director of Issuer300
Warren (Justin)Redemption, retraction, cancelation, repurchase at price 18.47 per share.D2022-03-09Senior Officer of Issuer298
Craighead (Jane)Acquisition or disposition in the public market at price 15.71 per share.D2022-03-09Director of Issuer3k
Auld, Stuart HarrisonRedemption, retraction, cancelation, repurchase at price 18.47 per share.D2022-03-09Senior Officer of Issuer2.73k
Domagalski (Ignacy Patryk)D2022-01-01Director of Issuer
Abtosway (Gregory Dean)D2021-12-01Senior Officer of Issuer
Craighead (Jane)Acquisition or disposition in the public market at price 23.26 per share.D2021-11-04Director of Issuer100
Craighead (Jane)Acquisition or disposition in the public market at price 23.25 per share.D2021-11-04Director of Issuer600
Craighead (Jane)Acquisition or disposition in the public market at price 23.27 per share.D2021-11-04Director of Issuer300
Beaudry (Robert Charles)Acquisition or disposition in the public market at price 23.20 per share.D2021-11-03Senior Officer of Issuer2.88k
Warren (Justin)D2021-11-01Senior Officer of Issuer
Craighead (Jane)D2021-11-01Director of Issuer

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to WAJAX CORPORATION. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on WAJAX CORPORATION

Here is the result of two systematic investment strategies applied to WAJAX CORPORATION. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on WAJAX CORPORATION

The following chart shows the equity curve of the two systematic investment strategies applied to WAJAX CORPORATION:

WAJAX CORPORATION automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 39.32% on the backtest period.

Performance at glance

Performance

39.32 %

Latent gain

586.94 C$

Invested capital

1492.61 C$

Annualized return

9.5 %
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Momentum strategy results on WAJAX CORPORATION

This is the result of two momentum investment strategies applied to WAJAX CORPORATION. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on WAJAX CORPORATION

The following chart shows all the entries opened by the momentum investment system on WAJAX CORPORATION:

WAJAX CORPORATION momentum entries
  • The first momentum investment strategy would give 36.17% of return on WAJAX CORPORATION. That represents 1808.2C$ of latent gain with 4999.59C$ of employed capital.
  • The second momentum investment strategy would give 35.05% of return on WAJAX CORPORATION. That represents 1488.47C$ of latent gain with 4246.71C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

36.17 %

Latent gain

1808.2 C$

Invested capital

4999.59 C$

Annualized return

-0.25 %
Performance at glance (2Q Momentum)

Performance

35.05 %

Latent gain

1488.47 C$

Invested capital

4246.71 C$

Annualized return

9.58 %

Momentum equity curve on WAJAX CORPORATION

The following chart shows the equity curve of the two momentum strategies applied to WAJAX CORPORATION:

WAJAX CORPORATION momentum equity

Note: the dividends potentially given by WAJAX CORPORATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on WAJAX CORPORATION

The following chart shows the employed capital evolution of the two momentum strategies on WAJAX CORPORATION since the beginning:

WAJAX CORPORATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on WAJAX CORPORATION

Buy the dip entry openings on WAJAX CORPORATION

WAJAX CORPORATION

The performance achieved by the robo-advisor on WAJAX CORPORATION is -0.53%. That represents -3.96$ of latent gain with 748.22C$ of employed capital. The following chart shows WAJAX CORPORATION stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of WAJAX CORPORATION, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-0.53 %

Latent gain

-3.96 C$

Invested capital

748.22 C$

Annualized return

-0.25 %

Equity curve of the strategy applied to WAJAX CORPORATION

The following chart shows the result of the investment strategy applied to WAJAX CORPORATION:

WAJAX CORPORATION

Note: the dividends potentially given by WAJAX CORPORATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on WAJAX CORPORATION

The following chart shows the employed capital evolution since the beginning of the investment strategy on WAJAX CORPORATION:

WAJAX CORPORATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on WAJAX CORPORATION

In this section, I will compare the three previous investment strategies applied to WAJAX CORPORATION.

Equity curve comparison on WAJAX CORPORATION

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

WAJAX CORPORATION investment strategy comparison

Employed capital comparison on WAJAX CORPORATION

WAJAX CORPORATION investment comparison

Performance comparison on WAJAX CORPORATION

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 39.32% 586.94C$ 1492.61C$ 9.5%
Momentum 1 quarter 36.17% 1808.2C$ 4999.59C$ 9.27%
Momentum 2 quarters 35.05% 1488.47C$ 4246.71C$ 9.58%
Non-directional -0.53% -3.96C$ 748.22C$ -0.25%
Annualized return comparison

Automatic investment

9.5 %

Momentum 1Q

9.58 %

Momentum 2Q

9.58 %

Non-directional

-0.25 %

Correlated stocks

Here are the most positively and negatively correlated stocks with WAJAX CORPORATION:

Note: The algorithm computes the probability of correlation between WAJAX CORPORATION and the other stocks. There may be false positives or some missing correlated stocks. If the price of WAJAX CORPORATION does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name WAJAX CORPORATION
Country Canada
City Mississauga
Address 2250 Argentia Road
Phone
Website www.wajax.com
FullTime employees 2900
Industry Industrial Distribution
Sector Industrials
Exchange XTSE
Ticker WJX.XTSE
Market

WAJAX CORPORATION ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown