# Wajax Corporation (WJX.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Industrials / Trading Companies & Distributors. Price C$30.33, market value C$661 million.

## Valuation
- **P/E (trailing): 10.3×** (5-yr avg 8.1×, 3-yr avg 9.2×). Wajax Corporation trades at 10.3× trailing earnings, well above its own five-year average of 8.1×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 8.7×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.26**. A PEG of 0.26 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.2×**. The shares trade at 1.2× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 5.5×**. Enterprise value is 5.5× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 25.5%** (5-yr avg 17.6%). Free cash flow equals 25.5% of the market value, above its five-year average of 17.6%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 9.7%**. The inverse of the P/E: 9.7% of the price is earned each year.

## Profitability
- **Gross margin: 19.8%**. Wajax Corporation keeps 19.8% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 6.2%**. 6.2% of revenue is left after running the business.
- **Net margin: 2.7%**. 2.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.7%**. 10.7% on shareholders' equity is solid.
- **Return on invested capital: 9.9%**. Return on all capital, debt included, is 9.9%.
- **Return on assets: 4.8%**. Each dollar of assets produces 4.8% of profit.

## Growth
- **Revenue growth (1 yr): 2.3%** (3-yr 3.0%/yr, 5-yr 8.6%/yr). Revenue grew 2.3% over the last year, against 8.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 33.7%** (3-yr -7.5%/yr, 5-yr 10.7%/yr). Earnings per share rose 33.7%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 46.0%/yr**. Free cash flow has compounded at 46.0% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.78**. Debt is 0.78 times equity, moderate leverage.
- **Net debt / EBITDA: 2.1×**. It would take 2.1 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 5.0×**. Operating profit covers interest 5.0× over, a safe margin.
- **Current ratio: 2.14** (quick 0.87). Current assets cover the next year's liabilities 2.14 times.
- **Altman Z-score: 3.32**. A Z-score of 3.32 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 4.62%** (C$1.40 per share, trailing). Wajax Corporation yields 4.62%, an income-level yield.
- **Payout ratio: 53%** (18% of free cash flow). 53% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 9**. 9 straight years of increases.
- **Dividend growth (5 yr): 7.0%/yr** (1-yr 0.0%). The dividend has grown 7.0% a year over five years.
- **Shareholder yield: 4.9%**. Dividends plus net buybacks return 4.9% of the market value a year.

## Price and momentum
- **Total return (1 yr): 32.6%** (YTD 13.9%, 3-mo 2.7%). The shares are up 32.6% over twelve months including dividends.
- **From 52-week high: -13.3%** (35.2% above the low). Trading 13% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 0.55** (volatility 30%). Beta of 0.55 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=WJX.TO · Page: https://foliofundamentals.com/stocks/wjx.to

Not investment advice.