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 … Read more
Wajax Corporation (WJXFF) - Net Assets
Latest net assets as of September 2025: $533.11 Million USD
Based on the latest financial reports, Wajax Corporation (WJXFF) has net assets worth $533.11 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.44 Billion) and total liabilities ($905.89 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $533.11 Million |
| % of Total Assets | 37.05% |
| Annual Growth Rate | 4.08% |
| 5-Year Change | 57.31% |
| 10-Year Change | 77.57% |
| Growth Volatility | 7.59 |
Wajax Corporation - Net Assets Trend (2000–2024)
This chart illustrates how Wajax Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wajax Corporation (2000–2024)
The table below shows the annual net assets of Wajax Corporation from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $512.28 Million | +3.23% |
| 2023-12-31 | $496.24 Million | +10.33% |
| 2022-12-31 | $449.77 Million | +15.35% |
| 2021-12-31 | $389.91 Million | +19.73% |
| 2020-12-31 | $325.65 Million | +2.79% |
| 2019-12-31 | $316.81 Million | +6.68% |
| 2018-12-31 | $296.97 Million | +8.12% |
| 2017-12-31 | $274.67 Million | +1.24% |
| 2016-12-31 | $271.31 Million | -5.96% |
| 2015-12-31 | $288.50 Million | +16.09% |
| 2014-12-31 | $248.52 Million | +0.54% |
| 2013-12-31 | $247.19 Million | +2.19% |
| 2012-12-31 | $241.88 Million | +6.28% |
| 2011-12-31 | $227.59 Million | +14.18% |
| 2010-12-31 | $199.33 Million | -0.51% |
| 2009-12-31 | $200.36 Million | -2.18% |
| 2008-12-31 | $204.82 Million | +3.39% |
| 2007-12-31 | $198.10 Million | +0.46% |
| 2006-12-31 | $197.19 Million | +0.32% |
| 2005-12-31 | $196.56 Million | +0.81% |
| 2004-12-31 | $194.99 Million | +9.13% |
| 2003-12-31 | $178.67 Million | +5.12% |
| 2002-12-31 | $169.97 Million | -17.02% |
| 2001-12-31 | $204.83 Million | +4.45% |
| 2000-12-31 | $196.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wajax Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 360.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $289.99 Million | 56.61% |
| Common Stock | $211.45 Million | 41.28% |
| Other Comprehensive Income | $3.33 Million | 0.65% |
| Other Components | $7.51 Million | 1.47% |
| Total Equity | $512.28 Million | 100.00% |
Wajax Corporation Competitors by Market Cap
The table below lists competitors of Wajax Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lootom Telcovideo Network Wuxi Co Ltd
SHE:300555
|
$249.54 Million |
|
Hua Yuan Property Co Ltd
SHG:600743
|
$249.61 Million |
|
Gaonchips Co. Ltd.
KQ:399720
|
$249.61 Million |
|
Guilin Sanjin Pharmaceutical Co Ltd
SHE:002275
|
$249.67 Million |
|
SGSG Science&technology Co Ltd Zhuhai
SHE:300561
|
$249.50 Million |
|
Batu Kawan Bhd
KLSE:1899
|
$249.35 Million |
|
Corsair Gaming Inc
NASDAQ:CRSR
|
$249.33 Million |
|
Clinuvel Pharmaceuticals Ltd
AU:CUV
|
$249.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wajax Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 496,237,000 to 512,283,000, a change of 16,046,000 (3.2%).
- Net income of 42,793,000 contributed positively to equity growth.
- Dividend payments of 29,953,000 reduced retained earnings.
- Share repurchases of 980,000 reduced equity.
- Other comprehensive income increased equity by 2,756,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $42.79 Million | +8.35% |
| Dividends Paid | $29.95 Million | -5.85% |
| Share Repurchases | $980.00K | -0.19% |
| Other Comprehensive Income | $2.76 Million | +0.54% |
| Other Changes | $1.43 Million | +0.28% |
| Total Change | $- | 3.23% |
Book Value vs Market Value Analysis
This analysis compares Wajax Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.50x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.93x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $12.53 | $11.61 | x |
| 2001-12-31 | $13.05 | $11.61 | x |
| 2002-12-31 | $10.83 | $11.61 | x |
| 2003-12-31 | $11.30 | $11.61 | x |
| 2004-12-31 | $12.12 | $11.61 | x |
| 2005-12-31 | $12.08 | $11.61 | x |
| 2006-12-31 | $11.82 | $11.61 | x |
| 2007-12-31 | $11.86 | $11.61 | x |
| 2008-12-31 | $12.28 | $11.61 | x |
| 2009-12-31 | $11.92 | $11.61 | x |
| 2010-12-31 | $11.81 | $11.61 | x |
| 2011-12-31 | $13.45 | $11.61 | x |
| 2012-12-31 | $14.27 | $11.61 | x |
| 2013-12-31 | $14.54 | $11.61 | x |
| 2014-12-31 | $14.59 | $11.61 | x |
| 2015-12-31 | $15.54 | $11.61 | x |
| 2016-12-31 | $13.43 | $11.61 | x |
| 2017-12-31 | $13.59 | $11.61 | x |
| 2018-12-31 | $14.74 | $11.61 | x |
| 2019-12-31 | $15.52 | $11.61 | x |
| 2020-12-31 | $15.90 | $11.61 | x |
| 2021-12-31 | $17.70 | $11.61 | x |
| 2022-12-31 | $20.26 | $11.61 | x |
| 2023-12-31 | $22.28 | $11.61 | x |
| 2024-12-31 | $23.09 | $11.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wajax Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.35%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.04%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 3.02x
- Recent ROE (8.35%) is below the historical average (14.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -4.95% | -0.85% | 1.84x | 3.18x | $-29.31 Million |
| 2001 | 4.25% | 0.83% | 1.89x | 2.71x | $-11.78 Million |
| 2002 | -15.18% | -2.84% | 2.06x | 2.60x | $-42.79 Million |
| 2003 | 5.36% | 1.08% | 2.16x | 2.29x | $-8.30 Million |
| 2004 | 9.40% | 2.10% | 1.98x | 2.26x | $-1.16 Million |
| 2005 | 16.80% | 3.15% | 2.38x | 2.23x | $13.40 Million |
| 2006 | 36.89% | 6.03% | 2.40x | 2.54x | $53.03 Million |
| 2007 | 36.33% | 6.04% | 2.55x | 2.36x | $52.16 Million |
| 2008 | 36.86% | 6.25% | 2.30x | 2.57x | $55.25 Million |
| 2009 | 17.08% | 3.40% | 2.25x | 2.24x | $14.19 Million |
| 2010 | 28.29% | 5.08% | 2.13x | 2.62x | $36.46 Million |
| 2011 | 28.03% | 4.63% | 2.33x | 2.59x | $41.04 Million |
| 2012 | 27.26% | 4.50% | 2.18x | 2.78x | $41.75 Million |
| 2013 | 19.29% | 3.34% | 2.09x | 2.76x | $22.97 Million |
| 2014 | 16.59% | 2.84% | 2.01x | 2.91x | $16.38 Million |
| 2015 | -3.82% | -0.87% | 1.88x | 2.35x | $-39.87 Million |
| 2016 | 4.05% | 0.90% | 1.83x | 2.46x | $-16.13 Million |
| 2017 | 9.97% | 2.08% | 1.90x | 2.53x | $-85.70K |
| 2018 | 12.07% | 2.42% | 1.78x | 2.80x | $6.16 Million |
| 2019 | 12.47% | 2.54% | 1.49x | 3.30x | $7.82 Million |
| 2020 | 9.72% | 2.22% | 1.45x | 3.01x | $-911.80K |
| 2021 | 13.66% | 3.25% | 1.51x | 2.77x | $14.26 Million |
| 2022 | 16.10% | 3.69% | 1.57x | 2.78x | $27.43 Million |
| 2023 | 16.32% | 3.76% | 1.46x | 2.97x | $31.37 Million |
| 2024 | 8.35% | 2.04% | 1.36x | 3.02x | $-8.44 Million |
Industry Comparison
This section compares Wajax Corporation's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $916,275,000
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wajax Corporation (WJXFF) | $533.11 Million | -4.95% | 1.70x | $249.54 Million |
| Addtech AB (publ.) (ADDHY) | $3.08 Billion | 28.02% | 1.77x | $4.34 Billion |
| Andritz AG (ADRZF) | $1.33 Billion | 19.84% | 3.73x | $4.12 Billion |
| Applied Industrial Technologies (AIT) | $932.55 Million | 15.52% | 1.44x | $9.54 Billion |
| Beacon Roofing Supply Inc (BECN) | $26.57 Million | -1.42% | 8.92x | $7.71 Billion |
| BlueLinx Holdings Inc (BXC) | $141.49 Million | 18.31% | 7.04x | $317.68 Million |
| CD International Enterprises Inc (CDIIQ) | $64.33 Million | 0.00% | 0.25x | $7.73K |
| Core & Main Inc (CNM) | $801.00 Million | 4.62% | 3.90x | $8.99 Billion |
| Doman Building Materials Group Ltd (CWXZF) | $497.71 Million | 21.40% | 2.09x | $403.14 Million |
| Now Inc (DNOW) | $1.40 Billion | -35.78% | 0.31x | $1.21 Billion |
| Diploma PLC (DPMAY) | $894.70 Million | 14.45% | 0.98x | $10.23 Billion |