Wajax Corporation (WJX) - Net Assets

Latest as of September 2025: CA$532.56 Million CAD ≈ $385.24 Million USD

Based on the latest financial reports, Wajax Corporation (WJX) has net assets worth CA$532.56 Million CAD (≈ $385.24 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 (CA$1.44 Billion ≈ $1.04 Billion USD) and total liabilities (CA$904.61 Million ≈ $654.38 Million USD). 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. Check Wajax Corporation asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$532.56 Million
% of Total Assets	37.06%
Annual Growth Rate	4.08%
5-Year Change	57.31%
10-Year Change	77.57%
Growth Volatility	7.38

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. Also explore Wajax Corporation total assets for the complete picture of this company's asset base.

Annual Net Assets for Wajax Corporation (2000–2024)

The table below shows the annual net assets of Wajax Corporation from 2000 to 2024. For live valuation and market cap data, see WJX stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CA$512.28 Million ≈ $370.58 Million	+3.23%
2023-12-31	CA$496.24 Million ≈ $358.97 Million	+10.33%
2022-12-31	CA$449.77 Million ≈ $325.36 Million	+15.35%
2021-12-31	CA$389.91 Million ≈ $282.06 Million	+19.73%
2020-12-31	CA$325.65 Million ≈ $235.57 Million	+2.79%
2019-12-31	CA$316.81 Million ≈ $229.18 Million	+6.68%
2018-12-31	CA$296.97 Million ≈ $214.82 Million	+4.68%
2017-12-31	CA$283.69 Million ≈ $205.21 Million	+2.48%
2016-12-31	CA$276.81 Million ≈ $200.24 Million	-4.05%
2015-12-31	CA$288.50 Million ≈ $208.70 Million	+16.09%
2014-12-31	CA$248.52 Million ≈ $179.77 Million	+0.54%
2013-12-31	CA$247.19 Million ≈ $178.81 Million	+2.19%
2012-12-31	CA$241.88 Million ≈ $174.98 Million	+6.28%
2011-12-31	CA$227.59 Million ≈ $164.63 Million	+13.40%
2010-12-31	CA$200.69 Million ≈ $145.18 Million	+0.16%
2009-12-31	CA$200.36 Million ≈ $144.94 Million	-2.59%
2008-12-31	CA$205.69 Million ≈ $148.80 Million	+3.83%
2007-12-31	CA$198.10 Million ≈ $143.30 Million	+0.46%
2006-12-31	CA$197.19 Million ≈ $142.65 Million	+0.07%
2005-12-31	CA$197.06 Million ≈ $142.55 Million	+1.06%
2004-12-31	CA$194.99 Million ≈ $141.05 Million	+8.56%
2003-12-31	CA$179.61 Million ≈ $129.92 Million	+5.67%
2002-12-31	CA$169.97 Million ≈ $122.95 Million	-17.02%
2001-12-31	CA$204.83 Million ≈ $148.17 Million	+4.45%
2000-12-31	CA$196.10 Million ≈ $141.86 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 28999300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CA$289.99 Million	56.61%
Common Stock	CA$212.53 Million	41.49%
Other Comprehensive Income	CA$3.33 Million	0.65%
Other Components	CA$6.44 Million	1.26%
Total Equity	CA$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
Shenzhen Prolto Supply Chain Management Co Ltd SHE:002769	$539.73 Million
PCL Technologies Inc TW:4977	$539.73 Million
Shanghai Carthane Co Ltd SHG:603037	$539.77 Million
Svolder AB (publ) ST:SVOL-B	$539.91 Million
Jahen Household Products Co. Ltd. SHE:300955	$539.56 Million
Cheng Uei Precision Industry Co Ltd TW:2392	$539.52 Million
Djerriwarrh Investments Ltd AU:DJW	$539.37 Million
Tibet Tourism Co Ltd SHG:600749	$539.37 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	CA$42.79 Million	+8.35%
Dividends Paid	CA$29.95 Million	-5.85%
Share Repurchases	CA$980.00K	-0.19%
Other Comprehensive Income	CA$2.76 Million	+0.54%
Other Changes	CA$1.43 Million	+0.28%
Total Change	CA$-	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: 1.49x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 2.74x to 1.49x 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	CA$12.53	CA$34.31	x
2001-12-31	CA$13.05	CA$34.31	x
2002-12-31	CA$10.83	CA$34.31	x
2003-12-31	CA$11.36	CA$34.31	x
2004-12-31	CA$12.12	CA$34.31	x
2005-12-31	CA$12.08	CA$34.31	x
2006-12-31	CA$11.82	CA$34.31	x
2007-12-31	CA$11.86	CA$34.31	x
2008-12-31	CA$12.28	CA$34.31	x
2009-12-31	CA$11.92	CA$34.31	x
2010-12-31	CA$11.89	CA$34.31	x
2011-12-31	CA$13.45	CA$34.31	x
2012-12-31	CA$14.27	CA$34.31	x
2013-12-31	CA$14.54	CA$34.31	x
2014-12-31	CA$14.59	CA$34.31	x
2015-12-31	CA$15.54	CA$34.31	x
2016-12-31	CA$13.70	CA$34.31	x
2017-12-31	CA$14.04	CA$34.31	x
2018-12-31	CA$14.74	CA$34.31	x
2019-12-31	CA$15.52	CA$34.31	x
2020-12-31	CA$15.90	CA$34.31	x
2021-12-31	CA$17.70	CA$34.31	x
2022-12-31	CA$20.26	CA$34.31	x
2023-12-31	CA$22.28	CA$34.31	x
2024-12-31	CA$23.09	CA$34.31	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	CA$-29.31 Million
2001	4.25%	0.83%	1.89x	2.71x	CA$-11.78 Million
2002	-15.18%	-2.84%	2.06x	2.60x	CA$-42.79 Million
2003	5.33%	1.08%	2.17x	2.27x	CA$-8.39 Million
2004	9.40%	1.98%	2.11x	2.26x	CA$-1.16 Million
2005	16.80%	3.15%	2.38x	2.24x	CA$13.40 Million
2006	36.89%	6.03%	2.40x	2.54x	CA$53.03 Million
2007	36.33%	6.04%	2.55x	2.36x	CA$52.16 Million
2008	36.86%	6.25%	2.30x	2.57x	CA$55.25 Million
2009	17.08%	3.52%	2.17x	2.24x	CA$14.19 Million
2010	27.42%	4.95%	2.16x	2.57x	CA$34.95 Million
2011	28.03%	4.63%	2.33x	2.59x	CA$41.04 Million
2012	27.26%	4.50%	2.18x	2.78x	CA$41.75 Million
2013	19.29%	3.34%	2.11x	2.74x	CA$22.97 Million
2014	16.59%	2.84%	2.02x	2.89x	CA$16.38 Million
2015	-3.82%	-0.87%	1.88x	2.35x	CA$-39.87 Million
2016	3.97%	0.90%	1.84x	2.40x	CA$-16.68 Million
2017	10.89%	2.34%	1.90x	2.44x	CA$2.53 Million
2018	12.07%	2.42%	1.78x	2.80x	CA$6.16 Million
2019	12.47%	2.54%	1.49x	3.30x	CA$7.82 Million
2020	9.72%	2.22%	1.45x	3.01x	CA$-911.80K
2021	13.66%	3.25%	1.51x	2.77x	CA$14.26 Million
2022	16.10%	3.69%	1.57x	2.78x	CA$27.43 Million
2023	16.32%	3.76%	1.46x	2.97x	CA$31.37 Million
2024	8.35%	2.04%	1.36x	3.02x	CA$-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: $557,920,000
Average return on equity (ROE) among peers: 18.48%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Wajax Corporation (WJX)	CA$532.56 Million	-4.95%	1.70x	$539.71 Million
Doman Building Materials Group Ltd (DBM)	$123.52 Million	-0.55%	0.92x	$650.38 Million
Finning International Inc. (FTT)	$1.34 Billion	19.28%	2.04x	$9.41 Billion
Russel Metals Inc. (RUS)	$1.25 Billion	34.62%	0.85x	$2.10 Billion
Taiga Building Products Ltd. (TBL)	$-82.97 Million	0.00%	0.00x	$288.92 Million
Toromont Industries Ltd. (TIH)	$155.80 Million	39.02%	1.79x	$12.80 Billion

About Wajax Corporation

TO:WJX Canada Industrial Distribution

Market Cap

$539.71 Million

CA$746.09 Million CAD

Market Cap Rank

#12132 Global

#347 in Canada

Share Price

CA$34.31

Change (1 day)

+1.45%

52-Week Range

CA$18.24 - CA$34.31

All Time High

CA$34.31