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← CockpitCompetitor Analysis › WJX.TO Wajax CorporationOpen in the cockpit ↗

Wajax CorporationWJX.TOCompetitor analysis, valuation and peers

Canada · CAD·Industrials›Wholesale Distributors
Momentum strong 61
Mkt cap
$503M
US dollars, full cap
Free float
99%
of shares outstanding
$/day
$1.95M
20-day average traded
Fwd P/E
9.8×
forward earnings
ROIC−WACC
+2.5 pp
WACC 5.9%
Hurdle
-15 pp
Req g minus delivered
Next earnings
123 days
9 Mar 2027
Close · CADC$32.55
1D-0.8%
1W-3.4%
1M-9.5%
3M+3.9%
6M+10.8%
YTD+19.5%
1Y+19.9%
ATR %4.3%
52w lowhigh18.6% off high

What Wajax does

Employees: 2,900

Wajax at a glance

Size Wajax (WJX.TO) is a Canada Industrials company (Wholesale Distributors) with a market value of $503M, the 341st largest of 420 Canada companies the cockpit tracks. Shares closed at C$32.55 on 6 Nov 2026.

Performance Over six months the shares gained 10.8%, against -4.3% for the median peer and +5.2% for the Canada market (cap-weighted) — 6th highest of 20 in its peer set.

Growth Revenue fell 4.4% over the last twelve months (peer median +5.0%); the operating margin is 5.5% (peer median 3.4%).

Valuation It trades at 9.8× forward earnings against a peer median of 22.4× (3rd cheapest of 10).

Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -15 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 2.5 points above its cost of capital (5.9% WACC).

Next results Next results expected around 9 Mar 2027 (exchange calendar; dates can move).

Relative performance

10012011 May 202611 Aug 20266 Nov 2026WJX.TO 110Peer median 96
Six months, rebased to 100: Wajax against the median of its 20 peers (local-currency closes).

Wajax financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$2.06BC$2.15BC$2.10BC$2.15BC$1.96B
Revenue growth—+2%-3%+10%—
Gross profitC$402MC$405MC$407MC$444MC$384M
EBITDAC$175MC$182MC$164MC$192MC$166M
Net incomeC$60.9MC$57.5MC$42.8MC$81.0MC$72.4M
Free cash flowC$131MC$184MC$66.3M-C$98.0MC$59.9M
Capital expenditureC$9.82MC$9.02MC$9.14MC$9.85MC$10.0M
Total debtC$416MC$422MC$548MC$501MC$303M

Quarterly statements and history in the cockpit →

Wajax competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-20%-10%0%9937JCQ605169301279TITN8075300950HAYPP0001516033509878BXC99023008360006267613000779ALBOU1223WJX.TO6-month return →1-month return →
Up and to the right = strong over both horizons. Wajax is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%20×40×60×JCQHAYPP0001516033509878BXC3008367613000779WJX.TORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Wajax is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%9937JCQ605169SALIXTITN8075300950HAYPP9878BXC9902ALBOUWJX.TOGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Wajax is the large dot.

Wajax competitors and peer comparison

How Wajax compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Wajax against its 20 peers (data as of 6 Nov 2026)
MeasureWJX.TOPeer medianRank in peer set
1-month return-9.5%-5.8%8th lowest of 21
6-month return+10.8%-4.3%6th highest of 20
Distance from 52-week high-18.6%-26.5%10th highest of 21
Revenue growth (TTM)-4.4%+5.0%4th lowest of 21
Operating margin5.5%3.4%6th highest of 21
Forward P/E9.8×22.4×3rd cheapest of 10
Growth the price implies (Req g, 7 yrs)-6.8%0.5%3rd least demanding of 15
Growth delivered (Del g)+8.6%+6.3%7th highest of 15
Hurdle (Req g minus delivered)-15.4 pp-4.6 pp4th least demanding of 15
ROIC minus cost of capital+2.5 pp-1.7 pp5th highest of 21
EV / EBITDA6.4×10.3×3rd cheapest of 10
Net debt / EBITDA2.4×2.0×8th most indebted of 16

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Wajax WJX.TOCanada$503M+11%-4%6%9.8×-6.8%+8.6%
National Petroleum 9937.TWTaiwan$508M-4%-3%4%n/a-0.2%+4.2%
Jacquet Metals JCQ.PAFrance$493M-4%-2%3%12.9×1.4%+6.2%
Xinjiang Hongtong Natural Gas 605169.SSChina$514M-4%-5%6%n/a6.6%+31.5%
Zhejiang Jindao Technology 301279.SZChina$516M-9%+12%10%n/an/an/a
Salix SALIX.STSweden$521Mn/a+15%8%n/a1.1%+14.7%
Titan Machinery TITNUnited States$521M+3%-11%0%n/a-11.7%+11.5%
Shinsho 8075.TJapan$485M+24%+4%2%n/a-3.3%-5.0%
Doright 300950.SZChina$522M-24%+9%7%n/a37.0%+17.4%
Haypp HAYPP.STSweden$485M+5%+16%1%73.5×35.0%+17.4%
China National Complete Plant Import & Export 000151.SZChina$524M-16%+16%1%45.2×n/an/a
Ananda Drive Techniques (Shanghai) 603350.SSChina$481M-21%+6%4%22.4×n/an/a
Huitongda Network 9878.HKHong Kong$480M-6%+3%1%9.2×-5.1%+0.3%
BlueLinx BXCUnited States$477M+16%+4%1%47.7×13.3%-0.9%
Nichiden 9902.TJapan$532M+22%+9%5%n/a-3.8%+6.5%
Kunshan TopA Intelligent Equipment 300836.SZChina$534M-36%+111%10%24.0×n/an/a
Grand Industrial 000626.SZChina$536M-24%-7%0%n/an/an/a
Siix 7613.TJapan$471M+23%0%3%8.8×-8.8%+9.8%
Gansu Engineering Consulting 000779.SZChina$539M-11%+6%4%22.0×-2.8%-3.7%
Bourrelier ALBOU.PAFrance$468M+36%+3%3%n/a11.5%+1.1%
Symphony 1223.HKHong Kong$467M-12%+9%1%n/an/an/a

Questions

Which companies are Wajax's closest peers?
The cockpit's peer set: National Petroleum (9937.TW), Jacquet Metals (JCQ.PA), Xinjiang Hongtong Natural Gas (605169.SS), Zhejiang Jindao Technology (301279.SZ), Salix (SALIX.ST), Titan Machinery (TITN), Shinsho (8075.T), Doright (300950.SZ).
Is Wajax expensive compared with its peers?
On forward p/e it trades at 9.8× against a peer median of 22.4×, 3rd cheapest of 10 in its peer set. For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -15 pp: the price already allows for a slowdown.
How has Wajax stock performed?
Over six months to 6 Nov 2026 the shares returned +10.8% against -4.3% for the median peer; over one year +19.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.