Wajax Stock

Wajax Market capitalization 2024

Wajax Market capitalization

565.03 M CAD

Ticker

WJX.TO

ISIN

CA9307831052

WKN

A1H5J6

In 2024, Wajax's market cap stood at 565.03 M CAD, a -7.49% increase from the 610.78 M CAD market cap in the previous year.

The Wajax Market capitalization history

YEARMarket Capitalization (undefined CAD)
2023571
2022460.58
2021492.37
2020241.53
2019332.32
2018477.58
2017460.35
2016341.78
2015418.82
2014609.29
2013629.17
2012774.52
2011628.33
2010465.56
2009287.72
2008471.45
2007560.5
2006613.79
2005338.59
2004163.92

Wajax Aktienanalyse

What does Wajax do?

Wajax Corp. is a Canadian company based in Mississauga, Ontario that has been operating in the industry since 1858. Originally starting as a hardware store, the company has heavily invested in technology and innovation over time to offer a comprehensive range of products and services. Wajax's current business model focuses on providing equipment, components, services, and solutions for various industries, including construction, mining, energy, forestry, transportation, and industrial manufacturing. Their goal is to support customers throughout the entire production cycle, from planning and procurement to installation, operation, maintenance, and disposal. The company is divided into different business segments, including Equipment, Power Systems, and Industrial Components. In the Equipment division, Wajax offers a wide range of construction equipment, mining equipment, material handling equipment, and STM air technology products. The Power Systems division serves both end markets and OEM partners by supplying diesel and gas engines, generators, and UPS systems. In the Industrial Components sector, Wajax provides technical services, fasteners, bearings, hydraulic and pneumatic components, as well as filtration equipment. Some of Wajax Corp.'s most well-known products are Cat excavators, wheel loaders, and bulldozers, as well as material handling equipment from Sennebogen, Konecranes, and Manitou. The company is also a major distributor for other leading brands such as Barford, Doosan, and JLG. A key element of Wajax's business model is to provide comprehensive services for its customers. The company offers customized maintenance and repair services, as well as training and technical support tailored to customer needs. It also has an extensive inventory of spare parts and provides customers with online access to technical manuals, product data, and diagrams. In recent years, Wajax has played a growing role in offering clean energy and environmental technology solutions. The company is a major distributor of hybrid and electric construction equipment for some of the leading manufacturers. It also offers solutions for external power supply systems, solar modules, and LED lighting for the industrial market. Overall, Wajax is now a leading provider in the industry for technology-based products and services and an important partner for the industrial sector. The company has been successful for over 160 years and has always focused on the needs of its customers. It is expected that Wajax will continue to expand its role in providing clean energy and environmental technology solutions while investing in technology and innovation to continue offering high-quality products and services to its customers. Wajax ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Wajax's Market Capitalization

Wajax's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Wajax's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Wajax's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Wajax’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Wajax stock

What is the current Wajax market capitalization?

The current market capitalization of Wajax is 565.03 M CAD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Wajax.

How has the market capitalization of Wajax developed in recent years?

The market capitalization of Wajax has increased/decreased by -7.49% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Wajax?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Wajax?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Wajax have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Wajax pay?

Over the past 12 months, Wajax paid a dividend of 1.32 CAD . This corresponds to a dividend yield of about 5.2 %. For the coming 12 months, Wajax is expected to pay a dividend of 1.45 CAD.

What is the dividend yield of Wajax?

The current dividend yield of Wajax is 5.2 %.

When does Wajax pay dividends?

Wajax pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Wajax?

Wajax paid dividends every year for the past 23 years.

What is the dividend of Wajax?

For the upcoming 12 months, dividends amounting to 1.45 CAD are expected. This corresponds to a dividend yield of 5.72 %.

In which sector is Wajax located?

Wajax is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Wajax kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wajax from 7/3/2024 amounting to 0.35 CAD, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Wajax pay the last dividend?

The last dividend was paid out on 7/3/2024.

What was the dividend of Wajax in the year 2023?

In the year 2023, Wajax distributed 1 CAD as dividends.

In which currency does Wajax pay out the dividend?

The dividends of Wajax are distributed in CAD.

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Andere Kennzahlen von Wajax

Our stock analysis for Wajax Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Wajax Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.