What is the price-to-earnings ratio of Wajax?
The price-earnings ratio of Wajax is currently 10.54.
Wajax P/E 2024
Wajax P/E
10.54
Ticker
WJX.TO
ISIN
CA9307831052
WKN
A1H5J6
As of Dec 12, 2024, Wajax's P/E ratio was 10.54, a 67.83% change from the 6.28 P/E ratio recorded in the previous year.
The Wajax P/E history
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.P/E Details
Deciphering Wajax's P/E Ratio
The Price to Earnings (P/E) Ratio of Wajax is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Wajax's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Wajax is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Wajax’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Wajax stock
How has the price-earnings ratio of Wajax changed compared to last year?
The price-to-earnings ratio of Wajax has increased by 67.83% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Wajax high compared to other companies?
Yes, the price-to-earnings ratio of Wajax is high compared to other companies.
How does an increase in the price-earnings ratio of Wajax affect the company?
An increase in the price-earnings ratio of Wajax would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Wajax affect the company?
A decrease in the price-earnings ratio of Wajax would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Wajax?
Some factors that influence the price-earnings ratio of Wajax are the company's growth, financial position, industry development, and the overall economic situation.
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 5.66 %. 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 5.66 %.
When does Wajax pay dividends?
Wajax pays a quarterly dividend. This is distributed in the months of April, July, October, January.
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 6.22 %.
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 1/7/2025 amounting to 0.35 CAD, you needed to have the stock in your portfolio before the ex-date on 12/16/2024.
When did Wajax pay the last dividend?
The last dividend was paid out on 1/7/2025.
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.
