What is the ROE (Return on Equity) of Wajax this year?
The ROE of Wajax this year is 0 undefined.
Wajax ROE 2024
Wajax ROE
0
Ticker
WJX.TO
ISIN
CA9307831052
WKN
A1H5J6
In 2024, Wajax's return on equity (ROE) was 0, a -100% increase from the 0.16 ROE in the previous year.
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.ROE Details
Decoding Wajax's Return on Equity (ROE)
Wajax's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Wajax's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Wajax's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Wajax’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Wajax stock
How has the Return on Equity (ROE) of Wajax developed compared to the previous year?
The ROE of Wajax has increased by -100% decreased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Wajax?
A high ROE indicates that Wajax generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Wajax?
A low ROE can indicate that Wajax is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Wajax affect the company?
A change in ROE (Return on Equity) of Wajax can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Wajax?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Wajax?
Some factors that can influence Wajax's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
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.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
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.
