Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Wajax Corporation (WJX.TO)

Company Dividend Discount ModelIndustry: Industrial - DistributionSector: Industrials

Valuation Snapshot

Stable Growth$41.25 - $93.65$59.98
Multi-Stage$54.20 - $59.40$56.75
Blended Fair Value$58.36
Current Price$24.20
Upside141.17%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.42%-2.91%1.351.210.970.950.910.900.890.890.900.97
YoY Growth--12.34%24.53%1.64%5.18%0.18%1.82%-0.15%-1.24%-7.20%-46.69%
Dividend Yield--7.69%3.64%3.93%4.82%4.56%13.99%5.29%3.79%3.93%5.55%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)46.37
(-) Cash Dividends Paid (M)30.48
(=) Cash Retained (M)15.88
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)9.275.803.48
Cash Retained (M)15.8815.8815.88
(-) Cash Required (M)-9.27-5.80-3.48
(=) Excess Retained (M)6.6110.0912.41
(/) Shares Outstanding (M)22.1222.1222.12
(=) Excess Retained per Share0.300.460.56
LTM Dividend per Share1.381.381.38
(+) Excess Retained per Share0.300.460.56
(=) Adjusted Dividend1.681.831.94
WACC / Discount Rate6.50%6.50%6.50%
Growth Rate2.34%3.34%4.34%
Fair Value$41.25$59.98$93.65
Upside / Downside70.47%147.85%287.00%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)46.3747.9249.5251.1752.8854.6556.28
Payout Ratio65.74%70.59%75.45%80.30%85.15%90.00%92.50%
Projected Dividends (M)30.4833.8337.3641.0945.0349.1852.06

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.50%6.50%6.50%
Growth Rate2.34%3.34%4.34%
Year 1 PV (M)31.4531.7632.07
Year 2 PV (M)32.3032.9433.58
Year 3 PV (M)33.0434.0135.01
Year 4 PV (M)33.6635.0036.37
Year 5 PV (M)34.1935.9037.67
PV of Terminal Value (M)1,034.041,085.561,139.11
Equity Value (M)1,198.691,255.161,313.81
Shares Outstanding (M)22.1222.1222.12
Fair Value$54.20$56.75$59.40
Upside / Downside123.95%134.50%145.45%

High-Yield Dividend Screener

« Prev Page 6 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
RIVER.OLRiver Tech p.l.c.10.78%$0.4364.39%
RZSB.MEJoint-Stock Company Ryazanenergosbyt10.78%$3.7168.15%
1193.HKChina Resources Gas Group Limited10.77%$2.3064.05%
601166.SSIndustrial Bank Co., Ltd.10.76%$2.2762.03%
7757.TWOLebledor F&B Co., Ltd.10.76%$12.4863.66%
KYLO.ATLoulis Food Ingredients S.A.10.71%$0.4088.89%
0220.HKUni-President China Holdings Ltd10.69%$0.8694.83%
9919.HKActivation Group Holdings Limited10.69%$0.1146.94%
1358.HKPW Medtech Group Limited10.66%$0.1468.89%
1809.HKPrinx Chengshan Holdings Limited10.66%$0.8521.37%
LCS.TOBrompton Lifeco Split Corp.10.66%$1.1817.54%
KSC.AXK&S Corporation Limited10.64%$0.3577.01%
2146.HKRoiserv Lifestyle Services Co., Ltd.10.62%$0.1524.06%
ALUP11.SAAlupar Investimento S.A.10.60%$3.3996.11%
2886.HKBinhai Investment Company Limited10.58%$0.1236.55%
601916.SSChina Zheshang Bank Co., Ltd10.58%$0.3263.30%
3877.HKCSSC (Hong Kong) Shipping Company Limited10.55%$0.2234.11%
2387.TWSunrex Technology Corporation10.53%$4.0579.22%
EMAAR.AEEmaar Properties PJSC10.52%$1.4986.86%
L-PB.TOLoblaw Companies Limited10.50%$2.6231.91%
0315.HKSmarTone Telecommunications Holdings Limited10.48%$0.5057.53%
TGHN.DELogwin AG10.47%$26.8057.77%
BJBR.JKPT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk10.46%$85.2589.95%
MASTER.BKMaster Style Public Company Limited10.45%$0.7865.02%
0QQM.LIVF Hartmann Holding AG10.44%$14.5194.28%
VCOM.BKVintcom Technology Public Company Limited10.44%$0.3185.35%
ANI.BKAsia Network International Public Company Limited10.43%$0.3194.26%
LPSB3.SALPS Brasil - Consultoria de Imóveis S.A.10.43%$0.1783.48%
0842.HKLeoch International Technology Limited10.40%$0.2231.41%
1600.HKTian Lun Gas Holdings Limited10.40%$0.3345.16%
2111.HKBest Pacific International Holdings Limited10.40%$0.3437.60%
OTL.OLOdfjell Technology Ltd.10.40%$5.9771.20%
RCO.PARémy Cointreau S.A.10.38%$3.7763.28%
1979.HKTen Pao Group Holdings Limited10.37%$0.2329.45%
6938.TWONewebinfo10.34%$8.3570.00%
0032.HKThe Cross-Harbour (Holdings) Limited10.33%$0.8429.78%
TPBI.BKTPBI Public Company Limited10.33%$0.3061.20%
ALFLE.PAFleury Michon S.A.10.32%$2.6016.71%
0916.HKChina Longyuan Power Group Corporation Limited10.31%$0.7098.82%
KUBE.MERosseti Kuban PJSC10.31%$14.6288.00%
BAZA3.SABanco da Amazônia S.A.10.29%$8.0041.79%
0QON.LAscom Holding AG10.28%$0.3979.12%
NPR.AXNewmark Property REIT10.28%$0.1565.75%
FMG.AXFortescue Ltd10.26%$2.2776.64%
GAGS.VIGurktaler AG10.26%$1.5999.02%
1525.HKShanghai Gench Education Group Limited10.25%$0.2722.33%
LHHOTEL.BKLH Hotel Leasehold Real Estate Investment Trust10.25%$1.3358.58%
WAX.AXWAM Research Limited10.25%$0.1210.33%
0006.HKPower Assets Holdings Limited10.23%$5.6498.48%
151860.KQKG Eco Solution Co.,Ltd.10.21%$561.5130.85%