In This Article:
Wajax (TSE:WJX) Full Year 2024 Results
Key Financial Results
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Revenue: CA$2.10b (down 2.6% from FY 2023).
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Net income: CA$42.8m (down 47% from FY 2023).
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Profit margin: 2.0% (down from 3.8% in FY 2023).
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EPS: CA$1.97 (down from CA$3.77 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Wajax Earnings Insights
Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Trade Distributors industry in Canada.
Performance of the Canadian Trade Distributors industry.
The company's shares are down 15% from a week ago.
Valuation
It's possible that Wajax could be undervalued with our 6-factor valuation analysis indicating a potential opportunity. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.