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Alternative stocks to Wajax (TSX:WJX)


These are the alternatives to Wajax that fall within the same industry, Trading & Distribution, or region, Canada.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

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Wajax stock research in summary

wajax.com


Wajax shares are less expensive than other comparable stocks. While they are good value, they are riskily financed, and show below average growth. We recommend evaluating whether the future of the company Wajax is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.


Latest Obermatt Ranks


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Country Canada
Industry Trading & Distribution
Index
Size class Large

Large companies - similar industry as Wajax

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Russel Metals (XL, CA)  Trading & Distribution
1. Russel Metals (XL, CA)   Trading & Distribution 89 45 93 98
2. Watsco (XL, US)  Trading & Distribution
2. Watsco (XL, US)   Trading & Distribution 15 99 86 88
3. Finning International (XL, CA)  Trading & Distribution
3. Finning International (XL, CA)   Trading & Distribution 81 83 20 65
4. Fastenal (XL, US)  Trading & Distribution
4. Fastenal (XL, US)   Trading & Distribution 11 85 76 58
5. Boise Cascade (XL, US)  Trading & Distribution
5. Boise Cascade (XL, US)   Trading & Distribution 39 51 79 52
6. W.W. Grainger (XXL, US)  Trading & Distribution
6. W.W. Grainger (XXL, US)   Trading & Distribution 7 95 39 41
7. WESCO International (XXL, US)  Trading & Distribution
7. WESCO International (XXL, US)   Trading & Distribution 63 31 41 41
8. Applied Industrial Technologies (XL, US)  Trading & Distribution
8. Applied Industrial Technologies (XL, US)   Trading & Distribution 13 55 63 34
9. MSC Industrial Direct (XL, US)  Trading & Distribution
9. MSC Industrial Direct (XL, US)   Trading & Distribution 51 5 56 21
10. Toromont (XL, CA)  Trading & Distribution
10. Toromont (XL, CA)   Trading & Distribution 19 19 72 18

October 17, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Wajax

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Celestica (XL, CA)  Electr. Manufacturing Services
1. Celestica (XL, CA)   Electr. Manufacturing Services 73 93 80 100
2. Linamar (XL, CA)  Auto Parts & Equipment
2. Linamar (XL, CA)   Auto Parts & Equipment 85 65 98 100
3. ATCO (XL, CA)  Multi-Utilities
3. ATCO (XL, CA)   Multi-Utilities 97 67 89 100
4. Russel Metals (XL, CA)  Trading & Distribution
4. Russel Metals (XL, CA)   Trading & Distribution 89 45 93 98
5. CCL (XL, CA)  Metal & Glass Containers
5. CCL (XL, CA)   Metal & Glass Containers 41 85 87 97
6. Fairfax (XXL, CA)  Property & Casualty Insurance
6. Fairfax (XXL, CA)   Property & Casualty Insurance 71 71 65 96
7. West Fraser (XL, CA)  Forest Products
7. West Fraser (XL, CA)   Forest Products 65 97 64 96
8. Barrick Gold (XL, CA)  Gold Production
8. Barrick Gold (XL, CA)   Gold Production 84 67 74 94
9. VersaBank (XXL, CA)  Regional Banks
9. VersaBank (XXL, CA)   Regional Banks 43 79 84 91
10. Manulife Financial (XXL, CA)  Life & Health Insurance
10. Manulife Financial (XXL, CA)   Life & Health Insurance 57 51 100 91

October 17, 2024


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Mid sized companies - similar industry as Wajax

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Karat Packaging (M, US)  Trading & Distribution
1. Karat Packaging (M, US)   Trading & Distribution 59 61 98 98
2. Herc (L, US)  Trading & Distribution
2. Herc (L, US)   Trading & Distribution 95 89 4 83
3. GATX (L, US)  Trading & Distribution
3. GATX (L, US)   Trading & Distribution 53 63 4 76
4. Mcgrath RentCorp (M, US)  Trading & Distribution
4. Mcgrath RentCorp (M, US)   Trading & Distribution 93 53 70 72
5. Titan Machinery (L, US)  Trading & Distribution
5. Titan Machinery (L, US)   Trading & Distribution 91 1 71 71
6. Air Lease (L, US)  Trading & Distribution
6. Air Lease (L, US)   Trading & Distribution 91 33 42 61
7. Systemax (L, US)  Trading & Distribution
7. Systemax (L, US)   Trading & Distribution 51 85 26 50
8. NOW (L, US)  Trading & Distribution
8. NOW (L, US)   Trading & Distribution 39 47 60 50
9. MRC Global (L, US)  Trading & Distribution
9. MRC Global (L, US)   Trading & Distribution 59 17 71 41
10. Richelieu Hardware (L, CA)  Trading & Distribution
10. Richelieu Hardware (L, CA)   Trading & Distribution 35 11 88 35

October 17, 2024


Mid sized companies - similar region as Wajax

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Magellan Aerospace (M, CA)  Aerospace & Defense
1. Magellan Aerospace (M, CA)   Aerospace & Defense 97 83 98 100
2. Paramount (L, CA)  Oil & Gas Production
2. Paramount (L, CA)   Oil & Gas Production 77 75 84 100
3. Onex (L, CA)  Asset Management & Custody
3. Onex (L, CA)   Asset Management & Custody 57 91 85 100
4. Centerra (L, CA)  Gold Production
4. Centerra (L, CA)   Gold Production 92 43 92 98
5. Lassonde (L, CA)  Packaged Foods & Meats
5. Lassonde (L, CA)   Packaged Foods & Meats 89 89 84 98
6. Canadian Utilities (L, CA)  Multi-Utilities
6. Canadian Utilities (L, CA)   Multi-Utilities 93 47 85 97
7. Western Forest Products (L, CA)  Forest Products
7. Western Forest Products (L, CA)   Forest Products 67 85 67 95
8. Leon's Furniture (L, CA)  Homefurnishing Retail
8. Leon's Furniture (L, CA)   Homefurnishing Retail 79 87 71 95
9. Enghouse Systems (M, CA)  Application Software
9. Enghouse Systems (M, CA)   Application Software 94 36 98 95
10. Nuvei (M, CA)  Data Processing & Outsourcing
10. Nuvei (M, CA)   Data Processing & Outsourcing 93 93 30 95

October 17, 2024



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