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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 91 33 91 91
2. Watsco (XL, US)  Trading & Distribution
2. Watsco (XL, US)   Trading & Distribution 15 99 86 86
3. Fastenal (XL, US)  Trading & Distribution
3. Fastenal (XL, US)   Trading & Distribution 11 93 78 68
4. Finning International (XL, CA)  Trading & Distribution
4. Finning International (XL, CA)   Trading & Distribution 83 75 23 67
5. Boise Cascade (XL, US)  Trading & Distribution
5. Boise Cascade (XL, US)   Trading & Distribution 53 47 79 59
6. W.W. Grainger (XXL, US)  Trading & Distribution
6. W.W. Grainger (XXL, US)   Trading & Distribution 9 95 36 44
7. Applied Industrial Technologies (XL, US)  Trading & Distribution
7. Applied Industrial Technologies (XL, US)   Trading & Distribution 13 51 71 44
8. Toromont (XL, CA)  Trading & Distribution
8. Toromont (XL, CA)   Trading & Distribution 19 41 72 40
9. WESCO International (XXL, US)  Trading & Distribution
9. WESCO International (XXL, US)   Trading & Distribution 75 13 41 39
10. United Rentals (XL, US)  Trading & Distribution
10. United Rentals (XL, US)   Trading & Distribution 51 51 18 26

September 12, 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 79 91 90 100
2. ATCO (XL, CA)  Multi-Utilities
2. ATCO (XL, CA)   Multi-Utilities 97 71 89 100
3. CCL (XL, CA)  Metal & Glass Containers
3. CCL (XL, CA)   Metal & Glass Containers 39 92 87 99
4. Canadian Tire (XXL, CA)  General Merchandise Stores
4. Canadian Tire (XXL, CA)   General Merchandise Stores 81 93 57 96
5. Fairfax (XXL, CA)  Property & Casualty Insurance
5. Fairfax (XXL, CA)   Property & Casualty Insurance 75 71 65 96
6. Barrick Gold (XL, CA)  Gold Production
6. Barrick Gold (XL, CA)   Gold Production 72 67 72 96
7. Linamar (XL, CA)  Auto Parts & Equipment
7. Linamar (XL, CA)   Auto Parts & Equipment 85 45 100 96
8. VersaBank (XXL, CA)  Regional Banks
8. VersaBank (XXL, CA)   Regional Banks 59 79 83 95
9. Cenovus (XXL, CA)  Oil & Gas Integrated
9. Cenovus (XXL, CA)   Oil & Gas Integrated 87 21 85 93
10. West Fraser (XL, CA)  Forest Products
10. West Fraser (XL, CA)   Forest Products 61 95 66 92

September 12, 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 61 67 98 98
2. Herc (L, US)  Trading & Distribution
2. Herc (L, US)   Trading & Distribution 97 75 7 77
3. GATX (L, US)  Trading & Distribution
3. GATX (L, US)   Trading & Distribution 47 65 4 76
4. Mcgrath RentCorp (M, US)  Trading & Distribution
4. Mcgrath RentCorp (M, US)   Trading & Distribution 91 13 70 72
5. Air Lease (L, US)  Trading & Distribution
5. Air Lease (L, US)   Trading & Distribution 89 37 42 61
6. MRC Global (L, US)  Trading & Distribution
6. MRC Global (L, US)   Trading & Distribution 57 41 73 53
7. Systemax (L, US)  Trading & Distribution
7. Systemax (L, US)   Trading & Distribution 57 75 26 50
8. NOW (L, US)  Trading & Distribution
8. NOW (L, US)   Trading & Distribution 47 55 60 50
9. Richelieu Hardware (L, CA)  Trading & Distribution
9. Richelieu Hardware (L, CA)   Trading & Distribution 27 13 88 35
10. Fortress Transportation and Infrastructure Investors (M, US)  Trading & Distribution
10. Fortress Transportation and Infrastructure Investors (M, US)   Trading & Distribution 17 56 33 16

September 12, 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 71 100 100
2. Fairfax India Holdings (M, CA)  Asset Management & Custody
2. Fairfax India Holdings (M, CA)   Asset Management & Custody 51 93 81 100
3. Lassonde (L, CA)  Packaged Foods & Meats
3. Lassonde (L, CA)   Packaged Foods & Meats 91 91 82 100
4. Canadian Utilities (L, CA)  Multi-Utilities
4. Canadian Utilities (L, CA)   Multi-Utilities 95 31 85 99
5. Centerra (L, CA)  Gold Production
5. Centerra (L, CA)   Gold Production 92 43 92 98
6. Onex (L, CA)  Asset Management & Custody
6. Onex (L, CA)   Asset Management & Custody 51 87 85 97
7. Paramount (L, CA)  Oil & Gas Production
7. Paramount (L, CA)   Oil & Gas Production 73 71 88 96
8. Nuvei (M, CA)  Data Processing & Outsourcing
8. Nuvei (M, CA)   Data Processing & Outsourcing 91 97 31 95
9. Enghouse Systems (M, CA)  Application Software
9. Enghouse Systems (M, CA)   Application Software 94 40 95 95
10. B2Gold (L, CA)  Gold Production
10. B2Gold (L, CA)   Gold Production 94 25 88 94

September 12, 2024



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