Summer Sale
50% off Premium Yearly
Opinions Michael Sprung
Wajax CorpWJX.TOCOMMENTSep 04, 2013
Stock price when the opinion was issued
As of Jun 22, 2026. Market Open.
You might be interested:
;fill-opacity:1;'/%3e%3cpath%20d='M31%2018.6001V30H8V18.6001L14.1334%2022.4334L19.4999%2014L24.8669%2022.4334L31%2018.6001Z'%20fill='%23EE5432'%20style='fill:%23EE5432;fill:color(display-p3%200.9340%200.3310%200.1956);fill-opacity:1;'/%3e%3c/svg%3e){kind=small}
Premium content
Premium contentBilly Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Cheap at 11x earnings. A cyclical company that has never reached over 20x multiple. They continued their dividends during the pandemic. Sales missed but EPS beat by 20%. Cash flow is good. The small size presents some risks but it is doing many things right. Unlock Premium - Try 5i Free
Stockchase InsightsPremium contentPremium contentPremium content
Greg Newman
They cut their dividend, but he sees this as pretty safe with a 60% payout ratio. He models 45% EPS growth. Their balance sheet has gotten much better. The cycle is just starting to come on with equipment makers, and is trading at about a 6-point discount to Finning. Trades at about 13.8X with Finning at around 19X.
They are adamant they cannot cut the dividend. He thinks they should because the cash flow does not cover it. It is not on his list of safe dividend payers. He is short this stock.
James Hodgins
Likes this. Has come off quite a bit, which is largely a reflection of the slowdown we have seen in mining and, to some extent, in the need for equipment in oil/gas industry as well. Extremely well run company. Still tends to pay out a fairly healthy dividend (6.6%). Thinks there will be a turnaround in the mining sector in the next business cycle and this would not be a bad entry point. For the shorter-term, this may be stalled out.