WESTAIM CORP/THE (WED.CA) Fundamental Analysis & Valuation

TSX-V:WED • US9569251013

Current stock price

23.63 CAD
-1.03 (-4.18%)
Last:

This WED.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

1

1. WED.CA Profitability Analysis

1.1 Basic Checks

  • WED had negative earnings in the past year.
  • WED had a negative operating cash flow in the past year.
  • In multiple years WED reported negative net income over the last 5 years.
  • In the past 5 years WED reported 4 times negative operating cash flow.
WED.CA Yearly Net Income VS EBIT VS OCF VS FCFWED.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M

1.2 Ratios

  • The Return On Assets of WED (-5.01%) is worse than 87.01% of its industry peers.
  • Looking at the Return On Equity, with a value of -6.04%, WED is doing worse than 81.82% of the companies in the same industry.
Industry RankSector Rank
ROA -5.01%
ROE -6.04%
ROIC N/A
ROA(3y)11.53%
ROA(5y)6.5%
ROE(3y)12.4%
ROE(5y)6.91%
ROIC(3y)N/A
ROIC(5y)N/A
WED.CA Yearly ROA, ROE, ROICWED.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30

1.3 Margins

  • WED has a better Gross Margin (51.72%) than 67.53% of its industry peers.
  • In the last couple of years the Gross Margin of WED has grown nicely.
  • WED does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 51.72%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y87.02%
GM growth 5Y4.75%
WED.CA Yearly Profit, Operating, Gross MarginsWED.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500 1K 1.5K 2K

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. WED.CA Health Analysis

2.1 Basic Checks

  • Compared to 1 year ago, WED has less shares outstanding
  • The number of shares outstanding for WED has been reduced compared to 5 years ago.
  • There is no outstanding debt for WED. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
WED.CA Yearly Shares OutstandingWED.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
WED.CA Yearly Total Debt VS Total AssetsWED.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

2.2 Solvency

  • An Altman-Z score of 2.97 indicates that WED is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • WED has a Altman-Z score of 2.97. This is in the better half of the industry: WED outperforms 71.43% of its industry peers.
  • A Debt/Equity ratio of 0.01 indicates that WED is not too dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.01, WED is doing good in the industry, outperforming 77.92% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF N/A
Altman-Z 2.97
ROIC/WACCN/A
WACCN/A
WED.CA Yearly LT Debt VS Equity VS FCFWED.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M 400M 500M

2.3 Liquidity

  • A Current Ratio of 6.06 indicates that WED has no problem at all paying its short term obligations.
  • The Current ratio of WED (6.06) is better than 76.62% of its industry peers.
  • A Quick Ratio of 6.06 indicates that WED has no problem at all paying its short term obligations.
  • WED has a better Quick ratio (6.06) than 76.62% of its industry peers.
Industry RankSector Rank
Current Ratio 6.06
Quick Ratio 6.06
WED.CA Yearly Current Assets VS Current LiabilitesWED.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. WED.CA Growth Analysis

3.1 Past

  • The earnings per share for WED have decreased strongly by -199.93% in the last year.
  • Looking at the last year, WED shows a very strong growth in Revenue. The Revenue has grown by 133.78%.
  • The Revenue has been growing by 13.18% on average over the past years. This is quite good.
EPS 1Y (TTM)-199.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-536.56%
Revenue 1Y (TTM)133.78%
Revenue growth 3Y93.41%
Revenue growth 5Y13.18%
Sales Q2Q%112.15%

3.2 Future

  • Based on estimates for the next years, WED will show a very strong growth in Earnings Per Share. The EPS will grow by 62.19% on average per year.
  • WED is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 30.82% yearly.
EPS Next Y-293.33%
EPS Next 2Y-54.92%
EPS Next 3Y62.19%
EPS Next 5YN/A
Revenue Next Year43.03%
Revenue Next 2Y31.82%
Revenue Next 3Y30.82%
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
WED.CA Yearly Revenue VS EstimatesWED.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 50M 100M 150M 200M
WED.CA Yearly EPS VS EstimatesWED.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 4 6 8

More info and screens

Find the best growth stocksShow best growing peers

1

4. WED.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for WED. In the last year negative earnings were reported.
  • Also next year WED is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
WED.CA Price Earnings VS Forward Price EarningsWED.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -50 -100

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
WED.CA Per share dataWED.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • WED's earnings are expected to grow with 62.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-54.92%
EPS Next 3Y62.19%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. WED.CA Dividend Analysis

5.1 Amount

  • No dividends for WED!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

WED.CA Fundamentals: All Metrics, Ratios and Statistics

WESTAIM CORP/THE

TSX-V:WED (3/30/2026, 7:00:00 PM)

23.63

-1.03 (-4.18%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)03-24
Earnings (Next)05-12
Inst Owners10%
Inst Owner ChangeN/A
Ins Owners7.47%
Ins Owner ChangeN/A
Market Cap792.79M
Revenue(TTM)32.94M
Net Income(TTM)-40.54M
Analysts84.44
Price Target45.9 (94.24%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.04%
Min EPS beat(2)-112.38%
Max EPS beat(2)94.29%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-22.87%
Min Revenue beat(2)-32.22%
Max Revenue beat(2)-13.52%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 17.29
P/FCF N/A
P/OCF N/A
P/B 0.85
P/tB 0.95
EV/EBITDA N/A
EPS(TTM)-2.35
EYN/A
EPS(NY)-0.17
Fwd EYN/A
FCF(TTM)-1.42
FCFYN/A
OCF(TTM)-1.27
OCFYN/A
SpS1.37
BVpS27.86
TBVpS24.93
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -5.01%
ROE -6.04%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 51.72%
FCFM N/A
ROA(3y)11.53%
ROA(5y)6.5%
ROE(3y)12.4%
ROE(5y)6.91%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y87.02%
GM growth 5Y4.75%
F-Score2
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 119.11%
Cap/Sales 10.67%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 6.06
Quick Ratio 6.06
Altman-Z 2.97
F-Score2
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-199.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-536.56%
EPS Next Y-293.33%
EPS Next 2Y-54.92%
EPS Next 3Y62.19%
EPS Next 5YN/A
Revenue 1Y (TTM)133.78%
Revenue growth 3Y93.41%
Revenue growth 5Y13.18%
Sales Q2Q%112.15%
Revenue Next Year43.03%
Revenue Next 2Y31.82%
Revenue Next 3Y30.82%
Revenue Next 5YN/A
EBIT growth 1Y-98.68%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year115.63%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-1056.2%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-937.13%
OCF growth 3YN/A
OCF growth 5YN/A

WESTAIM CORP/THE / WED.CA Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for WESTAIM CORP/THE?

ChartMill assigns a fundamental rating of 3 / 10 to WED.CA.


Can you provide the valuation status for WESTAIM CORP/THE?

ChartMill assigns a valuation rating of 1 / 10 to WESTAIM CORP/THE (WED.CA). This can be considered as Overvalued.


Can you provide the profitability details for WESTAIM CORP/THE?

WESTAIM CORP/THE (WED.CA) has a profitability rating of 1 / 10.


What is the financial health of WESTAIM CORP/THE (WED.CA) stock?

The financial health rating of WESTAIM CORP/THE (WED.CA) is 6 / 10.