Logo image of WED.CA

WESTAIM CORP/THE (WED.CA) Stock Fundamental Analysis

TSX-V:WED - US9569251013 - Common Stock

28.75 CAD
+0.15 (+0.52%)
Last: 8/22/2025, 7:00:00 PM
Fundamental Rating

5

Overall WED gets a fundamental rating of 5 out of 10. We evaluated WED against 77 industry peers in the Capital Markets industry. WED has a great financial health rating, but its profitability evaluates not so good. WED is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

2

1. Profitability

1.1 Basic Checks

WED had negative earnings in the past year.
WED had a negative operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: WED reported negative net income in multiple years.
WED had negative operating cash flow in 4 of the past 5 years.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M

1.2 Ratios

WED has a Return On Assets of -9.15%. This is amonst the worse of the industry: WED underperforms 83.12% of its industry peers.
WED has a Return On Equity of -9.57%. This is amonst the worse of the industry: WED underperforms 81.82% of its industry peers.
Industry RankSector Rank
ROA -9.15%
ROE -9.57%
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30

1.3 Margins

Looking at the Gross Margin, with a value of 92.00%, WED belongs to the top of the industry, outperforming 84.42% of the companies in the same industry.
WED's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for WED so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 92%
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500 1K 1.5K 2K

More info and screens

9

2. Health

2.1 Basic Checks

WED has less shares outstanding than it did 1 year ago.
The number of shares outstanding for WED has been reduced compared to 5 years ago.
WED has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
WED.CA Yearly Shares OutstandingWED.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

2.2 Solvency

An Altman-Z score of 19.01 indicates that WED is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 19.01, WED belongs to the top of the industry, outperforming 93.51% of the companies in the same industry.
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.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 19.01
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M 400M 500M

2.3 Liquidity

A Current Ratio of 10.79 indicates that WED has no problem at all paying its short term obligations.
WED has a better Current ratio (10.79) than 89.61% of its industry peers.
WED has a Quick Ratio of 10.79. This indicates that WED is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 10.79, WED belongs to the best of the industry, outperforming 89.61% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 10.79
Quick Ratio 10.79
WED.CA Yearly Current Assets VS Current LiabilitesWED.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

More info and screens

6

3. Growth

3.1 Past

The earnings per share for WED have decreased strongly by -145.16% in the last year.
WED shows a strong growth in Revenue. In the last year, the Revenue has grown by 117.40%.
The Revenue has been growing by 13.18% on average over the past years. This is quite good.
EPS 1Y (TTM)-145.16%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-94.12%
Revenue 1Y (TTM)117.4%
Revenue growth 3Y93.41%
Revenue growth 5Y13.18%
Sales Q2Q%63.62%

3.2 Future

The Earnings Per Share is expected to grow by 62.19% on average over the next years. This is a very strong growth
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 2014 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 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 4 6 8

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for WED. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for WED. No positive earnings are expected for the next year.
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 -150

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 5 10 15 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

0

5. Dividend

5.1 Amount

WED does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

WESTAIM CORP/THE

TSX-V:WED (8/22/2025, 7:00:00 PM)

28.75

+0.15 (+0.52%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)08-15 2025-08-15
Earnings (Next)11-11 2025-11-11
Inst Owners8.89%
Inst Owner ChangeN/A
Ins Owners8.33%
Ins Owner ChangeN/A
Market Cap964.56M
Analysts84.44
Price Target45.9 (59.65%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
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)-3.23%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-183.33%
EPS NY rev (1m)-480%
EPS NY rev (3m)-480%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)39.81%
Revenue NY rev (1m)35.96%
Revenue NY rev (3m)35.96%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 37.43
P/FCF N/A
P/OCF N/A
P/B 1.41
P/tB 1.41
EV/EBITDA N/A
EPS(TTM)-3.04
EYN/A
EPS(NY)-0.17
Fwd EYN/A
FCF(TTM)-1.63
FCFYN/A
OCF(TTM)-1.63
OCFYN/A
SpS0.77
BVpS20.32
TBVpS20.32
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -9.15%
ROE -9.57%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 92%
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
ROICexcg growth 3YN/A
ROICexcg 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-Score5
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 10.79
Quick Ratio 10.79
Altman-Z 19.01
F-Score5
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)-145.16%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-94.12%
EPS Next Y-293.33%
EPS Next 2Y-54.92%
EPS Next 3Y62.19%
EPS Next 5YN/A
Revenue 1Y (TTM)117.4%
Revenue growth 3Y93.41%
Revenue growth 5Y13.18%
Sales Q2Q%63.62%
Revenue Next Year43.03%
Revenue Next 2Y31.82%
Revenue Next 3Y30.82%
Revenue Next 5YN/A
EBIT growth 1Y-167.54%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year115.63%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-554.55%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-554.41%
OCF growth 3YN/A
OCF growth 5YN/A