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

TSX-V:WED • US9569251013

23.79 CAD
+0.04 (+0.17%)
Last: Feb 27, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall WED gets a fundamental rating of 4 out of 10. We evaluated WED against 80 industry peers in the Capital Markets industry. No worries on liquidiy or solvency for WED as it has an excellent financial health rating, but there are worries on the profitability. While showing a medium growth rate, WED is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year WED has reported negative net income.
  • In the past year WED has reported a negative cash flow from operations.
  • The reported net income has been mixed in the past 5 years: WED reported negative net income in multiple 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

  • Looking at the Return On Assets, with a value of -5.01%, WED is doing worse than 82.28% of the companies in the same industry.
  • The Return On Equity of WED (-6.04%) is worse than 78.48% of its industry peers.
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

  • Looking at the Gross Margin, with a value of 51.72%, WED is in the better half of the industry, outperforming 70.89% of the companies in the same industry.
  • 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

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7

2. Health

2.1 Basic Checks

  • Compared to 1 year ago, WED has less shares outstanding
  • WED has less shares outstanding than it did 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 3.04 indicates that WED is not in any danger for bankruptcy at the moment.
  • With a decent Altman-Z score value of 3.04, WED is doing good in the industry, outperforming 73.42% of the companies in the same industry.
  • A Debt/Equity ratio of 0.01 indicates that WED is not too dependend on debt financing.
  • WED has a better Debt to Equity ratio (0.01) than 81.01% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF N/A
Altman-Z 3.04
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

  • WED has a Current Ratio of 6.06. This indicates that WED is financially healthy and has no problem in meeting its short term obligations.
  • With an excellent Current ratio value of 6.06, WED belongs to the best of the industry, outperforming 82.28% of the companies in the same industry.
  • 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 82.28% 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

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

6

3. Growth

3.1 Past

  • The earnings per share for WED have decreased strongly by -199.93% in the last year.
  • WED shows a strong growth in Revenue. In the last year, 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

  • WED is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 62.19% yearly.
  • The Revenue is expected to grow by 30.82% on average over the next years. This is a very strong growth
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. Valuation

4.1 Price/Earnings Ratio

  • WED reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • 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 -50 100 -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 5 10 15 20 25

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. Dividend

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

WESTAIM CORP/THE

TSX-V:WED (2/27/2026, 7:00:00 PM)

23.79

+0.04 (+0.17%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-13
Earnings (Next)03-24
Inst Owners9.98%
Inst Owner ChangeN/A
Ins Owners8.25%
Ins Owner ChangeN/A
Market Cap798.15M
Revenue(TTM)32.94M
Net Income(TTM)-40.54M
Analysts84.44
Price Target45.9 (92.94%)
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 17.72
P/FCF N/A
P/OCF N/A
P/B 0.87
P/tB 0.97
EV/EBITDA N/A
EPS(TTM)-2.31
EYN/A
EPS(NY)-0.17
Fwd EYN/A
FCF(TTM)-1.39
FCFYN/A
OCF(TTM)-1.25
OCFYN/A
SpS1.34
BVpS27.36
TBVpS24.48
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 3.04
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 Year115.91%
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 FAQ

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

ChartMill assigns a fundamental rating of 4 / 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 7 / 10.