The Westaim Corp WED
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
Mountain Ridge Capital and Alpine Ridge Funding Announce Closing of $110 Million Senior Credit Facility from Wells Fargo Capital Finance
-
Westaim Announces Details for Investor Day and Shareholders Meeting
-
The Westaim Corporation Reports Q4 and Full Year 2023 Results
-
The Westaim Corporation Recognized on the TSX Venture 50 List
Trading Information
- Previous Close Price
- CAD 3.70
- Day Range
- CAD 3.68–3.75
- 52-Week Range
- CAD 2.81–3.92
- Bid/Ask
- CAD 3.73 / CAD 3.78
- Market Cap
- CAD 481.07 Mil
- Volume/Avg
- 29,613 / 126,561
Key Statistics
- Price/Earnings (Normalized)
- 2.05
- Price/Sales
- 1.84
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 7.47%
Company Profile
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. It invests, directly and indirectly, through acquisitions, joint ventures, and other arrangements, to provide its shareholders with capital appreciation and real wealth preservation. The group seeks to acquire debt, equity, or derivative securities of both public and private companies. The company derives revenue mostly from interest income and dividend income. Geographically, it has a business presence in the U.S., Asia Pacific, Canada, Europe, and other countries.
- Sector
- Financial Services
- Industry
- Asset Management
- Stock Style Box
- Small Growth
- Total Number of Employees
- 8
- Website
- https://www.westaim.com
Comparables
Valuation
|
Metric
|
WED
|
FSZ
|
NGI
|
|---|---|---|---|
Price/Earnings (Normalized) | 2.05 | 7.77 | 11.65 |
Price/Book Value | 0.71 | 2.29 | 0.71 |
Price/Sales | 1.84 | 1.37 | 1.51 |
Price/Cash Flow | — | 6.36 | 5.57 |
Price/Earnings
WED
FSZ
NGI
Financial Strength
|
Metric
|
WED
|
FSZ
|
NGI
|
|---|---|---|---|
Quick Ratio | — | 1.09 | 0.31 |
Current Ratio | — | 1.17 | 0.31 |
Interest Coverage | — | 2.71 | 0.27 |
Quick Ratio
WED
FSZ
NGI
Profitability
|
Metric
|
WED
|
FSZ
|
NGI
|
|---|---|---|---|
Return on Assets (Normalized) | 36.55% | 6.77% | 1.30% |
Return on Equity (Normalized) | 39.85% | 27.37% | 2.37% |
Return on Invested Capital (Normalized) | — | 11.49% | −10.02% |
Return on Assets
WED
FSZ
NGI
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