The Westaim Corporation Logo

The Westaim Corporation

WED.V

(2.5)
Stock Price

5,10 CAD

11.67% ROA

12.54% ROE

5.87x PER

Market Cap.

377.421.679,80 CAD

0.01% DER

0% Yield

61.61% NPM

The Westaim Corporation Stock Analysis

The Westaim Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

The Westaim Corporation Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (34.94%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 PBV

The stock's low PBV ratio (0.82x) suggests it's undervalued, making it an attractive opportunity for investors.

4 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

5 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

6 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

9 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

The company's stock appears overvalued (2) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

The Westaim Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

The Westaim Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

The Westaim Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

The Westaim Corporation Revenue
Year Revenue Growth
1996 53.123.175
1997 64.430.468 17.55%
1998 55.306.427 -16.5%
1999 79.553.628 30.48%
2000 85.197.365 6.62%
2001 43.268.458 -96.9%
2002 31.165.133 -38.84%
2003 13.328.928 -133.82%
2004 26.820.021 50.3%
2005 24.591.267 -9.06%
2006 23.670.956 -3.89%
2007 32.142.148 26.36%
2008 18.403.451 -74.65%
2009 0 0%
2010 270.365.741 100%
2011 358.962.781 24.68%
2012 306.585 -116984.26%
2013 395.390 22.46%
2014 24.193.270 98.37%
2015 16.023.000 -50.99%
2016 -1.485.000 1178.99%
2017 14.754.000 110.07%
2018 24.137.000 38.87%
2019 16.873.000 -43.05%
2020 -27.473.000 161.42%
2021 31.700.000 186.67%
2022 25.674.000 -23.47%
2023 100.096.000 74.35%
2023 211.273.000 52.62%
2024 -10.216.000 2168.06%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

The Westaim Corporation Research and Development Expenses
Year Research and Development Expenses Growth
1996 0
1997 0 0%
1998 15.272.632 100%
1999 16.547.034 7.7%
2000 20.075.677 17.58%
2001 12.211.000 -64.41%
2002 16.319.833 25.18%
2003 19.801.674 17.58%
2004 29.521.986 32.93%
2005 31.439.252 6.1%
2006 32.533.073 3.36%
2007 6.418.401 -406.87%
2008 3.764.995 -70.48%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

The Westaim Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 7.942.481 100%
2009 0 0%
2010 183.506.638 100%
2011 259.011.753 29.15%
2012 12.415.186 -1986.25%
2013 3.242.953 -282.84%
2014 828.695 -291.33%
2015 2.472.000 66.48%
2016 1.936.000 -27.69%
2017 2.262.000 14.41%
2018 1.942.000 -16.48%
2019 1.971.000 1.47%
2020 2.012.000 2.04%
2021 1.887.000 -6.62%
2022 2.385.000 20.88%
2023 2.796.000 14.7%
2023 2.375.000 -17.73%
2024 4.836.000 50.89%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

The Westaim Corporation EBITDA
Year EBITDA Growth
1996 -20.577.933
1997 -18.099.231 -13.7%
1998 -13.972.834 -29.53%
1999 -10.239.882 -36.46%
2000 -12.478.665 17.94%
2001 -29.254.606 57.34%
2002 -10.516.670 -178.17%
2003 -20.789.076 49.41%
2004 -20.517.766 -1.32%
2005 -19.684.829 -4.23%
2006 -34.778.835 43.4%
2007 -9.439.062 -268.46%
2008 -7.647.494 -23.43%
2009 -4.946.996 -54.59%
2010 30.846.064 116.04%
2011 74.356.513 58.52%
2012 -33.512.258 321.88%
2013 -4.434.761 -655.67%
2014 -29.127.543 84.77%
2015 -22.201.000 -31.2%
2016 -3.355.000 -561.73%
2017 -8.821.000 61.97%
2018 -3.903.000 -126.01%
2019 9.511.000 141.04%
2020 -34.131.000 127.87%
2021 28.576.000 219.44%
2022 19.645.000 -45.46%
2023 92.168.000 78.69%
2023 186.418.000 50.56%
2024 -83.464.000 323.35%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

The Westaim Corporation Gross Profit
Year Gross Profit Growth
1996 -3.210.742
1997 4.821.803 166.59%
1998 18.652.109 74.15%
1999 18.071.379 -3.21%
2000 19.899.655 9.19%
2001 10.114.172 -96.75%
2002 15.420.118 34.41%
2003 8.742.577 -76.38%
2004 19.600.475 55.4%
2005 15.293.067 -28.17%
2006 8.808.147 -73.62%
2007 17.381.831 49.33%
2008 8.047.659 -115.99%
2009 0 0%
2010 270.365.741 100%
2011 358.962.781 24.68%
2012 306.585 -116984.26%
2013 395.390 22.46%
2014 1.025.964 61.46%
2015 1.606.000 36.12%
2016 -1.485.000 208.15%
2017 11.024.000 113.47%
2018 20.391.000 45.94%
2019 16.873.000 -20.85%
2020 -27.473.000 161.42%
2021 31.700.000 186.67%
2022 25.674.000 -23.47%
2023 100.096.000 74.35%
2023 211.273.000 52.62%
2024 -10.216.000 2168.06%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

The Westaim Corporation Net Profit
Year Net Profit Growth
1996 -14.083.479
1997 -21.383.648 34.14%
1998 -10.073.439 -112.28%
1999 -16.475.113 38.86%
2000 -9.768.303 -68.66%
2001 -42.374.532 76.95%
2002 -31.607.994 -34.06%
2003 -26.603.223 -18.81%
2004 -20.942.973 -27.03%
2005 7.982.473 362.36%
2006 -43.374.099 118.4%
2007 -58.602.007 25.99%
2008 -8.410.025 -596.81%
2009 495.654 1796.75%
2010 54.161.334 99.08%
2011 32.077.375 -68.85%
2012 103.546.334 69.02%
2013 -3.484.321 3071.78%
2014 17.197.594 120.26%
2015 7.640.000 -125.1%
2016 -8.295.000 192.1%
2017 5.575.000 248.79%
2018 16.793.000 66.8%
2019 8.524.000 -97.01%
2020 -34.400.000 124.78%
2021 28.210.000 221.94%
2022 17.961.000 -57.06%
2023 92.300.000 80.54%
2023 183.982.000 49.83%
2024 -68.204.000 369.75%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

The Westaim Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1996 -9
1997 -14 35.71%
1998 -7 -133.33%
1999 -11 40%
2000 -6 -66.67%
2001 -27 77.78%
2002 -20 -35%
2003 -17 -17.65%
2004 -12 -41.67%
2005 4 400%
2006 -23 117.39%
2007 -31 25.81%
2008 -4 -675%
2009 0 0%
2010 6 100%
2011 3 -150%
2012 8 71.43%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 1 0%
2023 1 100%
2024 -1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

The Westaim Corporation Free Cashflow
Year Free Cashflow Growth
1996 -510.800
1997 14.884.695 103.43%
1998 -23.721.324 162.75%
1999 -33.039.130 28.2%
2000 -24.483.266 -34.95%
2001 -1.712.860 -1329.38%
2002 -21.070.330 91.87%
2003 -25.922.770 18.72%
2004 -38.824.651 33.23%
2005 -54.757.850 29.1%
2006 -45.950.679 -19.17%
2007 -33.545.171 -36.98%
2008 -988.497 -3293.55%
2009 -6.115.939 83.84%
2010 -28.291.473 78.38%
2011 6.315.376 547.98%
2012 22.587.778 72.04%
2013 -3.523.766 741.01%
2014 -2.741.071 -28.55%
2015 -1.748.000 -56.81%
2016 -4.132.000 57.7%
2017 68.000 6176.47%
2018 -3.619.000 101.88%
2019 1.342.000 369.67%
2020 18.508.000 92.75%
2021 -5.128.000 460.92%
2022 -2.460.000 -108.46%
2023 -3.092.000 20.44%
2023 -275.000 -1024.36%
2024 -1.549.000 82.25%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

The Westaim Corporation Operating Cashflow
Year Operating Cashflow Growth
1996 7.953.882
1997 24.388.539 67.39%
1998 389.939 -6154.45%
1999 -18.860.523 102.07%
2000 -15.326.045 -23.06%
2001 3.198.738 579.13%
2002 -16.485.781 119.4%
2003 -16.570.268 0.51%
2004 -19.332.974 14.29%
2005 -28.278.105 31.63%
2006 -38.633.711 26.8%
2007 -31.073.084 -24.33%
2008 64.913 47968.81%
2009 -6.102.569 101.06%
2010 -24.642.057 75.24%
2011 11.484.818 314.56%
2012 22.587.778 49.15%
2013 -3.523.766 741.01%
2014 -2.572.231 -36.99%
2015 -1.734.000 -48.34%
2016 -4.063.000 57.32%
2017 80.000 5178.75%
2018 -3.601.000 102.22%
2019 1.345.000 367.73%
2020 18.542.000 92.75%
2021 -5.118.000 462.29%
2022 -2.460.000 -108.05%
2023 -3.092.000 20.44%
2023 -275.000 -1024.36%
2024 -1.549.000 82.25%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

The Westaim Corporation Capital Expenditure
Year Capital Expenditure Growth
1996 8.464.682
1997 9.503.843 10.93%
1998 24.111.263 60.58%
1999 14.178.606 -70.05%
2000 9.157.222 -54.84%
2001 4.911.598 -86.44%
2002 4.584.549 -7.13%
2003 9.352.501 50.98%
2004 19.491.677 52.02%
2005 26.479.745 26.39%
2006 7.316.968 -261.9%
2007 2.472.087 -195.98%
2008 1.053.410 -134.67%
2009 13.370 -7778.91%
2010 3.649.416 99.63%
2011 5.169.442 29.4%
2012 0 0%
2013 0 0%
2014 168.840 100%
2015 14.000 -1106%
2016 69.000 79.71%
2017 12.000 -475%
2018 18.000 33.33%
2019 3.000 -500%
2020 34.000 91.18%
2021 10.000 -240%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

The Westaim Corporation Equity
Year Equity Growth
1996 248.029.772
1997 216.561.844 -14.53%
1998 183.011.633 -18.33%
1999 178.836.837 -2.33%
2000 183.803.519 2.7%
2001 131.045.275 -40.26%
2002 100.497.185 -30.4%
2003 95.481.937 -5.25%
2004 122.944.894 22.34%
2005 149.033.552 17.51%
2006 107.911.536 -38.11%
2007 68.795.230 -56.86%
2008 50.004.929 -37.58%
2009 55.393.944 9.73%
2010 374.759.038 85.22%
2011 408.680.705 8.3%
2012 34.791.873 -1074.64%
2013 29.022.230 -19.88%
2014 167.118.343 82.63%
2015 326.088.000 48.75%
2016 318.505.000 -2.38%
2017 326.042.000 2.31%
2018 345.179.000 5.54%
2019 354.673.000 2.68%
2020 320.522.000 -10.65%
2021 347.677.000 7.81%
2022 363.074.000 4.24%
2023 495.751.000 26.76%
2023 518.346.000 4.36%
2024 507.333.000 -2.17%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

The Westaim Corporation Assets
Year Assets Growth
1996 284.442.498
1997 244.304.682 -16.43%
1998 200.298.953 -21.97%
1999 199.694.192 -0.3%
2000 206.390.532 3.24%
2001 149.611.756 -37.95%
2002 117.986.648 -26.8%
2003 111.744.263 -5.59%
2004 143.296.969 22.02%
2005 182.935.036 21.67%
2006 127.263.872 -43.74%
2007 84.203.405 -51.14%
2008 63.497.945 -32.61%
2009 69.302.836 8.38%
2010 1.270.222.764 94.54%
2011 1.269.474.045 -0.06%
2012 39.570.579 -3108.13%
2013 33.407.214 -18.45%
2014 174.202.746 80.82%
2015 335.508.000 48.08%
2016 329.168.000 -1.93%
2017 386.190.000 14.77%
2018 397.399.000 2.82%
2019 410.749.000 3.25%
2020 377.353.000 -8.85%
2021 401.661.000 6.05%
2022 413.292.000 2.81%
2023 510.924.000 19.11%
2023 551.821.000 7.41%
2024 551.598.000 -0.04%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

The Westaim Corporation Liabilities
Year Liabilities Growth
1996 36.412.726
1997 27.742.837 -31.25%
1998 17.287.320 -60.48%
1999 20.857.355 17.12%
2000 22.587.013 7.66%
2001 18.566.480 -21.65%
2002 17.489.463 -6.16%
2003 16.262.326 -7.55%
2004 20.352.074 20.09%
2005 33.901.483 39.97%
2006 19.352.336 -75.18%
2007 15.408.173 -25.6%
2008 13.493.015 -14.19%
2009 13.908.891 2.99%
2010 895.463.725 98.45%
2011 860.793.339 -4.03%
2012 4.778.705 -17913.11%
2013 4.384.984 -8.98%
2014 7.084.402 38.1%
2015 9.420.000 24.79%
2016 10.663.000 11.66%
2017 60.148.000 82.27%
2018 52.220.000 -15.18%
2019 56.076.000 6.88%
2020 56.831.000 1.33%
2021 53.984.000 -5.27%
2022 50.218.000 -7.5%
2023 15.173.000 -230.97%
2023 33.475.000 54.67%
2024 44.265.000 24.38%

The Westaim Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.81
Net Income per Share
0.5
Price to Earning Ratio
5.87x
Price To Sales Ratio
3.61x
POCF Ratio
-23.66
PFCF Ratio
-23.62
Price to Book Ratio
0.74
EV to Sales
0.85
EV Over EBITDA
1.34
EV to Operating CashFlow
-5.56
EV to FreeCashFlow
-5.56
Earnings Yield
0.17
FreeCashFlow Yield
-0.04
Market Cap
0,38 Bil.
Enterprise Value
0,09 Bil.
Graham Number
6.68
Graham NetNet
1.91

Income Statement Metrics

Net Income per Share
0.5
Income Quality
-0.25
ROE
0.13
Return On Assets
0.12
Return On Capital Employed
0.12
Net Income per EBT
0.97
EBT Per Ebit
1
Ebit per Revenue
0.63
Effective Tax Rate
0.03

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.03
Gross Profit Margin
1
Operating Profit Margin
0.63
Pretax Profit Margin
0.63
Net Profit Margin
0.62

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.12
Free CashFlow per Share
-0.12
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.13
Return on Tangible Assets
0.12
Days Sales Outstanding
5.57
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
65.54
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
2,25
Book Value per Share
3,95
Tangible Book Value per Share
3.95
Shareholders Equity per Share
3.95
Interest Debt per Share
0
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
-4.34
Current Ratio
18.93
Tangible Asset Value
0,51 Bil.
Net Current Asset Value
0,25 Bil.
Invested Capital
274944000
Working Capital
0,27 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,01 Bil.
Average Inventory
-206312500
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

The Westaim Corporation Dividends
Year Dividends Growth
2012 1
2020 0 0%

The Westaim Corporation Profile

About The Westaim Corporation

The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. For direct investments, the firm invests in early venture, mid venture, late venture, middle market, later stage, mature, emerging growth, PIPEs, and buyout transactions. For fund of fund investments, it seeks to invest in private equity funds, venture capital funds, and hedge funds. The firm seeks to provide long term capital to businesses operating in the global financial services industry. It typically acquires controlling interests in businesses. The firm seeks to acquire debt, equity, or derivative securities of both public and private companies. It invests with the objective of providing its shareholders with capital appreciation and real wealth preservation. The firm seeks to provide its portfolio companies with advisory services including, but not limited to, advice on capital allocation, financing strategy, performance measurement and merger and acquisition support. It also seeks to partner with like-minded providers of third party capital to help supplement the firm's own capital, when completing acquisitions. The firm generally seeks to hold its investments for seven to 15 years. The Westaim Corporation was founded in 1996 and is based in Toronto, Canada.

CEO
Mr. John Cameron MacDonald CFA
Employee
7
Address
70 York Street
Toronto, M5J 1S9

The Westaim Corporation Executives & BODs

The Westaim Corporation Executives & BODs
# Name Age
1 Mr. John Cameron MacDonald CFA
President, Chief Executive Officer & Director
70
2 Mr. William R. Andrus
Advisor
70
3 Mr. Nakul Randev
Principal
70
4 Mr. Glenn Garry MacNeil C.A., C.M.A., CPA, CFA, CPA
Chief Financial Officer
70
5 Mr. Robert Terrance Kittel CFA, CPA
Chief Operating Officer
70
6 Mr. Stephen Lyndon Way
Chief Executive of HIIG
70
7 Ms. Cristina Nunes
Advisor
70
8 Mr. Ian W. Delaney
Executive Chairman of the Board
70
9 Ms. Karen Woodfield
Controller
70

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