The Westaim Corporation (TSXV:WED)

The Westaim Corporation Statistics

Total Valuation

TSXV:WED has a market cap or net worth of CAD 774.96 million. The enterprise value is 403.13 million.

Market Cap	774.96M
Enterprise Value	403.13M

Important Dates

Earnings Date	n/a
Ex-Dividend Date	n/a

Share Statistics

TSXV:WED has 33.33 million shares outstanding. The number of shares has increased by 42.09% in one year.

Current Share Class	33.33M
Shares Outstanding	33.33M
Shares Change (YoY)	+42.09%
Shares Change (QoQ)	-0.12%
Owned by Insiders (%)	6.86%
Owned by Institutions (%)	10.75%
Float	19.04M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	8.37
PB Ratio	0.86
P/TBV Ratio	0.97
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-7.74
EV / Sales	4.35
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	-23.10

Financial Position

The company has a current ratio of 3.66, with a Debt / Equity ratio of 0.01.

Current Ratio	3.66
Quick Ratio	3.46
Debt / Equity	0.01
Debt / EBITDA	n/a
Debt / FCF	-0.57
Interest Coverage	-63.88

Financial Efficiency

Return on equity (ROE) is -6.16% and return on invested capital (ROIC) is -13.09%.

Return on Equity (ROE)	-6.16%
Return on Assets (ROA)	-3.97%
Return on Invested Capital (ROIC)	-13.09%
Return on Capital Employed (ROCE)	-5.82%
Weighted Average Cost of Capital (WACC)	3.50%
Revenue Per Employee	11.58M
Profits Per Employee	-6.51M
Employee Count	8
Asset Turnover	0.10
Inventory Turnover	n/a

Taxes

Income Tax	-11.54M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -17.82% in the last 52 weeks. The beta is -0.14, so TSXV:WED's price volatility has been lower than the market average.

Beta (5Y)	-0.14
52-Week Price Change	-17.82%
50-Day Moving Average	24.36
200-Day Moving Average	26.72
Relative Strength Index (RSI)	41.78
Average Volume (20 Days)	8,337

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TSXV:WED had revenue of CAD 92.62 million and -52.11 million in losses. Loss per share was -1.71.

Revenue	92.62M
Gross Profit	92.62M
Operating Income	-58.51M
Pretax Income	-60.30M
Net Income	-52.11M
EBITDA	-53.17M
EBIT	-58.51M
Loss Per Share	-1.71

Balance Sheet

The company has 388.23 million in cash and 9.94 million in debt, with a net cash position of 378.29 million or 11.35 per share.

Cash & Cash Equivalents	388.23M
Total Debt	9.94M
Net Cash	378.29M
Net Cash Per Share	11.35
Equity (Book Value)	902.00M
Book Value Per Share	26.87
Working Capital	319.27M

Cash Flow

In the last 12 months, operating cash flow was -6.62 million and capital expenditures -10.84 million, giving a free cash flow of -17.45 million.

Operating Cash Flow	-6.62M
Capital Expenditures	-10.84M
Depreciation & Amortization	5.39M
Net Borrowing	-20.41M
Free Cash Flow	-17.45M
FCF Per Share	-0.52

Margins

Gross margin is 100.00%, with operating and profit margins of -63.17% and -56.26%.

Gross Margin	100.00%
Operating Margin	-63.17%
Pretax Margin	-65.10%
Profit Margin	-56.26%
EBITDA Margin	-57.40%
EBIT Margin	-63.17%
FCF Margin	n/a

Dividends & Yields

TSXV:WED does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-42.09%
Shareholder Yield	-42.09%
Earnings Yield	-6.72%
FCF Yield	-2.25%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on January 2, 2025. It was a reverse split with a ratio of 0.1666667.

Last Split Date	Jan 2, 2025
Split Type	Reverse
Split Ratio	0.1666667

Scores

TSXV:WED has an Altman Z-Score of 2.65 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.65
Piotroski F-Score	2