BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) Stock Fundamental Analysis
TSX:BDGI - Toronto Stock Exchange - CA0565331026 - Common Stock - Currency: CAD
We assign a fundamental rating of 6 out of 10 to BDGI. BDGI was compared to 8 industry peers in the Construction & Engineering industry. While BDGI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. BDGI scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make BDGI a good candidate for value investing.
1. Profitability
1.1 Basic Checks
BDGI had positive earnings in the past year.
BDGI had a positive operating cash flow in the past year.
BDGI had positive earnings in 4 of the past 5 years.
In the past 5 years BDGI always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.42%, BDGI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 19.40%, BDGI belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
The Return On Invested Capital of BDGI (12.70%) is better than 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BDGI is in line with the industry average of 10.22%.
The last Return On Invested Capital (12.70%) for BDGI is above the 3 year average (8.92%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.42% | ||
| ROE | 19.4% | ||
| ROIC | 12.7% |
ROA(3y)5.73%
ROA(5y)3.86%
ROE(3y)14.6%
ROE(5y)9.48%
ROIC(3y)8.92%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 6.53%, BDGI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of BDGI has declined.
BDGI has a better Operating Margin (12.59%) than 100.00% of its industry peers.
In the last couple of years the Operating Margin of BDGI has declined.
Looking at the Gross Margin, with a value of 29.37%, BDGI is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Gross Margin of BDGI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.59% | ||
| PM (TTM) | 6.53% | ||
| GM | 29.37% |
OM growth 3YN/A
OM growth 5Y-2.07%
PM growth 3YN/A
PM growth 5Y-6.77%
GM growth 3Y11.8%
GM growth 5Y-0.97%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BDGI is creating some value.
BDGI has about the same amout of shares outstanding than it did 1 year ago.
BDGI has less shares outstanding than it did 5 years ago.
The debt/assets ratio for BDGI has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.79 indicates that BDGI is not in any danger for bankruptcy at the moment.
The Altman-Z score of BDGI (3.79) is better than 87.50% of its industry peers.
BDGI has a debt to FCF ratio of 4.98. This is a neutral value as BDGI would need 4.98 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.98, BDGI is in line with its industry, outperforming 50.00% of the companies in the same industry.
A Debt/Equity ratio of 0.88 indicates that BDGI is somewhat dependend on debt financing.
BDGI has a Debt to Equity ratio of 0.88. This is in the lower half of the industry: BDGI underperforms 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 4.98 | ||
| Altman-Z | 3.79 |
ROIC/WACC1.42
WACC8.96%
2.3 Liquidity
BDGI has a Current Ratio of 1.54. This is a normal value and indicates that BDGI is financially healthy and should not expect problems in meeting its short term obligations.
BDGI has a better Current ratio (1.54) than 100.00% of its industry peers.
BDGI has a Quick Ratio of 1.46. This is a normal value and indicates that BDGI is financially healthy and should not expect problems in meeting its short term obligations.
BDGI's Quick ratio of 1.46 is amongst the best of the industry. BDGI outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.46 |
3. Growth
3.1 Past
BDGI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.71%, which is quite impressive.
BDGI shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.85% yearly.
Looking at the last year, BDGI shows a small growth in Revenue. The Revenue has grown by 7.67% in the last year.
The Revenue has been growing slightly by 2.63% on average over the past years.
EPS 1Y (TTM)37.71%
EPS 3YN/A
EPS 5Y-0.85%
EPS Q2Q%35.71%
Revenue 1Y (TTM)7.67%
Revenue growth 3Y17.96%
Revenue growth 5Y2.63%
Sales Q2Q%6.85%
3.2 Future
BDGI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.88% yearly.
BDGI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.65% yearly.
EPS Next Y22.66%
EPS Next 2Y20.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.62%
Revenue Next 2Y7.65%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.11, BDGI is valued on the expensive side.
Based on the Price/Earnings ratio, BDGI is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.59. BDGI is valued slightly cheaper when compared to this.
BDGI is valuated correctly with a Price/Forward Earnings ratio of 14.21.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BDGI indicates a somewhat cheap valuation: BDGI is cheaper than 75.00% of the companies listed in the same industry.
BDGI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.11 | ||
| Fwd PE | 14.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BDGI is valued cheaper than 100.00% of the companies in the same industry.
BDGI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BDGI is cheaper than 87.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.17 | ||
| EV/EBITDA | 7.81 |
4.3 Compensation for Growth
BDGI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of BDGI may justify a higher PE ratio.
A more expensive valuation may be justified as BDGI's earnings are expected to grow with 20.88% in the coming years.
PEG (NY)0.89
PEG (5Y)N/A
EPS Next 2Y20.88%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BDGI has a Yearly Dividend Yield of 1.66%.
Compared to an average industry Dividend Yield of 1.66, BDGI pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.39, BDGI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.66% |
5.2 History
The dividend of BDGI decreases each year by -1.23%.
BDGI has paid a dividend for at least 10 years, which is a reliable track record.
BDGI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-1.23%
Div Incr Years9
Div Non Decr Years13
5.3 Sustainability
36.15% of the earnings are spent on dividend by BDGI. This is a low number and sustainable payout ratio.
DP36.15%
EPS Next 2Y20.88%
EPS Next 3YN/A
TSX:BDGI (6/6/2025, 7:00:00 PM)
45.45
+0.14 (+0.31%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners58.1%
Inst Owner ChangeN/A
Ins Owners0.36%
Ins Owner ChangeN/A
Market Cap1.54B
Analysts78.57
Price Target50.86 (11.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.66% |
Yearly Dividend0.72
Dividend Growth(5Y)-1.23%
DP36.15%
Div Incr Years9
Div Non Decr Years13
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)37.58%
Min EPS beat(2)0.54%
Max EPS beat(2)74.63%
EPS beat(4)2
Avg EPS beat(4)14.54%
Min EPS beat(4)-9.04%
Max EPS beat(4)74.63%
EPS beat(8)4
Avg EPS beat(8)8.45%
EPS beat(12)5
Avg EPS beat(12)1.49%
EPS beat(16)5
Avg EPS beat(16)-25.94%
Revenue beat(2)0
Avg Revenue beat(2)-1.26%
Min Revenue beat(2)-2.3%
Max Revenue beat(2)-0.21%
Revenue beat(4)1
Avg Revenue beat(4)-0.31%
Min Revenue beat(4)-2.3%
Max Revenue beat(4)3.48%
Revenue beat(8)3
Avg Revenue beat(8)3.38%
Revenue beat(12)7
Avg Revenue beat(12)10.26%
Revenue beat(16)7
Avg Revenue beat(16)3.47%
PT rev (1m)-1.21%
PT rev (3m)-0.22%
EPS NQ rev (1m)2.86%
EPS NQ rev (3m)-2.09%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.48%
Revenue NQ rev (1m)-2.49%
Revenue NQ rev (3m)-2.8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.11 | ||
| Fwd PE | 14.21 | ||
| P/S | 1.49 | ||
| P/FCF | 23.17 | ||
| P/OCF | 7.71 | ||
| P/B | 4.43 | ||
| P/tB | 4.91 | ||
| EV/EBITDA | 7.81 |
EPS(TTM)2.26
EY4.97%
EPS(NY)3.2
Fwd EY7.04%
FCF(TTM)1.96
FCFY4.32%
OCF(TTM)5.9
OCFY12.98%
SpS30.48
BVpS10.26
TBVpS9.26
PEG (NY)0.89
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.42% | ||
| ROE | 19.4% | ||
| ROCE | 17.63% | ||
| ROIC | 12.7% | ||
| ROICexc | 12.73% | ||
| ROICexgc | 13.34% | ||
| OM | 12.59% | ||
| PM (TTM) | 6.53% | ||
| GM | 29.37% | ||
| FCFM | 6.44% |
ROA(3y)5.73%
ROA(5y)3.86%
ROE(3y)14.6%
ROE(5y)9.48%
ROIC(3y)8.92%
ROIC(5y)N/A
ROICexc(3y)8.94%
ROICexc(5y)N/A
ROICexgc(3y)9.42%
ROICexgc(5y)N/A
ROCE(3y)12.38%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y0.44%
ROICexc growth 3YN/A
ROICexc growth 5Y0.7%
OM growth 3YN/A
OM growth 5Y-2.07%
PM growth 3YN/A
PM growth 5Y-6.77%
GM growth 3Y11.8%
GM growth 5Y-0.97%
F-Score7
Asset Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 4.98 | ||
| Debt/EBITDA | 1.28 | ||
| Cap/Depr | 122.09% | ||
| Cap/Sales | 12.91% | ||
| Interest Coverage | 6.52 | ||
| Cash Conversion | 83.53% | ||
| Profit Quality | 98.59% | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.46 | ||
| Altman-Z | 3.79 |
F-Score7
WACC8.96%
ROIC/WACC1.42
Cap/Depr(3y)134.18%
Cap/Depr(5y)112.77%
Cap/Sales(3y)13.94%
Cap/Sales(5y)12.5%
Profit Quality(3y)49.98%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)37.71%
EPS 3YN/A
EPS 5Y-0.85%
EPS Q2Q%35.71%
EPS Next Y22.66%
EPS Next 2Y20.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.67%
Revenue growth 3Y17.96%
Revenue growth 5Y2.63%
Sales Q2Q%6.85%
Revenue Next Year6.62%
Revenue Next 2Y7.65%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y62.98%
EBIT growth 3YN/A
EBIT growth 5Y0.51%
EBIT Next Year110.65%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y780.83%
FCF growth 3Y62.26%
FCF growth 5YN/A
OCF growth 1Y108.87%
OCF growth 3Y38.88%
OCF growth 5Y5.22%