BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:BDGI • CA0565331026

76.99 CAD
-1.36 (-1.74%)
Last: Jan 30, 2026, 07:00 PM
Fundamental Rating

6

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 has a great health rating, its profitability is only average at the moment. BDGI is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, BDGI could be worth investigating further for growth investing!.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • BDGI had positive earnings in the past year.
  • In the past year BDGI had a positive cash flow from operations.
  • 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.
BDGI.CA Yearly Net Income VS EBIT VS OCF VS FCFBDGI.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

1.2 Ratios

  • The Return On Assets of BDGI (7.99%) is better than 75.00% of its industry peers.
  • BDGI has a Return On Equity of 21.06%. This is in the better half of the industry: BDGI outperforms 75.00% of its industry peers.
  • BDGI's Return On Invested Capital of 9.84% is fine compared to the rest of the industry. BDGI outperforms 75.00% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for BDGI is significantly below the industry average of 71.07%.
  • The 3 year average ROIC (8.92%) for BDGI is below the current ROIC(9.84%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 7.99%
ROE 21.06%
ROIC 9.84%
ROA(3y)5.73%
ROA(5y)3.86%
ROE(3y)14.6%
ROE(5y)9.48%
ROIC(3y)8.92%
ROIC(5y)N/A
BDGI.CA Yearly ROA, ROE, ROICBDGI.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20

1.3 Margins

  • BDGI has a Profit Margin of 7.66%. This is amongst the best in the industry. BDGI outperforms 87.50% of its industry peers.
  • BDGI's Profit Margin has declined in the last couple of years.
  • With an excellent Operating Margin value of 10.16%, BDGI belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
  • BDGI's Operating Margin has declined in the last couple of years.
  • BDGI's Gross Margin of 29.83% is fine compared to the rest of the industry. BDGI outperforms 75.00% of its industry peers.
  • BDGI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 10.16%
PM (TTM) 7.66%
GM 29.83%
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%
BDGI.CA Yearly Profit, Operating, Gross MarginsBDGI.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

7

2. Health

2.1 Basic Checks

  • BDGI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, BDGI has about the same amount of shares outstanding.
  • Compared to 5 years ago, BDGI has less shares outstanding
  • Compared to 1 year ago, BDGI has an improved debt to assets ratio.
BDGI.CA Yearly Shares OutstandingBDGI.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
BDGI.CA Yearly Total Debt VS Total AssetsBDGI.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • An Altman-Z score of 4.39 indicates that BDGI is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of BDGI (4.39) is better than 87.50% of its industry peers.
  • BDGI has a debt to FCF ratio of 4.54. This is a neutral value as BDGI would need 4.54 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 4.54, BDGI is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.82 indicates that BDGI is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.82, BDGI is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 4.54
Altman-Z 4.39
ROIC/WACC1.03
WACC9.59%
BDGI.CA Yearly LT Debt VS Equity VS FCFBDGI.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

2.3 Liquidity

  • A Current Ratio of 1.48 indicates that BDGI should not have too much problems paying its short term obligations.
  • BDGI has a Current ratio of 1.48. This is amongst the best in the industry. BDGI outperforms 100.00% of its industry peers.
  • A Quick Ratio of 1.40 indicates that BDGI should not have too much problems paying its short term obligations.
  • The Quick ratio of BDGI (1.40) is better than 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.48
Quick Ratio 1.4
BDGI.CA Yearly Current Assets VS Current LiabilitesBDGI.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

7

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 36.88% over the past year.
  • Measured over the past 5 years, BDGI shows a small growth in Earnings Per Share. The EPS has been growing by 4.88% on average per year.
  • Looking at the last year, BDGI shows a quite strong growth in Revenue. The Revenue has grown by 10.18% in the last year.
  • BDGI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.63% yearly.
EPS 1Y (TTM)36.88%
EPS 3YN/A
EPS 5Y4.88%
EPS Q2Q%26.47%
Revenue 1Y (TTM)10.18%
Revenue growth 3Y17.96%
Revenue growth 5Y2.63%
Sales Q2Q%8.11%

3.2 Future

  • The Earnings Per Share is expected to grow by 25.41% on average over the next years. This is a very strong growth
  • BDGI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.20% yearly.
EPS Next Y29.09%
EPS Next 2Y26.6%
EPS Next 3Y25.41%
EPS Next 5YN/A
Revenue Next Year11.38%
Revenue Next 2Y10.41%
Revenue Next 3Y10.2%
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.
BDGI.CA Yearly Revenue VS EstimatesBDGI.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
BDGI.CA Yearly EPS VS EstimatesBDGI.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 2 3

5

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 29.50, the valuation of BDGI can be described as expensive.
  • BDGI's Price/Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Earnings ratio is at 28.30. BDGI is around the same levels.
  • With a Price/Forward Earnings ratio of 22.20, BDGI is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of BDGI indicates a somewhat cheap valuation: BDGI is cheaper than 62.50% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of BDGI to the average of the S&P500 Index (25.57), we can say BDGI is valued inline with the index average.
Industry RankSector Rank
PE 29.5
Fwd PE 22.2
BDGI.CA Price Earnings VS Forward Price EarningsBDGI.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BDGI indicates a rather cheap valuation: BDGI is cheaper than 87.50% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of BDGI indicates a somewhat cheap valuation: BDGI is cheaper than 75.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 33.65
EV/EBITDA 13.25
BDGI.CA Per share dataBDGI.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • BDGI has a very decent profitability rating, which may justify a higher PE ratio.
  • BDGI's earnings are expected to grow with 25.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.01
PEG (5Y)6.05
EPS Next 2Y26.6%
EPS Next 3Y25.41%

5

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.96%, BDGI is not a good candidate for dividend investing.
  • BDGI's Dividend Yield is a higher than the industry average which is at 0.89.
  • Compared to an average S&P500 Dividend Yield of 1.83, BDGI's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.96%

5.2 History

  • The dividend of BDGI decreases each year by -1.23%.
  • BDGI has been paying a dividend for at least 10 years, so it has a reliable track record.
  • BDGI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-1.23%
Div Incr Years9
Div Non Decr Years13
BDGI.CA Yearly Dividends per shareBDGI.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

  • BDGI pays out 29.17% of its income as dividend. This is a sustainable payout ratio.
DP29.17%
EPS Next 2Y26.6%
EPS Next 3Y25.41%
BDGI.CA Yearly Income VS Free CF VS DividendBDGI.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M
BDGI.CA Dividend Payout.BDGI.CA Dividend Payout, showing the Payout Ratio.BDGI.CA Dividend Payout.PayoutRetained Earnings

BADGER INFRASTRUCTURE SOLUTI / BDGI.CA FAQ

What is the ChartMill fundamental rating of BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) stock?

ChartMill assigns a fundamental rating of 6 / 10 to BDGI.CA.


What is the valuation status of BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) stock?

ChartMill assigns a valuation rating of 5 / 10 to BADGER INFRASTRUCTURE SOLUTI (BDGI.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for BADGER INFRASTRUCTURE SOLUTI?

BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) has a profitability rating of 6 / 10.


What is the earnings growth outlook for BADGER INFRASTRUCTURE SOLUTI?

The Earnings per Share (EPS) of BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) is expected to grow by 29.09% in the next year.


Is the dividend of BADGER INFRASTRUCTURE SOLUTI sustainable?

The dividend rating of BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) is 5 / 10 and the dividend payout ratio is 29.17%.