BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) Stock Fundamental Analysis
Canada - TSX:BDGI - CA0565331026 - Common Stock
68.13 CAD
-0.59 (-0.86%)
We assign a fundamental rating of 6 out of 10 to BDGI. BDGI was compared to 7 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BDGI was profitable.
In the past year BDGI had a positive cash flow from operations.
Of the past 5 years BDGI 4 years were profitable.
BDGI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BDGI has a better Return On Assets (7.74%) than 85.71% of its industry peers.
BDGI has a Return On Equity of 20.92%. This is in the better half of the industry: BDGI outperforms 71.43% of its industry peers.
BDGI has a Return On Invested Capital of 11.24%. This is amongst the best in the industry. BDGI outperforms 85.71% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BDGI is in line with the industry average of 9.40%.
The 3 year average ROIC (8.92%) for BDGI is below the current ROIC(11.24%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.74% | ||
| ROE | 20.92% | ||
| ROIC | 11.24% |
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
With an excellent Profit Margin value of 7.20%, BDGI belongs to the best of the industry, outperforming 85.71% 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 (11.56%) than 100.00% of its industry peers.
In the last couple of years the Operating Margin of BDGI has declined.
With a decent Gross Margin value of 29.71%, BDGI is doing good in the industry, outperforming 71.43% 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 | 11.56% | ||
| PM (TTM) | 7.2% | ||
| GM | 29.71% |
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.
The number of shares outstanding for BDGI has been reduced compared to 5 years ago.
The debt/assets ratio for BDGI has been reduced compared to a year ago.
2.2 Solvency
BDGI has an Altman-Z score of 4.18. This indicates that BDGI is financially healthy and has little risk of bankruptcy at the moment.
BDGI's Altman-Z score of 4.18 is amongst the best of the industry. BDGI outperforms 85.71% of its industry peers.
The Debt to FCF ratio of BDGI is 4.84, which is a neutral value as it means it would take BDGI, 4.84 years of fcf income to pay off all of its debts.
BDGI's Debt to FCF ratio of 4.84 is in line compared to the rest of the industry. BDGI outperforms 57.14% of its industry peers.
BDGI has a Debt/Equity ratio of 0.92. This is a neutral value indicating BDGI is somewhat dependend on debt financing.
The Debt to Equity ratio of BDGI (0.92) is worse than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 4.84 | ||
| Altman-Z | 4.18 |
ROIC/WACC1.22
WACC9.22%
2.3 Liquidity
BDGI has a Current Ratio of 1.56. 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 Current ratio of 1.56 is amongst the best of the industry. BDGI outperforms 100.00% of its industry peers.
A Quick Ratio of 1.48 indicates that BDGI should not have too much problems paying its short term obligations.
The Quick ratio of BDGI (1.48) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.56 | ||
| Quick Ratio | 1.48 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.12% over the past year.
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 quite strong growth in Revenue. The Revenue has grown by 8.41% in the last year.
Measured over the past years, BDGI shows a small growth in Revenue. The Revenue has been growing by 2.63% on average per year.
EPS 1Y (TTM)24.12%
EPS 3YN/A
EPS 5Y-0.85%
EPS Q2Q%22.22%
Revenue 1Y (TTM)8.41%
Revenue growth 3Y17.96%
Revenue growth 5Y2.63%
Sales Q2Q%5.66%
3.2 Future
BDGI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.57% yearly.
Based on estimates for the next years, BDGI will show a quite strong growth in Revenue. The Revenue will grow by 9.21% on average per year.
EPS Next Y28.01%
EPS Next 2Y26.33%
EPS Next 3Y23.57%
EPS Next 5YN/A
Revenue Next Year9.63%
Revenue Next 2Y9.26%
Revenue Next 3Y9.21%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
BDGI is valuated quite expensively with a Price/Earnings ratio of 27.70.
BDGI's Price/Earnings ratio is rather cheap when compared to the industry. BDGI is cheaper than 85.71% of the companies in the same industry.
BDGI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.42, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 19.01 indicates a rather expensive valuation of BDGI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BDGI indicates a somewhat cheap valuation: BDGI is cheaper than 71.43% of the companies listed in the same industry.
BDGI's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.7 | ||
| Fwd PE | 19.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BDGI is valued cheaper than 85.71% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as BDGI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.87 | ||
| EV/EBITDA | 11.02 |
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.
BDGI has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as BDGI's earnings are expected to grow with 23.57% in the coming years.
PEG (NY)0.99
PEG (5Y)N/A
EPS Next 2Y26.33%
EPS Next 3Y23.57%
5. Dividend
5.1 Amount
BDGI has a Yearly Dividend Yield of 1.09%. Purely for dividend investing, there may be better candidates out there.
BDGI's Dividend Yield is a higher than the industry average which is at 1.37.
Compared to an average S&P500 Dividend Yield of 2.36, BDGI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
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
5.3 Sustainability
BDGI pays out 31.84% of its income as dividend. This is a sustainable payout ratio.
DP31.84%
EPS Next 2Y26.33%
EPS Next 3Y23.57%
TSX:BDGI (10/17/2025, 7:00:00 PM)
68.13
-0.59 (-0.86%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners58.05%
Inst Owner ChangeN/A
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap2.30B
Analysts78.57
Price Target59.19 (-13.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
Yearly Dividend0.74
Dividend Growth(5Y)-1.23%
DP31.84%
Div Incr Years9
Div Non Decr Years13
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)35.46%
Min EPS beat(2)-3.71%
Max EPS beat(2)74.63%
EPS beat(4)2
Avg EPS beat(4)15.87%
Min EPS beat(4)-7.97%
Max EPS beat(4)74.63%
EPS beat(8)4
Avg EPS beat(8)8.93%
EPS beat(12)5
Avg EPS beat(12)3.65%
EPS beat(16)5
Avg EPS beat(16)-15.39%
Revenue beat(2)0
Avg Revenue beat(2)-2.04%
Min Revenue beat(2)-2.3%
Max Revenue beat(2)-1.78%
Revenue beat(4)0
Avg Revenue beat(4)-1.63%
Min Revenue beat(4)-2.3%
Max Revenue beat(4)-0.21%
Revenue beat(8)3
Avg Revenue beat(8)3.47%
Revenue beat(12)6
Avg Revenue beat(12)10%
Revenue beat(16)7
Avg Revenue beat(16)4.47%
PT rev (1m)2.65%
PT rev (3m)16.38%
EPS NQ rev (1m)1.43%
EPS NQ rev (3m)2.65%
EPS NY rev (1m)-0.1%
EPS NY rev (3m)4.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.26%
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)2.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.7 | ||
| Fwd PE | 19.01 | ||
| P/S | 2.11 | ||
| P/FCF | 29.87 | ||
| P/OCF | 10.71 | ||
| P/B | 6.13 | ||
| P/tB | 6.76 | ||
| EV/EBITDA | 11.02 |
EPS(TTM)2.46
EY3.61%
EPS(NY)3.58
Fwd EY5.26%
FCF(TTM)2.28
FCFY3.35%
OCF(TTM)6.36
OCFY9.34%
SpS32.33
BVpS11.12
TBVpS10.08
PEG (NY)0.99
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.74% | ||
| ROE | 20.92% | ||
| ROCE | 15.61% | ||
| ROIC | 11.24% | ||
| ROICexc | 11.37% | ||
| ROICexgc | 11.89% | ||
| OM | 11.56% | ||
| PM (TTM) | 7.2% | ||
| GM | 29.71% | ||
| FCFM | 7.05% |
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-Score6
Asset Turnover1.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 4.84 | ||
| Debt/EBITDA | 1.43 | ||
| Cap/Depr | 119.37% | ||
| Cap/Sales | 12.62% | ||
| Interest Coverage | 6.17 | ||
| Cash Conversion | 88.89% | ||
| Profit Quality | 98.01% | ||
| Current Ratio | 1.56 | ||
| Quick Ratio | 1.48 | ||
| Altman-Z | 4.18 |
F-Score6
WACC9.22%
ROIC/WACC1.22
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)24.12%
EPS 3YN/A
EPS 5Y-0.85%
EPS Q2Q%22.22%
EPS Next Y28.01%
EPS Next 2Y26.33%
EPS Next 3Y23.57%
EPS Next 5YN/A
Revenue 1Y (TTM)8.41%
Revenue growth 3Y17.96%
Revenue growth 5Y2.63%
Sales Q2Q%5.66%
Revenue Next Year9.63%
Revenue Next 2Y9.26%
Revenue Next 3Y9.21%
Revenue Next 5YN/A
EBIT growth 1Y43.52%
EBIT growth 3YN/A
EBIT growth 5Y0.51%
EBIT Next Year117.43%
EBIT Next 3Y38.01%
EBIT Next 5YN/A
FCF growth 1Y460.22%
FCF growth 3Y62.26%
FCF growth 5YN/A
OCF growth 1Y41.47%
OCF growth 3Y38.88%
OCF growth 5Y5.22%