BQE WATER INC (BQE.CA) Stock Fundamental Analysis
TSX-V:BQE - TSX Venture Exchange - CA0556402059 - Common Stock - Currency: CAD
Taking everything into account, BQE scores 6 out of 10 in our fundamental rating. BQE was compared to 24 industry peers in the Commercial Services & Supplies industry. BQE has an excellent financial health rating, but there are some minor concerns on its profitability. BQE is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
BQE had positive earnings in the past year.
BQE had a positive operating cash flow in the past year.
Each year in the past 5 years BQE has been profitable.
In multiple years BQE reported negative operating cash flow during the last 5 years.
1.2 Ratios
BQE has a better Return On Assets (17.79%) than 95.83% of its industry peers.
The Return On Equity of BQE (22.88%) is better than 91.67% of its industry peers.
BQE has a Return On Invested Capital (2.10%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.79% | ||
| ROE | 22.88% | ||
| ROIC | 2.1% |
ROA(3y)13.01%
ROA(5y)13.85%
ROE(3y)16.59%
ROE(5y)17.49%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BQE has a better Profit Margin (27.97%) than 95.83% of its industry peers.
In the last couple of years the Profit Margin of BQE has grown nicely.
BQE has a Operating Margin (3.78%) which is comparable to the rest of the industry.
Looking at the Gross Margin, with a value of 48.95%, BQE belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
BQE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.78% | ||
| PM (TTM) | 27.97% | ||
| GM | 48.95% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.21%
PM growth 5Y45.58%
GM growth 3Y1.06%
GM growth 5Y-0.64%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BQE is destroying value.
BQE has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, BQE has more shares outstanding
Compared to 1 year ago, BQE has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.33 indicates that BQE is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 5.33, BQE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
The Debt to FCF ratio of BQE is 0.82, which is an excellent value as it means it would take BQE, only 0.82 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BQE (0.82) is better than 91.67% of its industry peers.
A Debt/Equity ratio of 0.08 indicates that BQE is not too dependend on debt financing.
BQE's Debt to Equity ratio of 0.08 is amongst the best of the industry. BQE outperforms 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.82 | ||
| Altman-Z | 5.33 |
ROIC/WACC0.27
WACC7.65%
2.3 Liquidity
BQE has a Current Ratio of 3.60. This indicates that BQE is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of BQE (3.60) is better than 95.83% of its industry peers.
BQE has a Quick Ratio of 3.60. This indicates that BQE is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 3.60, BQE belongs to the top of the industry, outperforming 95.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.6 | ||
| Quick Ratio | 3.6 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 77.95% over the past year.
BQE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 79.78% yearly.
The Revenue has decreased by -5.29% in the past year.
The Revenue has been growing by 24.95% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)77.95%
EPS 3Y21.13%
EPS 5Y79.78%
EPS Q2Q%295%
Revenue 1Y (TTM)-5.29%
Revenue growth 3Y31.75%
Revenue growth 5Y24.95%
Sales Q2Q%1.47%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
The Revenue is expected to grow by 18.65% on average over the next years. This is quite good.
EPS Next Y27.99%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year22.91%
Revenue Next 2Y18.65%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
BQE is valuated correctly with a Price/Earnings ratio of 14.82.
BQE's Price/Earnings ratio is rather cheap when compared to the industry. BQE is cheaper than 87.50% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.25. BQE is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 11.58, the valuation of BQE can be described as reasonable.
BQE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BQE is cheaper than 79.17% of the companies in the same industry.
BQE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.15.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.82 | ||
| Fwd PE | 11.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BQE indicates a slightly more expensive valuation: BQE is more expensive than 62.50% of the companies listed in the same industry.
BQE's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.86 | ||
| EV/EBITDA | 68.09 |
4.3 Compensation for Growth
BQE'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 BQE may justify a higher PE ratio.
PEG (NY)0.53
PEG (5Y)0.19
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for BQE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX-V:BQE (5/30/2025, 7:00:00 PM)
55
-0.99 (-1.77%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners0.04%
Inst Owner ChangeN/A
Ins Owners53.13%
Ins Owner ChangeN/A
Market Cap70.95M
Analysts86.67
Price Target81.6 (48.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)75.03%
Min EPS beat(2)58.32%
Max EPS beat(2)91.75%
EPS beat(4)2
Avg EPS beat(4)-34.65%
Min EPS beat(4)-236.64%
Max EPS beat(4)91.75%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-4.54%
Min Revenue beat(2)-5%
Max Revenue beat(2)-4.08%
Revenue beat(4)0
Avg Revenue beat(4)-11.05%
Min Revenue beat(4)-19.09%
Max Revenue beat(4)-4.08%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)5.77%
Revenue NY rev (3m)5.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.82 | ||
| Fwd PE | 11.58 | ||
| P/S | 4.13 | ||
| P/FCF | 29.86 | ||
| P/OCF | 23.98 | ||
| P/B | 3.47 | ||
| P/tB | 3.5 | ||
| EV/EBITDA | 68.09 |
EPS(TTM)3.71
EY6.75%
EPS(NY)4.75
Fwd EY8.63%
FCF(TTM)1.84
FCFY3.35%
OCF(TTM)2.29
OCFY4.17%
SpS13.32
BVpS15.84
TBVpS15.73
PEG (NY)0.53
PEG (5Y)0.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.79% | ||
| ROE | 22.88% | ||
| ROCE | 2.92% | ||
| ROIC | 2.1% | ||
| ROICexc | 2.1% | ||
| ROICexgc | 2.11% | ||
| OM | 3.78% | ||
| PM (TTM) | 27.97% | ||
| GM | 48.95% | ||
| FCFM | 13.83% |
ROA(3y)13.01%
ROA(5y)13.85%
ROE(3y)16.59%
ROE(5y)17.49%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.21%
PM growth 5Y45.58%
GM growth 3Y1.06%
GM growth 5Y-0.64%
F-Score4
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.82 | ||
| Debt/EBITDA | 1.56 | ||
| Cap/Depr | 132.51% | ||
| Cap/Sales | 3.39% | ||
| Interest Coverage | 6.26 | ||
| Cash Conversion | 271.59% | ||
| Profit Quality | 49.46% | ||
| Current Ratio | 3.6 | ||
| Quick Ratio | 3.6 | ||
| Altman-Z | 5.33 |
F-Score4
WACC7.65%
ROIC/WACC0.27
Cap/Depr(3y)81.07%
Cap/Depr(5y)74.58%
Cap/Sales(3y)1.96%
Cap/Sales(5y)1.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)77.95%
EPS 3Y21.13%
EPS 5Y79.78%
EPS Q2Q%295%
EPS Next Y27.99%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.29%
Revenue growth 3Y31.75%
Revenue growth 5Y24.95%
Sales Q2Q%1.47%
Revenue Next Year22.91%
Revenue Next 2Y18.65%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-76.65%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year51.85%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y244.38%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y239.91%
OCF growth 3YN/A
OCF growth 5YN/A