BQE WATER INC (BQE.CA) Stock Fundamental Analysis
TSX-V:BQE - TSX Venture Exchange - CA0556402059 - Common Stock - Currency: CAD
BQE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 24 industry peers in the Commercial Services & Supplies industry. BQE is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. BQE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year BQE was profitable.
In the past year BQE had a positive cash flow from operations.
Each year in the past 5 years BQE has been profitable.
The reported operating cash flow has been mixed in the past 5 years: BQE reported negative operating cash flow in multiple years.
1.2 Ratios
BQE's Return On Assets of 17.79% is amongst the best of the industry. BQE outperforms 95.83% of its industry peers.
BQE's Return On Equity of 22.88% is amongst the best of the industry. BQE outperforms 91.67% of its industry peers.
The Return On Invested Capital of BQE (2.10%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.79% | ||
| ROE | 22.88% | ||
| ROIC | 2.1% |
ROA(3y)13.04%
ROA(5y)13.87%
ROE(3y)16.68%
ROE(5y)17.54%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BQE's Profit Margin of 27.97% is amongst the best of the industry. BQE outperforms 95.83% of its industry peers.
In the last couple of years the Profit Margin of BQE has grown nicely.
With a Operating Margin value of 3.78%, BQE perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
BQE's Gross Margin of 48.95% is amongst the best of the industry. BQE outperforms 91.67% of its industry peers.
In the last couple of years the Gross Margin of BQE has remained more or less at the same level.
| 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.
Compared to 1 year ago, BQE has more shares outstanding
The number of shares outstanding for BQE has been increased compared to 5 years ago.
The debt/assets ratio for BQE has been reduced compared to a year ago.
2.2 Solvency
BQE has an Altman-Z score of 4.86. This indicates that BQE is financially healthy and has little risk of bankruptcy at the moment.
BQE has a Altman-Z score of 4.86. This is amongst the best in the industry. BQE outperforms 95.83% of its industry peers.
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.
BQE's Debt to FCF ratio of 0.82 is amongst the best of the industry. BQE outperforms 95.83% of its industry peers.
BQE has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of BQE (0.08) is better than 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.82 | ||
| Altman-Z | 4.86 |
ROIC/WACC0.23
WACC8.99%
2.3 Liquidity
A Current Ratio of 3.60 indicates that BQE has no problem at all paying its short term obligations.
Looking at the Current 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.
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.
With an excellent Quick ratio value of 3.60, BQE belongs to the best 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
BQE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 77.95%, which is quite impressive.
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 14.02, which indicates a correct valuation of BQE.
Based on the Price/Earnings ratio, BQE is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
BQE is valuated rather cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.95 indicates a reasonable valuation of BQE.
BQE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BQE is cheaper than 75.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.03. BQE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.02 | ||
| Fwd PE | 10.95 |
4.2 Price Multiples
62.50% of the companies in the same industry are cheaper than BQE, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, BQE is valued a bit cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.23 | ||
| EV/EBITDA | 63.37 |
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)0.5
PEG (5Y)0.18
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 (6/20/2025, 7:00:00 PM)
52
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners0.34%
Inst Owner ChangeN/A
Ins Owners52.79%
Ins Owner ChangeN/A
Market Cap67.08M
Analysts86.67
Price Target81.6 (56.92%)
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)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.02 | ||
| Fwd PE | 10.95 | ||
| P/S | 3.9 | ||
| P/FCF | 28.23 | ||
| P/OCF | 22.68 | ||
| P/B | 3.28 | ||
| P/tB | 3.31 | ||
| EV/EBITDA | 63.37 |
EPS(TTM)3.71
EY7.13%
EPS(NY)4.75
Fwd EY9.13%
FCF(TTM)1.84
FCFY3.54%
OCF(TTM)2.29
OCFY4.41%
SpS13.32
BVpS15.84
TBVpS15.73
PEG (NY)0.5
PEG (5Y)0.18
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)13.04%
ROA(5y)13.87%
ROE(3y)16.68%
ROE(5y)17.54%
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 | 4.86 |
F-Score4
WACC8.99%
ROIC/WACC0.23
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