BQE WATER INC (BQE.CA) Stock Fundamental Analysis
TSX-V:BQE - TSX Venture Exchange - CA0556402059 - Common Stock - Currency: CAD
We assign a fundamental rating of 6 out of 10 to BQE. 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.
In the past year BQE had a positive cash flow from operations.
BQE had positive earnings in each of the past 5 years.
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
With an excellent Return On Assets value of 17.79%, BQE belongs to the best of the industry, outperforming 95.83% of the companies in the same industry.
The Return On Equity of BQE (22.88%) is better than 95.83% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.10%, BQE is in line with its industry, outperforming 45.83% of the companies in the same industry.
| 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 Profit Margin of 27.97%. This is amongst the best in the industry. BQE outperforms 100.00% of its industry peers.
BQE's Profit Margin has improved in the last couple of years.
BQE has a Operating Margin (3.78%) which is comparable to the rest of the industry.
BQE has a better Gross Margin (48.95%) than 87.50% 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
BQE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
BQE has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, BQE has more shares outstanding
BQE has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.09 indicates that BQE is not in any danger for bankruptcy at the moment.
BQE's Altman-Z score of 5.09 is amongst the best of the industry. BQE outperforms 100.00% of its industry peers.
BQE has a debt to FCF ratio of 0.82. This is a very positive value and a sign of high solvency as it would only need 0.82 years to pay back of all of its debts.
BQE has a better Debt to FCF ratio (0.82) 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 | 5.09 |
ROIC/WACC0.28
WACC7.55%
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.
The Quick ratio of BQE (3.60) is better than 95.83% of its industry peers.
| 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.
The Earnings Per Share has been growing by 79.78% on average over the past years. This is a very strong growth
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%299.85%
Revenue 1Y (TTM)-5.29%
Revenue growth 3Y31.75%
Revenue growth 5Y24.95%
Sales Q2Q%-11.5%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y37.2%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year16.2%
Revenue Next 2YN/A
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.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
BQE is valuated correctly with a Price/Earnings ratio of 14.59.
Compared to the rest of the industry, the Price/Earnings ratio of BQE indicates a rather cheap valuation: BQE is cheaper than 87.50% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.12, BQE is valued a bit cheaper.
The Price/Forward Earnings ratio is 11.37, which indicates a very decent valuation of BQE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BQE indicates a rather cheap valuation: BQE is cheaper than 83.33% of the companies listed in the same industry.
BQE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 11.37 |
4.2 Price Multiples
BQE's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. BQE is more expensive than 62.50% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BQE is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.31 | ||
| EV/EBITDA | 65.72 |
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)0.39
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 (5/8/2025, 7:00:00 PM)
53.99
+2.84 (+5.55%)
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 Cap69.65M
Analysts86.67
Price Target81.6 (51.14%)
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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)-10.62%
Min Revenue beat(2)-17.15%
Max Revenue beat(2)-4.08%
Revenue beat(4)0
Avg Revenue beat(4)-14.09%
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)-1.5%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 11.37 | ||
| P/S | 4.05 | ||
| P/FCF | 29.31 | ||
| P/OCF | 23.54 | ||
| P/B | 3.41 | ||
| P/tB | 3.43 | ||
| EV/EBITDA | 65.72 |
EPS(TTM)3.7
EY6.85%
EPS(NY)4.75
Fwd EY8.79%
FCF(TTM)1.84
FCFY3.41%
OCF(TTM)2.29
OCFY4.25%
SpS13.32
BVpS15.84
TBVpS15.73
PEG (NY)0.39
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)13.01%
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 | 5.09 |
F-Score4
WACC7.55%
ROIC/WACC0.28
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%299.85%
EPS Next Y37.2%
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%-11.5%
Revenue Next Year16.2%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-76.65%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year55.56%
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