BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) Stock Fundamental Analysis
TSX:BDGI - Toronto Stock Exchange - CA0565331026 - Common Stock - Currency: CAD
BDGI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 7 industry peers in the Construction & Engineering industry. BDGI has only an average score on both its financial health and profitability. BDGI scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes BDGI very considerable for value investing!
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.
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 Return On Assets of 6.03%. This is amongst the best in the industry. BDGI outperforms 100.00% of its industry peers.
Looking at the Return On Equity, with a value of 15.65%, BDGI belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
BDGI has a Return On Invested Capital of 10.03%. This is amongst the best in the industry. BDGI outperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.03% | ||
| ROE | 15.65% | ||
| ROIC | 10.03% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BDGI has a Profit Margin of 5.71%. This is amongst the best in the industry. BDGI outperforms 85.71% of its industry peers.
In the last couple of years the Profit Margin of BDGI has declined.
BDGI has a better Operating Margin (10.06%) than 100.00% of its industry peers.
BDGI's Operating Margin has declined in the last couple of years.
BDGI has a better Gross Margin (28.47%) than 71.43% of its industry peers.
BDGI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.06% | ||
| PM (TTM) | 5.71% | ||
| GM | 28.47% |
OM growth 3Y10.99%
OM growth 5Y-11.36%
PM growth 3Y11.37%
PM growth 5Y-11.13%
GM growth 3Y-0.49%
GM growth 5Y-2.11%
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.
There is no outstanding debt for BDGI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 3.31 indicates that BDGI is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 3.31, BDGI belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
BDGI has a debt to FCF ratio of 10.45. This is a negative value and a sign of low solvency as BDGI would need 10.45 years to pay back of all of its debts.
BDGI has a Debt to FCF ratio (10.45) which is in line with its industry peers.
BDGI has a Debt/Equity ratio of 0.86. This is a neutral value indicating BDGI is somewhat dependend on debt financing.
BDGI has a worse Debt to Equity ratio (0.86) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 10.45 | ||
| Altman-Z | 3.31 |
ROIC/WACC1.06
WACC9.47%
2.3 Liquidity
A Current Ratio of 1.73 indicates that BDGI should not have too much problems paying its short term obligations.
With an excellent Current ratio value of 1.73, BDGI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
BDGI has a Quick Ratio of 1.63. This is a normal value and indicates that BDGI is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.63, BDGI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.63 |
3. Growth
3.1 Past
BDGI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.48%, which is quite impressive.
The Earnings Per Share has been decreasing by -9.40% on average over the past years.
Looking at the last year, BDGI shows a quite strong growth in Revenue. The Revenue has grown by 10.80% in the last year.
Measured over the past years, BDGI shows a small growth in Revenue. The Revenue has been growing by 2.13% on average per year.
EPS 1Y (TTM)28.48%
EPS 3Y16.32%
EPS 5Y-9.4%
EPS Q2Q%0.02%
Revenue 1Y (TTM)10.8%
Revenue growth 3Y6.97%
Revenue growth 5Y2.13%
Sales Q2Q%7.07%
3.2 Future
Based on estimates for the next years, BDGI will show a very strong growth in Earnings Per Share. The EPS will grow by 32.10% on average per year.
Based on estimates for the next years, BDGI will show a quite strong growth in Revenue. The Revenue will grow by 12.70% on average per year.
EPS Next Y31.6%
EPS Next 2Y34.2%
EPS Next 3Y32.1%
EPS Next 5YN/A
Revenue Next Year15.65%
Revenue Next 2Y12.88%
Revenue Next 3Y12.7%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BDGI is valuated rather expensively with a Price/Earnings ratio of 19.50.
85.71% of the companies in the same industry are more expensive than BDGI, based on the Price/Earnings ratio.
BDGI is valuated rather cheaply when we compare the Price/Earnings ratio to 29.63, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 13.66, which indicates a correct valuation of BDGI.
BDGI's Price/Forward Earnings ratio is rather cheap when compared to the industry. BDGI is cheaper than 85.71% of the companies in the same industry.
BDGI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.51 | ||
| Fwd PE | 13.66 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BDGI is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as BDGI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.72 | ||
| EV/EBITDA | 7.81 |
4.3 Compensation for Growth
The 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.
BDGI's earnings are expected to grow with 32.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.62
PEG (5Y)N/A
EPS Next 2Y34.2%
EPS Next 3Y32.1%
5. Dividend
5.1 Amount
BDGI has a Yearly Dividend Yield of 1.84%.
BDGI's Dividend Yield is a higher than the industry average which is at 1.74.
Compared to an average S&P500 Dividend Yield of 2.27, BDGI has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
5.2 History
The dividend of BDGI has a limited annual growth rate of 0.27%.
BDGI has paid a dividend for at least 10 years, which is a reliable track record.
BDGI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.27%
Div Incr Years8
Div Non Decr Years12
5.3 Sustainability
43.03% of the earnings are spent on dividend by BDGI. This is a bit on the high side, but may be sustainable.
The dividend of BDGI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP43.03%
EPS Next 2Y34.2%
EPS Next 3Y32.1%
TSX:BDGI (2/21/2025, 7:00:00 PM)
39.01
-0.11 (-0.28%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners58.1%
Inst Owner ChangeN/A
Ins Owners0.36%
Ins Owner ChangeN/A
Market Cap1.33B
Analysts80
Price Target50.97 (30.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
Yearly Dividend0.42
Dividend Growth(5Y)0.27%
DP43.03%
Div Incr Years8
Div Non Decr Years12
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-8.5%
Min EPS beat(2)-9.04%
Max EPS beat(2)-7.97%
EPS beat(4)1
Avg EPS beat(4)-9.89%
Min EPS beat(4)-59.8%
Max EPS beat(4)37.25%
EPS beat(8)2
Avg EPS beat(8)-8.03%
EPS beat(12)3
Avg EPS beat(12)-26.16%
EPS beat(16)3
Avg EPS beat(16)-102.94%
Revenue beat(2)1
Avg Revenue beat(2)0.63%
Min Revenue beat(2)-2.22%
Max Revenue beat(2)3.48%
Revenue beat(4)2
Avg Revenue beat(4)2.27%
Min Revenue beat(4)-2.22%
Max Revenue beat(4)9.36%
Revenue beat(8)5
Avg Revenue beat(8)11.79%
Revenue beat(12)7
Avg Revenue beat(12)7.84%
Revenue beat(16)7
Avg Revenue beat(16)1.98%
PT rev (1m)1.81%
PT rev (3m)-0.28%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-28.93%
EPS NY rev (1m)1.65%
EPS NY rev (3m)-2.33%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)-6.07%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.51 | ||
| Fwd PE | 13.66 | ||
| P/S | 1.28 | ||
| P/FCF | 39.72 | ||
| P/OCF | 6.87 | ||
| P/B | 3.52 | ||
| P/tB | 3.89 | ||
| EV/EBITDA | 7.81 |
EPS(TTM)2
EY5.13%
EPS(NY)2.86
Fwd EY7.32%
FCF(TTM)0.98
FCFY2.52%
OCF(TTM)5.68
OCFY14.55%
SpS30.43
BVpS11.09
TBVpS10.04
PEG (NY)0.62
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.03% | ||
| ROE | 15.65% | ||
| ROCE | 13.1% | ||
| ROIC | 10.03% | ||
| ROICexc | 10.12% | ||
| ROICexgc | 10.6% | ||
| OM | 10.06% | ||
| PM (TTM) | 5.71% | ||
| GM | 28.47% | ||
| FCFM | 3.23% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 3Y10.99%
OM growth 5Y-11.36%
PM growth 3Y11.37%
PM growth 5Y-11.13%
GM growth 3Y-0.49%
GM growth 5Y-2.11%
F-Score6
Asset Turnover1.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 10.45 | ||
| Debt/EBITDA | 1.52 | ||
| Cap/Depr | 145.86% | ||
| Cap/Sales | 15.43% | ||
| Interest Coverage | 5.12 | ||
| Cash Conversion | 90.41% | ||
| Profit Quality | 56.56% | ||
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.63 | ||
| Altman-Z | 3.31 |
F-Score6
WACC9.47%
ROIC/WACC1.06
Cap/Depr(3y)116.66%
Cap/Depr(5y)126.89%
Cap/Sales(3y)12.62%
Cap/Sales(5y)13.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28.48%
EPS 3Y16.32%
EPS 5Y-9.4%
EPS Q2Q%0.02%
EPS Next Y31.6%
EPS Next 2Y34.2%
EPS Next 3Y32.1%
EPS Next 5YN/A
Revenue 1Y (TTM)10.8%
Revenue growth 3Y6.97%
Revenue growth 5Y2.13%
Sales Q2Q%7.07%
Revenue Next Year15.65%
Revenue Next 2Y12.88%
Revenue Next 3Y12.7%
Revenue Next 5YN/A
EBIT growth 1Y16.33%
EBIT growth 3Y18.73%
EBIT growth 5Y-9.47%
EBIT Next Year109.49%
EBIT Next 3Y39.23%
EBIT Next 5YN/A
FCF growth 1Y366.31%
FCF growth 3Y-37%
FCF growth 5Y-13.21%
OCF growth 1Y233.51%
OCF growth 3Y-1.87%
OCF growth 5Y-0.42%