BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) Stock Fundamental Analysis

TSX:BDGI • CA0565331026

71.21 CAD
+0.95 (+1.35%)
Last: Feb 24, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

Overall BDGI gets a fundamental rating of 6 out of 10. We evaluated BDGI against 9 industry peers in the Construction & Engineering industry. BDGI is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. BDGI is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make BDGI a good candidate for growth investing.


Dividend Valuation Growth Profitability Health

6

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.
  • BDGI had positive earnings in 4 of the past 5 years.
  • In the past 5 years BDGI always reported a positive cash flow from operatings.
BDGI.CA Yearly Net Income VS EBIT VS OCF VS FCFBDGI.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M

1.2 Ratios

  • With a decent Return On Assets value of 7.99%, BDGI is doing good in the industry, outperforming 77.78% of the companies in the same industry.
  • BDGI has a Return On Equity of 21.06%. This is in the better half of the industry: BDGI outperforms 77.78% of its industry peers.
  • BDGI has a better Return On Invested Capital (9.84%) than 77.78% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for BDGI is significantly below the industry average of 71.07%.
  • The last Return On Invested Capital (9.84%) for BDGI is above the 3 year average (8.92%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 7.99%
ROE 21.06%
ROIC 9.84%
ROA(3y)5.73%
ROA(5y)3.86%
ROE(3y)14.6%
ROE(5y)9.48%
ROIC(3y)8.92%
ROIC(5y)N/A
BDGI.CA Yearly ROA, ROE, ROICBDGI.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20

1.3 Margins

  • The Profit Margin of BDGI (7.66%) is better than 88.89% of its industry peers.
  • In the last couple of years the Profit Margin of BDGI has declined.
  • BDGI's Operating Margin of 10.16% is amongst the best of the industry. BDGI outperforms 88.89% of its industry peers.
  • In the last couple of years the Operating Margin of BDGI has declined.
  • With a decent Gross Margin value of 29.83%, BDGI is doing good in the industry, outperforming 77.78% of the companies in the same industry.
  • BDGI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 10.16%
PM (TTM) 7.66%
GM 29.83%
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%
BDGI.CA Yearly Profit, Operating, Gross MarginsBDGI.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BDGI is still creating some value.
  • BDGI has about the same amout of shares outstanding than it did 1 year ago.
  • BDGI has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for BDGI has been reduced compared to a year ago.
BDGI.CA Yearly Shares OutstandingBDGI.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
BDGI.CA Yearly Total Debt VS Total AssetsBDGI.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • An Altman-Z score of 4.14 indicates that BDGI is not in any danger for bankruptcy at the moment.
  • BDGI has a better Altman-Z score (4.14) than 88.89% of its industry peers.
  • The Debt to FCF ratio of BDGI is 4.54, which is a neutral value as it means it would take BDGI, 4.54 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of BDGI (4.54) is better than 66.67% of its industry peers.
  • BDGI has a Debt/Equity ratio of 0.82. This is a neutral value indicating BDGI is somewhat dependend on debt financing.
  • BDGI's Debt to Equity ratio of 0.82 is on the low side compared to the rest of the industry. BDGI is outperformed by 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 4.54
Altman-Z 4.14
ROIC/WACC1.15
WACC8.58%
BDGI.CA Yearly LT Debt VS Equity VS FCFBDGI.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

  • BDGI has a Current Ratio of 1.48. 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 1.48 is amongst the best of the industry. BDGI outperforms 100.00% of its industry peers.
  • BDGI has a Quick Ratio of 1.40. 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 1.40, BDGI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.48
Quick Ratio 1.4
BDGI.CA Yearly Current Assets VS Current LiabilitesBDGI.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. Growth

3.1 Past

  • BDGI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 36.88%, which is quite impressive.
  • The Earnings Per Share has been growing slightly by 4.88% on average over the past years.
  • BDGI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.18%.
  • 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)36.88%
EPS 3YN/A
EPS 5Y4.88%
EPS Q2Q%26.47%
Revenue 1Y (TTM)10.18%
Revenue growth 3Y17.96%
Revenue growth 5Y2.63%
Sales Q2Q%8.11%

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 25.41% on average per year.
  • BDGI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.20% yearly.
EPS Next Y29.09%
EPS Next 2Y26.6%
EPS Next 3Y25.41%
EPS Next 5YN/A
Revenue Next Year11.38%
Revenue Next 2Y10.41%
Revenue Next 3Y10.2%
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.
  • 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.
BDGI.CA Yearly Revenue VS EstimatesBDGI.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
BDGI.CA Yearly EPS VS EstimatesBDGI.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 2 3

More info and screens

Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 26.87 indicates a quite expensive valuation of BDGI.
  • BDGI's Price/Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 26.98, BDGI is valued at the same level.
  • BDGI is valuated rather expensively with a Price/Forward Earnings ratio of 20.25.
  • BDGI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BDGI is cheaper than 66.67% of the companies in the same industry.
  • BDGI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 28.01, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 26.87
Fwd PE 20.25
BDGI.CA Price Earnings VS Forward Price EarningsBDGI.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BDGI indicates a rather cheap valuation: BDGI is cheaper than 88.89% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of BDGI indicates a somewhat cheap valuation: BDGI is cheaper than 66.67% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 30.7
EV/EBITDA 12.03
BDGI.CA Per share dataBDGI.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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.
  • The decent profitability rating of BDGI may justify a higher PE ratio.
  • BDGI's earnings are expected to grow with 25.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.92
PEG (5Y)5.51
EPS Next 2Y26.6%
EPS Next 3Y25.41%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 1.14%, BDGI has a reasonable but not impressive dividend return.
  • BDGI's Dividend Yield is a higher than the industry average which is at 0.82.
  • Compared to the average S&P500 Dividend Yield of 1.81, BDGI is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.14%

5.2 History

  • The dividend of BDGI decreases each year by -1.23%.
  • 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)-1.23%
Div Incr Years9
Div Non Decr Years13
BDGI.CA Yearly Dividends per shareBDGI.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

  • 29.17% of the earnings are spent on dividend by BDGI. This is a low number and sustainable payout ratio.
DP29.17%
EPS Next 2Y26.6%
EPS Next 3Y25.41%
BDGI.CA Yearly Income VS Free CF VS DividendBDGI.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M
BDGI.CA Dividend Payout.BDGI.CA Dividend Payout, showing the Payout Ratio.BDGI.CA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

BADGER INFRASTRUCTURE SOLUTI

TSX:BDGI (2/24/2026, 7:00:00 PM)

71.21

+0.95 (+1.35%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)11-05
Earnings (Next)03-05
Inst Owners56.94%
Inst Owner ChangeN/A
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap2.40B
Revenue(TTM)805.35M
Net Income(TTM)61.65M
Analysts75.71
Price Target78.57 (10.34%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.14%
Yearly Dividend0.72
Dividend Growth(5Y)-1.23%
DP29.17%
Div Incr Years9
Div Non Decr Years13
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.61%
Min EPS beat(2)-3.71%
Max EPS beat(2)-1.5%
EPS beat(4)2
Avg EPS beat(4)17.49%
Min EPS beat(4)-3.71%
Max EPS beat(4)74.63%
EPS beat(8)3
Avg EPS beat(8)3.8%
EPS beat(12)4
Avg EPS beat(12)0.48%
EPS beat(16)5
Avg EPS beat(16)-15.5%
Revenue beat(2)0
Avg Revenue beat(2)-3.36%
Min Revenue beat(2)-4.94%
Max Revenue beat(2)-1.78%
Revenue beat(4)0
Avg Revenue beat(4)-2.31%
Min Revenue beat(4)-4.94%
Max Revenue beat(4)-0.21%
Revenue beat(8)2
Avg Revenue beat(8)-0.02%
Revenue beat(12)5
Avg Revenue beat(12)7.09%
Revenue beat(16)9
Avg Revenue beat(16)10.24%
PT rev (1m)1.91%
PT rev (3m)18.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.18%
EPS NY rev (1m)0%
EPS NY rev (3m)0.91%
Revenue NQ rev (1m)-1.26%
Revenue NQ rev (3m)-0.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.45%
Valuation
Industry RankSector Rank
PE 26.87
Fwd PE 20.25
P/S 2.18
P/FCF 30.7
P/OCF 10.33
P/B 5.99
P/tB 6.62
EV/EBITDA 12.03
EPS(TTM)2.65
EY3.72%
EPS(NY)3.52
Fwd EY4.94%
FCF(TTM)2.32
FCFY3.26%
OCF(TTM)6.89
OCFY9.68%
SpS32.73
BVpS11.9
TBVpS10.75
PEG (NY)0.92
PEG (5Y)5.51
Graham Number26.63
Profitability
Industry RankSector Rank
ROA 7.99%
ROE 21.06%
ROCE 13.65%
ROIC 9.84%
ROICexc 9.92%
ROICexgc 10.42%
OM 10.16%
PM (TTM) 7.66%
GM 29.83%
FCFM 7.09%
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
ROICexgc growth 3YN/A
ROICexgc 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-Score7
Asset Turnover1.04
Health
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 4.54
Debt/EBITDA 1.43
Cap/Depr 132.5%
Cap/Sales 13.97%
Interest Coverage 5.35
Cash Conversion 101.72%
Profit Quality 92.58%
Current Ratio 1.48
Quick Ratio 1.4
Altman-Z 4.14
F-Score7
WACC8.58%
ROIC/WACC1.15
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)36.88%
EPS 3YN/A
EPS 5Y4.88%
EPS Q2Q%26.47%
EPS Next Y29.09%
EPS Next 2Y26.6%
EPS Next 3Y25.41%
EPS Next 5YN/A
Revenue 1Y (TTM)10.18%
Revenue growth 3Y17.96%
Revenue growth 5Y2.63%
Sales Q2Q%8.11%
Revenue Next Year11.38%
Revenue Next 2Y10.41%
Revenue Next 3Y10.2%
Revenue Next 5YN/A
EBIT growth 1Y11.28%
EBIT growth 3YN/A
EBIT growth 5Y0.51%
EBIT Next Year119.75%
EBIT Next 3Y40.78%
EBIT Next 5YN/A
FCF growth 1Y559.15%
FCF growth 3Y62.26%
FCF growth 5YN/A
OCF growth 1Y40.45%
OCF growth 3Y38.88%
OCF growth 5Y5.22%

BADGER INFRASTRUCTURE SOLUTI / BDGI.CA FAQ

What is the ChartMill fundamental rating of BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) stock?

ChartMill assigns a fundamental rating of 6 / 10 to BDGI.CA.


What is the valuation status of BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) stock?

ChartMill assigns a valuation rating of 5 / 10 to BADGER INFRASTRUCTURE SOLUTI (BDGI.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for BADGER INFRASTRUCTURE SOLUTI?

BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) has a profitability rating of 6 / 10.


What is the earnings growth outlook for BADGER INFRASTRUCTURE SOLUTI?

The Earnings per Share (EPS) of BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) is expected to grow by 29.09% in the next year.


Is the dividend of BADGER INFRASTRUCTURE SOLUTI sustainable?

The dividend rating of BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) is 5 / 10 and the dividend payout ratio is 29.17%.