BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) Fundamental Analysis & Valuation

TSX:BDGICA0565331026

Current stock price

60.49 CAD
-2.2 (-3.51%)
Last:

This BDGI.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. BDGI.CA Profitability Analysis

1.1 Basic Checks

  • BDGI had positive earnings in the past year.
  • BDGI had a positive operating cash flow in the past year.
  • BDGI had positive earnings in 4 of the past 5 years.
  • Each year in the past 5 years BDGI had a positive operating cash flow.
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 2025 0 50M 100M 150M

1.2 Ratios

  • BDGI has a better Return On Assets (7.76%) than 85.71% of its industry peers.
  • With an excellent Return On Equity value of 20.00%, BDGI belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
  • The Return On Invested Capital of BDGI (8.16%) is better than 71.43% of its industry peers.
  • BDGI had an Average Return On Invested Capital over the past 3 years of 9.75%. This is above the industry average of 7.57%.
Industry RankSector Rank
ROA 7.76%
ROE 20%
ROIC 8.16%
ROA(3y)7.17%
ROA(5y)4.62%
ROE(3y)18.54%
ROE(5y)11.98%
ROIC(3y)9.75%
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 2025 0 5 10 15 20

1.3 Margins

  • With a decent Profit Margin value of 7.12%, BDGI is doing good in the industry, outperforming 71.43% of the companies in the same industry.
  • BDGI's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 8.12%, BDGI is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
  • BDGI's Operating Margin has improved in the last couple of years.
  • The Gross Margin of BDGI (28.95%) is better than 85.71% of its industry peers.
  • BDGI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 8.12%
PM (TTM) 7.12%
GM 28.95%
OM growth 3Y9.96%
OM growth 5Y4.05%
PM growth 3Y30.5%
PM growth 5Y10%
GM growth 3Y5.9%
GM growth 5Y0.42%
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 2025 0 10 20 30

6

2. BDGI.CA Health Analysis

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.
  • The number of shares outstanding for BDGI has been reduced compared to 1 year ago.
  • BDGI has less shares outstanding than it did 5 years ago.
  • BDGI has a worse debt/assets ratio than last year.
BDGI.CA Yearly Shares OutstandingBDGI.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 200M 400M 600M

2.2 Solvency

  • BDGI has an Altman-Z score of 3.80. This indicates that BDGI is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 3.80, BDGI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • BDGI has a debt to FCF ratio of 6.61. This is a slightly negative value and a sign of low solvency as BDGI would need 6.61 years to pay back of all of its debts.
  • BDGI's Debt to FCF ratio of 6.61 is in line compared to the rest of the industry. BDGI outperforms 42.86% of its industry peers.
  • BDGI has a Debt/Equity ratio of 0.80. This is a neutral value indicating BDGI is somewhat dependend on debt financing.
  • The Debt to Equity ratio of BDGI (0.80) is worse than 71.43% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.8
Debt/FCF 6.61
Altman-Z 3.8
ROIC/WACC0.93
WACC8.78%
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 2025 0 100M 200M 300M

2.3 Liquidity

  • BDGI has a Current Ratio of 1.37. This is a normal value and indicates that BDGI is financially healthy and should not expect problems in meeting its short term obligations.
  • BDGI has a Current ratio of 1.37. This is amongst the best in the industry. BDGI outperforms 100.00% of its industry peers.
  • BDGI has a Quick Ratio of 1.27. This is a normal value and indicates that BDGI is financially healthy and should not expect problems in meeting its short term obligations.
  • With an excellent Quick ratio value of 1.27, BDGI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.37
Quick Ratio 1.27
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 2025 50M 100M 150M 200M

7

3. BDGI.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 15.62% over the past year.
  • Measured over the past years, BDGI shows a very strong growth in Earnings Per Share. The EPS has been growing by 28.33% on average per year.
  • BDGI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.65%.
  • Measured over the past years, BDGI shows a quite strong growth in Revenue. The Revenue has been growing by 8.29% on average per year.
EPS 1Y (TTM)15.62%
EPS 3Y54.65%
EPS 5Y28.33%
EPS Q2Q%-24.24%
Revenue 1Y (TTM)11.65%
Revenue growth 3Y13.37%
Revenue growth 5Y8.29%
Sales Q2Q%8.09%

3.2 Future

  • The Earnings Per Share is expected to grow by 30.31% on average over the next years. This is a very strong growth
  • BDGI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.31% yearly.
EPS Next Y38.7%
EPS Next 2Y30.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.41%
Revenue Next 2Y9.31%
Revenue Next 3YN/A
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 stable.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
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

6

4. BDGI.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 23.54, BDGI is valued on the expensive side.
  • BDGI's Price/Earnings ratio is in line with the industry average.
  • BDGI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.60, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 16.95, which indicates a correct valuation of BDGI.
  • Based on the Price/Forward Earnings ratio, BDGI is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
  • BDGI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.84.
Industry RankSector Rank
PE 23.54
Fwd PE 16.95
BDGI.CA Price Earnings VS Forward Price EarningsBDGI.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

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.
  • BDGI's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 37.51
EV/EBITDA 11.01
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 excellent profitability rating of BDGI may justify a higher PE ratio.
  • A more expensive valuation may be justified as BDGI's earnings are expected to grow with 30.31% in the coming years.
PEG (NY)0.61
PEG (5Y)0.83
EPS Next 2Y30.31%
EPS Next 3YN/A

5

5. BDGI.CA Dividend Analysis

5.1 Amount

  • BDGI has a Yearly Dividend Yield of 1.24%. Purely for dividend investing, there may be better candidates out there.
  • BDGI's Dividend Yield is a higher than the industry average which is at 0.96.
  • Compared to the average S&P500 Dividend Yield of 1.88, BDGI is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.24%

5.2 History

  • The dividend of BDGI decreases each year by -2.17%.
  • BDGI has been paying a dividend for at least 10 years, so it has a reliable track record.
  • BDGI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-2.17%
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

  • BDGI pays out 30.39% of its income as dividend. This is a sustainable payout ratio.
DP30.39%
EPS Next 2Y30.31%
EPS Next 3YN/A
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 2025 0 20M 40M 60M
BDGI.CA Dividend Payout.BDGI.CA Dividend Payout, showing the Payout Ratio.BDGI.CA Dividend Payout.PayoutRetained Earnings

BDGI.CA Fundamentals: All Metrics, Ratios and Statistics

BADGER INFRASTRUCTURE SOLUTI

TSX:BDGI (4/2/2026, 7:00:00 PM)

60.49

-2.2 (-3.51%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)03-04
Earnings (Next)04-27
Inst Owners60.58%
Inst Owner ChangeN/A
Ins Owners0.36%
Ins Owner ChangeN/A
Market Cap2.04B
Revenue(TTM)831.70M
Net Income(TTM)59.23M
Analysts75.71
Price Target77.18 (27.59%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.24%
Yearly Dividend0.74
Dividend Growth(5Y)-2.17%
DP30.39%
Div Incr Years9
Div Non Decr Years13
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-26.53%
Min EPS beat(2)-51.56%
Max EPS beat(2)-1.5%
EPS beat(4)1
Avg EPS beat(4)4.46%
Min EPS beat(4)-51.56%
Max EPS beat(4)74.63%
EPS beat(8)3
Avg EPS beat(8)4.83%
EPS beat(12)4
Avg EPS beat(12)-0.75%
EPS beat(16)5
Avg EPS beat(16)-6.17%
Revenue beat(2)0
Avg Revenue beat(2)-4.56%
Min Revenue beat(2)-4.94%
Max Revenue beat(2)-4.17%
Revenue beat(4)0
Avg Revenue beat(4)-3.3%
Min Revenue beat(4)-4.94%
Max Revenue beat(4)-1.78%
Revenue beat(8)1
Avg Revenue beat(8)-1.71%
Revenue beat(12)4
Avg Revenue beat(12)5.07%
Revenue beat(16)8
Avg Revenue beat(16)9.95%
PT rev (1m)-1.77%
PT rev (3m)0.11%
EPS NQ rev (1m)-18.18%
EPS NQ rev (3m)-11.47%
EPS NY rev (1m)0.06%
EPS NY rev (3m)0.06%
Revenue NQ rev (1m)2.54%
Revenue NQ rev (3m)2.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.09%
Valuation
Industry RankSector Rank
PE 23.54
Fwd PE 16.95
P/S 1.76
P/FCF 37.51
P/OCF 8.96
P/B 4.96
P/tB 5.47
EV/EBITDA 11.01
EPS(TTM)2.57
EY4.25%
EPS(NY)3.57
Fwd EY5.9%
FCF(TTM)1.61
FCFY2.67%
OCF(TTM)6.75
OCFY11.16%
SpS34.29
BVpS12.21
TBVpS11.06
PEG (NY)0.61
PEG (5Y)0.83
Graham Number26.57
Profitability
Industry RankSector Rank
ROA 7.76%
ROE 20%
ROCE 11.23%
ROIC 8.16%
ROICexc 8.23%
ROICexgc 8.63%
OM 8.12%
PM (TTM) 7.12%
GM 28.95%
FCFM 4.7%
ROA(3y)7.17%
ROA(5y)4.62%
ROE(3y)18.54%
ROE(5y)11.98%
ROIC(3y)9.75%
ROIC(5y)N/A
ROICexc(3y)9.77%
ROICexc(5y)N/A
ROICexgc(3y)10.27%
ROICexgc(5y)N/A
ROCE(3y)13.41%
ROCE(5y)N/A
ROICexgc growth 3Y10.86%
ROICexgc growth 5Y7.74%
ROICexc growth 3Y11.17%
ROICexc growth 5Y8.19%
OM growth 3Y9.96%
OM growth 5Y4.05%
PM growth 3Y30.5%
PM growth 5Y10%
GM growth 3Y5.9%
GM growth 5Y0.42%
F-Score5
Asset Turnover1.09
Health
Industry RankSector Rank
Debt/Equity 0.8
Debt/FCF 6.61
Debt/EBITDA 1.51
Cap/Depr 140.39%
Cap/Sales 14.98%
Interest Coverage 4.45
Cash Conversion 104.74%
Profit Quality 66.06%
Current Ratio 1.37
Quick Ratio 1.27
Altman-Z 3.8
F-Score5
WACC8.78%
ROIC/WACC0.93
Cap/Depr(3y)143.63%
Cap/Depr(5y)124.11%
Cap/Sales(3y)15.04%
Cap/Sales(5y)13.32%
Profit Quality(3y)69.13%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.62%
EPS 3Y54.65%
EPS 5Y28.33%
EPS Q2Q%-24.24%
EPS Next Y38.7%
EPS Next 2Y30.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)11.65%
Revenue growth 3Y13.37%
Revenue growth 5Y8.29%
Sales Q2Q%8.09%
Revenue Next Year9.41%
Revenue Next 2Y9.31%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-21.51%
EBIT growth 3Y24.66%
EBIT growth 5Y12.67%
EBIT Next Year137.6%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-10.71%
FCF growth 3Y191.9%
FCF growth 5Y-12.98%
OCF growth 1Y11.9%
OCF growth 3Y33.81%
OCF growth 5Y3.28%

BADGER INFRASTRUCTURE SOLUTI / BDGI.CA Fundamental Analysis FAQ

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

ChartMill assigns a fundamental rating of 7 / 10 to BDGI.CA.


What is the valuation status for BDGI stock?

ChartMill assigns a valuation rating of 6 / 10 to BADGER INFRASTRUCTURE SOLUTI (BDGI.CA). This can be considered as Fairly Valued.


What is the profitability of BDGI stock?

BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) has a profitability rating of 8 / 10.


What are the PE and PB ratios of BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) stock?

The Price/Earnings (PE) ratio for BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) is 23.54 and the Price/Book (PB) ratio is 4.96.


How financially healthy is BADGER INFRASTRUCTURE SOLUTI?

The financial health rating of BADGER INFRASTRUCTURE SOLUTI (BDGI.CA) is 6 / 10.