BLACK DIAMOND GROUP LTD (BDI.CA) Stock Fundamental Analysis
TSX:BDI - Toronto Stock Exchange - CA09202D2077 - Common Stock - Currency: CAD
Taking everything into account, BDI scores 4 out of 10 in our fundamental rating. BDI was compared to 24 industry peers in the Commercial Services & Supplies industry. While BDI belongs to the best of the industry regarding profitability, there are concerns on its financial health. BDI has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BDI was profitable.
BDI had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: BDI reported negative net income in multiple years.
BDI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of BDI (3.24%) is better than 79.17% of its industry peers.
With a decent Return On Equity value of 7.91%, BDI is doing good in the industry, outperforming 75.00% of the companies in the same industry.
With a decent Return On Invested Capital value of 5.62%, BDI is doing good in the industry, outperforming 70.83% of the companies in the same industry.
BDI had an Average Return On Invested Capital over the past 3 years of 5.57%. This is below the industry average of 8.05%.
The 3 year average ROIC (5.57%) for BDI is below the current ROIC(5.62%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.24% | ||
| ROE | 7.91% | ||
| ROIC | 5.62% |
ROA(3y)4.2%
ROA(5y)2.03%
ROE(3y)9.66%
ROE(5y)4.76%
ROIC(3y)5.57%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 6.46%, BDI is in the better half of the industry, outperforming 79.17% of the companies in the same industry.
Looking at the Operating Margin, with a value of 13.16%, BDI belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
BDI's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 46.06%, BDI is doing good in the industry, outperforming 79.17% of the companies in the same industry.
In the last couple of years the Gross Margin of BDI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.16% | ||
| PM (TTM) | 6.46% | ||
| GM | 46.06% |
OM growth 3Y140.3%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.95%
GM growth 5Y1.61%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BDI is destroying value.
The number of shares outstanding for BDI has been increased compared to 1 year ago.
The number of shares outstanding for BDI has been increased compared to 5 years ago.
The debt/assets ratio for BDI has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.23, we must say that BDI is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of BDI (1.23) is comparable to the rest of the industry.
BDI has a debt to FCF ratio of 34.49. This is a negative value and a sign of low solvency as BDI would need 34.49 years to pay back of all of its debts.
BDI has a Debt to FCF ratio of 34.49. This is comparable to the rest of the industry: BDI outperforms 45.83% of its industry peers.
A Debt/Equity ratio of 0.86 indicates that BDI is somewhat dependend on debt financing.
The Debt to Equity ratio of BDI (0.86) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 34.49 | ||
| Altman-Z | 1.23 |
ROIC/WACC0.82
WACC6.85%
2.3 Liquidity
A Current Ratio of 1.17 indicates that BDI should not have too much problems paying its short term obligations.
BDI has a Current ratio of 1.17. This is comparable to the rest of the industry: BDI outperforms 45.83% of its industry peers.
A Quick Ratio of 1.17 indicates that BDI should not have too much problems paying its short term obligations.
BDI's Quick ratio of 1.17 is in line compared to the rest of the industry. BDI outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
The earnings per share for BDI have decreased strongly by -21.15% in the last year.
The Revenue has decreased by -1.45% in the past year.
Measured over the past years, BDI shows a quite strong growth in Revenue. The Revenue has been growing by 18.86% on average per year.
EPS 1Y (TTM)-21.15%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-45.45%
Revenue 1Y (TTM)-1.45%
Revenue growth 3Y29.81%
Revenue growth 5Y18.86%
Sales Q2Q%-13.89%
3.2 Future
The Earnings Per Share is expected to grow by 7.10% on average over the next years.
Based on estimates for the next years, BDI will show a small growth in Revenue. The Revenue will grow by 2.67% on average per year.
EPS Next Y-16.97%
EPS Next 2Y-1.65%
EPS Next 3Y7.1%
EPS Next 5YN/A
Revenue Next Year-2.71%
Revenue Next 2Y1.52%
Revenue Next 3Y2.67%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BDI is valuated rather expensively with a Price/Earnings ratio of 20.44.
79.17% of the companies in the same industry are more expensive than BDI, based on the Price/Earnings ratio.
BDI is valuated rather cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
BDI is valuated correctly with a Price/Forward Earnings ratio of 16.66.
66.67% of the companies in the same industry are more expensive than BDI, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of BDI to the average of the S&P500 Index (22.10), we can say BDI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.44 | ||
| Fwd PE | 16.66 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BDI indicates a somewhat cheap valuation: BDI is cheaper than 75.00% of the companies listed in the same industry.
BDI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 66.61 | ||
| EV/EBITDA | 8.18 |
4.3 Compensation for Growth
The decent profitability rating of BDI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.65%
EPS Next 3Y7.1%
5. Dividend
5.1 Amount
BDI has a Yearly Dividend Yield of 1.70%.
BDI's Dividend Yield is a higher than the industry average which is at 2.38.
Compared to the average S&P500 Dividend Yield of 2.33, BDI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.7% |
5.2 History
The dividend of BDI decreases each year by -25.42%.
BDI has been paying a dividend for at least 10 years, so it has a reliable track record.
BDI has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-25.42%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
BDI pays out 27.65% of its income as dividend. This is a sustainable payout ratio.
DP27.65%
EPS Next 2Y-1.65%
EPS Next 3Y7.1%
TSX:BDI (3/7/2025, 7:00:00 PM)
8.38
+0.14 (+1.7%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners7.94%
Inst Owner ChangeN/A
Ins Owners13.86%
Ins Owner ChangeN/A
Market Cap521.15M
Analysts80
Price Target12.79 (52.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.7% |
Yearly Dividend0.08
Dividend Growth(5Y)-25.42%
DP27.65%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.48%
Min EPS beat(2)-4.95%
Max EPS beat(2)15.91%
EPS beat(4)2
Avg EPS beat(4)0.18%
Min EPS beat(4)-75.25%
Max EPS beat(4)65.02%
EPS beat(8)4
Avg EPS beat(8)14.2%
EPS beat(12)8
Avg EPS beat(12)35.82%
EPS beat(16)10
Avg EPS beat(16)52.53%
Revenue beat(2)0
Avg Revenue beat(2)-2.39%
Min Revenue beat(2)-3.8%
Max Revenue beat(2)-0.99%
Revenue beat(4)1
Avg Revenue beat(4)-2.57%
Min Revenue beat(4)-14.58%
Max Revenue beat(4)9.09%
Revenue beat(8)5
Avg Revenue beat(8)4.69%
Revenue beat(12)9
Avg Revenue beat(12)8.77%
Revenue beat(16)13
Avg Revenue beat(16)14.77%
PT rev (1m)0%
PT rev (3m)1.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.44 | ||
| Fwd PE | 16.66 | ||
| P/S | 1.39 | ||
| P/FCF | 66.61 | ||
| P/OCF | 4.48 | ||
| P/B | 1.71 | ||
| P/tB | 1.9 | ||
| EV/EBITDA | 8.18 |
EPS(TTM)0.41
EY4.89%
EPS(NY)0.5
Fwd EY6%
FCF(TTM)0.13
FCFY1.5%
OCF(TTM)1.87
OCFY22.31%
SpS6.01
BVpS4.91
TBVpS4.4
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.24% | ||
| ROE | 7.91% | ||
| ROCE | 7.6% | ||
| ROIC | 5.62% | ||
| ROICexc | 5.76% | ||
| ROICexgc | 6.06% | ||
| OM | 13.16% | ||
| PM (TTM) | 6.46% | ||
| GM | 46.06% | ||
| FCFM | 2.09% |
ROA(3y)4.2%
ROA(5y)2.03%
ROE(3y)9.66%
ROE(5y)4.76%
ROIC(3y)5.57%
ROIC(5y)N/A
ROICexc(3y)5.63%
ROICexc(5y)N/A
ROICexgc(3y)5.96%
ROICexgc(5y)N/A
ROCE(3y)7.52%
ROCE(5y)N/A
ROICexcg growth 3Y191.64%
ROICexcg growth 5YN/A
ROICexc growth 3Y190.96%
ROICexc growth 5YN/A
OM growth 3Y140.3%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.95%
GM growth 5Y1.61%
F-Score5
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 34.49 | ||
| Debt/EBITDA | 2.75 | ||
| Cap/Depr | 237.45% | ||
| Cap/Sales | 29.03% | ||
| Interest Coverage | 3.26 | ||
| Cash Conversion | 122.58% | ||
| Profit Quality | 32.41% | ||
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 1.23 |
F-Score5
WACC6.85%
ROIC/WACC0.82
Cap/Depr(3y)139.42%
Cap/Depr(5y)122.52%
Cap/Sales(3y)15.14%
Cap/Sales(5y)16.69%
Profit Quality(3y)145.54%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-21.15%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-45.45%
EPS Next Y-16.97%
EPS Next 2Y-1.65%
EPS Next 3Y7.1%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.45%
Revenue growth 3Y29.81%
Revenue growth 5Y18.86%
Sales Q2Q%-13.89%
Revenue Next Year-2.71%
Revenue Next 2Y1.52%
Revenue Next 3Y2.67%
Revenue Next 5YN/A
EBIT growth 1Y-9.28%
EBIT growth 3Y211.93%
EBIT growth 5YN/A
EBIT Next Year106.19%
EBIT Next 3Y34.97%
EBIT Next 5YN/A
FCF growth 1Y-77.86%
FCF growth 3Y65.88%
FCF growth 5Y24%
OCF growth 1Y37.06%
OCF growth 3Y38.55%
OCF growth 5Y27.68%