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 5 out of 10 in our fundamental rating. BDI was compared to 23 industry peers in the Commercial Services & Supplies industry. BDI has an excellent profitability rating, but there are concerns on its financial health. BDI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BDI had positive earnings in the past year.
In the past year BDI had a positive cash flow from operations.
BDI had positive earnings in 4 of the past 5 years.
Each year in the past 5 years BDI had a positive operating cash flow.
1.2 Ratios
BDI's Return On Assets of 3.43% is amongst the best of the industry. BDI outperforms 83.33% of its industry peers.
Looking at the Return On Equity, with a value of 7.94%, BDI is in the better half of the industry, outperforming 79.17% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.47%, BDI is in the better half of the industry, outperforming 79.17% of the companies in the same industry.
BDI had an Average Return On Invested Capital over the past 3 years of 6.41%. This is in line with the industry average of 8.20%.
The 3 year average ROIC (6.41%) for BDI is below the current ROIC(6.47%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.43% | ||
| ROE | 7.94% | ||
| ROIC | 6.47% |
ROA(3y)4.06%
ROA(5y)3.07%
ROE(3y)9.41%
ROE(5y)7.05%
ROIC(3y)6.41%
ROIC(5y)4.7%
1.3 Margins
BDI has a Profit Margin of 6.37%. This is in the better half of the industry: BDI outperforms 79.17% of its industry peers.
BDI's Profit Margin has improved in the last couple of years.
BDI has a better Operating Margin (14.42%) than 83.33% of its industry peers.
In the last couple of years the Operating Margin of BDI has grown nicely.
BDI's Gross Margin of 45.60% is fine compared to the rest of the industry. BDI outperforms 79.17% of its industry peers.
BDI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.42% | ||
| PM (TTM) | 6.37% | ||
| GM | 45.6% |
OM growth 3Y25.32%
OM growth 5YN/A
PM growth 3Y2.02%
PM growth 5YN/A
GM growth 3Y11.58%
GM growth 5Y3.81%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BDI is destroying value.
BDI has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, BDI has more shares outstanding
Compared to 1 year ago, BDI has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.36, we must say that BDI is in the distress zone and has some risk of bankruptcy.
BDI has a Altman-Z score (1.36) which is in line with its industry peers.
BDI has a debt to FCF ratio of 122.57. This is a negative value and a sign of low solvency as BDI would need 122.57 years to pay back of all of its debts.
With a Debt to FCF ratio value of 122.57, BDI perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
BDI has a Debt/Equity ratio of 0.78. This is a neutral value indicating BDI is somewhat dependend on debt financing.
BDI has a better Debt to Equity ratio (0.78) than 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 122.57 | ||
| Altman-Z | 1.36 |
ROIC/WACC0.95
WACC6.81%
2.3 Liquidity
BDI has a Current Ratio of 1.30. This is a normal value and indicates that BDI is financially healthy and should not expect problems in meeting its short term obligations.
BDI has a Current ratio (1.30) which is in line with its industry peers.
A Quick Ratio of 1.30 indicates that BDI should not have too much problems paying its short term obligations.
BDI has a Quick ratio of 1.30. This is in the better half of the industry: BDI outperforms 70.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
BDI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.15%.
The Earnings Per Share has been growing slightly by 5.42% on average over the past years.
BDI shows a small growth in Revenue. In the last year, the Revenue has grown by 2.41%.
The Revenue has been growing by 16.74% on average over the past years. This is quite good.
EPS 1Y (TTM)-21.15%
EPS 3Y5.42%
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)2.41%
Revenue growth 3Y5.88%
Revenue growth 5Y16.74%
Sales Q2Q%28.34%
3.2 Future
The Earnings Per Share is expected to grow by 20.43% on average over the next years. This is a very strong growth
Based on estimates for the next years, BDI will show a small growth in Revenue. The Revenue will grow by 3.31% on average per year.
EPS Next Y21.69%
EPS Next 2Y21.78%
EPS Next 3Y20.43%
EPS Next 5YN/A
Revenue Next Year7.09%
Revenue Next 2Y5.9%
Revenue Next 3Y3.31%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.41, the valuation of BDI can be described as rather expensive.
BDI's Price/Earnings ratio is a bit cheaper when compared to the industry. BDI is cheaper than 70.83% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.78. BDI is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 16.78, BDI is valued correctly.
Based on the Price/Forward Earnings ratio, BDI is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
BDI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.41 | ||
| Fwd PE | 16.78 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BDI is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as BDI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 242.78 | ||
| EV/EBITDA | 7.18 |
4.3 Compensation for Growth
BDI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of BDI may justify a higher PE ratio.
A more expensive valuation may be justified as BDI's earnings are expected to grow with 20.43% in the coming years.
PEG (NY)0.94
PEG (5Y)N/A
EPS Next 2Y21.78%
EPS Next 3Y20.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.73%, BDI has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.43, BDI pays a bit more dividend than its industry peers.
BDI's Dividend Yield is slightly below the S&P500 average, which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
5.2 History
The dividend of BDI decreases each year by -7.93%.
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)-7.93%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
BDI pays out 28.48% of its income as dividend. This is a sustainable payout ratio.
DP28.48%
EPS Next 2Y21.78%
EPS Next 3Y20.43%
TSX:BDI (4/25/2025, 7:00:00 PM)
8.37
+0.29 (+3.59%)
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 Cap520.28M
Analysts80
Price Target12.7 (51.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
Yearly Dividend0.12
Dividend Growth(5Y)-7.93%
DP28.48%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.26%
Min EPS beat(2)-4.95%
Max EPS beat(2)2.42%
EPS beat(4)2
Avg EPS beat(4)-15.46%
Min EPS beat(4)-75.25%
Max EPS beat(4)15.91%
EPS beat(8)4
Avg EPS beat(8)6.38%
EPS beat(12)8
Avg EPS beat(12)18.15%
EPS beat(16)11
Avg EPS beat(16)55.71%
Revenue beat(2)1
Avg Revenue beat(2)10.66%
Min Revenue beat(2)-3.8%
Max Revenue beat(2)25.12%
Revenue beat(4)1
Avg Revenue beat(4)1.44%
Min Revenue beat(4)-14.58%
Max Revenue beat(4)25.12%
Revenue beat(8)5
Avg Revenue beat(8)6.2%
Revenue beat(12)9
Avg Revenue beat(12)7.66%
Revenue beat(16)13
Avg Revenue beat(16)14.19%
PT rev (1m)-0.73%
PT rev (3m)0.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-30.43%
EPS NY rev (1m)0%
EPS NY rev (3m)-11.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.99%
Revenue NY rev (1m)1.09%
Revenue NY rev (3m)1.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.41 | ||
| Fwd PE | 16.78 | ||
| P/S | 1.29 | ||
| P/FCF | 242.78 | ||
| P/OCF | 4.67 | ||
| P/B | 1.61 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 7.18 |
EPS(TTM)0.41
EY4.9%
EPS(NY)0.5
Fwd EY5.96%
FCF(TTM)0.03
FCFY0.41%
OCF(TTM)1.79
OCFY21.4%
SpS6.48
BVpS5.2
TBVpS4.7
PEG (NY)0.94
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.43% | ||
| ROE | 7.94% | ||
| ROCE | 8.74% | ||
| ROIC | 6.47% | ||
| ROICexc | 6.6% | ||
| ROICexgc | 6.93% | ||
| OM | 14.42% | ||
| PM (TTM) | 6.37% | ||
| GM | 45.6% | ||
| FCFM | 0.53% |
ROA(3y)4.06%
ROA(5y)3.07%
ROE(3y)9.41%
ROE(5y)7.05%
ROIC(3y)6.41%
ROIC(5y)4.7%
ROICexc(3y)6.5%
ROICexc(5y)4.77%
ROICexgc(3y)6.87%
ROICexgc(5y)5.03%
ROCE(3y)8.66%
ROCE(5y)6.35%
ROICexcg growth 3Y18.2%
ROICexcg growth 5YN/A
ROICexc growth 3Y18.09%
ROICexc growth 5YN/A
OM growth 3Y25.32%
OM growth 5YN/A
PM growth 3Y2.02%
PM growth 5YN/A
GM growth 3Y11.58%
GM growth 5Y3.81%
F-Score6
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 122.57 | ||
| Debt/EBITDA | 2.36 | ||
| Cap/Depr | 222.92% | ||
| Cap/Sales | 27.1% | ||
| Interest Coverage | 3.83 | ||
| Cash Conversion | 103.96% | ||
| Profit Quality | 8.35% | ||
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.3 | ||
| Altman-Z | 1.36 |
F-Score6
WACC6.81%
ROIC/WACC0.95
Cap/Depr(3y)177.83%
Cap/Depr(5y)150.06%
Cap/Sales(3y)20.46%
Cap/Sales(5y)18.51%
Profit Quality(3y)93.87%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-21.15%
EPS 3Y5.42%
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y21.69%
EPS Next 2Y21.78%
EPS Next 3Y20.43%
EPS Next 5YN/A
Revenue 1Y (TTM)2.41%
Revenue growth 3Y5.88%
Revenue growth 5Y16.74%
Sales Q2Q%28.34%
Revenue Next Year7.09%
Revenue Next 2Y5.9%
Revenue Next 3Y3.31%
Revenue Next 5YN/A
EBIT growth 1Y6.39%
EBIT growth 3Y32.68%
EBIT growth 5YN/A
EBIT Next Year151.08%
EBIT Next 3Y32.65%
EBIT Next 5YN/A
FCF growth 1Y-96.65%
FCF growth 3Y-59.91%
FCF growth 5Y-7.71%
OCF growth 1Y-16.27%
OCF growth 3Y16.11%
OCF growth 5Y24.86%