BIRD CONSTRUCTION INC (BDT.CA) Stock Fundamental Analysis
TSX:BDT - Toronto Stock Exchange - CA09076P1045 - Common Stock - Currency: CAD
Overall BDT gets a fundamental rating of 7 out of 10. We evaluated BDT against 7 industry peers in the Construction & Engineering industry. While BDT belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. An interesting combination arises when we look at growth and value: BDT is growing strongly while it also seems undervalued. BDT also has an excellent dividend rating. These ratings could make BDT a good candidate for value and dividend and growth investing.
1. Profitability
1.1 Basic Checks
BDT had positive earnings in the past year.
BDT had a positive operating cash flow in the past year.
Each year in the past 5 years BDT has been profitable.
BDT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
BDT's Return On Assets of 5.11% is fine compared to the rest of the industry. BDT outperforms 71.43% of its industry peers.
Looking at the Return On Equity, with a value of 22.38%, BDT belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Return On Invested Capital of BDT (13.43%) is better than 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BDT is in line with the industry average of 9.72%.
The last Return On Invested Capital (13.43%) for BDT is above the 3 year average (11.04%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.11% | ||
| ROE | 22.38% | ||
| ROIC | 13.43% |
ROA(3y)4.28%
ROA(5y)3.47%
ROE(3y)19.34%
ROE(5y)16.49%
ROIC(3y)11.04%
ROIC(5y)9.41%
1.3 Margins
BDT has a Profit Margin (2.81%) which is in line with its industry peers.
In the last couple of years the Profit Margin of BDT has grown nicely.
BDT has a Operating Margin (3.99%) which is comparable to the rest of the industry.
BDT's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 9.39%, BDT is in line with its industry, outperforming 57.14% of the companies in the same industry.
In the last couple of years the Gross Margin of BDT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.99% | ||
| PM (TTM) | 2.81% | ||
| GM | 9.39% |
OM growth 3Y3.42%
OM growth 5YN/A
PM growth 3Y2.13%
PM growth 5YN/A
GM growth 3Y0.78%
GM growth 5Y15.61%
2. Health
2.1 Basic Checks
BDT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, BDT has about the same amount of shares outstanding.
The number of shares outstanding for BDT has been increased compared to 5 years ago.
The debt/assets ratio for BDT has been reduced compared to a year ago.
2.2 Solvency
BDT has an Altman-Z score of 2.95. This is not the best score and indicates that BDT is in the grey zone with still only limited risk for bankruptcy at the moment.
BDT's Altman-Z score of 2.95 is fine compared to the rest of the industry. BDT outperforms 71.43% of its industry peers.
BDT has a debt to FCF ratio of 6.11. This is a slightly negative value and a sign of low solvency as BDT would need 6.11 years to pay back of all of its debts.
With a Debt to FCF ratio value of 6.11, BDT perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
A Debt/Equity ratio of 0.52 indicates that BDT is somewhat dependend on debt financing.
BDT has a better Debt to Equity ratio (0.52) than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 6.11 | ||
| Altman-Z | 2.95 |
ROIC/WACC1.49
WACC9.03%
2.3 Liquidity
BDT has a Current Ratio of 1.25. This is a normal value and indicates that BDT is financially healthy and should not expect problems in meeting its short term obligations.
BDT has a Current ratio of 1.25. This is comparable to the rest of the industry: BDT outperforms 57.14% of its industry peers.
A Quick Ratio of 1.24 indicates that BDT should not have too much problems paying its short term obligations.
BDT has a Quick ratio (1.24) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.24 |
3. Growth
3.1 Past
BDT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 44.26%, which is quite impressive.
The Earnings Per Share has been growing by 22.54% on average over the past years. This is a very strong growth
The Revenue has grown by 22.10% in the past year. This is a very strong growth!
The Revenue has been growing by 15.16% on average over the past years. This is quite good.
EPS 1Y (TTM)44.26%
EPS 3Y22.54%
EPS 5YN/A
EPS Q2Q%27.78%
Revenue 1Y (TTM)22.1%
Revenue growth 3Y22.99%
Revenue growth 5Y15.16%
Sales Q2Q%14.68%
3.2 Future
BDT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 31.32% yearly.
The Revenue is expected to grow by 15.46% on average over the next years. This is quite good.
EPS Next Y44.91%
EPS Next 2Y41.27%
EPS Next 3Y34.44%
EPS Next 5Y31.32%
Revenue Next Year24.5%
Revenue Next 2Y19.97%
Revenue Next 3Y16.3%
Revenue Next 5Y15.46%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.23 indicates a correct valuation of BDT.
Compared to the rest of the industry, the Price/Earnings ratio of BDT indicates a rather cheap valuation: BDT is cheaper than 100.00% of the companies listed in the same industry.
BDT is valuated 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 7.82, which indicates a rather cheap valuation of BDT.
BDT's Price/Forward Earnings ratio is rather cheap when compared to the industry. BDT is cheaper than 100.00% of the companies in the same industry.
BDT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.23 | ||
| Fwd PE | 7.82 |
4.2 Price Multiples
85.71% of the companies in the same industry are more expensive than BDT, based on the Enterprise Value to EBITDA ratio.
BDT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BDT is cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.85 | ||
| EV/EBITDA | 8.34 |
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.
BDT has a very decent profitability rating, which may justify a higher PE ratio.
BDT's earnings are expected to grow with 34.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
PEG (5Y)N/A
EPS Next 2Y41.27%
EPS Next 3Y34.44%
5. Dividend
5.1 Amount
BDT has a Yearly Dividend Yield of 3.83%.
In the last 3 months the price of BDT has falen by -28.04%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
BDT's Dividend Yield is rather good when compared to the industry average which is at 1.74. BDT pays more dividend than 100.00% of the companies in the same industry.
BDT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
5.2 History
The dividend of BDT has a limited annual growth rate of 1.46%.
BDT has been paying a dividend for at least 10 years, so it has a reliable track record.
As BDT did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)1.46%
Div Incr Years2
Div Non Decr Years7
5.3 Sustainability
29.22% of the earnings are spent on dividend by BDT. This is a low number and sustainable payout ratio.
The dividend of BDT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP29.22%
EPS Next 2Y41.27%
EPS Next 3Y34.44%
TSX:BDT (2/21/2025, 7:00:00 PM)
21.53
-0.41 (-1.87%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners33.87%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap1.19B
Analysts76.67
Price Target35.83 (66.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
Yearly Dividend0.42
Dividend Growth(5Y)1.46%
DP29.22%
Div Incr Years2
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.11%
Min EPS beat(2)0.42%
Max EPS beat(2)7.81%
EPS beat(4)4
Avg EPS beat(4)9.16%
Min EPS beat(4)0.42%
Max EPS beat(4)17.47%
EPS beat(8)8
Avg EPS beat(8)16.85%
EPS beat(12)11
Avg EPS beat(12)14.08%
EPS beat(16)15
Avg EPS beat(16)156.99%
Revenue beat(2)1
Avg Revenue beat(2)2.21%
Min Revenue beat(2)-7.38%
Max Revenue beat(2)11.8%
Revenue beat(4)3
Avg Revenue beat(4)6.21%
Min Revenue beat(4)-7.38%
Max Revenue beat(4)12.98%
Revenue beat(8)7
Avg Revenue beat(8)6.52%
Revenue beat(12)8
Avg Revenue beat(12)2.54%
Revenue beat(16)9
Avg Revenue beat(16)1.25%
PT rev (1m)-0.71%
PT rev (3m)2.93%
EPS NQ rev (1m)-3.59%
EPS NQ rev (3m)6.19%
EPS NY rev (1m)-1.25%
EPS NY rev (3m)0.68%
Revenue NQ rev (1m)-1.35%
Revenue NQ rev (3m)3.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.23 | ||
| Fwd PE | 7.82 | ||
| P/S | 0.37 | ||
| P/FCF | 23.85 | ||
| P/OCF | 14.68 | ||
| P/B | 2.92 | ||
| P/tB | 6.61 | ||
| EV/EBITDA | 8.34 |
EPS(TTM)1.76
EY8.17%
EPS(NY)2.75
Fwd EY12.79%
FCF(TTM)0.9
FCFY4.19%
OCF(TTM)1.47
OCFY6.81%
SpS58.74
BVpS7.38
TBVpS3.26
PEG (NY)0.27
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.11% | ||
| ROE | 22.38% | ||
| ROCE | 17.79% | ||
| ROIC | 13.43% | ||
| ROICexc | 13.33% | ||
| ROICexgc | 19.34% | ||
| OM | 3.99% | ||
| PM (TTM) | 2.81% | ||
| GM | 9.39% | ||
| FCFM | 1.54% |
ROA(3y)4.28%
ROA(5y)3.47%
ROE(3y)19.34%
ROE(5y)16.49%
ROIC(3y)11.04%
ROIC(5y)9.41%
ROICexc(3y)13.77%
ROICexc(5y)21.55%
ROICexgc(3y)18.48%
ROICexgc(5y)126.28%
ROCE(3y)14.63%
ROCE(5y)12.47%
ROICexcg growth 3Y-13.09%
ROICexcg growth 5YN/A
ROICexc growth 3Y-7.55%
ROICexc growth 5YN/A
OM growth 3Y3.42%
OM growth 5YN/A
PM growth 3Y2.13%
PM growth 5YN/A
GM growth 3Y0.78%
GM growth 5Y15.61%
F-Score5
Asset Turnover1.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 6.11 | ||
| Debt/EBITDA | 1.18 | ||
| Cap/Depr | 61.82% | ||
| Cap/Sales | 0.96% | ||
| Interest Coverage | 7 | ||
| Cash Conversion | 45.06% | ||
| Profit Quality | 54.65% | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.24 | ||
| Altman-Z | 2.95 |
F-Score5
WACC9.03%
ROIC/WACC1.49
Cap/Depr(3y)65.3%
Cap/Depr(5y)67.64%
Cap/Sales(3y)0.94%
Cap/Sales(5y)0.92%
Profit Quality(3y)50.1%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)44.26%
EPS 3Y22.54%
EPS 5YN/A
EPS Q2Q%27.78%
EPS Next Y44.91%
EPS Next 2Y41.27%
EPS Next 3Y34.44%
EPS Next 5Y31.32%
Revenue 1Y (TTM)22.1%
Revenue growth 3Y22.99%
Revenue growth 5Y15.16%
Sales Q2Q%14.68%
Revenue Next Year24.5%
Revenue Next 2Y19.97%
Revenue Next 3Y16.3%
Revenue Next 5Y15.46%
EBIT growth 1Y46.45%
EBIT growth 3Y27.2%
EBIT growth 5YN/A
EBIT Next Year113%
EBIT Next 3Y48.45%
EBIT Next 5Y40.54%
FCF growth 1Y252.09%
FCF growth 3Y-27.3%
FCF growth 5Y-12.67%
OCF growth 1Y1658.07%
OCF growth 3Y-16.22%
OCF growth 5Y-5.65%