BQE WATER INC (BQE.CA) Fundamental Analysis & Valuation

TSX-V:BQE • CA0556402059

71 CAD
-1 (-1.39%)
Last: Mar 4, 2026, 07:00 PM
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This BQE.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

8

Taking everything into account, BQE scores 8 out of 10 in our fundamental rating. BQE was compared to 24 industry peers in the Commercial Services & Supplies industry. BQE scores excellent points on both the profitability and health parts. This is a solid base for a good stock. An interesting combination arises when we look at growth and value: BQE is growing strongly while it also seems undervalued. With these ratings, BQE could be worth investigating further for value and growth and quality investing!.


Dividend Valuation Growth Profitability Health

7

1. BQE.CA Profitability Analysis

1.1 Basic Checks

  • BQE had positive earnings in the past year.
  • In the past year BQE had a positive cash flow from operations.
  • Each year in the past 5 years BQE has been profitable.
  • In multiple years BQE reported negative operating cash flow during the last 5 years.
BQE.CA Yearly Net Income VS EBIT VS OCF VS FCFBQE.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 2M -2M 4M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 21.87%, BQE belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • BQE has a better Return On Equity (27.35%) than 95.83% of its industry peers.
  • With an excellent Return On Invested Capital value of 13.85%, BQE belongs to the best of the industry, outperforming 95.83% of the companies in the same industry.
Industry RankSector Rank
ROA 21.87%
ROE 27.35%
ROIC 13.85%
ROA(3y)13.04%
ROA(5y)13.87%
ROE(3y)16.68%
ROE(5y)17.54%
ROIC(3y)N/A
ROIC(5y)N/A
BQE.CA Yearly ROA, ROE, ROICBQE.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

1.3 Margins

  • BQE has a better Profit Margin (22.86%) than 95.83% of its industry peers.
  • BQE's Profit Margin has improved in the last couple of years.
  • With an excellent Operating Margin value of 17.34%, BQE belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
  • BQE's Gross Margin of 41.38% is fine compared to the rest of the industry. BQE outperforms 75.00% of its industry peers.
  • BQE's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 17.34%
PM (TTM) 22.86%
GM 41.38%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.21%
PM growth 5Y45.58%
GM growth 3Y1.06%
GM growth 5Y-0.64%
BQE.CA Yearly Profit, Operating, Gross MarginsBQE.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40

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ROAROEROICOperating and Profit MarginShow most profitable peers

9

2. BQE.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BQE is creating some value.
  • BQE has more shares outstanding than it did 1 year ago.
  • BQE has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for BQE has been reduced compared to a year ago.
BQE.CA Yearly Shares OutstandingBQE.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200K 400K 600K 800K 1M
BQE.CA Yearly Total Debt VS Total AssetsBQE.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M

2.2 Solvency

  • An Altman-Z score of 8.60 indicates that BQE is not in any danger for bankruptcy at the moment.
  • BQE has a better Altman-Z score (8.60) than 100.00% of its industry peers.
  • BQE has a debt to FCF ratio of 0.68. This is a very positive value and a sign of high solvency as it would only need 0.68 years to pay back of all of its debts.
  • The Debt to FCF ratio of BQE (0.68) is better than 100.00% of its industry peers.
  • BQE has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of BQE (0.08) is better than 95.83% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.08
Debt/FCF 0.68
Altman-Z 8.6
ROIC/WACC1.74
WACC7.96%
BQE.CA Yearly LT Debt VS Equity VS FCFBQE.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5M 10M 15M 20M

2.3 Liquidity

  • BQE has a Current Ratio of 5.41. This indicates that BQE is financially healthy and has no problem in meeting its short term obligations.
  • BQE's Current ratio of 5.41 is amongst the best of the industry. BQE outperforms 95.83% of its industry peers.
  • BQE has a Quick Ratio of 5.41. This indicates that BQE is financially healthy and has no problem in meeting its short term obligations.
  • The Quick ratio of BQE (5.41) is better than 95.83% of its industry peers.
Industry RankSector Rank
Current Ratio 5.41
Quick Ratio 5.41
BQE.CA Yearly Current Assets VS Current LiabilitesBQE.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M

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

10

3. BQE.CA Growth Analysis

3.1 Past

  • BQE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 82.69%, which is quite impressive.
  • Measured over the past years, BQE shows a very strong growth in Earnings Per Share. The EPS has been growing by 79.78% on average per year.
  • BQE shows a strong growth in Revenue. In the last year, the Revenue has grown by 82.90%.
  • Measured over the past years, BQE shows a very strong growth in Revenue. The Revenue has been growing by 24.95% on average per year.
EPS 1Y (TTM)82.69%
EPS 3Y21.13%
EPS 5Y79.78%
EPS Q2Q%-26.13%
Revenue 1Y (TTM)82.9%
Revenue growth 3Y31.75%
Revenue growth 5Y24.95%
Sales Q2Q%36.64%

3.2 Future

  • The Earnings Per Share is expected to grow by 22.74% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, BQE will show a very strong growth in Revenue. The Revenue will grow by 34.45% on average per year.
EPS Next Y61.3%
EPS Next 2Y28.42%
EPS Next 3Y22.74%
EPS Next 5YN/A
Revenue Next Year89.94%
Revenue Next 2Y55.89%
Revenue Next 3Y34.45%
Revenue Next 5YN/A

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
BQE.CA Yearly Revenue VS EstimatesBQE.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 10M 20M 30M 40M
BQE.CA Yearly EPS VS EstimatesBQE.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 2027 2 4 6

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Find the best growth stocksShow best growing peers

8

4. BQE.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • BQE is valuated correctly with a Price/Earnings ratio of 12.46.
  • Based on the Price/Earnings ratio, BQE is valued cheaply inside the industry as 95.83% of the companies are valued more expensively.
  • BQE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.03.
  • BQE is valuated reasonably with a Price/Forward Earnings ratio of 11.60.
  • Based on the Price/Forward Earnings ratio, BQE is valued cheaply inside the industry as 91.67% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 25.11, BQE is valued rather cheaply.
Industry RankSector Rank
PE 12.46
Fwd PE 11.6
BQE.CA Price Earnings VS Forward Price EarningsBQE.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BQE is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
  • BQE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BQE is cheaper than 62.50% of the companies in the same industry.
Industry RankSector Rank
P/FCF 26.8
EV/EBITDA 12.63
BQE.CA Per share dataBQE.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

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.
  • BQE has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as BQE's earnings are expected to grow with 22.74% in the coming years.
PEG (NY)0.2
PEG (5Y)0.16
EPS Next 2Y28.42%
EPS Next 3Y22.74%

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

0

5. BQE.CA Dividend Analysis

5.1 Amount

  • No dividends for BQE!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

BQE.CA Fundamentals: All Metrics, Ratios and Statistics

BQE WATER INC

TSX-V:BQE (3/4/2026, 7:00:00 PM)

71

-1 (-1.39%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)11-27
Earnings (Next)04-22
Inst Owners0.15%
Inst Owner ChangeN/A
Ins Owners51.86%
Ins Owner ChangeN/A
Market Cap92.30M
Revenue(TTM)32.47M
Net Income(TTM)7.42M
Analysts86.67
Price Target91.8 (29.3%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.76%
Min EPS beat(2)17.15%
Max EPS beat(2)20.37%
EPS beat(4)4
Avg EPS beat(4)186.44%
Min EPS beat(4)17.15%
Max EPS beat(4)616.51%
EPS beat(8)5
Avg EPS beat(8)60.3%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)33.51%
Min Revenue beat(2)-18.53%
Max Revenue beat(2)85.55%
Revenue beat(4)2
Avg Revenue beat(4)48.81%
Min Revenue beat(4)-18.53%
Max Revenue beat(4)133.2%
Revenue beat(8)3
Avg Revenue beat(8)21.49%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)12.5%
PT rev (3m)12.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.34%
EPS NY rev (1m)0%
EPS NY rev (3m)5.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.59%
Valuation
Industry RankSector Rank
PE 12.46
Fwd PE 11.6
P/S 2.84
P/FCF 26.8
P/OCF 24.52
P/B 3.4
P/tB 3.41
EV/EBITDA 12.63
EPS(TTM)5.7
EY8.03%
EPS(NY)6.12
Fwd EY8.62%
FCF(TTM)2.65
FCFY3.73%
OCF(TTM)2.9
OCFY4.08%
SpS24.98
BVpS20.88
TBVpS20.81
PEG (NY)0.2
PEG (5Y)0.16
Graham Number51.74
Profitability
Industry RankSector Rank
ROA 21.87%
ROE 27.35%
ROCE 19.23%
ROIC 13.85%
ROICexc 33.01%
ROICexgc 33.24%
OM 17.34%
PM (TTM) 22.86%
GM 41.38%
FCFM 10.61%
ROA(3y)13.04%
ROA(5y)13.87%
ROE(3y)16.68%
ROE(5y)17.54%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.21%
PM growth 5Y45.58%
GM growth 3Y1.06%
GM growth 5Y-0.64%
F-Score6
Asset Turnover0.96
Health
Industry RankSector Rank
Debt/Equity 0.08
Debt/FCF 0.68
Debt/EBITDA 0.35
Cap/Depr 62%
Cap/Sales 0.98%
Interest Coverage 27.61
Cash Conversion 61.23%
Profit Quality 46.4%
Current Ratio 5.41
Quick Ratio 5.41
Altman-Z 8.6
F-Score6
WACC7.96%
ROIC/WACC1.74
Cap/Depr(3y)81.07%
Cap/Depr(5y)74.58%
Cap/Sales(3y)1.96%
Cap/Sales(5y)1.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)82.69%
EPS 3Y21.13%
EPS 5Y79.78%
EPS Q2Q%-26.13%
EPS Next Y61.3%
EPS Next 2Y28.42%
EPS Next 3Y22.74%
EPS Next 5YN/A
Revenue 1Y (TTM)82.9%
Revenue growth 3Y31.75%
Revenue growth 5Y24.95%
Sales Q2Q%36.64%
Revenue Next Year89.94%
Revenue Next 2Y55.89%
Revenue Next 3Y34.45%
Revenue Next 5YN/A
EBIT growth 1Y267.26%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year74.07%
EBIT Next 3Y35.05%
EBIT Next 5YN/A
FCF growth 1Y500.09%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y654.67%
OCF growth 3YN/A
OCF growth 5YN/A

BQE WATER INC / BQE.CA FAQ

What is the ChartMill fundamental rating of BQE WATER INC (BQE.CA) stock?

ChartMill assigns a fundamental rating of 8 / 10 to BQE.CA.


What is the valuation status for BQE stock?

ChartMill assigns a valuation rating of 8 / 10 to BQE WATER INC (BQE.CA). This can be considered as Undervalued.


How profitable is BQE WATER INC (BQE.CA) stock?

BQE WATER INC (BQE.CA) has a profitability rating of 7 / 10.


What is the expected EPS growth for BQE WATER INC (BQE.CA) stock?

The Earnings per Share (EPS) of BQE WATER INC (BQE.CA) is expected to grow by 61.3% in the next year.