BQE WATER INC (BQE.CA) Stock Fundamental Analysis
TSX-V:BQE • CA0556402059
72 CAD
+0.01 (+0.01%)
Last: Feb 17, 2026, 07:00 PM
Taking everything into account, BQE scores 8 out of 10 in our fundamental rating. BQE was compared to 25 industry peers in the Commercial Services & Supplies industry. BQE has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. BQE is evaluated to be cheap and growing strongly. This does not happen too often! This makes BQE very considerable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
- BQE had positive earnings in the past year.
- In the past year BQE had a positive cash flow from operations.
- BQE had positive earnings in each of the past 5 years.
- The reported operating cash flow has been mixed in the past 5 years: BQE reported negative operating cash flow in multiple years.
1.2 Ratios
- BQE has a Return On Assets of 21.87%. This is amongst the best in the industry. BQE outperforms 100.00% of its industry peers.
- BQE has a better Return On Equity (27.35%) than 96.00% of its industry peers.
- BQE's Return On Invested Capital of 13.85% is amongst the best of the industry. BQE outperforms 96.00% of its industry peers.
| Industry Rank | Sector 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
1.3 Margins
- With an excellent Profit Margin value of 22.86%, BQE belongs to the best of the industry, outperforming 96.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of BQE has grown nicely.
- BQE's Operating Margin of 17.34% is amongst the best of the industry. BQE outperforms 92.00% of its industry peers.
- The Gross Margin of BQE (41.38%) is better than 76.00% of its industry peers.
- In the last couple of years the Gross Margin of BQE has remained more or less at the same level.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BQE is still creating some value.
- Compared to 1 year ago, BQE has more shares outstanding
- Compared to 5 years ago, BQE has more shares outstanding
- Compared to 1 year ago, BQE has an improved debt to assets ratio.
2.2 Solvency
- BQE has an Altman-Z score of 8.72. This indicates that BQE is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 8.72, BQE belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- 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.
- Looking at the Debt to FCF ratio, with a value of 0.68, BQE belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- A Debt/Equity ratio of 0.08 indicates that BQE is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.08, BQE belongs to the top of the industry, outperforming 92.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.68 | ||
| Altman-Z | 8.72 |
ROIC/WACC1.74
WACC7.94%
2.3 Liquidity
- A Current Ratio of 5.41 indicates that BQE has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 5.41, BQE belongs to the best of the industry, outperforming 96.00% of the companies in the same industry.
- 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.
- Looking at the Quick ratio, with a value of 5.41, BQE belongs to the top of the industry, outperforming 96.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.41 | ||
| Quick Ratio | 5.41 |
3. Growth
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.
- BQE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 79.78% yearly.
- Looking at the last year, BQE shows a very strong growth in Revenue. The Revenue has grown by 82.90%.
- The Revenue has been growing by 24.95% on average over the past years. This is a very strong growth!
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
- BQE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.74% yearly.
- 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
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 12.63, which indicates a correct valuation of BQE.
- Based on the Price/Earnings ratio, BQE is valued cheaper than 96.00% of the companies in the same industry.
- When comparing the Price/Earnings ratio of BQE to the average of the S&P500 Index (27.27), we can say BQE is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 11.77, the valuation of BQE can be described as reasonable.
- Based on the Price/Forward Earnings ratio, BQE is valued cheaper than 92.00% of the companies in the same industry.
- BQE is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.16, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.63 | ||
| Fwd PE | 11.77 |
4.2 Price Multiples
- 68.00% of the companies in the same industry are more expensive than BQE, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, BQE is valued a bit cheaper than the industry average as 64.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.17 | ||
| EV/EBITDA | 12.84 |
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 decent profitability rating of BQE 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)0.21
PEG (5Y)0.16
EPS Next 2Y28.42%
EPS Next 3Y22.74%
5. Dividend
5.1 Amount
- BQE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX-V:BQE (2/17/2026, 7:00:00 PM)
72
+0.01 (+0.01%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)11-27 2025-11-27/amc
Earnings (Next)04-22 2026-04-22
Inst Owners0.15%
Inst Owner ChangeN/A
Ins Owners51.86%
Ins Owner ChangeN/A
Market Cap93.60M
Revenue(TTM)32.47M
Net Income(TTM)7.42M
Analysts86.67
Price Target81.6 (13.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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)0%
PT rev (3m)0%
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.63 | ||
| Fwd PE | 11.77 | ||
| P/S | 2.88 | ||
| P/FCF | 27.17 | ||
| P/OCF | 24.87 | ||
| P/B | 3.45 | ||
| P/tB | 3.46 | ||
| EV/EBITDA | 12.84 |
EPS(TTM)5.7
EY7.92%
EPS(NY)6.12
Fwd EY8.5%
FCF(TTM)2.65
FCFY3.68%
OCF(TTM)2.9
OCFY4.02%
SpS24.98
BVpS20.88
TBVpS20.81
PEG (NY)0.21
PEG (5Y)0.16
Graham Number51.74
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 8.72 |
F-Score6
WACC7.94%
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.