BQE WATER INC (BQE.CA) Stock Fundamental Analysis
Canada - TSX Venture Exchange - TSX-V:BQE - CA0556402059 - Common Stock
64.78 CAD
+1.08 (+1.7%)
We assign a fundamental rating of 8 out of 10 to BQE. BQE was compared to 24 industry peers in the Commercial Services & Supplies industry. BQE gets an excellent profitability rating and is at the same time showing great financial health properties. BQE is growing strongly while it also seems undervalued. This is an interesting combination These ratings would make BQE suitable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year BQE was profitable.
BQE had a positive operating cash flow in the past year.
In the past 5 years BQE has always been profitable.
In multiple years BQE reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of BQE (21.87%) is better than 100.00% of its industry peers.
BQE has a better Return On Equity (27.35%) than 95.83% of its industry peers.
Looking at the Return On Invested Capital, with a value of 13.85%, BQE belongs to the top of the industry, outperforming 95.83% of the companies in the same industry.
| 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
The Profit Margin of BQE (22.86%) is better than 95.83% of its industry peers.
BQE's Profit Margin has improved in the last couple of years.
BQE has a Operating Margin of 17.34%. This is amongst the best in the industry. BQE outperforms 91.67% of its industry peers.
The Gross Margin of BQE (41.38%) is better than 75.00% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BQE is creating some value.
The number of shares outstanding for BQE has been increased compared to 1 year ago.
BQE has more shares outstanding than it did 5 years ago.
BQE has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 7.89 indicates that BQE is not in any danger for bankruptcy at the moment.
The Altman-Z score of BQE (7.89) is better than 100.00% of its industry peers.
The Debt to FCF ratio of BQE is 0.68, which is an excellent value as it means it would take BQE, only 0.68 years of fcf income to pay off all of its debts.
BQE has a Debt to FCF ratio of 0.68. This is amongst the best in the industry. BQE outperforms 100.00% of its industry peers.
A Debt/Equity ratio of 0.08 indicates that BQE is not too dependend on debt financing.
The Debt to Equity ratio of BQE (0.08) is better than 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.68 | ||
| Altman-Z | 7.89 |
ROIC/WACC1.79
WACC7.73%
2.3 Liquidity
A Current Ratio of 5.41 indicates that BQE has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 5.41, BQE belongs to the top of the industry, outperforming 95.83% of the companies in the same industry.
A Quick Ratio of 5.41 indicates that BQE has no problem at all paying its short term obligations.
BQE has a better Quick ratio (5.41) than 95.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.41 | ||
| Quick Ratio | 5.41 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 82.69% over the past year.
The Earnings Per Share has been growing by 79.78% on average over the past years. This is a very strong growth
The Revenue has grown by 82.90% in the past year. This is a very strong growth!
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
Based on estimates for the next years, BQE will show a very strong growth in Earnings Per Share. The EPS will grow by 22.74% on average per year.
The Revenue is expected to grow by 32.56% on average over the next years. This is a very strong growth
EPS Next Y61.3%
EPS Next 2Y26.46%
EPS Next 3Y22.74%
EPS Next 5YN/A
Revenue Next Year89.94%
Revenue Next 2Y46.08%
Revenue Next 3Y32.56%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
BQE is valuated reasonably with a Price/Earnings ratio of 11.36.
Compared to the rest of the industry, the Price/Earnings ratio of BQE indicates a rather cheap valuation: BQE is cheaper than 95.83% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of BQE to the average of the S&P500 Index (26.61), we can say BQE is valued rather cheaply.
A Price/Forward Earnings ratio of 10.92 indicates a reasonable valuation of BQE.
Based on the Price/Forward Earnings ratio, BQE is valued cheaply inside the industry as 91.67% of the companies are valued more expensively.
BQE is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.01, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.36 | ||
| Fwd PE | 10.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BQE is valued a bit cheaper than the industry average as 62.50% 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 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.45 | ||
| EV/EBITDA | 11.31 |
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.
BQE's earnings are expected to grow with 22.74% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.19
PEG (5Y)0.14
EPS Next 2Y26.46%
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 (12/22/2025, 7:00:00 PM)
64.78
+1.08 (+1.7%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners0.15%
Inst Owner ChangeN/A
Ins Owners51.86%
Ins Owner ChangeN/A
Market Cap84.21M
Revenue(TTM)32.47M
Net Income(TTM)7.42M
Analysts86.67
Price Target81.6 (25.96%)
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)-11.34%
EPS NQ rev (3m)-14.85%
EPS NY rev (1m)5.83%
EPS NY rev (3m)7.79%
Revenue NQ rev (1m)-9.09%
Revenue NQ rev (3m)15.38%
Revenue NY rev (1m)-6.59%
Revenue NY rev (3m)27.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.36 | ||
| Fwd PE | 10.92 | ||
| P/S | 2.59 | ||
| P/FCF | 24.45 | ||
| P/OCF | 22.37 | ||
| P/B | 3.1 | ||
| P/tB | 3.11 | ||
| EV/EBITDA | 11.31 |
EPS(TTM)5.7
EY8.8%
EPS(NY)5.93
Fwd EY9.16%
FCF(TTM)2.65
FCFY4.09%
OCF(TTM)2.9
OCFY4.47%
SpS24.98
BVpS20.88
TBVpS20.81
PEG (NY)0.19
PEG (5Y)0.14
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 | 7.89 |
F-Score6
WACC7.73%
ROIC/WACC1.79
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 2Y26.46%
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 2Y46.08%
Revenue Next 3Y32.56%
Revenue Next 5YN/A
EBIT growth 1Y267.26%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year74.07%
EBIT Next 3Y33.33%
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.
Can you provide the valuation status for BQE WATER INC?
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 valuation of BQE WATER INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BQE WATER INC (BQE.CA) is 11.36 and the Price/Book (PB) ratio is 3.1.