BQE WATER INC (BQE.CA) Stock Fundamental Analysis
Canada - TSX Venture Exchange - TSX-V:BQE - CA0556402059 - Common Stock
69 CAD
0 (0%)
BQE gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 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 This makes BQE very considerable 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.
- 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.
1.2 Ratios
- The Return On Assets of BQE (21.87%) is better than 100.00% of its industry peers.
- With an excellent Return On Equity value of 27.35%, BQE belongs to the best of the industry, outperforming 95.83% of the companies in the same industry.
- 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
- Looking at the Profit Margin, with a value of 22.86%, BQE belongs to the top of the industry, outperforming 95.83% of the companies in the same industry.
- 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.
- With a decent Gross Margin value of 41.38%, BQE is doing good in the industry, outperforming 75.00% of the companies in the same industry.
- 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
- The number of shares outstanding for BQE has been increased compared to 5 years ago.
- BQE has a better debt/assets ratio than last year.
2.2 Solvency
- BQE has an Altman-Z score of 8.37. This indicates that BQE is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of BQE (8.37) 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's Debt to FCF ratio of 0.68 is amongst the best of 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.
- Looking at the Debt to Equity ratio, with a value of 0.08, BQE belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.68 | ||
| Altman-Z | 8.37 |
ROIC/WACC1.79
WACC7.73%
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 has a better Current ratio (5.41) than 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.
- BQE has a Quick ratio of 5.41. This is amongst the best in the industry. BQE outperforms 95.83% of its industry peers.
| 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.
- The Earnings Per Share has been growing by 79.78% on average over the past years. This is a very strong growth
- BQE shows a strong growth in Revenue. In the last year, the Revenue has grown by 82.90%.
- BQE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.95% yearly.
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 34.45% on average over the next years. This is a very strong growth
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
- BQE is valuated correctly with a Price/Earnings ratio of 12.11.
- 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.
- Compared to an average S&P500 Price/Earnings ratio of 27.30, BQE is valued rather cheaply.
- BQE is valuated reasonably with a Price/Forward Earnings ratio of 11.28.
- Based on the Price/Forward Earnings ratio, BQE is valued cheaper than 91.67% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of BQE to the average of the S&P500 Index (24.04), we can say BQE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.11 | ||
| Fwd PE | 11.28 |
4.2 Price Multiples
- 62.50% 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 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.04 | ||
| EV/EBITDA | 12.21 |
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.
- BQE's earnings are expected to grow with 22.74% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.2
PEG (5Y)0.15
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 (1/13/2026, 7:00:00 PM)
69
0 (0%)
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 Cap89.70M
Revenue(TTM)32.47M
Net Income(TTM)7.42M
Analysts86.67
Price Target81.6 (18.26%)
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 | 12.11 | ||
| Fwd PE | 11.28 | ||
| P/S | 2.76 | ||
| P/FCF | 26.04 | ||
| P/OCF | 23.83 | ||
| P/B | 3.31 | ||
| P/tB | 3.32 | ||
| EV/EBITDA | 12.21 |
EPS(TTM)5.7
EY8.26%
EPS(NY)6.12
Fwd EY8.87%
FCF(TTM)2.65
FCFY3.84%
OCF(TTM)2.9
OCFY4.2%
SpS24.98
BVpS20.88
TBVpS20.81
PEG (NY)0.2
PEG (5Y)0.15
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 | 8.37 |
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 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.