BQE WATER INC (BQE.CA) Stock Fundamental Analysis
TSX-V:BQE • CA0556402059
73.74 CAD
+0.74 (+1.01%)
Last: Feb 20, 2026, 07:00 PM
We assign a fundamental rating of 8 out of 10 to BQE. BQE was compared to 25 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. An interesting combination arises when we look at growth and value: BQE is growing strongly while it also seems undervalued. These ratings would make BQE suitable 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.
- In the past 5 years BQE has always been profitable.
- 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 better Return On Assets (21.87%) than 100.00% of its industry peers.
- The Return On Equity of BQE (27.35%) is better than 96.00% of its industry peers.
- BQE has a better Return On Invested Capital (13.85%) than 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
- BQE's Profit Margin of 22.86% is amongst the best of the industry. BQE outperforms 96.00% 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 92.00% of the companies in the same industry.
- With a decent Gross Margin value of 41.38%, BQE is doing good in the industry, outperforming 76.00% of the companies in the same industry.
- BQE's Gross Margin has been stable in the last couple of years.
| 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
- BQE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- The number of shares outstanding for BQE has been increased compared to 1 year ago.
- The number of shares outstanding for BQE has been increased compared to 5 years ago.
- Compared to 1 year ago, BQE has an improved debt to assets ratio.
2.2 Solvency
- BQE has an Altman-Z score of 8.92. 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 8.92, 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.
- With an excellent Debt to FCF ratio value of 0.68, BQE belongs to the best 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.
- With an excellent Debt to Equity ratio value of 0.08, BQE belongs to the best 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 | 8.92 |
ROIC/WACC1.74
WACC7.95%
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.
- Looking at the Current 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.
- 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.
- 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%.
- 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
- 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
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 12.94, the valuation of BQE can be described as correct.
- 96.00% of the companies in the same industry are more expensive than BQE, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 26.99. BQE is valued rather cheaply when compared to this.
- A Price/Forward Earnings ratio of 12.05 indicates a correct valuation of BQE.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of BQE indicates a rather cheap valuation: BQE is cheaper than 92.00% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 28.06. BQE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.94 | ||
| Fwd PE | 12.05 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BQE indicates a somewhat cheap valuation: BQE is cheaper than 64.00% of the companies listed in the same industry.
- BQE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BQE is cheaper than 64.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.83 | ||
| EV/EBITDA | 13.21 |
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.
- 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)0.21
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 (2/20/2026, 7:00:00 PM)
73.74
+0.74 (+1.01%)
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 Cap95.86M
Revenue(TTM)32.47M
Net Income(TTM)7.42M
Analysts86.67
Price Target81.6 (10.66%)
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 | 12.94 | ||
| Fwd PE | 12.05 | ||
| P/S | 2.95 | ||
| P/FCF | 27.83 | ||
| P/OCF | 25.47 | ||
| P/B | 3.53 | ||
| P/tB | 3.54 | ||
| EV/EBITDA | 13.21 |
EPS(TTM)5.7
EY7.73%
EPS(NY)6.12
Fwd EY8.3%
FCF(TTM)2.65
FCFY3.59%
OCF(TTM)2.9
OCFY3.93%
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 | 8.92 |
F-Score6
WACC7.95%
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.