BQE WATER INC (BQE.CA) Stock Fundamental Analysis
Canada - TSX Venture Exchange - TSX-V:BQE - CA0556402059 - Common Stock
68.55 CAD
-0.45 (-0.65%)
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 scores excellent points on both the profitability and health parts. This is a solid base for a good stock. BQE is growing strongly while it also seems undervalued. This is an interesting combination With these ratings, BQE could be worth investigating further for value and growth and quality investing!.
1. Profitability
1.1 Basic Checks
- In the past year BQE was profitable.
- In the past year BQE had a positive cash flow from operations.
- Each year in the past 5 years BQE has 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
- 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 Return On Equity of 27.35%. This is amongst the best in the industry. BQE outperforms 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
- BQE's Profit Margin of 22.86% is amongst the best of the industry. BQE outperforms 95.83% of its industry peers.
- In the last couple of years the Profit Margin of BQE has grown nicely.
- 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.
- 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.
- The number of shares outstanding for BQE has been increased compared to 5 years ago.
- The debt/assets ratio for BQE has been reduced compared to a year ago.
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.
- BQE has a better Altman-Z score (8.37) 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.
- BQE has a better Debt to Equity ratio (0.08) than 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.68 | ||
| Altman-Z | 8.37 |
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.
- BQE has a better Current ratio (5.41) than 95.83% of its industry peers.
- A Quick Ratio of 5.41 indicates that BQE has no problem at all paying its short term obligations.
- Looking at the Quick 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.
| 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.
- BQE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 79.78% yearly.
- 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.
- 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
- With a Price/Earnings ratio of 12.03, BQE is valued correctly.
- 95.83% of the companies in the same industry are more expensive than BQE, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 27.47, BQE is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 11.20, the valuation of BQE can be described as reasonable.
- Based on the Price/Forward Earnings ratio, BQE is valued cheaply inside the industry as 91.67% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of BQE to the average of the S&P500 Index (24.26), we can say BQE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.03 | ||
| Fwd PE | 11.2 |
4.2 Price Multiples
- BQE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BQE is cheaper than 62.50% of the companies in the same industry.
- 66.67% of the companies in the same industry are more expensive than BQE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.87 | ||
| EV/EBITDA | 12.21 |
4.3 Compensation for Growth
- BQE's 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)0.2
PEG (5Y)0.15
EPS Next 2Y28.42%
EPS Next 3Y22.74%
5. Dividend
5.1 Amount
- No dividends for BQE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX-V:BQE (1/16/2026, 7:00:00 PM)
68.55
-0.45 (-0.65%)
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 Cap89.11M
Revenue(TTM)32.47M
Net Income(TTM)7.42M
Analysts86.67
Price Target81.6 (19.04%)
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 | 12.03 | ||
| Fwd PE | 11.2 | ||
| P/S | 2.74 | ||
| P/FCF | 25.87 | ||
| P/OCF | 23.68 | ||
| P/B | 3.28 | ||
| P/tB | 3.29 | ||
| EV/EBITDA | 12.21 |
EPS(TTM)5.7
EY8.32%
EPS(NY)6.12
Fwd EY8.93%
FCF(TTM)2.65
FCFY3.87%
OCF(TTM)2.9
OCFY4.22%
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.