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. Both the health and profitability get an excellent rating, making BQE a very profitable company, without any liquidiy or solvency issues. An interesting combination arises when we look at growth and value: BQE is growing strongly while it also seems undervalued. 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
- 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 96.00% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 13.85%, BQE belongs to the best of the industry, outperforming 96.00% 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 has a Profit Margin of 22.86%. This is amongst the best in the industry. BQE outperforms 96.00% of its industry peers.
- BQE's Profit Margin has improved in the last couple of years.
- BQE has a better Operating Margin (17.34%) than 92.00% of its industry peers.
- BQE has a Gross Margin of 41.38%. This is in the better half of the industry: BQE outperforms 76.00% of its industry peers.
- 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
- 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.
- Compared to 5 years ago, BQE has more shares outstanding
- BQE has a better debt/assets ratio than last year.
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.
- BQE's Altman-Z score of 8.72 is amongst the best of the industry. BQE outperforms 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.
- 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 92.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.68 | ||
| Altman-Z | 8.72 |
ROIC/WACC1.74
WACC7.94%
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.
- 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 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
- The Earnings Per Share has grown by an impressive 82.69% over the past year.
- Measured over the past years, BQE shows a very strong growth in Earnings Per Share. The EPS has been growing by 79.78% on average per year.
- BQE shows a strong growth in Revenue. In the last year, 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
- 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.
- BQE is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 34.45% yearly.
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.
- 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 correctly with a Price/Earnings ratio of 12.63.
- 96.00% of the companies in the same industry are more expensive than BQE, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of BQE to the average of the S&P500 Index (27.16), 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's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.63 | ||
| Fwd PE | 11.77 |
4.2 Price Multiples
- BQE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BQE is cheaper than 68.00% of the companies in the same industry.
- 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.
- BQE has a very decent profitability rating, which 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
- No dividends for BQE!.
| 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.