company background image
BDT

Bird Construction TSX:BDT Stock Report

Last Price

CA$8.17

Market Cap

CA$438.7m

7D

3.4%

1Y

-16.5%

Updated

21 May, 2022

Data

Company Financials +
BDT fundamental analysis
Snowflake Score
Valuation6/6
Future Growth3/6
Past Performance1/6
Financial Health6/6
Dividends4/6

BDT Stock Overview

Bird Construction Inc. operates as a general contractor in Canada.

Bird Construction Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Bird Construction
Historical stock prices
Current Share PriceCA$8.17
52 Week HighCA$10.78
52 Week LowCA$7.61
Beta1.32
1 Month Change-9.52%
3 Month Change-13.54%
1 Year Change-16.46%
3 Year Change49.63%
5 Year Change-4.11%
Change since IPO568.45%

Recent News & Updates

May 15
Bird Construction (TSE:BDT) Will Pay A Dividend Of CA$0.033

Bird Construction (TSE:BDT) Will Pay A Dividend Of CA$0.033

The board of Bird Construction Inc. ( TSE:BDT ) has announced that it will pay a dividend on the 20th of June, with...

May 12
Capital Investments At Bird Construction (TSE:BDT) Point To A Promising Future

Capital Investments At Bird Construction (TSE:BDT) Point To A Promising Future

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...

Shareholder Returns

BDTCA ConstructionCA Market
7D3.4%0.8%0.8%
1Y-16.5%-8.1%4.9%

Return vs Industry: BDT underperformed the Canadian Construction industry which returned -8.1% over the past year.

Return vs Market: BDT underperformed the Canadian Market which returned 4.8% over the past year.

Price Volatility

Is BDT's price volatile compared to industry and market?
BDT volatility
BDT Average Weekly Movement4.1%
Construction Industry Average Movement4.5%
Market Average Movement9.9%
10% most volatile stocks in CA Market16.9%
10% least volatile stocks in CA Market4.3%

Stable Share Price: BDT is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BDT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1920n/aTeri McKibbonhttps://www.bird.ca

Bird Construction Inc. operates as a general contractor in Canada. The company primarily focuses on projects in the industrial, commercial, and institutional sectors of the general contracting industry. It constructs industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; undertakes structural, mechanical, piping, electrical, and instrumentation works that include off-site metal and modular fabrication; and provides insulation, metal siding and cladding, ductwork, asbestos abatement, and high voltage testing and commissioning services, as well as constructs power lines.

Bird Construction Fundamentals Summary

How do Bird Construction's earnings and revenue compare to its market cap?
BDT fundamental statistics
Market CapCA$438.69m
Earnings (TTM)CA$42.03m
Revenue (TTM)CA$2.25b

10.4x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BDT income statement (TTM)
RevenueCA$2.25b
Cost of RevenueCA$2.03b
Gross ProfitCA$218.18m
Other ExpensesCA$176.16m
EarningsCA$42.03m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.78
Gross Margin9.69%
Net Profit Margin1.87%
Debt/Equity Ratio31.2%

How did BDT perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

49%

Payout Ratio

Does BDT pay a reliable dividends?

See BDT dividend history and benchmarks
When do you need to buy BDT by to receive an upcoming dividend?
Bird Construction dividend dates
Ex Dividend DateMay 30 2022
Dividend Pay DateJun 20 2022
Days until Ex dividend8 days
Days until Dividend pay date29 days

Does BDT pay a reliable dividends?

See BDT dividend history and benchmarks

Valuation

Is Bird Construction undervalued compared to its fair value and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: BDT (CA$8.17) is trading below our estimate of fair value (CA$32.36)

Significantly Below Fair Value: BDT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BDT is good value based on its PE Ratio (10.4x) compared to the North American Construction industry average (24.8x).

PE vs Market: BDT is good value based on its PE Ratio (10.4x) compared to the Canadian market (11.5x).


Price to Earnings Growth Ratio

PEG Ratio: BDT is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: BDT is good value based on its PB Ratio (1.8x) compared to the CA Construction industry average (2.6x).


Future Growth

How is Bird Construction forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BDT's forecast earnings growth (20.8% per year) is above the savings rate (1.6%).

Earnings vs Market: BDT's earnings (20.8% per year) are forecast to grow faster than the Canadian market (7.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BDT's revenue (3.9% per year) is forecast to grow slower than the Canadian market (6.4% per year).

High Growth Revenue: BDT's revenue (3.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BDT's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Bird Construction performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


47.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BDT has a large one-off loss of CA$35.2M impacting its March 31 2022 financial results.

Growing Profit Margin: BDT's current net profit margins (1.9%) are lower than last year (2.6%).


Past Earnings Growth Analysis

Earnings Trend: BDT's earnings have grown significantly by 47.9% per year over the past 5 years.

Accelerating Growth: BDT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BDT had negative earnings growth (-0.2%) over the past year, making it difficult to compare to the Construction industry average (25.5%).


Return on Equity

High ROE: BDT's Return on Equity (17.2%) is considered low.


Financial Health

How is Bird Construction's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BDT's short term assets (CA$814.4M) exceed its short term liabilities (CA$669.6M).

Long Term Liabilities: BDT's short term assets (CA$814.4M) exceed its long term liabilities (CA$162.4M).


Debt to Equity History and Analysis

Debt Level: BDT has more cash than its total debt.

Reducing Debt: BDT's debt to equity ratio has reduced from 47.1% to 31.2% over the past 5 years.

Debt Coverage: BDT's debt is well covered by operating cash flow (107.5%).

Interest Coverage: BDT's interest payments on its debt are well covered by EBIT (18.2x coverage).


Balance Sheet


Dividend

What is Bird Construction current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.77%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 22 2022Ex Dividend DateMay 30 2022Dividend Pay DateJun 20 202221 days from Ex DividendBuy in the next 8 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: BDT's dividend (4.77%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).

High Dividend: BDT's dividend (4.77%) is low compared to the top 25% of dividend payers in the Canadian market (4.91%).


Stability and Growth of Payments

Stable Dividend: BDT's dividends per share have been stable in the past 10 years.

Growing Dividend: BDT's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (49.3%), BDT's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (31.8%), BDT's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.2yrs

Average management tenure


CEO

Teri McKibbon (57 yo)

2.83yrs

Tenure

CA$3,127,461

Compensation

Mr. Terrance Lloyd McKibbon, also known as Teri, ICD D, has been the Chief Executive Officer, President and Director of Bird Construction Inc. since July 1, 2019 and served as its Chief Operating Officer s...


CEO Compensation Analysis

Compensation vs Market: Teri's total compensation ($USD2.44M) is above average for companies of similar size in the Canadian market ($USD974.36K).

Compensation vs Earnings: Teri's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BDT's management team is considered experienced (4.2 years average tenure).


Board Members

Experienced Board: BDT's board of directors are seasoned and experienced ( 12.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BDT insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bird Construction Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Bird Construction Inc.
  • Ticker: BDT
  • Exchange: TSX
  • Founded: 1920
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: CA$438.691m
  • Shares outstanding: 53.70m
  • Website: https://www.bird.ca

Number of Employees


Location

  • Bird Construction Inc.
  • 5700 Explorer Drive
  • Suite 400
  • Mississauga
  • Ontario
  • L4W 0C6
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/21 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.