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Black Diamond Group LimitedTSX:BDI Stock Report

Market Cap CA$1.2b
Share Price
CA$17.10
CA$20.46
16.4% undervalued intrinsic discount
1Y110.1%
7D0.6%
Portfolio Value
View

Black Diamond Group Limited

TSX:BDI Stock Report

Market Cap: CA$1.2b

Black Diamond Group (BDI) Stock Overview

Provides specialty rentals and industrial services in Canada, the United States, and Australia. More details

BDI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance5/6
Financial Health3/6
Dividends2/6

BDI Community Fair Values

Create Narrative

See what 16 others think this stock is worth. Follow their fair value or set your own to get alerts.

Black Diamond Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Black Diamond Group
Historical stock prices
Current Share PriceCA$17.10
52 Week HighCA$18.75
52 Week LowCA$8.03
Beta1.08
1 Month Change8.85%
3 Month Change3.70%
1 Year Change110.07%
3 Year Change140.85%
5 Year Change331.82%
Change since IPO277.48%

Recent News & Updates

BDI: Higher Projected Range And Stable Assumptions May Support Future Repricing

Analysts have raised their blended price target range for Black Diamond Group to approximately CA$20 to CA$22, citing updated research that maintains positive ratings and supports current assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E. Analyst Commentary Recent Street research points to a tighter consensus around valuation for Black Diamond Group, with bullish analysts clustering price targets in the CA$20 to CA$22 range.

BDI: Higher Price Range And Stable Assumptions Will Support Future Repricing

Analysts have lifted their consolidated price target range for Black Diamond Group from CA$17 to CA$20, to a new range of CA$20 to CA$22, reflecting updated views on the company’s outlook and valuation assumptions. Analyst Commentary Recent research points to a more constructive view on Black Diamond Group, with price targets now clustered between CA$20 and CA$22.

BDI: Raised Price Range And Stable P E Assumptions Will Drive Returns

Analysts have raised their blended price target range on Black Diamond Group to approximately CA$20 to CA$22. The revision is supported by updated models that keep fair value, revenue growth, profit margin assumptions and future P/E expectations broadly in line with prior estimates.

Recent updates

BDI: Higher Projected Range And Stable Assumptions May Support Future Repricing

Analysts have raised their blended price target range for Black Diamond Group to approximately CA$20 to CA$22, citing updated research that maintains positive ratings and supports current assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E. Analyst Commentary Recent Street research points to a tighter consensus around valuation for Black Diamond Group, with bullish analysts clustering price targets in the CA$20 to CA$22 range.

BDI: Higher Price Range And Stable Assumptions Will Support Future Repricing

Analysts have lifted their consolidated price target range for Black Diamond Group from CA$17 to CA$20, to a new range of CA$20 to CA$22, reflecting updated views on the company’s outlook and valuation assumptions. Analyst Commentary Recent research points to a more constructive view on Black Diamond Group, with price targets now clustered between CA$20 and CA$22.

BDI: Raised Price Range And Stable P E Assumptions Will Drive Returns

Analysts have raised their blended price target range on Black Diamond Group to approximately CA$20 to CA$22. The revision is supported by updated models that keep fair value, revenue growth, profit margin assumptions and future P/E expectations broadly in line with prior estimates.

BDI: Higher Margin Outlook And Elevated P E Expectations Will Shape Returns

The analyst price target for Black Diamond Group has shifted from CA$19.00 to about CA$20.46. Analysts point to updated assumptions around revenue growth, profit margins and future P/E expectations as key drivers of their revised view.

BDI: Higher Revenue Outlook And Margin Pressure Will Shape Future Returns

Analysts have kept their CA$19.00 price target on Black Diamond Group unchanged, citing revised assumptions that now pair higher projected revenue growth with a lower profit margin outlook, as well as a slightly adjusted discount rate and future P/E input. Valuation Changes Fair Value: CA$19.00 unchanged from the prior CA$19, with no change in the implied fair value per share.

BDI: Higher Dividend And Stronger P/E Outlook Will Support Future Returns

Narrative Update on Black Diamond Group Analysts have reaffirmed their price target at $19.00 for Black Diamond Group, citing relatively unchanged fair value assumptions along with small adjustments to the discount rate, revenue growth, profit margin and future P/E inputs. Valuation Changes Fair Value: Fair value per share remains unchanged at CA$19.00.

BDI: Higher Dividend And Rising P/E Expectations Will Support Steady Returns

Analysts have raised their price target on Black Diamond Group from $17.63 to $19.00, citing updated assumptions regarding the discount rate, revenue growth, profit margin, and a future P/E of 27.22x. What's in the News Black Diamond Group reported that from July 1, 2025 to September 30, 2025, it repurchased 0 shares for $0 million under its buyback program that was announced on May 8, 2025, leaving the authorization unused in this period (Key Developments).

BDI: Higher Dividend And Margin Outlook Will Support Steady Returns

Analysts have kept their price target for Black Diamond Group steady at $17.63, citing updated assumptions that include a lower discount rate, more moderate revenue growth expectations, and a higher projected profit margin supporting a similar forward P/E level. What's in the News Black Diamond Group Limited reported that from July 1, 2025 to September 30, 2025 it repurchased 0 shares for $0 million under its existing buyback program, with the company stating that this completes the repurchase of 0 shares for $0 million under the buyback announced on May 8, 2025 (Key Developments).

BDI: Future Dividend Increases Will Support Strong Return Momentum Into 2026

The analyst price target for Black Diamond Group has been raised to C$17. This reflects a modest uptick in valuation expectations as analysts cite sustained operational momentum and improved return potential.

BDI: Future Dividend Increase Will Drive Strong Momentum Into 2026

Analysts have increased their price target for Black Diamond Group to C$17. They cite improving fundamentals and a positive outlook, supported by strong revenue growth and stable profit margins.

BDI: Future Dividend Increase Will Support Ongoing Bullish Momentum

The analyst price target for Black Diamond Group has increased from C$16.75 to C$17.63. Analysts cited stronger revenue growth expectations and recent upward price target revisions as factors supporting a more optimistic outlook.

Black Diamond Group (TSE:BDI) Is Increasing Its Dividend To CA$0.045

Nov 03
Black Diamond Group (TSE:BDI) Is Increasing Its Dividend To CA$0.045

Canadian Policy Shifts And Infrastructure Projects Will Define Future Prospects

The analyst consensus price target for Black Diamond Group has increased notably, primarily driven by a sharp upward revision in revenue growth forecasts and a substantial reduction in the projected future P/E multiple, raising fair value estimates from CA$14.83 to CA$16.75. What's in the News No shares were repurchased under the buyback announced on May 8, 2025.

Black Diamond Group (TSE:BDI) Will Pay A Dividend Of CA$0.035

Sep 22
Black Diamond Group (TSE:BDI) Will Pay A Dividend Of CA$0.035

We Think You Should Be Aware Of Some Concerning Factors In Black Diamond Group's (TSE:BDI) Earnings

Aug 15
We Think You Should Be Aware Of Some Concerning Factors In Black Diamond Group's (TSE:BDI) Earnings

Black Diamond Group's (TSE:BDI) Dividend Will Be CA$0.035

Jun 26
Black Diamond Group's (TSE:BDI) Dividend Will Be CA$0.035

Black Diamond Group (TSE:BDI) Has Announced A Dividend Of CA$0.035

May 19
Black Diamond Group (TSE:BDI) Has Announced A Dividend Of CA$0.035

Why We Think Black Diamond Group Limited's (TSE:BDI) CEO Compensation Is Not Excessive At All

May 07
Why We Think Black Diamond Group Limited's (TSE:BDI) CEO Compensation Is Not Excessive At All

Black Diamond Group (TSE:BDI) Has Announced A Dividend Of CA$0.035

May 05
Black Diamond Group (TSE:BDI) Has Announced A Dividend Of CA$0.035

Is Black Diamond Group Limited (TSE:BDI) Potentially Undervalued?

Apr 08
Is Black Diamond Group Limited (TSE:BDI) Potentially Undervalued?

Black Diamond Group (TSE:BDI) Will Pay A Dividend Of CA$0.035

Mar 13
Black Diamond Group (TSE:BDI) Will Pay A Dividend Of CA$0.035
User avatar

Contracted Rental Pipeline And MSS Expansion Will Secure Future Stability

Strong growth in Modular Space Solutions and LodgeLink, with rising rental rates and high revenue growth, enhances future earnings prospects.

Black Diamond Group (TSE:BDI) Has Announced A Dividend Of CA$0.03

Aug 06
Black Diamond Group (TSE:BDI) Has Announced A Dividend Of CA$0.03

Black Diamond Group (TSE:BDI) Has Affirmed Its Dividend Of CA$0.03

Jun 17
Black Diamond Group (TSE:BDI) Has Affirmed Its Dividend Of CA$0.03

Earnings Miss: Black Diamond Group Limited Missed EPS By 69% And Analysts Are Revising Their Forecasts

May 05
Earnings Miss: Black Diamond Group Limited Missed EPS By 69% And Analysts Are Revising Their Forecasts

Shareholder Returns

BDICA Commercial ServicesCA Market
7D0.6%0.5%-1.7%
1Y110.1%-8.4%33.8%

Return vs Industry: BDI exceeded the Canadian Commercial Services industry which returned -8.3% over the past year.

Return vs Market: BDI exceeded the Canadian Market which returned 35.3% over the past year.

Price Volatility

Is BDI's price volatile compared to industry and market?
BDI volatility
BDI Average Weekly Movement3.9%
Commercial Services Industry Average Movement6.9%
Market Average Movement10.8%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.9%

Stable Share Price: BDI has not had significant price volatility in the past 3 months compared to the Canadian market.

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

About the Company

FoundedEmployeesCEOWebsite
20031,148Trevor Hayneswww.blackdiamondgroup.com

Black Diamond Group Limited provides specialty rentals and industrial services in Canada, the United States, and Australia. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries.

Black Diamond Group Limited Fundamentals Summary

How do Black Diamond Group's earnings and revenue compare to its market cap?
BDI fundamental statistics
Market capCA$1.19b
Earnings (TTM)CA$34.84m
Revenue (TTM)CA$456.92m
34.0x
P/E Ratio
2.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BDI income statement (TTM)
RevenueCA$456.92m
Cost of RevenueCA$254.31m
Gross ProfitCA$202.61m
Other ExpensesCA$167.77m
EarningsCA$34.84m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Apr 30, 2026

Earnings per share (EPS)0.50
Gross Margin44.34%
Net Profit Margin7.62%
Debt/Equity Ratio87.8%

How did BDI perform over the long term?

See historical performance and comparison

Dividends

1.1%
Current Dividend Yield
27%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/29 06:11
End of Day Share Price 2026/04/29 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Black Diamond Group Limited is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Trevor ReynoldsAcumen Capital Finance Partners Limited
Kyle McPheeATB Cormark
Kyle McPheeATB Cormark Historical (Cormark Securities)