Black Diamond Group Limited

TSX:BDI Stock Report

Market Cap: CA$571.7m

Black Diamond Group Valuation

Is BDI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BDI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BDI (CA$9.37) is trading below our estimate of fair value (CA$12.7)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BDI?

Key metric: As BDI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BDI. This is calculated by dividing BDI's market cap by their current earnings.
What is BDI's PE Ratio?
PE Ratio23.7x
EarningsCA$24.14m
Market CapCA$571.74m

Price to Earnings Ratio vs Peers

How does BDI's PE Ratio compare to its peers?

The above table shows the PE ratio for BDI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average37.5x
CGY Calian Group
50.7x50.6%CA$567.1m
DXT Dexterra Group
17.5x39.0%CA$508.3m
KBL K-Bro Linen
21.5x15.6%CA$403.1m
GDI GDI Integrated Facility Services
60.2x54.4%CA$903.6m
BDI Black Diamond Group
23.7x24.6%CA$571.7m

Price-To-Earnings vs Peers: BDI is good value based on its Price-To-Earnings Ratio (23.7x) compared to the peer average (37.5x).

Price to Earnings Ratio vs Industry

How does BDI's PE Ratio compare vs other companies in the North American Commercial Services Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BDI 23.7xIndustry Avg. 29.9xNo. of Companies9PE020406080100+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BDI is good value based on its Price-To-Earnings Ratio (23.7x) compared to the North American Commercial Services industry average (29.9x).

Price to Earnings Ratio vs Fair Ratio

What is BDI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BDI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.7x
Fair PE Ratio24.3x

Price-To-Earnings vs Fair Ratio: BDI is good value based on its Price-To-Earnings Ratio (23.7x) compared to the estimated Fair Price-To-Earnings Ratio (24.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BDI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$9.37
CA$12.54
+33.8%
11.5%CA$14.75CA$10.50n/a6
Dec ’25CA$8.68
CA$12.42
+43.0%
10.2%CA$14.00CA$10.50n/a6
Nov ’25CA$8.96
CA$12.42
+38.6%
10.2%CA$14.00CA$10.50n/a6
Oct ’25CA$9.65
CA$12.42
+28.7%
10.2%CA$14.00CA$10.50n/a6
Sep ’25CA$9.83
CA$12.21
+24.2%
12.2%CA$14.00CA$10.25n/a6
Aug ’25CA$9.24
CA$11.58
+25.4%
12.4%CA$14.00CA$9.75n/a6
Jul ’25CA$8.10
CA$11.63
+43.5%
11.9%CA$14.00CA$10.00n/a6
Jun ’25CA$7.89
CA$11.63
+47.3%
11.9%CA$14.00CA$10.00n/a6
May ’25CA$8.45
CA$11.92
+41.0%
9.2%CA$14.00CA$11.00n/a6
Apr ’25CA$8.80
CA$12.08
+37.3%
8.4%CA$14.00CA$11.00n/a6
Mar ’25CA$9.30
CA$11.42
+22.8%
8.2%CA$12.00CA$9.50n/a6
Feb ’25CA$8.97
CA$11.16
+24.5%
9.9%CA$12.48CA$9.50n/a6
Jan ’25CA$8.17
CA$10.75
+31.6%
11.9%CA$12.00CA$9.00n/a6
Dec ’24CA$8.56
CA$10.46
+22.2%
11.1%CA$12.00CA$9.00CA$8.686
Nov ’24CA$6.17
CA$9.17
+48.6%
8.3%CA$10.00CA$8.25CA$8.966
Oct ’24CA$7.20
CA$9.17
+27.3%
8.3%CA$10.00CA$8.25CA$9.656
Sep ’24CA$6.34
CA$9.00
+42.0%
10.8%CA$10.00CA$7.50CA$9.836
Aug ’24CA$5.88
CA$9.00
+53.1%
10.8%CA$10.00CA$7.50CA$9.246
Jul ’24CA$6.05
CA$9.00
+48.8%
10.8%CA$10.00CA$7.50CA$8.106
Jun ’24CA$6.08
CA$9.08
+49.4%
9.4%CA$10.00CA$8.00CA$7.896
May ’24CA$7.04
CA$9.13
+29.6%
8.9%CA$10.00CA$8.00CA$8.456
Apr ’24CA$5.94
CA$9.21
+55.0%
7.7%CA$10.00CA$8.50CA$8.806
Mar ’24CA$6.81
CA$7.75
+13.8%
6.5%CA$8.50CA$7.00CA$9.306
Feb ’24CA$5.30
CA$7.75
+46.2%
6.5%CA$8.50CA$7.00CA$8.976
Jan ’24CA$4.83
CA$7.79
+61.3%
6.0%CA$8.50CA$7.00CA$8.176
Dec ’23CA$4.50
CA$7.79
+73.1%
6.0%CA$8.50CA$7.00CA$8.566

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 10:30
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Black Diamond Group Limited is covered by 16 analysts. 6 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
Dana BennerATB Capital Markets
John GibsonBMO Capital Markets Equity Research