TSXV:BLM

Stock Analysis Report

BluMetric Environmental

Executive Summary

BluMetric Environmental Inc. provides solution-oriented consultation, design, products, and construction services to clients with environmental issues in Canada and internationally.

Snowflake

Fundamentals

Solid track record with adequate balance sheet.

Share Price & News

How has BluMetric Environmental's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

BLM

1.6%

CA Commercial Services

0.2%

CA Market


1 Year Return

-30.6%

BLM

-10.9%

CA Commercial Services

3.5%

CA Market

Return vs Industry: BLM underperformed the Canadian Commercial Services industry which returned -10.9% over the past year.

Return vs Market: BLM underperformed the Canadian Market which returned 3.5% over the past year.


Shareholder returns

BLMIndustryMarket
7 Day0%1.6%0.2%
30 Day-13.8%-4.9%-3.3%
90 Day-24.2%-4.5%-1.9%
1 Year-30.6%-30.6%-7.7%-10.9%7.3%3.5%
3 Year-59.7%-59.7%1.3%-6.8%14.7%4.4%
5 Year4.2%4.2%-18.2%-33.0%26.2%7.7%

Price Volatility Vs. Market

How volatile is BluMetric Environmental's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BluMetric Environmental undervalued compared to its fair value and its price relative to the market?

1.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BLM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BLM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BLM is good value based on its PE Ratio (1.4x) compared to the Commercial Services industry average (12.8x).

PE vs Market: BLM is good value based on its PE Ratio (1.4x) compared to the Canadian market (13.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BLM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BLM is good value based on its PB Ratio (0.6x) compared to the CA Commercial Services industry average (0.8x).


Next Steps

Future Growth

How is BluMetric Environmental forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-17.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BLM's earnings are forecast to decline over the next 3 years (-17.4% per year).

Earnings vs Market: BLM's earnings are forecast to decline over the next 3 years (-17.4% per year).

High Growth Earnings: BLM's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if BLM's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if BLM's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has BluMetric Environmental performed over the past 5 years?

77.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BLM has become profitable over the past 5 years, growing earnings by 77.4% per year.

Accelerating Growth: BLM's earnings growth over the past year (838.7%) exceeds its 5-year average (77.4% per year).

Earnings vs Industry: BLM earnings growth over the past year (838.7%) exceeded the Commercial Services industry -2.1%.


Return on Equity

High ROE: BLM's Return on Equity (47.6%) is considered outstanding.


Return on Assets

ROA vs Industry: BLM has a higher Return on Assets than the Commercial Services industry average last year.


Return on Capital Employed

ROCE Improving: BLM's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is BluMetric Environmental's financial position?


Financial Position Analysis

Short Term Liabilities: BLM's short term assets (CA$8.6M) exceeds its short term liabilities (CA$4.2M)

Long Term Liabilities: BLM's short term assets (8.6M) exceeds its long term liabilities (2.7M)


Debt to Equity History and Analysis

Debt Level: BLM's debt to equity ratio (70.1%) is considered high

Reducing Debt: BLM's debt to equity ratio has reduced from 548.6% to 70.1% over the past 5 years.

Debt Coverage: BLM's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: BLM's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet

Inventory Level: BLM has a low level of unsold assets or inventory.

Debt Coverage by Assets: BLM's debt is covered by short term assets (assets are 2.208350x debt).


Next Steps

Dividend

What is BluMetric Environmental's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.9%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate BLM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BLM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if BLM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BLM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BLM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of BluMetric Environmental's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Scott MacFabe 0

1.6yrs

Tenure

0

Mr. Scott Andrew MacFabe, PHg, PG, has been Chief Executive Officer at BluMetric Environmental Inc. since March 1, 2018 and Director since March 28, 2018. He served as CEO, President/COO of Industrial and  ...


Management Age and Tenure

4.3yrs

Average Tenure

Experienced Management: BLM's management team is considered experienced (4.3 years average tenure).


Board Age and Tenure

2.6yrs

Average Tenure

Experienced Board: BLM's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Vivian Karaiskos

    CFO & Secretary

    • Tenure: 4.7yrs
    • Compensation: CA$213.33k
  • Dan Scroggins

    Senior Vice President of Research & Innovation

    • Tenure: 4.3yrs
  • Scott MacFabe

    CEO & Director

    • Tenure: 1.6yrs

Board Members

  • Jane Pagel

    Chairman

    • Tenure: 2.6yrs
    • Compensation: CA$30.00k
  • Hu Fleming

    Director

    • Tenure: 2.6yrs
    • Compensation: CA$14.00k
  • Vijay Jog

    Director

    • Tenure: 2.6yrs
    • Compensation: CA$18.00k
  • Ron Donaldson

    Director

    • Tenure: 2.6yrs
  • Geoff Simonett

    Director

    • Tenure: 3.6yrs
    • Compensation: CA$14.00k
  • Scott MacFabe

    CEO & Director

    • Tenure: 1.6yrs
  • Jeff Talley

    Director

    • Tenure: 0.6yrs

Company Information

BluMetric Environmental Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BluMetric Environmental Inc.
  • Ticker: BLM
  • Exchange: TSXV
  • Founded:
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: CA$3.584m
  • Shares outstanding: 28.68m
  • Website: https://www.blumetric.ca

Number of Employees


Location

  • BluMetric Environmental Inc.
  • 3108 Carp Road
  • PO Box 430
  • Ottawa
  • Ontario
  • K0A 1L0
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BLMTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2012
SEPO.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2012

Biography

BluMetric Environmental Inc. provides solution-oriented consultation, design, products, and construction services to clients with environmental issues in Canada and internationally. The company offers prof ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 00:28
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2018/09/30


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.