TSXV:BLM

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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 Analysis

Fair value with mediocre 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

Stable Share Price: BLM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

BLM

-0.2%

CA Commercial Services

1.9%

CA Market


1 Year Return

-44.4%

BLM

7.7%

CA Commercial Services

-12.0%

CA Market

Return vs Industry: BLM underperformed the Canadian Commercial Services industry which returned 7.7% over the past year.

Return vs Market: BLM underperformed the Canadian Market which returned -12% over the past year.


Shareholder returns

BLMIndustryMarket
7 Day0%-0.2%1.9%
30 Day-9.1%11.3%3.5%
90 Day-23.1%-10.4%-10.5%
1 Year-44.4%-44.4%9.6%7.7%-8.9%-12.0%
3 Year-65.5%-65.5%29.7%21.8%-0.1%-9.4%
5 Year-33.3%-33.3%46.8%27.8%14.7%-2.4%

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?

2.85x

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 (2.9x) compared to the Commercial Services industry average (19x).

PE vs Market: BLM is good value based on its PE Ratio (2.9x) compared to the Canadian market (12.7x).


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 (0.4x) compared to the CA Commercial Services industry average (1x).


Next Steps

Future Growth

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

53.1%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BluMetric Environmental has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has BluMetric Environmental performed over the past 5 years?

64.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLM has a large one-off gain of CA$947.9K impacting its December 31 2019 financial results.

Growing Profit Margin: BLM's current net profit margins (3.7%) are lower than last year (8.5%).


Past Earnings Growth Analysis

Earnings Trend: BLM has become profitable over the past 5 years, growing earnings by 64.9% per year.

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

Earnings vs Industry: BLM had negative earnings growth (-63.4%) over the past year, making it difficult to compare to the Commercial Services industry average (-18.9%).


Return on Equity

High ROE: BLM's Return on Equity (15.6%) is considered low.


Next Steps

Financial Health

How is BluMetric Environmental's financial position?


Financial Position Analysis

Short Term Liabilities: BLM's short term assets (CA$9.0M) exceed its short term liabilities (CA$4.0M).

Long Term Liabilities: BLM's short term assets (CA$9.0M) exceed its long term liabilities (CA$3.3M).


Debt to Equity History and Analysis

Debt Level: BLM's debt to equity ratio (58.2%) is considered high.

Reducing Debt: BLM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

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 not well covered by EBIT (1.8x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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

3.2yrs

Average management tenure


CEO

Scott MacFabe

2.17yrs

Tenure

CA$256,032

Compensation

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  ...


CEO Compensation Analysis

Compensation vs Market: Scott's total compensation ($USD185.63K) is about average for companies of similar size in the Canadian market ($USD157.33K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Scott MacFabe
CEO & Director2.17yrsCA$256.03kno data
Vivian Karaiskos
CFO & Secretary5.25yrsCA$233.51kno data
Tim Beckenham
Senior Director of Operations1.92yrsCA$172.24kno data
Dan Scroggins
Consultant4.17yrsno datano data

3.2yrs

Average Tenure

Experienced Management: BLM's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Scott MacFabe
CEO & Director2.17yrsCA$256.03kno data
Jane Pagel
Independent Director6.33yrsCA$32.84k0.15% CA$4.2k
Geoff Simonett
Independent Chair of the Board0.17yrCA$16.00k0.21% CA$6.1k
Jeffrey Talley
Independent Director1.17yrsCA$15.52kno data
Ian Macdonald
Independent Director0.17yrno data2.48% CA$71.0k

1.2yrs

Average Tenure

Experienced Board: BLM's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: BLM 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

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$2.868m
  • 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 professional services in the fields of environmental geosciences and engineering, industrial hygiene, occupational health and safety, renewable energy, water and waste water treatment, and environmental contracting and management. Its professional services include environmental permitting and compliance, environmental reporting, environmental site assessments, geomatics and data management, industrial hygiene, management systems, physical hydrogeology and clean water, property assessments and environmental due diligence, waste management, and waterpower and hydraulic structures, as well as occupational health, and safety and ergonomics. The company also provides SROD - shipboard reverse osmosis desalinator systems; and ROWPU- reverse osmosis water purification units that produce drinking water from nearly water source. The company serves commercial and industrial customers, military, mining, and governments. BluMetric Environmental Inc. is headquartered in Ottawa, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 04:00
End of Day Share Price2020/05/21 00:00
Earnings2019/12/31
Annual Earnings2019/09/30


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.