BluMetric Environmental Inc. provides solution-oriented consultation, design, products, and construction services to clients with environmental issues in Canada and internationally.
+ 1 more risk
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.
7 Day Return
CA Commercial Services
1 Year Return
CA Commercial Services
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.
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
1 week ago | Simply Wall StDid Changing Sentiment Drive BluMetric Environmental's (CVE:BLM) Share Price Down A Worrying 63%?
1 month ago | Simply Wall StA Rising Share Price Has Us Looking Closely At BluMetric Environmental Inc.'s (CVE:BLM) P/E Ratio
2 months ago | Simply Wall StA Sliding Share Price Has Us Looking At BluMetric Environmental Inc.'s (CVE:BLM) P/E Ratio
Is BluMetric Environmental undervalued compared to its fair value and its price relative to the market?
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).
How is BluMetric Environmental forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether BluMetric Environmental is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- BluMetric Environmental competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has BluMetric Environmental performed over the past 5 years?
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.
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$3.3M).
Debt to Equity History and Analysis
Debt Level: BLM's debt to equity ratio (58.2%) is considered high.
Reducing Debt: BLM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: BLM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BLM's interest payments on its debt are not well covered by EBIT (1.8x coverage).
What is BluMetric Environmental's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BLM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BLM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BLM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BLM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BLM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Scott Andrew MacFabe, PHg, PG, has been Chief Executive Officer at BluMetric Environmental Inc. since March 1, 2018 and Director since March 28, 2018. He served as CEO, President/COO of Industrial and ...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($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.
|CEO & Director||2.17yrs||CA$256.03k||no data|
|CFO & Secretary||5.25yrs||CA$233.51k||no data|
|Senior Director of Operations||1.92yrs||CA$172.24k||no data|
|Consultant||4.17yrs||no data||no data|
Experienced Management: BLM's management team is considered experienced (3.2 years average tenure).
|CEO & Director||2.17yrs||CA$256.03k||no data|
|Independent Director||6.33yrs||CA$32.84k||0.15% CA$4.2k|
|Independent Chair of the Board||0.17yr||CA$16.00k||0.21% CA$6.1k|
|Independent Director||1.17yrs||CA$15.52k||no data|
|Independent Director||0.17yr||no data||2.48% CA$71.0k|
Experienced Board: BLM's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
BluMetric Environmental Inc.'s company bio, employee growth, exchange listings and data sources
- Name: BluMetric Environmental Inc.
- Ticker: BLM
- Exchange: TSXV
- 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
- BluMetric Environmental Inc.
- 3108 Carp Road
- PO Box 430
- K0A 1L0
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BLM||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Nov 2012|
|SEPO.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Nov 2012|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 04:00|
|End of Day Share Price||2020/05/21 00:00|
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.