​

BQE Water Inc.

TSXV:BQE Stock Report

Market Cap: CA$69.8m

BQE Water (BQE) Stock Overview

A water treatment company, provides wastewater management services and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally. More details

BQE fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 48.3% below our estimate of its fair value

Earnings are forecast to grow 3.2% per year

Earnings grew by 180% over the past year

Trading at good value compared to peers and industry

Risk Analysis

High level of non-cash earnings

Does not have a meaningful market cap (CA$70M)


BQE Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

View Stock Community

BQE Water Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for BQE Water
Historical stock prices
Current Share PriceCA$54.00
52 Week HighCA$67.40
52 Week LowCA$46.00
Beta0.56
1 Month Change7.38%
3 Month Change-1.82%
1 Year Change-3.66%
3 Year Change86.21%
5 Year Change260.00%
Change since IPO8.00%

Recent News & Updates

Returns Are Gaining Momentum At BQE Water (CVE:BQE)

May 27
Returns Are Gaining Momentum At BQE Water (CVE:BQE)

Recent updates

Returns Are Gaining Momentum At BQE Water (CVE:BQE)

May 27
Returns Are Gaining Momentum At BQE Water (CVE:BQE)

Here's Why BQE Water (CVE:BQE) Has Caught The Eye Of Investors

Apr 08
Here's Why BQE Water (CVE:BQE) Has Caught The Eye Of Investors

Market Cool On BQE Water Inc.'s (CVE:BQE) Earnings

Mar 12
Market Cool On BQE Water Inc.'s (CVE:BQE) Earnings

Returns At BQE Water (CVE:BQE) Are On The Way Up

Aug 11
Returns At BQE Water (CVE:BQE) Are On The Way Up

BQE Water's (CVE:BQE) Earnings Are Of Questionable Quality

May 03
BQE Water's (CVE:BQE) Earnings Are Of Questionable Quality

Why Investors Shouldn't Be Surprised By BQE Water Inc.'s (CVE:BQE) 47% Share Price Surge

Apr 10
Why Investors Shouldn't Be Surprised By BQE Water Inc.'s (CVE:BQE) 47% Share Price Surge

BQE Water's (CVE:BQE) Returns On Capital Are Heading Higher

Mar 14
BQE Water's (CVE:BQE) Returns On Capital Are Heading Higher

Investors Will Want BQE Water's (CVE:BQE) Growth In ROCE To Persist

Sep 19
Investors Will Want BQE Water's (CVE:BQE) Growth In ROCE To Persist

Does BQE Water (CVE:BQE) Deserve A Spot On Your Watchlist?

Apr 24
Does BQE Water (CVE:BQE) Deserve A Spot On Your Watchlist?

BQE Water's (CVE:BQE) Profits Appear To Have Quality Issues

Sep 02
BQE Water's (CVE:BQE) Profits Appear To Have Quality Issues

Here's Why I Think BQE Water (CVE:BQE) Is An Interesting Stock

Mar 24
Here's Why I Think BQE Water (CVE:BQE) Is An Interesting Stock

Do Its Financials Have Any Role To Play In Driving BQE Water Inc.'s (CVE:BQE) Stock Up Recently?

Feb 17
Do Its Financials Have Any Role To Play In Driving BQE Water Inc.'s (CVE:BQE) Stock Up Recently?

Here's Why We Think BQE Water (CVE:BQE) Is Well Worth Watching

Dec 15
Here's Why We Think BQE Water (CVE:BQE) Is Well Worth Watching

BQE Water Inc. (CVE:BQE) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Nov 19
BQE Water Inc. (CVE:BQE) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Shareholder Returns

BQECA Commercial ServicesCA Market
7D-0.1%-0.3%0.5%
1Y-3.7%20.6%16.5%

Return vs Industry: BQE underperformed the Canadian Commercial Services industry which returned 20.6% over the past year.

Return vs Market: BQE underperformed the Canadian Market which returned 16.5% over the past year.

Price Volatility

Is BQE's price volatile compared to industry and market?
BQE volatility
BQE Average Weekly Movement8.8%
Commercial Services Industry Average Movement6.5%
Market Average Movement8.8%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.0%

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

Volatility Over Time: BQE's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aDavid Kratochvilwww.bqewater.com

BQE Water Inc., a water treatment company, provides wastewater management services and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally. It offers water treatment solutions for mine drainage, run-off, waste rock seepage, tailings water, groundwater, and lime plant influent and/or effluent streams for treating metals, sulphate, selenium, nitrate, ammonia, and cyanide in the mining sector; smelting and refining services for treating metals and sulphate; and hydrometallurgy services for the treatment of metals, cyanide, and acids. The company’s metal recovery and removal technologies include BioSulphide and ChemSulphide technologies, which use biological or chemical sources of sulphide to remove dissolved metals from mining wastewater; and Met-IX technology that treats wastewater.

BQE Water Inc. Fundamentals Summary

How do BQE Water's earnings and revenue compare to its market cap?
BQE fundamental statistics
Market capCA$69.80m
Earnings (TTM)CA$7.02m
Revenue (TTM)CA$22.12m
9.9x
P/E Ratio
3.2x
P/S Ratio

Is BQE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BQE income statement (TTM)
RevenueCA$22.12m
Cost of RevenueCA$11.61m
Gross ProfitCA$10.51m
Other ExpensesCA$3.49m
EarningsCA$7.02m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)5.43
Gross Margin47.52%
Net Profit Margin31.73%
Debt/Equity Ratio1.9%

How did BQE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/14 23:02
End of Day Share Price 2025/07/14 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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

BQE Water Inc. is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas CortellucciAtrium Research
Sara ElfordCanaccord Genuity
Massimo FioreCantor Fitzgerald Canada Corporation