| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
BQE Stock Overview
BQE Water Inc., a water treatment company, provides wastewater management and treatment services to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally.
BQE Water Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$29.00 |
| 52 Week High | CA$32.75 |
| 52 Week Low | CA$24.00 |
| Beta | 1.07 |
| 1 Month Change | -10.77% |
| 3 Month Change | 18.37% |
| 1 Year Change | -10.77% |
| 3 Year Change | 332.84% |
| 5 Year Change | 480.00% |
| Change since IPO | -42.00% |
Recent News & Updates
Does BQE Water (CVE:BQE) Deserve A Spot On Your Watchlist?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Shareholder Returns
| BQE | CA Commercial Services | CA Market | |
|---|---|---|---|
| 7D | -3.3% | 3.3% | 0.3% |
| 1Y | -10.8% | -23.8% | -3.7% |
Return vs Industry: BQE exceeded the Canadian Commercial Services industry which returned -23.9% over the past year.
Return vs Market: BQE underperformed the Canadian Market which returned -2.9% over the past year.
Price Volatility
| BQE volatility | |
|---|---|
| BQE Average Weekly Movement | n/a |
| Commercial Services Industry Average Movement | 7.9% |
| Market Average Movement | 10.0% |
| 10% most volatile stocks in CA Market | 17.2% |
| 10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: Insufficient data to determine BQE's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine BQE's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | n/a | David Kratochvil | https://www.bqewater.com |
BQE Water Inc., a water treatment company, provides wastewater management and treatment services 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 precipitate dissolved metals from mining wastewater; and Met-IX technology that treats wastewater.
BQE Water Fundamentals Summary
| BQE fundamental statistics | |
|---|---|
| Market Cap | CA$36.20m |
| Earnings (TTM) | CA$3.34m |
| Revenue (TTM) | CA$9.00m |
10.8x
P/E Ratio4.0x
P/S RatioIs BQE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BQE income statement (TTM) | |
|---|---|
| Revenue | CA$9.00m |
| Cost of Revenue | CA$4.97m |
| Gross Profit | CA$4.03m |
| Other Expenses | CA$683.18k |
| Earnings | CA$3.34m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.68 |
| Gross Margin | 44.74% |
| Net Profit Margin | 37.15% |
| Debt/Equity Ratio | 2.9% |
How did BQE perform over the long term?
See historical performance and comparisonValuation
Is BQE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BQE?
Other financial metrics that can be useful for relative valuation.
| What is BQE's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$36.20m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 3.7x |
| Enterprise Value/EBITDA | 95.3x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does BQE's PE Ratio compare to its peers?
| BQE PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 34x | ||
VTX Vertex Resource Group | 26.6x | n/a | CA$39.7m |
KUT RediShred Capital | 94.9x | 74.5% | CA$63.8m |
BLM BluMetric Environmental | 3.5x | n/a | CA$9.9m |
BRM BIOREM | 7.7x | n/a | CA$12.4m |
BQE BQE Water | 10.8x | n/a | CA$36.2m |
Price-To-Earnings vs Peers: BQE is good value based on its Price-To-Earnings Ratio (10.8x) compared to the peer average (34x).
Price to Earnings Ratio vs Industry
How does BQE's PE Ratio compare vs other companies in the North American Commercial Services Industry?
Price-To-Earnings vs Industry: BQE is good value based on its Price-To-Earnings Ratio (10.8x) compared to the Canadian Commercial Services industry average (27.4x)
Price to Earnings Ratio vs Fair Ratio
What is BQE'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 10.8x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BQE's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of BQE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate BQE's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate BQE's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BQE's PEG Ratio to determine if it is good value.
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Future Growth
How is BQE Water forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
76.3%
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 BQE Water 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.
Discover growth companies
- Check out BQE Water's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- BQE Water competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has BQE Water performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
69.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BQE has a high level of non-cash earnings.
Growing Profit Margin: BQE's current net profit margins (37.2%) are higher than last year (9.8%).
Past Earnings Growth Analysis
Earnings Trend: BQE has become profitable over the past 5 years, growing earnings by 69% per year.
Accelerating Growth: BQE's earnings growth over the past year (404.8%) exceeds its 5-year average (69% per year).
Earnings vs Industry: BQE earnings growth over the past year (404.8%) exceeded the Commercial Services industry -42.1%.
Return on Equity
High ROE: BQE's Return on Equity (29.2%) is considered high.
Discover strong past performing companies
Financial Health
How is BQE Water's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: BQE's short term assets (CA$6.4M) exceed its short term liabilities (CA$2.0M).
Long Term Liabilities: BQE's short term assets (CA$6.4M) exceed its long term liabilities (CA$765.7K).
Debt to Equity History and Analysis
Debt Level: BQE has more cash than its total debt.
Reducing Debt: BQE's debt to equity ratio has reduced from 33.8% to 2.9% over the past 5 years.
Debt Coverage: BQE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BQE's interest payments on its debt are well covered by EBIT (13.6x coverage).
Balance Sheet
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Dividend
What is BQE Water current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BQE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BQE'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 BQE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BQE's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as BQE has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
David Kratochvil
11.17yrs
Tenure
CA$300,279
Compensation
Dr. David Kratochvil, P.Eng., Ph D., has been Chief Executive Officer of BQE Water Inc. (formerly known as BioteQ Environmental Technologies Inc.) since December 2014 and has been its President since April...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD232.88K) is above average for companies of similar size in the Canadian market ($USD174.83K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BQE's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: BQE's board of directors are considered experienced (8.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BQE insiders have sold more shares than they have bought 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
BQE Water Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: BQE Water Inc.
- Ticker: BQE
- Exchange: TSXV
- Founded: 1997
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Implied Market Cap: CA$36.196m
- Shares outstanding: 1.25m
- Website: https://www.bqewater.com
Location
- BQE Water Inc.
- 900 Howe Street
- Suite 250
- Vancouver
- British Columbia
- V6Z 2M4
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/29 00:00 |
| End of Day Share Price | 2022/06/27 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.