BQE Water
Market Cap
CA$10.7m
Last Updated
2020/02/26 00:00 UTC
Data Sources
Company Financials
Executive Summary
BQE Water Inc., a water treatment company, provides wastewater treatment services to the mining and metallurgical industry in Canada, the United States, Mexico, Chile, China, and internationally.
Snowflake Analysis
Adequate balance sheet with acceptable track record.
Share Price & News
How has BQE Water's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BQE has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.3%
BQE
-3.9%
CA Commercial Services
-3.8%
CA Market
1 Year Return
28.6%
BQE
26.1%
CA Commercial Services
0.5%
CA Market
Return vs Industry: BQE exceeded the Canadian Commercial Services industry which returned 26.1% over the past year.
Return vs Market: BQE exceeded the Canadian Market which returned 0.5% over the past year.
Shareholder returns
| BQE | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.3% | -3.9% | -3.8% |
| 30 Day | 2.3% | 1.4% | -2.0% |
| 90 Day | 9.8% | 8.0% | -0.3% |
| 1 Year | 28.6%28.6% | 28.9%26.1% | 3.7%0.5% |
| 3 Year | 50.0%50.0% | 50.8%42.1% | 13.6%3.4% |
| 5 Year | 157.1%157.1% | 83.9%58.7% | 30.2%11.2% |
Price Volatility Vs. Market
How volatile is BQE Water's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
How Good Is BQE Water Inc. (CVE:BQE), When It Comes To ROE?1 month ago | Simply Wall St
Does BQE Water Inc.'s (CVE:BQE) CEO Pay Reflect Performance?1 month ago | Simply Wall St
A Look At The Fair Value Of BQE Water Inc. (CVE:BQE)Valuation
Is BQE Water undervalued compared to its fair value and its price relative to the market?
16.93x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BQE (CA$9) is trading above our estimate of fair value (CA$7.23)
Significantly Below Fair Value: BQE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BQE is good value based on its PE Ratio (16.9x) compared to the Commercial Services industry average (22.7x).
PE vs Market: BQE is poor value based on its PE Ratio (16.9x) compared to the Canadian market (15.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BQE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BQE is overvalued based on its PB Ratio (1.6x) compared to the CA Commercial Services industry average (1x).
Next Steps
Future Growth
How is BQE Water forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
23.4%
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.
Next Steps
- Examine BQE Water's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- BQE Water competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
Past Performance
How has BQE Water performed over the past 5 years?
44.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BQE has high quality earnings.
Growing Profit Margin: BQE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BQE has become profitable over the past 5 years, growing earnings by 44.7% per year.
Accelerating Growth: BQE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BQE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (2.1%).
Return on Equity
High ROE: BQE's Return on Equity (8.8%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is BQE Water's financial position?
Financial Position Analysis
Short Term Liabilities: BQE's short term assets (CA$3.0M) exceed its short term liabilities (CA$1.9M).
Long Term Liabilities: BQE's short term assets (CA$3.0M) exceed its long term liabilities (CA$325.5K).
Debt to Equity History and Analysis
Debt Level: BQE's debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BQE's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Inventory Level: BQE has a low level of unsold assets or inventory.
Debt Coverage by Assets: BQE's debt is covered by short term assets (assets are 20.3x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BQE is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: BQE is profitable, therefore cash runway is not a concern.
Next Steps
Dividend
What is BQE Water's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate BQE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BQE's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
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 BQE'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?
5.8yrs
Average board tenure
CEO
David Kratochvil 0
5.9yrs
Tenure
CA$282,844
Compensation
Dr. David Kratochvil, P.Eng., Ph.D., has been Chief Executive Officer of BioteQ Environmental Technologies Inc. since March 1, 2014 and has been its President since April 2011. Dr. Kratochvil served as the ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD212.85K) is above average for companies of similar size in the Canadian market ($USD155.12K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 6yrs | CA$144.45k | 3.66% CA$391.2k | |
| President | 5.9yrs | CA$282.84k | 1.09% CA$116.4k | |
| Director | 0.08yrs | no data | no data | |
| Independent Director | 1.5yrs | CA$3.95k | 0.27% CA$29.3k | |
| Independent Director | 9.8yrs | CA$20.90k | 1.37% CA$146.1k |
5.8yrs
Average Tenure
Experienced Board: BQE's board of directors are considered experienced (5.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BQE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.9%.
Top Shareholders
Company Information
BQE Water Inc.'s company bio, 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
- Market Cap: CA$10.678m
- Shares outstanding: 1.21m
- Website: https://www.bqewater.com
Number of Employees
Location
- BQE Water Inc.
- 900 Howe Street
- Suite 250
- Vancouver
- British Columbia
- V6Z 2M4
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BQE | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Dec 2000 |
| BTQN.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Dec 2000 |
| UL5A | BST (Boerse-Stuttgart) | Yes | Common Shares | DE | EUR | Dec 2000 |
Biography
BQE Water Inc., a water treatment company, provides wastewater treatment services to the mining and metallurgical industry in Canada, the United States, Mexico, Chile, 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. It also offers sulphate technologies, such as Sulf-IX and Sulf-IXC, which removes sulphate and hardness from wastewater; selenium removal technology, including Selen-IX that removes selenium from mining wastewater; and cyanide treatment technologies, such as SART, a process technology to remove the metallurgical interference of cyanide-soluble metals in gold cyanidation. The company was formerly known as BioteQ Environmental Technologies Inc. and changed its name to BQE Water Inc. in March 2017. BQE Water Inc. was founded in 1997 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/26 00:00 |
| End of Day Share Price | 2020/02/25 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.