Badger Daylighting Ltd. provides non-destructive excavating and related services in Canada and the United States.
Excellent balance sheet and fair value.
Share Price & News
How has Badger Daylighting's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BADF.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BADF.F underperformed the US Construction industry which returned -27.8% over the past year.
Return vs Market: BADF.F underperformed the US Market which returned -15.9% over the past year.
Price Volatility Vs. Market
How volatile is Badger Daylighting's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Badger Daylighting undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BADF.F ($15.3) is trading below our estimate of fair value ($102.54)
Significantly Below Fair Value: BADF.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BADF.F is poor value based on its PE Ratio (13.8x) compared to the Construction industry average (10.2x).
PE vs Market: BADF.F is poor value based on its PE Ratio (13.8x) compared to the US market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: BADF.F is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: BADF.F is overvalued based on its PB Ratio (2.4x) compared to the US Construction industry average (1.2x).
How is Badger Daylighting forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BADF.F's forecast earnings growth (14.8% per year) is above the savings rate (1.7%).
Earnings vs Market: BADF.F's earnings (14.8% per year) are forecast to grow faster than the US market (13.4% per year).
High Growth Earnings: BADF.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: BADF.F's revenue (6.7% per year) is forecast to grow slower than the US market (7% per year).
High Growth Revenue: BADF.F's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BADF.F's Return on Equity is forecast to be low in 3 years time (19%).
How has Badger Daylighting performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BADF.F has high quality earnings.
Growing Profit Margin: BADF.F's current net profit margins (9.1%) are lower than last year (11%).
Past Earnings Growth Analysis
Earnings Trend: BADF.F's earnings have grown by 12.8% per year over the past 5 years.
Accelerating Growth: BADF.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BADF.F had negative earnings growth (-11.9%) over the past year, making it difficult to compare to the Construction industry average (23.5%).
Return on Equity
High ROE: BADF.F's Return on Equity (18.1%) is considered low.
How is Badger Daylighting's financial position?
Financial Position Analysis
Short Term Liabilities: BADF.F's short term assets (CA$218.5M) exceed its short term liabilities (CA$131.1M).
Long Term Liabilities: BADF.F's short term assets (CA$218.5M) exceed its long term liabilities (CA$207.2M).
Debt to Equity History and Analysis
Debt Level: BADF.F's debt to equity ratio (49.5%) is considered high.
Reducing Debt: BADF.F's debt to equity ratio has reduced from 55.4% to 49.5% over the past 5 years.
Debt Coverage: BADF.F's debt is well covered by operating cash flow (69.3%).
Interest Coverage: BADF.F's interest payments on its debt are well covered by EBIT (12.1x coverage).
Inventory Level: BADF.F has a high level of physical assets or inventory.
Debt Coverage by Assets: BADF.F's debt is covered by short term assets (assets are 1.3x debt).
What is Badger Daylighting's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BADF.F's dividend (2.6%) is higher than the bottom 25% of dividend payers in the US market (2.07%).
High Dividend: BADF.F's dividend (2.6%) is low compared to the top 25% of dividend payers in the US market (5.82%).
Stability and Growth of Payments
Stable Dividend: BADF.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: BADF.F's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.9%), BADF.F's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BADF.F's dividends in 3 years are forecast to be well covered by earnings (28.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Vanderberg (59yo)
Mr. Paul J. Vanderberg has been the Chief Executive Officer, President and Director at Badger Daylighting Ltd. since August 15, 2016. Mr. Vanderberg served as the President of Construction Products Distrib ...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD1.60M) is about average for companies of similar size in the US market ($USD2.26M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
|Chief Operating Officer||5.25yrs||CA$1.65m||0.016% CA$93.4k|
|Vice President of Human Resource||2.83yrs||CA$1.03m||0.014% CA$79.4k|
|Vice President of North American Operations – East||5yrs||CA$933.62k||0.017% CA$94.6k|
|VP of Finance & CFO||0.83yr||no data||0.029% CA$163.4k|
|Vice President of Financial Operations & Investor Relations||2.08yrs||no data||0.019% CA$106.1k|
|Vice-President of Treasury & Risk||0.67yr||no data||0.0043% CA$24.5k|
|Corporate Controller||1.67yrs||no data||no data|
|Vice President of Business Process Improvement||no data||no data||0.018% CA$104.5k|
Experienced Management: BADF.F's management team is considered experienced (2.5 years average tenure).
|Independent Director||11yrs||CA$191.94k||0.026% CA$150.3k|
|Independent Corporate Director||4.83yrs||CA$210.78k||0.086% CA$489.7k|
|Independent Chair of the Board||5.42yrs||CA$239.09k||0.14% CA$790.1k|
|Independent Director||0.83yr||no data||no data|
|Independent Corporate Director||4.83yrs||CA$177.57k||0.012% CA$65.9k|
|Independent Corporate Director||4.83yrs||CA$185.07k||no data|
|Independent Director||1.42yrs||CA$111.34k||0.014% CA$81.6k|
Experienced Board: BADF.F's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BADF.F 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.
Badger Daylighting Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Badger Daylighting Ltd.
- Ticker: BADF.F
- Exchange: OTCPK
- Founded: 1992
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: CA$804.652m
- Listing Market Cap: CA$569.351m
- Shares outstanding: 34.88m
- Website: https://www.badgerinc.com
Number of Employees
- Badger Daylighting Ltd.
- ATCO Building ll
- 4th Floor
- T2R 1P3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BAD||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Mar 1996|
|BADF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Mar 1996|
|6BD||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Mar 1996|
Badger Daylighting Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; slot trenching services for perimeter slot trenching, exposing existing cables or conduits, cable or conduit and drain tile installation, and line fault repairs; and service repair pits for gas service tie-in, electric cable fault repair, water main and service repair, and telecom splice applications. It also provides pole and piling holes services for utility, traffic signal, and transmission pole holes, as well as light standard and sign post holes; pole removals; end-bearing, pilot holes for friction, and spread footing piles; and well monitor installations applications. In addition, the company offers debris removal and tank cleanouts services for frac tank cleanouts, road and box culvert cleanouts, pipe-rammed casing cleanouts, ballast and filter media removal, and inside structures and buildings material removal; pipeline excavation services for pipeline crossing and tie-in, hydro probing, utility conflict, and oil and fuel spill applications; and anode installation, emergency response, and potholing services, as well as designs, engineers, and supplies excavation shoring systems. It serves the aggregate, construction, engineering, industrial, mining, oil and gas, power generation, transportation, and utility industries, as well as railway hydrovac services. As of December 31, 2019, it operated a fleet of 1,364 Badger hydrovacs. The company was founded in 1992 and is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 06:13|
|End of Day Share Price||2020/04/03 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.