How does BIRM.F's PE Ratio compare to its peers?

BIRM.F is good value based on its Price-To-Earnings Ratio (9.1x) compared to the peer average (13.3x).

How does BIRM.F's PE Ratio compare vs other companies in the US Commercial Services Industry?

BIRM.F is good value based on its Price-To-Earnings Ratio (9.1x) compared to the US Commercial Services industry average (31x).

What is BIRM.F'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.

Insufficient data to calculate BIRM.F's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of BIRM.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

BIRM.F ($2.09) is trading below our estimate of [[fair value]] ($13.48)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

BIRM.F Stock Overview

A clean technology engineering company, designs, manufactures, distributes, and sells air pollution control systems that are used to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs). More details

BIRM.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	6/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 84.5% below our estimate of its fair value

Earnings grew by 711.5% over the past year

Risk Analysis

Shareholders have been diluted in the past year

Significant insider selling over the past 3 months

Does not have a meaningful market cap ($52M)

Volatile share price over the past 3 months compared to the US market

My Notes

Capture your thoughts, links and company narrative

BioRem Inc. Competitors

Sustainable Green Team

OTCPK:SGTM

US$35.6m

CDT Environmental Technology Investment Holdings

NasdaqCM:CDTG

US$45.6m

YY Group Holding

NasdaqCM:YYGH

US$65.1m

Pacific Green Technologies

OTCPK:PGTK

US$28.5m

Price History & Performance

Summary of share price highs, lows and changes for BioRem
Historical stock prices
Current Share Price	CA$2.09
52 Week High	CA$2.35
52 Week Low	CA$0.75
Beta	0.92
1 Month Change	-2.66%
3 Month Change	18.24%
1 Year Change	177.56%
3 Year Change	161.60%
5 Year Change	575.10%
Change since IPO	1,295.20%

Recent updates

Shareholder Returns

	BIRM.F	US Commercial Services	US Market
7D	0.1%	-0.5%	-1.1%
1Y	177.6%	17.8%	22.4%

Return vs Industry: BIRM.F exceeded the US Commercial Services industry which returned 18.4% over the past year.

Return vs Market: BIRM.F exceeded the US Market which returned 23.7% over the past year.

Price Volatility

Is BIRM.F's price volatile compared to industry and market?
BIRM.F volatility
BIRM.F Average Weekly Movement	11.1%
Commercial Services Industry Average Movement	8.7%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: BIRM.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine BIRM.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1990	n/a	Derek Webb	www.biorem.biz

BioRem Inc., a clean technology engineering company, designs, manufactures, distributes, and sells air pollution control systems that are used to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs). The company offers biofilters; biotrickling filters; multi-stage synergy systems; biogas desulfurization systems; dry scrubber adsorption systems; and cannabis odor control systems. It sells its products under the BIOSORBENS, XLD, BIOPAK, BIOROLL, and BIOBLOK.

BioRem Inc. Fundamentals Summary

How do BioRem's earnings and revenue compare to its market cap?
BIRM.F fundamental statistics
Market cap	US$35.93m
Earnings (TTM)	US$3.62m
Revenue (TTM)	US$28.08m

9.1x

P/E Ratio

1.2x

P/S Ratio

Is BIRM.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BIRM.F income statement (TTM)
Revenue	CA$40.31m
Cost of Revenue	CA$27.45m
Gross Profit	CA$12.87m
Other Expenses	CA$7.67m
Earnings	CA$5.20m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.32
Gross Margin	31.92%
Net Profit Margin	12.90%
Debt/Equity Ratio	25.8%

How did BIRM.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 07:36
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

BioRem Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution