Added to YB: 2026-06-24
Pitch date: 2026-04-15
BMI [bullish]
Badger Meter, Inc.
-16.08%
current return
Author Info
No bio for this author
Company Info
Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide.
Market Cap
$3.9B
Pitch Price
$156.71
Price Target
153.00 (+15%)
Dividend
1.18%
EV/EBITDA
19.12
P/E
31.74
EV/Sales
4.38
Sector
Electronic Equipment, Instruments and Components
Category
growth
Badger Meter, Inc. - $BMI
BMI: Water meter oligopoly leader (~85% mkt w/ Neptune/Sensus), pure-play vs Xylem/Roper. 85% recurring replacement demand; long AMI (40% penetration) & static meter (10%) upgrade runway = 250% rev/meter uplift. 9% growth target, no debt, $226M cash. Risks: market maturity, utility capex slowdown post-2026. Trades 31x fwd P/E vs 45x 5yr avg (45% upside on reversion); DCF ~$153 = fairly valued.
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