Added to YB: 2024-11-22
Pitch date: 2024-11-21
BMI [neutral]
Badger Meter, Inc.
-25.78%
current return
Author Info
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Company Info
Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide.
Market Cap
$4.6B
Pitch Price
$218.12
Price Target
N/A
Dividend
1.03%
EV/EBITDA
19.89
P/E
32.33
EV/Sales
4.73
Sector
Electronic Equipment, Instruments and Components
Category
growth
Badger Meter – Intelligent Water Infrastructure
BMI (valuation concern): US water infra leader, 85% utility rev. AMI adoption only 1/3, long runway. SaaS rev +28% CAGR 5yr. Stable, low-cyclical biz w/ $20B TAM. Acquisitions expand ecosystem. Risks: poor M&A, competition. High valuation (50x P/E) limits upside despite strong position & sticky solutions.
Read full article (6 min)