Added to YB: 2024-03-29
Pitch date: 2024-03-29
BQE.V [bullish]
BQE Water Inc.
+35.37%
current return
Author Info
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Company Info
BQE Water Inc., a water treatment company, provides wastewater management services and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally.
Market Cap
CAD 70.5M
Pitch Price
CAD 41.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.81
P/E
9.27
EV/Sales
1.69
Sector
Commercial Services and Supplies
Category
growth
Favorable valuation with rapid growth, but there is 1 problem
BQE.V: Water treatment for mining. Targets 0.2% of huge market (78K mines). Recurring rev model: consult $1.5M/5yrs, operate plant $1.5M/yr/15yrs, post-closure $2M/10yrs = $26M/30yrs each. Q3 rev +78%, net +272%, debt-free. 2024 P/E <8, EV/EBITDA <5, +50% growth. Risks: Insiders own 55%, low float.
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