Added to YB: 2024-04-29
Pitch date: 2024-04-26
BQE.V [bullish]
BQE Water Inc.
-7.5%
current return
Author Info
No bio for this author
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 60.00
Price Target
71.00 (+28%)
Dividend
N/A
EV/EBITDA
8.81
P/E
9.27
EV/Sales
1.69
Sector
Commercial Services and Supplies
Category
growth
BQE Water – Excellent Q4 Financials; Increasing Target Price
BQE.V: Q4 beat on rev ($5.4M vs $4.2M est), in-line EBITDA. 2023 proportional rev $22.7M (+20% YoY), 50% gross margin, $4.7M EBITDA (20% margin). Expects growth from recurring ops services segment. Estimates raised, $71 PT (11x 2025E EBITDA). 18% 5yr rev CAGR, 32% EBITDA CAGR.
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