Added to YB: 2026-04-07
Pitch date: 2026-04-02
BIRDF [neutral]
Bird Construction Inc.
+1.29%
current return
Author Info
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Company Info
Bird Construction Inc. provides construction services in Canada. The company primarily focuses on projects in the industrial, building, and infrastructure markets.
Market Cap
CAD 2.3B
Pitch Price
CAD 41.12
Price Target
N/A
Dividend
2.04%
EV/EBITDA
17.01
P/E
48.15
EV/Sales
0.71
Sector
Construction and Engineering
Category
value
Portfolio Update March 2026 - $BIRDF — Bird Construction
BIRDF (holding update): Q4/FY25 results showed combined backlog surged 45% YoY to C$11B vs C$3.4B annual rev. C$323M Alberta schools DBFM deal closed. Rev flat on project delays, C$62.2M impairment created GAAP loss but adj EPS C$0.57, adj EBITDA C$222M, gross margin improved to 11.1%. 2027 targets reaffirmed: C$4.6-5.1B rev, ~8% EBITDA margin. Double-digit rev growth expected from Q2 2026 as backlog converts. Trades at discount to Canadian construction peers on EV/EBITDA at C$28.
Read full article (1 min)