Professional
Added to YB: 2026-09-03
Pitch date: 2026-08-28
BQE.V [bullish]
BQE Water Inc.
-0.43%
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 89.7M
Pitch Price
CAD 69.00
Price Target
108.00 (+57%)
Dividend
N/A
EV/EBITDA
23.21
P/E
18.05
EV/Sales
2.45
Sector
Commercial Services and Supplies
Category
growth
BQE Water – Solid Quarter Given Tough Comparable Period; Positive Outlook
BQE.V (earnings): BQE Water’s Q2 was below estimates but solid against a one-time equipment-sale comparable, leaving the growth thesis and $108 target, implying 54% upside, unchanged. Proportional revenue fell 13% to $11.3M, while adjusted EBITDA was roughly flat at $2.4M and gross margin rose to 46% from 33% as recurring, high-margin operations-services revenue grew 167%. The outlook assumes growth across all segments in the second half.
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