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TSX/BDGI (TSX/BDGI)

Toronto Stock Exchange: TSX/BDGI · CAD

CA$88.3

-0.76 (-0.8%)· Recorded snapshot

Market cap	3B
Revenue (ttm)	1.3B
Net income (ttm)	86.3M
EPS (ttm)	CA$2.56
Shares out	33.7M
P/E (trailing)	34.5x
P/E (forward)	23.0x
Dividend	CA$0.78 (0.88%)
Volume	58,315
Beta	0.90

Market data

Price

Recent price action with selectable time range.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2026-11-05
Employees	2,807
Employees change	290
Employees growth	11.52%
Enterprise value	CAD 3.4B
Exchange	Toronto Stock Exchange
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1992
Industry	Engineering & Construction
Is primary listing	Yes
ISIN number	CA0565331026
Last earnings date	2026-07-30
Last refreshed	2026-10-29
Last stock split date	2014-01-28
Last stock split type	Forward
Market cap	CAD 3B
Next earnings date	2026-11-05
Price	CAD 88.32
Price currency	CAD
Sector	Industrials
SIC code	1600
Stock price date	2026-10-29
Symbol	tsx/BDGI
Website	https://www.badgerinc.com

Metric

Value

Amount currency

CAD

Country

Canada

Country code

Earnings date

2026-11-05

Employees

2,807

Employees change

290

Employees growth

11.52%

Enterprise value

CAD 3.4B

Exchange

Toronto Stock Exchange

Financial currency

USD

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

1992

Industry

Engineering & Construction

Is primary listing

Yes

ISIN number

CA0565331026

Last earnings date

2026-07-30

Last refreshed

2026-10-29

Last stock split date

2014-01-28

Last stock split type

Forward

Market cap

CAD 3B

Next earnings date

2026-11-05

Price

CAD 88.32

Price currency

CAD

Sector

Industrials

SIC code

1600

Stock price date

2026-10-29

Symbol

tsx/BDGI

Website

https://www.badgerinc.com

Metric	Value
Adjusted P/E ratio	28.71x
Average P/E ratio (10Y)	91.55x
Average P/E ratio (3Y)	25.02x
Average P/E ratio (5Y)	36.65x
Earnings yield	2.9%
EV/Earnings	40.01x
EV/EBIT	34.54x
EV/EBITDA	15.88x
EV/FCF	179.87x
EV/Sales	2.67x
FCF / EV yield	0.56%
FCF yield	0.64%
Forward P/E	23.02x
Graham number	27.54949
Graham upside	-69.07%
Industry forward P/E	17.35x
Industry P/E	31.98x
Lynch fair value	CAD 63.98
Lynch upside	-28.17%
P/(OCF - SBC) ratio	13.84x
P/B ratio	6.76x
P/E ratio	34.51x
P/FCF ratio	156.11x
P/OCF ratio	11.94x
P/S ratio	2.32x
Price / tangible book value	7.37x
Price/EBITDA ratio	16.36x
Sector forward P/E	21.57x
Sector P/E	30.04x

Metric

Value

Adjusted P/E ratio

28.71x

Average P/E ratio (10Y)

91.55x

Average P/E ratio (3Y)

25.02x

Average P/E ratio (5Y)

36.65x

Earnings yield

2.9%

EV/Earnings

40.01x

EV/EBIT

34.54x

EV/EBITDA

15.88x

EV/FCF

179.87x

EV/Sales

2.67x

FCF / EV yield

0.56%

FCF yield

0.64%

Forward P/E

23.02x

Graham number

27.54949

Graham upside

-69.07%

Industry forward P/E

17.35x

Industry P/E

31.98x

Lynch fair value

CAD 63.98

Lynch upside

-28.17%

P/(OCF - SBC) ratio

13.84x

P/B ratio

6.76x

P/E ratio

34.51x

P/FCF ratio

156.11x

P/OCF ratio

11.94x

P/S ratio

2.32x

Price / tangible book value

7.37x

Price/EBITDA ratio

16.36x

Sector forward P/E

21.57x

Sector P/E

30.04x

Metric	Value
EBIT margin	7.73%
EBITDA margin	14.17%
Effective tax rate	27.45%
FCF margin	1.51%
Gross margin	28.6%
Operating margin	7.73%
Pretax margin	9.2%
Profit margin	6.67%
Profit per employee	CAD 30,759
Profitable quarters	17
Profitable years	4
Revenue per employee	CAD 461,007
ROA	5.47%
ROA (5Y)	4.93%
ROCE	10.28%
ROE	20.97%
ROE (5Y)	12.57%
ROIC	8.42%
ROIC (5Y)	8.16%
SBC / revenue	2.66%
Tax / revenue	2.52%

Metric

Value

EBIT margin

7.73%

EBITDA margin

14.17%

Effective tax rate

27.45%

FCF margin

1.51%

Gross margin

28.6%

Operating margin

7.73%

Pretax margin

9.2%

Profit margin

6.67%

Profit per employee

CAD 30,759

Profitable quarters

Profitable years

Revenue per employee

CAD 461,007

ROA

5.47%

ROA (5Y)

4.93%

ROCE

10.28%

ROE

20.97%

ROE (5Y)

12.57%

ROIC

8.42%

ROIC (5Y)

8.16%

SBC / revenue

2.66%

Tax / revenue

2.52%

Metric	Value
EPS growth	10.06%
EPS growth (Q)	21.8%
EPS growth (QoQ)	2,511.5%
EPS growth 10Y	6.28%
EPS growth 3Y	24.1%
EPS growth 5Y	160.21%
EPS growth quarters	1
EPS growth years	4
FCF growth	-77.03%
FCF growth 3Y	2.87%
FCF growth 5Y	-19.93%
Gross profit growth	12.84%
Gross profit growth (Q)	22.01%
Gross profit growth 3Y	16.38%
Gross profit growth 5Y	20.45%
Net income growth	8.68%
Net income growth (Q)	21.42%
Net income growth (QoQ)	2,506.38%
Net income growth 3Y	23.18%
Net income growth 5Y	158.52%
Net income growth quarters	1
Net income growth years	4
OCF growth	15.57%
OCF growth (Q)	7.99%
OCF growth (QoQ)	156.33%
OCF growth 10Y	9.98%
OCF growth 3Y	17.63%
OCF growth 5Y	15.94%
Operating income growth	-21.62%
Operating income growth (Q)	-14.63%
Operating income growth 3Y	9.29%
Operating income growth 5Y	98.9%
Revenue growth	17.22%
Revenue growth (Q)	23.5%
Revenue growth (QoQ)	26.51%
Revenue growth 10Y	11.66%
Revenue growth 3Y	13.23%
Revenue growth 5Y	16.31%
Revenue growth quarters	11
Revenue growth years	2

Metric

Value

EPS growth

10.06%

EPS growth (Q)

21.8%

EPS growth (QoQ)

2,511.5%

EPS growth 10Y

6.28%

EPS growth 3Y

24.1%

EPS growth 5Y

160.21%

EPS growth quarters

EPS growth years

FCF growth

-77.03%

FCF growth 3Y

2.87%

FCF growth 5Y

-19.93%

Gross profit growth

12.84%

Gross profit growth (Q)

22.01%

Gross profit growth 3Y

16.38%

Gross profit growth 5Y

20.45%

Net income growth

8.68%

Net income growth (Q)

21.42%

Net income growth (QoQ)

2,506.38%

Net income growth 3Y

23.18%

Net income growth 5Y

158.52%

Net income growth quarters

Net income growth years

OCF growth

15.57%

OCF growth (Q)

7.99%

OCF growth (QoQ)

156.33%

OCF growth 10Y

9.98%

OCF growth 3Y

17.63%

OCF growth 5Y

15.94%

Operating income growth

-21.62%

Operating income growth (Q)

-14.63%

Operating income growth 3Y

9.29%

Operating income growth 5Y

98.9%

Revenue growth

17.22%

Revenue growth (Q)

23.5%

Revenue growth (QoQ)

26.51%

Revenue growth 10Y

11.66%

Revenue growth 3Y

13.23%

Revenue growth 5Y

16.31%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	CAD -231.8M
Depreciation and amortization	CAD 82.1M
EBIT	CAD 100M
EBITDA	CAD 183.3M
EPS	CAD 2.56
FCF per share	CAD 0.57
Financing cash flow	CAD -5.4M
Free cash flow	CAD 19.2M
Free cash flow minus SBC	CAD -15.2M
Gross profit	CAD 370.1M
Income taxes	CAD 32.7M
Investing cash flow	CAD -244.8M
Net borrowing	CAD 46.3M
Net cash flow	CAD 852,060
Net income	CAD 86.3M
Operating cash flow minus SBC	CAD 216.7M
Operating income	CAD 100M
Revenue	CAD 1.3B
Stock-based compensation	CAD 34.4M

Metric

Value

Capital expenditures

CAD -231.8M

Depreciation and amortization

CAD 82.1M

EBIT

CAD 100M

EBITDA

CAD 183.3M

EPS

CAD 2.56

FCF per share

CAD 0.57

Financing cash flow

CAD -5.4M

Free cash flow

CAD 19.2M

Free cash flow minus SBC

CAD -15.2M

Gross profit

CAD 370.1M

Income taxes

CAD 32.7M

Investing cash flow

CAD -244.8M

Net borrowing

CAD 46.3M

Net cash flow

CAD 852,060

Net income

CAD 86.3M

Operating cash flow minus SBC

CAD 216.7M

Operating income

CAD 100M

Revenue

CAD 1.3B

Stock-based compensation

CAD 34.4M

Metric	Value
Altman Z-Score	3.54
Book value per share	CAD 13.18
Debt / EBITDA	2.14
Debt / equity	1.05
Debt / FCF	24.29
Goodwill	CAD 1.6M
Interest coverage	4.19
Long-term assets	CAD 881.4M
Long-term liabilities	CAD 533.4M
Net cash (debt)	CAD -456.4M
Net cash / market cap	-15.22%
Net debt / EBITDA	2.49
Net debt / equity	1.03
Net debt / FCF	23.76
Piotroski F-Score	5
Property, plant and equipment	CAD 816.7M
Shareholders' equity	CAD 443.6M
Tangible book value	CAD 406.7M
Tangible book value per share	CAD 12.08
Total assets	CAD 1.3B
Total cash	CAD 10M
Total debt	CAD 466.4M
Total liabilities	CAD 814.1M
WACC	8.44%

Metric

Value

Altman Z-Score

3.54

Book value per share

CAD 13.18

Debt / EBITDA

2.14

Debt / equity

1.05

Debt / FCF

24.29

Goodwill

CAD 1.6M

Interest coverage

4.19

Long-term assets

CAD 881.4M

Long-term liabilities

CAD 533.4M

Net cash (debt)

CAD -456.4M

Net cash / market cap

-15.22%

Net debt / EBITDA

2.49

Net debt / equity

1.03

Net debt / FCF

23.76

Piotroski F-Score

Property, plant and equipment

CAD 816.7M

Shareholders' equity

CAD 443.6M

Tangible book value

CAD 406.7M

Tangible book value per share

CAD 12.08

Total assets

CAD 1.3B

Total cash

CAD 10M

Total debt

CAD 466.4M

Total liabilities

CAD 814.1M

WACC

8.44%

Metric	Value
Asset turnover	1.13
Current assets	CAD 376.4M
Current liabilities	CAD 280.7M
Current ratio	1.34
Inventory turnover	46.39
Net working capital	CAD 121.5M
Quick ratio	1.14
Working capital	CAD 97.1M
Working capital turnover	17.12

Metric

Value

Asset turnover

1.13

Current assets

CAD 376.4M

Current liabilities

CAD 280.7M

Current ratio

1.34

Inventory turnover

46.39

Net working capital

CAD 121.5M

Quick ratio

1.14

Working capital

CAD 97.1M

Working capital turnover

17.12

Metric	Value
Buyback yield / dilution	1.3%
Dividend growth	4.04%
Dividend growth (10Y)	8.39%
Dividend growth (3Y)	4.22%
Dividend growth (5Y)	6.36%
Dividend growth years	10
Dividend payment date	2026-10-15
Dividend payment years	23
Dividend payout frequency	Quarterly
Dividend per share	CAD 0.78
Dividend yield	0.88%
Ex-dividend date	2026-09-29
FCF payout ratio	136.69%
Last dividend	CAD 0.20
Payout ratio	30.36%
Shareholder yield	2.17%

Metric

Value

Buyback yield / dilution

1.3%

Dividend growth

4.04%

Dividend growth (10Y)

8.39%

Dividend growth (3Y)

4.22%

Dividend growth (5Y)

6.36%

Dividend growth years

Dividend payment date

2026-10-15

Dividend payment years

Dividend payout frequency

Quarterly

Dividend per share

CAD 0.78

Dividend yield

0.88%

Ex-dividend date

2026-09-29

FCF payout ratio

136.69%

Last dividend

CAD 0.20

Payout ratio

30.36%

Shareholder yield

2.17%

Metric	Value
10Y price change	198.17%
10Y return CAGR	13.45%
10Y total return	253.27%
150-day SMA	CAD 84.37
15Y price change	1,240.2%
15Y return CAGR	21.11%
15Y total return	1,669.78%
1D price change	-0.85%
1M price change	-2.66%
1M total return	-2.45%
1W price change	1.02%
1W total return	1.02%
1Y price change	24.8%
1Y return CAGR	26.07%
1Y total return	26.05%
20-day SMA	CAD 90.54
200-day SMA	CAD 81.06
20Y price change	1,544.55%
20Y return CAGR	18.82%
20Y total return	3,046.79%
3M price change	0.66%
3M total return	0.88%
3Y price change	151.64%
3Y return CAGR	38.01%
3Y total return	162.92%
50-day SMA	CAD 88.04
50-day SMA vs 200-day SMA	50over200
52-week high	CAD 102.12
52-week high date	2026-10-02
52-week low	CAD 59.98
52-week low date	2026-04-07
5Y price change	155.77%
5Y return CAGR	22.8%
5Y total return	179.23%
6M price change	39.49%
6M total return	40.08%
All-time high	CAD 102.12
All-time high date	2026-10-02
All-time low	CAD 0.13
All-time low date	1996-04-24
Average true range (ATR)	CAD 3.11
Average volume	95.2K
Beta (1Y)	0.6
Beta (2Y)	0.9
Beta (5Y)	0.9
Change from 52-week high	-13.51%
Change from 52-week low	47.25%
Change from all-time high	-12.99%
Change from all-time low	68,250%
Change from open	-0.51%
Day's gap	-0.35%
Dollar volume	CAD 5.2M
High price	CAD 89.67
Low price	CAD 87.53
Monthly RSI	64.95
Open price	CAD 88.77
Position in 52-week range	36.92%
Previous close	CAD 89.08
Price vs 150-day SMA	5.31%
Price vs 20-day SMA	-1.87%
Price vs 200-day SMA	9.62%
Price vs 50-day SMA	0.93%
Relative volume	0.61
RSI	49.67
Sharpe ratio	0.67
Sharpe ratio (3Y)	1.01
Sharpe ratio (5Y)	0.62
Sortino ratio	1.21
Sortino ratio (3Y)	1.76
Sortino ratio (5Y)	1.15
Volume	58.3K
Weekly RSI	53
YTD price change	21.5%
YTD total return	22.41%

Metric

Value

10Y price change

198.17%

10Y return CAGR

13.45%

10Y total return

253.27%

150-day SMA

CAD 84.37

15Y price change

1,240.2%

15Y return CAGR

21.11%

15Y total return

1,669.78%

1D price change

-0.85%

1M price change

-2.66%

1M total return

-2.45%

1W price change

1.02%

1W total return

1.02%

1Y price change

24.8%

1Y return CAGR

26.07%

1Y total return

26.05%

20-day SMA

CAD 90.54

200-day SMA

CAD 81.06

20Y price change

1,544.55%

20Y return CAGR

18.82%

20Y total return

3,046.79%

3M price change

0.66%

3M total return

0.88%

3Y price change

151.64%

3Y return CAGR

38.01%

3Y total return

162.92%

50-day SMA

CAD 88.04

50-day SMA vs 200-day SMA

50over200

52-week high

CAD 102.12

52-week high date

2026-10-02

52-week low

CAD 59.98

52-week low date

2026-04-07

5Y price change

155.77%

5Y return CAGR

22.8%

5Y total return

179.23%

6M price change

39.49%

6M total return

40.08%

All-time high

CAD 102.12

All-time high date

2026-10-02

All-time low

CAD 0.13

All-time low date

1996-04-24

Average true range (ATR)

CAD 3.11

Average volume

95.2K

Beta (1Y)

0.6

Beta (2Y)

0.9

Beta (5Y)

0.9

Change from 52-week high

-13.51%

Change from 52-week low

47.25%

Change from all-time high

-12.99%

Change from all-time low

68,250%

Change from open

-0.51%

Day's gap

-0.35%

Dollar volume

CAD 5.2M

High price

CAD 89.67

Low price

CAD 87.53

Monthly RSI

64.95

Open price

CAD 88.77

Position in 52-week range

36.92%

Previous close

CAD 89.08

Price vs 150-day SMA

5.31%

Price vs 20-day SMA

-1.87%

Price vs 200-day SMA

9.62%

Price vs 50-day SMA

0.93%

Relative volume

0.61

RSI

49.67

Sharpe ratio

0.67

Sharpe ratio (3Y)

1.01

Sharpe ratio (5Y)

0.62

Sortino ratio

1.21

Sortino ratio (3Y)

1.76

Sortino ratio (5Y)

1.15

Volume

58.3K

Weekly RSI

YTD price change

21.5%

YTD total return

22.41%

Metric	Value
Float	29.2M
Shares change (QoQ)	-0.19%
Shares change (YoY)	-1.3%
Shares held by insiders	0.36%
Shares held by institutions	50.31%
Shares outstanding	33.7M
Short % of float	0.26%
Short % of shares	0.25%

Metric

Value

Float

29.2M

Shares change (QoQ)

-0.19%

Shares change (YoY)

-1.3%

Shares held by insiders

0.36%

Shares held by institutions

50.31%

Shares outstanding

33.7M

Short % of float

0.26%

Short % of shares

0.25%

TSX/BDGI (TSX/BDGI)

Price

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