BQE Water's (CVE:BQE) Earnings Are Of Questionable Quality
May 03
Canadian (TSX) Environmental and Facilities Services Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies14
- 7D4.5%
- 3M-4.3%
- 1Y-9.2%
- YTDn/a
The Environmental and Facilities Services industry is up 4.5% in the last week, with GFL Environmental up 4.5%. However, the industry is down 9.2% over the past year. Earnings are forecast to grow by 54% annually.
Industry Valuation and Performance
Has the Canadian Environmental and Facilities Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | CA$17.8b | CA$8.4b | CA$16.0m | 24.6x | 1114.8x | 2.1x |
| Fri, 05 Apr 2024 | CA$17.4b | CA$8.4b | -CA$36,388,824.98 | 36.5x | -479.4x | 2.1x |
| Sun, 03 Mar 2024 | CA$18.5b | CA$8.4b | -CA$73,026,244.58 | 37.5x | -253.6x | 2.2x |
| Tue, 30 Jan 2024 | CA$17.4b | CA$8.3b | -CA$329,208,038.00 | 20x | -52.9x | 2.1x |
| Thu, 28 Dec 2023 | CA$17.4b | CA$8.3b | -CA$331,102,054.00 | 18.5x | -52.6x | 2.1x |
| Sat, 25 Nov 2023 | CA$15.3b | CA$8.3b | -CA$320,591,860.00 | 17.9x | -47.7x | 1.8x |
| Mon, 23 Oct 2023 | CA$15.8b | CA$8.3b | -CA$492,366,622.00 | 17.5x | -32.2x | 1.9x |
| Wed, 20 Sep 2023 | CA$17.4b | CA$8.3b | -CA$494,832,406.00 | 18.4x | -35.1x | 2.1x |
| Fri, 18 Aug 2023 | CA$17.5b | CA$8.3b | -CA$484,934,439.00 | 11.2x | -36.1x | 2.1x |
| Sun, 16 Jul 2023 | CA$19.4b | CA$7.9b | -CA$747,606,834.00 | 12.4x | -25.9x | 2.4x |
| Tue, 13 Jun 2023 | CA$19.7b | CA$7.9b | -CA$747,822,455.00 | 12x | -26.3x | 2.5x |
| Thu, 11 May 2023 | CA$19.6b | CA$7.9b | -CA$750,387,283.00 | 12x | -26.1x | 2.5x |
| Sat, 08 Apr 2023 | CA$16.8b | CA$7.5b | -CA$347,073,700.00 | 10.6x | -48.5x | 2.2x |
| Mon, 06 Mar 2023 | CA$16.0b | CA$7.5b | -CA$335,437,180.00 | 10.9x | -47.8x | 2.1x |
| Wed, 01 Feb 2023 | CA$15.5b | CA$7.5b | -CA$168,715,169.00 | 10.9x | -91.8x | 2.1x |
| Fri, 30 Dec 2022 | CA$14.8b | CA$7.5b | -CA$161,575,635.00 | 9.2x | -91.7x | 2x |
| Sun, 27 Nov 2022 | CA$14.4b | CA$7.5b | -CA$162,223,185.00 | 12x | -88.7x | 1.9x |
| Tue, 25 Oct 2022 | CA$13.7b | CA$7.0b | -CA$295,696,272.00 | 10.2x | -46.2x | 1.9x |
| Thu, 22 Sep 2022 | CA$14.6b | CA$7.0b | -CA$301,360,903.00 | 11.4x | -48.4x | 2.1x |
| Sat, 20 Aug 2022 | CA$14.5b | CA$6.9b | -CA$301,900,348.00 | 11.1x | -48.1x | 2.1x |
| Mon, 18 Jul 2022 | CA$12.6b | CA$6.5b | -CA$320,546,226.00 | 10.8x | -39.3x | 2x |
| Wed, 15 Jun 2022 | CA$13.1b | CA$6.5b | -CA$316,565,167.00 | 10.5x | -41.5x | 2x |
| Fri, 13 May 2022 | CA$13.6b | CA$6.4b | -CA$306,872,975.00 | 13.3x | -44.3x | 2.1x |
| Sun, 10 Apr 2022 | CA$15.6b | CA$6.1b | -CA$724,296,061.00 | 14.9x | -21.5x | 2.6x |
| Tue, 08 Mar 2022 | CA$13.7b | CA$6.1b | -CA$681,990,780.00 | 17x | -20x | 2.3x |
| Thu, 03 Feb 2022 | CA$16.0b | CA$5.7b | -CA$1,006,173,690.00 | 19x | -15.9x | 2.8x |
| Sat, 01 Jan 2022 | CA$18.3b | CA$5.7b | -CA$1,003,572,827.00 | 18.3x | -18.2x | 3.2x |
| Mon, 29 Nov 2021 | CA$19.2b | CA$5.7b | -CA$1,001,934,653.00 | 30.6x | -19.2x | 3.3x |
| Wed, 27 Oct 2021 | CA$19.4b | CA$5.3b | -CA$841,797,131.00 | 29.7x | -23.1x | 3.7x |
| Fri, 24 Sep 2021 | CA$18.3b | CA$5.3b | -CA$838,588,395.00 | 25.6x | -21.8x | 3.5x |
| Sun, 22 Aug 2021 | CA$16.6b | CA$5.3b | -CA$838,588,397.00 | 25.2x | -19.8x | 3.2x |
| Fri, 09 Jul 2021 | CA$15.2b | CA$5.3b | -CA$835,238,897.00 | 26.4x | -18.2x | 2.9x |
Price to Earnings Ratio
-15.3x
Current Industry PE
- Investors are optimistic on the Canadian Environmental and Facilities Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 1kx which is higher than its 3-year average PE of -57.5x.
- The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- Total earnings for the Environmental and Facilities Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Canadian Environmental and Facilities Services compare with similar industries?
| CA Market | 2.53% | |
| Industrials | 4.31% | |
| Commercial Services | 3.68% | |
| Environmental and Facilities Services | 4.49% | |
| Diversified Support Services | 3.04% | |
| Commercial Printing | 0.99% | |
| Office Services and Supplies | 0% | |
| Security and Alarm Services | -3.13% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GFL GFL Environmental | CA$45.91 | 4.5% +CA$745.4m | -8.3% | PE189.5x | |
| BQE BQE Water | CA$67.20 | 12.0% +CA$9.0m | 116.8% | PE31.8x | |
| PYR PyroGenesis Canada | CA$0.61 | 8.9% +CA$8.9m | -37.8% | PS8.8x | |
| PLAS PlasCred Circular Innovations | CA$0.17 | 61.9% +CA$4.1m | n/a | PB6.6x | |
| KUT RediShred Capital | CA$2.90 | 5.8% +CA$2.9m | -28.0% | PS0.8x |
