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BDGI
Badger Infrastructure Solutions Ltd. – TSX
“Patience reduces risk more reliably than prediction.”
Weekly Share Price & Valuation Overview
Market Overview
Open
57.0000
Close
57.7000
High
57.7900
Low
56.5800
Trend
0.81512

Badger Infrastructure Solutions Ltd.

Canada • TSX - Toronto Stock Exchange • BDGI • Currency: CAD

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquify the soil cover. The company offers daylighting, potholing, and power distribution services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal. It also provides pipeline excavation services for pipeline crossing and tie-in, hydro probing, utility conflict, and oil and fuel spill applications; and service repair pits for gas service tie-in, electric cable fault repair, water main and service repair, and telecom splice applications. In addition, the company offers anode installation, shoring installation, and tank cleanouts services; trenching services for slot trenching, expose existing cables or conduits, drain tile installation, and line fault repairs; and pole and piling holes services for utility, traffic signal, transmission pole holes, light standard and sign post holes, pole removals, end-bearing, pilot holes for friction, spread footing piles, and well monitor installations applications. It is also involved in air and mandrel testing, CCTV inspections, laser profiling, flushing & cleaning, mainline to lateral line inspections, reaming and concrete removal, sewer and main line locating, and smoke testing sewer services, as well as responding to disasters and locating solutions. The company was formerly known as Badger Daylighting Ltd. and changed its name to Badger Infrastructure Solutions Ltd. in May 2021. Badger Infrastructure Solutions Ltd. was founded in 1992 and is based in Calgary, Canada.

Key strengths
  • ROE ≥15% reflects strong returns on shareholder equity.
  • ROA ≥7% shows efficient use of assets.
  • Revenue growth ≥10% indicates solid top-line momentum.
  • Earnings growth ≥10% supports improving profitability trajectory.
  • Quick ratio ≥1.0 indicates obligations can be met without inventory.
Scale & Structure Core size and share structure. TTM values unless noted. “Estimated” where reconciled from per-share × shares.
Market Cap Total equity value of the company (share price × shares outstanding).
CAD 1.95B
Enterprise Value Operating value: market cap + total debt − cash.
CAD 2.21B
Total Revenue (TTM) Sales over the last twelve months. May be estimated from revenue per share when inconsistent.
CAD 777.39M
Gross Profit (TTM) Revenue minus cost of goods sold over the last twelve months. Hidden for financial institutions or if redundant.
CAD 230.97M
EBITDA (TTM) Earnings before interest, taxes, depreciation and amortization (TTM). Hidden for financials or if implausible.
CAD 140.07M
Revenue per Share (TTM) Total revenue divided by shares outstanding (may be estimated).
CAD 22.76
EPS (TTM) Earnings per share over the last twelve months (may be estimated from net income ÷ shares).
2.25
Dividend Yield Annual dividend ÷ share price. Reconciled using dividend per share when available.
1.30%
Shares Outstanding
33.74M
Float Shares
29.20M
Implied Shares Outstanding
33.84M
Profitability & Efficiency TTM basis. “Reconciled” = numerator ÷ TTM revenue. Margins reflect latest TTM calculations.
Operating Margin (TTM) Operating income ÷ revenue over the last twelve months (reconciled when possible).
10.46%
EBITDA Margin (TTM) Reconciled EBITDA ÷ revenue over the last twelve months (suppressed if EBITDA implausible/financials).
18.02%
Gross Margin (TTM) Reconciled Gross profit ÷ revenue over the last twelve months (reconciled when possible).
29.71%
Profit Margin (TTM) Net income ÷ revenue over the last twelve months (reconciled when possible).
7.20%
ROA Strong Return on assets: net income ÷ total assets.
8.14%
ROE Excellent Return on equity: net income ÷ shareholder equity.
21.65%
Growth Growth rates are YoY unless labeled QoQ.
Revenue Growth Strong Year-over-year revenue growth.
11.40%
Earnings Growth (YoY) Strong Year-over-year earnings growth.
58.60%
Earnings Growth (QoQ) Quarter-over-quarter earnings growth.
55.40%
Liquidity & Solvency Balance-sheet health. Debt metrics shown as latest ratios; D/E is a ratio (not %).
Quick Ratio Adequate Liquid current assets ÷ current liabilities (ex-inventory).
1.31
Debt to Equity Total debt ÷ shareholder equity; leverage.
0.99
Total Cash Cash and equivalents.
CAD 6.47M
Total Debt Short + long-term interest-bearing debt.
CAD 265.36M
Net Debt Total debt − cash (negative = net cash).
CAD 258.89M
Debt / EBITDA Leverage relative to operating earnings; lower is safer.
1.89
Cash Flow Shown only when internally consistent; margins are TTM.
Operating Cash Flow (TTM) Cash generated by core operations (pre-capex).
CAD 152.96M
Free Cash Flow (TTM) Cash after capex; funds buybacks, dividends, and debt paydown.
CAD 32.36M
OCF Margin (TTM) Operating cash flow ÷ revenue (TTM).
19.68%
FCF Margin (TTM) Free cash flow ÷ revenue (TTM).
4.16%
Cash Conversion (OpCF/EBITDA)
1.09
Sharemaestro House View
Confidence: 2 Sharemaestro internal conviction (0–3, higher is better). Risk: 1 Sharemaestro internal risk profile (0–3, higher is safer). Operational: 2 Operational quality/consistency (0–3, higher is better). Composite Score: 3 Overall internal composite (0–3, higher is better). Suggested Allocation: 5.00% Indicative portfolio weighting suggestion based on house view.
Structural Insights (experimental)
Ownership & Liquidity
Free Float Proportion of shares available for public trading. 86.5%
Insiders Shares held by company insiders (officers, directors). 0.3%
Institutions Shares held by institutions (funds, pensions). 57.8%
Capital Structure
Potential Dilution Increase in share count if options/convertibles exercise.
0.3%
Net Debt Total debt − cash (negative = net cash).
CAD 258.89M
33.3% of revenue Net debt relative to revenue — debt load vs business scale.
Resilience Score 0–100 composite of liquidity, leverage and cash conversion; higher is better. If inputs are unavailable, we estimate using proxies (Net debt vs revenue, Cash-to-Debt). It is a guide, not a rating. 70
Methodology Notes
  • Margins shown on a TTM basis. “Reconciled” = numerator ÷ TTM revenue for internal consistency.
  • Cash Flow section is displayed only when figures are self-consistent (and hidden for financials).
As of: 2025-09-09 12:50

Disclaimer: Information is compiled from publicly available sources and is subject to errors and omissions. It is provided as a guide only and does not constitute investment advice. Please do your own research.

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