Obermatt

Badger

TOR:BDGI · CA0565331026
Construction & EngineeringMedium

360

18
EV / EBIT3
Price / Owner Earnings100
Owner Earnings Yield1
Dividend Yield77
Price/Sales42
EV / Gross Profit14
Price/Book20
Return on Capital63
Cash Return on Capital18
Return on Equity82
EBIT Margin79
Gross Profitability81
Cash Conversion75
Accruals24
Owner Earnings Margin16
Sales growth69
Profit Growth36
Long-Term EPS Growth6
Owner Earnings Growth5
Reinvestment92
Price momentum86
Debt load22
Refinancing31
Debt Payback1
Liquidity34
Analyst ratings47
Opinion Changes50
Price Target Upside18
Market mood62
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Badger clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryCanada
IndustryConstruction & Engineering
SizeMedium
TypePublic Company
ExchangeTSX
Founded2010
Employees856
ISINCA0565331026
Last UpdateApr 2, 2026
Themes
Disaster RecoveryEnvironmental ConsultingEnvironmental EngineeringSmart Water Networks (SWN)GIS (Geographic Information System)Mapping Services

Description

Badger Infrastructure Solutions Ltd. engages in the non-destructive excavation solutions and various related services primarily to the construction, utility, transportation, and industrial sectors. Business Segments The company operates through two…

Analysis

Hope premium

Badger Infrastructure Solutions Ltd. carries what we call a hope premium: an average business trading at an ambitious price. One caution: reported profits have recently run ahead of actual cash, which we track closely.

Valuation data is not available for this company.

The trajectory is moderate and the balance sheet is stretched. The company scores 10/20 on our value-creation score: creating some value.

What to watch: The financial cushion is thinner than comfortable. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
23
2023202420252026

All-time high

41

Jan 2023

All-time low

10

Mar 2026

Average rank

29

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
42
53
31
32
Price/Earnings
28
81
35
69
Price/Book
20
38
20
20
Dividend Yield
77
83
82
85
Value (overall)
42
75
24
47

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →