Black Diamond Group (BDI) Fair Value & Analysis
Industrials · CA · Market cap C$1.3B
Fair value as of: Jul 12, 2026
From 23 valuation models · updated 28 days ago
Fair value updated Jul 12, 2026, revised from C$7.10 to C$7.06 (−0.6%) since Jun 24, 2026. Share price −5.3% over the past month.
Below-average quality, and screening another 61% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (C$11.86). The favourable scenario is already priced in.
- Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
- A fairly wide model range (C$4.59 to C$11.86) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.
How to read this chart
60‑month range C$2.97 – C$20.43 · fair‑value band C$4.59 – C$11.86 · the C$18.07 price screens above the C$7.06 fair value. Dashed = 300-day average. As of Jul 12, 2026.
Analysis
Black Diamond Group (BDI) currently trades at C$18.07, while our model-based Fair Value estimate is C$7.06, implying the stock looks roughly 60.9% overvalued today. The Quality Score stands at 37/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Black Diamond Group generated revenue of C$485M at a net margin of 6.5%. Revenue grew 27.1% year over year. It earns a return on equity of 9.5%. Net debt stands at C$380M. Fundamentals as of Jul 12, 2026
Our scenario range runs from C$4.59 (bear case) to C$11.86 (bull case); at C$18.07, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 10% below its 52-week high and 99% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -21% fair-value upside, at -61%, BDI screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 23 models by family
Widest divergence: Growth Earnings (C$9.93) versus Economic Profit (C$3.10). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 39 · Market factors (momentum, volatility) 72
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Black Diamond Group Limited provides specialty rentals and industrial services in Canada, the United States, and Australia. It operates through two segments, Modular Space Solutions and Workforce Solutions.
Full company description
Black Diamond Group Limited provides specialty rentals and industrial services in Canada, the United States, and Australia. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries. Its products include mobile office units, large multi-unit office complexes, classroom facilities, lavatories, storage units, health care facilities, high security modular buildings, custom manufactured modular facilities, and blast resistant structures. This segment also sells new and used space rentals units; and provides delivery, installation, project management, and ancillary products, and services. The Workforce Solutions segment provides workforce housing solutions, including rental of accommodations and surface equipment; and turnkey lodging and travel management logistics services through online digital marketplace. It offers asset rental, catering, and hospitality services. This segment also provides associated services, such as installation, transportation, dismantlement, and sale of used fleet assets. Black Diamond Group Limited was founded in 2003 and is headquartered in Calgary, Canada.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Black Diamond Group reported revenue of C$457M in FY2025 versus C$340M in FY2021, a compound +7.7%/yr. Reported net income was C$34.8M in FY2025, compounding +14.4%/yr from FY2021.
BDI screens 61% overvalued. Compare with United Rentals, Inc →
Peer Group
Rental & Leasing Services · 97 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Rental & Leasing Services median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Insider activity: 45/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Rental & Leasing Services stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| United Rentals, Inc URI | $1,045 | $449.86 | -57% |
| Sunbelt Rentals Holdings SUNB | $73.41 | $65.76 | -10% |
| AerCap Holdings AER | $146.97 | $301.51 | +105% |
| U-Haul Holding UHAL | $67.35 | $7.21 | -89% |
| Ryder System, Inc R | $273.06 | $111.57 | -59% |
| Ayvens AYV | €11.57 | €24.73 | +114% |
| Localiza Rent a Car S.A RENT3 | R$40.35 | R$37.01 | -8% |
| Element Fleet Management Corp EFN | C$29.83 | C$15.06 | -50% |
| BOC Aviation Limited 2588 | HK$77.40 | HK$18.61 | -76% |
| GATX Corporation GATX | $178.48 | $140.90 | -21% |
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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