BQE Water Inc (BQE) Fair Value & Analysis
Industrials · CA · Market cap C$88.4M
Fair value as of: Aug 13, 2026
From 24 valuation models · updated yesterday
Share price −1.3% over the past month.
A solid business, screening 15% undervalued on our models.
What matters now
- The model range is unusually wide (C$60.10 to C$178.10). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- Our model range runs from C$60.10 (bear) to C$178.10 (bull), base C$80.26. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 70/100 (solid quality) with high evidence: the data supports the verdict.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range C$5.00 – C$87.00 · fair‑value band C$60.10 – C$178.10 · the C$70.07 price screens below the C$80.26 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.
Analysis
BQE Water Inc (BQE) currently trades at C$70.07, while our model-based Fair Value estimate is C$80.26, implying the stock looks roughly 14.5% undervalued today. The Quality Score stands at 70/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.
Over the trailing twelve months, BQE Water Inc generated revenue of C$32.9M at a net margin of 15.4%. Revenue declined 35.5% year over year. It earns a return on equity of 20.2%. The stock trades on a trailing P/E of 18.2. Fundamentals as of Aug 13, 2026
Our scenario range runs from C$60.10 (bear case) to C$178.10 (bull case); at C$70.07, the current price sits within 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 21% below its 52-week high and 43% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -33% fair-value upside, at 15%, BQE screens cheaper 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 24 models by family
Widest divergence: Growth Earnings (C$267.51) versus Asset-Based (C$14.83). Highest evidence: Growth DCF (80).
Notify me when BQE reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 73 · Market factors (momentum, volatility) 57
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
BQE Water Inc., a water treatment company, provides wastewater management services and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally.
Full company description
BQE Water Inc., a water treatment company, provides wastewater management services and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally. It offers water treatment solutions for mine drainage, waste rock piles, tailings water, groundwater, and lime plant influent and/or effluent streams for treating metals, sulphate, selenium, nitrate, and cyanide in the mining sector; smelting and refining services for treating metals and sulphate; and hydrometallurgy services for the treatment of metals, cyanide, and acids. The company's metal recovery and removal technologies include BioSulphide and ChemSulphide technologies, which use biological or chemical sources of sulphide to remove dissolved metals from mining wastewater; and Met-IX technology that treats wastewater. It also offers sulphate technologies, such as Sulf-IX and Sulf-IXC, which removes sulphate and hardness from process water, as well as onsite field testing to remove sulphate from wastewater; selenium removal technology, including Selen-IX that removes selenium from mining wastewater, as well as on-site field testing to demonstrate selenium removal from mine impacted waters; and cyanide treatment technologies, such as SART to remove the metallurgical interference of cyanide-soluble metals and to recover and recycle cyanide in the gold processing. The company was formerly known as BioteQ Environmental Technologies Inc. and changed its name to BQE Water Inc. in March 2017. BQE Water Inc. was founded in 1997 and is headquartered in Vancouver, Canada.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
BQE Water Inc reported revenue of C$35.5M in FY2025 versus C$7.5M in FY2021, a compound +47.5%/yr. Reported net income was C$8.1M in FY2025, compounding +32.3%/yr from FY2021.
Watch BQE: get an alert when its fair value changes →
Peer Group
Waste Management · 168 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 Waste Management 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.
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 Waste Management stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Waste Management, Inc WM | $226.32 | $128.02 | -43% |
| Republic Services, Inc RSG | $215.08 | $120.63 | -44% |
| Waste Connections, Inc WCN | C$230.52 | C$78.67 | -66% |
| Veolia Environnement SA VIE | €34.47 | €23.26 | -33% |
| Clean Harbors, Inc CLH | $316.65 | $154.01 | -51% |
| GFL Environmental Inc GFL | C$57.56 | C$44.27 | -23% |
| GEM Co 002340 | ¥6.75 | ¥5.27 | -22% |
| Zhejiang Weiming Environment Protection Co 603568 | ¥15.68 | ¥20.95 | +34% |
| China Everbright Environment Group 0257 | HK$5.00 | HK$8.96 | +79% |
| Beijing GeoEnviron Engineering & Technology, Inc 603588 | ¥14.10 | ¥9.35 | -34% |
Compare BQE Water Inc with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is BQE Water Inc (BQE) overvalued or undervalued?
What is the fair value of BQE?
What is the quality score of BQE?
What is the revenue of BQE Water Inc (BQE)?
What is the net profit margin of BQE?
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.
Track BQE Water Inc and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.