Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
BQE WaterBTQNF 78 Debt-to-EBITDA is -0.52 as of Mar. 2026. GuruFocus rates BTQNF with a GF Score™ of 78/100 and a GF Value™ of $56.49 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 170 Waste Management companies, BQE Water ranks better than 84.12% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for BQE Water's Debt-to-EBITDA or its related term are showing as below:
BTQNF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -71.33 Med: 0.32 Max: 0.86
Current: 0.73
During the past 13 years, the highest Debt-to-EBITDA Ratio of BQE Water was 0.86. The lowest was -71.33. And the median was 0.32.
BTQNF's Debt-to-EBITDA is ranked better than 84.12% of 170
companies
in the Waste Management industry
Industry Median: 3.07
vs BTQNF: 0.73
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
BQE Water Debt-to-EBITDA Related Terms
BQE Water Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for BQE Water's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Waste Management subindustry, BQE Water's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BQE Water Debt-to-EBITDA vs Waste Management Industry
For the Waste Management industry and Industrials sector, BQE Water's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where BQE Water's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
BQE Water (BTQNF) has a Debt-to-EBITDA of -0.52 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BQE Water. According to the industry distribution chart, BQE Water ranks #27 out of 170 companies in the Waste Management industry, placing it in the top 15.9%.
Is BQE Water's Debt-to-EBITDA too high?
BQE Water's current Debt-to-EBITDA is -0.52. Based on the distribution chart, BQE Water ranks #27 out of 170 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, BQE Water has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BQE Water's Debt-to-EBITDA compare to WM and RSG?
According to the Waste Management industry distribution chart, BQE Water ranks #27 out of 170 companies for Debt-to-EBITDA. This places BQE Water in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 3.07. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Waste Management company?
The median Debt-to-EBITDA among Waste Management companies is 3.07, based on 170 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BQE Water. For the Waste Management industry, the median Debt-to-EBITDA is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BQE Water's current Debt-to-EBITDA is -0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BQE Water stock overvalued right now?
Based on GuruFocus' analysis, BQE Water (BTQNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $56.49, compared to a current price of $50.00 — trading 11.5% below its estimated fair value. The current Debt-to-EBITDA is -0.52. BQE Water's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For BQE Water (BTQNF), the current Debt-to-EBITDA is -0.52 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BQE Water (BTQNF) Overvalued in 2026?
Based on GuruFocus' analysis, BQE Water stock appears to be undervalued.
The current stock price of $50.00 is trading 11.5% below its estimated GF Value™ of $56.49.
GuruFocus considers BQE Water to be Modestly Undervalued.
Key valuation signals for BTQNF:
Debt-to-EBITDA: -0.52
GF Value™: $56.49 vs. price of $50.00 (11.5% below fair value)
No single metric tells the full story. See the BTQNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BQE Water Inc is a service provider specializing in water treatment and management for metals mining, smelting and refining. It is helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise that enable more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in and has developed intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA.
78GF Score
Get the complete analysis for BTQNF
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BTQNF has been successfully added to your 
