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 WaterTSXV:BQE 86 EV-to-FCF is 21.03 as of Jul. 24, 2026. GuruFocus rates TSXV:BQE with a GF Score™ of 86/100 and a GF Value™ of C$75.57 (Fairly Valued). The stock has 3 warning signs investors should review. Among 137 Waste Management companies, BQE Water ranks worse than 51.82% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, BQE Water's Enterprise Value is C$82.26 Mil.
BQE Water's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was C$3.91 Mil. Therefore, BQE Water's EV-to-FCF for today is 21.03.
The historical rank and industry rank for BQE Water's EV-to-FCF or its related term are showing as below:
TSXV:BQE'
s EV-to-FCF Range Over the Past 10 Years
Min: -97.25 Med: -5.28 Max: 222.37
Current: 18.67
During the past 13 years, the highest EV-to-FCF of BQE Water was 222.37. The lowest was -97.25. And the median was -5.28.
TSXV:BQE's EV-to-FCF is ranked worse than 51.82% of 137
companies
in the Waste Management industry
Industry Median: 18.35
vs TSXV:BQE: 18.67
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
BQE Water's share price for today is C$74.94.
BQE Water's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3.870.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
BQE Water EV-to-FCF Related Terms
BQE Water EV-to-FCF Historical Data
* Premium members only.
The historical data trend for BQE Water's EV-to-FCF 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 EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Waste Management Industry
For the Waste Management industry and Industrials sector, BQE Water's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where BQE Water's EV-to-FCF falls into.
BQE Water's current Enterprise Value is C$82.26 Mil.
BQE Water's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3.91 Mil.
* 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.
BQE Water (TSXV:BQE) has a EV-to-FCF of 21.03 as of Jul. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on BQE Water and its competitors. According to the industry distribution chart, BQE Water ranks #71 out of 137 companies in the Waste Management industry, placing it in the top 51.8%.
Is BQE Water's EV-to-FCF too high?
BQE Water's current EV-to-FCF is 21.03. The Waste Management industry median EV-to-FCF is 18.35. BQE Water's value of 21.03 is 14.6% above this industry median. Based on the distribution chart, BQE Water ranks #71 out of 137 companies in the Waste Management industry, which is below the industry midpoint. Overall, BQE Water has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BQE Water's EV-to-FCF compare to WM and RSG?
According to the Waste Management industry distribution chart, BQE Water ranks #71 out of 137 companies for EV-to-FCF. This places BQE Water in the lower half of its industry. The industry median EV-to-FCF is 18.35. BQE Water's value of 21.03 is 14.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Waste Management company?
The median EV-to-FCF among Waste Management companies is 18.35, based on 137 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BQE Water's current EV-to-FCF of 21.03 is 14.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on BQE Water and its competitors. For the Waste Management industry, the median EV-to-FCF is 18.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BQE Water's current EV-to-FCF is 21.03. 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 (TSXV:BQE) is currently considered Fairly Valued. The stock's GF Value™ is C$75.57, compared to a current price of C$74.94 — trading 0.8% below its estimated fair value. The current EV-to-FCF is 21.03 and 14.6% above the Waste Management industry median of 18.35. BQE Water's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For BQE Water (TSXV:BQE), the current EV-to-FCF is 21.03 as of Jul. 24, 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 (TSXV:BQE) Overvalued in 2026?
Based on GuruFocus' analysis, BQE Water stock appears to be undervalued.
The current stock price of C$74.94 is trading 0.8% below its estimated GF Value™ of C$75.57.
GuruFocus considers BQE Water to be Fairly Valued.
Key valuation signals for TSXV:BQE:
EV-to-FCF: 21.03
GF Value™: C$75.57 vs. price of C$74.94 (0.8% below fair value)
Industry Position: 14.6% above the Waste Management median (#71 of 137)
No single metric tells the full story. See the TSXV:BQE 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.
86GF Score
Get the complete analysis for TSXV:BQE
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:BQE has been successfully added to your 
