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Badger Infrastructure SolutionsTSX:BDGI +4.43%86 Return-on-Tangible-Asset is 11.18% as of Jun. 2026, which is 46% above its 10-year median of 7.65. GuruFocus rates TSX:BDGI with a GF Score™ of 86/100 and a GF Value™ of C$59.91 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,781 Construction companies, Badger Infrastructure Solutions ranks better than 77.82% on this metric.
The historical rank and industry rank for Badger Infrastructure Solutions's Return-on-Tangible-Asset or its related term are showing as below:
TSX:BDGI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.9 Med: 7.65 Max: 14.15
Current: 8.05
During the past 13 years, Badger Infrastructure Solutions's highest Return-on-Tangible-Asset was 14.15%. The lowest was -1.90%. And the median was 7.65%.
TSX:BDGI's Return-on-Tangible-Asset is ranked better than 77.82% of 1781
companies
in the Construction industry
Industry Median: 3.05
vs TSX:BDGI: 8.05
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Badger Infrastructure Solutions Return-on-Tangible-Asset Related Terms
Badger Infrastructure Solutions Return-on-Tangible-Asset Historical Data
* 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.
TSX:BDGI vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Badger Infrastructure Solutions's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Badger Infrastructure Solutions Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Badger Infrastructure Solutions's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Badger Infrastructure Solutions's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 11.18% mean?
Badger Infrastructure Solutions (TSX:BDGI) has a Return-on-Tangible-Asset of 11.18% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Badger Infrastructure Solutions and its competitors. This is 46% above median its historical median of 7.65. According to the industry distribution chart, Badger Infrastructure Solutions ranks #395 out of 1781 companies in the Construction industry, placing it in the top 22.2%.
Is Badger Infrastructure Solutions' Return-on-Tangible-Asset too high?
Badger Infrastructure Solutions' current Return-on-Tangible-Asset of 11.18% is 46% above median its 10-year median of 7.65. The Construction industry median Return-on-Tangible-Asset is 3.05. Badger Infrastructure Solutions' value of 11.18% is 266.6% above this industry median. Based on the distribution chart, Badger Infrastructure Solutions ranks #395 out of 1781 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Badger Infrastructure Solutions has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Badger Infrastructure Solutions' Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Badger Infrastructure Solutions ranks #395 out of 1781 companies for Return-on-Tangible-Asset. This places Badger Infrastructure Solutions in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.05. Badger Infrastructure Solutions' value of 11.18% is 266.6% above this benchmark. While the company's 10-year median is 7.65 vs. the industry median of 3.05, Badger Infrastructure Solutions has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,781 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Badger Infrastructure Solutions's current Return-on-Tangible-Asset of 11.18% is 266.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Badger Infrastructure Solutions and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Infrastructure Solutions's current Return-on-Tangible-Asset is 11.18%, which is 46% above median its own 10-year median of 7.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Infrastructure Solutions stock overvalued right now?
Based on GuruFocus' analysis, Badger Infrastructure Solutions (TSX:BDGI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$59.91, compared to a current price of C$88.86 — trading 48.3% above its estimated fair value. The current Return-on-Tangible-Asset is 11.18%, which is 46% above median its 10-year median of 7.65 and 266.6% above the Construction industry median of 3.05. Badger Infrastructure Solutions' 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Badger Infrastructure Solutions (TSX:BDGI), the current Return-on-Tangible-Asset is 11.18% as of Jun. 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 Badger Infrastructure Solutions (TSX:BDGI) Overvalued in 2026?
Based on GuruFocus' analysis, Badger Infrastructure Solutions stock appears to be overvalued.
The current stock price of C$88.86 is trading 48.3% above its estimated GF Value™ of C$59.91.
GuruFocus considers Badger Infrastructure Solutions to be Significantly Overvalued.
Key valuation signals for TSX:BDGI:
Return-on-Tangible-Asset: 11.18% (46% above median its 10-year median of 7.65)
GF Value™: C$59.91 vs. price of C$88.86 (48.3% above fair value)
Industry Position: 266.6% above the Construction median (#395 of 1781)
No single metric tells the full story. See the TSX:BDGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating and related services, with operations in both the United States and Canada. Its key technology is the Badger Hydrovac, which is used predominantly for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units into its existing and future design and manufacturing processes. It provides services to contractors and facility owners in a range of infrastructure industries, general commercial construction and industrial cleaning services.
86GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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