BQE Water (TSXV:BQE) ROCE %: -20.48% (As of Mar. 2026)

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TSXV:BQE BQE Water Inc TSXV:BQE
86 GF Score
Price C$74.94
GF Value C$75.57
Valuation Fairly Valued
! 3 Warning Signs
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What is BQE Water ROCE %?

BQE Water TSXV:BQE 86 ROCE % is -20.48% as of Mar. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. BQE Water's annualized ROCE % for the quarter that ended in Mar. 2026 was -20.48%.

BQE Water  (TSXV:BQE) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

BQE Water ROCE % Related Terms

BQE Water ROCE % Historical Data

* Premium members only.

The historical data trend for BQE Water's ROCE % 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.

BQE Water ROCE % Chart

BQE Water Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.56 11.85 20.07 19.20 25.07

BQE Water Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.58 24.36 36.74 14.26 -20.48
TSXV:BQE
86GF Score
BQE Water Inc TSXV:BQE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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BQE Water ROCE % Calculation

BQE Water's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=6.732/( ( (27.093 - 4.722) + (35.71 - 4.365) )/ 2 )
=6.732/( (22.371+31.345)/ 2 )
=6.732/26.858
=25.07 %

BQE Water's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-6.384/( ( (35.71 - 4.365) + (34.681 - 3.687) )/ 2 )
=-6.384/( ( 31.345 + 30.994 )/ 2 )
=-6.384/31.1695
=-20.48 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -20.48% mean?
BQE Water (TSXV:BQE) has a ROCE % of -20.48% as of Mar. 2026.
Is BQE Water's ROCE % too high?
BQE Water's current ROCE % is -20.48%. 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 ROCE % compare to WM and RSG?
BQE Water's ROCE % of -20.48% can be compared against companies in the Waste Management industry. The industry median ROCE % is 5.83. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Waste Management company?
The median ROCE % among Waste Management companies is 5.83, based on 235 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Waste Management industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BQE Water's current ROCE % is -20.48%. 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 ROCE % is -20.48%. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For BQE Water (TSXV:BQE), the current ROCE % is -20.48% 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 (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:

  • ROCE %: -20.48%
  • GF Value™: C$75.57 vs. price of C$74.94 (0.8% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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 Business Description

Other Exchanges BTQNF:USAUL5A:Germany
Address 30 East 6th Avenue, Suite 200, Vancouver, BC, CAN, V5T 1J4
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

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$74.94
Price
C$75.57
GF Value