TSE:BDGI

Badger Infrastructure (BDGI.TO)

93.90
+0.20 (0.21%)
as of Jul 8, 2026, 8:00:00 pm Market Open.
210 watching
0
Investor Insights
star iconJul 8, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

Badger Infrastructure (BDGI-T) is experiencing exceptional demand across North America, driven by a robust infrastructure super-cycle. Fundamental improvements have led to expanding margins, reflecting a solid earnings momentum in conjunction with elevated operating leverage. The company's strong performance is underscored by a rise in share prices, supported by a favorable outlook in utility upgrades and underground infrastructure spending. Despite a year-to-date increase of 70% and signals of good free cash flow generation, analysts suggest the stock may face some consolidation as investors take profits. With an attractive price/earnings multiple and a promising growth trajectory, BDGI is considered a strong long-term investment, provided that infrastructure spending maintains its current pace.

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Consensus
Positive
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Valuation
Undervalued
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TOP PICK
Canadian company expanding into the US in the high-pressure water/earth moving business. High-pressure water moving earth helps with pipelines underground. There was a take-over offer that they fought off because the company is worth more down the road. Big, safe dividends.
TOP PICK
Use high pressure water to move earth. Customers are mainly energy companies and utilities. Expanding big in the US. Lots of upside. Good management. Nice yield of 5.4%.
BUY
Clean out holes in everything from telecommunications to oil and gas. Great company. Expects there will be some absolutely blow out numbers for the oil/gas sector in Q4 and some really strong numbers in 2011. Other names that also look great are Phoenix (PHX.UN-T), Cathedral (CET-T) and Canadian Energy Services (CEU-T). (Also see Top Picks.)
BUY
Holes and trenches for utilities and around the oil sands. Have corporate and franchisee trucks. Last quarter indicated things were turning around and was more positive. Cheap at 5X on a Price to Cash Flow basis. Conservative management.
TOP PICK
Hydro/vacuum trucks that dig holes. High-pressure water with vacuum that exposes pipes, etc. that companies want to excavate or check. Generated very high returns on equity through the years. Will benefit from infrastructure spending in Canada and US. Very cheap at 3.7X cash flow.
BUY
(Market Call Minute.)
BUY
A beautiful business. Glorified vacuum trucks, which are used for non-invasive servicing. Does have some oil field services. Feels this is a very strong steady stock. "Hold forever, then wake up one day and cash out"
BUY
Has become really cheap. Building about 4 hydrovac trucks. 60% payout ratio. Virtually no long-term debt on the balance sheet. Good growth prospects.
BUY
This is an excellent company. They have no debt. It is a good time to pick it up.
BUY
Does trench work for oil/gas in industrial and utilities sectors. No long-term debt. They're paying for their growth expansion through internal generated cash flow. Good management. Like their growth prospects.
BUY
Likes the energy service sector. Not that well owned institutionally yet because of its small market cap.
BUY
In the Hydrovac business, so their business is quite strong. They also service industrial pipes and utilities. Low debt. Have raised their distributions.
BUY ON WEAKNESS
Payout is quite low. The opportunity for growth continues to be pretty good. Just out of the top 25 in his model. Expects about a 6% earnings growth. High correlation to oil prices (he's not sure why) and if oil pulls back like expected, he would buy more.
BUY
Has grown dramatically. Has about 212 units. Very profitable business. Unique technologies.
BUY ON WEAKNESS
Essentially it digs into the ground to access pipeline for expansion. There will be a lot more of this work both in Canada and the US, so it should continue to grow. Taking a hard look at this one. If it pulls back a little more, they may take a position.
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