TSE:BYD
Boyd Group Services Inc. (BYD.TO)
Financials 
Technical Analysis 
Jul 5, 2026, 12:00 amThis summary was created by AI, based on 7 opinions in the last 12 months.
Boyd Group Services Inc. (BYD-T) is facing notable challenges, particularly with rising labor costs and increased accident volumes, which have affected its overall performance. Despite these issues, the company has shown signs of recovery, with positive same-store sales growth in recent quarters and improving margins. Analysts have mixed views; while there are concerns regarding labor shortages and expensive vehicle repairs to navigate, there are indications that the collision repair industry may have reached its bottom. Analysts are cautious about the gap between market perceptions and expectations, indicating the need for sustained improvement and stability before greater optimism can be warranted. There are expectations for potential M&A activity, although the landscape has become less fragmented, possibly affecting future growth trajectories.
(A Top Pick June 8/12. Up 108.5%.) Just made a sizable auto repair shop acquisition and have moved into Michigan, which will give them another stage to continue to make acquisitions and consolidate. Lots of running room.
Veronika HirschWas buying more when it dropped. Great company that is exposed to auto body repair. Great revenue sharing agreement with a paint supplier of theirs. Done extremely well over the years but never raised equity and continues to pay great dividends. Liquidity issue as it doesn’t trade a great deal of shares. Some investors may think they are exposed to Calgary flooding.
Andrew HamlinAuto collision repair. A big consolidator in the sector as well as in the glass repair business. Revenues have doubled in 3 years. Dividend keeps going up. Not expensive. Cash flow is starting to kick in. Thinks they are only just starting. Just made their 1st purchase in Ontario. They know exactly what they are doing. 2% yield.
(A Top Pick March 9/12. Up 52.16%.) Purely a story on the consolidation of collision repair shops in North America. Majority of their business is now out of the US. Yield of 2.51%.
Veronika HirschReasonable valuation. Has been some private equity buyouts. Growing by acquisition. Pays out a chunk of its cash flow so as it grows it will increase the dividend and they have been. It’s an industry that has not been consolidated at all. There is lots of expansion left for them. Comfortable with the 63% payout ratio.
Veronika HirschVeronika Hirsch
Colin StewartVeronika Hirsch
Jason Donville
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Great business and great story. They have been consolidating and buying up small collision companies. Earnings continue to ramp up. Will continue to do very well. Never trades at a cheap valuation.