BQE (BQE Water Inc) vs S&P TSX Composite Index (Canada) Comparison

BQE

S&P TSX Composite Index (Canada)

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

BQE

S&P TSX Composite Index (Canada)

Difference

1Y 3Y 5Y 10Y 15Y 20Y

BQE

S&P TSX Composite Index (Canada)

Add Stock

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

S&P TSX Composite Index (Canada)

BQE

RSG

WCN

VLTO

Add Stock

1Y 3Y 5Y 10Y 15Y 20Y

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

BQE Water Inc
Glance View

Market Cap

77m CAD

Industry

Commercial Services & Supplies

BQE Water, Inc. engages in the provision of water treatment and management for the mining and metallurgical industry. The company is headquartered in Vancouver, British Columbia. The firm manages mine wastewaters and metallurgical bleed streams. The firm provides various technology solutions, including metals, sulphate, selenium and Cyanide/SART. Its metal technology includes BioSulphide & ChemSulphide and Met-IX. Its sulphate technology includes Sulf-IX and Sulf-IXC, and Sulf-IX and Sulf-IXC Mobile Pilot Plant. Its Selenium technology includes Selen-IX and Selen-IX Mobile Pilot Plant. Its Cyanide/SART technology includes SART. Its processes remove metals to meet ultra-low discharge limits, recover metals. Its technologies selectively remove sulphate without producing liquid brine waste and recover approximately 95% of water. Its technology solution selectively removes selenium from mine waters to less than one parts per billion, produces only a small quantity of non-hazardous solid by-product.

View BQE Analysis

BQE Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

US	Waste Management Inc NYSE:WM	Add
US	Republic Services Inc NYSE:RSG	Add
CA	Waste Connections Inc TSX:WCN	Add
US	Veralto Corp NYSE:VLTO	Add
US	Rollins Inc NYSE:ROL	Add
CA	GFL Environmental Inc TSX:GFL	Add
US	Clean Harbors Inc NYSE:CLH	Add
UK	Rentokil Initial PLC LSE:RTO	Add
US	Tetra Tech Inc NASDAQ:TTEK	Add
US	Casella Waste Systems Inc NASDAQ:CWST	Add

US	Waste Management Inc NYSE:WM	Select
US	Republic Services Inc NYSE:RSG	Select
CA	Waste Connections Inc TSX:WCN	Select
US	Veralto Corp NYSE:VLTO	Select
US	Rollins Inc NYSE:ROL	Select
CA	GFL Environmental Inc TSX:GFL	Select
US	Clean Harbors Inc NYSE:CLH	Select
UK	Rentokil Initial PLC LSE:RTO	Select
US	Tetra Tech Inc NASDAQ:TTEK	Select
US	Casella Waste Systems Inc NASDAQ:CWST	Select

US	Waste Management Inc NYSE:WM	Add
US	Republic Services Inc NYSE:RSG	Add
CA	Waste Connections Inc TSX:WCN	Add
US	Veralto Corp NYSE:VLTO	Add
US	Rollins Inc NYSE:ROL	Add
CA	GFL Environmental Inc TSX:GFL	Add
US	Clean Harbors Inc NYSE:CLH	Add
UK	Rentokil Initial PLC LSE:RTO	Add
US	Tetra Tech Inc NASDAQ:TTEK	Add
US	Casella Waste Systems Inc NASDAQ:CWST	Add

US	G	GE Vernova LLC NYSE:GEV	Add
NL	N	Nepi Rockcastle NV JSE:NRP	Add
US		Schlumberger NV NYSE:SLB	Add
US	B	Baker Hughes Co NASDAQ:BKR	Add
ID		Amman Mineral Internasional Tbk PT IDX:AMMN	Add
US	R	Reddit Inc NYSE:RDDT	Add
CH	G	Galderma Group AG SIX:GALD	Add
US		Halliburton Co NYSE:HAL	Add
IN		Jio Financial Services Ltd NSE:JIOFIN	Add
LU		Tenaris SA MIL:TEN	Add

	Franklin Covey Co NYSE:FC	35.3 USD 0.17%
	Mohawk Industries Inc NYSE:MHK	118.28 USD 0.84%
	Ardmore Shipping Corp NYSE:ASC	12.56 USD -1.64%
	ASGN Inc NYSE:ASGN	86.92 USD 0.67%
	Skyworks Solutions Inc NASDAQ:SWKS	92.63 USD -0.03%
	Weatherford International PLC NASDAQ:WFRD	72.13 USD -3.57%

BQE

vs

S&P TSX Composite Index (Canada)

Stocks Performance
BQE vs S&P TSX Composite Index (Canada)

Performance Gap
BQE vs S&P TSX Composite Index (Canada)

Performance By Year
BQE vs S&P TSX Composite Index (Canada)

Competitors Performance
BQE Water Inc vs Peers

BQE Water Inc
Glance View

Company

Help

Tools

Stocks

	Johnson & Johnson NYSE:JNJ	142.27 USD -2.71%
	Bank of America Corp NYSE:BAC	46.21 USD 0.28%
	Mastercard Inc NYSE:MA	516.4 USD 0.98%
	Salesforce Inc NYSE:CRM	326.9 USD 0.61%
	Abbvie Inc NYSE:ABBV	178.5 USD -0.57%
	Home Depot Inc NYSE:HD	387.2 USD 0.77%

	Arista Networks Inc NYSE:ANET	115.51 USD 0.19%
	Visa Inc NYSE:V	312.6 USD 0.3%
	Texas Pacific Land Corp NYSE:TPL	1 275.94 USD 1.4%
	KLA Corp NASDAQ:KLAC	686.2 USD -0.45%
	Manhattan Associates Inc NASDAQ:MANH	272.49 USD 1.6%
	Pinduoduo Inc NASDAQ:PDD	100.32 USD -0.3%

	Salesforce Inc NYSE:CRM	326.9 USD 0.61%
	ServiceNow Inc NYSE:NOW	1 049.08 USD -0.48%
	EOG Resources Inc NYSE:EOG	128.46 USD 0.71%
	Copart Inc NASDAQ:CPRT	56.78 USD 0.96%
	Applied Materials Inc NASDAQ:AMAT	176.99 USD -0.47%
	Synopsys Inc NASDAQ:SNPS	502 USD 2.95%

	Johnson & Johnson NYSE:JNJ	142.27 USD -2.71%
	Berkshire Hathaway Inc NYSE:BRK.A	677 925 USD -0.09%
	Bank of America Corp NYSE:BAC	46.21 USD 0.28%
	Mastercard Inc NYSE:MA	516.4 USD 0.98%
	UnitedHealth Group Inc NYSE:UNH	524.52 USD 2%
	Exxon Mobil Corp NYSE:XOM	106.93 USD -1.67%

BQE vs S&P TSX Composite Index (Canada)

Stocks Performance BQE vs S&P TSX Composite Index (Canada)

Performance Gap BQE vs S&P TSX Composite Index (Canada)

Performance By Year BQE vs S&P TSX Composite Index (Canada)

Competitors Performance BQE Water Inc vs Peers

BQE Water Inc Glance View

Company

Help

Tools

Stocks

BQE

vs

S&P TSX Composite Index (Canada)

Stocks Performance
BQE vs S&P TSX Composite Index (Canada)

Performance Gap
BQE vs S&P TSX Composite Index (Canada)

Performance By Year
BQE vs S&P TSX Composite Index (Canada)

Competitors Performance
BQE Water Inc vs Peers

BQE Water Inc
Glance View