BDT Stock Analysis: Bird Construction | TO

Engineering & Construction | TO, Canada | Market Cap: 3.768m CAD | 12M Return: 154.2% | CA09076P1045 | Charts, Fundamentals & Technical Analysis

Industrial Facilities, Institutional Buildings, Civil Infrastructure, Electrical
Total Rating 68
Safety 84
Buy Signal 0.78
Engineering & Construction
Industry Rotation: +6.4
Market Cap: 2.69B
Avg Turnover: 24.2M
Risk 3d forecast
Volatility70.8%
VaR 5th Pctl11.3%
VaR vs Median-2.71%
Reward TTM
Sharpe Ratio2.15
Rel. Str. IBD97.8
Rel. Str. Peer Group97 pctl
Character TTM
Beta1.140
Beta Downside0.741
Hurst Exponent0.408
Choppyness72.5%
Drawdowns 3y
Max DD42.63%
CAGR/Max DD2.12
CAGR/Mean DD9.43
EPS (Earnings per Share) EPS (Earnings per Share) of BDT over the last years for every Quarter: "2021-09": 0.26, "2021-12": 0.18, "2022-03": 0.12, "2022-06": 0.16, "2022-09": 0.29, "2022-12": 0.29, "2023-03": 0.1, "2023-06": 0.29, "2023-09": 0.54, "2023-12": 0.45, "2024-03": 0.2, "2024-06": 0.42, "2024-09": 0.69, "2024-12": 0.67, "2025-03": 0.23, "2025-06": 0.5, "2025-09": 0.64, "2025-12": -0.25, "2026-03": 0.25, "2026-06": 0.7,
EPS CAGR: -1.28%
EPS Trend: -5.0%
Last SUE: 0.42
Qual. Beats: 0
Revenue Revenue of BDT over the last years for every Quarter: 2021-09: 621.224, 2021-12: 597.803, 2022-03: 475.521, 2022-06: 576.688, 2022-09: 668.156, 2022-12: 648.967, 2023-03: 536.458999, 2023-06: 686.415, 2023-09: 783.843, 2023-12: 792.068, 2024-03: 688.2, 2024-06: 873.541, 2024-09: 898.939, 2024-12: 936.666, 2025-03: 717.553, 2025-06: 850.772, 2025-09: 951.432, 2025-12: 877.009, 2026-03: 783.368, 2026-06: 1043.272999,
Rev. CAGR: 10.35%
Rev. Trend: 91.3%
Last SUE: 1.49
Qual. Beats: 1

Warnings

Below Avwap Earnings

Tailwinds

Rs Leader
Idiosyncratic Leader
Avwap Ph Week

Seasonality 11.8 years of data

Jan -1.1% 15
Feb +1.4% 18
Mar -0.5% 5
Apr -0.8% 10
May +0.9% 8
Jun +0.2% 19
Jul -0.2% 7
Aug -5.3% 30
Sep -0.9% 8
Oct -0.6% 11
Nov +0.7% 0
Dec +1.8% 26

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: BDT Bird Construction

Bird Construction is a Canada-based construction and engineering company that delivers industrial, infrastructure, and building projects. Its services span civil and electrical work, modular construction, facility maintenance, and new construction or retrofits for clients in sectors including energy, healthcare, education, transportation, and commercial real estate. Like many contractors, Bird works across project-based construction and ongoing maintenance services. Founded in 1920, the company is headquartered in Mississauga, Ontario.

Headlines to Watch Out For
  • Large project backlog supports industrial and infrastructure revenue growth
  • Contract execution and labor costs drive margin volatility
  • Canadian infrastructure spending and energy projects sustain bid pipeline
Piotroski VR-10 (Strict) 4.5
Net Income: 59.4m TTM > 0 and > 6% of Revenue
FCF/TA: 0.13 > 0.02 and ΔFCF/TA 9.12 > 1.0
NWC/Revenue: 11.29% < 20% (prev 8.55%; Δ 2.74% < -1%)
CFO/TA 0.14 > 3% & CFO 307.7m > Net Income 59.4m
Net Debt (275.6m) to EBITDA (224.3m): 1.23 < 3
Current Ratio: 1.32 > 1.5 & < 3
Outstanding Shares: last quarter (55.4m) vs 12m ago 0.02% < -2%
Gross Margin: 9.37% > 18% (prev 10.47%; Δ -1.10% > 0.5%)
Asset Turnover: 181.1% > 50% (prev 190.4%; Δ -9.36% > 0%)
Interest Coverage Ratio: 6.61 > 6 (EBIT TTM 144.8m / Interest Expense TTM 21.9m)
Altman Z'' 2.37
A: 0.18 (Total Current Assets 1.71b - Total Current Liabilities 1.30b) / Total Assets 2.25b
B: 0.13 (Retained Earnings 293.6m / Total Assets 2.25b)
C: 0.07 (EBIT TTM 144.8m / Avg Total Assets 2.02b)
D: 0.25 (Book Value of Equity 451.7m / Total Liabilities 1.80b)
Altman-Z'' = 2.37 = BBB
Beneish M -2.93
DSRI: 1.12 (Receivables 1.35b/1.13b, Revenue 3.66b/3.40b)
GMI: 1.12 (GM 10.47% / 9.37%)
AQI: 0.75 (AQ_t 0.11 / AQ_t-1 0.15)
SGI: 1.07 (Revenue 3.66b / 3.40b)
TATA: -0.11 (NI 59.4m - CFO 307.7m) / TA 2.25b)
Beneish M = -2.93 (Cap -4..+1) = A
What is the price of BDT shares?

As of November 04, 2026, the stock is trading at CAD 74.56 with a total of 219,016 shares traded. Over the past week, the price has changed by +2.17%, over one month by -10.58%, over three months by +6.48% and over the past year by +154.24%.

Current recommended Stop Loss: 70.20 (which is 5.8% or 1.2 ATR below the current price).

Is BDT a buy, sell or hold?

Bird Construction has no consensus analysts rating.

Bird Construction (BDT) - Fundamental Data Overview as of 03 November 2026
Market Cap USD = 2.69b (3.77b CAD * 0.7147 CAD.USD)
P/E Trailing = 63.5607
P/E Forward = 17.452
P/S = 1.0309
P/B = 8.3413
P/EG = 2.55
Revenue TTM = 3.66b CAD
EBIT TTM = 144.8m CAD
EBITDA TTM = 224.3m CAD
Long Term Debt = 253.7m CAD (from longTermDebt, last quarter)
Short Term Debt = 87.9m CAD (from shortTermDebt, last quarter)
Debt = 539.9m CAD (from shortLongTermDebtTotal, last quarter) + Leases 116.1m
Net Debt = 275.6m CAD (calculated: Debt 539.9m - CCE 264.3m)
Enterprise Value = 4.04b CAD (3.77b + Debt 539.9m - CCE 264.3m)
Interest Coverage Ratio = 6.61 (Ebit TTM 144.8m / Interest Expense TTM 21.9m)
EV/FCF = 14.29x (Enterprise Value 4.04b / FCF TTM 282.9m)
FCF Yield = 7.00% (FCF TTM 282.9m / Enterprise Value 4.04b)
FCF Margin = 7.74% (FCF TTM 282.9m / Revenue TTM 3.66b)
Net Margin = 1.63% (Net Income TTM 59.4m / Revenue TTM 3.66b)
Gross Margin = 9.37% ((Revenue TTM 3.66b - Cost of Revenue TTM 3.31b) / Revenue TTM)
Gross Margin QoQ = 9.40% (prev 7.68%)
Tobins Q-Ratio = 1.80 (Enterprise Value 4.04b / Total Assets 2.25b)
Interest Expense / Debt = 4.06% (Interest Expense 21.9m / Debt 539.9m)
Taxrate = 25.84% (20.7m / 80.1m)
NOPAT = 107.4m (EBIT 144.8m * (1 - 25.84%))
Current Ratio = 1.32 (Total Current Assets 1.71b / Total Current Liabilities 1.30b)
Debt / Equity = 1.20 (Debt 539.9m / totalStockholderEquity, last quarter 451.7m)
Debt / EBITDA = 1.23 (Net Debt 275.6m / EBITDA 224.3m)
Debt / FCF = 0.97 (Net Debt 275.6m / FCF TTM 282.9m)
Total Stockholder Equity = 443.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.94% (Net Income 59.4m / Total Assets 2.25b)
RoE = 13.41% (Net Income TTM 59.4m / Total Stockholder Equity 443.1m)
RoCE = 20.78% (EBIT 144.8m / Capital Employed (Equity 443.1m + L.T.Debt 253.7m))
RoIC = 12.50% (NOPAT 107.4m / Invested Capital 859.2m)
WACC = 8.66% (E(3.77b)/V(4.31b) * Re(9.47%) + D(539.9m)/V(4.31b) * Rd(4.06%) * (1-Tc(0.26)))
Discount Rate = 9.47% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 78.01 | Cagr: 1.25%
[DCF] Terminal Value 76.97% ; FCFF base≈194.4m ; Y1≈222.9m ; Y5≈328.0m
[DCF] Fair Price = 79.52 (EV 4.68b - Net Debt 275.6m = Equity 4.41b / Shares 55.4m; r=8.66% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -4.97 | EPS CAGR: -1.28% | SUE: 0.42 | # QB: 0
Revenue Correlation: 91.35 | Revenue CAGR: 10.35% | SUE: 1.49 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.91 | Chg30d=-0.87% | Revisions=-25% | Analysts=8
EPS current Year (2026-12-31): EPS=2.75 | Chg30d=-0.03% | Revisions=+25% | GrowthEPS=+41.6% | GrowthRev=+21.0%
EPS next Year (2027-12-31): EPS=3.89 | Chg30d=+0.82% | Revisions=+25% | GrowthEPS=+41.4% | GrowthRev=+18.8%
[Analyst] Revisions Ratio: +17% (up=2, down=1)