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Bird Construction Inc.

Industrials CA BDT

25.5CAD
-0.7(2.67%)

Last update at 2024-12-19T17:28:00Z

Day Range

25.5026.50
LowHigh

52 Week Range

11.3132.62
LowHigh

Fundamentals

  • Previous Close 26.20
  • Market Cap1633.79M
  • Volume79718
  • P/E Ratio18.91
  • Dividend Yield2.89%
  • EBITDA130.00M
  • Revenue TTM3252.75M
  • Revenue Per Share TTM60.12
  • Gross Profit TTM 201.76M
  • Diluted EPS TTM1.56

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 67.19M 57.63M 49.32M 11.96M -2.67400M
Minority interest - - - - -
Net income 49.86M 42.78M 36.10M 9.48M -1.01300M
Selling general administrative 132.39M 127.01M 78.78M 58.72M 58.93M
Selling and marketing expenses - - - - -
Gross profit 201.76M 186.69M 126.30M 70.95M 57.45M
Reconciled depreciation 36.44M 34.54M 21.70M 15.81M 11.24M
Ebit 66.66M 63.86M 55.31M 14.92M -0.19000M
Ebitda 113.52M 98.84M 75.01M 33.07M 11.05M
Depreciation and amortization 46.86M 34.98M 19.69M 18.15M 11.24M
Non operating income net other - - - - -
Operating income 66.66M 63.86M 55.31M 14.92M 0.42M
Other operating expenses 2308.17M 2160.36M 1456.91M 1364.18M 1383.26M
Interest expense 8.99M 6.72M 7.77M 5.23M 2.48M
Tax provision 17.32M 14.85M 13.22M 2.48M -1.66100M
Interest income 1.35M 5.35M 1.51M 2.70M 2.06M
Net interest income 1.43M -6.27900M -6.67800M -2.89500M -2.13300M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 17.32M 14.85M 13.22M 2.48M -1.66100M
Total revenue 2377.55M 2220.03M 1504.43M 1376.41M 1381.78M
Total operating expenses 132.39M 127.01M 78.78M 58.72M 58.93M
Cost of revenue 2175.79M 2033.34M 1378.13M 1305.46M 1324.33M
Total other income expense net 0.52M -6.22800M -5.99500M -2.96200M -3.09000M
Discontinued operations - - - - -
Net income from continuing ops 49.86M 42.78M 36.10M 9.48M -1.01300M
Net income applicable to common shares 49.86M 42.78M 36.10M 9.48M -1.01300M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1424.36M 1229.28M 1137.15M 1061.80M 856.79M
Intangible assets 46.39M 34.74M 30.48M 27.53M 2.48M
Earning assets - - - - -
Other current assets 15.37M 68.27M 73.85M 1.33M 5.97M
Total liab 1101.87M 956.29M 893.66M 849.19M 729.07M
Total stockholder equity 322.49M 272.99M 243.49M 212.61M 127.72M
Deferred long term liab - - - - -
Other current liab 39.11M 40.59M 49.36M 47.34M 17.52M
Common stock 115.27M 114.58M 114.58M 108.06M 42.53M
Capital stock 115.27M 114.58M 114.58M 108.06M 42.53M
Retained earnings 205.31M 156.54M 126.94M 102.52M 83.20M
Other liab - 47.15M 41.61M 40.33M 22.35M
Good will 55.99M 55.74M 55.74M 33.05M 16.39M
Other assets 0.00000M 37.10M 41.89M 45.15M 17.89M
Cash 177.53M 111.63M 125.68M 212.07M 180.33M
Cash and equivalents - - - 60.20M -
Total current liabilities 914.47M 785.67M 721.26M 684.62M 648.86M
Current deferred revenue 206.34M 146.99M 130.31M 120.05M 112.13M
Net debt -26.17300M 36.72M 32.36M -61.08000M -23.23900M
Short term debt 29.05M 24.87M 27.25M 26.76M 99.28M
Short long term debt 8.30M 7.08M 7.47M 8.01M 91.26M
Short long term debt total 151.36M 148.35M 158.04M 150.99M 157.09M
Other stockholder equity 1.96M 1.96M 1.96M 1.96M 1.96M
Property plant equipment - 121.61M 122.50M 120.95M 80.48M
Total current assets 1148.48M 970.30M 873.07M 820.14M 729.36M
Long term investments 10.48M 9.79M 13.47M 14.71M 10.19M
Net tangible assets - 182.51M 157.27M 152.03M 108.85M
Short term investments 0.05M - - - 7.07M
Net receivables 955.58M 780.02M 664.13M 598.70M 532.93M
Long term debt 64.62M 68.01M 71.21M 64.90M 34.74M
Inventory 12.08M 10.38M 9.41M 8.04M 0.55M
Accounts payable 639.96M 573.22M 514.33M 490.47M 419.92M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.04100M -0.08900M 0.01M 0.07M 0.04M
Additional paid in capital - - - - -
Common stock total equity - - - 108.06M 42.53M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 3.65M 5.54M 9.10M 26.34M 6.61M
Deferred long term asset charges - - - - -
Non current assets total 275.89M 258.98M 264.08M 241.66M 127.43M
Capital lease obligations 78.43M 73.26M 79.36M 78.08M 31.10M
Long term debt total - 123.48M 130.79M 124.23M 57.81M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -14.81200M 1.43M -53.89900M -8.21900M -16.02100M
Change to liabilities 75.02M 29.21M -168.29100M 88.69M 7.84M
Total cashflows from investing activities -14.81200M -23.30500M -53.89900M -8.21900M -16.02100M
Net borrowings -23.33700M -13.49700M -65.55200M 84.64M -44.23200M
Total cash from financing activities -44.27800M -34.24600M -43.28300M 68.06M -60.81400M
Change to operating activities -20.96000M -2.75400M 5.66M -8.12200M -4.39200M
Net income 49.86M 42.78M 36.10M 9.48M -1.01300M
Change in cash -15.58400M -21.87700M 31.73M 21.41M 25.86M
Begin period cash flow 190.19M 212.07M 180.33M 158.92M 133.06M
End period cash flow 174.61M 190.19M 212.07M 180.33M 158.92M
Total cash from operating activities 43.40M 35.83M 128.95M -38.07600M 101.44M
Issuance of capital stock - - 39.88M - -
Depreciation 36.44M 34.54M 21.70M 15.81M 11.24M
Other cashflows from investing activities 12.95M 3.98M -0.39200M -0.39200M -0.86100M
Dividends paid 20.94M 20.75M 17.61M 16.58M 16.58M
Change to inventory -0.97900M -1.29400M -1.26000M 0.29M -0.32600M
Change to account receivables -111.40900M -60.94400M 153.40M -75.91100M 18.90M
Sale purchase of stock - 0.00000M 88.28M - -
Other cashflows from financing activities 52.78M 58.60M 3.22M 97.37M -37.49800M
Change to netincome 16.41M -9.95900M 2.05M 2.90M -4.17900M
Capital expenditures 27.77M 11.76M 14.23M 14.43M 14.61M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -59.31700M -31.53500M 69.09M -66.26900M 95.53M
Stock based compensation 5.99M 10.06M 4.70M 3.16M 4.63M
Other non cash items -6.89300M -34.86200M -15.86700M -2.73600M -7.28200M
Free cash flow 15.63M 24.07M 114.72M -52.50700M 86.83M

Peer Comparison

Sector: Industrials Industry: Engineering & Construction

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BDT
Bird Construction Inc.
-0.7 2.67% 25.50 18.91 10.65 0.50 4.71 0.59 11.07
WSP
WSP Global Inc
-0.6 0.24% 246.16 47.41 25.84 2.09 4.65 2.35 19.07
STN
Stantec Inc
-0.37 0.32% 114.43 37.64 23.04 2.34 4.82 2.13 17.38
ATRL
SNC-Lavalin Group Inc.
-0.91 1.22% 73.72 37.60 21.01 1.33 3.57 1.53 17.47
ARE
Aecon Group Inc.
0.35 1.33% 26.59 - 19.16 0.43 1.84 0.38 71.68

Reports Covered

Stock Research & News

Profile

Bird Construction Inc. provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication. It also engages in the civil construction operations, such as site preparation and earthworks, underground piping, utilities and foundation, drilling, blasting, and other concrete services, as well as contract mining, mine support, and greenfield and brownfield hydroelectric facilities; steel modular construction; and civil infrastructure operations comprising road, bridge, rail, and underground utilities installation. In addition, it constructs and retrofits institutional facilities, include healthcare facilities, post-secondary education facilities, K-12 schools, public safety and defence facilities, recreation facilities, transportation, courthouses, government buildings, and long term care and senior housing facilities; offers industrial maintenance, repair, and operations services; and constructs new construction and retrofit of warehousing, laboratories, manufacturing and processing facilities, data centers, office buildings, retail spaces, film studio infrastructure, hotels, and mixed-use mid- to high-rise residential buildings. Further, it offers electrical and related system services, such as electrical and mechanical infrastructure design and installation, data communications, telecommunications, security, and lifecycle services. It serves oil and gas, chemicals, liquefied natural gas, natural resources, nuclear, power, renewable energy, and water and wastewater sectors. The company was founded in 1920 and is based in Mississauga, Canada.

Bird Construction Inc.

5700 Explorer Drive, Mississauga, ON, Canada, L4W 0C6

Key Executives

Name Title Year Born
Mr. Terrance Lloyd McKibbon ICD.D Pres, CEO & Director 1964
Mr. Wayne R. Gingrich C.M.A., CPA, CPA, CMA Chief Financial Officer NA
Mr. Gilles Gerald Royer Chief Operating Officer NA
Mr. J. Paul Bergman CET Exec. VP of Buildings East NA
Mr. Rob Otway P.Eng. Exec. VP of Buildings West NA
Mr. Richard Begg Chief Information Officer NA
Mr. Charles Joseph Caza B.A., BA Sc Eng, L.L.B., LL.B Exec. VP & Gen. Counsel NA
Ms. Cheryl Ballerini Director of Strategic Devel. & Communications NA
Brian C. Henry Chief People Officer NA
Mr. Durck de Winter P.Eng, GSC Sr. VP & Atlantic District Mang. of Saint John office NA

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