Bird Construction Inc. (BDT.TO) Valuation — DCF, Graham & Comparables

Bird Construction Inc. (BDT.TO) — Price 74.56 CAD (closing price, November 3, 2026) — Industrials — Engineering & Construction — TSX

Latest reported results:

Valuation dashboard for Bird Construction Inc. (BDT.TO) with P/E 69.04, P/B 9.14, EV/EBITDA 19.1 and dividend yield 1.13%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Industrials companies.

Bird Construction Inc. operates as a prominent general contractor throughout Canada, with a core expertise spanning the industrial, commercial, and institutional domains. Their industrial undertakings encompass the construction of diverse facilities such as manufacturing plants, processing centers, distribution hubs, and warehouses.

Where would it trade at its usual multiples?

No valuation verdict: it trades at 69.0 times its 12-month earnings (its sector median, 25.9), and its usual multiples applied to today's earnings would give an unreliable reference price.

Analysis Summary

Bird Construction Inc. reported revenue of 3.40B CAD in the most recent fiscal year, growing at a 5-year CAGR of 17.7%. Net income reached 47.4M CAD, with a 5.6% 5-year CAGR.

Trailing-twelve-month margins: gross margin 9.4%, operating margin 4.4%, net margin 1.6%.

At 74.56 CAD (closing price, November 3, 2026), BDT.TO trades at a P/E of 69.04 and an ROE of 13.41%. Market capitalisation stands at CAD 4.1B.

Balance sheet quality for BDT.TO: debt-to-equity ratio of 0.94, current ratio of 1.32 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio69.04
Price / Book9.14
EV / EBITDA19.1
Dividend Yield1.13%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
BDT.TOBird Construction Inc.CAD 4.1B69.049.1413.4%
ARE.TOAecon Group Inc.CAD 3.9B3.91-5.3%
PWRQuanta Services, Inc.$99.0B59.518.8817.7%
0KSR.LQuanta Services, Inc.$81.3B61.818.5214.9%
LTOD.LLarsen & Toubro Limited$51.9B28.083.9414.9%
FIXComfort Systems USA, Inc.$45.2B27.7412.6455.2%
FERFerrovial N.V.$41.5B60.096.5110.4%
EMEEMCOR Group, Inc.$31.0B20.467.0438.8%

Price

Price74.56 CAD (closing price, November 3, 2026)
Market CapCAD 4.1B
ExchangeTSX
CountryCA

Profitability

Return on Equity13.41%
Return on Invested Capital11.51%
Return on Assets2.64%
Gross Margin9.37%
Operating Margin4.42%
Net Margin1.63%

Related companies: ARE.TO · PWR · 0KSR.L · LTOD.L · FIX · FER · EME · 0DH7.L

Explore sector: Industrials · Engineering & Construction

More sections of BDT.TO: Overview · Financials · Estimates · Technical · Ownership

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