Concrete Pumping Holdings, Inc. (BBCP) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-59.5%

$4.24

vs $10.46 price

Levered DCF

-$1.69

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

1.11

Distress zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	72.78×	21.35×	12.78×	13.35×	-31.54×	-2.78×	-6.14×	10.43×
P/B	1.18×	0.94×	1.22×	1.24×	1.8×	0.64×	0.63×	58.96×
P/S	0.87×	0.71×	0.85×	0.86×	1.49×	0.56×	0.71×	1.21×
EV / EBITDA	7.76×	6.13×	6.08×	6.69×	8.83×	17.79×	7.12×	4×
Gross margin	38.5%	38.9%	40.3%	40.8%	43.6%	45.1%	44.3%	43.7%
Operating margin	10.6%	11.6%	13.9%	12.5%	12.0%	-10.4%	10.2%	16.4%
Net margin	1.6%	3.8%	7.2%	7.1%	-4.8%	-20.1%	-11.5%	11.7%
Current ratio	2.17×	1.99×	1.12×	0.74×	1.4×	0.96×	0.68×	0.07×
Debt / equity	1.52×	1.24×	1.35×	1.6×	1.41×	1.37×	1.28×	0.07×
Interest coverage	1.32×	1.91×	2.19×	1.94×	1.51×	-0.92×	0.79×	1.87×
Dividend yield	15.6%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	833.7%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	2.2%	5.0%	10.3%	10.3%	-5.7%	-22.9%	-10.2%	567.6%
Return on invested capital	3.2%	3.9%	5.7%	5.0%	5.1%	-4.0%	2.8%	17.5%
Return on assets	0.7%	1.8%	3.5%	3.2%	-1.9%	-7.9%	-3.7%	11.9%
Free cash flow yield	5.1%	14.3%	11.1%	-7.7%	2.6%	23.3%	-2.8%	2.7%
Earnings yield	1.9%	5.4%	8.5%	8.3%	-3.2%	-35.9%	-16.2%	9.6%
Enterprise value	$737.7M	$657.8M	$774.9M	$786M	$832.8M	$530.7M	$598.9M	$295.2M
Net debt / EBITDA	4.18×	3.32×	3.14×	3.75×	3.83×	12.08×	4.74×	0×
Cash conversion cycle (days)	51	46	49	53	45	51	55	43