BluMetric Environmental Inc. (BLM.V) 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

-135.1%

-CA$0.29

vs CA$0.82 price

Levered DCF

CA$1.23

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

2.28

Grey zone

Rating

B-

Overall 3 / 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	-21.21×	336.36×	17.44×	8×	5.46×	7.93×	14.34×	1.98×
P/B	3.1×	1.59×	0.72×	0.93×	2.07×	0.61×	0.9×	1.01×
P/S	0.78×	0.63×	0.25×	0.31×	0.58×	0.13×	0.18×	0.16×
EV / EBITDA	27.81×	17.66×	4.84×	3.48×	3.5×	2.36×	8.26×	8.31×
Gross margin	24.2%	40.1%	21.6%	22.0%	26.6%	21.4%	20.7%	21.0%
Operating margin	-2.0%	1.7%	2.9%	5.0%	13.1%	6.0%	3.4%	3.4%
Net margin	-3.7%	0.2%	1.4%	3.9%	10.5%	1.6%	1.2%	8.2%
Current ratio	1.41×	1.29×	2.83×	2.56×	2.63×	1.49×	2.06×	1.61×
Debt / equity	0.54×	0.55×	0.23×	0.19×	0.26×	0.63×	0.66×	1.01×
Interest coverage	-3.3×	1.66×	5.68×	15.5×	16.72×	3.61×	2.3×	2.42×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	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	-14.6%	0.5%	4.2%	11.6%	37.8%	7.8%	6.3%	50.8%
Return on invested capital	-5.9%	0.6%	3.6%	10.4%	32.0%	6.7%	7.6%	10.3%
Return on assets	-6.2%	0.2%	2.5%	6.7%	21.4%	3.0%	2.8%	18.3%
Free cash flow yield	2.6%	-2.7%	-9.1%	10.5%	16.9%	68.4%	38.6%	-21.2%
Earnings yield	-4.7%	0.3%	5.7%	12.5%	18.2%	12.6%	7.0%	50.4%
Enterprise value	CA$55.2M	CA$25.7M	CA$8.6M	CA$7.8M	CA$18.3M	CA$5.1M	CA$8.4M	CA$10.5M
Net debt / EBITDA	3.25×	2.71×	-0.14×	-1.23×	-0.41×	0.64×	3.35×	4.15×
Cash conversion cycle (days)	49	107	100	90	80	70	72	81