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  5. BDT: What do you think about BDT's prospects in the upcoming Canadian economic landscape? [Bird Construction Inc.]

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Q: What do you think about BDT's prospects in the upcoming Canadian economic landscape?

Their shareholder material suggests they're exposed to renewable and green energy infrastructure projects, extractive sectors like mining (critical minerals), as well as the constant talk about needing to build more homes all seem like tailwinds. I also like the emphasis on health and safety of their workforce which suggests a healthy and mature management team.

From a financial POV they seem to tick a lot of boxes too. Good historical ROE growth, heathy debt levels, a healthy/diversified backlog, growing forward EPS, and approaching $1B in market cap.

What do you think about BDT's prospects?
What's the bear case for BDT?
Asked by Michael on April 24, 2024
5i Research Answer:
We think BDT is very interesting at current levels. The focus on electrification projects and...
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