Concrete Pumping Holdings Inc. Common Stock (BBCP)

FairStock Score: 27/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for a durable business bought at a sensible price. Concrete Pumping Holdings operates in a necessary but cyclical trade: concrete pumping and waste management for contractors. Its brands—Brundage-Bone, Camfaud, Capital Pumping—give some scale and local relationships, but I see no wide moat; customers can switch and demand follows construction cycles. The numbers are not those of a high-quality compounder. In fiscal 2023 (year ended 2023-10-31) and fiscal 2025 (year ended 2025-10-31), revenue fell from $411.2M to $356.2M and net income from $31.8M to $6.4M. FairStock calls it a SLOW GROWER—Shrinking, with profit down 39.4% a year over three years and revenue down 1.8%. Recent results improved: in fiscal Q3 2026 (quarter ended 2026-07-31), revenue was $106.5M, net income $4.9M, and diluted EPS $0.09, versus fiscal Q3 2025 (quarter ended 2025-07-31) revenue of $94.2M, net income $3.7M, and diluted EPS $0.07. Still, FairStock calculations show ROE 3.57% and ROCE 3.42%, debt-to-equity 1.51, and an Altman Z-Score of 0.58, which points to leverage and financial fragility. Free cash flow is $15.6M trailing, a 3.3% FCF yield. At the 2026-10-13 close of $9.44, the FairStock P/E is 59 and the Graham Number is $4.38, giving a negative margin of safety of 115.53%. The 5.33% dividend yield is attractive only if earnings and cash flow recover. With a FairStock Score of 27/100, I would want evidence that the recent quarter is durable, not a cyclical bounce, and that debt is coming down.

In plain English: Concrete Pumping Holdings provides concrete pumping and waste management services to construction contractors in the United States and United Kingdom. The business has shrunk over recent years, with much lower sales and profits than in fiscal 2023, though the latest reported quarter was better. At the recent close of $9.44, the shares look expensive against the company's current profits and net assets, so the price does not appear to offer a bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-07-31) · fiscal Q2 2026 10-Q (period ended 2026-04-30) · fiscal Q1 2026 10-Q (period ended 2026-01-31) · fiscal Q3 2025 10-Q (period ended 2025-07-31) · FY2025 10-K (period ended 2025-10-31) · FY2024 10-K (period ended 2024-10-31) · FY2023 10-K (period ended 2023-10-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer