Black Diamond Group Limited (BDI.TO) Stock Analysis & Winston Score
Black Diamond Group rents out modular buildings and workforce housing to companies that need temporary space in remote or industrial locations. Its main customers are energy, mining, and construction companies that need offices, sleeping quarters, and dining facilities for workers far from cities. The company operates primarily in Canada and the United States and also has a smaller presence in Australia. Black Diamond earns money by charging rental fees for its modular units and by providing related services like setup, maintenance, and catering. It runs two main segments: modular space rentals for businesses and governments, and large workforce accommodation camps for resource industry clients. The company's physical fleet of owned assets and long-term customer contracts give it some stability, but its revenue is closely tied to activity levels in the oil, gas, and mining sectors, meaning a slowdown in commodity spending could quickly reduce demand for its services.
Winston Score: 35/100 — Below Average
Below-average fundamentals — multiple weak pillars.
- Quality: Mixed (8/30)
- Growth: Mixed (7/20)
- Cash Flow: Strong (7/10)
- Stability: Good (5/10)
- Valuation: Weak (1/10)
- Ownership: Ownership data not available (not counted) (0/15)


