# Concrete Pumping Holdings, Inc. Common Stock (BBCP) — Stock CV

Concrete Pumping Holdings, Inc. is a $470M industrial company. Revenue grew 6.9% over the last year, it keeps 2¢ of every dollar of sales as profit, and its net debt equals ~24.0 years of free cash flow. It trades at 45.6× earnings — in the most expensive third of its own history.

> Concrete Pumping Holdings Inc is a provider of concrete pumping services and concrete waste management services in the fragmented United States and United Kingdom markets. Its large fleet of specialized pumping equipment and trained operators enables it to deliver concrete placement solutions.

## Identity

- **Ticker**: BBCP
- **Sector**: Industrials
- **Industry**: Construction - Special Trade Contractors
- **Headquarters**: THORNTON, CO
- **Employees**: 1 530
- **Website**: https://www.concretepumpingholdings.com
- **Market cap**: $470M
- **Last price**: $9.36
- **Financial profile**: Strained

## Vitals (TTM)

- **Revenue**: $423M
- **Net income**: $10.4M
- **Free cash flow**: $15.6M
- **Net debt**: $373M
- **P/E**: 45.6
- **Revenue growth (YoY)**: 6.9%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 49 |
| Growth | 37 |
| Profitability | 28 |
| Health | 26 |
| Quality | 77 |
| Moat | 31 |

## Qualifications (beginner checklist) — 5 of 11 passed

- [x] Revenue growing — +6.9% YoY
- [x] Profitable — $10.4M TTM
- [ ] Profit growing — -38.6% YoY
- [x] Generates cash — $15.6M TTM
- [ ] Debt under control — ~24.0y of cash flow to repay
- [ ] Established company — $470M market cap
- [x] Not printing shares — -0.1% shares over ~5y
- [ ] Proven track record — 4/8 profitable years
- [ ] Financially stable — health score 21/100
- [ ] Pays a dividend — none
- [x] Valuation not extreme — P/E 45.6

## Experience (career milestones)

- **FY2023** — Best year on record: $31.8M net income
- **FY2022** — Turned profitable: $28.7M net income after a loss year

## Strengths

- None stand out in the data.

## Watch-outs

- Thin interest coverage (1.3×)
- Loss-making in 3 of the recent years
- Net debt equals ~24.0 years of free cash flow

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $316M | -$15.1M | $13.0M |
| FY2022 | $401M | $28.7M | -$25.2M |
| FY2023 | $442M | $31.8M | $42.4M |
| FY2024 | $426M | $16.2M | $43.1M |
| FY2025 | $393M | $6.37M | $17.5M |

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Source: https://stockcv.com/BBCP — derived from company filings; may be delayed or incomplete. Information, not investment advice.