Airboss of America (TSE:BOS)
TSX:BOS
Want to see TSE:BOS full AI Analyst Report?
Top Page
Airboss of America
(TSX:BOS)
Select Model
Select Model
Rating:61Neutral
Price Target:
C$7.00
▼(-1.27% Downside)
Action:ReiteratedDate:04/09/26
The score is driven primarily by improving financial quality via sharply stronger cash generation and a better leverage profile, supported by strong technical uptrend. Offsetting factors are weak/volatile profitability (negative earnings), stretched momentum signals that increase pullback risk, and an earnings-call outlook that flags ARS softness plus tariff uncertainty and potential 2026 cash burn.
Positive Factors
Stronger cash generation
AirBoss delivered materially stronger operating cash flow (~$49M) and free cash flow (~$37.3M, +78.7% YoY). Durable cash generation improves the firm's ability to fund capex, deleveraging and working-capital needs, increasing strategic optionality over the next 2–6 months.
Negative Factors
Persisting weak profitability
Despite cash improvements, the company remains unprofitable with a net margin around -2.1% and a history of volatile margins. Persistent losses limit retained earnings growth, constrain return on equity, and mean cash strength must be sustained to fund normalization rather than distribution or large strategic spend.
Read all positive and negative factors
Positive Factors
Negative Factors
Stronger cash generation
AirBoss delivered materially stronger operating cash flow (~$49M) and free cash flow (~$37.3M, +78.7% YoY). Durable cash generation improves the firm's ability to fund capex, deleveraging and working-capital needs, increasing strategic optionality over the next 2–6 months.
Read all positive factors
Airboss of America (BOS) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$193.03M
Dividend Yield3.12%
Average Volume (3M)10.52K
Price to Earnings (P/E)―
Beta (1Y)1.11
Revenue Growth8.25%
EPS Growth56.95%
CountryCA
Employees1,224
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)-0.33
Shares Outstanding27,149,223
10 Day Avg. Volume11,702
30 Day Avg. Volume10,516
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)0.79
Price to Sales (P/S)0.22
P/FCF Ratio2.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$8.00Price Target Upside12.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.25
Revenue Forecast (FY)C$432.40M
Airboss of America Business Overview & Revenue Model
Company Description
AirBoss of America Corp., together with its subsidiaries, develops, manufactures, and markets rubber-based products for automotive, heavy commercial, construction and infrastructure, oil and gas, and defense industries in Canada, the United States...
How the Company Makes Money
AirBoss makes money primarily by manufacturing and selling engineered rubber products and related specialty goods to business and government customers. Its revenue model is largely product sales (recognized when goods are delivered/accepted under ...
Airboss of America Earnings Call Summary
Earnings Call Date:Mar 04, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Aug 12, 2026
Earnings Call Sentiment Positive
The call conveyed a materially stronger financial and liquidity position driven by AMP growth, improved margins, higher cash generation and meaningful deleveraging. Those positives are tempered by pronounced weakness in the Rubber Solutions segment (notably a 65% tolling volume drop), tariff and trade negotiation risks, and an expected working capital investment in 2026. Management communicated contingency planning and optimism for a mid-2026 ARS recovery but acknowledged uncertainty around timing and tariff outcomes.Positive Updates
Consolidated Revenue Growth
Consolidated net sales for Q4 2025 were $106.0M, up 15.3% from $92.0M in Q4 2024, and full-year sales were $410.2M, up 6% from $387.0M in 2024. Management cited a $23M increase in consolidated revenue year-over-year.
Negative Updates
ARS Revenue and Margin Weakness
AirBoss Rubber Solutions (ARS) net sales for Q4 2025 were $45.8M, down 3.3% year-over-year. ARS gross profit declined to $5.3M from $5.9M in Q4 2024, with volume down 3.5% across most customer sectors.
Read all updates
Q4-2025 Updates
Positive
Negative
Consolidated Revenue Growth
Consolidated net sales for Q4 2025 were $106.0M, up 15.3% from $92.0M in Q4 2024, and full-year sales were $410.2M, up 6% from $387.0M in 2024. Management cited a $23M increase in consolidated revenue year-over-year.
Read all positive updates
Company Guidance
Management's forward guidance focused on an ARS volume recovery beginning mid‑2026 (timing contingent on tariffs/CUSMA developments), a moderate step‑up in 2026 capital spending versus 2025 (2025 CapEx: ARS $4.5M, AMP $6.6M, total $11.1M) and an expected working‑capital build as new programs ramp (management anticipates some cash burn in 2026 versus the $37.3M free cash flow and $49.1M net cash from operations recorded in 2025). They plan to fund 2026 needs from cash on hand, operating cash flow and committed borrowing capacity (asset‑based revolver up to $125M with $25M accordion; $71.5M available and $24.3M drawn at year‑end), after materially delevering in 2025 (net debt $67.6M at 12/31/25 vs $98.9M at 12/31/24; net debt/TTM adjusted EBITDA 1.99x vs 4.51x). The guidance is informed by 2025 results—consolidated revenue +$23M to $410.2M (+6% YoY), Q4 sales $106M (+15.3% YoY), Q4 consolidated gross profit $19.9M (+30.4% YoY), AMP strength (Q4 sales $72.5M, +50.4%; Q4 gross profit $14.7M) offsetting ARS softness (Q4 ARS sales $45.8M, -3.3%; volume -3.5% with tolling -65% and non‑tolling -1.2%)—and by contingency plans already implemented to mitigate tariff risk.Airboss of America Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
58
Neutral
Cash Flow
71
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 417.38M | 387.02M | 426.02M | 477.15M | 586.86M |
| Gross Profit | 64.24M | 54.00M | 58.41M | 24.13M | 136.30M |
| EBITDA | 417.38M | 13.68M | -11.18M | -12.77M | 79.59M |
| Net Income | -8.77M | -20.39M | -41.75M | -31.89M | 46.70M |
Balance Sheet | |||||
| Total Assets | 276.46M | 309.53M | 356.66M | 440.77M | 443.26M |
| Cash, Cash Equivalents and Short-Term Investments | 7.98M | 6.49M | 28.99M | 18.55M | 7.13M |
| Total Debt | 83.61M | 117.43M | 131.34M | 143.69M | 80.61M |
| Total Liabilities | 160.94M | 183.52M | 207.80M | 243.77M | 208.12M |
| Stockholders Equity | 115.52M | 126.01M | 148.86M | 197.00M | 235.15M |
Cash Flow | |||||
| Free Cash Flow | 38.63M | -1.85M | 32.41M | -40.97M | -15.97M |
| Operating Cash Flow | 49.97M | 8.78M | 40.92M | -30.77M | 2.02M |
| Investing Cash Flow | -12.06M | -10.61M | -8.46M | -10.19M | -64.56M |
| Financing Cash Flow | -36.60M | -20.79M | -22.20M | 52.20M | -17.53M |
Airboss of America Technical Analysis
Neutral
7.09
Price Trends
6.54
Positive
5.53
Positive
5.20
Positive
Market Momentum
0.26
Positive
46.54
Neutral
23.46
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BOS, the sentiment is Neutral. The current price of 7.09 is below the 20-day moving average (MA) of 7.61, above the 50-day MA of 6.54, and above the 200-day MA of 5.20, indicating a neutral trend. The MACD of 0.26 indicates Positive momentum. The RSI at 46.54 is Neutral, neither overbought nor oversold. The STOCH value of 23.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:BOS.
Airboss of America Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | C$3.21B | 37.29 | 28.32% | ― | 37.81% | 250.89% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | C$193.03M | -2.98 | -7.11% | 3.12% | 8.25% | 56.95% | |
55 Neutral | C$299.38M | -3.44 | -414.40% | ― | 20.86% | -224.67% | |
51 Neutral | C$187.72M | 274.88 | -1.12% | ― | 14.06% | 70.37% | |
48 Neutral | C$1.22B | -7.42 | -2.55% | 2.55% | 2.62% | 21.73% | |
42 Neutral | C$114.89M | -9.53 | -50.81% | ― | ― | 62.63% |
* Basic Materials Sector Average
TSE:BOS
Airboss of America
7.11
3.30
86.71%
TSE:ECO
EcoSynthetix
3.19
-0.96
-23.13%
TSE:NANO
Nano One Materials
0.96
0.25
35.21%
TSE:VNP
5N Plus
36.05
29.39
441.29%
TSE:NEO
Neo Performance Materials Inc
29.28
17.69
152.63%
TSE:GMG
Graphene Manufacturing Group Ltd
2.40
1.73
258.21%
Airboss of America Corporate Events
Business Operations and StrategyDividendsFinancial Disclosures
AirBoss of America Boosts Cash Flow and Cuts Debt Amid 2025 Turnaround
Positive
Mar 4, 2026
AirBoss of America reported a strong improvement in 2025 operating performance, with adjusted EBITDA rising to $33.99 million from $21.91 million and net sales climbing to $410.2 million, although the company still posted a net loss of $8.6 millio...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.