Airboss of America (BOS) AI Stock Analysis

• Market Cap: C$135.20M
• Dividend Yield: 2.71%
• Average Volume (3M): 37.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.57
• Revenue Growth: 2.58%
• EPS Growth: 92.55%
• Country: CA
• Employees: 1,224
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 0.11
• Shares Outstanding: 27,149,223
• 10 Day Avg. Volume: 68,331
• 30 Day Avg. Volume: 37,125
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$5.92
• Price Target Upside: 18.88% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 60 Neutral
• Price Target: C$5.50 ▲(10.44% Upside)

Airboss of America's overall stock score reflects significant financial challenges, offset by positive technical momentum and recent corporate developments. The company's valuation remains a concern, but improvements in sales and operational execution provide a cautiously optimistic outlook.

Positive Factors

Financial Performance

There is an expectation of another good quarter demonstrating strong performance.

Investor Interest

Pending index inclusion suggests increased visibility and potential investor interest.

Market Opportunities

Winning market share and new growth opportunities are highlighted as key strengths.

Negative Factors

Expansion Challenges

A search for growth is highlighted, indicating some challenges in achieving desired expansion.

Industrial Challenges

Industrial weakness and tariffs are expected to limit performance.

Tariff and Currency Headwinds

Tariff uncertainty and ARS headwinds are offsetting positive developments.

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, and internationally. It operates through three segments: AirBoss Defense Group, Rubber Solutions, and Engineered Products. The AirBoss Defense Group segment develops, manufactures, and sells healthcare protective equipment, personal respiratory protective products, rapid deployment negative pressure isolation shelters, and cold weather combat footwear, as well as chemical, biological, radioactive, nuclear, and explosive protective equipment for military, law enforcement, healthcare and industrial providers, and first responders. The Rubber Solutions segment is involved in the development and manufacture of custom rubber formulations and compounds, calendered and extruded materials, and molded products for use in various applications and industries, including automotive, heavy industry, rollers, conveyor belting, defense, construction and infrastructure, mining, transportation, and oil and gas. The Engineered Products segment designs, engineers, manufactures, and sells rubber, synthetic rubber, and rubber-to-metal bonded products that are used to eliminate or control undesired vibration and noise for use in automotive, electric vehicle, heavy truck and off-highway, industrial, and defense industries. The company was formerly known as IATCO Industries Inc. and changed its name to AirBoss of America Corp. in April 1994. AirBoss of America Corp. is headquartered in Newmarket, Canada.

How the Company Makes Money

AirBoss of America generates revenue through the manufacturing and sale of its specialized rubber and protective products. Key revenue streams include the sale of custom rubber compounds, engineered defense products like chemical, biological, radiological, and nuclear (CBRN) protective gear, and automotive components that reduce noise and vibration. The company benefits from significant partnerships and contracts with government agencies, automotive manufacturers, and industrial clients, ensuring a steady demand for its products. Additionally, AirBoss capitalizes on its expertise in producing high-performance materials to enter new markets and secure long-term contracts, contributing to its financial growth.

Airboss of America Financial Statement Overview

Summary

AirBoss of America is facing financial headwinds with declining revenues, low profitability, and fluctuating cash flows. Despite some stability in the balance sheet, the company must address operational inefficiencies and improve profit margins to enhance financial health.

Income Statement

The income statement shows significant challenges. The company has experienced declining revenues from $586.9M in 2021 to $388.6M in TTM. Both gross and net profit margins have deteriorated, with the net margin at -4.08% for TTM. Negative EBIT and EBITDA in recent periods indicate operational difficulties, though there is slight improvement in the TTM EBITDA margin to 4.48%.

Balance Sheet

The balance sheet reflects moderate stability. The debt-to-equity ratio of 0.95 in TTM is manageable, but the company has experienced declining equity from $235.1M in 2021 to $125.1M in TTM. Stockholders' equity to total assets ratio has also decreased, indicating reduced financial resilience.

Cash Flow

Cash flow statements present mixed results. Operating cash flow is positive in TTM at $20.8M, indicating operational cash generation. However, free cash flow has been volatile, with significant negative figures in previous years and a slight recovery to $9.9M in TTM. The free cash flow to net income ratio remains weak due to consistent net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	388.64M	387.02M	426.02M	477.15M	586.86M	501.57M
Gross Profit	58.31M	54.00M	58.41M	24.13M	136.30M	135.92M
EBITDA	17.39M	13.68M	-11.18M	-12.77M	79.59M	100.38M
Net Income	-15.87M	-20.39M	-41.75M	-31.89M	46.70M	56.26M
Balance Sheet
Total Assets	328.30M	309.53M	356.66M	440.77M	443.26M	367.37M
Cash, Cash Equivalents and Short-Term Investments	11.64M	6.49M	28.99M	18.55M	7.13M	86.97M
Total Debt	119.03M	117.43M	131.34M	143.69M	80.61M	90.73M
Total Liabilities	203.24M	183.52M	207.80M	243.77M	208.12M	172.78M
Stockholders Equity	125.06M	126.01M	148.86M	197.00M	235.15M	194.59M
Cash Flow
Free Cash Flow	9.91M	-1.85M	32.41M	-40.97M	-15.97M	89.47M
Operating Cash Flow	20.80M	8.78M	40.92M	-30.77M	2.02M	104.40M
Investing Cash Flow	-10.86M	-10.61M	-8.46M	-10.19M	-64.56M	-8.54M
Financing Cash Flow	-6.67M	-20.79M	-22.20M	52.20M	-17.53M	-9.59M

Airboss of America Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.98
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BOS, the sentiment is Positive. The current price of 4.98 is above the 20-day moving average (MA) of 4.97, above the 50-day MA of 4.75, and above the 200-day MA of 4.12, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 59.80 is Neutral, neither overbought nor oversold. The STOCH value of 63.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BOS.

Airboss of America Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VNP	73 Outperform	C$1.36B	30.33	21.38%	―	28.47%	196.88%
NEO	69 Neutral	C$757.99M	―	-3.70%	2.19%	-12.01%	-698.83%
BOS	60 Neutral	C$135.20M	―	-3.15%	2.71%	2.58%	92.55%
ECO	58 Neutral	C$249.57M	―	-1.52%	―	39.78%	72.34%
NANO	45 Neutral	C$112.61M	―	-51.47%	―	―	52.72%
Sector *	44 Neutral	C$923.76M	-8.73	-0.23%	2.68%	20.48%	-40.65%
HG	40 Underperform	C$464.32M	―	-96.25%	―	203.80%	16.89%

Airboss of America Corporate Events

AirBoss of America Reports Strong Q2 2025 Results Amid New Production Awards

AirBoss of America Corp. reported a significant improvement in its financial performance for the second quarter of 2025, with adjusted EBITDA increasing to $10.2 million and net profit rising to $2.3 million. The company secured new production awards in its rubber molded products business, expected to generate substantial sales over the next five years, and is optimistic about opportunities arising from increased defense spending by NATO countries. Despite economic and geopolitical challenges, AirBoss remains focused on operational execution and cost management to mitigate adverse effects.

The most recent analyst rating on (TSE:BOS) stock is a Hold with a C$5.00 price target. To see the full list of analyst forecasts on Airboss of America stock, see the TSE:BOS Stock Forecast page.