Airboss of America (BOS) AI Stock Analysis

• Market Cap: C$119.73M
• Dividend Yield: 3.17%
• Average Volume (3M): 26.02K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.37
• Revenue Growth: -2.69%
• EPS Growth: 66.63%
• Country: CA
• Employees: 1,224
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Chemicals - Specialty
• EPS (TTM): -0.03
• Shares Outstanding: 27,149,223
• 10 Day Avg. Volume: 17,616
• 30 Day Avg. Volume: 26,018
• PEG Ratio: -0.23
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.35
• Enterprise Value/Market Cap: 1.59
• Enterprise Value/Revenue: 0.12
• Enterprise Value/Gross Profit: 3.26
• Enterprise Value/Ebitda: -14.68
• 1Y Price Target: C$5.67
• Price Target Upside: 28.57% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 58 Neutral
• Price Target: C$4.50 ▲(2.04%Upside)

AirBoss of America's overall stock score reflects a mixed outlook. Financial performance is the most significant concern due to declining revenues and profitability challenges. However, technical indicators show some positive momentum, and corporate events indicate strategic recovery efforts. The valuation is hindered by negative earnings, yet a decent dividend yield provides some support.

Positive Factors

Earnings

Q4/24 EBITDA was above expectations.

Financial Performance

Positive momentum is noted in the company's Q3/F24 results, indicating a strong performance trend.

Market Opportunities

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

Negative Factors

Growth 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 Uncertainty

Tariff uncertainty and ARS headwinds are offsetting positive developments.

Airboss of America Business Overview & Revenue Model

Company Description

AirBoss of America Corp. (BOS) is a leading manufacturer in the rubber-based products sector, providing engineered solutions for a variety of industries. The company operates in three primary segments: Rubber Solutions, Engineered Products, and AirBoss Defense Group. AirBoss specializes in developing custom rubber compounds, protective wear for military and first responders, and industrial products that serve sectors including automotive, heavy industry, and defense.

How the Company Makes Money

AirBoss of America generates revenue through the sale of its diverse range of rubber-based products and solutions. The Rubber Solutions segment provides custom rubber compounds to various industries, including automotive and industrial, generating revenue through contract manufacturing and bulk sales. The Engineered Products segment focuses on the production and sale of molded and extruded products, such as anti-vibration components for automotive applications. The AirBoss Defense Group contributes significantly to revenue by supplying protective equipment and materials for defense and first responder markets. Key revenue streams include direct sales to OEMs, government contracts, and long-term supply agreements with various industries. Strategic partnerships and a focus on innovation and quality contribute to the company's earnings by enhancing its market position and expanding its product offerings.

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 challenges include declining revenues and negative margins, while balance sheet shows moderate stability with a manageable debt-to-equity ratio. Cash flow is mixed with positive operating cash flow but volatile free cash flow.

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
	EBIT
-1.96M	-5.95M	-33.52M	-34.67M	58.71M	82.20M
	EBITDA
17.39M	13.68M	-11.18M	-12.77M	79.59M	100.38M
	Net Income Common Stockholders
-15.87M	-20.39M	-41.75M	-31.89M	46.70M	56.26M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
86.97M	6.49M	28.99M	18.55M	7.13M	86.97M
	Total Assets
367.37M	309.53M	356.66M	440.77M	443.26M	367.37M
	Total Debt
90.73M	117.43M	131.34M	143.69M	80.61M	90.73M
	Net Debt
3.76M	110.94M	102.36M	125.14M	73.48M	3.76M
	Total Liabilities
172.78M	183.52M	207.80M	243.77M	208.12M	172.78M
	Stockholders Equity
194.59M	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: 4.41
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 4.41 is above the 20-day moving average (MA) of 4.31, above the 50-day MA of 3.99, and above the 200-day MA of 4.14, indicating a bullish trend. The MACD of 0.12 indicates Positive momentum. The RSI at 60.46 is Neutral, neither overbought nor oversold. The STOCH value of 69.57 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
NEO	72 Outperform	C$428.70M	―	-3.70%	3.90%	-12.01%	-698.83%
VNP	71 Outperform	C$759.54M	26.21	15.41%	―	28.27%	36.49%
BOS	58 Neutral	C$119.73M	―	-11.69%	3.17%	-2.69%	66.63%
Sector *	51 Neutral	$2.03B	-1.13	-21.36%	3.65%	2.87%	-30.54%
HG	50 Neutral	C$61.38M	―	-96.25%	―	203.80%	16.89%
ECO	48 Neutral	C$236.11M	―	-3.46%	―	29.27%	42.35%
NANO	45 Neutral	C$68.01M	―	-51.47%	―	―	13.34%

Airboss of America Corporate Events

AirBoss of America Announces Board Election Results

AirBoss of America Corp. announced the election of its board of directors at the Annual General Meeting in Waterloo, Ontario. The meeting saw high approval rates for the nominated directors and the appointment of KPMG LLP as auditors, indicating strong shareholder support. This outcome is expected to reinforce the company’s strategic direction and stability, benefiting its stakeholders and maintaining its competitive positioning in the industry.

AirBoss of America Sees Financial Uplift in Q1 2025 Amid Defense Contract Wins

AirBoss of America Corp. reported a significant improvement in its financial results for the first quarter of 2025, with EBITDA increasing to $8.0 million and a reduction in losses to $0.4 million. The company commenced shipments under a substantial defense contract and secured additional orders, reflecting a recovery in its defense business. Despite these positive developments, AirBoss remains cautious due to geopolitical uncertainties and economic challenges, which could impact its operations and sales. The company is focused on expanding its core Rubber Solutions segment and enhancing its product offerings and market reach.

AirBoss of America Announces AGM Details and Q1 2025 Earnings Release

AirBoss of America has announced the details for its upcoming Annual General Meeting of Shareholders, which will now start at 9:30 a.m. EDT on May 8, 2025, to better accommodate shareholder participation. The company will release its first quarter 2025 earnings results on May 7, 2025, ahead of the meeting. The meeting will be accessible via live webcast and telephone, allowing shareholders to participate and ask questions. This announcement is significant for stakeholders as it highlights AirBoss’s commitment to transparency and engagement with its shareholders, which could positively impact its market positioning.

AirBoss Secures New Defense Contracts Amid Supply Chain Challenges

AirBoss of America Corp. announced new contracts valued at up to US$15.6 million for its defense business, including orders for Molded AirBoss Lightweight Overboots and Low Burden Masks, with deliveries expected to start in the third quarter of 2025. The company is also addressing potential delays in a previously announced US$45 million contract for Bandolier systems due to supply chain constraints, while working to mitigate impacts from geopolitical challenges and tariff uncertainties.