Kelso Technologies (KLS) AI Stock Analysis

• Market Cap: C$8.85M
• Dividend Yield: N/A
• Average Volume (3M): 40.38K
• Price to Earnings (P/E): 17.7
• Beta (1Y): -0.09
• Revenue Growth: 3.66%
• EPS Growth: -33.71%
• Country: CA
• Employees: 40
• Sector: Industrials
• Sector Strength: 72
• Industry: Railroads
• EPS (TTM): >-0.01
• Shares Outstanding: 55,300,083
• 10 Day Avg. Volume: 62,023
• 30 Day Avg. Volume: 40,380
• PEG Ratio: -0.16
• Price to Book (P/B): 1.72
• Price to Sales (P/S): 0.73
• P/FCF Ratio: 72.25
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: C$0.17 ▼(-17.50% Downside)
• Action: Reiterated Date: 03/30/26
• Date: Action: Reiterated 03/30/26

The score is driven primarily by improved financial performance (return to profitability and a low-debt balance sheet), but it is held back by the sharp 2025 revenue decline and inconsistent historical cash generation. Technical indicators also weigh on the score due to a negative MACD and price trading below longer-term moving averages, while valuation is modestly supportive with a P/E around 10.8.

Positive Factors

Conservative balance sheet / low leverage

Very low debt relative to equity limits financial risk and preserves flexibility to fund mandated retrofits, product development or opportunistic investment without heavy refinancing. This durability supports resilience through rail-cycle downturns and preserves strategic optionality over months.

Negative Factors

Sharp revenue decline in 2025

A sharp single-year revenue contraction highlights vulnerability of earnings to volume swings and rail-cycle timing. Without clear top-line recovery, sustaining recent profit levels and leveraging fixed-cost base becomes challenging, threatening durable growth prospects.

Kelso Technologies Business Overview & Revenue Model

Company Description

Kelso Technologies Inc. develops, produces, and distributes proprietary equipment used in transportation applications in the United States and Canada. The company offers railway equipment, such as bottom outlet, pressure relief, vacuum relief, and...

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Kelso Technologies Inc. develops, produces, and distributes proprietary equipment used in transportation applications in the United States and Canada. The company offers railway equipment, such as bottom outlet, pressure relief, vacuum relief, and...

How the Company Makes Money

Kelso Technologies primarily makes money by selling railcar components and related products to customers in the freight rail supply chain. Revenue is generated from product sales of its proprietary railcar equipment (including components used on t...

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Kelso Technologies primarily makes money by selling railcar components and related products to customers in the freight rail supply chain. Revenue is generated from product sales of its proprietary railcar equipment (including components used on t...

Kelso Technologies Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.97M	10.68M	10.82M	10.93M	7.43M
Gross Profit	4.50M	4.69M	4.58M	4.91M	3.20M
EBITDA	450.12K	-686.72K	-543.43K	-118.54K	-1.56M
Net Income	455.23K	-4.62M	-2.10M	-1.36M	-2.76M
Balance Sheet
Total Assets	5.46M	6.57M	9.70M	12.15M	13.73M
Cash, Cash Equivalents and Short-Term Investments	398.65K	153.15K	1.43M	2.71M	3.38M
Total Debt	72.81K	115.90K	16.64K	146.72K	287.71K
Total Liabilities	791.61K	2.34M	983.02K	1.37M	1.67M
Stockholders Equity	4.67M	4.23M	8.72M	10.78M	12.06M
Cash Flow
Free Cash Flow	111.24K	-405.16K	-1.12M	-588.43K	-2.25M
Operating Cash Flow	111.24K	-393.88K	-275.25K	314.41K	-1.82M
Investing Cash Flow	116.27K	-751.04K	-846.83K	-875.50K	-401.29K
Financing Cash Flow	-78.56K	-138.72K	-155.37K	-135.58K	4.54M

Kelso Technologies Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:KLS, the sentiment is Neutral. The current price of 0.2 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.17, and above the 200-day MA of 0.18, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.34 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:KLS.

Kelso Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SIS	79 Outperform	C$1.92B	23.68	10.22%	2.35%	3.93%	33.44%
CNR	77 Outperform	C$87.54B	16.73	21.95%	2.62%	0.23%	-13.22%
CP	70 Outperform	C$98.28B	22.36	8.90%	0.82%	4.02%	21.39%
WJX	66 Neutral	C$707.45M	10.32	10.91%	5.09%	3.71%	-12.70%
DXT	64 Neutral	C$757.69M	17.94	14.45%	3.02%	-0.73%	221.74%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
KLS	56 Neutral	C$8.85M	17.65	11.91%	―	3.66%	-33.71%