Kelso Technologies (TSE:KLS)
TSX:KLS
Want to see TSE:KLS full AI Analyst Report?
Top Page
Kelso Technologies
(TSX:KLS)
Select Model
Select Model
Rating:44Neutral
Price Target:
C$0.13
▼(-37.00% Downside)
Action:Reiterated
Date:05/09/26
The score is held back primarily by unstable profitability and negative TTM cash flow, despite a conservatively levered balance sheet. Technicals also remain weak with the stock trading below key moving averages and negative MACD. Valuation provides limited support because the negative P/E reflects current losses and no dividend yield is available.
Positive Factors
Conservative balance sheet
Very low leverage materially reduces refinancing and liquidity risk, giving the company flexibility to fund operations or targeted investments during downturns. This durability supports near-term resilience and optionality to pursue retrofits or regulatory-driven projects without urgent external financing.
Negative Factors
Unstable cash generation
Negative and volatile operating and free cash flow weaken the company's ability to self-fund capex, OPEX, and working capital. Reliance on balance-sheet resources or external financing undermines operational resilience and limits capacity to invest in growth or absorb prolonged demand softness.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage materially reduces refinancing and liquidity risk, giving the company flexibility to fund operations or targeted investments during downturns. This durability supports near-term resilience and optionality to pursue retrofits or regulatory-driven projects without urgent external financing.
Read all positive factors
Kelso Technologies (KLS) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$7.74M
Dividend YieldN/A
Average Volume (3M)40.38K
Price to Earnings (P/E)―
Beta (1Y)-0.04
Revenue Growth-16.84%
EPS Growth88.79%
CountryCA
Employees40
SectorIndustrials
Sector Strength72
IndustryRailroads
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding55,300,083
10 Day Avg. Volume62,023
30 Day Avg. Volume40,380
Financial Highlights & Ratios
PEG Ratio-0.16
Price to Book (P/B)1.72
Price to Sales (P/S)0.73
P/FCF Ratio72.25
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Kelso Technologies Business Overview & Revenue Model
Company Description
Kelso Technologies Inc. designs, manufactures, and distributes its proprietary equipment solutions for the transportation sector throughout the United States and Canada. For the railway industry, their extensive product line encompasses essential ...
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...
Kelso Technologies Financial Statement Overview
Summary
Income Statement
41
Neutral
Balance Sheet
72
Positive
Cash Flow
33
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.38M | 10.97M | 10.68M | 10.82M | 10.93M | 7.43M |
| Gross Profit | 3.65M | 4.50M | 4.69M | 4.58M | 4.91M | 3.20M |
| EBITDA | 16.34K | 450.12K | -686.72K | -543.43K | -118.54K | -1.56M |
| Net Income | -392.24K | 455.23K | -4.62M | -2.10M | -1.36M | -2.76M |
Balance Sheet | ||||||
| Total Assets | 5.51M | 5.46M | 6.57M | 9.70M | 12.15M | 13.73M |
| Cash, Cash Equivalents and Short-Term Investments | 209.61K | 398.65K | 153.15K | 1.43M | 2.71M | 3.38M |
| Total Debt | 57.04K | 72.81K | 115.90K | 16.64K | 146.72K | 287.71K |
| Total Liabilities | 1.26M | 791.61K | 2.34M | 983.02K | 1.37M | 1.67M |
| Stockholders Equity | 4.25M | 4.67M | 4.23M | 8.72M | 10.78M | 12.06M |
Cash Flow | ||||||
| Free Cash Flow | -222.38K | 111.24K | -405.16K | -1.12M | -588.43K | -2.25M |
| Operating Cash Flow | -222.38K | 111.24K | -393.88K | -275.25K | 314.41K | -1.82M |
| Investing Cash Flow | 87.98K | 116.27K | -751.04K | -846.83K | -875.50K | -401.29K |
| Financing Cash Flow | -87.07K | -78.56K | -138.72K | -155.37K | -135.58K | 4.54M |
Kelso Technologies Technical Analysis
Neutral
0.20
Price Trends
0.14
Negative
0.16
Negative
0.18
Negative
Market Momentum
>-0.01
Negative
54.50
Neutral
75.00
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 0.13, above the 50-day MA of 0.14, and above the 200-day MA of 0.18, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 54.50 is Neutral, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:KLS.
Kelso Technologies Risk Analysis
Kelso Technologies disclosed 17 risk factors in its most recent earnings report. Kelso Technologies reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Kelso Technologies Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | C$812.65M | 17.88 | 16.00% | 3.02% | 6.54% | 44.56% | |
74 Outperform | C$2.14B | 27.07 | 12.41% | 2.35% | 5.72% | 57.38% | |
72 Outperform | C$102.33B | 21.92 | 21.93% | 2.62% | 0.47% | 6.34% | |
72 Outperform | C$111.62B | 25.39 | 8.85% | 0.82% | 1.10% | 8.73% | |
67 Neutral | C$662.08M | 10.73 | 11.63% | 5.09% | -3.59% | 50.73% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
44 Neutral | C$7.74M | -3.62 | 11.91% | ― | -16.84% | 88.79% |
* Industrials Sector Average
TSE:KLS
Kelso Technologies
0.14
>-0.01
-6.67%
TSE:CNR
Canadian National Railway
168.70
26.90
18.97%
TSE:CP
Canadian Pacific Kansas City
125.73
15.55
14.11%
TSE:DXT
Dexterra Group
13.02
4.59
54.49%
TSE:SIS
Savaria
29.81
11.24
60.48%
TSE:WJX
Wajax Corporation
30.57
8.77
40.22%
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.