Westbond (WBE) AI Stock Analysis

• Market Cap: C$6.95M
• Dividend Yield: N/A
• Average Volume (3M): 17.25K
• Price to Earnings (P/E): 51.3
• Beta (1Y): 0.44
• Revenue Growth: 17.89%
• EPS Growth: N/A
• Country: CA
• Employees: 13
• Sector: Services
• Sector Strength: N/A
• Industry: Paper, Lumber & Forest Products
• EPS (TTM): <0.01
• Shares Outstanding: 35,625,800
• 10 Day Avg. Volume: 21,774
• 30 Day Avg. Volume: 17,248
• PEG Ratio: 1.19
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 0.48
• P/FCF Ratio: 4.99
• 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: 54 Neutral
• Price Target: C$0.18 ▼(-10.50% Downside)

Westbond's overall stock score is primarily influenced by its mixed financial performance and technical analysis. The company's low profitability and declining free cash flow growth are significant concerns. Additionally, technical indicators suggest a lack of upward momentum. The high P/E ratio indicates overvaluation, further impacting the stock's attractiveness.

Positive Factors

Revenue Growth

Steady revenue growth indicates a positive trajectory, suggesting effective market strategies and product demand, supporting long-term business expansion.

Balance Sheet Health

A strong balance sheet with low leverage enhances financial stability, providing resilience against economic fluctuations and supporting future investments.

Gross Profit Margin Improvement

Improved gross profit margins reflect better cost management, enhancing profitability potential and competitive positioning in the market.

Negative Factors

Low Profitability

Low profitability margins suggest challenges in cost control and pricing power, potentially limiting reinvestment capabilities and shareholder returns.

Declining Free Cash Flow

Declining free cash flow growth can strain financial flexibility, impacting the company's ability to invest in growth opportunities and manage debt.

Weak Return on Equity

Weak return on equity indicates inefficiencies in generating returns from equity, which could deter investors seeking higher returns on their investments.

Westbond Business Overview & Revenue Model

Company Description

WestBond Enterprises Corporation, together with its subsidiary WestBond Industries Inc., manufactures and sells disposable paper products for medical, hygienic, and industrial uses in Canada and the United States. The company offers personal hygiene paper products, such as roll and folded hand towels, jumbo roll and conventional bathroom tissue, coreless tissue, center feed towels, and air-laid center feed towels; hospitality and tabletop paper products comprising air-laid napkins, guest towels, air-laid kitchen roll towels, and disposable bar towels; and clinical products, including sheets, examination table papers, waterproof sheets, pillowcases, examination drapes and gowns, and ultrasound towels and wipers. It also provides long-term care products, including fold and roll air laid patient wipes and waterproof underlays; disinfectant wipes and sprays; and airlaid rolls for converters. It sells its products primarily to medical and industrial distributors, as well as to end-users on a direct basis. WestBond Enterprises Corporation is headquartered in Delta, Canada.

How the Company Makes Money

Westbond generates revenue primarily through the sale of its adhesives and bonding materials across various industries. The company has established key revenue streams from long-term contracts with major aerospace and automotive manufacturers, which provide a steady flow of income. Additionally, Westbond engages in direct sales through a network of distributors and online platforms, expanding its market reach. Strategic partnerships with research institutions and participation in industry collaborations also enhance its product offerings and drive sales. The company's focus on innovation allows it to command premium pricing for its specialized products, contributing significantly to its overall profitability.

Westbond Financial Statement Overview

Summary

Westbond's financial performance is mixed. The income statement shows modest revenue growth but negative profitability metrics. The balance sheet indicates stable leverage management, and cash flow is positive, yet profitability remains a concern.

Income Statement

Westbond's income statement shows a mixed performance. The TTM data indicates a modest revenue growth rate of 4.76%, but profitability metrics such as the net profit margin are negative, indicating challenges in converting revenue into profit. The gross profit margin has decreased significantly over the years, suggesting rising costs or pricing pressures. The EBIT and EBITDA margins are low, reflecting limited operational efficiency.

Balance Sheet

The balance sheet reveals a stable debt-to-equity ratio of 0.22 in the TTM, which is an improvement from previous years, indicating better leverage management. However, the return on equity is negative, highlighting inefficiencies in generating returns for shareholders. The equity ratio is not explicitly provided, but the overall asset management appears stable.

Cash Flow

Westbond's cash flow statement shows a positive trajectory with a free cash flow growth rate of 15.61% in the TTM. The operating cash flow to net income ratio is healthy, indicating good cash generation relative to net income. However, the free cash flow to net income ratio suggests that while cash flow is strong, profitability remains a concern.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.59M	9.67M	9.22M	11.09M	13.98M	13.98M
Gross Profit	1.43M	1.16M	802.76K	1.94M	2.88M	2.70M
EBITDA	1.47M	1.28M	1.12M	2.14M	2.15M	4.82M
Net Income	136.33K	-52.38K	-210.68K	574.55K	693.22K	2.64M
Balance Sheet
Total Assets	12.40M	12.42M	12.69M	13.42M	15.55M	13.62M
Cash, Cash Equivalents and Short-Term Investments	277.43K	143.27K	111.00K	73.47K	268.07K	1.47M
Total Debt	1.36M	1.66M	2.46M	2.37M	3.40M	4.24M
Total Liabilities	4.47M	4.76M	5.07M	5.59M	7.56M	7.73M
Stockholders Equity	7.93M	7.66M	7.62M	7.83M	7.99M	7.99M
Cash Flow
Free Cash Flow	666.17K	927.68K	82.32K	1.50M	2.84M	1.25M
Operating Cash Flow	921.00K	1.16M	492.81K	1.93M	4.98M	1.68M
Investing Cash Flow	-254.82K	-236.76K	-410.50K	-432.34K	-2.13M	-430.54K
Financing Cash Flow	-458.54K	-895.41K	-44.79K	-1.70M	-1.77M	-1.77M

Westbond Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WBE, the sentiment is Positive. The current price of 0.2 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.19, and above the 200-day MA of 0.15, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 63.53 is Neutral, neither overbought nor oversold. The STOCH value of 93.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:WBE.

Westbond Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GDL	62 Neutral	C$98.35M	15.54	3.12%	5.01%	3.81%	-50.79%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
WBE	54 Neutral	C$6.95M	51.32	1.74%	―	17.89%	―
CFX	50 Neutral	C$32.29M	-3.16	-6.02%	―	-15.38%	94.27%
WEF	47 Neutral	C$112.87M	-1.77	-12.20%	―	2.06%	-46.23%
GFP	42 Neutral	C$44.84M	-0.44	-73.85%	―	-17.95%	-97.06%
CFF	37 Underperform	C$2.65M	-0.07	-45.26%	―	10.33%	-52.20%

Westbond Corporate Events

WestBond Enterprises Sees Profit Surge and Board Changes in Q3 2025

WestBond Enterprises Corporation reported a significant increase in net profit for the quarter ending September 30, 2025, with a 79% rise to $174,630 compared to the previous quarter. Sales also grew by 11.1%, driven by strong demand in the food service and personal hygiene sectors. The company announced the resignation of long-serving board director Mr. Peter Toigo and welcomed Mr. Walter Robert Lee, whose extensive finance experience is expected to support WestBond’s growth phase.