Westbond Enterprises Corp (TSE:WBE)
:WBE
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Westbond
(WBE)
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Rating:64Neutral
Price Target:
C$0.22
▲(23.89% Upside)
Action:ReiteratedDate:03/24/26
The score is primarily driven by improving financial performance (profitability and cash flow recovery with a solid balance sheet) and supportive valuation (low P/E). These positives are tempered by mixed technical momentum and modest corporate-event risk from potential dilution tied to the option grant.
Positive Factors
Improving cash generation
TTM positive operating and free cash flow with sharp FCF growth versus the prior year signals that core operations are converting to cash. Durable cash generation supports debt service, maintenance capex, and selective reinvestment or buybacks, improving financial resilience over 2–6 months.
Negative Factors
Earnings and margin volatility
Historical swings from profit to loss and sharp margin moves indicate unstable earnings power. This cyclicality makes operating forecasts and cash-flow predictability less reliable, increasing business risk and reducing confidence in sustained margin recovery over the next several months.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving cash generation
TTM positive operating and free cash flow with sharp FCF growth versus the prior year signals that core operations are converting to cash. Durable cash generation supports debt service, maintenance capex, and selective reinvestment or buybacks, improving financial resilience over 2–6 months.
Read all positive factors
Westbond (WBE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$7.48M
Dividend YieldN/A
Average Volume (3M)17.25K
Price to Earnings (P/E)7.6
Beta (1Y)0.87
Revenue Growth17.89%
EPS GrowthN/A
CountryCA
Employees13
SectorGeneral
Sector StrengthN/A
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)<0.01
Shares Outstanding35,625,800
10 Day Avg. Volume21,774
30 Day Avg. Volume17,248
Financial Highlights & Ratios
PEG Ratio1.19
Price to Book (P/B)0.60
Price to Sales (P/S)0.48
P/FCF Ratio4.99
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
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 hygie...
How the Company Makes Money
null...
Westbond Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
74
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Jun 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.25M | 9.67M | 9.22M | 11.09M | 13.98M | 13.98M |
| Gross Profit | 1.82M | 1.16M | 802.76K | 1.94M | 2.88M | 2.70M |
| EBITDA | 1.80M | 1.28M | 1.12M | 2.14M | 2.15M | 4.82M |
| Net Income | 394.39K | -52.38K | -210.68K | 574.55K | 693.22K | 2.64M |
Balance Sheet | ||||||
| Total Assets | 12.49M | 12.42M | 12.69M | 13.42M | 15.55M | 13.62M |
| Cash, Cash Equivalents and Short-Term Investments | 652.20K | 143.27K | 111.00K | 73.47K | 268.07K | 1.47M |
| Total Debt | 2.26M | 1.66M | 2.46M | 2.37M | 3.40M | 4.24M |
| Total Liabilities | 4.34M | 4.76M | 5.07M | 5.59M | 7.56M | 7.73M |
| Stockholders Equity | 8.15M | 7.66M | 7.62M | 7.83M | 7.99M | 7.99M |
Cash Flow | ||||||
| Free Cash Flow | 1.26M | 927.68K | 82.32K | 1.50M | 2.84M | 1.25M |
| Operating Cash Flow | 1.50M | 1.16M | 492.81K | 1.93M | 4.98M | 1.68M |
| Investing Cash Flow | -241.98K | -236.76K | -410.50K | -432.34K | -2.13M | -430.54K |
| Financing Cash Flow | -659.07K | -895.41K | -44.79K | -1.70M | -1.77M | -1.77M |
Westbond Technical Analysis
Positive
0.18
Price Trends
0.21
Negative
0.20
Positive
0.18
Positive
Market Momentum
>-0.01
Negative
49.51
Neutral
83.33
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 0.18 is below the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.21, and above the 200-day MA of 0.18, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.51 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | C$7.48M | 7.56 | 1.74% | ― | 17.89% | ― | |
63 Neutral | C$98.22M | 13.97 | 3.49% | 5.01% | 3.81% | -50.79% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$7.10B | -7.08 | -18.45% | 2.21% | -6.67% | -168.27% | |
47 Neutral | C$5.10M | -0.08 | -45.26% | ― | 10.33% | -52.20% | |
47 Neutral | C$675.43M | -1.35 | -25.24% | ― | -3.63% | 31.61% | |
46 Neutral | C$154.68M | -1.45 | -12.20% | ― | 2.06% | -46.23% |
* General Sector Average
TSE:WBE
Westbond
0.21
0.09
75.00%
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Westbond Corporate Events
Business Operations and StrategyExecutive/Board Changes
WestBond Names New CFO and Issues 1.3 Million Stock Options
Positive
Mar 13, 2026
WestBond Enterprises Corporation has appointed chartered professional accountant Armaan Alibhai as its new chief financial officer and controller, bringing experience from senior accounting roles at major public and private companies into the firm...
Business Operations and StrategyExecutive/Board ChangesFinancial Disclosures
WestBond Boosts Quarterly Profit Despite Lower Sales and Prepares CFO Transition
Positive
Jan 30, 2026
WestBond Enterprises reported that net profit for the quarter ended December 31, 2025 rose 24.8% to $217,948 compared with the previous quarter, even as sales slipped 1.9% to $2.97 million, reflecting improved margins or cost controls amid slightl...
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.