TSX:BOS

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AirBoss of America

Market Cap

CA$972.8m

Last Updated

2021/07/27 01:44 UTC

Data Sources

Company Financials +

Executive Summary

AirBoss of America Corp., through its subsidiaries, develops, manufactures, and markets rubber-based products for automotive, heavy commercial, construction and infrastructure, oil and gas, and defense industries in Canada and the United States. More Details


Snowflake Analysis

Outstanding track record with flawless balance sheet and pays a dividend.


Similar Companies

Share Price & News

How has AirBoss of America's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BOS is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BOS's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

9.4%

BOS

2.2%

CA Chemicals

2.1%

CA Market


1 Year Return

57.1%

BOS

68.2%

CA Chemicals

27.4%

CA Market

Return vs Industry: BOS underperformed the Canadian Chemicals industry which returned 70% over the past year.

Return vs Market: BOS exceeded the Canadian Market which returned 28.2% over the past year.


Shareholder returns

BOSIndustryMarket
7 Day9.4%2.2%2.1%
30 Day6.4%-0.5%-1.5%
90 Day-9.9%4.9%2.5%
1 Year59.1%57.1%74.0%68.2%31.3%27.4%
3 Year174.5%153.9%13.2%1.3%30.3%17.7%
5 Year196.2%162.2%33.2%10.6%51.1%28.8%

Long-Term Price Volatility Vs. Market

How volatile is AirBoss of America's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AirBoss of America undervalued compared to its fair value and its price relative to the market?

19.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BOS (CA$37.15) is trading below our estimate of fair value (CA$46.39)

Significantly Below Fair Value: BOS is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BOS is good value based on its PE Ratio (18.2x) compared to the Canadian Chemicals industry average (45.1x).

PE vs Market: BOS is poor value based on its PE Ratio (18.2x) compared to the Canadian market (13.8x).


Price to Earnings Growth Ratio

PEG Ratio: BOS is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: BOS is overvalued based on its PB Ratio (4x) compared to the CA Chemicals industry average (3.5x).


Future Growth

How is AirBoss of America forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

6.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOS's forecast earnings growth (6.6% per year) is above the savings rate (1.5%).

Earnings vs Market: BOS's earnings (6.6% per year) are forecast to grow slower than the Canadian market (14.3% per year).

High Growth Earnings: BOS's earnings are forecast to grow, but not significantly.

Revenue vs Market: BOS's revenue (2.1% per year) is forecast to grow slower than the Canadian market (5.5% per year).

High Growth Revenue: BOS's revenue (2.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BOS's Return on Equity is forecast to be high in 3 years time


Past Performance

How has AirBoss of America performed over the past 5 years?

12.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOS has high quality earnings.

Growing Profit Margin: BOS's current net profit margins (7.9%) are higher than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: BOS's earnings have grown by 12.9% per year over the past 5 years.

Accelerating Growth: BOS's earnings growth over the past year (498.6%) exceeds its 5-year average (12.9% per year).

Earnings vs Industry: BOS earnings growth over the past year (498.6%) exceeded the Chemicals industry 95.9%.


Return on Equity

High ROE: BOS's Return on Equity (30.9%) is considered high.


Financial Health

How is AirBoss of America's financial position?


Financial Position Analysis

Short Term Liabilities: BOS's short term assets ($213.2M) exceed its short term liabilities ($101.9M).

Long Term Liabilities: BOS's short term assets ($213.2M) exceed its long term liabilities ($75.0M).


Debt to Equity History and Analysis

Debt Level: BOS's debt to equity ratio (34.7%) is considered satisfactory.

Reducing Debt: BOS's debt to equity ratio has reduced from 74% to 34.7% over the past 5 years.

Debt Coverage: BOS's debt is well covered by operating cash flow (126.5%).

Interest Coverage: BOS's interest payments on its debt are well covered by EBIT (32x coverage).


Balance Sheet


Dividend

What is AirBoss of America current dividend yield, its reliability and sustainability?

1.06%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BOS's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.61%).

High Dividend: BOS's dividend (1.06%) is low compared to the top 25% of dividend payers in the Canadian market (4.58%).


Stability and Growth of Payments

Stable Dividend: BOS's dividends per share have been stable in the past 10 years.

Growing Dividend: BOS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.9%), BOS's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BOS's dividends in 3 years are forecast to be well covered by earnings (17.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Gren Schoch

no data

Tenure

US$1,257,920

Compensation

Mr. Peter Grenville Schoch, also known as Gren, serves as Chief Executive Officer of AirBoss of America Corp. Mr. Grenville worked for ScAmerica Corp. since November 2013. Mr. Schoch has been the Chairman ...


CEO Compensation Analysis

Compensation vs Market: Gren's total compensation ($USD1.26M) is about average for companies of similar size in the Canadian market ($USD1.19M).

Compensation vs Earnings: Gren's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BOS's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: BOS's board of directors are considered experienced (9.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BOS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.3%.


Top Shareholders

Company Information

AirBoss of America Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AirBoss of America Corp.
  • Ticker: BOS
  • Exchange: TSX
  • Founded: NaN
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: CA$972.809m
  • Shares outstanding: 26.98m
  • Website: https://airboss.com

Number of Employees


Location

  • AirBoss of America Corp.
  • 16441 Yonge Street
  • Newmarket
  • Ontario
  • L3X 2G8
  • Canada

Listings


Biography

AirBoss of America Corp., through its subsidiaries, develops, manufactures, and markets rubber-based products for automotive, heavy commercial, construction and infrastructure, oil and gas, and defense ind...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/27 01:44
End of Day Share Price2021/07/26 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.