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
Rewards
Risk Analysis
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
| BOS | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.4% | 2.2% | 2.1% |
| 30 Day | 6.4% | -0.5% | -1.5% |
| 90 Day | -9.9% | 4.9% | 2.5% |
| 1 Year | 59.1%57.1% | 74.0%68.2% | 31.3%27.4% |
| 3 Year | 174.5%153.9% | 13.2%1.3% | 30.3%17.7% |
| 5 Year | 196.2%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
3 months ago | Simply Wall St
Here's Why I Think AirBoss of America (TSE:BOS) Might Deserve Your Attention Today3 months ago | Simply Wall St
AirBoss of America Corp.'s (TSE:BOS) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?3 months ago | Simply Wall St
Is Now An Opportune Moment To Examine AirBoss of America Corp. (TSE:BOS)?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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/27 01:44 |
| End of Day Share Price | 2021/07/26 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.