TSX:BOS

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AirBoss of America

Executive Summary

AirBoss of America Corp., through its subsidiaries, designs, develops, manufactures, and sells rubber compounds and specialty finished products to industrial, automotive, defense, first response, and healthcare markets primarily in Canada and the United States. More Details


Snowflake Analysis

Flawless balance sheet with proven track record 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 +/- 6% a week.

Volatility Over Time: BOS's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

8.2%

BOS

8.2%

CA Chemicals

2.8%

CA Market


1 Year Return

127.2%

BOS

2.9%

CA Chemicals

-0.3%

CA Market

Return vs Industry: BOS exceeded the Canadian Chemicals industry which returned 2.2% over the past year.

Return vs Market: BOS exceeded the Canadian Market which returned -0.5% over the past year.


Shareholder returns

BOSIndustryMarket
7 Day8.2%8.2%2.8%
30 Day-4.5%19.9%10.0%
90 Day-8.9%32.2%5.7%
1 Year133.8%127.2%7.9%2.9%3.3%-0.3%
3 Year91.0%75.4%-12.7%-22.0%12.2%1.3%
5 Year9.9%-3.0%10.9%-8.3%49.1%26.2%

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?

16.23x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BOS (CA$18.29) is trading above our estimate of fair value (CA$17.4)

Significantly Below Fair Value: BOS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BOS is good value based on its PE Ratio (16.2x) compared to the CA Chemicals industry average (28.3x).

PE vs Market: BOS is poor value based on its PE Ratio (16.2x) compared to the Canadian market (15.3x).


Price to Earnings Growth Ratio

PEG Ratio: BOS is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: BOS's PB Ratio (2.1x) is in line with the CA Chemicals industry average.


Next Steps

Future Growth

How is AirBoss of America forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

9.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOS's forecast earnings growth (9.7% per year) is above the savings rate (1.7%).

Earnings vs Market: BOS's earnings (9.7% per year) are forecast to grow slower than the Canadian market (27.2% per year).

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

Revenue vs Market: BOS's revenue is expected to decline over the next 3 years (-6.4% per year).

High Growth Revenue: BOS's revenue is forecast to decline over the next 3 years (-6.4% 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


Next Steps

Past Performance

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

-6.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOS has high quality earnings.

Growing Profit Margin: BOS's current net profit margins (4.5%) are higher than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: BOS's earnings have declined by 6.7% per year over the past 5 years.

Accelerating Growth: BOS's earnings growth over the past year (122.5%) exceeds its 5-year average (-6.7% per year).

Earnings vs Industry: BOS earnings growth over the past year (122.5%) exceeded the Chemicals industry -14.2%.


Return on Equity

High ROE: BOS's Return on Equity (19.8%) is considered low.


Next Steps

Financial Health

How is AirBoss of America's financial position?


Financial Position Analysis

Short Term Liabilities: BOS's short term assets ($199.5M) exceed its short term liabilities ($89.3M).

Long Term Liabilities: BOS's short term assets ($199.5M) exceed its long term liabilities ($72.1M).


Debt to Equity History and Analysis

Debt Level: BOS's debt to equity ratio (31.4%) is considered satisfactory.

Reducing Debt: BOS's debt to equity ratio has reduced from 80.6% to 31.4% over the past 5 years.

Debt Coverage: BOS's debt is well covered by operating cash flow (77.3%).

Interest Coverage: BOS's interest payments on its debt are well covered by EBIT (16.8x coverage).


Balance Sheet


Next Steps

Dividend

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

1.51%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: BOS's dividend (1.51%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.61%).

High Dividend: BOS's dividend (1.51%) is low compared to the top 25% of dividend payers in the Canadian market (5.26%).


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 (24.8%), BOS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BOS's dividends in 3 years are forecast to be well covered by earnings (24% payout ratio).


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Gren Schoch

no data

Tenure

US$1,433,537

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 ($USD1.43M) is above average for companies of similar size in the Canadian market ($USD908.86K).

Compensation vs Earnings: Gren's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Peter Schoch
Chairman & CEOno dataUS$1.43m17.72%
$ 82.1m
Chris Bitsakakis
COO & President1.42yrsUS$1.04m0.19%
$ 881.3k
Chris Figel
Executive VP1.33yrsUS$354.43kno data
Frank Ientile
Chief Financial Officer0.42yrno datano data
Barb Lee
Director of Corporate Human Resourcesno datano datano data
Carl Chapman
Senior VP & GM of AirBoss Rubber Solutionsno datano datano data
Christopher Laycoe
Senior VP & GM of AirBoss Flexible Productsno datano datano data
Patrick Callahan
Chief Executive Officer of AirBoss Defense Groupno datano datano data
Morris Eddy
Vice President of Human Resourcesno datano data0.0080%
$ 37.2k

1.3yrs

Average Tenure

Experienced Management: BOS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Peter Schoch
Chairman & CEOno dataUS$1.43m17.72%
$ 82.1m
Anita Antenucci
Director1.25yrsUS$27.89k0.15%
$ 688.8k
Robert McLeish
Independent Lead Director4.67yrsUS$70.84k0.90%
$ 4.2m
Brian Robbins
Independent Director23.42yrsUS$62.18k0.15%
$ 691.5k
David Campbell
Member of Advisory Boardno dataUS$28.00kno data
Mary Matthews
Independent Director14.5yrsUS$59.54k0.56%
$ 2.6m
Alan James Watson
Independent Director13.17yrsUS$55.77k0.58%
$ 2.7m
David Camilleri
Independent Director0.92yrUS$13.38k0.027%
$ 125.0k
Stephen Ryan
Directorno datano datano data

13.2yrs

Average Tenure

Experienced Board: BOS's board of directors are seasoned and experienced ( 13.2 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%.


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:
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: CA$463.370m
  • Shares outstanding: 26.91m
  • Website: https://www.airbossofamerica.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BOSTSX (The Toronto Stock Exchange)YesCommon SharesCACADNov 1989
ABSS.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 1989
2S1DB (Deutsche Boerse AG)YesCommon SharesDEEURNov 1989

Biography

AirBoss of America Corp., through its subsidiaries, designs, develops, manufactures, and sells rubber compounds and specialty finished products to industrial, automotive, defense, first response, and healt...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 23:23
End of Day Share Price2020/11/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.