AirBoss of America
Market Cap
US$193.2m
Last Updated
2019/08/23 00:25 UTC
Data Sources
Company Financials +
Executive Summary
AirBoss of America Corp., through its subsidiaries, develops, manufactures, and sells rubber-based products to the resource, military, automotive, and industrial markets primarily in Canada and the United States.
Snowflake
Fundamentals
Very undervalued with excellent 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
Market Performance
7 Day Return
-7.0%
OTCPK:ABSS.F
0.2%
US Chemicals
2.1%
US Market
1 Year Return
-34.6%
OTCPK:ABSS.F
-16.1%
US Chemicals
-0.04%
US Market
ABSS.F underperformed the Chemicals industry which returned -15.1% over the past year.
ABSS.F underperformed the Market in United States of America which returned 0.2% over the past year.
Share holder returns
| ABSS.F | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.0% | 0.2% | 2.1% |
| 30 Day | -8.8% | -6.7% | -3.2% |
| 90 Day | -11.3% | -1.4% | 2.8% |
| 1 Year | -32.5%-34.6% | -2.7%-16.1% | 2.2%-0.04% |
| 3 Year | -40.8%-45.2% | 33.7%9.1% | 41.5%32.3% |
| 5 Year | -24.7%-32.3% | 29.8%1.4% | 55.0%37.8% |
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
No news available
Valuation
Is AirBoss of America undervalued based on future cash flows and its price relative to the stock market?
>50%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
AirBoss of America's share price is below the future cash flow value, and at a moderate discount (> 20%).
AirBoss of America's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
AirBoss of America is good value based on earnings compared to the US Chemicals industry average.
AirBoss of America is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
AirBoss of America is good value based on expected growth next year.
Price Based on Value of Assets
AirBoss of America is good value based on assets compared to the US Chemicals industry average.
Next Steps
Future Growth
How is AirBoss of America expected to perform in the next 1 to 3 years based on estimates from 5 analysts?
26.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
AirBoss of America's revenue is expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).
AirBoss of America's earnings are expected to grow significantly at over 20% yearly.
AirBoss of America's revenue growth is positive but not above the United States of America market average.
AirBoss of America's earnings growth is expected to exceed the United States of America market average.
AirBoss of America's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if AirBoss of America will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has AirBoss of America performed over the past 5 years?
-4.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
AirBoss of America's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
AirBoss of America's 1-year earnings growth is negative, it can't be compared to the 5-year average.
AirBoss of America's 1-year earnings growth is negative, it can't be compared to the US Chemicals industry average.
Return on Equity
AirBoss of America has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
AirBoss of America used its assets less efficiently than the US Chemicals industry average last year based on Return on Assets.
Return on Capital Employed
AirBoss of America's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
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Financial Health
How is AirBoss of America's financial position?
Financial Position Analysis
AirBoss of America is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
AirBoss of America's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
AirBoss of America's level of debt (49.4%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (63.9% vs 49.4% today).
Debt is well covered by operating cash flow (29%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 3.8x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.9x debt.
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Dividend
What is AirBoss of America's current dividend yield, its reliability and sustainability?
3.81%
Expected Dividend Yield
Upcoming Dividend Payment
Purchase AirBoss of America before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield and Payments Analysis
AirBoss of America's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).
AirBoss of America's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are covered by earnings (1.9x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).
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Management
What is the CEO of AirBoss of America's salary, the management and board of directors tenure and is there insider trading?
2.8yrs
Average management tenure
CEO
Gren Schoch 0
0.0yrs
Tenure
US$512,494
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
Gren's remuneration is about average for companies of similar size in United States of America.
Gren's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
2.8yrs
Average Tenure
The tenure for the AirBoss of America management team is about average.
Board Age and Tenure
13.3yrs
Average Tenure
The average tenure for the AirBoss of America board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Insider Trading
More shares have been bought than sold by AirBoss of America individual insiders in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 5,000 |
| Max Price | US$6.24 |
| Entity | Individual |
| Shares | 11,000 |
| Max Price | US$6.41 |
| Entity | Individual |
| Shares | 35,000 |
| Max Price | US$6.41 |
| Entity | Individual |
| Role | President COO & President |
| Shares | 11,000 |
| Max Price | US$6.41 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 3,100 |
| Max Price | US$7.66 |
| Entity | Individual |
| Shares | 148,600 |
| Max Price | US$9.44 |
Ownership Breakdown
Management Team
Daniel Gagnon
Chief Financial Officer
- Tenure: 3.2yrs
- Compensation: US$320.32k
Gren Schoch
Chairman & CEO
- Tenure: 0.0yrs
- Compensation: US$512.49k
Bradley Berghouse
President of AirBoss Flexible Products Co
- Tenure: 2.8yrs
Chris Bitsakakis
COO & President
- Tenure: 0.2yrs
- Compensation: US$578.84k
Chris Figel
VP & Secretary
- Tenure: 0.0yrs
Board Members
Anita Antenucci
Director
- Tenure: 0.0yrs
Bob Hagerman
Director
- Tenure: 29.8yrs
- Compensation: US$55.57k
Robert McLeish
Lead Director
- Tenure: 3.4yrs
- Compensation: US$71.39k
Lisa Swartzman (48yo)
Vice Chairman
- Tenure: 0.2yrs
- Compensation: US$358.14k
Brian Robbins (72yo)
Independent Director
- Tenure: 22.2yrs
- Compensation: US$63.67k
Gren Schoch
Chairman & CEO
- Tenure: 0.0yrs
- Compensation: US$512.49k
David Campbell
Member of Advisory Board
- Tenure: 0.0yrs
- Compensation: US$28.00k
Mary Matthews
Independent Director
- Tenure: 13.3yrs
- Compensation: US$59.81k
Alan James Watson
Independent Director
- Tenure: 11.9yrs
- Compensation: US$55.57k
Company Information
AirBoss of America Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: AirBoss of America Corp.
- Ticker: ABSS.F
- Exchange: OTCPK
- Founded:
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: CA$193.222m
- Listing Market Cap: CA$145.241m
- Shares outstanding: 23.39m
- Website: https://www.airbossofamerica.com
Number of Employees
Location
- AirBoss of America Corp.
- 16441 Yonge Street
- Newmarket
- Ontario
- L3X 2G8
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BOS | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Nov 1989 |
| ABSS.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Nov 1989 |
Biography
AirBoss of America Corp., through its subsidiaries, develops, manufactures, and sells rubber-based products to the resource, military, automotive, and industrial markets primarily in Canada and the United ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/23 00:25 |
| End of Day Share Price | 2019/08/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.