AirBoss of America Corp

Chart & Performance

D1W1MN

P/E

—

P/S

0.17

EPS

—

Div Yield, %

7.90%

Shrs. gr., 5y

3.01%

Rev. gr., 5y

6.12%

Revenues

426m

-10.72%

Net income

-42m

L+30.91%

CFO

41m

Dividend

Sep 27, 20240.035 CAD/sh

Earnings

Mar 04, 2025

Profile

AirBoss of America Corp., together with its subsidiaries, develops, manufactures, and markets rubber-based products for automotive, heavy commercial, construction and infrastructure, oil and gas, and defense industries in Canada, the United States, and internationally. It operates through three segments: AirBoss Defense Group, Rubber Solutions, and Engineered Products. The AirBoss Defense Group segment develops, manufactures, and sells healthcare protective equipment, personal respiratory protective products, rapid deployment negative pressure isolation shelters, and cold weather combat footwear, as well as chemical, biological, radioactive, nuclear, and explosive protective equipment for military, law enforcement, healthcare and industrial providers, and first responders. The Rubber Solutions segment is involved in the development and manufacture of custom rubber formulations and compounds, calendered and extruded materials, and molded products for use in various applications and industries, including automotive, heavy industry, rollers, conveyor belting, defense, construction and infrastructure, mining, transportation, and oil and gas. The Engineered Products segment designs, engineers, manufactures, and sells rubber, synthetic rubber, and rubber-to-metal bonded products that are used to eliminate or control undesired vibration and noise for use in automotive, electric vehicle, heavy truck and off-highway, industrial, and defense industries. The company was formerly known as IATCO Industries Inc. and changed its name to AirBoss of America Corp. in April 1994. AirBoss of America Corp. is headquartered in Newmarket, Canada.

URL

https://airboss.com/

IPO date

Apr 22, 1999

Employees

1,295

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	426,025 -10.72%	477,155 -18.69%	586,858 17.00%
Cost of revenue	432,197	511,115	527,859
Unusual Expense (Income)
NOPBT	(6,172)	(33,960)	58,999
NOPBT Margin			10.05%
Operating Taxes	2,994	(8,520)	7,829
Tax Rate			13.27%
NOPAT	(9,166)	(25,440)	51,170
Net income	(41,749) 30.91%	(31,892) -168.29%	46,703 -16.99%
Dividends	(8,040)	(8,338)	(7,359)
Dividend yield	6.06%	4.14%	0.56%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	2,437	2,286	2,356
Long-term debt	142,797	156,415	95,654
Deferred revenue
Other long-term liabilities	5,984	8,904	18,042
Net debt	115,850	140,149	90,879
Cash flow
Cash from operating activities	40,917	(30,775)	2,023
CAPEX	(7,256)	(10,192)	(17,993)
Cash from investing activities	(8,464)	(10,189)	(64,559)
Cash from financing activities	(22,196)	52,202	(17,526)
FCF	29,443	(23,976)	(29,473)
Balance
Cash	28,989	18,552	7,131
Long term investments	395
Excess cash	8,083
Stockholders' equity	143,377	192,399	232,617
Invested Capital	278,102	348,986	333,801
ROIC			18.32%
ROCE			17.49%
EV
Common stock shares outstanding	27,118	27,071	28,298
Price	4.89 -34.27%	7.44 -83.90%	46.22 193.27%
Market cap	132,607 -34.16%	201,408 -84.60%	1,307,934 233.28%
EV	248,457	341,557	1,398,813
EBITDA	16,173	(12,055)	79,880
EV/EBITDA	15.36		17.51
Interest	5,233	5,738	4,178
Interest/NOPBT			7.08%