AirBoss of America Corp. (BOS.TO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+558.4%

CA$41.48

vs CA$6.30 price

Levered DCF

CA$45.46

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

6.78

Safe zone

Rating

C-

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-10.56×	-3.53×	-2.39×	-4.65×	21.12×	5.29×	15.34×	16.99×
P/B	0.79×	0.57×	0.67×	0.75×	4.19×	1.53×	1.25×	1.21×
P/S	0.22×	0.19×	0.23×	0.31×	1.68×	0.59×	0.48×	0.46×
EV / EBITDA	0.4×	13.36×	-18.1×	-21.42×	13.31×	3×	7.31×	7.47×
Gross margin	15.4%	14.0%	13.7%	5.1%	23.2%	27.1%	14.9%	14.2%
Operating margin	2.4%	-1.5%	-7.9%	-7.3%	10.0%	16.4%	5.6%	4.6%
Net margin	-2.1%	-5.3%	-9.8%	-6.7%	8.0%	11.2%	3.1%	2.7%
Current ratio	1.64×	2.24×	2.51×	2.48×	2.11×	2.03×	2.36×	2.67×
Debt / equity	0.72×	0.93×	0.88×	0.73×	0.34×	0.47×	0.59×	0.52×
Interest coverage	0.99×	-0.52×	-3.18×	-6.04×	14.05×	24.41×	4.79×	5.04×
Dividend yield	3.0%	5.8%	8.0%	5.6%	0.7%	1.6%	3.1%	3.4%
Payout ratio	-31.4%	-20.5%	-19.3%	-26.1%	15.8%	8.6%	48.1%	59.3%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-7.6%	-16.2%	-28.0%	-16.2%	19.9%	28.9%	8.1%	7.0%
Return on invested capital	4.9%	-2.4%	-11.6%	-7.7%	14.8%	20.1%	6.3%	5.6%
Return on assets	-3.2%	-6.6%	-11.7%	-7.2%	10.5%	15.3%	4.1%	3.7%
Free cash flow yield	42.1%	-2.6%	32.4%	-27.6%	-1.6%	30.1%	-4.9%	7.9%
Earnings yield	-9.6%	-28.4%	-41.8%	-21.5%	4.7%	18.9%	6.5%	5.8%
Enterprise value	CA$167.4M	CA$182.8M	CA$202.3M	CA$273.5M	CA$1.1B	CA$301M	CA$231.9M	CA$191.9M
Net debt / EBITDA	0.18×	8.11×	-9.16×	-9.8×	0.92×	0.04×	2.33×	1.76×
Cash conversion cycle (days)	35	67	57	85	65	22	76	62