AirBoss of America Corp

AirBoss of America Corp has a market capitalization of $211.08 million and a price-to-book ratio of 1.59, indicating a moderate premium to its book value. The company's liquidity position is characterized by $16.93 million in cash and equivalents, but with $122.62 million in long-term debt, its net cash position is negative. The current ratio of 2.17 suggests the company has sufficient short-term assets to cover its liabilities, but the debt-to-equity ratio of 0.92 indicates a moderate level of leverage.

Profitability metrics are weak, with a return on equity of -7.21% and a return on assets of -2.86%, both significantly below industry norms. The company reported a net loss of $9.57 million and an operating loss of $6.04 million, reflecting poor operational performance. Gross profit of $14.51 million on $95.37 million in revenue yields a gross margin of 15.21%, which is below the industry median for automotive parts manufacturers.

The company's revenue is concentrated in a single business segment focused on air suspension systems, with no disclosed geographic diversification beyond North America. This concentration increases exposure to regional economic downturns and regulatory changes in the automotive sector.

Looking ahead, the company is projected to see a decline in revenue, with no specific growth drivers identified in the outlook. The operating cash flow of $5.56 million is insufficient to cover the $9.54 million in free cash outflows, indicating a need for external financing or operational improvements to sustain growth.

The risk assessment highlights liquidity concerns, with a medium risk rating due to the negative net cash position after subtracting total debt. The dilution risk is currently low, but the company's negative free cash flow and operating losses may necessitate future equity or debt financing, which could dilute existing shareholders.

Recent filings and transcripts have not disclosed any material events that would significantly alter the company's risk profile or strategic direction. Analysts have issued a mean price target of $7.50, with a median of $7.50, and a mean recommendation of 2.50, indicating a neutral stance with no strong buy ratings.

Operating income surged 164.8% year-over-year to $3.9 million, signaling a strong operational turnaround in fiscal 2026.

Free cash flow improved by 72.9% to a near-neutral -$3.8 million, indicating significantly reduced cash burn.

Analysts assign a mean price target of $7.50, implying an 8.1% upside from the current market price.

Long-term debt decreased to $83.8 million in fiscal 2026, reflecting a deliberate deleveraging strategy.

Net income loss narrowed by 57.7% to -$8.6 million, demonstrating substantial progress in profitability recovery.

The company carries a high credit risk flag, suggesting significant concerns regarding its ability to meet obligations.

Operating and net margins rank in the bottom quartile of the Tires & Rubber Products cohort.

Return on equity remains negative at -7.2%, underperforming the cohort median of 5.96% significantly.

The debt-to-equity ratio of 0.92 is in the bottom quartile, indicating higher leverage than peers.

Revenue $105.8M, +0,6% YoY; Operating income +66,6% YoY.

• ▍Revenue $105.8M, +0,6% YoY
• ▍Operating income +66,6% YoY
• ▍Net income +614,5% YoY
• ▍Free cash flow +105,5% YoY
• ▍Net margin 2.0%

Revenue $106.0M, +15,3% YoY; Operating income −4 738,6% YoY.

• ▍Revenue $106.0M, +15,3% YoY
• ▍Operating income −4 738,6% YoY
• ▍Net income −189,4% YoY
• ▍Free cash flow −542,2% YoY
• ▍Net margin -7.1%

Revenue $100.4M, +4,4% YoY; Operating income −120,2% YoY.

• ▍Revenue $100.4M, +4,4% YoY
• ▍Operating income −120,2% YoY
• ▍Net income +11,5% YoY
• ▍Free cash flow −335,3% YoY
• ▍Net margin -2.9%

Revenue $98.6M, +3,4% YoY; Operating income +185,9% YoY.

• ▍Revenue $98.6M, +3,4% YoY
• ▍Operating income +185,9% YoY
• ▍Net income +123,7% YoY
• ▍Free cash flow +150,9% YoY
• ▍Net margin 2.3%

Revenue $105.1M; Operating income $2.9M.

• ▍Revenue $105.1M
• ▍Operating income $2.9M
• ▍Net margin -0.4%

Revenue $92.0M; Operating income -$83.0k.

• ▍Revenue $92.0M
• ▍Operating income -$83.0k
• ▍Net margin -2.8%

Revenue $96.2M; Operating income $1.2M.

• ▍Revenue $96.2M
• ▍Operating income $1.2M
• ▍Net margin -3.4%

Revenue $95.4M; Operating income -$6.0M.

• ▍Revenue $95.4M
• ▍Operating income -$6.0M
• ▍Net margin -10.0%

Revenue $410.2M, +6,0% YoY; Operating income +164,8% YoY.

• ▍Revenue $410.2M, +6,0% YoY
• ▍Operating income +164,8% YoY
• ▍Net income +57,7% YoY
• ▍Free cash flow +72,9% YoY
• ▍Net margin -2.1%

Revenue $387.0M, −9,2% YoY; Operating income +82,2% YoY.

• ▍Revenue $387.0M, −9,2% YoY
• ▍Operating income +82,2% YoY
• ▍Net income +51,2% YoY
• ▍Free cash flow +60,6% YoY
• ▍Net margin -5.3%

Revenue $426.0M, −10,7% YoY; Operating income +3,3% YoY.

• ▍Revenue $426.0M, −10,7% YoY
• ▍Operating income +3,3% YoY
• ▍Net income −30,9% YoY
• ▍Free cash flow −26,1% YoY
• ▍Net margin -9.8%

Revenue $477.2M, −18,7% YoY; Operating income −159,1% YoY.

• ▍Revenue $477.2M, −18,7% YoY
• ▍Operating income −159,1% YoY
• ▍Net income −168,3% YoY
• ▍Free cash flow −167,5% YoY
• ▍Net margin -6.7%