Westbond (WBE) AI Stock Analysis

• Market Cap: C$6.52M
• Dividend Yield: N/A
• Average Volume (3M): 8.45K
• Price to Earnings (P/E): 203.3
• Beta (1Y): 0.16
• Revenue Growth: 11.10%
• EPS Growth: N/A
• Country: CA
• Employees: 13
• Sector: Services
• Sector Strength: N/A
• Industry: Paper, Lumber & Forest Products
• EPS (TTM): <0.01
• Shares Outstanding: 35,625,800
• 10 Day Avg. Volume: 9,150
• 30 Day Avg. Volume: 8,453
• PEG Ratio: 1.19
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 0.48
• P/FCF Ratio: 4.99
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 55 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

Westbond's overall stock score is primarily influenced by its mixed financial performance and concerning valuation. While technical analysis indicates positive momentum, the high P/E ratio suggests potential overvaluation. The lack of earnings call and corporate events data means these factors do not influence the score.

Westbond Business Overview & Revenue Model

Company Description

Westbond (WBE) is a leading provider in the manufacturing and distribution of high-quality bonding solutions, primarily focusing on industrial adhesives, sealants, and specialty coatings. Operating within the sectors of construction, automotive, and aerospace, Westbond is renowned for its innovative formulations and commitment to sustainability. The company's core products include epoxy adhesives, polyurethane sealants, and thermal bonding materials, catering to a diverse clientele that spans multiple industries.

How the Company Makes Money

Westbond generates revenue through the sale of its adhesive and sealant products to various industries, including construction, automotive, and aerospace. The company employs a direct sales model, complemented by a network of distributors and wholesalers who expand its market reach. Key revenue streams include bulk sales to large corporations, custom formulations for specific client needs, and the development of proprietary products that meet industry standards. Significant partnerships with major manufacturers and suppliers enhance Westbond's distribution capabilities and product innovation, contributing to its overall earnings. Additionally, the company may engage in research and development contracts with industrial clients, providing another avenue for revenue generation.

Westbond Financial Statement Overview

Summary

Westbond faces challenges with declining revenues and profitability, highlighted by its recent net income losses. Despite this, the company shows strengths in cash flow management and maintains a balanced leverage profile. The financial stability is moderate, but strategic improvements in revenue growth and profitability are necessary to enhance overall financial health.

Income Statement

Westbond's revenue has declined over the years, with a significant drop from 2022 to 2025. The gross profit margin for 2025 is approximately 12%, indicating some efficiency in cost management, but the net profit margin is negative due to a loss in net income, reflecting challenges in achieving profitability. The EBIT margin has improved to a marginally positive figure in 2025, while EBITDA remains relatively stable, suggesting operational resilience.

Balance Sheet

The company maintains a moderate debt-to-equity ratio, showing a controlled leverage. The equity ratio suggests a decent proportion of equity financing. However, the declining total assets and stockholders' equity over the years indicate potential risks in asset management and financial stability.

Cash Flow

Westbond's free cash flow has grown significantly, especially in 2025, demonstrating strong cash generation. The operating cash flow to net income ratio is robust, indicating efficient cash conversion. However, the fluctuations in operating cash flow year-on-year highlight some volatility in cash management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.13M	9.67M	9.22M	11.09M	13.98M	13.98M
Gross Profit	1.28M	1.16M	802.76K	1.94M	2.88M	2.70M
EBITDA	1.36M	1.28M	1.12M	2.14M	2.15M	4.82M
Net Income	32.76K	-52.38K	-210.68K	574.55K	693.22K	2.64M
Balance Sheet
Total Assets	12.18M	12.42M	12.69M	13.42M	15.55M	13.62M
Cash, Cash Equivalents and Short-Term Investments	227.44K	143.27K	111.00K	73.47K	268.07K	1.47M
Total Debt	1.44M	1.66M	2.46M	2.37M	3.40M	4.24M
Total Liabilities	4.42M	4.76M	5.07M	5.59M	7.56M	7.73M
Stockholders Equity	7.76M	7.66M	7.62M	7.83M	7.99M	7.99M
Cash Flow
Free Cash Flow	1.07M	927.68K	82.32K	1.50M	2.84M	1.25M
Operating Cash Flow	1.36M	1.16M	492.81K	1.93M	4.98M	1.68M
Investing Cash Flow	-285.69K	-236.76K	-410.50K	-432.34K	-2.13M	-430.54K
Financing Cash Flow	-890.16K	-895.41K	-44.79K	-1.70M	-1.77M	-1.77M

Westbond Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WBE, the sentiment is Positive. The current price of 0.18 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.17, and above the 200-day MA of 0.14, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 54.39 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:WBE.

Westbond Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GDL	―	C$100.31M	15.85	3.12%	5.00%	3.81%	-50.79%
Sector *	―	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
WBE	―	C$6.52M	203.33	0.43%	―	11.10%	―
CFX	―	C$25.44M	-0.17	-60.90%	―	-11.47%	-167.18%
WEF	―	C$126.91M	-5.87	-3.84%	―	3.89%	49.05%
GFP	―	$53.57M	-1.73	-13.50%	―	-23.09%	46.68%
CFF	―	C$9.38M	―	-25.84%	―	-8.76%	16.86%

Westbond Corporate Events

WestBond Enterprises Sees 202% Profit Surge Amid Growing Demand

WestBond Enterprises Corporation reported a significant financial turnaround for the quarter ending June 30, 2025, with a net profit increase of 202% compared to the previous quarter. The company’s sales rose by 8.1% due to increased demand, prompting the hiring of additional production staff. The current tariff situation between Canada and the USA presents growth opportunities, as WestBond’s products remain tariff-free under CUSMA, enhancing their competitiveness. The company anticipates continued growth in sales and profits, driven by its expanding presence in the food service industry.