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Westbond (WBE) AI Stock Analysis

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TSE:WBE

Westbond

(TSXV:WBE)

Select Model
Rating:73Outperform
Price Target:CAD 0.28â–²(21.89% Upside)
Action:reiterated
Date:08/25/26

Overall score is driven primarily by improved fundamentals and a strong balance sheet, supported by bullish price momentum above major moving averages. The score is held back by mixed cash-flow momentum/cash conversion and only mid-range valuation support (moderate P/E and no dividend yield provided).

Positive Factors
Revenue and Profit RecoveryThe sharp revenue recovery and return to positive profitability indicate that Westbond is converting renewed demand into operating earnings. This improves internal funding capacity, supports reinvestment in its product base, and provides a stronger foundation for performance over the next several quarters.
Negative Factors
Margins Below Prior-Cycle PeaksAlthough profitability has recovered, current margins remain below Westbond’s stronger FY2022–FY2023 levels. The gap suggests that earnings resilience is not fully restored, leaving future results more exposed to cost pressure, product mix changes, or weaker pricing than during the prior cycle.

Westbond (WBE) vs. iShares MSCI Canada ETF (EWC)

-20%-10%0%10%20%30%TSE:WBE+16.50%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
CAD 7.84M
Dividend Yield
―
Average Volume (3M)
30.98K
Price to Earnings (P/E)
11.7
Beta (1Y)
1.16
Revenue Growth
13.73%
EPS Growth
1988.89%
Country
Canada
Employees
13
Sector
General
Sector Strength
55
Industry
Paper, Lumber & Forest Products

Westbond Business Overview & Revenue Model

Company Description

WestBond Enterprises Corporation, which includes its subsidiary WestBond Industries Inc., manufactures and distributes single-use paper products. These items cater to the medical, hygienic, and industrial sectors throughout Canada and the United Stat...

How the Company Makes Money

Westbond makes money primarily by manufacturing and selling wood building products to customers in construction and renovation supply chains (e.g., distributors, building material dealers, and/or contractors). Revenue is generated from product sales...

Westbond Financial Statement Overview

Summary

Financials show a cyclical rebound with profitability returning (Income Statement score 72) and a notably strong, conservative balance sheet (Balance Sheet score 84 with low leverage). The main offset is mixed cash-flow quality and momentum (Cash Flow score 63, including negative TTM free cash flow growth and sub-1.0x OCF-to-net-income conversion), which tempers the overall strength.

Income Statement

72Positive

Balance Sheet

84Very Positive

Cash Flow

63Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Jun 2023Mar 2022
Income Statement
Total Revenue11.52M11.35M9.67M9.22M11.09M13.98M
Gross Profit2.43M2.08M1.16M802.76K1.94M2.88M
EBITDA2.17M1.90M1.28M1.12M2.14M2.15M
Net Income670.57K473.25K-52.38K-210.68K574.55K693.22K
Balance Sheet
Total Assets12.77M12.41M12.42M12.69M13.42M15.55M
Cash, Cash Equivalents and Short-Term Investments1.03M979.32K143.27K111.00K73.47K268.07K
Total Debt1.31M1.21M1.66M2.46M2.37M3.40M
Total Liabilities4.23M4.17M4.76M5.07M5.59M7.56M
Stockholders Equity8.53M8.24M7.66M7.62M7.83M7.99M
Cash Flow
Free Cash Flow998.06K1.34M927.68K82.32K1.50M2.84M
Operating Cash Flow1.41M1.60M1.16M492.81K1.93M4.98M
Investing Cash Flow-416.16K-258.51K-236.76K-410.50K-432.34K-2.13M
Financing Cash Flow-199.35K-505.40K-895.41K-44.79K-1.70M-1.77M

Westbond Technical Analysis

Technical Analysis SentimentNeutral
Last Price0.23

Price Trends

50DMA0.24Negative
100DMA0.23Negative
200DMA0.23Positive

Market Momentum

MACD-0.00Negative
RSI48.92Neutral
STOCH26.67Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WBE, the sentiment is Neutral. The current price of 0.23 is above the 20-day moving average (MA) of 0.23, below the 50-day MA of 0.24, and above the 200-day MA of 0.23, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 48.92 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:WBE.

Westbond Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TSE:WBE against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
TSE:WBETSE:WBE73OutperformCAD 8.30M11.708.16%―13.73%1988.89%
TSE:IFPTSE:IFP59NeutralCAD 899.03M-2.03-30.64%―-7.37%-92.84%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TSE:GDLTSE:GDL55NeutralCAD 90.71M21.062.12%2.28%0.73%-30.61%
TSE:WEFTSE:WEF54NeutralCAD 163.02M-1.93-17.78%―-18.00%-290.71%
TSE:WFGTSE:WFG53NeutralCAD 7.34B-3.83-24.07%1.91%-7.92%-344.24%
TSE:CFFTSE:CFF45NeutralCAD 4.28M-0.09-103.21%―-18.46%-102.32%

* General Sector Average

Performance Comparison

-50%0%50%TSE:WBETSE:WFGTSE:CFFTSE:GDLTSE:WEFTSE:IFPDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
TSE:WBE and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:WBEWestbond Enterprises Corp0.230.0316.50%
TSE:WFGWest Fraser Timber Co. Ltd.93.7010.8313.07%
TSE:CFFConifex Timber0.10-0.13-54.35%
TSE:GDLGoodfellow Inc.10.95-0.39-3.43%
TSE:WEFWestern Forest Prod15.443.7431.97%
TSE:IFPInterfor (OTC)13.675.7271.95%

Westbond Corporate Events

Business Operations and StrategyRegulatory Filings and ComplianceShareholder Meetings

WestBond Shareholders Back Board, Auditor and Stock Option Plan at AGM

Positive
Sep 4, 2026

WestBond Enterprises Corporation has confirmed that all resolutions presented at its Annual General Meeting of shareholders on September 3, 2026, in Delta, B.C., received approval. Shareholders re‑elected the existing board of directors and agr...

Business Operations and StrategyFinancial Disclosures

WestBond Swings to Profit on Higher Sales and Growing Medley Brand Demand

Positive
Aug 21, 2026

WestBond Enterprises Corporation reported a sharp turnaround in its latest quarter, posting net profit of $295,025 for the period ended June 30, 2026, compared with a net loss of $17,035 in the previous quarter. Quarterly sales rose 8.1% to $2.90 mil...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 25, 2026