Pason Systems Inc.
stock CA:PSI (TORONTO)

Alternative ID: CA7029251088

Watch List

  • Exchange: TORONTO
  • Sector: Industrial Goods
  • Industry: Industrial Products and Services,Energy Services
  • Market Cap: Small (1.3B)
  • Data in CAD
  • EPS: -0.07
  • Current PE: -1,642.50
  • BVPS: 3.77
  • Price/BVPS: 31.61
  • Dividend: 0.34 / 2.2%
  • Hist Grade: F (0.00)
  • YOY Grade: F (12.84)
  • Debt/FCF: 0.15
  • ROIC: 19.2%
  • PEG: -1.00
  • PEGY: -1.00
  • Value Price: 0.00
  • MOS Price: 0.00
  • MOS %: -100.0%
  • Graham Number: 0.00
  • Graham MOS %: -100.0%
  • IRT: 99.00

Market Price

119.17 

-1.36 -1.1%

as of Mar 22 '23

52 Week Range:

12.05 123.65

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Financial Statements


type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

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Growth Grade and Financial Ratios


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Value Price


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General Info

  • Exchange: TORONTO
  • Sector: Industrial Goods
  • Industry: Industrial Products and Services,Energy Services
  • Market Cap: Small (1.3B)
  • Inst. Ownership: 44.93%
  • Insider Ownership: 0.56%
  • Full Time Employees: 650
Pason Systems Inc., an energy services and technology company, provides data management systems for drilling rigs in Canada, the United States, and internationally. The company offers Electronic Drilling Recorder, which monitors and records drilling operations around the rig; DataHub for storing data and information collected from the rig for on-demand retrieval; DataLink service provides direct connection interfaces for IT systems and analytics tools; Pason Live for monitoring rig operations in real-time using desktop computers or mobile devices; and daily and end-of-well KPI reports provide visual statistics on rig performance. It also provides Drilling intelligence to suggest drilling parameters, detect disfunction, and send event alerts to onsite personnel and remote engineers in real time; and Drilling automation, a reality across rig platforms. In addition, the company offers Pason Gas Analyzer for real-time gas measurement; a robust system of alarms and sensors to monitor ambient gasses in the atmosphere and in the drilling fluids; and Pason Pit Volume Totalizer to track the volumes, gains, and losses of drilling fluids on location. Further, it provides field support, monitoring, drilling optimization, and office support for data integration. The company serves E&P operators, drilling contractors, and other oilfield service companies. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement


 

Cash Flow Statement


 

Balance Sheet


 

Liquidity Ratios

Current Ratio

 

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

 

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

 

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

 

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

 

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC

 

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Equity (BVPS) 4.37
4.49
4.19
5.16
5.90
4.75
4.11
4.21
4.37
3.82
3.77
growth rate 2.8% -6.7% 23.2% 14.3% -19.5% -13.5% 2.4% 3.8% -12.6% -1.3%
Earnings BIT 111.79
59.75
110.27
186.76
13.72
-28.30
41.93
100.06
80.02
2.06
36.85
growth rate -46.6% 84.6% 69.4% -92.7% -100.0% 100.0% 138.7% -20.0% -97.4% 1,691.6%
Avg.PE 11.39
35.21
80.00
17.24
40.85
40.85
136.99
37.71
19.52
36.59
36.59
growth rate 209.1% 127.2% -78.5% 137.0% 0.0% 235.4% -72.5% -48.2% 87.5% 0.0%
ROA 19.59
8.45
5.06
22.07
-2.66
-8.42
6.04
14.64
12.03
1.64
9.13
growth rate -56.9% -40.1% 336.2% -100.0% 0.0% 100.0% 142.4% -17.8% -86.4% 456.7%
ROE 25.37
10.84
6.44
26.38
-3.00
-9.27
6.86
17.16
14.77
2.01
10.94
growth rate -57.3% -40.6% 309.6% -100.0% 0.0% 100.0% 150.2% -13.9% -86.4% 444.3%
ROIC 25.37
10.84
6.44
26.38
-3.00
-9.27
6.86
17.06
14.19
1.76
10.71
growth rate -57.3% -40.6% 309.6% -100.0% 0.0% 100.0% 148.7% -16.8% -87.6% 508.5%
Cur. Ratio 2.53
2.99
2.88
4.08
12.85
8.61
5.68
5.82
4.15
6.69
5.33
growth rate 18.2% -3.7% 41.7% 215.0% -33.0% -34.0% 2.5% -28.7% 61.2% -20.3%
Quick Ratio 2.51
2.96
2.84
3.99
12.67
8.14
5.59
5.75
4.09
6.59
5.21
growth rate 17.9% -4.1% 40.5% 217.5% -35.8% -31.3% 2.9% -28.9% 61.1% -20.9%
Leverage 1.24
1.32
1.22
1.18
1.08
1.13
1.15
1.20
1.26
1.18
1.22
growth rate 6.5% -7.6% -3.3% -8.5% 4.6% 1.8% 4.4% 5.0% -6.4% 3.4%
Balance Sheet Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Acct.Receivable 102.30
80.30
103.22
122.99
66.08
65.79
59.02
86.22
62.10
29.24
49.83
growth rate -21.5% 28.5% 19.2% -46.3% -0.4% -10.3% 46.1% -28.0% -52.9% 70.4%
Acct.Payable 13.60
25.98
8.40
4.30
6.64
10.92
8.55
3.62
8.61
growth rate 91.1% -67.7% -48.8% 54.3% 64.6% -21.8% -57.6% 137.7%
Cur.Assets 209.30
245.40
195.86
273.65
265.65
224.51
235.05
309.30
242.04
196.80
226.57
growth rate 17.3% -20.2% 39.7% -2.9% -15.5% 4.7% 31.6% -21.8% -18.7% 15.1%
Total Assets 455.90
488.40
445.88
570.07
529.63
435.25
398.45
461.72
437.84
361.42
379.94
growth rate 7.1% -8.7% 27.9% -7.1% -17.8% -8.5% 15.9% -5.2% -17.5% 5.1%
Cash 105.00
157.90
78.02
144.86
195.85
146.48
154.13
203.84
161.02
149.28
158.28
growth rate 50.4% -50.6% 85.7% 35.2% -25.2% 5.2% 32.3% -21.0% -7.3% 6.0%
Inventory 0.00 0.00
growth rate
Cur.Liabilities 82.70
82.00
67.93
67.08
20.67
26.09
41.36
53.15
58.27
29.43
42.48
growth rate -0.9% -17.2% -1.3% -69.2% 26.2% 58.6% 28.5% 9.6% -49.5% 44.4%
Liabilities 88.60
119.70
79.41
86.54
40.18
48.60
50.96
75.64
91.39
56.13
72.16
growth rate 35.1% -33.7% 9.0% -53.6% 21.0% 4.9% 48.4% 20.8% -38.6% 28.6%
LT Debt 0.00 0.00
growth rate
Equity 367.30
368.70
366.47
483.52
489.45
386.65
347.49
386.08
346.83
307.06
311.48
growth rate 0.4% -0.6% 31.9% 1.2% -21.0% -10.1% 11.1% -10.2% -11.5% 1.4%
Common Shares 83.00
83.00
83.00
84.00
84.00
84.00
85.00
164.72
166.70
164.57
162.57
growth rate 0.0% 0.0% 1.2% 0.0% 0.0% 1.2% 93.8% 1.2% -1.3% -1.2%
Cash Flow Statement Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Capital Expenditures 70.90
59.70
56.17
113.68
44.26
10.49
18.37
19.41
22.45
4.67
10.24
growth rate -15.8% -5.9% 102.4% -61.1% -76.3% 75.1% 5.7% 15.7% -79.2% 119.3%
Cash Dividends 28.60
34.40
51.71
64.50
56.94
57.34
57.70
59.79
63.10
40.42
16.57
growth rate 20.3% 50.3% 24.7% -11.7% 0.7% 0.6% 3.6% 5.5% -35.9% -59.0%
Cash From OA 126.30
169.20
62.05
213.58
130.08
19.64
85.80
107.18
108.55
58.58
65.06
growth rate 34.0% -63.3% 244.2% -39.1% -84.9% 336.8% 24.9% 1.3% -46.0% 11.1%
FCF per Share 0.38
1.18
1.28
0.01
0.85
0.12
0.69
0.88
0.93
0.90
0.33
growth rate 210.5% 8.5% -99.2% 8,400.0% -85.9% 475.0% 27.5% 5.7% -3.2% -63.3%
Sale Purchase of Stock 1.33
16.74
9.58
7.08
7.16
growth rate 1,156.8% -42.8% -26.1% 1.2%
FCF 55.00
98.00
-9.00
92.00
79.00
7.00
65.00
83.00
84.00
53.00
54.00
growth rate 78.2% -100.0% 100.0% -14.1% -91.1% 828.6% 27.7% 1.2% -36.9% 1.9%
Income Statement Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Sales 346.20
386.50
403.09
499.27
285.15
160.45
245.64
306.39
295.64
156.64
206.69
growth rate 11.6% 4.3% 23.9% -42.9% -43.7% 53.1% 24.7% -3.5% -47.0% 32.0%
Op.Income 146.90
173.10
110.27
186.76
13.72
-28.30
41.93
100.06
80.02
2.06
36.85
growth rate 17.8% -36.3% 69.4% -92.7% -100.0% 100.0% 138.7% -20.0% -97.4% 1,691.6%
IBT 111.80
59.70
41.97
162.95
-16.86
-58.11
39.22
92.10
74.00
10.00
43.66
growth rate -46.6% -29.7% 288.3% -100.0% 0.0% 100.0% 134.8% -19.7% -86.5% 336.7%
Net Income 86.20
39.90
23.66
112.10
-14.61
-41.79
25.19
62.94
54.11
6.57
33.85
growth rate -53.7% -40.7% 373.9% -100.0% 0.0% 100.0% 149.9% -14.0% -87.9% 415.3%
EPS 1.04
0.48
0.29
1.34
-0.17
-0.49
0.30
0.73
0.63
0.08
0.41
growth rate -53.9% -39.6% 362.1% -100.0% 0.0% 100.0% 143.3% -13.7% -87.3% 412.5%
Gross Profit 226.80
261.20
268.21
346.12
164.70
70.61
138.58
188.89
175.65
78.82
119.02
growth rate 15.2% 2.7% 29.1% -52.4% -57.1% 96.3% 36.3% -7.0% -55.1% 51.0%
R&D 17.40
22.50
27.25
35.43
31.73
22.85
25.22
27.00
30.44
26.98
32.22
growth rate 29.3% 21.1% 30.0% -10.4% -28.0% 10.4% 7.1% 12.8% -11.4% 19.4%

Quarterly Statements

Item Name Jun '21 Sep '21 Dec '21 Mar '22 Jun '22
Earnings BIT 4.61
15.03
14.15
21.98
23.97
growth rate 226.2% -5.9% 55.3% 9.1%
Balance Sheet Jun '21 Sep '21 Dec '21 Mar '22 Jun '22
Acct.Receivable 40.83
51.70
49.83
61.64
63.90
growth rate 26.6% -3.6% 23.7% 3.7%
Acct.Payable 17.58
25.98
8.61
24.29
31.41
growth rate 47.8% -66.9% 182.2% 29.3%
Cur.Assets 193.64
218.22
226.57
238.33
262.46
growth rate 12.7% 3.8% 5.2% 10.1%
Total Assets 354.11
377.55
379.94
387.04
410.31
growth rate 6.6% 0.6% 1.9% 6.0%
Cash 135.03
147.08
158.28
172.06
186.95
growth rate 8.9% 7.6% 8.7% 8.7%
Inventory 7.15
growth rate
Cur.Liabilities 28.63
38.55
42.48
55.98
60.73
growth rate 34.7% 10.2% 31.8% 8.5%
Liabilities 58.02
70.29
72.16
70.27
78.97
growth rate 21.1% 2.7% -2.6% 12.4%
LT Debt
growth rate
Equity 298.62
310.10
311.48
321.03
336.14
growth rate 3.8% 0.4% 3.1% 4.7%
Common Shares 163.95
163.23
162.57
163.85
163.96
growth rate -0.4% -0.4% 0.8% 0.1%
Cash Flow Statement Jun '21 Sep '21 Dec '21 Mar '22 Jun '22
Capital Expenditures 4.06
1.65
3.08
4.33
6.60
growth rate -59.4% 86.6% 40.7% 52.3%
Cash Dividends 4.16
4.12
4.12
6.57
6.58
growth rate -1.0% 0.1% 59.3% 0.2%
Cash From OA 9.84
17.07
27.06
28.05
25.68
growth rate 73.5% 58.5% 3.7% -8.5%
Sale Purchase of Stock
growth rate
FCF 5.78
15.42
23.98
23.72
19.08
growth rate 166.8% 55.5% -1.1% -19.5%
Income Statement Jun '21 Sep '21 Dec '21 Mar '22 Jun '22
Sales 43.59
57.71
62.83
74.47
73.61
growth rate 32.4% 8.9% 18.5% -1.2%
Op.Income 4.61
15.03
14.15
21.98
23.97
growth rate 226.2% -5.9% 55.3% 9.1%
IBT 6.88
18.01
13.52
23.33
25.18
growth rate 161.8% -25.0% 72.6% 7.9%
Net Income 5.31
13.07
11.15
18.57
18.54
growth rate 146.4% -14.7% 66.6% -0.2%
EPS
growth rate
Gross Profit 23.74
34.98
36.65
46.18
44.43
growth rate 47.3% 4.8% 26.0% -3.8%
R&D 7.85
8.95
8.30
8.84
9.29
growth rate 14.0% -7.2% 6.5% 5.1%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

F (0.00)

YOY Growth Grade:

F (12.84)

Click on buttons above for detailed yearly growth rates.

Market Ratios

  • Dividend Yield: 2.2%

  • Beta: 1.74

    Beta of 1.7409 suggests that the asset is more volatile than the rest of the market.

  • PE: -1,642.50

  • EY: -0.1%

  • PEG: -1.00

    PEG Ratio of -1.00 suggests that annual EPS growth is negative, which is a bad sign.

  • PEGY: -1.00

    PEGY Ratio of -1.00 suggests that annual EPS growth is negative, which is a bad sign.

  • Price/BVPS: 31.61

Profitability Ratios

  • ROE: 10.9%

    Return on Equity (ROE) of 10.9% suggests that management is inefficient or it could reflect a highly capitalized, conservatively operated business with little long term debt.

  • ROS: 17.8%

    The value of Return on Sales depends on the business and/or industry. Usually the higher ratio the better.

  • ROA: 11.5%

    Return on Assets (ROA). Low ratio usually means poor performance, or ineffective use of assets by management. High ratio usually means good performance.

  • ROI: 14.0%

    Return on Investment (ROI) of 14.0% suggests that management is inefficient or it could reflect a highly capitalized, conservatively operated business with little long term debt.

  • ROIC: 19.2%

    Return on Invested Capital (ROIC) of 19.2% suggests that a company is doing well.

Liquidity Ratios

  • Current Ratio: 5.33

    Current Ratio of 5.33 suggests that money that could be working for the business is tied up in government securities, cash savings or other safe funds.

  • Quick Ratio: 4.90

    Quick Ratio of 4.90 suggests that a company is doing well.

  • Cash Turnover: 1.12

    Turnover Of Cash Ratio of 1.12 suggests that a company may have funds tied up in short-term low-yielding assets or may have a cash surplus, which is not invested in the business.

  • Equity Ratio: 82.0%

    Equity Ratio of 82.0% suggests that a large percent of the company's assets financed by shareholder equity, which is good.

  • Debt/Equity: 23.2%

    Debt to Equity Ratio of 23.2% suggests that a company is doing well.

  • Debt/FCF: 0.15

    Debt/FCF of 0.15 suggests that a company is doing well and can pay off its long term debt within three years.

Efficiency Ratios

  • Avg Collection Period: 87.99

    Average Collection Period of 87.99 days suggests a slow turnover, which may be the result of a number of bad accounts, or a tax collection policy or perhaps credit is being used to generate sales.

  • Inventory Turnover:

  • Cash Flow Ratio: 7.27

    Cash Flow Ratio of 7.27 suggests a company is doing OK, but lower inventory is generally viewed as a positive trend.

  • Profit Margin: 16.4%

Value Price

Current EPS is negative, therefore value price cannot be calculated.

PE and EPS

Historical Current Forward
PE 55.55 -1,655.14 49.34
EPS / Growth 12.4% -0.07 1.2%

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 1.0%

Estimates Pessimistic Moderate Optimistic My Numbers
Rate of Return 15.0%
MOS Price % 50 %
Future EPS Growth 1.0% 1.1% 1.1%
Future PE 2.00 35.70 35.70
Future EPS 0.00 0.00 0.00
Value Price
MOS %		 0.00
-100.0% 		0.00
-100.0% 		0.00
-100.0%
MOS Price 0.00 0.00 0.00
IRT 99.00 99.00 99.00

Graham Number:

Current EPS is negative, therefore Graham Number cannot be calculated.
NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

  • Graham Number: 0.00
  • Graham MOS: -100.0%

Price Chart

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