Logo image of PSD.CA

PULSE SEISMIC INC (PSD.CA) Stock Fundamental Analysis

TSX:PSD - Toronto Stock Exchange - CA74586Q1090 - Common Stock - Currency: CAD

2.7  +0.2 (+8%)

Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to PSD. PSD was compared to 27 industry peers in the Energy Equipment & Services industry. PSD has an excellent financial health rating, but there are some minor concerns on its profitability. PSD is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

PSD had positive earnings in the past year.
PSD had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PSD reported negative net income in multiple years.
In the past 5 years PSD always reported a positive cash flow from operatings.
PSD.CA Yearly Net Income VS EBIT VS OCF VS FCFPSD.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M -20M -40M

1.2 Ratios

PSD has a Return On Assets of 48.82%. This is amongst the best in the industry. PSD outperforms 96.30% of its industry peers.
PSD's Return On Equity of 56.45% is amongst the best of the industry. PSD outperforms 92.59% of its industry peers.
PSD has a better Return On Invested Capital (56.62%) than 100.00% of its industry peers.
Industry RankSector Rank
ROA 48.82%
ROE 56.45%
ROIC 56.62%
ROA(3y)18.2%
ROA(5y)7.54%
ROE(3y)27.88%
ROE(5y)9.23%
ROIC(3y)N/A
ROIC(5y)N/A
PSD.CA Yearly ROA, ROE, ROICPSD.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40

1.3 Margins

PSD has a better Profit Margin (31.51%) than 96.30% of its industry peers.
PSD has a Operating Margin of 46.51%. This is amongst the best in the industry. PSD outperforms 100.00% of its industry peers.
Industry RankSector Rank
OM 46.51%
PM (TTM) 31.51%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
PSD.CA Yearly Profit, Operating, Gross MarginsPSD.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50 -50

10

2. Health

2.1 Basic Checks

PSD has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
PSD has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, PSD has less shares outstanding
The debt/assets ratio for PSD is higher compared to a year ago.
PSD.CA Yearly Shares OutstandingPSD.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M 50M
PSD.CA Yearly Total Debt VS Total AssetsPSD.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M

2.2 Solvency

PSD has an Altman-Z score of 27.47. This indicates that PSD is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of PSD (27.47) is better than 100.00% of its industry peers.
The Debt to FCF ratio of PSD is 0.01, which is an excellent value as it means it would take PSD, only 0.01 years of fcf income to pay off all of its debts.
PSD has a Debt to FCF ratio of 0.01. This is amongst the best in the industry. PSD outperforms 100.00% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that PSD is not too dependend on debt financing.
PSD has a better Debt to Equity ratio (0.01) than 100.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.01
Altman-Z 27.47
ROIC/WACC7.03
WACC8.05%
PSD.CA Yearly LT Debt VS Equity VS FCFPSD.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M -20M 40M -40M

2.3 Liquidity

PSD has a Current Ratio of 3.85. This indicates that PSD is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 3.85, PSD belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
A Quick Ratio of 3.85 indicates that PSD has no problem at all paying its short term obligations.
PSD has a better Quick ratio (3.85) than 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 3.85
Quick Ratio 3.85
PSD.CA Yearly Current Assets VS Current LiabilitesPSD.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 133.89% over the past year.
The Revenue has grown by 40.31% in the past year. This is a very strong growth!
PSD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 30.88% yearly.
EPS 1Y (TTM)133.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-471.76%
Revenue 1Y (TTM)40.31%
Revenue growth 3Y51.06%
Revenue growth 5Y30.88%
Sales Q2Q%-46.58%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y25%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.04%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
PSD.CA Yearly Revenue VS EstimatesPSD.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
PSD.CA Yearly EPS VS EstimatesPSD.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 0.1 -0.1 0.2 0.3 0.4

4

4. Valuation

4.1 Price/Earnings Ratio

PSD is valuated correctly with a Price/Earnings ratio of 12.86.
PSD's Price/Earnings is on the same level as the industry average.
PSD's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 30.43.
Based on the Price/Forward Earnings ratio of 53.47, the valuation of PSD can be described as expensive.
PSD's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. PSD is more expensive than 77.78% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, PSD is valued quite expensively.
Industry RankSector Rank
PE 12.86
Fwd PE 53.47
PSD.CA Price Earnings VS Forward Price EarningsPSD.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

The rest of the industry has a similar Enterprise Value to EBITDA ratio as PSD.
PSD's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. PSD is cheaper than 62.96% of the companies in the same industry.
Industry RankSector Rank
P/FCF 7.38
EV/EBITDA 5
PSD.CA Per share dataPSD.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.2 0.4 0.6

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PSD has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.51
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

3

5. Dividend

5.1 Amount

PSD has a Yearly Dividend Yield of 2.40%.
PSD's Dividend Yield is a higher than the industry average which is at 14.05.
Compared to an average S&P500 Dividend Yield of 2.30, PSD has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2.4%

5.2 History

PSD has been paying a dividend for at least 10 years, so it has a reliable track record.
PSD has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
PSD.CA Yearly Dividends per sharePSD.CA Yearly Dividends per shareYearly Dividends per share 2015 2017 2021 2022 2023 2024 0.1 0.2 0.3

5.3 Sustainability

PSD pays out 146.97% of its income as dividend. This is not a sustainable payout ratio.
DP146.97%
EPS Next 2YN/A
EPS Next 3YN/A
PSD.CA Yearly Income VS Free CF VS DividendPSD.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M -20M -40M
PSD.CA Dividend Payout.PSD.CA Dividend Payout, showing the Payout Ratio.PSD.CA Dividend Payout.PayoutRetained Earnings

PULSE SEISMIC INC

TSX:PSD (2/18/2025, 7:00:00 PM)

2.7

+0.2 (+8%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-13 2025-02-13
Earnings (Next)04-22 2025-04-22
Inst Owners20.39%
Inst Owner ChangeN/A
Ins Owners1.42%
Ins Owner ChangeN/A
Market Cap137.27M
Analysts45.71
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.4%
Yearly Dividend0.2
Dividend Growth(5Y)N/A
DP146.97%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 12.86
Fwd PE 53.47
P/S 3.96
P/FCF 7.38
P/OCF 7.28
P/B 7.09
P/tB 17.95
EV/EBITDA 5
EPS(TTM)0.21
EY7.78%
EPS(NY)0.05
Fwd EY1.87%
FCF(TTM)0.37
FCFY13.54%
OCF(TTM)0.37
OCFY13.74%
SpS0.68
BVpS0.38
TBVpS0.15
PEG (NY)0.51
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 48.82%
ROE 56.45%
ROCE 81.61%
ROIC 56.62%
ROICexc 90.64%
ROICexgc 1761.5%
OM 46.51%
PM (TTM) 31.51%
GM N/A
FCFM 53.63%
ROA(3y)18.2%
ROA(5y)7.54%
ROE(3y)27.88%
ROE(5y)9.23%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover1.55
Health
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.01
Debt/EBITDA 0.01
Cap/Depr 2.94%
Cap/Sales 0.78%
Interest Coverage 250
Cash Conversion 74.54%
Profit Quality 170.18%
Current Ratio 3.85
Quick Ratio 3.85
Altman-Z 27.47
F-Score8
WACC8.05%
ROIC/WACC7.03
Cap/Depr(3y)1.26%
Cap/Depr(5y)84.2%
Cap/Sales(3y)0.31%
Cap/Sales(5y)51.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)133.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-471.76%
EPS Next Y25%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)40.31%
Revenue growth 3Y51.06%
Revenue growth 5Y30.88%
Sales Q2Q%-46.58%
Revenue Next Year4.04%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y102.26%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-37.64%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y22.56%
FCF growth 3Y90.1%
FCF growth 5YN/A
OCF growth 1Y23.73%
OCF growth 3Y83.45%
OCF growth 5YN/A