PASON SYSTEMS INC (PSI.CA) Stock Fundamental Analysis
TSX:PSI • CA7029251088
12.98 CAD
+0.09 (+0.7%)
Last: Feb 26, 2026, 07:00 PM
PSI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 27 industry peers in the Energy Equipment & Services industry. PSI scores excellent points on both the profitability and health parts. This is a solid base for a good stock. PSI has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- PSI had positive earnings in the past year.
- In the past year PSI had a positive cash flow from operations.
- Each year in the past 5 years PSI has been profitable.
- PSI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- PSI has a Return On Assets of 10.49%. This is amongst the best in the industry. PSI outperforms 81.48% of its industry peers.
- The Return On Equity of PSI (12.58%) is better than 77.78% of its industry peers.
- PSI has a better Return On Invested Capital (13.35%) than 85.19% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for PSI is significantly below the industry average of 177.00%.
- The 3 year average ROIC (21.07%) for PSI is well above the current ROIC(13.35%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.49% | ||
| ROE | 12.58% | ||
| ROIC | 13.35% |
ROA(3y)20.89%
ROA(5y)14.68%
ROE(3y)25.28%
ROE(5y)17.77%
ROIC(3y)21.07%
ROIC(5y)14.41%
1.3 Margins
- PSI has a better Profit Margin (14.85%) than 96.30% of its industry peers.
- PSI's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 21.09%, PSI belongs to the top of the industry, outperforming 92.59% of the companies in the same industry.
- In the last couple of years the Operating Margin of PSI has declined.
- Looking at the Gross Margin, with a value of 46.20%, PSI belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
- PSI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.09% | ||
| PM (TTM) | 14.85% | ||
| GM | 46.2% |
OM growth 3Y10.25%
OM growth 5Y-2.18%
PM growth 3Y21.46%
PM growth 5Y9.9%
GM growth 3Y2.51%
GM growth 5Y1.3%
2. Health
2.1 Basic Checks
- PSI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- Compared to 1 year ago, PSI has less shares outstanding
- The number of shares outstanding for PSI has been reduced compared to 5 years ago.
- The debt/assets ratio for PSI has been reduced compared to a year ago.
2.2 Solvency
- PSI has an Altman-Z score of 8.21. This indicates that PSI is financially healthy and has little risk of bankruptcy at the moment.
- PSI has a Altman-Z score of 8.21. This is amongst the best in the industry. PSI outperforms 92.59% of its industry peers.
- PSI has a debt to FCF ratio of 0.26. This is a very positive value and a sign of high solvency as it would only need 0.26 years to pay back of all of its debts.
- PSI has a Debt to FCF ratio of 0.26. This is amongst the best in the industry. PSI outperforms 96.30% of its industry peers.
- PSI has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
- PSI's Debt to Equity ratio of 0.03 is amongst the best of the industry. PSI outperforms 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.26 | ||
| Altman-Z | 8.21 |
ROIC/WACC1.67
WACC7.98%
2.3 Liquidity
- PSI has a Current Ratio of 2.53. This indicates that PSI is financially healthy and has no problem in meeting its short term obligations.
- PSI's Current ratio of 2.53 is amongst the best of the industry. PSI outperforms 81.48% of its industry peers.
- PSI has a Quick Ratio of 2.29. This indicates that PSI is financially healthy and has no problem in meeting its short term obligations.
- With an excellent Quick ratio value of 2.29, PSI belongs to the best of the industry, outperforming 85.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.53 | ||
| Quick Ratio | 2.29 |
3. Growth
3.1 Past
- The earnings per share for PSI have decreased strongly by -45.07% in the last year.
- The Earnings Per Share has been growing by 19.26% on average over the past years. This is quite good.
- The Revenue has been growing slightly by 4.60% in the past year.
- The Revenue has been growing slightly by 6.98% on average over the past years.
EPS 1Y (TTM)-45.07%
EPS 3Y54.77%
EPS 5Y19.26%
EPS Q2Q%-46.67%
Revenue 1Y (TTM)4.6%
Revenue growth 3Y26.07%
Revenue growth 5Y6.98%
Sales Q2Q%-4.65%
3.2 Future
- Based on estimates for the next years, PSI will show a very negative growth in Earnings Per Share. The EPS will decrease by -14.22% on average per year.
- Based on estimates for the next years, PSI will show a small growth in Revenue. The Revenue will grow by 2.31% on average per year.
EPS Next Y-49.94%
EPS Next 2Y-24.3%
EPS Next 3Y-14.22%
EPS Next 5YN/A
Revenue Next Year-0.71%
Revenue Next 2Y0.99%
Revenue Next 3Y2.31%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 16.64 indicates a correct valuation of PSI.
- Based on the Price/Earnings ratio, PSI is valued a bit cheaper than 62.96% of the companies in the same industry.
- When comparing the Price/Earnings ratio of PSI to the average of the S&P500 Index (27.21), we can say PSI is valued slightly cheaper.
- PSI is valuated correctly with a Price/Forward Earnings ratio of 14.90.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of PSI is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.13, PSI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.64 | ||
| Fwd PE | 14.9 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PSI is on the same level as its industry peers.
- PSI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.13 | ||
| EV/EBITDA | 6.45 |
4.3 Compensation for Growth
- PSI has an outstanding profitability rating, which may justify a higher PE ratio.
- PSI's earnings are expected to decrease with -14.22% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.86
EPS Next 2Y-24.3%
EPS Next 3Y-14.22%
5. Dividend
5.1 Amount
- PSI has a Yearly Dividend Yield of 4.21%, which is a nice return.
- PSI's Dividend Yield is rather good when compared to the industry average which is at 1.12. PSI pays more dividend than 96.30% of the companies in the same industry.
- PSI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.21% |
5.2 History
- The dividend of PSI decreases each year by -6.84%.
- PSI has paid a dividend for at least 10 years, which is a reliable track record.
- PSI has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-6.84%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- 65.89% of the earnings are spent on dividend by PSI. This is not a sustainable payout ratio.
- The Dividend Rate of PSI has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP65.89%
EPS Next 2Y-24.3%
EPS Next 3Y-14.22%
TSX:PSI (2/26/2026, 7:00:00 PM)
12.98
+0.09 (+0.7%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)11-06 2025-11-06/amc
Earnings (Next)02-26 2026-02-26
Inst Owners50.14%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap1.01B
Revenue(TTM)418.18M
Net Income(TTM)62.11M
Analysts75
Price Target14.99 (15.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.21% |
Yearly Dividend0.52
Dividend Growth(5Y)-6.84%
DP65.89%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-16.56%
Min EPS beat(2)-30.11%
Max EPS beat(2)-3.01%
EPS beat(4)0
Avg EPS beat(4)-12.18%
Min EPS beat(4)-30.11%
Max EPS beat(4)-3.01%
EPS beat(8)2
Avg EPS beat(8)5.38%
EPS beat(12)6
Avg EPS beat(12)8.72%
EPS beat(16)10
Avg EPS beat(16)12.99%
Revenue beat(2)0
Avg Revenue beat(2)-2.11%
Min Revenue beat(2)-2.33%
Max Revenue beat(2)-1.89%
Revenue beat(4)2
Avg Revenue beat(4)0.98%
Min Revenue beat(4)-2.33%
Max Revenue beat(4)5.42%
Revenue beat(8)3
Avg Revenue beat(8)0.66%
Revenue beat(12)6
Avg Revenue beat(12)1.11%
Revenue beat(16)10
Avg Revenue beat(16)2.1%
PT rev (1m)1.38%
PT rev (3m)-0.68%
EPS NQ rev (1m)-17.86%
EPS NQ rev (3m)-17.86%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.05%
Revenue NQ rev (1m)0.72%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.64 | ||
| Fwd PE | 14.9 | ||
| P/S | 2.41 | ||
| P/FCF | 16.13 | ||
| P/OCF | 8.05 | ||
| P/B | 2.05 | ||
| P/tB | 3.51 | ||
| EV/EBITDA | 6.45 |
EPS(TTM)0.78
EY6.01%
EPS(NY)0.87
Fwd EY6.71%
FCF(TTM)0.8
FCFY6.2%
OCF(TTM)1.61
OCFY12.42%
SpS5.38
BVpS6.35
TBVpS3.7
PEG (NY)N/A
PEG (5Y)0.86
Graham Number10.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.49% | ||
| ROE | 12.58% | ||
| ROCE | 17% | ||
| ROIC | 13.35% | ||
| ROICexc | 15.63% | ||
| ROICexgc | 29.24% | ||
| OM | 21.09% | ||
| PM (TTM) | 14.85% | ||
| GM | 46.2% | ||
| FCFM | 14.97% |
ROA(3y)20.89%
ROA(5y)14.68%
ROE(3y)25.28%
ROE(5y)17.77%
ROIC(3y)21.07%
ROIC(5y)14.41%
ROICexc(3y)33.47%
ROICexc(5y)23.4%
ROICexgc(3y)43.92%
ROICexgc(5y)30.65%
ROCE(3y)26.83%
ROCE(5y)18.34%
ROICexgc growth 3Y15.99%
ROICexgc growth 5Y-2.42%
ROICexc growth 3Y2.27%
ROICexc growth 5Y-9.42%
OM growth 3Y10.25%
OM growth 5Y-2.18%
PM growth 3Y21.46%
PM growth 5Y9.9%
GM growth 3Y2.51%
GM growth 5Y1.3%
F-Score5
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.26 | ||
| Debt/EBITDA | 0.1 | ||
| Cap/Depr | 108.95% | ||
| Cap/Sales | 15.02% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 86% | ||
| Profit Quality | 100.8% | ||
| Current Ratio | 2.53 | ||
| Quick Ratio | 2.29 | ||
| Altman-Z | 8.21 |
F-Score5
WACC7.98%
ROIC/WACC1.67
Cap/Depr(3y)151.24%
Cap/Depr(5y)102.27%
Cap/Sales(3y)12.92%
Cap/Sales(5y)9.47%
Profit Quality(3y)67.88%
Profit Quality(5y)234.54%
High Growth Momentum
Growth
EPS 1Y (TTM)-45.07%
EPS 3Y54.77%
EPS 5Y19.26%
EPS Q2Q%-46.67%
EPS Next Y-49.94%
EPS Next 2Y-24.3%
EPS Next 3Y-14.22%
EPS Next 5YN/A
Revenue 1Y (TTM)4.6%
Revenue growth 3Y26.07%
Revenue growth 5Y6.98%
Sales Q2Q%-4.65%
Revenue Next Year-0.71%
Revenue Next 2Y0.99%
Revenue Next 3Y2.31%
Revenue Next 5YN/A
EBIT growth 1Y-13.32%
EBIT growth 3Y38.99%
EBIT growth 5Y4.65%
EBIT Next Year-25.4%
EBIT Next 3Y-4.47%
EBIT Next 5YN/A
FCF growth 1Y-21.94%
FCF growth 3Y-1.81%
FCF growth 5Y-9.47%
OCF growth 1Y-1.68%
OCF growth 3Y23.71%
OCF growth 5Y2.57%
PASON SYSTEMS INC / PSI.CA FAQ
What is the fundamental rating for PSI stock?
ChartMill assigns a fundamental rating of 7 / 10 to PSI.CA.
Can you provide the valuation status for PASON SYSTEMS INC?
ChartMill assigns a valuation rating of 4 / 10 to PASON SYSTEMS INC (PSI.CA). This can be considered as Fairly Valued.
What is the profitability of PSI stock?
PASON SYSTEMS INC (PSI.CA) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for PSI stock?
The Earnings per Share (EPS) of PASON SYSTEMS INC (PSI.CA) is expected to decline by -49.94% in the next year.
How sustainable is the dividend of PASON SYSTEMS INC (PSI.CA) stock?
The dividend rating of PASON SYSTEMS INC (PSI.CA) is 6 / 10 and the dividend payout ratio is 65.89%.