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Pason Systems Inc.TSX:PSI Stock Report

Market Cap CA$1.2b
Share Price
CA$14.56
CA$16
9.0% undervalued intrinsic discount
1Y32.8%
7D6.4%
Portfolio Value
View

Pason Systems Inc.

TSX:PSI Stock Report

Market Cap: CA$1.2b

Pason Systems (PSI) Stock Overview

Provides instrumentation and data management systems for oil and gas drilling in Canada, the United States, and internationally. More details

PSI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends3/6

PSI Community Fair Values

Create Narrative

See what 16 others think this stock is worth. Follow their fair value or set your own to get alerts.

Pason Systems Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Pason Systems
Historical stock prices
Current Share PriceCA$14.87
52 Week HighCA$15.47
52 Week LowCA$10.95
Beta0.59
1 Month Change12.40%
3 Month Change16.81%
1 Year Change32.77%
3 Year Change28.97%
5 Year Change73.31%
Change since IPO3,030.53%

Recent News & Updates

Narrative Update Jan 11

PSI: Future Share Buybacks Will Support Undervalued Upside Potential

Analysts have trimmed their price target for Pason Systems by about $0.70, reflecting slightly lower assumed revenue growth and P/E multiples, partly offset by a modestly higher profit margin outlook. What's in the News Pason Systems Inc.

Recent updates

Narrative Update Jan 11

PSI: Future Share Buybacks Will Support Undervalued Upside Potential

Analysts have trimmed their price target for Pason Systems by about $0.70, reflecting slightly lower assumed revenue growth and P/E multiples, partly offset by a modestly higher profit margin outlook. What's in the News Pason Systems Inc.
Analysis Article Dec 03

Pason Systems (TSE:PSI) Is Paying Out A Dividend Of CA$0.13

The board of Pason Systems Inc. ( TSE:PSI ) has announced that it will pay a dividend on the 31st of December, with...
Analysis Article Nov 14

Pason Systems' (TSE:PSI) Sluggish Earnings Might Be Just The Beginning Of Its Problems

A lackluster earnings announcement from Pason Systems Inc. ( TSE:PSI ) last week didn't sink the stock price. We think...
Analysis Article Nov 10

Pason Systems' (TSE:PSI) Dividend Will Be CA$0.13

The board of Pason Systems Inc. ( TSE:PSI ) has announced that it will pay a dividend on the 31st of December, with...
Analysis Article Aug 12

Pason Systems (TSE:PSI) Has Affirmed Its Dividend Of CA$0.13

Pason Systems Inc. ( TSE:PSI ) has announced that it will pay a dividend of CA$0.13 per share on the 29th of September...
Analysis Article Jul 19

Investors Aren't Buying Pason Systems Inc.'s (TSE:PSI) Earnings

Pason Systems Inc.'s ( TSE:PSI ) price-to-earnings (or "P/E") ratio of 13x might make it look like a buy right now...
Analysis Article May 05

Pason Systems (TSE:PSI) Has Announced A Dividend Of CA$0.13

Pason Systems Inc. ( TSE:PSI ) will pay a dividend of CA$0.13 on the 30th of June. This makes the dividend yield 4.5...
User avatar
New Narrative Mar 11

Integration Of Intelligent Wellhead Systems Will Expand Revenue But May Impact Margins

Strategic acquisitions and technological advancements in Completions, drilling, and analytics are key drivers for revenue growth and margin expansion.
Analysis Article Mar 02

Analyst Estimates: Here's What Brokers Think Of Pason Systems Inc. (TSE:PSI) After Its Annual Report

Last week, you might have seen that Pason Systems Inc. ( TSE:PSI ) released its full-year result to the market. The...
Analysis Article Feb 01

Benign Growth For Pason Systems Inc. (TSE:PSI) Underpins Its Share Price

With a price-to-earnings (or "P/E") ratio of 9.3x Pason Systems Inc. ( TSE:PSI ) may be sending bullish signals at the...
Analysis Article Nov 14

We Think That There Are More Issues For Pason Systems (TSE:PSI) Than Just Sluggish Earnings

A lackluster earnings announcement from Pason Systems Inc. ( TSE:PSI ) last week didn't sink the stock price. Our...
Analysis Article Oct 03

The Market Doesn't Like What It Sees From Pason Systems Inc.'s (TSE:PSI) Earnings Yet

Pason Systems Inc.'s ( TSE:PSI ) price-to-earnings (or "P/E") ratio of 9.5x might make it look like a buy right now...
Analysis Article Aug 02

Are Investors Undervaluing Pason Systems Inc. (TSE:PSI) By 34%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Pason Systems fair value estimate is CA$24.63 Current share...
Analysis Article Jun 04

Earnings Working Against Pason Systems Inc.'s (TSE:PSI) Share Price

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") above 15x, you may consider Pason...
Analysis Article May 10

We Think That There Are Some Issues For Pason Systems (TSE:PSI) Beyond Its Promising Earnings

The recent earnings posted by Pason Systems Inc. ( TSE:PSI ) were solid, but the stock didn't move as much as we...
Analysis Article Apr 26

Pason Systems Inc.'s (TSE:PSI) CEO Looks Due For A Compensation Raise

Key Insights Pason Systems to hold its Annual General Meeting on 2nd of May Salary of CA$485.0k is part of CEO Jon...
Analysis Article Mar 28

Pason Systems (TSE:PSI) Could Become A Multi-Bagger

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article Jan 30

There Is A Reason Pason Systems Inc.'s (TSE:PSI) Price Is Undemanding

With a price-to-earnings (or "P/E") ratio of 9.7x Pason Systems Inc. ( TSE:PSI ) may be sending bullish signals at the...
Analysis Article Dec 13

Analysts' Revenue Estimates For Pason Systems Inc. (TSE:PSI) Are Surging Higher

Shareholders in Pason Systems Inc. ( TSE:PSI ) may be thrilled to learn that the analysts have just delivered a major...
Analysis Article Dec 08

Pason Systems (TSE:PSI) Is Due To Pay A Dividend Of CA$0.12

Pason Systems Inc.'s ( TSE:PSI ) investors are due to receive a payment of CA$0.12 per share on 29th of December. Based...
Analysis Article Nov 09

Pason Systems' (TSE:PSI) Dividend Will Be CA$0.12

Pason Systems Inc.'s ( TSE:PSI ) investors are due to receive a payment of CA$0.12 per share on 29th of December. This...
Analysis Article Oct 02

Is Pason Systems Inc. (TSE:PSI) Trading At A 41% Discount?

Key Insights Pason Systems' estimated fair value is CA$23.03 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Mar 20

The Trend Of High Returns At Pason Systems (TSE:PSI) Has Us Very Interested

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Analysis Article Mar 07

Pason Systems (TSE:PSI) Is Increasing Its Dividend To CA$0.12

Pason Systems Inc. ( TSE:PSI ) will increase its dividend from last year's comparable payment on the 31st of March to...

Shareholder Returns

PSICA Energy ServicesCA Market
7D6.4%-3.8%1.0%
1Y32.8%67.0%34.0%

Return vs Industry: PSI underperformed the Canadian Energy Services industry which returned 72.9% over the past year.

Return vs Market: PSI underperformed the Canadian Market which returned 34.5% over the past year.

Price Volatility

Is PSI's price volatile compared to industry and market?
PSI volatility
PSI Average Weekly Movement5.0%
Energy Services Industry Average Movement7.3%
Market Average Movement10.3%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market4.0%

Stable Share Price: PSI has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: PSI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1978n/aJon Faberwww.pason.com

Pason Systems Inc., together with its subsidiaries, provides instrumentation and data management systems for oil and gas drilling in Canada, the United States, and internationally. The company offers AutoDriller, which delivers smooth payout to maximized rate of penetration and bit life; Communications, a suite of IT solutions that ensures effective collaboration between rig and office; DAS, an automation software delivering faster drilling and reduced wear; DataHub with Pason Live, a cloud service hosting customer well information along with a suite of real-time viewing applications; and DataLink, which connects the drilling data to the real time centres and third party. It also offers Electronic Choke Actuator, which remotely controls the choke valve from the doghouse, rig floor, or other locations on site; Electronic Drilling Recorder, a network of sensors, software, and displays providing real-time drilling data to rig site personnel; Gas Analyzer, which detects changes in relative volume of gases; Hazardous Gas Alarm System, a system that detects the presence of hazardous gases providing visible and audible alerts; Mud Analyzer, an automated rheology measurement in real-time; Pit Volume Totalizer, which measures tank volumes and flow rates from the mud system; and Toolface Control, a directional automation software.

Pason Systems Inc. Fundamentals Summary

How do Pason Systems's earnings and revenue compare to its market cap?
PSI fundamental statistics
Market capCA$1.17b
Earnings (TTM)CA$53.15m
Revenue (TTM)CA$419.27m
21.7x
P/E Ratio
2.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PSI income statement (TTM)
RevenueCA$419.27m
Cost of RevenueCA$172.85m
Gross ProfitCA$246.41m
Other ExpensesCA$193.26m
EarningsCA$53.15m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 08, 2026

Earnings per share (EPS)0.69
Gross Margin58.77%
Net Profit Margin12.68%
Debt/Equity Ratio0%

How did PSI perform over the long term?

See historical performance and comparison

Dividends

3.5%
Current Dividend Yield
77%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 05:08
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Pason Systems Inc. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dana BennerATB Cormark
John GibsonBMO Capital Markets Equity Research
Greg ColmanNational Bank Financial