NasdaqGS:GEOS

Stock Analysis Report

Executive Summary

Geospace Technologies Corporation designs and manufactures instruments and equipment used in the oil and gas industry to acquire seismic data in order to locate, characterize, and monitor hydrocarbon producing reservoirs.


Snowflake Analysis

Flawless balance sheet with questionable track record.


Similar Companies

Share Price & News

How has Geospace Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GEOS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

8.9%

GEOS

19.6%

US Energy Services

8.0%

US Market


1 Year Return

-53.1%

GEOS

-67.8%

US Energy Services

-8.1%

US Market

Return vs Industry: GEOS exceeded the US Energy Services industry which returned -72.5% over the past year.

Return vs Market: GEOS underperformed the US Market which returned -15.9% over the past year.


Shareholder returns

GEOSIndustryMarket
7 Day8.9%19.6%8.0%
30 Day-15.5%-6.7%-4.5%
90 Day-56.8%-59.5%-17.8%
1 Year-53.1%-53.1%-66.7%-67.8%-6.0%-8.1%
3 Year-55.6%-55.6%-76.2%-79.5%21.3%13.2%
5 Year-69.8%-69.8%-79.1%-82.9%39.1%23.7%

Price Volatility Vs. Market

How volatile is Geospace Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Geospace Technologies undervalued compared to its fair value and its price relative to the market?

20.17x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GEOS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GEOS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GEOS is poor value based on its PE Ratio (20.6x) compared to the Energy Services industry average (9.7x).

PE vs Market: GEOS is poor value based on its PE Ratio (20.6x) compared to the US market (12.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GEOS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GEOS is overvalued based on its PB Ratio (0.5x) compared to the US Energy Services industry average (0.3x).


Next Steps

Future Growth

How is Geospace Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

48.8%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Geospace Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Geospace Technologies performed over the past 5 years?

9.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GEOS has a high level of non-cash earnings.

Growing Profit Margin: GEOS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: GEOS has become profitable over the past 5 years, growing earnings by 9.6% per year.

Accelerating Growth: GEOS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GEOS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (-34.4%).


Return on Equity

High ROE: GEOS's Return on Equity (2.5%) is considered low.


Next Steps

Financial Health

How is Geospace Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: GEOS's short term assets ($71.9M) exceed its short term liabilities ($16.4M).

Long Term Liabilities: GEOS's short term assets ($71.9M) exceed its long term liabilities ($10.0M).


Debt to Equity History and Analysis

Debt Level: GEOS is debt free.

Reducing Debt: GEOS had no debt 5 years ago.

Debt Coverage: GEOS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GEOS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Geospace Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GEOS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate GEOS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GEOS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GEOS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GEOS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.3yrs

Average management tenure


CEO

Rick Wheeler (66yo)

6.25s

Tenure

US$596,442

Compensation

Mr. Walter R. Wheeler, also known as Rick, has been the Chief Executive Officer and President of Geospace Technologies Corporation since January 1, 2014. Mr. Wheeler serves as Director of Geospace Technolo ...


CEO Compensation Analysis

Compensation vs Market: Rick's total compensation ($USD596.44K) is about average for companies of similar size in the US market ($USD626.39K).

Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Walter Wheeler
President6.25yrsUS$596.44k0.67% $611.0k
Michael Sheen
Senior VP22.42yrsUS$595.91k0.34% $309.4k
Robert Curda
VP, CFO & Secretary0.25yrno data0.091% $82.2k
Robbin Adams
Executive VP & Chief Project Engineer8.25yrsUS$472.67k0.29% $260.0k

7.3yrs

Average Tenure

64yo

Average Age

Experienced Management: GEOS's management team is seasoned and experienced (7.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Walter Wheeler
President6.25yrsUS$596.44k0.67% $611.0k
Michael Sheen
Senior VP22.42yrsUS$595.91k0.34% $309.4k
Gary Owens
Independent Chairman of the Board22.67yrsUS$112.40k1.68% $1.5m
Charles Still
Lead Director5.17yrsUS$110.15k0.10% $90.3k
Thomas Davis
Independent Director22.42yrsUS$101.15k0.20% $179.0k
Richard Miles
Independent Director6.92yrsUS$110.15k0.15% $136.8k
William Moody
Independent Director 15.75yrsUS$110.15k0.13% $118.2k
Tina Langtry
Independent Director8yrsUS$110.15k0.066% $59.6k
Edgar Giesinger
Independent Director4.42yrsUS$101.15k0.063% $57.1k

8.0yrs

Average Tenure

71yo

Average Age

Experienced Board: GEOS's board of directors are considered experienced (8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Geospace Technologies Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Geospace Technologies Corporation
  • Ticker: GEOS
  • Exchange: NasdaqGS
  • Founded: 1980
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: US$90.712m
  • Shares outstanding: 13.66m
  • Website: https://www.geospace.com

Number of Employees


Location

  • Geospace Technologies Corporation
  • 7007 Pinemont Drive
  • Houston
  • Texas
  • 77040
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GEOSNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 1997
OYODB (Deutsche Boerse AG)YesCommon StockDEEURNov 1997

Biography

Geospace Technologies Corporation designs and manufactures instruments and equipment used in the oil and gas industry to acquire seismic data in order to locate, characterize, and monitor hydrocarbon producing reservoirs. The company operates through three segments: Oil and Gas Markets, Adjacent Markets, and Emerging Markets. The Oil and Gas Markets segment offers wireless seismic data acquisition systems, reservoir characterization products and services, and traditional seismic exploration products, such as geophones, hydrophones, leader wires, connectors, cables, marine streamer retrieval and steering devices, and various other seismic products. The Adjacent Markets segment provides industrial products, including imaging equipment, water meter products, and offshore cables, as well as seismic sensors for vibration monitoring and geotechnical applications, such as mine safety and earthquake detection applications; and electronic pre-press products that employ direct thermal imaging and digital inkjet printing technologies targeted at the commercial graphic, industrial graphic, textile, and flexographic printing industries. The Emerging Markets segment designs and sells products used for border and perimeter security surveillance, cross-border tunneling detection, and other products targeted at movement monitoring, intrusion detection, and situational awareness. This segment serves customers that include various agencies of the United States government, including the Department of Defense, Department of Energy, Department of Homeland Security, and other agencies. It operates in Asia, Canada, Europe, the United States, and internationally. Geospace Technologies Corporation was founded in 1980 and is headquartered in Houston, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/09 00:43
End of Day Share Price2020/04/08 00:00
Earnings2019/12/31
Annual Earnings2019/09/30


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 here.