Profire Energy, Inc.

NasdaqCM:PFIE Stock Report

Market Cap: US$116.4m

Profire Energy Valuation

Is PFIE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PFIE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PFIE ($2.52) is trading below our estimate of fair value ($4.12)

Significantly Below Fair Value: PFIE is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PFIE?

Key metric: As PFIE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PFIE. This is calculated by dividing PFIE's market cap by their current earnings.
What is PFIE's PE Ratio?
PE Ratio13x
EarningsUS$8.97m
Market CapUS$116.42m

Price to Earnings Ratio vs Peers

How does PFIE's PE Ratio compare to its peers?

The above table shows the PE ratio for PFIE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.4x
GIFI Gulf Island Fabrication
6.5xn/aUS$113.5m
DTI Drilling Tools International
15x44.3%US$122.9m
ESOA Energy Services of America
10.5x-78.2%US$253.5m
NGS Natural Gas Services Group
21.6x16.8%US$347.8m
PFIE Profire Energy
13x1.4%US$116.4m

Price-To-Earnings vs Peers: PFIE is good value based on its Price-To-Earnings Ratio (13x) compared to the peer average (13.4x).

Price to Earnings Ratio vs Industry

How does PFIE's PE Ratio compare vs other companies in the US Energy Services Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NCSM NCS Multistage Holdings
1.3x-107.5%US$57.59m
BASX.Q Basic Energy Services
n/an/aUS$24.00
No more companies available in this PE range
PFIE 13.0xIndustry Avg. 16.2xNo. of Companies7PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PFIE is good value based on its Price-To-Earnings Ratio (13x) compared to the US Energy Services industry average (16.2x).

Price to Earnings Ratio vs Fair Ratio

What is PFIE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PFIE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13x
Fair PE Ratio7.8x

Price-To-Earnings vs Fair Ratio: PFIE is expensive based on its Price-To-Earnings Ratio (13x) compared to the estimated Fair Price-To-Earnings Ratio (7.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PFIE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$2.52
US$3.03
+20.0%
15.7%US$3.50US$2.55n/a2
Nov ’25US$2.51
US$3.03
+20.5%
15.7%US$3.50US$2.55n/a2
Oct ’25US$1.70
US$3.75
+120.6%
6.7%US$4.00US$3.50n/a2
Sep ’25US$1.86
US$3.75
+101.6%
6.7%US$4.00US$3.50n/a2
Aug ’25US$1.61
US$3.75
+132.9%
6.7%US$4.00US$3.50n/a2
Jul ’25US$1.42
US$3.75
+164.1%
6.7%US$4.00US$3.50n/a2
Jun ’25US$1.54
US$3.75
+143.5%
6.7%US$4.00US$3.50n/a2
May ’25US$1.80
US$3.75
+108.3%
6.7%US$4.00US$3.50n/a2
Apr ’25US$1.86
US$3.75
+101.6%
6.7%US$4.00US$3.50n/a2
Mar ’25US$1.48
US$3.75
+153.4%
6.7%US$4.00US$3.50n/a2
Feb ’25US$1.58
US$3.75
+137.3%
6.7%US$4.00US$3.50n/a2
Jan ’25US$1.81
US$3.75
+107.2%
6.7%US$4.00US$3.50n/a2
Dec ’24US$1.73
US$3.75
+116.8%
6.7%US$4.00US$3.50n/a2
Nov ’24US$1.85
US$3.25
+75.7%
7.7%US$3.50US$3.00US$2.512
Oct ’24US$2.78
US$3.25
+16.9%
7.7%US$3.50US$3.00US$1.702
Sep ’24US$2.83
US$2.25
-20.5%
33.3%US$3.00US$1.50US$1.862
Aug ’24US$1.39
US$2.25
+62.5%
33.3%US$3.00US$1.50US$1.612
Jul ’24US$1.23
US$2.25
+82.9%
33.3%US$3.00US$1.50US$1.422
Jun ’24US$1.24
US$2.25
+81.5%
33.3%US$3.00US$1.50US$1.542
May ’24US$1.15
US$2.28
+97.8%
31.9%US$3.00US$1.55US$1.802
Apr ’24US$1.24
US$2.28
+83.5%
31.9%US$3.00US$1.55US$1.862
Mar ’24US$1.14
US$2.28
+99.6%
31.9%US$3.00US$1.55US$1.482
Feb ’24US$1.11
US$2.28
+105.0%
31.9%US$3.00US$1.55US$1.582
Jan ’24US$1.06
US$2.18
+106.0%
27.8%US$3.00US$1.55US$1.813
Dec ’23US$1.11
US$2.18
+96.7%
27.8%US$3.00US$1.55US$1.733
Nov ’23US$0.99
US$2.28
+129.8%
31.9%US$3.00US$1.55US$1.852

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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