NasdaqCM:PFIE

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Executive Summary

Profire Energy, Inc., an oilfield technology company, provides burner-management products and services for the oil and gas industry in North America. More Details


Snowflake Analysis

Flawless balance sheet with moderate growth potential.

Share Price & News

How has Profire Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PFIE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PFIE's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

9.1%

PFIE

11.7%

US Energy Services

2.8%

US Market


1 Year Return

-35.3%

PFIE

-33.1%

US Energy Services

19.7%

US Market

Return vs Industry: PFIE underperformed the US Energy Services industry which returned -33.1% over the past year.

Return vs Market: PFIE underperformed the US Market which returned 19.7% over the past year.


Shareholder returns

PFIEIndustryMarket
7 Day9.1%11.7%2.8%
30 Day25.0%44.6%8.0%
90 Day21.6%20.8%6.8%
1 Year-35.3%-35.3%-30.9%-33.1%22.4%19.7%
3 Year-51.9%-51.9%-56.1%-59.6%47.3%37.5%
5 Year-31.8%-31.8%-59.3%-66.6%93.6%72.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Profire Energy undervalued compared to its fair value and its price relative to the market?

38.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PFIE ($0.9) is trading below our estimate of fair value ($1.47)

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


Price To Earnings Ratio

PE vs Industry: PFIE is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.

PE vs Market: PFIE is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PFIE is overvalued based on its PB Ratio (1x) compared to the US Energy Services industry average (0.7x).


Next Steps

Future Growth

How is Profire Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

86.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PFIE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: PFIE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PFIE's is expected to become profitable in the next 3 years.

Revenue vs Market: PFIE's revenue (5.6% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: PFIE's revenue (5.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PFIE's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Profire Energy performed over the past 5 years?

6.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PFIE is currently unprofitable.

Growing Profit Margin: PFIE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PFIE is unprofitable, but has reduced losses over the past 5 years at a rate of 6.7% per year.

Accelerating Growth: Unable to compare PFIE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PFIE is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-38.2%).


Return on Equity

High ROE: PFIE has a negative Return on Equity (-8.51%), as it is currently unprofitable.


Next Steps

Financial Health

How is Profire Energy's financial position?


Financial Position Analysis

Short Term Liabilities: PFIE's short term assets ($24.6M) exceed its short term liabilities ($2.1M).

Long Term Liabilities: PFIE's short term assets ($24.6M) exceed its long term liabilities ($505.0K).


Debt to Equity History and Analysis

Debt Level: PFIE is debt free.

Reducing Debt: PFIE has not had any debt for past 5 years.

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

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


Balance Sheet


Next Steps

Dividend

What is Profire Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if PFIE'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 PFIE'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?

0.3yrs

Average management tenure


CEO

Cam Tidball (43 yo)

0.33

Tenure

US$375,910

Compensation

Mr. Cameron M. Tidball, also known as Cam, serves as Co-Chief Executive Officer and Co-President of Profire Energy, Inc. since July 2, 2020. He served as Chief Business Development Officer of Profire Energ...


CEO Compensation Analysis

Compensation vs Market: Cam's total compensation ($USD375.91K) is below average for companies of similar size in the US market ($USD561.41K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Brenton Hatch
Executive Chairman12yrsUS$922.33k18.81%
$ 7.8m
Cameron Tidball
Co-CEO & Co-President0.33yrUS$375.91k0.72%
$ 298.5k
Ryan Oviatt
Co-CEO, Co-President2.08yrsUS$401.90k0.37%
$ 153.6k
Jay Fugal
Vice President of Operations2.25yrsno data0.052%
$ 21.4k
Patrick Fisher
Vice President of Product Developmentno datano data0.21%
$ 86.2k
Todd Fugal
In-House Counselno datano datano data

0.3yrs

Average Tenure

43yo

Average Age

Experienced Management: PFIE's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Brenton Hatch
Executive Chairman12yrsUS$922.33k18.81%
$ 7.8m
Ryan Oviatt
Co-CEO, Co-President2.08yrsUS$401.90k0.37%
$ 153.6k
Ronald Spoehel
Independent Director7.08yrsUS$120.00k0.66%
$ 271.2k
James Solomon
Member of Board of Advisors9.08yrsno datano data
Daren Shaw
Independent Director7.25yrsUS$120.00k0.66%
$ 273.0k
Colleen Bell
Director0.25yrno datano data

7.2yrs

Average Tenure

62.5yo

Average Age

Experienced Board: PFIE's board of directors are considered experienced (7.2 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: PFIE insiders have only sold shares 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

Profire Energy, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Profire Energy, Inc.
  • Ticker: PFIE
  • Exchange: NasdaqCM
  • Founded:
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: US$41.245m
  • Shares outstanding: 47.96m
  • Website: https://www.profireenergy.com

Number of Employees


Location

  • Profire Energy, Inc.
  • 321 South 1250 West
  • Suite 1
  • Lindon
  • Utah
  • 84042
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PFIENasdaqCM (Nasdaq Capital Market)YesCommon SharesUSUSDFeb 2007
PFRDB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2007

Biography

Profire Energy, Inc., an oilfield technology company, provides burner-management products and services for the oil and gas industry in North America. The company assists energy production companies in the ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 00:14
End of Day Share Price2020/11/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.