This report should not be construed as providing investment advice. It is for educational purposes only. Before making any investment decision, you should always do your own research or consult a investment professional.
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. Estimates Estimates Estimates
See my website on stocks or see my blog at the following sites. www.spbrunner.com/stocks.html www.spbrunner.blogspot.com/ Q2 2016
Pason Systems Inc. TSX: PSI OTC: PSYTF www.pason.com Fiscal Yr: Dec 31
Year 12/31/05 12/31/06 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 Value Description #Y Item Total G
Accounting Rules IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS Accounting Rules
$202.3 <-12 mths 26.09%
Revenue* $177.9 $240.6 $236.4 $292.5 $145.9 $249.6 $333.5 $386.5 $403.1 $499.3 $285.1 $160.4 $247 $273 -33.31% <-Total Growth 10 Revenue
Increase 45.59% 35.21% -1.72% 23.72% -50.14% 71.10% 33.64% 15.89% 4.29% 23.86% -42.89% -43.73% 53.95% 10.53% -3.97% <-IRR #YR-> 10 Revenue -33.31%
Revenue per Share $102.1 $137.6 $173.8 $213.9 $218.7 $233.0 $251.6 $281.6 $303.7 $374.4 $381.5 $346.9 $319 $293 -13.61% <-IRR #YR-> 5 Revenue -51.89%
Revenue per Share $2.31 $3.06 $2.94 $3.59 $1.79 $3.05 $4.07 $4.71 $4.91 $5.99 $3.39 $1.90 $2.92 $3.23 9.69% <-IRR #YR-> 10 5 yr Running Average 152.16%
Increase 42.73% 32.31% -3.69% 22.04% -50.16% 70.62% 33.33% 15.68% 4.15% 22.07% -43.36% -44.11% 53.95% 10.53% 6.64% <-IRR #YR-> 5 5 yr Running Average 37.88%
5 year Running Average $1.37 $1.80 $2.23 $2.70 $2.74 $2.89 $3.09 $3.44 $3.71 $4.55 $4.61 $4.18 $3.82 $3.48 -4.66% <-IRR #YR-> 10 Revenue per Share -37.95%
P/S (Price/Sales) Med 5.19 5.28 5.00 3.93 6.11 4.12 3.44 3.22 4.02 4.70 5.87 9.18 -14.18% <-IRR #YR-> 5 Revenue per Share -53.44%
P/S (Price/Sales) Close 6.26 4.34 4.24 3.91 6.51 4.57 2.95 3.64 4.68 3.65 5.72 10.36 6.20 5.61 8.79% <-IRR #YR-> 10 5 yr Running Average 132.17%
*Revenue in M CDN $ P/S Med 10 yr 4.41 5 yr 4.70 40.73% Diff M/C 6.22% <-IRR #YR-> 5 5 yr Running Average 35.24%
-$240.6 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $160.4
-$333.5 $0.0 $0.0 $0.0 $0.0 $160.4
-$137.6 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $346.9
-$251.6 $0.0 $0.0 $0.0 $0.0 $346.9
-$3.06 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.90
-$4.07 $0.00 $0.00 $0.00 $0.00 $1.90
-$0.05 <-12 mths 89.58%
EPS Basic $0.66 $0.83 $0.69 $0.75 -$0.07 $0.44 $1.05 $0.49 $0.29 $1.36 -$0.17 -$0.48 -157.83% <-Total Growth 10 EPS Basic
EPS Diluted* $0.64 $0.81 $0.68 $0.75 -$0.07 $0.44 $1.04 $0.48 $0.29 $1.34 -$0.17 -$0.48 $0.46 $0.59 -159.26% <-Total Growth 10 EPS Diluted
Increase 46.29% 26.56% -16.05% 10.29% -109.33% -728.57% 136.36% -53.85% -39.58% 362.07% -112.69% 182.35% -195.83% 28.26% #NUM! <-IRR #YR-> 10 Earnings per Share -159.26%
Earnings Yield 4.4% 6.1% 5.4% 5.3% -0.6% 3.2% 8.7% 2.8% 1.3% 6.1% -0.9% -2.4% 2.5% 3.3% #NUM! <-IRR #YR-> 5 Earnings per Share -146.15%
5 year Running Average $0.35 $0.47 $0.58 $0.66 $0.56 $0.52 $0.57 $0.53 $0.44 $0.72 $0.60 $0.29 $0.29 $0.35 -4.64% <-IRR #YR-> 10 5 yr Running Average -37.81%
10 year Running Average $0.35 $0.42 $0.40 $0.44 $0.52 $0.55 $0.55 $0.64 $0.56 $0.43 $0.41 $0.39 -12.46% <-IRR #YR-> 5 5 yr Running Average -48.59%
* Diluted ESP per share E/P 10 Yrs 2.98% 5Yrs 1.26%
-$0.81 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.48
-$1.04 $0.00 $0.00 $0.00 $0.00 -$0.48
-$0.47 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.29
-$0.57 $0.00 $0.00 $0.00 $0.00 $0.29
Comments *SA-Q Div
Special Dividend $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 10 Special Dividends
Dividend* $0.08 $0.10 $0.16 $0.19 $0.24 $0.30 $0.35 $0.42 $0.63 $0.61 $0.68 $0.68 $0.68 $0.68 $0.68 580.00% <-Total Growth 10 Dividends
Increase 33.33% 25.00% 60.00% 18.75% 26.32% 25.00% 16.67% 20.00% 50.00% -3.17% 11.48% 0.00% 0.00% 0.00% 0.00% Count 13 Years of data
Dividends 5 Yr Running $0.08 $0.12 $0.15 $0.20 $0.25 $0.30 $0.39 $0.46 $0.54 $0.60 $0.66 $0.67 $0.68 411.86% <-Total Growth 9 Dividends 5 Yr Running
Yield H/L Price 0.67% 0.62% 1.09% 1.35% 2.19% 2.38% 2.50% 2.77% 3.19% 2.17% 3.42% 3.91% 3.56% 2.44% <-Median-> 10 Yield H/L Price
Yield on High Price 0.53% 0.53% 0.90% 1.04% 1.85% 2.05% 2.13% 2.35% 2.69% 1.74% 3.00% 3.45% 3.21% 2.09% <-Median-> 10 Yield on High Price
Yield on Low Price 0.90% 0.75% 1.37% 1.90% 2.69% 2.85% 3.01% 3.38% 3.92% 2.87% 3.96% 4.50% 3.99% 2.94% <-Median-> 10 Yield on Low Price
Yield on Close Price 0.55% 0.75% 1.28% 1.35% 2.06% 2.15% 2.92% 2.45% 2.74% 2.79% 3.51% 3.46% 3.75% 3.75% 3.75% 2.60% <-Median-> 10 Yield on Close Price
Payout Ratio EPS 12.50% 12.35% 23.53% 25.33% -342.86% 68.18% 33.65% 87.50% 217.24% 45.52% neg neg 147.83% 115.25% #DIV/0! 39.59% <-Median-> 8 DPR EPS
DPR EPS 5 Yr Running 0.00% 0.00% 14.58% 17.78% 27.40% 37.93% 43.66% 56.82% 88.99% 64.35% 90.27% 206.85% 227.78% 191.38% #DIV/0! 50.24% <-Median-> 10 DPR EPS 5 Yr Running
Payout Ratio CFPS 1.03% 7.63% 15.29% 11.07% 22.95% 30.89% 22.69% 20.37% 83.42% 23.81% 43.95% 292.98% 67.33% 64.15% #DIV/0! 23.38% <-Median-> 10 DPR CF
DPR CF 5 Yr Running 3.77% 4.76% 5.99% 16.26% 19.62% 20.44% 30.42% 29.27% 31.76% 42.19% 53.71% 51.94% #DIV/0! 20.03% <-Median-> 10 DPR CF 5 Yr Running
Payout Ratio CFPS WC 1.00% 7.33% 12.39% 12.41% 47.29% 26.09% 19.72% 21.68% 42.06% 22.68% 60.64% 214.61% 67.33% 64.15% #DIV/0! 24.38% <-Median-> 10 DPR CF WC
DPR CF WC 5 Yr Running 3.53% 4.56% 6.05% 16.94% 19.82% 21.74% 28.25% 25.53% 29.82% 39.93% 49.43% 53.73% #DIV/0! 20.78% <-Median-> 10 DPR CF WC 5 Yr Running
Median Values 5 Yr Med 5 Yr Cl 3.19% 2.79% 5 Yr Med Payout 87.50% 43.95% 42.06% 21.13% <-IRR #YR-> 10 Dividends 580.00%
* Dividends per share 5 Yr Med and Cur. 17.62% 34.74% Last Div Inc ---> $0.15 $0.17 13.3% 14.21% <-IRR #YR-> 5 Dividends 94.29%
-$0.10 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.68
-$0.35 $0.00 $0.00 $0.00 $0.00 $0.68
Historical High Div 4.29% Low Div 0.53% Ave Div 2.41% Med Div 2.19% Close Div 2.15% Historical Dividends
Curr diff Exp. -12.47% 608.46% Cheap 55.80% Cheap 71.45% Cheap 74.72% High/Ave/Median
Future Dividend Yield Div Yd 11.92% earning in 5 Years at IRR of 26.00% Div Inc. 217.58% Future Dividend Yield
Future Dividend Yield Div Yd 37.87% earning in 10 Years at IRR of 26.00% Div Inc. 908.57% Future Dividend Yield
Future Dividend Yield Div Yd 120.27% earning in 15 Years at IRR of 26.00% Div Inc. 3103.01% Future Dividend Yield
Yield if held 5 years 4.19% 4.89% 5.82% 4.09% 3.07% 2.50% 2.17% 2.86% 4.47% 5.58% 5.41% 4.85% 4.48% 3.45% 2.42% 4.28% <-Median-> 10 Paid Median Price
Yield if held 10 years 13.82% 20.98% 15.71% 17.11% 15.27% 13.56% 7.80% 5.67% 4.22% 4.62% 4.82% 6.22% 13.82% <-Median-> 9 Paid Median Price
Yield if held 15 years 45.82% 53.33% 35.60% 33.25% 24.73% 14.64% 8.69% 40.71% <-Median-> 4 Paid Median Price
Yield if held 20 years 49.45% 59.45% #NUM! <-Median-> 0 Paid Median Price
Yield if held 25 years #DIV/0! #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 5 years 8.48% 12.81% 15.35% 12.70% 9.84% 8.25% 7.69% 10.20% 13.76% 21.12% 21.38% 21.54% 21.62% 16.87% 12.08% 13.23% <-Median-> 10 Paid Median Price
Cost covered if held 10 years 44.51% 74.49% 60.31% 73.45% 69.89% 54.47% 39.36% 30.68% 26.41% 32.49% 37.38% 52.19% 54.47% <-Median-> 9 Paid Median Price
Cost covered if held 15 years 185.60% 276.46% 201.15% 221.12% 189.16% 126.16% 82.81% 211.14% <-Median-> 4 Paid Median Price
Cost covered if held 20 years 427.78% 573.73% #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 25 years #DIV/0! #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Based on EPS 3 yrs trailing $3.78 $5.56 $6.91 $8.34 $7.97 $6.24 $6.14 $6.89 $8.10 $8.87 $9.60 $7.07 $4.73 #NUM! $4.30 27.15% <-Total Growth 10 Graham Price
Price/GP Ratio Med 3.18 2.90 2.13 1.69 1.37 2.01 2.28 2.20 2.44 3.17 2.07 2.46 4.04 2.17 <-Median-> 10 Price/GP Ratio
Price/GP Ratio High 4.01 3.42 2.57 2.18 1.63 2.35 2.68 2.60 2.89 3.95 2.36 2.79 4.48 2.58 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Low 2.35 2.38 1.69 1.20 1.12 1.68 1.89 1.80 1.98 2.39 1.79 2.13 3.60 1.80 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Close 3.83 2.38 1.81 1.68 1.46 2.24 1.96 2.49 2.84 2.47 2.02 2.78 3.83 2.13 <-Median-> 10 Price/GP Ratio
Prem/Disc Close 282.73% 138.38% 80.85% 68.48% 46.12% 123.56% 95.52% 148.79% 183.79% 146.69% 102.00% 177.67% 282.88% #NUM! 321.26% 112.78% <-Median-> 10 Graham Price
Graham No. $5.52 $7.32 $7.18 $8.57 $6.12 $6.15 $10.24 $6.97 $5.39 $13.22 $7.76 $6.88 $6.69 $7.58 $0.00 -6.00% <-Total Growth 10 Graham Price
Price/GP Ratio Med 2.17 2.20 2.05 1.65 1.79 2.04 1.37 2.18 3.66 2.13 2.56 2.53 2.86 2.09 <-Median-> 10 Price/GP Ratio
Price/GP Ratio High 2.74 2.60 2.47 2.12 2.12 2.38 1.60 2.57 4.34 2.65 2.92 2.87 3.16 2.52 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Low 1.60 1.81 1.63 1.17 1.46 1.71 1.13 1.78 2.98 1.61 2.21 2.20 2.55 1.67 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Close 2.62 1.81 1.74 1.64 1.90 2.27 1.17 2.46 4.26 1.66 2.50 2.86 2.71 2.39 #DIV/0! 2.09 <-Median-> 10 Price/GP Ratio
Prem/Disc Close 161.67% 81.26% 73.96% 63.93% 90.34% 126.93% 17.15% 146.18% 325.96% 65.53% 149.78% 185.61% 170.73% 139.05% #DIV/0! 108.64% <-Median-> 10 Graham Price
Month, Year Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19
Pre-Split 2006
Price Close $14.45 $13.26 $12.49 $14.05 $11.65 $13.96 $12.00 $17.15 $22.98 $21.89 $19.39 $19.64 $18.11 $18.11 $18.11 48.11% <-Total Growth 10 Stock Price
Increase 56.22% -8.24% -5.81% 12.49% -17.08% 19.83% -14.04% 42.92% 33.99% -4.74% -11.42% 1.29% -7.79% 0.00% 0.00% 4.01% <-IRR #YR-> 10 Stock Price 48.11%
P/E 22.58 16.37 18.37 18.73 -166.43 31.73 11.54 35.73 79.24 16.34 -114.06 -40.92 39.37 30.69 #DIV/0! 10.36% <-IRR #YR-> 5 Stock Price 63.67%
Trailing P/E 33.03 20.72 15.42 20.66 15.53 -199.43 27.27 16.49 47.88 75.48 14.47 -115.53 -37.73 39.37 30.69 6.52% <-IRR #YR-> 10 Price & Dividend
Median 10, 5 Yrs D. per yr 2.51% 4.09% % Tot Ret 38.51% 28.33% T P/E 16.49 P/E: 17.35 16.34 14.45% <-IRR #YR-> 5 Price & Dividend
-$13.26 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $19.64
-$12.00 $0.00 $0.00 $0.00 $0.00 $19.64
-$13.26 $0.16 $0.19 $0.24 $0.30 $0.35 $0.42 $0.63 $0.61 $0.68 $20.32
-$12.00 $0.42 $0.63 $0.61 $0.68 $20.32
Price H/L Median $12.00 $16.13 $14.71 $14.10 $10.94 $12.58 $14.02 $15.17 $19.74 $28.15 $19.91 $17.41 $19.11 7.94% <-Total Growth 10 Stock Price
Increase 53.29% 34.47% -8.80% -4.15% -22.41% 14.99% 11.45% 8.20% 30.09% 42.61% -29.26% -12.56% 9.76% 0.77% <-IRR #YR-> 10 Stock Price 7.94%
P/E 18.74 19.91 21.63 18.80 -156.29 28.59 13.48 31.60 68.05 21.00 -117.12 -36.27 41.54 4.43% <-IRR #YR-> 5 Stock Price 24.18%
Trailing P/E 27.42 25.20 18.16 20.74 14.59 -179.71 31.86 14.59 41.11 97.05 14.86 -102.41 -39.81 3.22% <-IRR #YR-> 10 Price & Dividend
P/E on Run. 5 yr Ave 34.13 34.36 25.41 21.25 19.47 24.10 24.68 28.73 45.26 39.20 33.41 59.62 66.35 8.34% <-IRR #YR-> 5 Price & Dividend
P/E on Run. 10 yr Ave 42.12 33.79 27.05 28.80 27.03 27.41 35.90 43.98 35.62 40.49 46.84 18.80 P/E Ratio Historical Median
Median 10, 5 Yrs D. per yr 2.45% 3.91% % Tot Ret 76.18% 46.90% T P/E 14.86 P/E: 19.90 21.00 Count 19 Years of data
-$16.13 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $17.41
-$14.02 $0.00 $0.00 $0.00 $0.00 $17.41
-$16.13 $0.16 $0.19 $0.24 $0.30 $0.35 $0.42 $0.63 $0.61 $0.68 $18.09
-$14.02 $0.42 $0.63 $0.61 $0.68 $18.09
High Months Nov Jun Jul Jun Sep Dec Apr Dec Oct Aug Apr Dec May
Pre-Split 2005
Pre-Split 2006
Price High $15.13 $19.00 $17.72 $18.20 $12.96 $14.65 $16.42 $17.91 $23.41 $35.04 $22.66 $19.72 $21.17 3.79% <-Total Growth 10 Stock Price
Increase 52.83% 25.58% -6.74% 2.71% -28.79% 13.04% 12.08% 9.07% 30.71% 49.68% -35.33% -12.97% 7.35% 0.37% <-IRR #YR-> 10 Stock Price 3.79%
P/E 23.64 23.46 26.06 24.27 -185.14 33.30 15.79 37.31 80.72 26.15 -133.29 -41.08 46.02 3.73% <-IRR #YR-> 5 Stock Price 20.10%
Trailing P/E 34.58 29.69 21.88 26.76 17.28 -209.29 37.32 17.22 48.77 120.83 16.91 -116.00 -44.10 23.64 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 17.22 P/E: 25.16 26.15 30.36 P/E Ratio Historical High
-$19.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $19.72
-$16.42 $0.00 $0.00 $0.00 $0.00 $19.72
Low Months Dec Dec Oct Mar May Dec Jan Mar Dec Jan Nov Aug
Price Low $8.86 $13.26 $11.70 $10.00 $8.92 $10.51 $11.62 $12.43 $16.06 $21.25 $17.16 $15.10 $17.05 13.88% <-Total Growth 10 Stock Price
Increase 54.09% 49.66% -11.76% -14.53% -10.80% 17.83% 10.56% 6.97% 29.20% 32.32% -19.25% -12.00% 12.91% 1.31% <-IRR #YR-> 10 Stock Price 13.88%
P/E 13.84 16.37 17.21 13.33 -127.43 23.89 11.17 25.90 55.38 15.86 -100.94 -31.46 37.07 5.38% <-IRR #YR-> 5 Stock Price 29.95%
Trailing P/E 20.25 20.72 14.44 14.71 11.89 -150.14 26.41 11.95 33.46 73.28 12.81 -88.82 -35.52 13.14 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 12.81 P/E: 14.60 15.86 6.82 P/E Ratio Historical Low
-$13.26 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $15.10
Long Term Debt $0.00 $0.00 $0.00 $0.00 yes=0 Debt
Change #DIV/0! #DIV/0! #DIV/0! #DIV/0! <-Median-> 0 Change
Ratio to Market Cap 0.00 0.00 0.00 0.00 0.00 <-Median-> 3 % of Market C.
Goodwill & Intangibles $19.56 $29.40 $58.07 $59.59 $65.26 $62.07 $57.64 $43.70 $39.66 Intangibles Goodwill
Change 50.31% 97.54% 2.62% 9.51% -4.89% -7.13% -24.19% -9.25% 2.62% <-Median-> 7 Change
Ratio to Market Cap 0.02 0.03 0.06 0.04 0.03 0.03 0.04 0.03 0.03 0.03 <-Median-> 8 % of Market C.
Market Cap $1,113 $1,044 $1,004 $1,144 $949 $1,141 $983 $1,407 $1,888 $1,825 $1,630 $1,662 $1,533 $1,533 $1,533 59.19% <-Total Growth 10 Market Cap
Diluted # of Shares in Million 88.017 84.136 82.572 82.679 82.747 83.749 83.675 84.365 0.27% <-Total Growth 7 Diluted
Change -4.41% -1.86% 0.13% 0.08% 1.21% -0.09% 0.82% 0.08% <-Median-> 7 Change
Basic # of Shares in Millions 74.658 77.899 79.586 81.426 81.476 81.525 81.851 81.968 82.098 82.647 83.363 84.365 8.30% <-Total Growth 10 Average
Change 0.00% 4.34% 2.17% 2.31% 0.06% 0.06% 0.40% 0.14% 0.16% 0.67% 0.87% 1.20% 0.53% <-Median-> 10 Change
Difference 3.2% 1.1% 1.0% 0.0% 0.0% 0.2% 0.1% 0.1% 0.1% 0.9% 0.8% 0.3% 0.17% <-Median-> 10 Difference
$59.35 <-12 mths 202.16%
# of Share in Millions 77.045 78.738 80.346 81.456 81.487 81.714 81.904 82.049 82.158 83.363 84.063 84.628 84.628 84.628 84.628 0.72% <-IRR #YR-> 10 Shares 7.48%
Change 2.01% 2.20% 2.04% 1.38% 0.04% 0.28% 0.23% 0.18% 0.13% 1.47% 0.84% 0.67% 0.00% 0.00% 0.00% 0.66% <-IRR #YR-> 5 Shares 3.33%
CF fr Op $M $596.4 $103.2 $84.1 $139.8 $85.2 $79.4 $126.33 $169.2 $62.0 $213.6 $130.1 $19.6 $85.5 $89.7 -80.97% <-Total Growth 10 Cash Flow
Increase 1271.40% -82.70% -18.55% 66.27% -39.02% -6.88% 59.19% 33.92% -63.32% 244.23% -39.10% -84.90% 335.16% 4.95% SO Buy Backs
5 year Running Average $142.1 $158.8 $173.0 $193.4 $201.7 $98.3 $102.9 $120.0 $104.4 $130.1 $140.2 $118.9 $102.2 $107.7 -25.10% <-Total Growth 10 CF 5 Yr Running
CFPS $7.74 $1.31 $1.05 $1.72 $1.05 $0.97 $1.54 $2.06 $0.76 $2.56 $1.55 $0.23 $1.01 $1.06 -82.29% <-Total Growth 10 Cash Flow per Share
Increase 1244.42% -83.07% -20.18% 64.01% -39.04% -7.14% 58.83% 33.68% -63.37% 239.25% -39.61% -85.00% 335.16% 4.95% -15.29% <-IRR #YR-> 10 Cash Flow -80.97%
5 year Running Average $1.86 $2.06 $2.24 $2.48 $2.57 $1.22 $1.26 $1.47 $1.28 $1.58 $1.69 $1.43 $1.22 $1.28 -31.08% <-IRR #YR-> 5 Cash Flow -84.45%
P/CF on Med Price 1.55 12.31 14.06 8.22 10.46 12.95 9.09 7.36 26.13 10.99 12.87 75.01 18.92 0.00 -15.90% <-IRR #YR-> 10 Cash Flow per Share -82.29%
P/CF on Closing Price 1.87 10.12 11.94 8.19 11.14 14.37 7.78 8.32 30.43 8.54 12.53 84.62 17.93 17.08 -31.53% <-IRR #YR-> 5 Cash Flow per Share -84.95%
50.35% Diff M/C -3.59% <-IRR #YR-> 10 CFPS 5 yr Running -30.63%
Excl.Working Capital CF $23.0 $4.3 $19.7 -$15.0 -$43.9 $14.6 $19.0 -$10.2 $61.0 $10.6 -$35.8 $7.2 $0.0 $0.0 2.52% <-IRR #YR-> 5 CFPS 5 yr Running 13.25%
CF fr Op $M WC $619.4 $107.5 $103.8 $124.7 $41.4 $94.0 $145.4 $158.9 $123.1 $224.2 $94.3 $26.8 $85.5 $89.7 -75.04% <-Total Growth 10 Cash Flow less WC
Increase 1033.54% -82.65% -3.43% 20.20% -66.84% 127.24% 54.68% 9.35% -22.57% 82.17% -57.96% -71.55% 218.76% 4.95% -12.96% <-IRR #YR-> 10 Cash Flow less WC -75.04%
5 year Running Average $151.6 $168.1 $185.1 $202.0 $199.3 $94.3 $101.8 $112.9 $112.5 $149.1 $149.2 $125.5 $110.8 $104.1 -28.68% <-IRR #YR-> 5 Cash Flow less WC -81.55%
CFPS Excl. WC $8.04 $1.36 $1.29 $1.53 $0.51 $1.15 $1.77 $1.94 $1.50 $2.69 $1.12 $0.32 $1.01 $1.06 -2.88% <-IRR #YR-> 10 CF less WC 5 Yr Run -25.36%
Increase 1011.23% -83.02% -5.36% 18.56% -66.86% 126.61% 54.32% 9.16% -22.67% 79.54% -58.31% -71.74% 218.76% 4.95% 4.26% <-IRR #YR-> 5 CF less WC 5 Yr Run 23.20%
5 year Running Average $1.99 $2.19 $2.39 $2.59 $2.55 $1.17 $1.25 $1.38 $1.37 $1.81 $1.80 $1.51 $1.33 $1.24 -13.59% <-IRR #YR-> 10 CF - Less WC -76.78%
P/CF on Median Price 1.49 11.82 11.39 9.21 21.56 10.94 7.90 7.83 13.17 10.46 17.76 54.95 18.92 0.00 -29.15% <-IRR #YR-> 5 CF - Less WC -82.15%
P/CF on Closing Price 1.80 9.72 9.67 9.18 22.96 12.14 6.76 8.85 15.34 8.14 17.29 61.98 17.93 17.08 -3.62% <-IRR #YR-> 10 5 yr Running Average -30.83%
*Operational Cash Flow per share CF/-WC P/CF Med 10 yr 11.93 5 yr 12.87 P/CF Med 10 yr 11.16 5 yr 13.17 60.61% Diff M/C 3.87% <-IRR #YR-> 5 5 yr Running Average 20.91%
-$1.31 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.23 Cash Flow per Share
-$1.54 $0.00 $0.00 $0.00 $0.00 $0.23 Cash Flow per Share
-$2.06 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.43 CFPS 5 yr Running
-$1.26 $0.00 $0.00 $0.00 $0.00 $1.43 CFPS 5 yr Running
-$107.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $26.8 Cash Flow less WC
-$145.4 $0.0 $0.0 $0.0 $0.0 $26.8 Cash Flow less WC
-$168.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $125.5 CF less WC 5 Yr Run
-$101.8 $0.0 $0.0 $0.0 $0.0 $125.5 CF less WC 5 Yr Run
-$1.36 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.32 CFPS - Less WC
-$1.77 $0.00 $0.00 $0.00 $0.00 $0.32 CFPS - Less WC
OPM 335.19% 42.89% 35.55% 47.78% 58.43% 31.80% 37.88% 43.77% 15.39% 42.78% 45.62% 12.24% -71.46% <-Total Growth 10 OPM
Increase 841.96% -87.20% -17.12% 34.39% 22.29% -45.58% 19.12% 15.56% -64.83% 177.91% 6.63% -73.16% Should increase or be stable.
Diff from Median 731.2% 6.4% -11.8% 18.5% 44.9% -21.2% -6.1% 8.5% -61.8% 6.1% 13.1% -69.6% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 40.33% 5 Yrs 42.78% should be zero, it is a check on calculations
Current Assets $68.42 $93.85 $101.25 $202.89 $162.33 $207.32 $209.28 $245.37 $195.86 $273.65 $265.65 $224.51 $224.51 Liquidity ratio of 1.5 and up, best
Current Liabilities $44.73 $35.35 $24.47 $50.56 $42.51 $79.75 $82.68 $82.00 $67.93 $67.08 $20.67 $26.09 $27.32 3.92 <-Median-> 10 Ratio
Liquidity Ratio 1.53 2.65 4.14 4.01 3.82 2.60 2.53 2.99 2.88 4.08 12.85 8.61 8.22 4.08 <-Median-> 5 Ratio
Liq. with CF aft div 14.72 5.35 7.05 6.47 5.36 3.29 3.71 4.64 3.03 6.51 16.38 7.15 9.24 6.51 <-Median-> 5 Ratio
Liq. CF re Inv+Div 5.64 1.72 1.66 3.06 2.55 1.97 1.65 2.44 1.48 2.40 4.57 4.84 9.24 2.44 <-Median-> 5 Ratio
Curr Long Term Debt $5.714 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000
Liquidity Less CLTD 1.75 2.65 4.14 4.01 3.82 2.60 2.53 2.99 2.88 4.08 12.85 8.61 8.22 4.08 <-Median-> 5 Ratio
Liq. with CF aft div 16.88 5.35 7.05 6.47 5.36 3.29 3.71 4.64 3.03 6.51 16.38 7.15 9.24 6.51 <-Median-> 5 Ratio
Assets $218.20 $270.86 $301.57 $427.02 $373.10 $424.17 $455.90 $488.38 $445.88 $570.07 $529.63 $435.25 $412.99 Debt Ratio of 1.5 and up, best
Liabilities $55.04 $39.65 $30.85 $72.43 $64.76 $111.81 $88.63 $119.68 $79.41 $86.54 $40.18 $48.60 $47.13 5.83 <-Median-> 10 Ratio
Debt Ratio 3.96 6.83 9.77 5.90 5.76 3.79 5.14 4.08 5.62 6.59 13.18 8.96 8.76 6.59 <-Median-> 5 Ratio
Book Value $163.16 $231.21 $270.72 $354.59 $308.34 $312.37 $367.27 $368.70 $366.47 $483.52 $489.45 $386.65 $365.87 $365.87 $365.87 67.23% <-Total Growth 10 Book Value
Book Value per share $2.12 $2.94 $3.37 $4.35 $3.78 $3.82 $4.48 $4.49 $4.46 $5.80 $5.82 $4.57 $4.32 $4.32 $4.32 55.59% <-Total Growth 10 Book Value per Share
Change 39.39% 38.66% 14.74% 29.20% -13.08% 1.03% 17.30% 0.21% -0.74% 30.03% 0.38% -21.53% -5.38% 0.00% 0.00% 15.77% P/B Ratio Current/Historical Median
P/B Ratio (Median) 5.66 5.49 4.37 3.24 2.89 3.29 3.13 3.38 4.42 4.85 3.42 3.81 4.42 3.62 P/B Ratio Historical Median
P/B Ratio (Close) 6.82 4.52 3.71 3.23 3.08 3.65 2.68 3.82 5.15 3.77 3.33 4.30 4.19 4.19 4.19 4.52% <-IRR #YR-> 10 Book Value 55.59%
Change 12.07% -33.82% -17.91% -12.93% -4.61% 18.61% -26.72% 42.62% 34.99% -26.74% -11.76% 29.08% -2.55% 0.00% 0.00% 0.37% <-IRR #YR-> 5 Book Value 1.89%
Leverage (A/BK) 1.34 1.17 1.11 1.20 1.21 1.36 1.24 1.32 1.22 1.18 1.08 1.13 1.13 1.21 <-Median-> 10 A/BV
Debt/Equity Ratio 0.34 0.17 0.11 0.20 0.21 0.36 0.24 0.32 0.22 0.18 0.08 0.13 0.13 0.21 <-Median-> 10 Debt/Eq Ratio
Sharerholders Equity (Assets less liabilities) P/BV 10 yr Med 3.40 5 yr Med 3.81 23.29% Diff M/C 1.24 Historical Leverage (A/BK)
-$2.94 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $4.57
-$4.48 $0.00 $0.00 $0.00 $0.00 $4.57
-$6.43 <-12 mths 88.68%
Comprehensive Income $35.70 $93.48 -$30.61 $29.48 $86.44 $37.37 $39.96 $136.95 $38.18 -$56.78 -259.07% <-Total Growth 9 Comprehensive Income
Increase 161.89% -132.75% 196.32% 193.16% -56.76% 6.93% 242.72% -72.12% -248.70% -56.76% <-Median-> 5 Comprehensive Income
5 Yr Running Average $42.90 $43.23 $32.53 $66.04 $67.78 $39.14 #NUM! <-IRR #YR-> 9 Comprehensive Income #DIV/0!
ROE 13.2% 26.4% -9.9% 9.4% 23.5% 10.1% 10.9% 28.3% 7.8% -14.7% #NUM! <-IRR #YR-> 5 Comprehensive Income -165.69%
5Yr Median 13.2% 10.1% 10.1% 10.9% 10.9% 10.1% -1.82% <-IRR #YR-> 5 5 Yr Running Average #DIV/0!
% Difference from NI -35.2% 52.4% 455.6% -17.0% 3.9% -6.3% 68.9% 22.2% -361.3% 39.8% -1.82% <-IRR #YR-> 5 5 Yr Running Average -8.76%
Median Values Diff 5, 10 yr 13.0% 22.2% 10.1% <-Median-> 5 Return on Equity
-$35.7 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$56.8
-$86.4 $0.0 $0.0 $0.0 $0.0 -$56.8
-$42.9 $0.0 $0.0 $0.0 $0.0 $39.1
-$42.9 $0.0 $0.0 $0.0 $0.0 $39.1
Current Liability Coverage Ratio 13.85 3.04 4.24 2.47 0.97 1.18 1.76 1.94 1.81 3.34 4.56 1.03 CFO / Current Liabilities
5 year Median 1.85 3.04 3.13 3.13 3.04 2.47 1.76 1.76 1.76 1.81 1.94 1.94 1.94 <-Median-> 5 Current Liability Cov Ratio
Asset Efficiency Ratio 283.86% 39.67% 34.41% 29.21% 11.08% 22.15% 31.88% 32.55% 27.60% 39.33% 17.80% 6.16% CFO / Total Assets
5 year Median 36.03% 39.31% 39.31% 39.31% 34.41% 29.21% 29.21% 29.21% 27.60% 31.88% 31.88% 27.60% 27.6% <-Median-> 5 Return on Assets
Return on Assets ROA 23.0% 72.5% 18.3% 14.4% -1.5% 8.4% 18.3% 8.2% 5.3% 19.7% -2.8% -9.3% Net Income/Assets Return on Assets
5Yr Median 21.9% 23.0% 23.0% 23.0% 18.3% 14.4% 14.4% 8.4% 8.2% 8.4% 8.2% 5.3% 5.3% <-Median-> 5 Asset Efficiency Ratio
Return on Equity ROE 30.8% 84.9% 20.3% 17.3% -1.8% 11.4% 22.7% 10.8% 6.5% 23.2% -3.0% -10.5% Net Inc/ Shareholders' equity Return on Equity
5Yr Median 29.3% 29.5% 29.5% 29.5% 20.3% 17.3% 17.3% 11.4% 10.8% 11.4% 10.8% 6.5% 6.5% <-Median-> 5 Return on Equity
-$4.39 <-12 mths 89.18%
Net Income $50.28 $196.35 $55.05 $61.32 -$5.51 $35.53 $83.22 $39.88 $23.66 $112.10 -$14.61 -$40.62 $37.2 $47.8 -120.69% <-Total Growth 10 Net Income
Increase 48.57% 290.51% -71.96% 11.39% -108.99% -744.86% 134.22% -52.08% -40.69% 373.91% -113.03% 178.00% -191.58% 28.49% EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average $26.8 $62.9 $72.0 $79.4 $71.5 $68.5 $45.9 $42.9 $35.4 $58.9 $48.9 $24.1 $23.5 $28.4 #NUM! <-IRR #YR-> 10 Net Income -120.69%
Operating Cash Flow $596.40 $103.20 $84.05 $139.76 $85.22 $79.36 $126.33 $169.18 $62.05 $213.58 $130.08 $19.64 #NUM! <-IRR #YR-> 5 Net Income -148.81%
Investment Cash Flow -$72.08 -$74.43 -$79.47 -$56.40 -$47.02 -$53.06 -$102.97 -$73.48 -$71.07 -$114.74 -$53.45 -$12.47 -9.16% <-IRR #YR-> 10 5 Yr Running Average -61.73%
Total Accruals -$474.04 $167.59 $50.47 -$22.04 -$43.72 $9.24 $59.86 -$55.81 $32.68 $13.26 -$91.23 -$47.80 -12.11% <-IRR #YR-> 5 5 Yr Running Average -47.56%
Total Assets $218.20 $270.86 $301.57 $427.02 $373.10 $424.17 $455.90 $488.38 $445.88 $570.07 $529.63 $435.25 Balance Sheet Assets
Accruals Ratio -217.25% 61.87% 16.74% -5.16% -11.72% 2.18% 13.13% -11.43% 7.33% 2.33% -17.23% -10.98% -10.98% <-Median-> 5 Ratio
EPS/CF Ratio 0.08 0.59 0.53 0.49 -0.14 0.38 0.59 0.25 0.19 0.50 -0.15 -1.51 0.32 <-Median-> 10 EPS/CF Ratio
-$196.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$40.6
-$83.2 $0.0 $0.0 $0.0 $0.0 -$40.6
-$62.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $24.1
-$45.9 $0.0 $0.0 $0.0 $0.0 $24.1
Chge in Close 56.22% -8.24% -5.81% 12.49% -17.08% 19.83% -14.04% 42.92% 33.99% -4.74% -11.42% 1.29% -7.79% 0.00% 0.00% Count 20 Years of data
up/down Down Up Down Down Up Up Down Up Down up up Count 17 85.00%
Meet Prediction? Yes Yes Yes yes % right Count 4 23.53%
Financial Cash Flow $7.59 -$0.45 $0.40 -$10.05 -$24.20 -$23.57 -$29.72 -$41.41 -$60.53 -$50.35 -$47.36 -$50.26 C F Statement Financial CF
Total Accruals -$481.62 $168.03 $50.07 -$11.99 -$19.51 $32.81 $89.58 -$14.41 $93.21 $63.61 -$43.87 $2.47 Accruals
Accruals Ratio -220.73% 62.04% 16.60% -2.81% -5.23% 7.73% 19.65% -2.95% 20.90% 11.16% -8.28% 0.57% 0.57% <-Median-> 5 Ratio
Cash -$6.46 $21.86 $23.16 $100.61 $109.85 $110.40 $104.99 $157.94 $89.52 $144.86 $195.85 $146.48 $166.52 Cash
Cash per Share -$0.08 $0.28 $0.29 $1.24 $1.35 $1.35 $1.28 $1.92 $1.09 $1.74 $2.33 $1.73 $1.97 $1.74 <-Median-> 5 Cash per Share
Percentage of Stock Price -0.58% 2.09% 2.31% 8.79% 11.57% 9.68% 10.68% 11.22% 4.74% 7.94% 12.02% 8.81% 10.87% 8.81% <-Median-> 5 % of Stock Price
Notes:
October 29, 2016. The last estimates was for 2016, and 2017 of $152M and $221M for Revenue, -$0.33 and $0.08 for EPS, $0.21 and 0.78 for CFPS and -$28.7M and $203M for Net Income.
October 31, 2016. The Last estimates were for 2015 and 2016 of $289M and $310M for Revenue, $0.08 and $0.48 for EPS, $1.04 and $1.16 for CFPS and $4.5M and $39.5M for Net Income.
November 1, 2015. Last estimates were for 2014 and 2015 of $484M, $536M and $602M for Revenue for 2015 to 2016, $1.40 and $1.80 for EPS, $2.56 and $2.78 for CFPS and $106M and $145M for Net Income.
October 26, 2014. The last estimates were for 2013 and 2014 of $390M and $437M for Revenue, $1.24 and $1.37 for EPS, $1.87 and 2.34 for CFPS.
October 15, 2013. Lower EPS due to $38 reverse re patent litigation and $24M Stock compension compared to $1M in 2011 due to increase in company's stock price.
Sector:
Services, Industrial
What should this stock accomplish?
Would I buy this company and Why.
I would be interested in the company if I was looking to buy an oil support company.
It is a dividend growth company. However, companies in or connected with resources sometimes cut or suspend dividends.
Why am I following this stock.
I read a report on this stock in the Buy and Sell Advisor in September 2013. I had not heard of this dividend growth company before so I decided to investigate it.
Dividends
Dividends are paid in cycle 1, that is January, April, July and October. Dividends are declared in one month and paid in the following month.
The dividend declared on November 4, 2013 was payable to shareholders of record of December 16, 2013 and was paid on January 2, 2013.
How they make their money.
Pason is the leading global provider of specialized data management systems for drilling rigs. Their solutions, which include data acquisition, well-site reporting, remote communications,
and web-based information management, enable collaboration between the rig and the office.
For most ratios, lower is better when looking for a good stock price. However, there are exceptions such as for yield (dividends and erarnings) and asset/liability ratios and here you want a higher ratios to indicate a good stock price.
Also, for the Operational Profit Margin, a higher percentage is better. With the OPM, you should only compare companies in similar industries.
Shares; '%, Value $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M
Date Oct 15 2013 Oct 26 2014 Nov 1 2015 Oct 31 2016 Oct 29 2017
Kessler, Marcel 0.012 0.01% 0.020 0.02% 0.034 0.04% 0.037 0.04% 0.037 0.04%
CEO - Shares - Amount $0.282 $0.439 $0.654 $0.722 $0.665
Options - percentage 0.213 0.26% 0.233 0.28% 0.915 1.09% 1.413 1.67% 1.705 2.01%
Options - amount $4.902 $5.108 $17.742 $27.758 $30.878
Faber, Jonathan 0.000 0.00% 0.003 0.00% 0.007 0.01% 0.007 0.01%
CFO - Shares - Amount $0.000 $0.058 $0.141 $0.130
Options - percentage 0.072 0.09% 0.432 0.51% 0.707 0.84% 0.880 1.04%
Options - amount $1.576 $8.376 $13.885 $15.937
Elliott, David Robert CFO 2013 0.001 0.00% 0.008 0.01%
Officer - Shares - Amount $0.016 $0.167
Options - percentage 0.186 0.23% 0.171 0.20%
Options - amount $4.286 $3.732
Dudar, Ronald 0.013 0.02% 0.015 0.02%
Officer - Shares - Amount $0.260 $0.269
Options - percentage 0.610 0.72% 0.561 0.66%
Options - amount $11.973 $10.162
Boston, Kevin 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.003 0.00% 0.008 0.01%
Officer - Shares - Amount $0.000 $0.000 $0.000 $0.059 $0.136
Options - percentage 0.073 0.09% 0.094 0.11% 0.265 0.31% 0.477 0.56% 0.674 0.80%
Options - amount $1.678 $2.058 $5.133 $9.362 $12.212
Collins, T. Jay 0.000 0.00% 0.000 0.00%
Director - Shares - Amount $0.000 $0.000
Options - percentage 0.032 0.04% 0.039 0.05%
Options - amount $0.636 $0.710
Brooks, Gilbert Allen 0.016 0.02% 0.016 0.02% 0.000 0.00% ceased to be insider May '16
Director - Shares - Amount $0.378 $0.360 $0.000
Options - percentage 0.021 0.03% 0.025 0.03% 0.000 0.00%
Options - amount $0.486 $0.538 $0.000
Hill, James Douglas 15.867 19.31% 12.517 15.02% 11.767 14.00% 10.767 12.72% 10.416 12.31% Could be overlap
Chairman & Founder $364.632 $274.003 $228.168 $211.469 $188.642 with J. D. Hill Inv.
Options - percentage 0.009 0.01% 0.000 0.00% 0.000 0.00% 0.036 0.04% 0.038 0.04%
Options - amount $0.209 $0.000 $0.000 $0.711 $0.680
J. D. Hill Investments Ltd 19.817 24.12% Last reported 2003
Shown as officer $455.401
Royce & Associates, LLC 10.501 12.78% not showing
10% Holder $241.315 in 2014
Options - percentage 0.009 0.01%
Options - amount $0.209
Increase in O/S Shares 0.190 0.23% 0.145 0.18% 0.109 0.13% 1.205 1.43% 0.700 0.83% 0.498 0.59%
due to SO $3.133 $2.391 $1.797 $23.365 $13.573 $9.781
Book Value $1.780 $2.625 $1.332 $33.102 $14.240 $10.413
Insider Buying -$0.640 -$0.333 -$0.676
Insider Selling $21.218 $19.137 $9.767
Net Insider Selling $12.925 $20.578 $18.804 $9.091
% of Market Cap 0.71% 1.26% 1.13% 0.59%
Directors 7 6 8 5 5
Women 0 0% 0 0% 1 13% 1 20% 1 20%
Minorities 0 0% 0 0% 0 0% 0 0% 0 0%
Institutions/Holdings 55 48.19% 68 48.12% 82 51.69% 77 60.39% 75 61.86%
Total Shares Held 39.571 48.16% 39.870 47.83% 43.221 51.42% 50.953 60.21% 52.530 62.07%
Increase/Decrease 1.297 $909.337 0.457 1.16% -3.418 -7.33% -1.153 -2.21% -5.674 -9.75%
Starting No. of Shares 38.274 39.413 46.639 52.107 58.204
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