Pason Systems Stock Net Income
| PSI Stock | CAD 14.16 0.01 0.07% |
Pason Systems fundamentals help investors to digest information that contributes to Pason Systems' financial success or failures. It also enables traders to predict the movement of Pason Stock. The fundamental analysis module provides a way to measure Pason Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pason Systems stock.
Pason |
Pason Systems Company Net Income Analysis
Pason Systems' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Pason Systems Net Income | 95.83 M |
Most of Pason Systems' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pason Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Pason Systems reported net income of 95.83 M. This is 95.78% lower than that of the Energy Equipment & Services sector and 104.41% higher than that of the Energy industry. The net income for all Canada stocks is 83.22% higher than that of the company.
Pason Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pason Systems' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pason Systems could also be used in its relative valuation, which is a method of valuing Pason Systems by comparing valuation metrics of similar companies.Pason Systems is currently under evaluation in net income category among its peers.
Pason Fundamentals
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.28 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 1.07 B | ||||
| Shares Outstanding | 79.62 M | ||||
| Shares Owned By Insiders | 0.13 % | ||||
| Shares Owned By Institutions | 47.17 % | ||||
| Number Of Shares Shorted | 1.38 M | ||||
| Price To Earning | 11.42 X | ||||
| Price To Book | 2.35 X | ||||
| Price To Sales | 2.85 X | ||||
| Revenue | 369.31 M | ||||
| Gross Profit | 212.56 M | ||||
| EBITDA | 161.5 M | ||||
| Net Income | 95.83 M | ||||
| Cash And Equivalents | 54.49 M | ||||
| Cash Per Share | 2.10 X | ||||
| Total Debt | 12.99 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 5.62 X | ||||
| Book Value Per Share | 6.04 X | ||||
| Cash Flow From Operations | 135.03 M | ||||
| Short Ratio | 11.31 X | ||||
| Earnings Per Share | 1.42 X | ||||
| Price To Earnings To Growth | 34.26 X | ||||
| Target Price | 18.3 | ||||
| Number Of Employees | 21 | ||||
| Beta | 1.56 | ||||
| Market Capitalization | 1.14 B | ||||
| Total Asset | 487.88 M | ||||
| Retained Earnings | 172.88 M | ||||
| Working Capital | 212.56 M | ||||
| Current Asset | 265.65 M | ||||
| Current Liabilities | 20.67 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 4.90 % | ||||
| Net Asset | 487.88 M | ||||
| Last Dividend Paid | 0.51 |
About Pason Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pason Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pason Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pason Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Pason Systems
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pason Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pason Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with Pason Stock
Moving against Pason Stock
| 0.86 | TC | Tucows Inc | PairCorr |
| 0.76 | SLF-PH | Sun Lif Non | PairCorr |
| 0.74 | DII-B | Dorel Industries | PairCorr |
| 0.37 | AIM | Aimia Inc | PairCorr |
| 0.35 | SAGE | Sage Potash Corp | PairCorr |
The ability to find closely correlated positions to Pason Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pason Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pason Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pason Systems to buy it.
The correlation of Pason Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pason Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pason Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pason Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Pason Stock
Pason Systems financial ratios help investors to determine whether Pason Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pason with respect to the benefits of owning Pason Systems security.