Company Valuation: Pason Systems Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 951.2 1,300 1,286 1,083 932.7 1,130 - -
Change - 36.68% -1.05% -15.78% -13.91% 21.12% - -
Enterprise Value (EV) 1 799.1 1,133 1,128 1,018 883.1 1,053 1,002 948.8
Change - 41.81% -0.49% -9.71% -13.26% 19.19% -4.79% -5.33%
P/E 28.1x 12.3x 13.4x 8.95x 17.6x 17.6x 13.1x 11.7x
PBR - - - - - - - -
PEG - 0x -1.94x 0.3x -0.3x 0.8x 0.4x 1x
Capitalization / Revenue 4.6x 3.88x 3.48x 2.62x 2.22x 2.61x 2.41x 2.29x
EV / Revenue 3.87x 3.38x 3.05x 2.46x 2.11x 2.44x 2.14x 1.93x
EV / EBITDA 11x 7.1x 6.58x 6.29x 5.76x 6.43x 5.3x 4.67x
EV / EBIT - - - - - - - -
EV / FCF 14.6x 16.1x 11.6x 18.8x 13.9x 14.3x 10.7x 9.58x
FCF Yield 6.86% 6.21% 8.6% 5.31% 7.17% 6.98% 9.33% 10.4%
Dividend per Share 2 0.2 0.36 0.48 0.52 0.52 0.52 0.52 0.52
Rate of return 1.73% 2.26% 2.97% 3.82% 4.34% 3.57% 3.57% 3.57%
EPS 2 0.41 1.3 1.21 1.52 0.68 0.825 1.108 1.243
Distribution rate 48.8% 27.7% 39.7% 34.2% 76.5% 63% 47% 41.8%
Net sales 1 206.7 335 369.3 414.1 419.3 432 468.3 492.7
EBITDA 1 72.52 159.5 171.5 161.8 153.4 163.8 189.2 203
EBIT 46.83 - - - - - - -
Net income 1 33.84 107.6 97.54 121.5 53.15 70.5 78.4 65
Net Debt 1 -152.1 -166.9 -158.8 -65.36 -49.61 -77.05 -127.4 -180.8
Reference price 2 11.54 15.94 16.17 13.61 11.99 14.55 14.55 14.55
Nbr of stocks (in thousands) 82,429 81,562 79,557 79,609 77,791 77,640 - -
Announcement Date 2/22/22 3/2/23 2/28/24 2/27/25 2/26/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.7x2.45x6.45x3.56% 808M
23.29x2.35x10.92x2.18% 79.34B
19.26x2.36x13.32x1.68% 54.26B
16.04x2.22x9.69x4.62% 30.6B
15.43x1.53x8.56x1.91% 29.58B
23.11x2.54x12.52x0.28% 28B
28.02x4.6x18.24x1.03% 14.37B
13.54x1.29x5.42x3.63% 10.49B
32.19x0.53x4.69x3.63% 9.84B
20.95x0.8x7.05x2.08% 6.87B
Average 20.95x 2.07x 9.69x 2.46% 26.41B
Weighted average by Cap. 20.85x 2.24x 11.01x 2.18%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Pason Systems Inc.

Historical PBR trend

Valuation ratios - PBR - Pason Systems Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Pason Systems Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Pason Systems Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Pason Systems Inc.
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