Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Pulse Seismic

DB:PUD
Snowflake Description

Slightly overvalued with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PUD
DB
CA$49M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Pulse Seismic Inc. acquires, markets, and licenses two-dimensional (2D) and three-dimensional (3D) seismic data for the energy sector in Western Canada. The last earnings update was 53 days ago. More info.


Add to Portfolio Compare Print
  • Pulse Seismic has significant price volatility in the past 3 months.
PUD Share Price and Events
7 Day Returns
16.8%
DB:PUD
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-62.3%
DB:PUD
-57.2%
Europe Energy Services
-20.9%
DE Market
PUD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pulse Seismic (PUD) 16.8% -43.7% -54.4% -62.3% -65.2% -71.1%
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • PUD underperformed the Energy Services industry which returned -57.2% over the past year.
  • PUD underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
PUD
Industry
5yr Volatility vs Market

PUD Value

 Is Pulse Seismic undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Pulse Seismic to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Pulse Seismic.

DB:PUD Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:PUD
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.912 (1 + (1- 26.5%) (68.58%))
1.249
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.25
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.249 * 5.44%)
6.4%

Discounted Cash Flow Calculation for DB:PUD using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Pulse Seismic is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:PUD DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 6.4%)
2020 16.10 Analyst x1 15.13
2021 16.10 Analyst x1 14.22
2022 16.08 Est @ -0.12% 13.35
2023 16.05 Est @ -0.2% 12.52
2024 16.01 Est @ -0.26% 11.74
2025 15.96 Est @ -0.3% 11.00
2026 15.91 Est @ -0.32% 10.30
2027 15.85 Est @ -0.34% 9.65
2028 15.80 Est @ -0.36% 9.04
2029 15.74 Est @ -0.37% 8.46
Present value of next 10 years cash flows CA$115.00
DB:PUD DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$15.74 × (1 + -0.39%) ÷ (6.4% – -0.39%)
CA$230.82
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$230.82 ÷ (1 + 6.4%)10
CA$124.10
DB:PUD Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$115.00 + CA$124.10
CA$239.10
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$239.10 / 53.79
CA$4.44
DB:PUD Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:PUD represents 0.68681x of TSX:PSD
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.68681x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 4.44 x 0.68681
€3.05
Value per share (EUR) From above. €3.05
Current discount Discount to share price of €0.63
= -1 x (€0.63 - €3.05) / €3.05
79.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Pulse Seismic is available for.
Intrinsic value
>50%
Share price is €0.63 vs Future cash flow value of €3.05
Current Discount Checks
For Pulse Seismic to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Pulse Seismic's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Pulse Seismic's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Pulse Seismic's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pulse Seismic's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:PUD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.06
TSX:PSD Share Price ** TSX (2020-04-06) in CAD CA$0.91
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Pulse Seismic.

DB:PUD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:PSD Share Price ÷ EPS (both in CAD)

= 0.91 ÷ -0.06

-14.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pulse Seismic is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Pulse Seismic is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Pulse Seismic's expected growth come at a high price?
Raw Data
DB:PUD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -14.35x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Pulse Seismic, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Pulse Seismic's assets?
Raw Data
DB:PUD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$0.59
TSX:PSD Share Price * TSX (2020-04-06) in CAD CA$0.91
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:PUD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:PSD Share Price ÷ Book Value per Share (both in CAD)

= 0.91 ÷ 0.59

1.53x

* Primary Listing of Pulse Seismic.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pulse Seismic is overvalued based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Pulse Seismic's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Pulse Seismic has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PUD Future Performance

 How is Pulse Seismic expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.8%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Pulse Seismic expected to grow at an attractive rate?
  • Unable to compare Pulse Seismic's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Pulse Seismic's earnings growth to the Germany market average as no estimate data is available.
  • Pulse Seismic's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:PUD Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:PUD Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 10.8%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:PUD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:PUD Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 30 17 1
2020-12-31 27 17 1
2020-04-06
DB:PUD Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 24 9 -3
2019-09-30 23 10 -2
2019-06-30 22 10 0
2019-03-31 13 7 -4
2018-12-31 10 -3 -2
2018-09-30 11 -4 -1
2018-06-30 42 26 18
2018-03-31 43 27 17
2017-12-31 44 39 15
2017-09-30 42 39 13
2017-06-30 15 9 -6
2017-03-31 15 9 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Pulse Seismic is high growth as no earnings estimate data is available.
  • Pulse Seismic's revenue is expected to grow by 10.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:PUD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Pulse Seismic Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PUD Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2020-04-06
DB:PUD Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.06
2019-09-30 -0.03
2019-06-30 0.00
2019-03-31 -0.07
2018-12-31 -0.03
2018-09-30 -0.03
2018-06-30 0.34
2018-03-31 0.31
2017-12-31 0.27
2017-09-30 0.23
2017-06-30 -0.12
2017-03-31 -0.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Pulse Seismic is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Pulse Seismic's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Pulse Seismic has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PUD Past Performance

  How has Pulse Seismic performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Pulse Seismic's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Pulse Seismic does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Pulse Seismic's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Pulse Seismic's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Pulse Seismic's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Pulse Seismic Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PUD Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 24.16 -3.41 6.38
2019-09-30 23.10 -1.63 6.10
2019-06-30 22.12 0.19 6.17
2019-03-31 13.28 -3.71 6.28
2018-12-31 10.19 -1.73 5.51
2018-09-30 11.32 -1.44 6.10
2018-06-30 42.15 18.30 7.00
2018-03-31 43.13 16.89 7.02
2017-12-31 43.53 15.09 7.01
2017-09-30 42.25 12.52 6.48
2017-06-30 15.44 -6.48 5.60
2017-03-31 15.29 -6.50 5.37
2016-12-31 14.34 -7.49 5.46
2016-09-30 18.92 -5.58 6.01
2016-06-30 17.99 -6.86 6.12
2016-03-31 21.67 -5.46 6.35
2015-12-31 24.43 -5.31 6.32
2015-09-30 24.06 -5.14 6.30
2015-06-30 33.91 1.52 6.82
2015-03-31 34.77 1.95 7.24
2014-12-31 35.74 3.48 7.51
2014-09-30 31.92 0.08 7.40
2014-06-30 21.56 -8.73 7.19
2014-03-31 19.08 -23.20 7.51
2013-12-31 40.51 -18.83 8.49
2013-09-30 63.72 -2.31 9.22
2013-06-30 68.25 1.05 9.84

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Pulse Seismic has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Pulse Seismic has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Pulse Seismic improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Pulse Seismic's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Pulse Seismic has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PUD Health

 How is Pulse Seismic's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Pulse Seismic's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Pulse Seismic is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Pulse Seismic's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Pulse Seismic's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Pulse Seismic Company Filings, last reported 3 months ago.

DB:PUD Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 31.97 31.51 1.36
2019-09-30 32.67 31.85 0.81
2019-06-30 35.48 29.70 0.46
2019-03-31 32.80 36.58 1.30
2018-12-31 35.24 0.00 23.02
2018-09-30 34.18 0.00 20.57
2018-06-30 35.31 0.00 18.04
2018-03-31 36.66 0.00 18.23
2017-12-31 37.81 0.00 27.42
2017-09-30 49.11 0.00 38.69
2017-06-30 32.34 0.00 8.26
2017-03-31 34.84 0.00 7.65
2016-12-31 38.65 0.00 5.85
2016-09-30 40.41 0.00 3.95
2016-06-30 40.67 0.00 1.85
2016-03-31 43.34 0.00 1.01
2015-12-31 45.39 0.22
2015-09-30 46.40 1.46 0.85
2015-06-30 50.17 7.90
2015-03-31 52.80 5.40 0.59
2014-12-31 58.40 5.37 0.90
2014-09-30 64.78 11.34 1.37
2014-06-30 60.77 15.81 0.66
2014-03-31 62.88 18.28 0.79
2013-12-31 65.96 21.85 1.75
2013-09-30 70.95 20.82 2.16
2013-06-30 78.26 20.79 2.60
  • Pulse Seismic's level of debt (98.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (9.2% vs 98.6% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Pulse Seismic has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if Pulse Seismic has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Pulse Seismic's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Pulse Seismic has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PUD Dividends

 What is Pulse Seismic's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Pulse Seismic dividends.
If you bought €2,000 of Pulse Seismic shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Pulse Seismic's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Pulse Seismic's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:PUD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:PUD Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-04-06
DB:PUD Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2017-11-01 0.000 0.000
2017-07-26 0.000 0.000
2017-04-26 0.000 0.000
2017-03-07 0.000 0.000
2016-11-02 0.000 0.000
2016-07-28 0.000 0.000
2016-04-28 0.000 0.000
2015-11-10 0.000 0.000
2015-11-06 0.080 3.504
2015-05-19 0.080 3.159
2015-03-05 0.080 2.810
2014-11-07 0.080 2.665
2014-07-31 0.080 2.622
2014-05-01 0.080 2.432
2014-03-17 0.080 2.306
2013-11-08 0.080 2.026
2013-08-02 0.080 2.099
2013-05-10 0.080 2.146
2013-03-18 0.080 2.528
2012-11-01 0.080 2.909
2012-08-07 0.080 3.149
2012-05-04 0.080 3.705
2012-03-19 0.050 2.228
2011-11-09 0.050 2.786
2011-08-08 0.050 2.638
2010-11-05 0.000 0.000
2010-08-06 0.000 0.000
2010-05-05 0.000 0.000
2010-03-15 0.000 0.000
2009-11-09 0.000 0.000
2009-08-06 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Pulse Seismic has not reported any payouts.
  • Unable to verify if Pulse Seismic's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Pulse Seismic's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Pulse Seismic has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Pulse Seismic's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Pulse Seismic afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pulse Seismic has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PUD Management

 What is the CEO of Pulse Seismic's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Neal Coleman
COMPENSATION CA$441,498
TENURE AS CEO 7.4 years
CEO Bio

Mr. Neal Coleman has been the Chief Executive Officer and President of Pulse Seismic Inc. (formerly known as Pulse Data Inc.) since November 1, 2012. Mr. Coleman has over 17 years of experience in seismic data library business and in the areas of business development, strategic planning, negotiation and leadership. He served as Vice President of Sales & Marketing at Pulse Seismic Inc. from April 1, 2008 to November 1, 2012 and served as its Interim President since June 2012. He served as a Marketing Representative for Seitel Canada since March 2001 until 2004. Under his leadership as Vice President of Sales & Marketing, Pulse’s market share steadily increased, the 3D seismic data library grew by more than 100%, and his team achieved over $300 million in data library sales. He also directed a significant re-branding initiative. Mr. Coleman began his career with Pulse Seismic Inc. in August 2004 as a Seismic Data Marketing Representative and in January 2006 as Manager of Sales and Marketing. Mr. Coleman has worked in the energy industry since 2001 and has an exceptional ability to identify customer needs and translate them into revenue opportunities. He was previously employed at Olympic Seismic from March 2001 to July 2004. He has been a Director of Pulse Seismic Inc. since December 12, 2017. Mr. Coleman completed his Bachelor of Applied Business & Entrepreneurship at Mount Royal University in Calgary in 1999 and has a Petroleum Engineering Applications Certificate from SAIT Polytechnic in 2004. He has also completed numerous executive education courses at Ivey Business School and Queen’s University.

CEO Compensation
  • Neal's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Neal's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Pulse Seismic management team in years:

10.1
Average Tenure
  • The average tenure for the Pulse Seismic management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Neal Coleman

TITLE
President
COMPENSATION
CA$441K
TENURE
7.4 yrs

Pam Wicks

TITLE
VP of Finance & CFO
COMPENSATION
CA$400K
TENURE
10.1 yrs

Trevor Meier

TITLE
Vice President of Sales & Marketing
COMPENSATION
CA$350K
TENURE
6.8 yrs

Wayne McKinnon

TITLE
Operations Manager
TENURE
12.1 yrs

James Ferguson

TITLE
President of Terrapoint Canada Inc
TENURE
15.3 yrs

Pierre Maurais

TITLE
Controller
Board of Directors Tenure

Average tenure and age of the Pulse Seismic board of directors in years:

2.6
Average Tenure
61.5
Average Age
  • The average tenure for the Pulse Seismic board of directors is less than 3 years, this suggests a new board.
Board of Directors

Bob Robotti

TITLE
Independent Chairman
COMPENSATION
CA$67K
AGE
65
TENURE
6.9 yrs

Neal Coleman

TITLE
President
COMPENSATION
CA$441K
TENURE
2.3 yrs

Karen El-Tawil

TITLE
Independent Director
COMPENSATION
CA$58K
AGE
58
TENURE
5.9 yrs

Paul Crilly

TITLE
Independent Director
COMPENSATION
CA$58K
AGE
56
TENURE
2.9 yrs

Dallas Droppo

TITLE
Independent Director
COMPENSATION
CA$32K
AGE
65
TENURE
1.9 yrs

Grant Grimsrud

TITLE
Independent Director
COMPENSATION
CA$29K
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Pulse Seismic individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
17. Mar 20 Buy Robert Robotti Individual 16. Mar 20 16. Mar 20 20,000 €0.67 €13,470
28. Dec 19 Buy Robotti & Company, Incorporated Company 24. Dec 19 24. Dec 19 511,221 €1.37 €700,700
12. Sep 19 Buy Robotti & Company, Incorporated Company 09. Sep 19 09. Sep 19 200 €1.41 €281
06. Sep 19 Buy Robotti & Company, Incorporated Company 03. Sep 19 03. Sep 19 1,500 €1.40 €2,102
30. Aug 19 Buy Robotti & Company, Incorporated Company 29. Aug 19 29. Aug 19 10,300 €1.37 €14,120
21. Aug 19 Buy Burgundy Asset Management Ltd. Company 13. Aug 19 13. Aug 19 10,500 €1.48 €15,592
16. Aug 19 Buy Burgundy Asset Management Ltd. Company 09. Aug 19 09. Aug 19 2,400 €1.44 €3,444
13. Aug 19 Buy Burgundy Asset Management Ltd. Company 07. Aug 19 07. Aug 19 700 €1.40 €983
09. Aug 19 Buy Burgundy Asset Management Ltd. Company 06. Aug 19 06. Aug 19 1,100 €1.45 €1,592
14. May 19 Buy Robotti & Company, Incorporated Company 10. May 19 13. May 19 5,700 €1.47 €8,377
X
Management checks
We assess Pulse Seismic's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Pulse Seismic has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PUD News

Simply Wall St News

PUD Company Info

Description

Pulse Seismic Inc. acquires, markets, and licenses two-dimensional (2D) and three-dimensional (3D) seismic data for the energy sector in Western Canada. Its library covers principal areas in Alberta, Northeast British Columbia, and Saskatchewan, as well as includes portions of the Northwest Territories, Yukon, Manitoba, and Montana. The company’s seismic data is used by oil and natural gas exploration and development companies. It owns and manages licensable seismic data library that consists of approximately 65,310 net square kilometers of 3D seismic; and 8,29,207 linear kilometers of 2D seismic data. The company was formerly known as Pulse Data Inc. and changed its name to Pulse Seismic Inc. in May 2009. Pulse Seismic Inc. was founded in 1985 and is headquartered in Calgary, Canada.

Details
Name: Pulse Seismic Inc.
PUD
Exchange: DB
Founded: 1985
CA$32,105,126
53,793,317
Website: http://www.pulseseismic.com
Address: Pulse Seismic Inc.
421-7th Avenue SW,
Suite 2700,
Calgary,
Alberta, T2P 4K9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX PSD Common Shares The Toronto Stock Exchange CA CAD 21. Sep 1988
OTCPK PLSD.F Common Shares Pink Sheets LLC US USD 21. Sep 1988
DB PUD Common Shares Deutsche Boerse AG DE EUR 21. Sep 1988
Number of employees
Current staff
Staff numbers
17
Pulse Seismic employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 23:37
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/03/20
Last earnings filing: 2020/02/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.