PSYTF (Pason Systems) Scaled Net Operating Assets: 0.73 (As of Mar. 2026)


PSYTF Pason Systems Inc PSYTF
89 GF Score
Price $8.63
GF Value $10.20
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Pason Systems Scaled Net Operating Assets?

Pason Systems PSYTF +0.47% 89 Scaled Net Operating Assets is 0.73 as of Mar. 2026. GuruFocus rates PSYTF with a GF Score™ of 89/100 and a GF Value™ of $10.20 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pason Systems's operating assets for the quarter that ended in Mar. 2026 was $383.4 Mil. Pason Systems's operating liabilities for the quarter that ended in Mar. 2026 was $69.3 Mil. Pason Systems's Total Assets for the quarter that ended in Dec. 2025 was $432.7 Mil. Therefore, Pason Systems's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.73.

Pason Systems Scaled Net Operating Assets Historical Data

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The historical data trend for Pason Systems's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pason Systems Scaled Net Operating Assets Chart

Pason Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.53 0.52 0.83 0.71

Pason Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.71 0.73 0.72 0.73

PSYTF vs SLB, BKR, HAL: Scaled Net Operating Assets Comparison

For the Oil & Gas Equipment & Services subindustry, Pason Systems's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pason Systems Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pason Systems's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Pason Systems's Scaled Net Operating Assets falls into.


PSYTF
89GF Score
Pason Systems Inc PSYTF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Pason Systems Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pason Systems's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(376.817-70.537)/431.397
=0.71

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=432.732 - 55.915
=376.817

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=90.493 - 18.158 - 1.798
=70.537

Pason Systems's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(383.379-69.286)/432.732
=0.73

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=436.972 - 53.593
=383.379

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=89.82 - 18.452 - 2.082
=69.286

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.73 mean?
Pason Systems (PSYTF) has a Scaled Net Operating Assets of 0.73 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Pason Systems and its competitors.
Is Pason Systems' Scaled Net Operating Assets too high?
Pason Systems' current Scaled Net Operating Assets is 0.73. Overall, Pason Systems has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pason Systems' Scaled Net Operating Assets compare to SLB and BKR?
Pason Systems' Scaled Net Operating Assets of 0.73 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Pason Systems and its competitors. Pason Systems's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pason Systems stock overvalued right now?
Based on GuruFocus' analysis, Pason Systems (PSYTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.20, compared to a current price of $8.63 — trading 15.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.73. Pason Systems' overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Pason Systems (PSYTF), the current Scaled Net Operating Assets is 0.73 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pason Systems (PSYTF) Overvalued in 2026?

Based on GuruFocus' analysis, Pason Systems stock appears to be undervalued. The current stock price of $8.63 is trading 15.4% below its estimated GF Value™ of $10.20. GuruFocus considers Pason Systems to be Modestly Undervalued.

Key valuation signals for PSYTF:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: $10.20 vs. price of $8.63 (15.4% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the PSYTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pason Systems Business Description

Industry EnergyOil & Gas
Other Exchanges 3PS:GermanyPSI:Canada
Address 6130 3rd Street SE, Calgary, AB, CAN, T2H 1K4
Pason Systems Inc is a provider of instrumentation and data management systems for drilling rigs. The electronic drilling recorder is the company's product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. The company reports on four strategic business units: The North American Drilling (Canada and the United States) and International Drilling (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) and completions business units, all of which offer technology services to the oil and gas industry, and the Solar and Energy Storage business unit, which provides technology services to solar and energy storage developers.
89GF Score

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$8.63
Price
$10.20
GF Value