Dashboard
1
Poor Management Efficiency with a low ROE of 7.20%
- The company has been able to generate a Return on Equity (avg) of 7.20% signifying low profitability per unit of shareholders funds
2
Company has a low Debt to Equity ratio (avg) at 0 times
3
Poor long term growth as Net Sales has grown by an annual rate of 7.80% and Operating profit at 12.38% over the last 5 years
4
Flat results in Sep 24
5
With ROE of 14.5, it has a attractive valuation with a 2 Price to Book Value
Stock DNA
Electronic Equipment/Instruments
USD 126 Million (Micro Cap)
14.00
NA
0.10%
-0.16
14.53%
2.04
Revenue and Profits:
Net Sales:
17 Million
(Quarterly Results - Sep 2024)
Net Profit:
2 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
52.1%
0%
52.1%
6 Months
77.62%
0%
77.62%
1 Year
42.7%
0%
42.7%
2 Years
141.9%
0%
141.9%
3 Years
139.62%
0%
139.62%
4 Years
197.95%
0%
197.95%
5 Years
71.62%
0%
71.62%
Profire Energy, Inc. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
7.80%
EBIT Growth (5y)
12.38%
EBIT to Interest (avg)
3.62
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.16
Sales to Capital Employed (avg)
0.97
Tax Ratio
13.98%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
48.68%
ROCE (avg)
10.41%
ROE (avg)
7.20%
Valuation key factors
Factor
Value
P/E Ratio
14
Industry P/E
Price to Book Value
2.04
EV to EBIT
11.75
EV to EBITDA
10.70
EV to Capital Employed
2.25
EV to Sales
1.92
PEG Ratio
NA
Dividend Yield
0.10%
ROCE (Latest)
19.12%
ROE (Latest)
14.53%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot : Sep 2024
Shareholding Compare (%holding) 
Majority shareholders
Domestic Funds
Domestic Funds
Held in 11 Schemes (13.46%)
Foreign Institutions
Held by 10 Foreign Institutions (0.93%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Sep'24 - QoQ
Sep'24
Jun'24
Change(%)
Net Sales
17.20
15.20
13.16%
Operating Profit (PBDIT) excl Other Income
3.00
2.70
11.11%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
2.20
2.10
4.76%
Operating Profit Margin (Excl OI)
159.90%
170.90%
-1.10%
USD in Million.
Net Sales
QoQ Growth in quarter ended Sep 2024 is 13.16% vs 11.76% in Jun 2024
Consolidated Net Profit
QoQ Growth in quarter ended Sep 2024 is 4.76% vs 50.00% in Jun 2024
Annual Results Snapshot (Consolidated) - Dec'23
Dec'23
Dec'22
Change(%)
Net Sales
58.20
45.90
26.80%
Operating Profit (PBDIT) excl Other Income
13.00
6.30
106.35%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
10.80
3.90
176.92%
Operating Profit Margin (Excl OI)
203.70%
113.10%
9.06%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2023 is 26.80% vs 73.86% in Dec 2022
Consolidated Net Profit
YoY Growth in year ended Dec 2023 is 176.92% vs 454.55% in Dec 2022
About Profire Energy, Inc. 
Profire Energy, Inc.
Electronic Equipment/Instruments
Profire Energy, Inc. is an oilfield technology company. The Company is primarily engaged in the business of developing combustion management technologies for the oil and gas industry. It specializes in the creation of burner-management systems, used on a range of oilfield natural-draft fire tube vessels. It offers burner-management systems, which help to ignite, monitor and manage the burner flame. Its burner-management systems are used in Western Canada, and in the United States market. Its systems are sold or installed in other parts of the world, including in Europe, South America, Africa, the Middle East and Asia. The Company's principal focus is on the North American oil and gas market. Its solution, the PF3100, helps manage and synchronize custom applications helping oilfield producers meet deadlines through an off-the-shelf solution with customization. In addition to its burner and combustion-management systems, it also supplies complementary products.
Company Coordinates 
Company Details
321 S 1250 W Ste 1 , LINDON UT : 84042-1677
Registrar Details






