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QIP

QANTM Intellectual PropertyASX:QIP Stock Report

Market Cap

AU$161.7m

7D

-1.3%

1Y

18.6%

Updated

26 Oct, 2021

Data

Company Financials +
QIP fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends3/6

QIP Overview

QANTM Intellectual Property Limited provides intellectual property services for start-up technology businesses, multinationals, public research institutions, and universities in Australia, New Zealand Singapore, and Malaysia.

Price History & Performance

Summary of all time highs, changes and price drops for QANTM Intellectual Property
Historical stock prices
Current Share PriceAU$1.18
52 Week HighAU$0.99
52 Week LowAU$1.25
Beta0.75
1 Month Change-0.84%
3 Month Change3.28%
1 Year Change18.59%
3 Year Change-9.92%
5 Year Change-48.02%
Change since IPO-52.80%

Recent News & Updates

May 08
Looking For Steady Income For Your Dividend Portfolio? Is QANTM Intellectual Property Limited (ASX:QIP) A Good Fit?

Looking For Steady Income For Your Dividend Portfolio? Is QANTM Intellectual Property Limited (ASX:QIP) A Good Fit?

Dividend paying stocks like QANTM Intellectual Property Limited ( ASX:QIP ) tend to be popular with investors, and for...

Mar 18
QANTM Intellectual Property's(ASX:QIP) Share Price Is Down 11% Over The Past Three Years.

QANTM Intellectual Property's(ASX:QIP) Share Price Is Down 11% Over The Past Three Years.

Many investors define successful investing as beating the market average over the long term. But in any portfolio...

Shareholder Returns

QIPAU Professional ServicesAU Market
7D-1.3%-1.8%0.8%
1Y18.6%35.6%24.4%

Return vs Industry: QIP underperformed the Australian Professional Services industry which returned 35.6% over the past year.

Return vs Market: QIP underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is QIP's price volatile compared to industry and market?
QIP volatility
QIP Beta0.75
Industry Beta0.92
Market Beta1

Stable Share Price: QIP is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: QIP's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1877352Craig Dowerhttps://www.qantmip.com

QANTM Intellectual Property Limited provides intellectual property services for start-up technology businesses, multinationals, public research institutions, and universities in Australia, New Zealand Singapore, and Malaysia. The company also offers services related to patents, designs, and trademarks, as well as DCC, a litigation service in patent and trademark protection. QANTM Intellectual Property Limited was founded in 1877 and is based in Melbourne, Australia.

QANTM Intellectual Property Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
QIP income statement (TTM)
RevenueAU$119.08m
Cost of RevenueAU$0
Gross ProfitAU$119.08m
ExpensesAU$108.61m
EarningsAU$10.47m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.076
Gross Margin100.00%
Net Profit Margin8.80%
Debt/Equity Ratio30.0%

How did QIP perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

96%

Payout Ratio

Valuation

Is QANTM Intellectual Property undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: QIP (A$1.18) is trading below our estimate of fair value (A$3.26)

Significantly Below Fair Value: QIP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: QIP is good value based on its PE Ratio (15.4x) compared to the Australian Professional Services industry average (21.9x).

PE vs Market: QIP is good value based on its PE Ratio (15.4x) compared to the Australian market (20x).


Price to Earnings Growth Ratio

PEG Ratio: QIP is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: QIP is good value based on its PB Ratio (2.2x) compared to the AU Professional Services industry average (3.4x).


Future Growth

How is QANTM Intellectual Property forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

7.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QIP's forecast earnings growth (7.2% per year) is above the savings rate (1.9%).

Earnings vs Market: QIP's earnings (7.2% per year) are forecast to grow slower than the Australian market (12.4% per year).

High Growth Earnings: QIP's earnings are forecast to grow, but not significantly.

Revenue vs Market: QIP's revenue (2.5% per year) is forecast to grow slower than the Australian market (5.3% per year).

High Growth Revenue: QIP's revenue (2.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: QIP's Return on Equity is forecast to be low in 3 years time (16.6%).


Past Performance

How has QANTM Intellectual Property performed over the past 5 years?

-9.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QIP has high quality earnings.

Growing Profit Margin: QIP's current net profit margins (8.8%) are higher than last year (8.2%).


Past Earnings Growth Analysis

Earnings Trend: QIP's earnings have declined by 9.7% per year over the past 5 years.

Accelerating Growth: QIP's earnings growth over the past year (9.5%) exceeds its 5-year average (-9.7% per year).

Earnings vs Industry: QIP earnings growth over the past year (9.5%) exceeded the Professional Services industry 9.3%.


Return on Equity

High ROE: QIP's Return on Equity (14.3%) is considered low.


Financial Health

How is QANTM Intellectual Property's financial position?


Financial Position Analysis

Short Term Liabilities: QIP's short term assets (A$44.9M) exceed its short term liabilities (A$28.5M).

Long Term Liabilities: QIP's short term assets (A$44.9M) exceed its long term liabilities (A$33.7M).


Debt to Equity History and Analysis

Debt Level: QIP's debt to equity ratio (30%) is considered satisfactory.

Reducing Debt: QIP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: QIP's debt is well covered by operating cash flow (90.7%).

Interest Coverage: QIP's interest payments on its debt are well covered by EBIT (10x coverage).


Balance Sheet


Dividend

What is QANTM Intellectual Property current dividend yield, its reliability and sustainability?

6.27%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: QIP's dividend (6.27%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: QIP's dividend (6.27%) is in the top 25% of dividend payers in the Australian market (5.32%)


Stability and Growth of Payments

Stable Dividend: QIP has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: QIP's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (96%), QIP's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: QIP's dividends in 3 years are forecast to be covered by earnings (76.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Craig Dower

1.75yrs

Tenure

AU$1,109,697

Compensation

Mr. Craig Russell Dower, FAICD, FAIM, MACS, serves as the Chief Executive Officer at QANTM Intellectual Property Limited since January 13, 2020 and serves as Managing Director and Director since July 1, 20...


CEO Compensation Analysis

Compensation vs Market: Craig's total compensation ($USD831.86K) is above average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Craig's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: QIP's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: QIP's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

QANTM Intellectual Property Limited's employee growth, exchange listings and data sources


Key Information

  • Name: QANTM Intellectual Property Limited
  • Ticker: QIP
  • Exchange: ASX
  • Founded: 1877
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: AU$161.715m
  • Shares outstanding: 137.05m
  • Website: https://www.qantmip.com

Number of Employees


Location

  • QANTM Intellectual Property Limited
  • 1 Nicholson Street
  • Level 15
  • Melbourne
  • Victoria
  • 3002
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:30
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.