ASX:QFE

Stock Analysis Report

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Executive Summary

QuickFee Limited provides payment and lending solutions to professional service firms in Australia and the United States. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has QuickFee's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: QFE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-8.9%

QFE

-9.1%

AU Consumer Finance

-2.5%

AU Market


1 Year Return

34.2%

QFE

-12.1%

AU Consumer Finance

-8.9%

AU Market

Return vs Industry: QFE exceeded the Australian Consumer Finance industry which returned -12.1% over the past year.

Return vs Market: QFE exceeded the Australian Market which returned -8.9% over the past year.


Shareholder returns

QFEIndustryMarket
7 Day-8.9%-9.1%-2.5%
30 Day-12.1%4.6%1.6%
90 Day-22.7%-0.2%2.4%
1 Year34.2%34.2%-11.3%-12.1%-5.6%-8.9%
3 Yearn/a56.6%44.5%15.5%0.8%
5 Yearn/a80.0%53.6%42.4%12.7%

Price Volatility Vs. Market

How volatile is QuickFee's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is QuickFee undervalued compared to its fair value and its price relative to the market?

5.93x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate QFE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate QFE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: QFE is unprofitable, so we can't compare its PE Ratio to the AU Consumer Finance industry average.

PE vs Market: QFE is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate QFE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: QFE is overvalued based on its PB Ratio (5.9x) compared to the AU Consumer Finance industry average (2.2x).


Next Steps

Future Growth

How is QuickFee forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

51.0%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as QuickFee has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has QuickFee performed over the past 5 years?

-229.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: QFE is currently unprofitable.

Growing Profit Margin: QFE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if QFE's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare QFE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: QFE is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (-5.1%).


Return on Equity

High ROE: QFE has a negative Return on Equity (-23.65%), as it is currently unprofitable.


Next Steps

Financial Health

How is QuickFee's financial position?


Financial Position Analysis

Short Term Liabilities: QFE's short term assets (A$52.1M) exceed its short term liabilities (A$36.5M).

Long Term Liabilities: QFE's short term assets (A$52.1M) exceed its long term liabilities (A$814.4K).


Debt to Equity History and Analysis

Debt Level: QFE's debt to equity ratio (216.7%) is considered high.

Reducing Debt: Insufficient data to determine if QFE's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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.

Stable Cash Runway: QFE has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: QFE has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 20.7% each year.


Next Steps

Dividend

What is QuickFee current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate QFE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate QFE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if QFE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if QFE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of QFE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

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

1.2yrs

Average management tenure


CEO

Bruce Coombes

no data

Tenure

AU$631,637

Compensation

Mr. Bruce Gordon Coombes is the Chief Executive Officer and Managing Director of QuickFee Pty Ltd. Mr. Coombes is the Chief Executive Officer & Managing Director of QuickFee Limited. He has been Director o ...


CEO Compensation Analysis

Compensation vs Market: Bruce's total compensation ($USD451.27K) is above average for companies of similar size in the Australian market ($USD277.88K).

Compensation vs Earnings: Bruce's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Bruce Coombes
MD, CEO & Directorno dataAU$631.64k0.35%
A$ 391.7k
James Drummond
Chief Operating Officer4.5yrsAU$503.66k1.35%
A$ 1.5m
Richard Formoe
Chief Revenue Officerno dataAU$419.20k0.0028%
A$ 3.1k
Simon Yeandle
Chief Financial Officerno datano datano data
Francesco Fabbrocino
Chief Technology Officer0.75yrno datano data
Andreas Diwing
Senior Director of Marketingno datano datano data
Jennifer James
Company Secretary1.17yrsno datano data
Corey Struve
Financial Controllerno datano datano data

1.2yrs

Average Tenure

Experienced Management: QFE's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


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 been substantially diluted in the past year, with total shares outstanding growing by 51.2%.


Top Shareholders

Company Information

QuickFee Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: QuickFee Limited
  • Ticker: QFE
  • Exchange: ASX
  • Founded: 2009
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: AU$110.734m
  • Shares outstanding: 217.13m
  • Website: https://www.quickfee.com

Location

  • QuickFee Limited
  • 10 Century Circuit
  • Suite 4.07
  • Baulkham Hills
  • New South Wales
  • 2153
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QFEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2019
QFECHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2019

Biography

QuickFee Limited provides payment and lending solutions to professional service firms in Australia and the United States. The company develops QuickFee, an online platform and lending solution that enables ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 10:37
End of Day Share Price2020/10/28 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.