ASX:QFE

Stock Analysis Report

Executive Summary

QuickFee Limited provides finance solutions to clients and firms in Australia and the United States.

Snowflake

Fundamentals

Weak fundamentals or lack of information.


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


Market Performance


7 Day Return

-15.5%

QFE

-5.2%

AU Consumer Finance

0.4%

AU Market


1 Year Return

n/a

QFE

52.8%

AU Consumer Finance

9.8%

AU Market

Return vs Industry: Insufficient data to determine how QFE performed against the Australian Consumer Finance industry.

Return vs Market: Insufficient data to determine how QFE performed against the Australian Market.


Shareholder returns

QFEIndustryMarket
7 Day-15.5%-5.2%0.4%
30 Day-18.8%3.1%-1.1%
90 Day13.9%14.7%-0.6%
1 Yearn/a58.0%52.8%16.1%9.8%
3 Yearn/a37.1%23.4%36.1%17.9%
5 Yearn/a59.5%24.6%49.4%15.7%

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?

2.36x

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 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 (2.4x) compared to the AU Consumer Finance industry average (1.8x).


Next Steps

Future Growth

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

45.8%

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?

-38.0%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: QFE is unprofitable, and there is insufficient past data to establish if their past 5-year earnings growth rate was positive.

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 (15.9%).


Return on Equity

High ROE: QFE has a negative Return on Equity (-243.52%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: QFE is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: QFE is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is QuickFee's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: QFE has a low level of unsold assets or inventory.

Debt Coverage by Assets: QFE's debt is covered by short term assets (assets are 1.042550x debt).


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 less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: QFE has less than a year of cash runway if free cash flow continues to reduce at historical rates of -59.7% each year


Financial Institutions Analysis

Asset Level: QFE's level of assets compared to its equity is very high.

Allowance for Bad Loans: Insufficient data to determine if QFE has a sufficient allowance for bad loans.

Low Risk Liabilities: QFE reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if QFE has an acceptable proportion of non-loan assets held.

Low Risk Deposits: QFE has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if QFE has an appropriate level of bad loans.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage3.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

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


CEO

Bruce Coombes 0

0yrs

Tenure

0

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 ...


Insider Trading

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


Recent Insider Transactions

BuyAU$1,057,93209 Sep 19
Thorney Technologies Ltd
EntityCompany
Shares2,890,750
Max PriceAU$0.42
BuyAU$1,066,87009 Sep 19
TIGA Trading Pty Ltd, Asset Management Arm
EntityCompany
Shares2,899,250
Max PriceAU$0.42
SellAU$400,00006 Sep 19
Wingate Direct Investments Pty. Ltd.
EntityCompany
Shares1,000,000
Max PriceAU$0.40

Ownership Breakdown


Management Team

  • Phillip Hains

    Company Secretary

    • Tenure: 0yrs
  • Bruce Coombes

    MD, CEO & Director

    • Tenure: 0yrs
  • James Drummond

    Chief Operating Officer

    • Tenure: 0yrs
  • Jennifer James

    Joint Company Secretary

    • Tenure: 0.2yrs
  • Andreas Diwing

    Director of Marketing

    • Tenure: 0yrs
  • Andrew Gardner

    VP of Business Development

    • Tenure: 0yrs
  • Richard Formoe

    Chief Revenue Officer

    • Tenure: 0yrs
  • Peter Zarin

    Chief Financial Officer

    • Tenure: 0yrs

Board Members

  • Barry Lewin (61yo)

    Non-Executive Chairman

    • Tenure: 0yrs
  • Dale Smorgon

    Non-Executive Director

    • Tenure: 1.7yrs
  • Bruce Coombes

    MD, CEO & Director

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: QuickFee Limited
  • Ticker: QFE
  • Exchange: ASX
  • Founded: 2018
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: AU$58.876m
  • Shares outstanding: 143.60m
  • Website: https://www.quickfee.com

Location

  • QuickFee Limited
  • 62 Lygon Street
  • Level 3
  • Carlton
  • Victoria
  • 3053
  • Australia

Listings

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

Biography

QuickFee Limited provides finance solutions to clients and firms in Australia and the United States. The company offers a payment portal and SME lending to clients of accounting and law firms. It provides  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 10:43
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.