ASX:MOQ

Stock Analysis Report

Executive Summary

MOQ Limited provides information technology solutions in Australia.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

MOQ

-0.6%

AU Software

0.4%

AU Market


1 Year Return

0%

MOQ

39.0%

AU Software

9.8%

AU Market

Return vs Industry: MOQ underperformed the Australian Software industry which returned 39% over the past year.

Return vs Market: MOQ underperformed the Australian Market which returned 9.8% over the past year.


Shareholder returns

MOQIndustryMarket
7 Day0%-0.6%0.4%
30 Day-12.0%-1.4%-1.1%
90 Day4.8%2.4%-0.6%
1 Year0%0%40.2%39.0%16.1%9.8%
3 Year-24.1%-24.1%117.9%108.4%36.1%17.9%
5 Yearn/a169.6%148.0%49.4%15.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: MOQ (A$0.22) is trading below our estimate of fair value (A$0.74)

Significantly Undervalued: MOQ is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MOQ is good value based on its PE Ratio (15.5x) compared to the Software industry average (32.2x).

PE vs Market: MOQ is good value based on its PE Ratio (15.5x) compared to the Australian market (18.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MOQ is good value based on its PB Ratio (1.7x) compared to the AU Software industry average (4.6x).


Next Steps

Future Growth

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

21.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MOQ's forecast earnings growth (21.9% per year) is above the savings rate (2.3%).

Earnings vs Market: MOQ's earnings (21.9% per year) are forecast to grow faster than the Australian market (10.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if MOQ's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if MOQ's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if MOQ's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has MOQ performed over the past 5 years?

79.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MOQ has become profitable over the past 5 years, growing earnings by 79.8% per year.

Accelerating Growth: MOQ's earnings growth over the past year (102.6%) exceeds its 5-year average (79.8% per year).

Earnings vs Industry: MOQ earnings growth over the past year (102.6%) exceeded the Software industry 22%.


Return on Equity

High ROE: MOQ's Return on Equity (10.7%) is considered low.


Return on Assets

ROA vs Industry: MOQ's Return on Assets is below or equal to the Software industry average last year.


Return on Capital Employed

ROCE Improving: MOQ's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is MOQ's financial position?


Financial Position Analysis

Short Term Liabilities: MOQ's short term assets (A$16.1M) exceeds its short term liabilities (A$13.7M)

Long Term Liabilities: MOQ's short term assets (16.1M) exceeds its long term liabilities (159.2K)


Debt to Equity History and Analysis

Debt Level: MOQ is debt free.

Reducing Debt: MOQ currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: MOQ has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MOQ has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if MOQ's debt is covered by short term assets.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate MOQ'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 MOQ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MOQ'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 MOQ'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 MOQ's salary, the management and board of directors tenure and is there insider trading?

3.0yrs

Average management tenure


CEO

Joe D'Addio 0

2.5yrs

Tenure

AU$219,000

Compensation

Mr. Joseph Pino D'Addio, also known as Joe, has been Chief Executive Officer of MOQ Limited since April 2017. Mr. D'Addio had served as Managing Director of MOQ Limited (alternatively Montech Holdings Limi ...


CEO Compensation Analysis

Compensation vs. Market: Joe's total compensation ($USD149.93K) is about average for companies of similar size in the Australian market ($USD256.55K).

Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.0yrs

Average Tenure

Experienced Management: MOQ's management team is considered experienced (3 years average tenure).


Board Age and Tenure

4.8yrs

Average Tenure

Experienced Board: MOQ's board of directors are considered experienced (4.8 years average tenure).


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

SellAU$400,36809 Sep 19
NovaPort Capital Pty Limited
EntityCompany
Shares1,820,000
Max PriceAU$0.28
BuyAU$45,36805 Sep 19
Viburnum Funds Pty Ltd.
EntityCompany
Shares254,500
Max PriceAU$0.18
BuyAU$375,85318 Jan 19
Viburnum Funds Pty Ltd.
EntityCompany
Shares1,624,077
Max PriceAU$0.23

Ownership Breakdown


Management Team

  • Michael Pollak (44yo)

    Joint Company Secretary & Non-Executive Director

    • Tenure: 5.7yrs
    • Compensation: AU$60.00k
  • Scott McPherson

    Executive Director & COO

    • Tenure: 4.4yrs
    • Compensation: AU$256.05k
  • Joe D'Addio

    CEO & Executive Director

    • Tenure: 2.5yrs
    • Compensation: AU$219.00k
  • Matthew Goggin

    Director of Sales

    • Tenure: 0yrs
    • Compensation: AU$256.05k
  • Chad Lurie

    General Manager of Services

    • Tenure: 3.4yrs
    • Compensation: AU$219.00k
  • Danny Loh

    General Manager of Finance

    • Tenure: 3.9yrs
    • Compensation: AU$218.41k
  • Daniel Matos

    Head of Product & Engineering

    • Tenure: 0yrs
  • Miles Thomas

    Head of Marketing & Growth

    • Tenure: 0yrs

Board Members

  • David Shein

    Non-Executive Chairman

    • Tenure: 5.1yrs
    • Compensation: AU$60.00k
  • Alex White

    Non-Executive Director

    • Tenure: 0.3yrs
  • Michael Pollak (44yo)

    Joint Company Secretary & Non-Executive Director

    • Tenure: 5.7yrs
    • Compensation: AU$60.00k
  • Joey Fridman

    Non-Executive Director

    • Tenure: 5.7yrs
    • Compensation: AU$60.00k
  • Scott McPherson

    Executive Director & COO

    • Tenure: 4.4yrs
    • Compensation: AU$256.05k
  • Joe D'Addio

    CEO & Executive Director

    • Tenure: 2.5yrs
    • Compensation: AU$219.00k

Company Information

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


Key Information

  • Name: MOQ Limited
  • Ticker: MOQ
  • Exchange: ASX
  • Founded: 1990
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$39.042m
  • Shares outstanding: 177.46m
  • Website: https://www.moq.com.au

Location

  • MOQ Limited
  • 3-5 West Street
  • Suite 1
  • North Sydney
  • New South Wales
  • 2060
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MOQASX (Australian Securities Exchange)YesOrdinary SharesAUAUDSep 2014
MOQCHIA (Chi-X Australia)YesOrdinary SharesAUAUDSep 2014

Biography

MOQ Limited provides information technology solutions in Australia. The company operates in three segments: Technology Sales, Professional Services, and Recurring Services. The Technology Sales segment pro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 10:31
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.