ASX:QFY

Stock Analysis Report

Quantify Technology Holdings

Executive Summary

Quantify Technology Holdings Limited develops and sells hardware and software devices for the monitoring and management of Internet enabled devices in Australia.

Risk Analysis

Earnings have declined by -19.62% per year over past 5 years

Has less than 1 year of cash runway

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (A$121K)

+ 3 more risks


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Quantify Technology Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

QFY

1.0%

AU Tech

0.6%

AU Market


1 Year Return

-33.3%

QFY

72.4%

AU Tech

20.2%

AU Market

Return vs Industry: QFY underperformed the Australian Tech industry which returned 72% over the past year.

Return vs Market: QFY underperformed the Australian Market which returned 19.4% over the past year.


Shareholder returns

QFYIndustryMarket
7 Day0%1.0%0.6%
30 Day-20.0%10.8%4.3%
90 Day0%24.3%4.9%
1 Year-33.3%-33.3%76.2%72.4%25.6%20.2%
3 Yearn/a106.2%90.3%39.4%20.7%
5 Yearn/a131.4%105.0%60.8%24.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Quantify Technology Holdings undervalued compared to its fair value and its price relative to the market?

0.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: QFY is unprofitable, so we can't compare its PE Ratio to the Tech industry average.

PE vs Market: QFY 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 QFY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: QFY is good value based on its PB Ratio (0.5x) compared to the XX Tech industry average (1.5x).


Next Steps

Future Growth

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

11.5%

Forecasted Tech 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 Quantify Technology Holdings 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 Quantify Technology Holdings performed over the past 5 years?

-19.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QFY is currently unprofitable.

Growing Profit Margin: QFY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: QFY is unprofitable, and losses have increased over the past 5 years at a rate of -19.6% per year.

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

Earnings vs Industry: QFY is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (3.6%).


Return on Equity

High ROE: QFY has a negative Return on Equity (-60.37%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Quantify Technology Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: QFY's short term assets (A$2.7M) exceed its short term liabilities (A$2.2M).

Long Term Liabilities: QFY has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: QFY's debt to equity ratio (12.3%) is considered satisfactory.

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


Balance Sheet

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

Debt Coverage by Assets: QFY's debt is covered by short term assets (assets are 2.5x 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: QFY has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: QFY has less than a year of cash runway if free cash flow continues to reduce at historical rates of -18.1% each year


Next Steps

Dividend

What is Quantify Technology Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%5.6%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

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

2.3yrs

Average management tenure


CEO

Brett Savill 0

1.3yrs

Tenure

AU$467,475

Compensation

Mr. Brett Savill has been CEO and MD of Quantify Technology Holdings Limited since October 1, 2018. He has been Director at Quantify Technology Holdings Ltd since May 2018. He served as Director of Strateg ...


CEO Compensation Analysis

Compensation vs Market: Brett's total compensation ($USD322.62K) is about average for companies of similar size in the Australian market ($USD262.68K).

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


Management Age and Tenure

2.3yrs

Average Tenure

Experienced Management: QFY's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

1.5yrs

Average Tenure

Experienced Board: QFY's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


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$100,00920 Aug 19
Brett Savill
EntityIndividual
Role
Chief Executive Officer
CEO, MD & Director
Shares20,000,000
Max PriceAU$0.005
BuyAU$100,00920 Aug 19
Peter Rossdeutscher
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares20,000,000
Max PriceAU$0.005
BuyAU$199,94410 Jul 19
Big Al Investments Pty Ltd
EntityCompany
Shares40,000,000
Max PriceAU$0.005

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 105.3%.


Management Team

  • Neville Bassett (62yo)

    Company Secretary

    • Brett Savill

      CEO, MD & Director

      • Tenure: 1.3yrs
      • Compensation: AU$467.48k
    • Mark Lapins

      Technical Director & Director

      • Compensation: AU$354.01k
    • David Barker

      General Manager

      • Tenure: 2.3yrs
      • Compensation: AU$265.30k
    • Tim Leahy

      Chief Financial Officer

      • Tenure: 2.8yrs
      • Compensation: AU$554.05k
    • David Porter

      Chief Technology Officer

      • Tenure: 3.5yrs
      • Compensation: AU$224.74k
    • Fletcher Joyce

      Head of Engineering

      • Compensation: AU$954.90k

    Board Members

    • Gary Castledine (48yo)

      Non-Executive Director

      • Tenure: 1.3yrs
      • Compensation: AU$110.32k
    • Brett Savill

      CEO, MD & Director

      • Tenure: 1.3yrs
      • Compensation: AU$467.48k
    • Peter Rossdeutscher

      Chairman of the Board

      • Tenure: 1.3yrs
      • Compensation: AU$137.32k
    • Mark Lapins

      Technical Director & Director

      • Compensation: AU$354.01k
    • Peter Long

      Member of Advisory Board

      • Tenure: 2.5yrs

    Company Information

    Quantify Technology Holdings Limited's company bio, employee growth, exchange listings and data sources


    Key Information

    • Name: Quantify Technology Holdings Limited
    • Ticker: QFY
    • Exchange: ASX
    • Founded:
    • Industry: Technology Hardware, Storage and Peripherals
    • Sector: Tech
    • Market Cap: AU$5.968m
    • Shares outstanding: 1.49b
    • Website: https://www.quantifytechnology.com

    Location

    • Quantify Technology Holdings Limited
    • 216 St Georges Terrace
    • Level 4
    • Perth
    • Western Australia
    • 6000
    • Australia

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    QFYNDASX (Australian Securities Exchange)NPV DFD 25/02/20(EX-RIGHTS)AUAUDNo data
    QFYASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMar 2017
    QFYCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMar 2017

    Biography

    Quantify Technology Holdings Limited develops and sells hardware and software devices for the monitoring and management of Internet enabled devices in Australia. The company’s hardware and software devices comprise lighting, power, heating, and cooling systems installed in buildings. Its flagship product is the Q Device, which provides real-time evaluation of environmental and risk factors for building occupants, as well as managing services and utilities for efficiency. The company is based in Perth, Australia. 


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2020/01/24 10:46
    End of Day Share Price2020/01/23 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.