ASX:QTG

Stock Analysis Report

Q Technology Group

Executive Summary

Q Technology Group Limited does not have significant operations.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: QTG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

QTG

0.8%

AU Electronic

0.02%

AU Market


1 Year Return

-20.0%

QTG

102.5%

AU Electronic

14.6%

AU Market

Return vs Industry: QTG underperformed the Australian Electronic industry which returned 112.3% over the past year.

Return vs Market: QTG underperformed the Australian Market which returned 21.4% over the past year.


Shareholder returns

QTGIndustryMarket
7 Day0%0.8%0.02%
30 Day0%0.9%0.2%
90 Day0%9.1%5.4%
1 Year-20.0%-20.0%107.3%102.5%19.7%14.6%
3 Year-93.3%-93.3%122.7%106.5%38.7%20.2%
5 Year-97.8%-97.8%214.9%180.1%50.6%17.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Q Technology Group undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Q Technology Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Q Technology Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of QTG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Q Technology Group regulatory filings.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

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

38.0%

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 Q Technology Group 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 Q Technology Group performed over the past 5 years?

0.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QTG is currently unprofitable.

Growing Profit Margin: QTG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: QTG is unprofitable, but has reduced losses over the past 5 years at a rate of 0.9% per year.

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

Earnings vs Industry: QTG is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-74%).


Return on Equity

High ROE: QTG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Q Technology Group's financial position?


Financial Position Analysis

Short Term Liabilities: QTG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: QTG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: QTG has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: QTG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: QTG has a high level of physical assets or inventory.

Debt Coverage by Assets: QTG has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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

Forecast Cash Runway: QTG has less than a year of cash runway if free cash flow continues to reduce at historical rates of -8.4% each year


Next Steps

Dividend

What is Q Technology Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if QTG'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 QTG'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?

5.1yrs

Average board tenure


CEO

Andrew Phillips 0

2.4yrs

Tenure

AU$266,000

Compensation

Mr. Andrew Phillips has been Acting Chief Executive Officer of Q Technology Group Limited since August 22, 2017 and has been its Chief Executive Officer since November 2017. Mr. Phillips has been Chief Fin ...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD0.00) is below average for companies of similar size in the Australian market ($USD262.68K).

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


Board Members

NamePositionTenureCompensationOwnership
Howard Whitesmith
MD & Director3.3yrsAU$71.00k7.77% A$46.7k
Douglas Potter
Non-Executive Chairman5.1yrsAU$56.00kno data
Edmond Tern
Non-Executive Director5.1yrsAU$18.00k4.99% A$30.0k
Robert Rosa
Non-Executive Director5.1yrsAU$11.00k1.17% A$7.0k

5.1yrs

Average Tenure

Experienced Board: QTG's board of directors are considered experienced (5.1 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 115.1%.


Top Shareholders

Company Information

Q Technology Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Q Technology Group Limited
  • Ticker: QTG
  • Exchange: ASX
  • Founded:
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: AU$600.824k
  • Shares outstanding: 150.21m
  • Website: https://www.qtechnologygroup.com.au

Number of Employees


Location

  • Q Technology Group Limited
  • 5/435 Williamstown Road
  • Port Melbourne
  • Victoria
  • 3207
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QTGASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 1994
QTGCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 1994

Biography

Q Technology Group Limited does not have significant operations. Previously, it was engaged in the import and distribution of CCTV cameras, digital video recorders, security video management systems, and alarm systems in Australia. The company was formerly known as QRSciences Holdings Limited. Q Technology Group Limited is based in Port Melbourne, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/27 10:33
End of Day Share Price2019/10/30 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.