company background image
QUB

Qube HoldingsASX:QUB Stock Report

Market Cap

AU$6.1b

7D

-0.9%

1Y

17.6%

Updated

26 Oct, 2021

Data

Company Financials +
QUB fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends2/6

QUB Overview

Qube Holdings Limited, together with its subsidiaries, provides logistics solutions for import and export supply chain in Australia.

Qube Holdings Competitors

Mineral Resources

ASX:MIN

AU$7.5b

Eagers Automotive

ASX:APE

AU$4.0b

Super Retail Group

ASX:SUL

AU$3.0b

GUD Holdings

ASX:GUD

AU$1.1b

Price History & Performance

Summary of all time highs, changes and price drops for Qube Holdings
Historical stock prices
Current Share PriceAU$3.20
52 Week HighAU$2.58
52 Week LowAU$3.46
Beta0.93
1 Month Change-2.74%
3 Month Change8.84%
1 Year Change17.65%
3 Year Change30.61%
5 Year Change48.15%
Change since IPO199.07%

Recent News & Updates

Sep 11
Qube Holdings' (ASX:QUB) Upcoming Dividend Will Be Larger Than Last Year's

Qube Holdings' (ASX:QUB) Upcoming Dividend Will Be Larger Than Last Year's

Qube Holdings Limited's ( ASX:QUB ) dividend will be increasing to AU$0.035 on 22nd of October. Even though the...

Aug 28
Qube Holdings' (ASX:QUB) Dividend Will Be Increased To AU$0.035

Qube Holdings' (ASX:QUB) Dividend Will Be Increased To AU$0.035

Qube Holdings Limited's ( ASX:QUB ) dividend will be increasing to AU$0.035 on 22nd of October. Although the dividend...

Shareholder Returns

QUBAU InfrastructureAU Market
7D-0.9%0.5%0.8%
1Y17.6%11.6%24.4%

Return vs Industry: QUB exceeded the Australian Infrastructure industry which returned 11.6% over the past year.

Return vs Market: QUB underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is QUB's price volatile compared to industry and market?
QUB volatility
QUB Beta0.93
Industry Beta0.69
Market Beta1

Stable Share Price: QUB is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: QUB's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20116,500Paul Digneyhttps://www.qube.com.au

Qube Holdings Limited, together with its subsidiaries, provides logistics solutions for import and export supply chain in Australia. The company’s Operating Division offers services relating to the import and export of primarily containerized cargo. This division provides various services, including physical and documentary processes, and tasks of the import/export supply chain, such as road and rail transport of containers to and from ports, operation of container parks, customs and quarantine services, warehousing, intermodal terminals, international freight forwarding, and bulk rail haulage for rural commodities.

Qube Holdings Fundamentals Summary

How do Qube Holdings's earnings and revenue compare to its market cap?
QUB fundamental statistics
Market CapAU$6.14b
Earnings (TTM)-AU$44.00m
Revenue (TTM)AU$1.95b

3.1x

P/S Ratio

-139.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QUB income statement (TTM)
RevenueAU$1.95b
Cost of RevenueAU$1.49b
Gross ProfitAU$464.20m
ExpensesAU$508.20m
Earnings-AU$44.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.023
Gross Margin23.79%
Net Profit Margin-2.25%
Debt/Equity Ratio45.6%

How did QUB perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

-259%

Payout Ratio

Valuation

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

1.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: QUB (A$3.2) is trading above our estimate of fair value (A$2.05)

Significantly Below Fair Value: QUB is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: QUB's PB Ratio (1.8x) is in line with the AU Infrastructure industry average.


Future Growth

How is Qube Holdings forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

35.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QUB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: QUB is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: QUB's is expected to become profitable in the next 3 years.

Revenue vs Market: QUB's revenue (6.2% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: QUB's revenue (6.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: QUB's Return on Equity is forecast to be low in 3 years time (6.8%).


Past Performance

How has Qube Holdings performed over the past 5 years?

-2.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QUB is currently unprofitable.

Growing Profit Margin: QUB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: QUB is unprofitable, and losses have increased over the past 5 years at a rate of 2.8% per year.

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

Earnings vs Industry: QUB is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (22.2%).


Return on Equity

High ROE: QUB has a negative Return on Equity (-1.3%), as it is currently unprofitable.


Financial Health

How is Qube Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: QUB's short term assets (A$2.2B) exceed its short term liabilities (A$626.2M).

Long Term Liabilities: QUB's short term assets (A$2.2B) do not cover its long term liabilities (A$2.3B).


Debt to Equity History and Analysis

Debt Level: QUB's debt to equity ratio (45.6%) is considered high.

Reducing Debt: QUB's debt to equity ratio has increased from 32.8% to 45.6% over the past 5 years.

Debt Coverage: QUB's debt is well covered by operating cash flow (23.4%).

Interest Coverage: QUB's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet


Dividend

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

1.87%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: QUB's dividend (1.87%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: QUB's dividend (1.87%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).


Stability and Growth of Payments

Stable Dividend: QUB's dividend payments have been volatile in the past 10 years.

Growing Dividend: QUB's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: QUB is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: QUB's dividends in 3 years are forecast to be covered by earnings (66.2% payout ratio).


Next Steps

Management

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

5.3yrs

Average management tenure


CEO

Paul Digney

0.25

Tenure

AU$2,247,437

Compensation

Mr. Paul Digney is Managing Director at Qube Holdings Limited since July 1, 2021. He has been a Director of Chalmers Limited since August 2019. Mr. Digney had been the Chief Operating Officer of Qube Holdi...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD1.68M) is about average for companies of similar size in the Australian market ($USD1.79M).

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


Leadership Team

Experienced Management: QUB's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: QUB's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: QUB insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Qube Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Qube Holdings Limited
  • Ticker: QUB
  • Exchange: ASX
  • Founded: 2011
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: AU$6.144b
  • Shares outstanding: 1.92b
  • Website: https://www.qube.com.au

Number of Employees


Location

  • Qube Holdings Limited
  • 45 Clarence Street
  • Level 27
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:27
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.