TSXV:QST

Stock Analysis Report

Questor Technology

Executive Summary

Questor Technology Inc., an environmental cleantech company, focuses on clean air technologies in Canada and internationally.

Snowflake

Fundamentals

Flawless balance sheet with high growth potential.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-4.6%

QST

-0.6%

CA Energy Services

0.2%

CA Market


1 Year Return

45.5%

QST

-36.9%

CA Energy Services

1.2%

CA Market

Return vs Industry: QST exceeded the Canadian Energy Services industry which returned -36.9% over the past year.

Return vs Market: QST exceeded the Canadian Market which returned 1.2% over the past year.


Shareholder returns

QSTIndustryMarket
7 Day-4.6%-0.6%0.2%
30 Day5.9%-13.6%-2.5%
90 Day-12.8%-18.2%-1.5%
1 Year45.5%45.5%-35.1%-36.9%4.7%1.2%
3 Year407.3%407.3%-43.1%-47.2%14.0%3.8%
5 Year26.1%26.1%-69.3%-72.7%26.4%8.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Questor Technology 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: QST (CA$4.16) is trading below our estimate of fair value (CA$9.08)

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


Price To Earnings Ratio

PE vs Industry: QST is good value based on its PE Ratio (14.5x) compared to the Energy Services industry average (15.8x).

PE vs Market: QST is poor value based on its PE Ratio (14.5x) compared to the Canadian market (13.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: QST is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: QST is overvalued based on its PB Ratio (3.5x) compared to the CA Energy Services industry average (0.8x).


Next Steps

Future Growth

How is Questor Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

33.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QST's forecast earnings growth (33.5% per year) is above the savings rate (1.9%).

Earnings vs Market: QST's earnings (33.5% per year) are forecast to grow faster than the Canadian market (13.3% per year).

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

Revenue vs Market: QST's revenue (17.6% per year) is forecast to grow faster than the Canadian market (5.7% per year).

High Growth Revenue: QST's revenue (17.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: QST's Return on Equity is forecast to be high in 3 years time (27.6%)


Next Steps

Past Performance

How has Questor Technology performed over the past 5 years?

36.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: QST's earnings have grown significantly by 36.3% per year over the past 5 years.

Accelerating Growth: QST's earnings growth over the past year (20.6%) is below its 5-year average (36.3% per year).

Earnings vs Industry: QST earnings growth over the past year (20.6%) exceeded the Energy Services industry 15.8%.


Return on Equity

High ROE: QST's Return on Equity (23.9%) is considered high.


Return on Assets

ROA vs Industry: QST has a higher Return on Assets than the Energy Services industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Questor Technology's financial position?


Financial Position Analysis

Short Term Liabilities: QST's short term assets (CA$18.1M) exceeds its short term liabilities (CA$4.7M)

Long Term Liabilities: QST's short term assets (18.1M) exceeds its long term liabilities (1.1M)


Debt to Equity History and Analysis

Debt Level: QST is debt free.

Reducing Debt: QST has not had any debt for past 5 years.

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

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


Balance Sheet

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

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


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.9%industryaverage5.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Growing Dividend: Insufficient data to determine if QST'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 QST's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Audrey Mascarenhas 0

14.3yrs

Tenure

CA$392,080

Compensation

Ms. Audrey Mascarenhas, P.Eng and M. Eng, has been the President and Chief Executive Officer at Questor Technology, Inc. since June 7, 2005. Ms. Mascarenhas served as the Chief Operating Officer and Execut ...


CEO Compensation Analysis

Compensation vs. Market: Audrey's total compensation ($USD297.26K) is about average for companies of similar size in the Canadian market ($USD121.38K).

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


Management Age and Tenure

4.8yrs

Average Tenure

Experienced Management: QST's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

6.1yrs

Average Tenure

Experienced Board: QST's board of directors are considered experienced (6.1 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

SellCA$119,52027 Jun 19
John Sutherland
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares24,000
Max PriceCA$4.98
SellCA$203,00011 Jun 19
John Sutherland
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares40,600
Max PriceCA$5.00
SellCA$280,00007 Jun 19
John Sutherland
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares56,000
Max PriceCA$5.00
SellCA$306,25031 May 19
John Sutherland
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares61,250
Max PriceCA$5.00
SellCA$207,03023 May 19
John Sutherland
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares40,200
Max PriceCA$5.15
SellCA$105,00022 May 19
Jean-Michel Gires
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares20,000
Max PriceCA$5.25
SellCA$166,95022 May 19
John Sutherland
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares31,800
Max PriceCA$5.25
SellCA$90,16521 May 19
Justin Mahendra
EntityIndividual
Role
Head of Sales
Vice President of Sales & Marketing
Shares17,500
Max PriceCA$5.20
BuyCA$192,11818 Apr 19
Alan Hanlon
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares40,000
Max PriceCA$4.85
SellCA$4,620,00017 Apr 19
James Inkster
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares1,000,000
Max PriceCA$4.62
SellCA$48,00025 Feb 19
John Sutherland
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares9,600
Max PriceCA$5.00
SellCA$80,40028 Jan 19
Justin Mahendra
EntityIndividual
Role
Head of Sales
Vice President of Sales & Marketing
Shares20,000
Max PriceCA$4.02

Ownership Breakdown


Management Team

  • Audrey Mascarenhas

    President

    • Tenure: 14.3yrs
    • Compensation: CA$392.08k
  • Dan Zivkusic

    CFO & Corporate Secretary

    • Tenure: 4yrs
    • Compensation: CA$271.58k
  • John Sutherland

    Chief Operating Officer

    • Tenure: 5.7yrs
    • Compensation: CA$286.58k
  • Bob Miller

    President of ClearPower Systems Inc.

    • Tenure: 0yrs
  • Justin Mahendra

    Vice President of Sales & Marketing

    • Tenure: 2.1yrs

Board Members

  • Jean-Michel Gires

    Independent Director

    • Tenure: 6.1yrs
    • Compensation: CA$23.50k
  • Audrey Mascarenhas

    President

    • Tenure: 14.3yrs
    • Compensation: CA$392.08k
  • James Inkster

    Independent Chairman of the Board

    • Tenure: 0yrs
    • Compensation: CA$24.00k
  • Stew Hanlon (59yo)

    Independent Director

    • Tenure: 1.9yrs
    • Compensation: CA$24.00k

Company Information

Questor Technology Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Questor Technology Inc.
  • Ticker: QST
  • Exchange: TSXV
  • Founded: 1994
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: CA$112.953m
  • Shares outstanding: 27.15m
  • Website: https://www.questortech.com

Location

  • Questor Technology Inc.
  • 140 – 4th Avenue SW
  • Suite 2240
  • Calgary
  • Alberta
  • T2P 3N3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QSTTSXV (TSX Venture Exchange)YesCommon SharesCACADMar 1998
QUTI.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 1998
79QDB (Deutsche Boerse AG)YesCommon SharesDEEURMar 1998

Biography

Questor Technology Inc., an environmental cleantech company, focuses on clean air technologies in Canada and internationally. The company designs, manufactures, and services waste gas combustion systems; p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 23:39
End of Day Share Price2019/10/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.