QIS Stock Overview
Quorum Information Technologies Inc., an information technology company, focuses on the automotive retail business in Canada and the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$1.13|
|52 Week High||CA$1.50|
|52 Week Low||CA$0.93|
|1 Month Change||1.80%|
|3 Month Change||0%|
|1 Year Change||13.00%|
|3 Year Change||76.56%|
|5 Year Change||91.53%|
|Change since IPO||151.11%|
Recent News & Updates
It's Unlikely That Quorum Information Technologies Inc.'s (CVE:QIS) CEO Will See A Huge Pay Rise This Year
Quorum Information Technologies Inc. ( CVE:QIS ) has exhibited strong share price growth in the past few years...
Does Quorum Information Technologies (CVE:QIS) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|QIS||CA Software||CA Market|
Return vs Industry: QIS underperformed the Canadian Software industry which returned 26.9% over the past year.
Return vs Market: QIS underperformed the Canadian Market which returned 19% over the past year.
|QIS Average Weekly Movement||6.4%|
|Software Industry Average Movement||11.8%|
|Market Average Movement||9.4%|
|10% most volatile stocks in CA Market||17.0%|
|10% least volatile stocks in CA Market||3.6%|
Stable Share Price: QIS is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: QIS's weekly volatility (6%) has been stable over the past year.
About the Company
Quorum Information Technologies Inc., an information technology company, focuses on the automotive retail business in Canada and the United States. The company develops, markets, implements, and supports XSellerator, a dealership management system that automates, integrates, and streamlines processes across departments in a dealership; and DealerMine CRM, a sales and service customer relationship management system, as well as a set of business development center services. It also offers Autovance, a retailing platform that helps dealerships attract more business through digital retailing, and enhances in-store profits and closing rates through its desking tool; and Advantage, a showroom system for franchised and independent dealerships, as well as a management system that includes accounting for the independent markets.
Quorum Information Technologies Fundamentals Summary
|QIS fundamental statistics|
Is QIS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|QIS income statement (TTM)|
|Cost of Revenue||CA$19.37m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.016|
|Net Profit Margin||-3.33%|
How did QIS perform over the long term?See historical performance and comparison
Is Quorum Information Technologies undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate QIS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate QIS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: QIS is unprofitable, so we can't compare its PE Ratio to the Canadian Software industry average.
PE vs Market: QIS is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate QIS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: QIS is good value based on its PB Ratio (2.8x) compared to the CA Software industry average (4.7x).
How is Quorum Information Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if QIS's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if QIS's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: QIS's revenue (11.5% per year) is forecast to grow faster than the Canadian market (5.7% per year).
High Growth Revenue: QIS's revenue (11.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if QIS's Return on Equity is forecast to be high in 3 years time
How has Quorum Information Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QIS is currently unprofitable.
Growing Profit Margin: QIS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: QIS is unprofitable, and losses have increased over the past 5 years at a rate of 58.1% per year.
Accelerating Growth: Unable to compare QIS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: QIS is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (35.4%).
Return on Equity
High ROE: QIS has a negative Return on Equity (-3.96%), as it is currently unprofitable.
How is Quorum Information Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: QIS's short term assets (CA$12.0M) exceed its short term liabilities (CA$4.4M).
Long Term Liabilities: QIS's short term assets (CA$12.0M) do not cover its long term liabilities (CA$14.1M).
Debt to Equity History and Analysis
Debt Level: QIS's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: QIS's debt to equity ratio has increased from 1.9% to 30% over the past 5 years.
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: QIS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: QIS has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 2.2% each year.
What is Quorum Information Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate QIS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate QIS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if QIS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if QIS'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 QIS's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Maury R. Marks, B.Mgt., CA Founded Quorum Information Technologies Inc. and serves as its President and Chief Executive Officer since September 1996. Mr. Marks has been Director of Quorum Information T...
CEO Compensation Analysis
Compensation vs Market: Maury's total compensation ($USD220.09K) is above average for companies of similar size in the Canadian market ($USD165.14K).
Compensation vs Earnings: Maury's compensation has increased whilst the company is unprofitable.
Experienced Management: QIS's management team is considered experienced (3.5 years average tenure).
Experienced Board: QIS's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: QIS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Quorum Information Technologies Inc.'s employee growth, exchange listings and data sources
- Name: Quorum Information Technologies Inc.
- Ticker: QIS
- Exchange: TSXV
- Founded: 1996
- Industry: Systems Software
- Sector: Software
- Market Cap: CA$82.347m
- Shares outstanding: 72.87m
- Website: https://www.quoruminformationsystems.com
- Quorum Information Technologies Inc.
- 6020-2nd Street SE
- T2H 2L8
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/02 23:22|
|End of Day Share Price||2021/12/01 00:00|
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.