DB:34Q

Stock Analysis Report

Executive Summary

Quantum Numbers Corp. develops cryptographic solutions based on quantum random number generator in Canada.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Quantum Numbers's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-17.4%

34Q

-2.4%

DE Semiconductor

1.4%

DE Market


1 Year Return

-12.3%

34Q

-0.8%

DE Semiconductor

3.8%

DE Market

Return vs Industry: 34Q underperformed the German Semiconductor industry which returned -0.8% over the past year.

Return vs Market: 34Q underperformed the German Market which returned 3.8% over the past year.


Shareholder returns

34QIndustryMarket
7 Day-17.4%-2.4%1.4%
30 Day-32.2%-5.1%1.3%
90 Day-18.7%-1.0%3.1%
1 Year-12.3%-12.3%0.9%-0.8%7.0%3.8%
3 Yearn/a14.4%10.7%18.5%8.3%
5 Yearn/a98.9%88.8%42.2%22.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Quantum Numbers undervalued compared to its fair value and its price relative to the market?

5.57x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 34Q's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 34Q's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 34Q is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.

PE vs Market: 34Q is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 34Q's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 34Q is overvalued based on its PB Ratio (5.6x) compared to the DE Semiconductor industry average (2.3x).


Next Steps

Future Growth

How is Quantum Numbers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.6%

Forecasted Semiconductors 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 Quantum Numbers 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

  • Examine Quantum Numbers's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Quantum Numbers competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Semiconductors industry.

Past Performance

How has Quantum Numbers performed over the past 5 years?

-37.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 34Q is unprofitable, and losses have increased over the past 5 years at a rate of -37% per year.

Accelerating Growth: Unable to compare 34Q's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 34Q is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (20.6%).


Return on Equity

High ROE: 34Q has a negative Return on Equity (-65.42%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 34Q is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 34Q is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Quantum Numbers's financial position?


Financial Position Analysis

Short Term Liabilities: 34Q's short term assets (CA$601.5K) exceeds its short term liabilities (CA$28.4K)

Long Term Liabilities: 34Q has no long term liabilities


Debt to Equity History and Analysis

Debt Level: 34Q is debt free.

Reducing Debt: 34Q has no debt compared to 5 years ago when its debt to equity ratio was 10.4%.


Balance Sheet

Inventory Level: 34Q has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 34Q's debt is 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: 34Q has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 34Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of -38.9% each year


Next Steps

Dividend

What is Quantum Numbers's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 34Q's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 34Q'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 34Q's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 34Q'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 34Q's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

2.7yrs

Average management tenure


CEO

Jean-Charles Phaneuf 0

2.7yrs

Tenure

CA$230,261

Compensation

Mr. Jean-Charles Phaneuf serves as President and Chief Executive Officer since February 06, 2017 and Director since September 2017 at Quantum Numbers Corp. Mr. Phaneuf has several years of experience in th ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Jean-Charles's total compensation is reasonable compared to companies of similar size in the German market.

Compensation vs Earnings: Insufficient data to compare Jean-Charles's compensation with company performance.


Management Age and Tenure

2.7yrs

Average Tenure

Experienced Management: 34Q's management team is considered experienced (2.7 years average tenure).


Board Age and Tenure

2.1yrs

Average Tenure

Experienced Board: 34Q's board of directors are not considered experienced ( 2.1 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.


Ownership Breakdown


Management Team

  • Jean-Charles Phaneuf

    President

    • Tenure: 2.7yrs
    • Compensation: CA$230.26k
  • Maxime Lemieux (41yo)

    Corporate Secretary

    • Tenure: 2.1yrs
  • Pierre Miron

    CFO & Director

    • Tenure: 2.9yrs
    • Compensation: CA$72.00k

Board Members

  • Jean-Charles Phaneuf

    President

    • Tenure: 2.7yrs
    • Compensation: CA$230.26k
  • Marc Rousseau

    Director

    • Tenure: 2.1yrs
  • Pierre Samson

    Director

    • Tenure: 2.1yrs
  • Luc Paquet

    Director

    • Tenure: 2.9yrs
  • Pierre Miron

    CFO & Director

    • Tenure: 2.9yrs
    • Compensation: CA$72.00k

Company Information

Quantum Numbers Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Quantum Numbers Corp.
  • Ticker: 34Q
  • Exchange: DB
  • Founded: 2007
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: CA$6.658m
  • Listing Market Cap: CA$4.551m
  • Shares outstanding: 60.53m
  • Website: https://www.quantumnumberscorp.com

Location

  • Quantum Numbers Corp.
  • 3755 East Boulevard Matte
  • Suite 201
  • Brossard
  • Quebec
  • J4Y 2P4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QNCTSXV (TSX Venture Exchange)YesCommon SharesCACADAug 2008
34QDB (Deutsche Boerse AG)YesCommon SharesDEEURAug 2008
QNCC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDAug 2008

Biography

Quantum Numbers Corp. develops cryptographic solutions based on quantum random number generator in Canada. It develops and markets encrypted communication solutions for the financial/banking, military, mob ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 22:06
End of Day Share Price2019/10/18 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.