q.beyond AG

XTRA:QBY Stock Report

Market Cap: €92.2m

q.beyond Valuation

Is QBY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of QBY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: QBY (€0.74) is trading below our estimate of fair value (€2.08)

Significantly Below Fair Value: QBY is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for QBY?

Key metric: As QBY is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for QBY. This is calculated by dividing QBY's market cap by their current revenue.
What is QBY's PS Ratio?
PS Ratio0.5x
Sales€192.21m
Market Cap€92.19m

Price to Sales Ratio vs Peers

How does QBY's PS Ratio compare to its peers?

The above table shows the PS ratio for QBY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3x
DCIK DCI Database for Commerce and Industry
8.7xn/a€11.0m
IOS IONOS Group
2.1x8.3%€3.1b
3ITN audius
0.8x7.6%€64.0m
OBS ORBIS
0.4x4.0%€57.3m
QBY q.beyond
0.5x4.8%€92.2m

Price-To-Sales vs Peers: QBY is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (3x).

Price to Sales Ratio vs Industry

How does QBY's PS Ratio compare vs other companies in the DE IT Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
ASKN asknet Solutions
0.01x20.1%US$984.32k
No more companies available in this PS range
QBY 0.5xIndustry Avg. 0.7xNo. of Companies5PS00.61.21.82.43+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: QBY is good value based on its Price-To-Sales Ratio (0.5x) compared to the German IT industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is QBY's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

QBY PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ratio0.5x

Price-To-Sales vs Fair Ratio: QBY is good value based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst QBY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.74
€1.18
+58.8%
12.6%€1.40€1.00n/a4
Nov ’25€0.75
€1.18
+56.7%
12.6%€1.40€1.00n/a4
Oct ’25€0.75
€1.20
+60.0%
13.6%€1.40€1.00n/a3
Sep ’25€0.82
€1.20
+46.7%
13.6%€1.40€1.00n/a3
Aug ’25€0.86
€1.20
+40.2%
13.6%€1.40€1.00n/a3
Jul ’25€0.83
€1.20
+45.3%
16.7%€1.40€1.00n/a2
Jun ’25€0.89
€1.20
+34.8%
13.6%€1.40€1.00n/a3
May ’25€0.64
€1.07
+65.6%
24.6%€1.30€0.70n/a3
Apr ’25€0.57
€1.07
+87.1%
24.6%€1.30€0.70n/a3
Mar ’25€0.66
€1.07
+61.6%
24.6%€1.30€0.70n/a3
Feb ’25€0.68
€1.07
+57.3%
24.6%€1.30€0.70n/a3
Jan ’25€0.60
€1.07
+79.0%
24.6%€1.30€0.70n/a3
Dec ’24€0.62
€1.07
+73.2%
24.6%€1.30€0.70n/a3
Nov ’24€0.57
€1.23
+116.4%
3.8%€1.30€1.20€0.753
Oct ’24€0.66
€1.23
+85.7%
3.8%€1.30€1.20€0.753
Sep ’24€0.68
€1.23
+80.8%
3.8%€1.30€1.20€0.823
Jun ’24€0.69
€1.30
+87.9%
13.3%€1.60€1.20€0.894
May ’24€0.73
€1.58
+114.6%
14.5%€1.80€1.20€0.644
Apr ’24€0.87
€1.58
+81.0%
14.5%€1.80€1.20€0.574
Mar ’24€1.00
€1.63
+62.5%
9.1%€1.80€1.40€0.664
Feb ’24€1.13
€1.63
+43.8%
9.1%€1.80€1.40€0.684
Jan ’24€0.77
€1.63
+110.5%
9.1%€1.80€1.40€0.604
Dec ’23€0.79
€1.63
+104.9%
9.1%€1.80€1.40€0.624
Nov ’23€0.84
€2.10
+150.9%
29.0%€2.80€1.40€0.574

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

Computacenter

UK£2.3b

Provides technology and services to corporate and public sector organizations in the United Kingdom, Germany, France, North America, and internationally.

COUD

UK£26.00

7D

-0.8%

1Y

-14.6%

INTERSHOP Communications

€28.1m

Offers B2B ecommerce solutions in Germany and internationally.

ISHA

€1.90

7D

5.0%

1Y

31.9%

RingCentral

US$3.2b

Provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide.

3RCA

US$32.37

7D

-4.9%

1Y

23.1%