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QBY

q.beyond DB:QBY Stock Report

Last Price

€1.07

Market Cap

€134.5m

7D

0.2%

1Y

-41.7%

Updated

25 Jul, 2022

Data

Company Financials +
QBY fundamental analysis
Snowflake Score
Valuation6/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends0/6

QBY Stock Overview

q.beyond AG engages in the cloud, SAP, and Internet of Things (IoT) businesses in Germany and internationally.

q.beyond Competitors

Price History & Performance

Summary of all time highs, changes and price drops for q.beyond
Historical stock prices
Current Share Price€1.07
52 Week High€2.04
52 Week Low€0.97
Beta1.24
1 Month Change-4.46%
3 Month Change-26.27%
1 Year Change-41.74%
3 Year Change-22.88%
5 Year Change-43.28%
Change since IPO-93.69%

Recent News & Updates

Shareholder Returns

QBYDE ITDE Market
7D0.2%8.0%1.8%
1Y-41.7%-21.5%-22.0%

Return vs Industry: QBY underperformed the German IT industry which returned -22.5% over the past year.

Return vs Market: QBY underperformed the German Market which returned -21.9% over the past year.

Price Volatility

Is QBY's price volatile compared to industry and market?
QBY volatility
QBY Average Weekly Movement5.1%
IT Industry Average Movement6.0%
Market Average Movement5.7%
10% most volatile stocks in DE Market10.3%
10% least volatile stocks in DE Market2.9%

Stable Share Price: QBY is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: QBY's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19971,126Jürgen Hermannhttps://www.qbeyond.de

q.beyond AG engages in the cloud, SAP, and Internet of Things (IoT) businesses in Germany and internationally. It operates in two segments: Cloud & IoT, and SAP. The Cloud & IoT segment provides virtual IT workplaces, business applications, IT resources, software competence, sensors and gateway hardware, and secure data transmission and storage, as well as outsourcing and colocation services.

q.beyond Fundamentals Summary

How do q.beyond's earnings and revenue compare to its market cap?
QBY fundamental statistics
Market Cap€134.55m
Earnings (TTM)€9.65m
Revenue (TTM)€158.94m

13.9x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QBY income statement (TTM)
Revenue€158.94m
Cost of Revenue€140.83m
Gross Profit€18.11m
Other Expenses€8.46m
Earnings€9.65m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 08, 2022

Earnings per share (EPS)0.077
Gross Margin11.39%
Net Profit Margin6.07%
Debt/Equity Ratio0%

How did QBY perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

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

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

QBY key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA-21.9x
PEG Ratio0.2x

Price to Earnings Ratio vs Peers

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

QBY PE Ratio vs Peers
The above table shows the PE ratio for QBY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average28.8x
DCIK DCI Database for Commerce and Industry
6xn/a€5.3m
KSC KPS
21.6x20.9%€151.1m
NVQ Novabase S.G.P.S
19.6x13.9%€149.8m
SHF SNP Schneider-Neureither & Partner
67.8x49.4%€195.3m
QBY q.beyond
13.9x68.4%€134.5m

Price-To-Earnings vs Peers: QBY is good value based on its Price-To-Earnings Ratio (13.9x) compared to the peer average (28.8x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: QBY is good value based on its Price-To-Earnings Ratio (13.9x) compared to the German IT industry average (24.5x)


Price to Earnings Ratio vs Fair Ratio

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

QBY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.9x
Fair PE Ratio54.5x

Price-To-Earnings vs Fair Ratio: QBY is good value based on its Price-To-Earnings Ratio (13.9x) compared to the estimated Fair Price-To-Earnings Ratio (54.5x).


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 (€1.07) is trading below our estimate of fair value (€3.59)

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


Analyst Price Targets

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

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


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Future Growth

How is q.beyond forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


68.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QBY's forecast earnings growth (68.4% per year) is above the savings rate (-0.01%).

Earnings vs Market: QBY's earnings (68.4% per year) are forecast to grow faster than the German market (8.4% per year).

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

Revenue vs Market: QBY's revenue (13% per year) is forecast to grow faster than the German market (4.7% per year).

High Growth Revenue: QBY's revenue (13% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: QBY's Return on Equity is forecast to be low in 3 years time (2.8%).


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Past Performance

How has q.beyond performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


4.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: QBY has a high level of non-cash earnings.

Growing Profit Margin: QBY became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: QBY has become profitable over the past 5 years, growing earnings by 4.1% per year.

Accelerating Growth: QBY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: QBY has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (22.7%).


Return on Equity

High ROE: QBY's Return on Equity (6.8%) is considered low.


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Financial Health

How is q.beyond's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: QBY's short term assets (€97.6M) exceed its short term liabilities (€35.7M).

Long Term Liabilities: QBY's short term assets (€97.6M) exceed its long term liabilities (€13.0M).


Debt to Equity History and Analysis

Debt Level: QBY is debt free.

Reducing Debt: QBY has no debt compared to 5 years ago when its debt to equity ratio was 174.2%.

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

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


Balance Sheet


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Dividend

What is q.beyond current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if QBY's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: QBY is not paying a notable dividend for the German market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as QBY has not reported any payouts.


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Management

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

9.2yrs

Average board tenure


CEO

Jürgen Hermann (58 yo)

13.25yrs

Tenure

€408,000

Compensation

Mr. Jürgen Hermann has been the Chief Executive Officer and Member of Management Board at q.beyond AG (formerly known as QSC AG) since May 30, 2013 and April 1, 2009 respectively. Mr. Hermann served as the...


CEO Compensation Analysis

Compensation vs Market: Jürgen's total compensation ($USD416.62K) is about average for companies of similar size in the German market ($USD424.10K).

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


Board Members

Experienced Board: QBY's board of directors are considered experienced (9.2 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Company Information

q.beyond AG's employee growth, exchange listings and data sources


Key Information

  • Name: q.beyond AG
  • Ticker: QBY
  • Exchange: DB
  • Founded: 1997
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Implied Market Cap: €134.546m
  • Shares outstanding: 124.58m
  • Website: https://www.qbeyond.de

Number of Employees


Location

  • q.beyond AG
  • Mathias-BrUeggen-Strasse 55
  • Cologne
  • North Rhine-Westphalia
  • 50829
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/25 00:00
End of Day Share Price2022/07/25 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.