BST:QNT2

Stock Analysis Report

Executive Summary

Quantum Corporation provides products for storing and managing video and video-like data in the Americas, Europe, and the Asia Pacific.


Snowflake Analysis

Moderate growth potential with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: QNT2's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-13.5%

QNT2

-1.9%

DE Tech

-0.2%

DE Market


1 Year Return

n/a

QNT2

15.4%

DE Tech

13.7%

DE Market

Return vs Industry: Insufficient data to determine how QNT2 performed against the German Tech industry.

Return vs Market: Insufficient data to determine how QNT2 performed against the German Market.


Shareholder returns

QNT2IndustryMarket
7 Day-13.5%-1.9%-0.2%
30 Day-28.9%10.4%0.3%
90 Day-0.4%21.0%3.7%
1 Yearn/a16.3%15.4%17.2%13.7%
3 Yearn/a158.4%153.0%15.4%5.3%
5 Yearn/a93.4%70.5%21.3%4.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


Share Price vs. Fair Value

Below Fair Value: QNT2 (€4.8) is trading above our estimate of fair value (€0.91)

Significantly Below Fair Value: QNT2 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: QNT2 is unprofitable, so we can't compare its PE Ratio to the Tech industry average.

PE vs Market: QNT2 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 QNT2's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: QNT2 has negative assets, so we can't compare its PB Ratio to the XE Tech industry average.


Next Steps

Future Growth

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

218.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QNT2 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).

Earnings vs Market: QNT2 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: QNT2's is expected to become profitable in the next 3 years.

Revenue vs Market: QNT2's revenue (4.1% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: QNT2's revenue (4.1% 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 QNT2's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Quantum performed over the past 5 years?

-17.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QNT2 is currently unprofitable.

Growing Profit Margin: QNT2 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: QNT2 is unprofitable, and losses have increased over the past 5 years at a rate of -17.7% per year.

Accelerating Growth: Unable to compare QNT2's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: QNT2 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-8.4%).


Return on Equity

High ROE: QNT2's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Quantum's financial position?


Financial Position Analysis

Short Term Liabilities: QNT2 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: QNT2 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: QNT2 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: QNT2's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: QNT2 has a high level of physical assets or inventory.

Debt Coverage by Assets: QNT2 has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: QNT2 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if QNT2 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.3%markettop25%3.7%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate QNT2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate QNT2's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if QNT2's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if QNT2'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 QNT2's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

1.5yrs

Average management tenure


CEO

Jamie Lerner (49yo)

1.6yrs

Tenure

US$2,365,939

Compensation

Mr. James J. Lerner, also known as Jamie, has been Chief Executive Officer and President of Quantum Corp since July 1, 2018 and its Chairman since 2018. He is responsible for overseeing the day-to-day oper ...


CEO Compensation Analysis

Compensation vs Market: Jamie's total compensation ($USD2.37M) is above average for companies of similar size in the German market ($USD625.18K).

Compensation vs Earnings: Insufficient data to compare Jamie's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
James Lerner
Chairman1.6yrsUS$2.37m1.66% $3.3m
James Dodson
Senior VP1.8yrsUS$1.16m0.60% $1.2m
Lewis Moorehead
Chief Accounting Officer1.3yrsUS$467.04k0.15% $287.6k
Donald Martella
Senior Vice President of Engineering8.8yrsUS$352.95k0.25% $498.7k
Regan MacPherson
Chief Legal & Compliance Officer0.3yrsno datano data
Elizabeth King
Chief Revenue Officer0.9yrsno data0.25% $493.0k
Christopher Willis
Vice President of Financial Planning & Analysis0yrsUS$359.65kno data

1.5yrs

Average Tenure

52.5yo

Average Age

Experienced Management: QNT2's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
James Lerner
Chairman1.6yrsUS$2.37m1.66% $3.3m
Marc Rothman
Independent Director2.8yrsUS$92.50k0.057% $111.6k
John Fichthorn
Independent Director0.8yrsno data0.17% $326.5k
Raghavendra Rau
Independent Director2.9yrsUS$76.72k0.22% $429.8k
Rebecca Jacoby
Director0.2yrsno datano data

2.1yrs

Average Tenure

55yo

Average Age

Experienced Board: QNT2's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.1%.


Top Shareholders

Company Information

Quantum Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Quantum Corporation
  • Ticker: QNT2
  • Exchange: BST
  • Founded: 1980
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: US$212.048m
  • Listing Market Cap: US$196.484m
  • Shares outstanding: 39.86m
  • Website: https://www.quantum.com

Number of Employees


Location

  • Quantum Corporation
  • 224 Airport Parkway
  • Suite 550
  • San Jose
  • California
  • 95110
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QMCONasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDJul 1999
QNT2DB (Deutsche Boerse AG)YesCommon StockDEEURJul 1999
QNT2BST (Boerse-Stuttgart)YesCommon StockDEEURJul 1999

Biography

Quantum Corporation provides products for storing and managing video and video-like data in the Americas, Europe, and the Asia Pacific. The company offers StorNext software systems for video editing, and management of large video and image datasets; and Scalar tape systems that provide long-term data storage facility to archive and preserve digital content for decades. It also provides DXi backup systems for backup storage and multi-site disaster recovery; and surveillance and industrial Internet of Things storage systems, such as Cloud Storage Platform Software that offer block storage to record and store video. In addition, the company offers Ruggedized Storage Systems, which are removable storage systems for in-vehicle data capture, mobile surveillance, and military applications; and related maintenance, implementation, and training services. Further, it sells linear tape-open (LTO) tape cartridges, as well as standalone LTO tape drives for small business and desktop applications. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 22:45
End of Day Share Price2020/02/20 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.