QPR Software Oyj (HLSE:QPR1V) - Share price, News & Analysis

QPR1V fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

QPR1V Stock Overview

QPR Software Oyj provides services and software tools for developing business processes and enterprise architecture in Finland, rest of Europe, Russia, Turkey, and internationally.

Rewards

Trading at 76% below our estimate of its fair value

Revenue is forecast to grow 8.22% per year

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

Does not have a meaningful market cap (€14M)

QPR Software Oyj Competitors

Price History & Performance

Summary of all time highs, changes and price drops for QPR Software Oyj
Historical stock prices
Current Share Price	€0.85
52 Week High	€2.09
52 Week Low	€0.85
Beta	0.75
1 Month Change	-14.14%
3 Month Change	-37.27%
1 Year Change	-58.33%
3 Year Change	-59.14%
5 Year Change	-52.51%
Change since IPO	-62.88%

Shareholder Returns

	QPR1V	FI Software	FI Market
7D	-4.5%	1.7%	-1.4%
1Y	-58.3%	-16.0%	-19.8%

Return vs Industry: QPR1V underperformed the Finnish Software industry which returned -16% over the past year.

Return vs Market: QPR1V underperformed the Finnish Market which returned -19.8% over the past year.

Price Volatility

Is QPR1V's price volatile compared to industry and market?
QPR1V volatility
QPR1V Average Weekly Movement	6.5%
Software Industry Average Movement	6.1%
Market Average Movement	5.4%
10% most volatile stocks in FI Market	8.4%
10% least volatile stocks in FI Market	3.4%

Stable Share Price: QPR1V is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: QPR1V's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1991	79	Jussi Vasama	https://www.qpr.com

QPR Software Oyj provides services and software tools for developing business processes and enterprise architecture in Finland, rest of Europe, Russia, Turkey, and internationally. It offers QPR EnterpriseArchitect, an enterprise architecture modeling software; QPR ProcessDesigner, a process management tool for business operations that include model comparison, and interdependency analysis; QPR ProcessAnalyzer, a process mining software; and QPR BusinessPortal for accessing, navigating, and understanding the content of business processes, IT landscape designs, and enterprise architecture models.

QPR Software Oyj Fundamentals Summary

How do QPR Software Oyj's earnings and revenue compare to its market cap?
QPR1V fundamental statistics
Market Cap	€13.64m
Earnings (TTM)	-€1.91m
Revenue (TTM)	€8.44m

1.6x

P/S Ratio

-7.2x

P/E Ratio

Is QPR1V overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
QPR1V income statement (TTM)
Revenue	€8.44m
Cost of Revenue	€7.96m
Gross Profit	€477.00k
Other Expenses	€2.38m
Earnings	-€1.91m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 03, 2022

Earnings per share (EPS)	-0.12
Gross Margin	5.65%
Net Profit Margin	-22.59%
Debt/Equity Ratio	2,941.2%

How did QPR1V perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is QPR1V undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for QPR1V?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for QPR1V. This is calculated by dividing QPR1V's market cap by their current preferred multiple.
What is QPR1V's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	€13.64m

QPR1V 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/Revenue	1.8x
Enterprise Value/EBITDA	-9.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does QPR1V's PS Ratio compare to its peers?

QPR1V PS Ratio vs Peers

The above table shows the PS ratio for QPR1V vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PS	Estimated Growth	Market Cap
Peer Average	1x

Forward PS

Price-To-Sales vs Peers: QPR1V is expensive based on its Price-To-Sales Ratio (1.6x) compared to the peer average (1x).

Price to Earnings Ratio vs Industry

How does QPR1V's PE Ratio compare vs other companies in the Software Industry?

Price-To-Sales vs Industry: QPR1V is good value based on its Price-To-Sales Ratio (1.6x) compared to the Finnish Software industry average (2.8x)

Price to Sales Ratio vs Fair Ratio

What is QPR1V'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.

QPR1V PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.6x
Fair PS Ratio	0.6x

Price-To-Sales vs Fair Ratio: QPR1V is expensive based on its Price-To-Sales Ratio (1.6x) compared to the estimated Fair Price-To-Sales Ratio (0.6x).

Share Price vs Fair Value

What is the Fair Price of QPR1V when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: QPR1V (€0.85) is trading below our estimate of fair value (€3.54)

Significantly Below Fair Value: QPR1V is trading below fair value by more than 20%.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate QPR1V's PEG Ratio to determine if it is good value.

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Future Growth

How is QPR Software Oyj forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

1/6

Future Growth Score 1/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

53.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: QPR1V is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: QPR1V is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: QPR1V is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: QPR1V's revenue (8.2% per year) is forecast to grow faster than the Finnish market (1.9% per year).

High Growth Revenue: QPR1V's revenue (8.2% 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 QPR1V's Return on Equity is forecast to be high in 3 years time

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Past Performance

How has QPR Software Oyj performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-56.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: QPR1V is currently unprofitable.

Growing Profit Margin: QPR1V is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: QPR1V is unprofitable, and losses have increased over the past 5 years at a rate of 56.4% per year.

Accelerating Growth: Unable to compare QPR1V's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: QPR1V is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (5.5%).

Return on Equity

High ROE: QPR1V has a negative Return on Equity (-3737.25%), as it is currently unprofitable.

Discover strong past performing companies

Financial Health

How is QPR Software Oyj's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: QPR1V's short term assets (€2.3M) do not cover its short term liabilities (€5.0M).

Long Term Liabilities: QPR1V has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: QPR1V's net debt to equity ratio (2821.6%) is considered high.

Reducing Debt: Insufficient data to determine if QPR1V's debt to equity ratio has reduced over the past 5 years.

Balance Sheet

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: QPR1V has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if QPR1V has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

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Dividend

What is QPR Software Oyj 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
Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate QPR1V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate QPR1V'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 QPR1V's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if QPR1V's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: QPR1V is not paying a notable dividend for the Finnish market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as QPR1V has not reported any payouts.

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Management

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

1.6yrs

Average management tenure

CEO

Jussi Vasama (47 yo)

0.67

Tenure

€75,939

Compensation

Mr. Jussi Vasama has been Chief Executive Officer at QPR Software Plc(Formerly Known as QPR Software Oyj) since October 1, 2021. Mr. Vasama had been Chief Customer Officer at BasWare Oyj since 2019 until J...

CEO Compensation Analysis

Compensation vs Market: Jussi's total compensation ($USD80.10K) is below average for companies of similar size in the Finnish market ($USD285.33K).

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

Leadership Team

Experienced Management: QPR1V's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Experienced Board: QPR1V's board of directors are not considered experienced ( 1.3 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.

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33.8%.

Data	Last Updated (UTC time)
Company Analysis	2022/06/24 00:00
End of Day Share Price	2022/06/23 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31