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Market Cap

€2.5b

Last Updated

2021/04/16 20:07 UTC

Data Sources

Company Financials +

Executive Summary

Qt Group Oyj develops, productizes, and licenses software development tools under commercial and open source licenses Finland, Norway, Germany, the United States, Japan, China, South Korea, France, the United Kingdom, and India. More Details


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.

Share Price & News

How has Qt Group Oyj's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: QTCOM is more volatile than 90% of Finnish stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: QTCOM's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Finnish stocks.


Market Performance


7 Day Return

3.6%

QTCOM

2.5%

FI Software

3.5%

FI Market


1 Year Return

411.3%

QTCOM

163.4%

FI Software

1.6%

FI Market

Return vs Industry: QTCOM exceeded the Finnish Software industry which returned 164.1% over the past year.

Return vs Market: QTCOM exceeded the Finnish Market which returned 3.9% over the past year.


Shareholder returns

QTCOMIndustryMarket
7 Day3.6%2.5%3.5%
30 Day26.6%13.3%6.2%
90 Day80.8%27.6%6.7%
1 Year411.3%411.3%164.7%163.4%60.3%1.6%
3 Year1,653.4%1,653.4%177.0%173.6%46.3%-14.5%
5 Yearn/a39.7%34.5%93.6%5.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Qt Group Oyj undervalued compared to its fair value and its price relative to the market?

194.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: QTCOM (€102.2) is trading above our estimate of fair value (€66.52)

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


Price To Earnings Ratio

PE vs Industry: QTCOM is poor value based on its PE Ratio (191.1x) compared to the FI Software industry average (59.9x).

PE vs Market: QTCOM is poor value based on its PE Ratio (191.1x) compared to the Finnish market (29x).


Price to Earnings Growth Ratio

PEG Ratio: QTCOM is poor value based on its PEG Ratio (5.5x)


Price to Book Ratio

PB vs Industry: QTCOM is overvalued based on its PB Ratio (82.8x) compared to the FI Software industry average (8.9x).


Future Growth

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

34.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QTCOM's forecast earnings growth (34.6% per year) is above the savings rate (0.3%).

Earnings vs Market: QTCOM's earnings (34.6% per year) are forecast to grow faster than the Finnish market (17.8% per year).

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

Revenue vs Market: QTCOM's revenue (24.4% per year) is forecast to grow faster than the Finnish market (4.2% per year).

High Growth Revenue: QTCOM's revenue (24.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: QTCOM's Return on Equity is forecast to be very high in 3 years time (40.4%).


Past Performance

How has Qt Group Oyj performed over the past 5 years?

49.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QTCOM has high quality earnings.

Growing Profit Margin: QTCOM became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: QTCOM has become profitable over the past 5 years, growing earnings by 49.1% per year.

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

Earnings vs Industry: QTCOM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (51.6%).


Return on Equity

High ROE: QTCOM's Return on Equity (42.9%) is considered outstanding.


Financial Health

How is Qt Group Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: QTCOM's short term assets (€47.0M) exceed its short term liabilities (€27.2M).

Long Term Liabilities: QTCOM's short term assets (€47.0M) exceed its long term liabilities (€4.3M).


Debt to Equity History and Analysis

Debt Level: QTCOM is debt free.

Reducing Debt: QTCOM has no debt compared to 5 years ago when its debt to equity ratio was 12.4%.

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

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


Balance Sheet


Dividend

What is Qt Group Oyj current dividend yield, its reliability and sustainability?

0.20%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Next Steps

Management

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

4.9yrs

Average management tenure


CEO

Juha Varelius (57 yo)

4.92yrs

Tenure

€327,446

Compensation

Mr. Juha Pekka Varelius, M.Sc. (Econ.), M.B.A., has been President and Chief Executive Officer at Qt Group Oyj since May 01, 2016. Mr. Varelius served as the Chief Executive Officer and President at Digia ...


CEO Compensation Analysis

Compensation vs Market: Juha's total compensation ($USD391.78K) is below average for companies of similar size in the Finnish market ($USD1.73M).

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


Leadership Team

Experienced Management: QTCOM's management team is considered experienced (4.9 years average tenure).


Board Members

Experienced Board: QTCOM's board of directors are considered experienced (5.3 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 been diluted in the past year, with total shares outstanding growing by 3.6%.


Top Shareholders

Company Information

Qt Group Oyj's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Qt Group Oyj
  • Ticker: QTCOM
  • Exchange: HLSE
  • Founded: 2015
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €2.490b
  • Shares outstanding: 24.55m
  • Website: https://www.qt.io

Number of Employees


Location

  • Qt Group Oyj
  • Bertel Jungin aukio D 3 A
  • Espoo
  • Uusimaa
  • 2600
  • Finland

Listings


Biography

Qt Group Oyj develops, productizes, and licenses software development tools under commercial and open source licenses Finland, Norway, Germany, the United States, Japan, China, South Korea, France, the Uni...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/16 20:07
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.