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QTCO

Qt Group OyjHLSE:QTCOM Stock Report

Market Cap

€4.2b

7D

6.4%

1Y

408.7%

Updated

23 Sep, 2021

Data

Company Financials +
QTCOM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance5/6
Financial Health6/6
Dividends0/6

QTCOM Overview

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.

Price History & Performance

Summary of all time highs, changes and price drops for Qt Group Oyj
Historical stock prices
Current Share Price€170.40
52 Week High€32.30
52 Week Low€171.40
Beta1.24
1 Month Change5.97%
3 Month Change81.86%
1 Year Change408.66%
3 Year Change1,914.18%
5 Year Change2,693.44%
Change since IPO4,035.92%

Recent News & Updates

Aug 22
Returns on Capital Paint A Bright Future For Qt Group Oyj (HEL:QTCOM)

Returns on Capital Paint A Bright Future For Qt Group Oyj (HEL:QTCOM)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Jul 13
Calculating The Intrinsic Value Of Qt Group Oyj (HEL:QTCOM)

Calculating The Intrinsic Value Of Qt Group Oyj (HEL:QTCOM)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Qt Group Oyj...

May 25
Is There Now An Opportunity In Qt Group Oyj (HEL:QTCOM)?

Is There Now An Opportunity In Qt Group Oyj (HEL:QTCOM)?

Qt Group Oyj ( HEL:QTCOM ), might not be a large cap stock, but it led the HLSE gainers with a relatively large price...

Shareholder Returns

QTCOMFI SoftwareFI Market
7D6.4%2.4%1.4%
1Y408.7%132.8%26.3%

Return vs Industry: QTCOM exceeded the Finnish Software industry which returned 129.2% over the past year.

Return vs Market: QTCOM exceeded the Finnish Market which returned 24.4% over the past year.

Price Volatility

Is QTCOM's price volatile compared to industry and market?
QTCOM volatility
QTCOM Beta1.24
Industry Beta1.2
Market Beta1

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.

About the Company

FoundedEmployeesCEOWebsite
2015455Juha Vareliushttps://www.qt.io

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. It offers Qt Design Studio, a user interface design tool for applications; Qt Creator, a cross-platform integrated development environment for application development; and Qt Framework that contains C++ library classes and APIs to simplify application development. The company also provides professional, consulting, and training services.

Qt Group Oyj Fundamentals Summary

How do Qt Group Oyj's earnings and revenue compare to its market cap?
QTCOM fundamental statistics
Market Cap€4.21b
Earnings (TTM)€20.51m
Revenue (TTM)€100.31m

205.5x

P/E Ratio

42.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QTCOM income statement (TTM)
Revenue€100.31m
Cost of Revenue€54.55m
Gross Profit€45.76m
Expenses€25.25m
Earnings€20.51m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 28, 2021

Earnings per share (EPS)0.83
Gross Margin45.62%
Net Profit Margin20.44%
Debt/Equity Ratio0%

How did QTCOM perform over the long term?

See historical performance and comparison

Valuation

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

205.5x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: QTCOM (€170.4) is trading above our estimate of fair value (€131.23)

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 (205.5x) compared to the Finnish Software industry average (60.7x).

PE vs Market: QTCOM is poor value based on its PE Ratio (205.5x) compared to the Finnish market (23.5x).


Price to Earnings Growth Ratio

PEG Ratio: QTCOM is poor value based on its PEG Ratio (5.7x)


Price to Book Ratio

PB vs Industry: QTCOM is overvalued based on its PB Ratio (91.7x) compared to the FI Software industry average (8.6x).


Future Growth

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

35.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QTCOM's forecast earnings growth (35.9% per year) is above the savings rate (0.2%).

Earnings vs Market: QTCOM's earnings (35.9% per year) are forecast to grow faster than the Finnish market (7.2% per year).

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

Revenue vs Market: QTCOM's revenue (24.5% per year) is forecast to grow faster than the Finnish market (3.7% per year).

High Growth Revenue: QTCOM's revenue (24.5% 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 (46.4%).


Past Performance

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

74.2%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: QTCOM's current net profit margins (20.4%) are higher than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: QTCOM has become profitable over the past 5 years, growing earnings by 74.2% per year.

Accelerating Growth: QTCOM's earnings growth over the past year (410%) exceeds its 5-year average (74.2% per year).

Earnings vs Industry: QTCOM earnings growth over the past year (410%) exceeded the Software industry 87.9%.


Return on Equity

High ROE: QTCOM's Return on Equity (44.6%) is considered outstanding.


Financial Health

How is Qt Group Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: QTCOM's short term assets (€54.4M) exceed its short term liabilities (€35.4M).

Long Term Liabilities: QTCOM's short term assets (€54.4M) exceed its long term liabilities (€30.6M).


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 67.3%.

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?

0.077%

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?

5.3yrs

Average management tenure


CEO

Juha Varelius (58 yo)

5.33yrs

Tenure

€6,993,795

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 ($USD8.21M) is above average for companies of similar size in the Finnish market ($USD2.40M).

Compensation vs Earnings: Juha's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: QTCOM's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: QTCOM's board of directors are considered experienced (5.7 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 2.8%.


Top Shareholders

Company Information

Qt Group Oyj's 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: €4.214b
  • Shares outstanding: 24.73m
  • Website: https://www.qt.io

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 21:44
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
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.