Quartix Holdings plc engages in the design, development, marketing, and delivery of vehicle telematics services in the United Kingdom, France, the United States, and the European Territories. More Details
Flawless balance sheet with acceptable track record.
Share Price & News
How has Quartix Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QTX is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: QTX's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: QTX exceeded the UK Software industry which returned 6% over the past year.
Return vs Market: QTX exceeded the UK Market which returned 28% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Quartix Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StQuartix Holdings (LON:QTX) Shareholders Have Enjoyed A 55% Share Price Gain
1 month ago | Simply Wall StQuartix Holdings (LON:QTX) Could Be Struggling To Allocate Capital
1 month ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Quartix Holdings plc (LON:QTX)
Is Quartix Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: QTX (£4.85) is trading above our estimate of fair value (£2.4)
Significantly Below Fair Value: QTX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: QTX is good value based on its PE Ratio (49.2x) compared to the UK Software industry average (54.4x).
PE vs Market: QTX is poor value based on its PE Ratio (49.2x) compared to the UK market (25.9x).
Price to Earnings Growth Ratio
PEG Ratio: QTX is poor value based on its PEG Ratio (19.7x)
Price to Book Ratio
PB vs Industry: QTX is overvalued based on its PB Ratio (10.9x) compared to the GB Software industry average (4.1x).
How is Quartix Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QTX's forecast earnings growth (2.5% per year) is above the savings rate (0.9%).
Earnings vs Market: QTX's earnings (2.5% per year) are forecast to grow slower than the UK market (17.5% per year).
High Growth Earnings: QTX's earnings are forecast to grow, but not significantly.
Revenue vs Market: QTX's revenue (3.3% per year) is forecast to grow slower than the UK market (5.2% per year).
High Growth Revenue: QTX's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QTX's Return on Equity is forecast to be high in 3 years time (27.4%)
How has Quartix Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QTX has high quality earnings.
Growing Profit Margin: QTX's current net profit margins (18.3%) are lower than last year (21.1%).
Past Earnings Growth Analysis
Earnings Trend: QTX's earnings have grown by 0.2% per year over the past 5 years.
Accelerating Growth: QTX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: QTX had negative earnings growth (-12.7%) over the past year, making it difficult to compare to the Software industry average (4.4%).
Return on Equity
High ROE: QTX's Return on Equity (22.1%) is considered high.
How is Quartix Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: QTX's short term assets (£15.1M) exceed its short term liabilities (£8.6M).
Long Term Liabilities: QTX's short term assets (£15.1M) exceed its long term liabilities (£822.0K).
Debt to Equity History and Analysis
Debt Level: QTX is debt free.
Reducing Debt: QTX has no debt compared to 5 years ago when its debt to equity ratio was 6.5%.
Debt Coverage: QTX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: QTX has no debt, therefore coverage of interest payments is not a concern.
What is Quartix Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: QTX's dividend (0.99%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: QTX's dividend (0.99%) is low compared to the top 25% of dividend payers in the UK market (4.07%).
Stability and Growth of Payments
Stable Dividend: QTX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: QTX's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.7%), QTX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: QTX's dividends in 3 years are not forecast to be well covered by earnings (139.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andy Walters (64 yo)
Mr. Andrew Walters, also known as Andy, serves as Chief Executive Officer of Quartix Holdings plc and has been its Executive Director since May 1, 2002 and also serves as its Managing Director. Mr. Walters...
CEO Compensation Analysis
Compensation vs Market: Andy's total compensation ($USD91.63K) is below average for companies of similar size in the UK market ($USD722.66K).
Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.
Experienced Management: QTX's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: QTX's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: QTX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Quartix Holdings plc's company bio, employee growth, exchange listings and data sources
- Name: Quartix Holdings plc
- Ticker: QTX
- Exchange: AIM
- Founded: 2001
- Industry: Application Software
- Sector: Software
- Market Cap: UK£237.365m
- Shares outstanding: 48.30m
- Website: https://www.quartix.com
Number of Employees
- Quartix Holdings plc
- 9 Dukes Court
- 54~62 Newmarket Road
- CB5 8DZ
- United Kingdom
Quartix Holdings plc engages in the design, development, marketing, and delivery of vehicle telematics services in the United Kingdom, France, the United States, and the European Territories. The company o...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/13 19:25|
|End of Day Share Price||2021/05/13 00:00|
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.