How does 0JXG's PS Ratio compare to its peers?

0JXG is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (3.3x).

How does 0JXG's PS Ratio compare vs other companies in the GB Electronic Industry?

0JXG is expensive based on its Price-To-Sales Ratio (1.1x) compared to the UK Electronic industry average (1x).

What is 0JXG'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.

Insufficient data to calculate 0JXG's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of 0JXG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

0JXG (NOK11.9) is trading below our estimate of [[fair value]] (NOK50.02)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Q-Free (LSE:0JXG) - Stock Price, News & Analysis

0JXG Stock Overview

Q-Free ASA supplies intelligent transportation system products and solutions worldwide. More details

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

Rewards

Trading at 76.2% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Q-Free ASA Competitors

Vectron Systems

LSE:0W1I

€104.1m

Spectra Systems

AIM:SPSY

UK£118.6m

Synectics

AIM:SNX

UK£53.2m

SDI Group

AIM:SDI

UK£60.6m

Price History & Performance

Summary of all time highs, changes and price drops for Q-Free
Historical stock prices
Current Share Price	€11.90
52 Week High	€11.90
52 Week Low	€5.90
Beta	0.38
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	91.63%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-26.09%

Recent updates

Shareholder Returns

	0JXG	GB Electronic	GB Market
7D	0%	-1.9%	-0.3%
1Y	91.6%	1.5%	6.1%

Return vs Industry: 0JXG exceeded the UK Electronic industry which returned 7% over the past year.

Return vs Market: 0JXG exceeded the UK Market which returned -0.7% over the past year.

Price Volatility

Is 0JXG's price volatile compared to industry and market?
0JXG volatility
0JXG Average Weekly Movement	n/a
Electronic Industry Average Movement	5.6%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0JXG has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine 0JXG's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1984	369	Trond Christensen	www.q-free.com

Q-Free ASA supplies intelligent transportation system products and solutions worldwide. The company operates through two segments, Tolling and Traffic Management. It offers tolling products, including dedicated short-range communication (DSRC)on-board units/transponders, DSRC transceivers, handheld transceivers, security servers, and automated license plate recognition (ALPR) cameras/imaging systems.

Q-Free ASA Fundamentals Summary

How do Q-Free's earnings and revenue compare to its market cap?
0JXG fundamental statistics
Market cap	NOK 1.25b
Earnings (TTM)	-NOK 1.71m
Revenue (TTM)	NOK 1.14b

1.1x

P/S Ratio

-732.9x

P/E Ratio

Is 0JXG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0JXG income statement (TTM)
Revenue	NOK 1.14b
Cost of Revenue	NOK 492.57m
Gross Profit	NOK 651.32m
Other Expenses	NOK 653.03m
Earnings	-NOK 1.71m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Feb 15, 2024

Earnings per share (EPS)	-0.015
Gross Margin	56.94%
Net Profit Margin	-0.15%
Debt/Equity Ratio	37.8%

How did 0JXG perform over the long term?

See historical performance and comparison

0JXG Stock Overview

Rewards

Risk Analysis

Q-Free ASA Competitors

LSE:0W1I

€104.1m

AIM:SPSY

UK£118.6m

AIM:SNX

UK£53.2m

AIM:SDI

UK£60.6m

Price History & Performance

Recent News & Updates

Q-Free ASA Announces Executive Changes

Q-Free ASA Announces Executive Changes

Juniper Intends to Propose an Application with the Oslo Stock Exchange to De-List the Shares of Q-Free

No independent directors

Q-Free ASA to Report Fiscal Year 2022 Final Results on Apr 27, 2023

Less than half of directors are independent

Recent updates

Q-Free ASA Announces Executive Changes

Q-Free ASA Announces Executive Changes

Juniper Intends to Propose an Application with the Oslo Stock Exchange to De-List the Shares of Q-Free

No independent directors

Q-Free ASA to Report Fiscal Year 2022 Final Results on Apr 27, 2023

Less than half of directors are independent

Q-Free ASA to Report Q1, 2023 Results on Apr 27, 2023

President & CEO recently bought kr269k worth of stock

Third quarter 2022 earnings released: kr0.01 loss per share (vs kr0.13 profit in 3Q 2021)

Less than half of directors are independent

Q-Free Asa Announces CFO Changes

Less than half of directors are independent

Second quarter 2022 earnings released: EPS: kr0.18 (vs kr0.13 in 2Q 2021)

Less than half of directors are independent

Q-Free ASA Appoints Thale Kuvås Solberg as Chief Executive Officer

Less than half of directors are independent

Less than half of directors are independent

Q-Free ASA Reiterates Earnings Guidance for the Year 2025

Less than half of directors are independent

Chairman of the Board recently bought kr214k worth of stock

Less than half of directors are independent

Q-Free ASA Reiterates Revenue Guidance for the Year 2025

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

Chief Financial Officer recently bought kr97k worth of stock

Less than half of directors are independent

Third quarter 2021 earnings released: EPS kr0.13 (vs kr0.03 in 3Q 2020)

Less than half of directors are independent

Less than half of directors are independent

An unknown buyer cancelled the acquisition of Q-Free ASA (OB:QFR) from Rieberg & Soen AS and other shareholders for NOK 1.2 billion.

First quarter 2021 earnings released: kr0.05 loss per share (vs kr0.15 loss in 1Q 2020)

Q-Free Asa Provides Revenue Guidance for 2021

Q-Free Announces Traffic Management Contract in the USA - NOK 60 Million

Q-Free ASA Appoints Trond Christensen as Its Permanent CFO

Ferde AS Awards Contract to Q-Free

Q-Free Announces Traffic Management Contract in the US - NOK 90 Million

Q-Free Signs Tolling Contract in Sweden

Conduent Transportation LLC Selects Q-Free to Provide New York Toll Agencies with Q-Free's Intradaâ®

Rieberg & Soen AS made an offer to acquire remaining 58.94% stake in Q-Free ASA (OB:QFR).

Q-Free Receives Orders for Weigh-In-Motion Solutions in Ukraine and Saudi Arabia

Third quarter earnings released

Q-Free ASA Receives NOK 20 Million Order

Q-Free Receives Extension of Tolling SW Contract - NOK 30 Million

Shareholder Returns

Price Volatility

About the Company

Q-Free ASA Fundamentals Summary

1.1x

-732.9x

Earnings & Revenue