OB:QFUEL-ME

Stock Analysis Report

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Executive Summary

Quantafuel AS, a technology-based energy company, which converts plastic waste to environment friendly fuels and chemicals in Norway. More Details


Snowflake Analysis

High growth potential with mediocre balance sheet.

Share Price & News

How has Quantafuel's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: QFUEL-ME is more volatile than 90% of Norwegian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: QFUEL-ME's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.


Market Performance


7 Day Return

11.3%

QFUEL-ME

-1.5%

NO Commercial Services

3.0%

NO Market


1 Year Return

184.2%

QFUEL-ME

-10.5%

NO Commercial Services

-1.9%

NO Market

Return vs Industry: QFUEL-ME exceeded the Norwegian Commercial Services industry which returned -10% over the past year.

Return vs Market: QFUEL-ME exceeded the Norwegian Market which returned -4.1% over the past year.


Shareholder returns

QFUEL-MEIndustryMarket
7 Day11.3%-1.5%3.0%
30 Day5.9%-2.3%8.3%
90 Day43.4%-1.9%6.8%
1 Year184.2%184.2%-7.9%-10.5%1.7%-1.9%
3 Yearn/a-9.5%-18.0%9.5%-2.8%
5 Yearn/a7.3%-10.4%54.5%23.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Quantafuel undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: QFUEL-ME (NOK48.6) is trading below our estimate of fair value (NOK187.91)

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


Price To Earnings Ratio

PE vs Industry: QFUEL-ME is unprofitable, so we can't compare its PE Ratio to the XE Commercial Services industry average.

PE vs Market: QFUEL-ME is unprofitable, so we can't compare its PE Ratio to the Norwegian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: QFUEL-ME is overvalued based on its PB Ratio (12x) compared to the XE Commercial Services industry average (1.8x).


Next Steps

Future Growth

How is Quantafuel forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

90.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QFUEL-ME is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).

Earnings vs Market: QFUEL-ME is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: QFUEL-ME's is expected to become profitable in the next 3 years.

Revenue vs Market: QFUEL-ME's revenue (81.8% per year) is forecast to grow faster than the Norwegian market (6.1% per year).

High Growth Revenue: QFUEL-ME's revenue (81.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: QFUEL-ME's Return on Equity is forecast to be low in 3 years time (11.8%).


Next Steps

Past Performance

How has Quantafuel performed over the past 5 years?

-311.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: QFUEL-ME is currently unprofitable.

Growing Profit Margin: QFUEL-ME is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if QFUEL-ME's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: QFUEL-ME is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-10%).


Return on Equity

High ROE: QFUEL-ME has a negative Return on Equity (-77.51%), as it is currently unprofitable.


Next Steps

Financial Health

How is Quantafuel's financial position?


Financial Position Analysis

Short Term Liabilities: QFUEL-ME's short term assets (NOK782.9M) exceed its short term liabilities (NOK94.3M).

Long Term Liabilities: QFUEL-ME's short term assets (NOK782.9M) exceed its long term liabilities (NOK655.6M).


Debt to Equity History and Analysis

Debt Level: QFUEL-ME's debt to equity ratio (81.3%) is considered high.

Reducing Debt: Insufficient data to determine if QFUEL-ME'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: QFUEL-ME has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: QFUEL-ME has less than a year of cash runway if free cash flow continues to reduce at historical rates of 48.8% each year


Next Steps

Dividend

What is Quantafuel current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Next Steps

Management

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

0.6yrs

Average board tenure


CEO

Kjetil Bohn (49 yo)

no data

Tenure

Mr. Kjetil Langland Bohn serves as Chief Executive Officer of Quantafuel AS. He served as Chief Strategy Officer of Vyke Communications Plc. Mr. Bohn founded Agrinos AS and served as its Corporate Strategy...


Board Members

NamePositionTenureCompensationOwnership
Thorleif Enger
Independent Director2.25yrsno datano data
Svein Spieler
Chairperson of the Boardno datano datano data
Jim Datland
Independent Directorno datano datano data
Wenche Teigland
Director0.42yrno datano data
Ann-Christin Andersen
Independent Directorno datano datano data
Maximilian Walter
Directorno datano datano data
Wenche Nistad
Director0.42yrno datano data
Kasper Trebbien
Director0.83yrno datano data

0.6yrs

Average Tenure

59yo

Average Age

Experienced Board: QFUEL-ME's board of directors are not considered experienced ( 0.6 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 34.9%.


Top Shareholders

Company Information

Quantafuel ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Quantafuel ASA
  • Ticker: QFUEL-ME
  • Exchange: OB
  • Founded: 2014
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: kr6.552b
  • Shares outstanding: 134.82m
  • Website: https://www.quantafuel.com

Number of Employees


Location

  • Quantafuel ASA
  • Lilleakerveien 2C
  • Oslo
  • Oslo
  • 283
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QNTF.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2018
QFUEL-MEOB (Oslo Bors)YesOrdinary SharesNONOKJun 2018
49QMUN (Boerse Muenchen)YesOrdinary SharesDEEURJun 2018

Biography

Quantafuel AS, a technology-based energy company, which converts plastic waste to environment friendly fuels and chemicals in Norway. The company was founded in 2014 and headquartered in Oslo, Norway.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 21:35
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.