Q-Free (OB:QFR) - Stock Price, News & Analysis

QFR Stock Overview

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

QFR 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 74.8% below our estimate of its fair value

Risk Analysis

Highly volatile share price over the past 3 months

Q-Free ASA Competitors

Xplora Technologies

OB:XPLRA

NOK 1.2b

NEXT Biometrics Group

OB:NEXT

NOK 771.5m

Airthings

OB:AIRX

NOK 518.1m

StrongPoint

OB:STRO

NOK 462.4m

Price History & Performance

Summary of all time highs, changes and price drops for Q-Free
Historical stock prices
Current Share Price	NOK 11.90
52 Week High	NOK 11.95
52 Week Low	NOK 5.26
Beta	0.38
11 Month Change	0%
3 Month Change	101.69%
1 Year Change	91.63%
33 Year Change	128.85%
5 Year Change	65.74%
Change since IPO	-27.44%

Is Q-Free (OB:QFR) A Risky Investment?

Sep 28

There's No Escaping Q-Free ASA's (OB:QFR) Muted Revenues Despite A 105% Share Price Rise

Sep 28

Recent updates

Is Q-Free (OB:QFR) A Risky Investment?

Sep 28

There's No Escaping Q-Free ASA's (OB:QFR) Muted Revenues Despite A 105% Share Price Rise

Sep 28

Shareholder Returns

	QFR	NO Electronic	NO Market
7D	0%	-2.3%	1.1%
1Y	91.6%	-5.3%	1.0%

Return vs Industry: QFR exceeded the Norwegian Electronic industry which returned 11.5% over the past year.

Return vs Market: QFR exceeded the Norwegian Market which returned 0.1% over the past year.

Price Volatility

Is QFR's price volatile compared to industry and market?
QFR volatility
QFR Average Weekly Movement	26.4%
Electronic Industry Average Movement	4.5%
Market Average Movement	5.1%
10% most volatile stocks in NO Market	10.9%
10% least volatile stocks in NO Market	2.7%

Stable Share Price: QFR's share price has been volatile over the past 3 months.

Volatility Over Time: QFR's weekly volatility has increased from 14% to 26% 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?
QFR fundamental statistics
Market cap	NOK 1.32b
Earnings (TTM)	-NOK 1.71m
Revenue (TTM)	NOK 1.14b

1.2x

P/S Ratio

-774.6x

P/E Ratio

Is QFR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QFR 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 QFR perform over the long term?

See historical performance and comparison

QFR Stock Overview

Rewards

Risk Analysis

Q-Free ASA Competitors

OB:XPLRA

NOK 1.2b

OB:NEXT

NOK 771.5m

OB:AIRX

NOK 518.1m

OB:STRO

NOK 462.4m

Price History & Performance

Recent News & Updates

Q-Free ASA Announces Executive Changes

Q-Free ASA Announces Executive Changes

Guardian Capital Group Limited (TSX:GCG.A) completed the acquisition of additional 62.8% stake in Q-Free ASA (OB:QFR) from Rieber & Søn As.

Is Q-Free (OB:QFR) A Risky Investment?

There's No Escaping Q-Free ASA's (OB:QFR) Muted Revenues Despite A 105% Share Price Rise

Second quarter 2023 earnings released: EPS: kr0.07 (vs kr0.18 in 2Q 2022)

Recent updates

Q-Free ASA Announces Executive Changes

Q-Free ASA Announces Executive Changes

Guardian Capital Group Limited (TSX:GCG.A) completed the acquisition of additional 62.8% stake in Q-Free ASA (OB:QFR) from Rieber & Søn As.

Is Q-Free (OB:QFR) A Risky Investment?

There's No Escaping Q-Free ASA's (OB:QFR) Muted Revenues Despite A 105% Share Price Rise

Second quarter 2023 earnings released: EPS: kr0.07 (vs kr0.18 in 2Q 2022)

First quarter 2023 earnings released: EPS: kr0.01 (vs kr0.05 loss in 1Q 2022)

Consensus EPS estimates fall from profit to kr0.16 loss

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

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

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

Price target decreased to kr9.50

Less than half of directors are independent

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)

Q-Free Asa Announces CFO Changes

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

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

Now 20% undervalued

Q-Free ASA Reiterates Earnings Guidance for the Year 2025

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Chairman of the Board recently bought kr214k worth of stock

Chairman of the Board recently bought kr214k worth of stock

Chairman of the Board recently bought kr214k worth of stock

Chairman of the Board recently bought kr214k worth of stock

Q-Free ASA Reiterates Revenue Guidance for the Year 2025

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

Director recently bought kr504k worth of stock

Chief Financial Officer recently bought kr97k worth of stock

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

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

New 90-day high: kr5.70

Insider Buying: The Q-Free ASA (OB:QFR) Director Just Bought 67% More Shares

Full year 2020 earnings released: kr0.46 loss per share (vs kr0.56 loss in FY 2019)

Director recently bought kr257k worth of stock

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

Q-Free Signs Tolling Contract in Sweden

A Look At Q-Free's (OB:QFR) Share Price Returns

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

New 90-day high: kr5.60

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

New 90-day high: kr5.25

Does Q-Free's (OB:QFR) CEO Salary Compare Well With Industry Peers?

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

New 90-day high: kr4.90

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

1.2x