QEX Logistics Limited operates as a cross-border logistics company that delivers products from New Zealand and Australian stores and online sites to individual consumers in China. More Details
+ 1 more risk
Mediocre balance sheet and slightly overvalued.
Share Price & News
How has QEX Logistics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QEX is more volatile than 90% of NZ stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: QEX's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of NZ stocks.
7 Day Return
1 Year Return
Return vs Industry: QEX underperformed the NZ Logistics industry which returned 37.5% over the past year.
Return vs Market: QEX underperformed the NZ Market which returned 9.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is QEX Logistics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDoes QEX Logistics Limited (NZSE:QEX) Create Value For Shareholders?
2 months ago | Simply Wall StDoes QEX Logistics (NZSE:QEX) Have A Healthy Balance Sheet?
3 months ago | Simply Wall StThere's Reason For Concern Over QEX Logistics Limited's (NZSE:QEX) Price
Is QEX Logistics 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: QEX (NZ$0.4) is trading above our estimate of fair value (NZ$0.1)
Significantly Below Fair Value: QEX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: QEX is good value based on its PE Ratio (18.1x) compared to the XO Logistics industry average (31x).
PE vs Market: QEX is good value based on its PE Ratio (18.1x) compared to the NZ market (23x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate QEX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: QEX's PB Ratio (1.7x) is in line with the XO Logistics industry average.
How is QEX Logistics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Transportation industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as QEX Logistics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of QEX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- QEX Logistics competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Transportation industry.
How has QEX Logistics performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: QEX has high quality earnings.
Growing Profit Margin: QEX's current net profit margins (1.9%) are lower than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if QEX's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: QEX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: QEX had negative earnings growth (-40.2%) over the past year, making it difficult to compare to the Logistics industry average (-25.3%).
Return on Equity
High ROE: QEX's Return on Equity (9.5%) is considered low.
How is QEX Logistics's financial position?
Financial Position Analysis
Short Term Liabilities: QEX's short term assets (NZ$21.8M) exceed its short term liabilities (NZ$11.3M).
Long Term Liabilities: QEX's short term assets (NZ$21.8M) exceed its long term liabilities (NZ$2.9M).
Debt to Equity History and Analysis
Debt Level: QEX's debt to equity ratio (63.4%) is considered high.
Reducing Debt: Insufficient data to determine if QEX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: QEX's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: QEX's interest payments on its debt are well covered by EBIT (4x coverage).
What is QEX Logistics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate QEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate QEX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if QEX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if QEX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of QEX's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Jingjie Xue, also known as Ronnie, serves as the Chief Executive Officer at QEX Logistics Limited and also serves as its Executive Director since September 2016. Mr. Xue is a Director of FX Global Inve...
CEO Compensation Analysis
Compensation vs Market: Ronnie's total compensation ($USD172.58K) is below average for companies of similar size in the NZ market ($USD264.04K).
Compensation vs Earnings: Ronnie's compensation has been consistent with company performance over the past year.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.4%.
QEX Logistics Limited's company bio, employee growth, exchange listings and data sources
- Name: QEX Logistics Limited
- Ticker: QEX
- Exchange: NZSE
- Founded: 2010
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: NZ$22.176m
- Shares outstanding: 55.44m
- Website: https://www.qex.co.nz
Number of Employees
- QEX Logistics Limited
- 70 Richard Pearse Drive
- Airport Oaks
- New Zealand
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|QEX||NZSE (New Zealand Stock Exchange)||Yes||Ordinary Shares||NZ||NZD||Feb 2018|
QEX Logistics Limited operates as a cross-border logistics company that delivers products from New Zealand and Australian stores and online sites to individual consumers in China. The company offers import...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 10:43|
|End of Day Share Price||2020/11/24 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.