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QBNK

QBNK Holding NGM:QBNK Stock Report

Last Price

kr4.80

Market Cap

kr46.8m

7D

-4.0%

1Y

-62.8%

Updated

02 Oct, 2022

Data

Company Financials
QBNK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

QBNK Stock Overview

QBNK Holding AB (publ), through its subsidiary, QBNK Company AB, provides cloud-based products and services within digital asset management worldwide.

QBNK Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for QBNK Holding
Historical stock prices
Current Share Pricekr4.80
52 Week Highkr14.00
52 Week Lowkr4.20
Beta0.17
1 Month Change11.11%
3 Month Change-15.79%
1 Year Change-62.79%
3 Year Change-70.91%
5 Year Change-24.41%
Change since IPO-60.78%

Recent News & Updates

Shareholder Returns

QBNKSE SoftwareSE Market
7D-4.0%-0.5%0.5%
1Y-62.8%-66.7%-27.6%

Return vs Industry: QBNK exceeded the Swedish Software industry which returned -66.7% over the past year.

Return vs Market: QBNK underperformed the Swedish Market which returned -27.6% over the past year.

Price Volatility

Is QBNK's price volatile compared to industry and market?
QBNK volatility
QBNK Average Weekly Movement16.1%
Software Industry Average Movement8.2%
Market Average Movement6.9%
10% most volatile stocks in SE Market11.6%
10% least volatile stocks in SE Market4.3%

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

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

About the Company

FoundedEmployeesCEOWebsite
200328Jacob Philipsonhttps://www.qbankdam.com

QBNK Holding AB (publ), through its subsidiary, QBNK Company AB, provides cloud-based products and services within digital asset management worldwide. It offers QBank, a platform to manage and share brand identity internally and external, as well as acts as a publishing engine for images and videos to social media channels; act as a hub of content and information; creates branded online press room with press releases, images, videos, and presentations; and acts as a platform to manage images, videos, documents, etc. on websites, as well as uses QBank in the graphic production process with a customized workflow. The company was founded in 2003 is based in Stockholm, Sweden.

QBNK Holding Fundamentals Summary

How do QBNK Holding's earnings and revenue compare to its market cap?
QBNK fundamental statistics
Market Capkr46.81m
Earnings (TTM)-kr12.99m
Revenue (TTM)kr33.23m

1.4x

P/S Ratio

-3.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QBNK income statement (TTM)
Revenuekr33.23m
Cost of Revenuekr34.55m
Gross Profit-kr1.32m
Other Expenseskr11.67m
Earnings-kr12.99m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.33
Gross Margin-3.98%
Net Profit Margin-39.11%
Debt/Equity Ratio0.0%

How did QBNK perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is QBNK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for QBNK?

Other financial metrics that can be useful for relative valuation.

QBNK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA-1.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does QBNK's PS Ratio compare to its peers?

QBNK PS Ratio vs Peers
The above table shows the PS ratio for QBNK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.2x
LOYAL Loyal Solutions
1.7xn/akr46.7m
DLAB Dlaboratory Sweden
1.3xn/akr48.5m
BRILL Brilliant Future
0.5xn/akr44.6m
JOJK Jojka Communications
1.3xn/akr36.2m
QBNK QBNK Holding
1.4xn/akr46.8m

Price-To-Sales vs Peers: QBNK is expensive based on its Price-To-Sales Ratio (1.4x) compared to the peer average (1.2x).


Price to Earnings Ratio vs Industry

How does QBNK's PE Ratio compare vs other companies in the SE Software Industry?

Price-To-Sales vs Industry: QBNK is good value based on its Price-To-Sales Ratio (1.4x) compared to the Swedish Software industry average (2.9x)


Price to Sales Ratio vs Fair Ratio

What is QBNK'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.

QBNK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate QBNK's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate QBNK's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate QBNK's fair value for valuation analysis.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is QBNK Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


49.0%

Forecasted Software 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 QBNK Holding 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.


Discover growth companies

  • Examine QBNK Holding's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has QBNK Holding performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-20.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: QBNK is currently unprofitable.

Growing Profit Margin: QBNK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: QBNK is unprofitable, and losses have increased over the past 5 years at a rate of 20.9% per year.

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

Earnings vs Industry: QBNK is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (32.4%).


Return on Equity

High ROE: QBNK has a negative Return on Equity (-85.55%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is QBNK Holding's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: QBNK's short term assets (SEK30.7M) exceed its short term liabilities (SEK18.0M).

Long Term Liabilities: QBNK has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: QBNK is debt free.

Reducing Debt: QBNK had no debt 5 years ago.


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: QBNK has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: QBNK has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 1.4% each year.


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Dividend

What is QBNK Holding current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

QBNK Holding Dividend Yield vs Market
How does QBNK Holding dividend yield compare to the market?
SegmentDividend Yield
Company (QBNK Holding)n/a
Market Bottom 25% (SE)1.8%
Market Top 25% (SE)6.1%
Industry Average (Software)0.5%
Analyst forecast in 3 Years (QBNK Holding)n/a

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

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

Growing Dividend: Insufficient data to determine if QBNK's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as QBNK has not reported any payouts.


Discover strong dividend paying companies

Management

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


CEO

Jacob Philipson (53 yo)

1.5yrs

Tenure

Mr. Jacob Philipson serves as Chief Executive Officer at QBNK Holding AB (publ) since April 1, 2021. He served as Director at Netmore Group AB (publ) since 2020 until June 2021 He served as a Director of B...


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

What is the ownership structure of QBNK?
Owner TypeNumber of SharesOwnership Percentage
Private Companies240,0002.5%
Institutions2,526,05025.9%
Individual Insiders2,998,79630.8%
General Public3,986,35440.9%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33.3%.


Top Shareholders

Top 10 shareholders own 59.12% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
16.51%
Fredrik Grevelius
1,609,670SEK7.7m0%no data
15.56%
Avanza Fonder AB
1,517,236SEK7.3m0%0.02%
7.35%
Nordnet AB (publ), Asset Management Arm
716,252SEK3.4m0%0.05%
4.41%
Ludvig Thureson
430,306SEK2.1m0%no data
3.53%
Patrik Brummer
344,445SEK1.7m0%no data
3.34%
Sven Grevelius
325,236SEK1.6m0%no data
3%
Bank Julius Bär & Co Ltd., Asset Management Arm
292,562SEK1.4m0%no data
2.46%
Gembox Ab
240,000SEK1.2m0%no data
1.5%
Adrian Brummer
146,721SEK704.3k0%no data
1.46%
Fredrik Torgren
142,418SEK683.6k0%no data

Company Information

QBNK Holding AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: QBNK Holding AB (publ)
  • Ticker: QBNK
  • Exchange: NGM
  • Founded: 2003
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: kr46.806m
  • Shares outstanding: 9.75m
  • Website: https://www.qbankdam.com

Number of Employees


Location

  • QBNK Holding AB (publ)
  • Vasagatan 28
  • Stockholm
  • Stockholm County
  • 111 20
  • Sweden


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QBNKNGM (Nordic Growth Market)YesShare CapitalSESEKJun 2014

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/02 00:00
End of Day Share Price2022/09/29 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.