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QRHC

Quest Resource Holding NasdaqCM:QRHC Stock Report

Last Price

US$4.72

Market Cap

US$90.0m

7D

12.4%

1Y

-18.9%

Updated

06 Aug, 2022

Data

Company Financials +
QRHC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health1/6
Dividends0/6

QRHC Stock Overview

Quest Resource Holding Corporation, together with its subsidiaries, provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.

Quest Resource Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Quest Resource Holding
Historical stock prices
Current Share PriceUS$4.72
52 Week HighUS$8.30
52 Week LowUS$3.60
Beta1.31
1 Month Change15.40%
3 Month Change-14.03%
1 Year Change-18.90%
3 Year Change102.57%
5 Year Change225.52%
Change since IPO-70.13%

Recent News & Updates

Aug 05
Estimating The Fair Value Of Quest Resource Holding Corporation (NASDAQ:QRHC)

Estimating The Fair Value Of Quest Resource Holding Corporation (NASDAQ:QRHC)

How far off is Quest Resource Holding Corporation ( NASDAQ:QRHC ) from its intrinsic value? Using the most recent...

Jun 14
We Like These Underlying Return On Capital Trends At Quest Resource Holding (NASDAQ:QRHC)

We Like These Underlying Return On Capital Trends At Quest Resource Holding (NASDAQ:QRHC)

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Shareholder Returns

QRHCUS Commercial ServicesUS Market
7D12.4%1.1%1.0%
1Y-18.9%-1.4%-12.9%

Return vs Industry: QRHC underperformed the US Commercial Services industry which returned -1.4% over the past year.

Return vs Market: QRHC underperformed the US Market which returned -12.8% over the past year.

Price Volatility

Is QRHC's price volatile compared to industry and market?
QRHC volatility
QRHC Average Weekly Movement7.1%
Commercial Services Industry Average Movement6.8%
Market Average Movement7.9%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: QRHC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: QRHC's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002191S. Hatchhttps://www.qrhc.com

Quest Resource Holding Corporation, together with its subsidiaries, provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States. It offers disposal and recycling services for motor oil and automotive lubricants, oil filters, scrap tires, oily water, goods destruction, food waste, meat renderings, cooking oil and grease trap waste, plastics, cardboard, metal, glass, mixed paper, construction debris, as well as a large variety of regulated and non-regulated solid, liquid, and gas wastes. The company provides santifreeze and windshield washer fluid, dumpster and compacting equipment, and other minor ancillary services.

Quest Resource Holding Fundamentals Summary

How do Quest Resource Holding's earnings and revenue compare to its market cap?
QRHC fundamental statistics
Market CapUS$89.98m
Earnings (TTM)-US$1.64m
Revenue (TTM)US$192.14m

0.5x

P/S Ratio

-54.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QRHC income statement (TTM)
RevenueUS$192.14m
Cost of RevenueUS$158.51m
Gross ProfitUS$33.63m
Other ExpensesUS$35.27m
Earnings-US$1.64m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 15, 2022

Earnings per share (EPS)-0.086
Gross Margin17.50%
Net Profit Margin-0.85%
Debt/Equity Ratio93.9%

How did QRHC perform over the long term?

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

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 QRHC?

Other financial metrics that can be useful for relative valuation.

QRHC 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/Revenue0.8x
Enterprise Value/EBITDA14.5x
PEG Ration/a

Price to Sales Ratio vs Peers

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

QRHC PS Ratio vs Peers
The above table shows the PS ratio for QRHC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.2x
PESI Perma-Fix Environmental Services
1.1xn/aUS$75.7m
PGTK Pacific Green Technologies
1.8xn/aUS$44.6m
TOMZ TOMI Environmental Solutions
2.6x28.6%US$20.7m
VIVK Vivakor
27.8xn/aUS$27.6m
QRHC Quest Resource Holding
0.5x8.9%US$90.0m

Price-To-Sales vs Peers: QRHC is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (1.2x).


Price to Earnings Ratio vs Industry

How does QRHC's PE Ratio compare vs other companies in the US Commercial Services Industry?

Price-To-Sales vs Industry: QRHC is good value based on its Price-To-Sales Ratio (0.5x) compared to the US Commercial Services industry average (1.3x)


Price to Sales Ratio vs Fair Ratio

What is QRHC'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.

QRHC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ratio0.4x

Price-To-Sales vs Fair Ratio: QRHC is expensive based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).


Share Price vs Fair Value

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

Below Fair Value: QRHC ($4.72) is trading below our estimate of fair value ($4.87)

Significantly Below Fair Value: QRHC is trading below fair value, but not by a significant amount.


Analyst Price Targets

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

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Future Growth

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

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


68.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QRHC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

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

High Growth Earnings: QRHC is expected to become profitable in the next 3 years.

Revenue vs Market: QRHC's revenue (8.9% per year) is forecast to grow faster than the US market (7.9% per year).

High Growth Revenue: QRHC's revenue (8.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if QRHC's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Quest Resource 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


68.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: QRHC is currently unprofitable.

Growing Profit Margin: QRHC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: QRHC is unprofitable, but has reduced losses over the past 5 years at a rate of 68.9% per year.

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

Earnings vs Industry: QRHC is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (23.4%).


Return on Equity

High ROE: QRHC has a negative Return on Equity (-2.29%), as it is currently unprofitable.


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Financial Health

How is Quest Resource Holding's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: QRHC's short term assets ($56.5M) exceed its short term liabilities ($43.6M).

Long Term Liabilities: QRHC's short term assets ($56.5M) do not cover its long term liabilities ($67.5M).


Debt to Equity History and Analysis

Debt Level: QRHC's net debt to equity ratio (82.9%) is considered high.

Reducing Debt: QRHC's debt to equity ratio has increased from 12.2% to 93.9% 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: Insufficient data to determine if QRHC has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if QRHC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is Quest Resource 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

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

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

Growing Dividend: Insufficient data to determine if QRHC'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 QRHC has not reported any payouts.


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Management

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

5.8yrs

Average management tenure


CEO

S. Hatch (62 yo)

6.5yrs

Tenure

US$985,918

Compensation

Mr. S. Ray Hatch has been the Chief Executive Officer and President of Quest Resource Holding Corporation since February 01, 2016. Mr. Hatch served as President of Merchants Market Group, LLC from February...


CEO Compensation Analysis

Compensation vs Market: S.'s total compensation ($USD985.92K) is about average for companies of similar size in the US market ($USD767.72K).

Compensation vs Earnings: S.'s compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: QRHC's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: QRHC's board of directors are considered experienced (4.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: QRHC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Quest Resource Holding Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Quest Resource Holding Corporation
  • Ticker: QRHC
  • Exchange: NasdaqCM
  • Founded: 2002
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Implied Market Cap: US$89.981m
  • Shares outstanding: 19.06m
  • Website: https://www.qrhc.com

Number of Employees


Location

  • Quest Resource Holding Corporation
  • 3481 Plano Parkway
  • The Colony
  • Texas
  • 75056
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/06 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/03/31
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.