OTCPK:QPRC

Stock Analysis Report

Executive Summary

Quest Patent Research Corporation, together with its subsidiaries, operates as an intellectual property asset management company in the United States.

Snowflake

Fundamentals

Slightly overvalued with imperfect balance sheet.

Risks

  • Quest Patent Research has significant price volatility in the past 3 months.
  • Quest Patent Research is not covered by any analysts.

Similar Companies

Share Price & News

How has Quest Patent Research's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-35.0%

OTCPK:QPRC

0.1%

US Professional Services

-0.7%

US Market


1 Year Return

465.2%

OTCPK:QPRC

8.5%

US Professional Services

-0.5%

US Market

QPRC outperformed the Professional Services industry which returned 8.4% over the past year.

QPRC outperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

QPRCIndustryMarket
7 Day-35.0%0.1%-0.7%
30 Day-27.8%0.5%-3.0%
90 Day-62.6%9.2%0.9%
1 Year465.2%465.2%9.5%8.5%1.7%-0.5%
3 Year356.1%356.1%49.6%44.7%39.5%30.4%
5 Year333.3%333.3%72.5%63.6%54.1%37.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Quest Patent Research undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Quest Patent Research's share price is below the future cash flow value, and at a moderate discount (> 20%).

Quest Patent Research's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Quest Patent Research is loss making, we can't compare its value to the US Professional Services industry average.

Quest Patent Research is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Quest Patent Research, we can't assess if its growth is good value.


Price Based on Value of Assets

Quest Patent Research has negative assets, we can't compare the value of its assets to the US Professional Services industry average.


Next Steps

Future Growth

How is Quest Patent Research expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.0%

Forecasted Commercial Services 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 Quest Patent Research 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.


Next Steps

  • Take a look at our analysis of QPRC’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Quest Patent Research's filings and announcements here.
  • Explore growth companies in the Commercial Services industry.

Past Performance

How has Quest Patent Research performed over the past 5 years?

-40.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Quest Patent Research does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Quest Patent Research's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Quest Patent Research's 1-year growth to the US Professional Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Quest Patent Research has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if Quest Patent Research has efficiently used its assets last year compared to the US Professional Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Quest Patent Research improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.


Next Steps

Financial Health

How is Quest Patent Research's financial position?


Financial Position Analysis

Quest Patent Research's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Quest Patent Research's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Quest Patent Research has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if Quest Patent Research's debt level has increased considering it has negative shareholder equity.


Balance Sheet

Low level of unsold assets.

Quest Patent Research has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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.

Whilst loss making Quest Patent Research has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Quest Patent Research has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -30.2% per year.


Next Steps

Dividend

What is Quest Patent Research's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Quest Patent Research's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Quest Patent Research's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Quest Patent Research has not reported any payouts.

Unable to verify if Quest Patent Research's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Quest Patent Research has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Quest Patent Research's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average board tenure


CEO

Jon Scahill (43yo)

5.6yrs

Tenure

US$300,000

Compensation

Mr. Jon C. Scahill has been Chief Executive Officer of Quest Patent Research Corporation since January 2014 and has been its Secretary since April 2014. Mr. Scahill has been President at Quest Patent Resea ...


CEO Compensation Analysis

Jon's remuneration is lower than average for companies of similar size in United States of America.

Jon's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

4.8yrs

Average Tenure

44yo

Average Age

The tenure for the Quest Patent Research board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jon Scahill (43yo)

    CEO, President

    • Tenure: 5.6yrs
    • Compensation: US$300.00k
  • Tim Scahill (52yo)

    CTO & Director

    • Tenure: 4.8yrs

Board Members

  • Jon Scahill (43yo)

    CEO, President

    • Tenure: 5.6yrs
    • Compensation: US$300.00k
  • Tim Scahill (52yo)

    CTO & Director

    • Tenure: 4.8yrs
  • William Carroll (44yo)

    Independent Director

    • Tenure: 4.8yrs

Company Information

Quest Patent Research Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Quest Patent Research Corporation
  • Ticker: QPRC
  • Exchange: OTCPK
  • Founded: 1986
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: US$4.979m
  • Shares outstanding: 383.04m
  • Website: https://www.qprc.com

Number of Employees


Location

  • Quest Patent Research Corporation
  • 411 Theodore Fremd Avenue
  • Suite 206S
  • Rye
  • New York
  • 10580
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QPRCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 1994

Biography

Quest Patent Research Corporation, together with its subsidiaries, operates as an intellectual property asset management company in the United States. The company operates in two segments, Intellectual Pro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 23:45
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.