QAD Inc. provides cloud-based enterprise software solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.
Flawless balance sheet with moderate growth potential.
Share Price & News
How has QAD's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QADA has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: QADA underperformed the US Software industry which returned 35.3% over the past year.
Return vs Market: QADA underperformed the US Market which returned 5% over the past year.
Price Volatility Vs. Market
How volatile is QAD's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StUS$51.00 - That's What Analysts Think QAD Inc. (NASDAQ:QADA) Is Worth After These Results
1 month ago | Simply Wall StCalculating The Intrinsic Value Of QAD Inc. (NASDAQ:QADA)
1 month ago | Simply Wall StShould You Investigate QAD Inc. (NASDAQ:QADA) At US$44.05?
Is QAD undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: QADA ($41) is trading below our estimate of fair value ($52.9)
Significantly Below Fair Value: QADA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: QADA is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: QADA is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate QADA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: QADA is overvalued based on its PB Ratio (7.4x) compared to the US Software industry average (6.5x).
How is QAD forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QADA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: QADA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: QADA's is expected to become profitable in the next 3 years.
Revenue vs Market: QADA's revenue (7.1% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: QADA's revenue (7.1% 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 QADA's Return on Equity is forecast to be high in 3 years time
How has QAD performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QADA is currently unprofitable.
Growing Profit Margin: QADA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: QADA is unprofitable, and losses have increased over the past 5 years at a rate of -39.3% per year.
Accelerating Growth: Unable to compare QADA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: QADA is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (7.9%).
Return on Equity
High ROE: QADA has a negative Return on Equity (-11.53%), as it is currently unprofitable.
How is QAD's financial position?
Financial Position Analysis
Short Term Liabilities: QADA's short term assets ($210.2M) exceed its short term liabilities ($139.4M).
Long Term Liabilities: QADA's short term assets ($210.2M) exceed its long term liabilities ($33.7M).
Debt to Equity History and Analysis
Debt Level: QADA's debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: QADA's debt to equity ratio has reduced from 12.8% to 11.6% over the past 5 years.
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: Whilst unprofitable QADA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: QADA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.6% per year.
What is QAD current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: QADA's dividend (0.7%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: QADA's dividend (0.7%) is low compared to the top 25% of dividend payers in the US market (4.5%).
Stability and Growth of Payments
Stable Dividend: QADA is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: QADA is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: QADA is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of QADA's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Anton Chilton (52yo)
Mr. Anton Chilton has been the Chief Executive Officer and Director of QAD Inc. since December 19, 2018. Mr. Chilton was Chief of Global Field Operations and Executive Vice President at QAD Inc. since Marc ...
CEO Compensation Analysis
Compensation vs Market: Anton's total compensation ($USD1.77M) is below average for companies of similar size in the US market ($USD3.14M).
Compensation vs Earnings: Anton's compensation has increased whilst the company is unprofitable.
|CEO & Director||1.58yrs||US$1.77m||0.025% $202.5k|
|CFO, Executive VP & Corporate Secretary||17yrs||US$1.80m||0.73% $5.8m|
|Chief Accounting Officer||12.5yrs||US$622.26k||0.031% $245.4k|
|Chief Technology Officer||9.17yrs||no data||no data|
|Chief Information Officer||no data||no data||no data|
|Senior Vice President||6yrs||no data||no data|
|Chief Marketing Officer & Senior VP||no data||no data||no data|
|Chief People Officer||6yrs||no data||no data|
|Senior Vice President of Automotive Strategic Accounts||no data||no data||no data|
Experienced Management: QADA's management team is seasoned and experienced (9.2 years average tenure).
|CEO & Director||1.58yrs||US$1.77m||0.025% $202.5k|
|Independent Director||12.5yrs||US$234.52k||0.16% $1.3m|
|Independent Chairman of the Board & Lead Director||1.92yrs||US$291.02k||0.17% $1.3m|
|Independent Director||0.58yr||US$211.82k||0.030% $238.1k|
|Independent Director||14.25yrs||US$225.02k||0.31% $2.4m|
Experienced Board: QADA's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: QADA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.1%.
QAD Inc.'s company bio, employee growth, exchange listings and data sources
- Name: QAD Inc.
- Ticker: QADA
- Exchange: NasdaqGS
- Founded: 1979
- Industry: Application Software
- Sector: Software
- Market Cap: US$795.059m
- Shares outstanding: 20.44m
- Website: https://www.qad.com
Number of Employees
- QAD Inc.
- 100 Innovation Place
- Santa Barbara
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|QADA||NasdaqGS (Nasdaq Global Select)||Yes||Class A Common Stock||US||USD||Dec 2010|
|QADB||NasdaqGS (Nasdaq Global Select)||Class B Common Stock||US||USD||Dec 2010|
QAD Inc. provides cloud-based enterprise software solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers various software solutions, such as customer and service management solutions for manufacturers to acquire new customers; manufacturing solutions, which supports manufacturing business processes; enterprise asset management to manage, maintain, and install capital equipment; supply chain execution solutions that provides tools to support inventory and warehouse management; and financials solutions to manage and control finance and accounting processes. The company also provides demand and supply chain planning solutions to manage various procurement, manufacturing, inventory, distribution, and sales activities; global trade and transportation solutions to manage and optimize network of carriers for shipments; embedded analytics and business intelligence that offers data to measure performance; and internationalization, which supports companies that manufacture and distribute their products worldwide. In addition, it offers customer support and product update services, as well as professional services, including consulting, deployment, training, technical, development, and integration. The company markets its products through direct and indirect sales channels; and distributors and sales agents. It serves automotive, life sciences, consumer products, food and beverage, high technology, and industrial products manufacturing companies. QAD Inc. was founded in 1979 and is headquartered in Santa Barbara, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/07 00:03|
|End of Day Share Price||2020/07/06 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.