OTCPK:OMQS

Stock Analysis Report

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Market Cap

US$63.1m

Last Updated

2021/08/04 23:03 UTC

Data Sources

Company Financials +

Executive Summary

OMNIQ Corp., together with its subsidiaries, provides artificial intelligence (AI)-based solutions in the United States. More Details


Snowflake Analysis

Limited growth with imperfect balance sheet.

Share Price & News

How has OMNIQ's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OMQS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: OMQS's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

4.9%

OMQS

-2.7%

US IT

0.02%

US Market


1 Year Return

44.1%

OMQS

24.2%

US IT

33.2%

US Market

Return vs Industry: OMQS exceeded the US IT industry which returned 26.5% over the past year.

Return vs Market: OMQS exceeded the US Market which returned 34.7% over the past year.


Shareholder returns

OMQSIndustryMarket
7 Day4.9%-2.7%0.02%
30 Day-19.8%-0.2%-0.1%
90 Day-19.0%5.6%4.1%
1 Year44.1%44.1%25.3%24.2%35.3%33.2%
3 Year57.3%57.3%94.7%88.3%61.4%51.3%
5 Year286.4%286.4%215.4%193.6%122.2%97.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is OMNIQ undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: OMQS ($8.5) is trading above our estimate of fair value ($3.24)

Significantly Below Fair Value: OMQS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: OMQS is unprofitable, so we can't compare its PE Ratio to the US IT industry average.

PE vs Market: OMQS 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 OMQS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: OMQS has negative assets, so we can't compare its PB Ratio to the US IT industry average.


Future Growth

How is OMNIQ forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

123.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OMQS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: OMQS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: OMQS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: OMQS's revenue (33.7% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: OMQS's revenue (33.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has OMNIQ performed over the past 5 years?

-19.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OMQS is currently unprofitable.

Growing Profit Margin: OMQS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OMQS is unprofitable, and losses have increased over the past 5 years at a rate of 19.7% per year.

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

Earnings vs Industry: OMQS is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (20.5%).


Return on Equity

High ROE: OMQS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is OMNIQ's financial position?


Financial Position Analysis

Short Term Liabilities: OMQS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: OMQS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: OMQS has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: OMQS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: Whilst unprofitable OMQS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: OMQS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.8% per year.


Dividend

What is OMNIQ current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if OMQS'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 OMQS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

2.6yrs

Average board tenure


CEO

Shai Lustgarten (51 yo)

4.33yrs

Tenure

US$1,668,000

Compensation

Mr. Shai Shalom Lustgarten has been the Chief Executive Officer of OMNIQ Corp. since April 1, 2017 and serves as its President since April 1, 2017 until 2021. Mr. Lustgarten serves as Chairman of OMNIQ Cor...


CEO Compensation Analysis

Compensation vs Market: Shai's total compensation ($USD1.67M) is above average for companies of similar size in the US market ($USD551.07K).

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


Board Members

Experienced Board: OMQS's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 76.4%.


Top Shareholders

Company Information

OMNIQ Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: OMNIQ Corp.
  • Ticker: OMQS
  • Exchange: OTCPK
  • Founded: 1973
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: US$63.075m
  • Shares outstanding: 7.42m
  • Website: https://www.omniq.com

Number of Employees


Location

  • OMNIQ Corp.
  • 1865 West 2100 South
  • Salt Lake City
  • Utah
  • 84119
  • United States

Listings


Biography

OMNIQ Corp., together with its subsidiaries, provides artificial intelligence (AI)-based solutions in the United States. The company offers computer vision image processing-based solutions using AI technol...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/04 23:03
End of Day Share Price2021/08/04 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.