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QMCO

QuantumNasdaqGM:QMCO Stock Report

Market Cap

US$326.6m

7D

8.9%

1Y

17.2%

Updated

19 Oct, 2021

Data

Company Financials +
QMCO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

QMCO Overview

Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Quantum Competitors

Dell Technologies

NYSE:DELL

US$83.1b

Hewlett Packard Enterprise

NYSE:HPE

US$19.8b

Western Digital

NasdaqGS:WDC

US$17.3b

Crossroads Systems

OTCPK:CRSS

US$105.9m

Price History & Performance

Summary of all time highs, changes and price drops for Quantum
Historical stock prices
Current Share PriceUS$5.61
52 Week HighUS$4.05
52 Week LowUS$9.47
Beta2.2
1 Month Change5.06%
3 Month Change-11.93%
1 Year Change17.24%
3 Year Change129.92%
5 Year Change-23.96%
Change since IPO-96.47%

Recent News & Updates

Sep 15
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Quantum Corporation's (NASDAQ:QMCO) CEO For Now

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Quantum Corporation's (NASDAQ:QMCO) CEO For Now

CEO Jamie Lerner has done a decent job of delivering relatively good performance at Quantum Corporation ( NASDAQ:QMCO...

Shareholder Returns

QMCOUS TechUS Market
7D8.9%5.0%4.0%
1Y17.2%29.9%30.5%

Return vs Industry: QMCO underperformed the US Tech industry which returned 29.6% over the past year.

Return vs Market: QMCO underperformed the US Market which returned 30% over the past year.

Price Volatility

Is QMCO's price volatile compared to industry and market?
QMCO volatility
QMCO Beta2.2
Industry Beta1.22
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1980827Jamie Lernerhttps://www.quantum.com

Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers StorNext software systems that enable high-speed ingest, editing, processing, and management of digital video and image datasets; and Scalar tape systems that provide long-term data storage facility to archive and preserve digital content for decades. It also provides DXi backup systems for backup storage and multi-site disaster recovery; surveillance and physical security storage systems, including video recording servers, as well as hyperconverged storage systems for video surveillance management and recording; and appliances designed for video surveillance analytics and to run various types of access control systems.

Quantum Fundamentals Summary

How do Quantum's earnings and revenue compare to its market cap?
QMCO fundamental statistics
Market CapUS$326.57m
Earnings (TTM)-US$28.88m
Revenue (TTM)US$365.37m

0.9x

P/S Ratio

-11.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QMCO income statement (TTM)
RevenueUS$365.37m
Cost of RevenueUS$208.19m
Gross ProfitUS$157.18m
ExpensesUS$186.06m
Earnings-US$28.88m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 03, 2021

Earnings per share (EPS)-0.50
Gross Margin43.02%
Net Profit Margin-7.90%
Debt/Equity Ratio-82.5%

How did QMCO perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: QMCO ($5.61) is trading below our estimate of fair value ($53.39)

Significantly Below Fair Value: QMCO is trading below fair value by more than 20%.


Price To Earnings Ratio

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

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


Price to Book Ratio

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


Future Growth

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

121.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: QMCO's revenue (9.1% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: QMCO's revenue (9.1% 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 QMCO's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Quantum performed over the past 5 years?

14.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QMCO is currently unprofitable.

Growing Profit Margin: QMCO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: QMCO is unprofitable, but has reduced losses over the past 5 years at a rate of 14% per year.

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

Earnings vs Industry: QMCO is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (63.2%).


Return on Equity

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


Financial Health

How is Quantum's financial position?


Financial Position Analysis

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

Long Term Liabilities: QMCO 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: QMCO has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: QMCO'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: QMCO has sufficient cash runway for more than 3 years based on its current free cash flow.

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


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if QMCO'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 QMCO'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?

3.0yrs

Average management tenure


CEO

Jamie Lerner (51 yo)

3.25yrs

Tenure

US$2,989,619

Compensation

Mr. James J. Lerner, also known as Jamie, has been Chief Executive Officer and President of Quantum Corp since July 1, 2018 and its Chairman since August 7, 2018. He is responsible for overseeing the day-t...


CEO Compensation Analysis

Compensation vs Market: Jamie's total compensation ($USD2.99M) is above average for companies of similar size in the US market ($USD1.70M).

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


Leadership Team

Experienced Management: QMCO's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: QMCO's board of directors are considered experienced (3.2 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 45.9%.


Top Shareholders

Company Information

Quantum Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Quantum Corporation
  • Ticker: QMCO
  • Exchange: NasdaqGM
  • Founded: 1980
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: US$326.573m
  • Shares outstanding: 58.21m
  • Website: https://www.quantum.com

Number of Employees


Location

  • Quantum Corporation
  • 224 Airport Parkway
  • Suite 550
  • San Jose
  • California
  • 95110
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 23:38
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.