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QMCO

Quantum NasdaqGM:QMCO Stock Report

Last Price

US$1.84

Market Cap

US$188.9m

7D

0%

1Y

-68.1%

Updated

09 Aug, 2022

Data

Company Financials +
QMCO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

QMCO Stock 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

Price History & Performance

Summary of all time highs, changes and price drops for Quantum
Historical stock prices
Current Share PriceUS$1.84
52 Week HighUS$7.45
52 Week LowUS$1.34
Beta2.35
1 Month Change21.85%
3 Month Change17.95%
1 Year Change-68.06%
3 Year Change-67.55%
5 Year Change-67.38%
Change since IPO-98.84%

Recent News & Updates

Shareholder Returns

QMCOUS TechUS Market
7D0%2.1%1.1%
1Y-68.1%11.8%-13.0%

Return vs Industry: QMCO underperformed the US Tech industry which returned 11.8% over the past year.

Return vs Market: QMCO underperformed the US Market which returned -13% over the past year.

Price Volatility

Is QMCO's price volatile compared to industry and market?
QMCO volatility
QMCO Average Weekly Movement10.2%
Tech Industry Average Movement8.9%
Market Average Movement7.9%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: QMCO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: QMCO's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1980905Jamie 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 CatDV, an asset management and workflow orchestration platform that provides asset management, automation, and collaboration tools for organization that manages large volumes of digital media; 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 appliances for backup storage and multi-site disaster recovery; portfolio of products designed for the capture and analysis of video surveillance and security, 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$188.91m
Earnings (TTM)-US$38.74m
Revenue (TTM)US$380.80m

0.5x

P/S Ratio

-4.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QMCO income statement (TTM)
RevenueUS$380.80m
Cost of RevenueUS$237.00m
Gross ProfitUS$143.81m
Other ExpensesUS$182.54m
Earnings-US$38.74m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.38
Gross Margin37.76%
Net Profit Margin-10.17%
Debt/Equity Ratio-133.0%

How did QMCO perform over the long term?

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

Valuation

Is QMCO 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 QMCO?

Other financial metrics that can be useful for relative valuation.

QMCO 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/Revenue0.7x
Enterprise Value/EBITDA-46.1x
PEG Ration/a

Price to Sales Ratio vs Peers

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

QMCO PS Ratio vs Peers
The above table shows the PS ratio for QMCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.6x
IMMR Immersion
5.4x2.5%US$190.9m
PMTS CPI Card Group
0.5x10.7%US$216.9m
HEAR Turtle Beach
0.5x15.1%US$154.2m
DBD Diebold Nixdorf
0.09x2.9%US$330.1m
QMCO Quantum
0.5x4.0%US$188.9m

Price-To-Sales vs Peers: QMCO is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (1.6x).


Price to Earnings Ratio vs Industry

How does QMCO's PE Ratio compare vs other companies in the US Tech Industry?

Price-To-Sales vs Industry: QMCO is good value based on its Price-To-Sales Ratio (0.5x) compared to the US Tech industry average (1.1x)


Price to Sales Ratio vs Fair Ratio

What is QMCO'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.

QMCO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ratio1x

Price-To-Sales vs Fair Ratio: QMCO is good value based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (1x).


Share Price vs Fair Value

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

Below Fair Value: QMCO ($1.84) is trading below our estimate of fair value ($2.06)

Significantly Below Fair Value: QMCO 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, but analysts are not within a statistically confident range of agreement.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


79.4%

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 (4% per year) is forecast to grow slower than the US market (7.9% per year).

High Growth Revenue: QMCO's revenue (4% 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


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Past Performance

How has Quantum 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


-0.7%

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, and losses have increased over the past 5 years at a rate of 0.7% 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 (92.6%).


Return on Equity

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


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Financial Health

How is Quantum's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

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 less than a year of cash runway 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.


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Dividend

What is Quantum 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 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.


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 QMCO has not reported any payouts.


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Management

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

1.7yrs

Average management tenure


CEO

Jamie Lerner (52 yo)

4.08yrs

Tenure

US$2,526,902

Compensation

Mr. James J. Lerner, also known as Jamie, has been Chief Executive Officer and President of Quantum Corporation since July 1, 2018 and its Chairman since August 7, 2018. Prior to Quantum, he served as Chie...


CEO Compensation Analysis

Compensation vs Market: Jamie's total compensation ($USD2.53M) is above average for companies of similar size in the US market ($USD1.68M).

Compensation vs Earnings: Jamie's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: QMCO's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: QMCO's board of directors are considered experienced (4.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: QMCO insiders have only sold shares in the past 3 months.


Recent Insider Transactions

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

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
  • Implied Market Cap: US$188.909m
  • Shares outstanding: 102.67m
  • 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 Analysis2022/08/09 00:00
End of Day Share Price2022/08/09 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.