Q-Free Valuation

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

QFRE.F ($0) is trading below our estimate of [[fair value]] ($0)

Is QFRE.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: QFRE.F ($0) is trading below our estimate of fair value ($0)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for QFRE.F?

Key metric: As QFRE.F is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for QFRE.F. This is calculated by dividing QFRE.F's market cap by their current revenue.
What is QFRE.F's PS Ratio?
PS Ratio	0.000001x
Sales	NOK 1.14b
Market Cap	NOK 13.84b

QFRE.F 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/Revenue	13.9x
Enterprise Value/EBITDA	272.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does QFRE.F's PS Ratio compare to its peers?

The above table shows the PS ratio for QFRE.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	3.8x
ARLO Arlo Technologies	2.3x	-0.2%	US$1.2b
NSSC Napco Security Technologies	7.2x	10.7%	US$1.4b
AIOT PowerFleet	4x	29.7%	US$855.9m
OSIS OSI Systems	1.7x	5.5%	US$2.7b
QFRE.F Q-Free	0.000001x	n/a	US$1.3b

Price-To-Sales vs Peers: QFRE.F is good value based on its Price-To-Sales Ratio (1.2x) compared to the peer average (3.2x).

Price to Sales Ratio vs Industry

How does QFRE.F's PS Ratio compare vs other companies in the US Electronic Industry?

33 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	2.0x	7.3%
QFRE.F Q-Free	0.000001x	n/a	US$1.32b
SNX TD SYNNEX	0.2x	5.3%	US$9.87b
ARW Arrow Electronics	0.2x	2.7%	US$6.00b

33 Companies		Estimated Growth	Market Cap
Industry Avg.	2.0x	18.2%
QFRE.F Q-Free	0.000001x	n/a	US$1.32b

No more companies

Price-To-Sales vs Industry: QFRE.F is good value based on its Price-To-Sales Ratio (1.2x) compared to the US Electronic industry average (1.6x).

Price to Sales Ratio vs Fair Ratio

What is QFRE.F'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.

QFRE.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.000001x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate QFRE.F's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

VerifyMe

US$7.9m

Provides traceability and customer support services through software and process technology.

VRME

US$0.70

-28.6%

-34.0%

Arrow Electronics

US$6.0b

Provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

ARW

US$116.95

1.5%

-2.6%

Gauzy

US$142.6m

An integrated light and vision control company, develops, manufactures, and supplies liquid crystal controllers and films in Israel, the United States, Europe, France, Asia, and internationally.

GAUZ

US$8.03

3.5%

n/a