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Quantum

OTCPK:QMCO
Snowflake Description

Mediocre balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
QMCO
OTCPK
$87M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses and multi-national enterprises in the Americas, Europe, and the Asia Pacific. The last earnings update was 496 days ago. More info.


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  • Quantum has significant price volatility in the past 3 months.
QMCO Share Price and Events
7 Day Returns
2.5%
OTCPK:QMCO
2.9%
US Tech
1.2%
US Market
1 Year Returns
-40.3%
OTCPK:QMCO
3.1%
US Tech
3%
US Market
QMCO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Quantum (QMCO) 2.5% -7.9% 64.9% -40.3% -45.4% -73.7%
US Tech 2.9% 8.7% 16.8% 3.1% 64.8% 107.3%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • QMCO underperformed the Tech industry which returned 3.1% over the past year.
  • QMCO underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
QMCO
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Quantum undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Quantum to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Quantum.

OTCPK:QMCO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:QMCO
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Tech Unlevered Beta Simply Wall St/ S&P Global 1.03
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.027 (1 + (1- 21%) (147.17%))
1.817
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.82
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.817 * 5.96%)
13.56%

Discounted Cash Flow Calculation for OTCPK:QMCO using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Quantum is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:QMCO DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 13.56%)
2019 34.80 Analyst x1 30.64
2020 60.10 Est @ 72.69% 46.60
2021 91.17 Est @ 51.7% 62.25
2022 124.91 Est @ 37.01% 75.11
2023 158.30 Est @ 26.73% 83.81
2024 189.21 Est @ 19.53% 88.22
2025 216.63 Est @ 14.49% 88.94
2026 240.37 Est @ 10.96% 86.90
2027 260.78 Est @ 8.49% 83.02
2028 278.42 Est @ 6.76% 78.05
Present value of next 10 years cash flows $723.55
OTCPK:QMCO DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $278.42 × (1 + 2.73%) ÷ (13.56% – 2.73%)
$2,640.59
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,640.59 ÷ (1 + 13.56%)10
$740.26
OTCPK:QMCO Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $723.55 + $740.26
$1,463.81
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,463.81 / 35.55
$41.17
OTCPK:QMCO Discount to Share Price
Calculation Result
Value per share (USD) From above. $41.17
Current discount Discount to share price of $2.44
= -1 x ($2.44 - $41.17) / $41.17
94.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Quantum is available for.
Intrinsic value
>50%
Share price is $2.44 vs Future cash flow value of $41.17
Current Discount Checks
For Quantum to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Quantum's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Quantum's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Quantum's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Quantum's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:QMCO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2017-09-30) in USD $-0.25
OTCPK:QMCO Share Price ** OTCPK (2019-03-20) in USD $2.44
United States of America Tech Industry PE Ratio Median Figure of 15 Publicly-Listed Tech Companies 16.8x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Quantum.

OTCPK:QMCO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:QMCO Share Price ÷ EPS (both in USD)

= 2.44 ÷ -0.25

-9.86x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quantum is loss making, we can't compare its value to the US Tech industry average.
  • Quantum is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Quantum's expected growth come at a high price?
Raw Data
OTCPK:QMCO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -9.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
United States of America Tech Industry PEG Ratio Median Figure of 8 Publicly-Listed Tech Companies 1.09x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Quantum, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Quantum's assets?
Raw Data
OTCPK:QMCO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2017-09-30) in USD $-3.59
OTCPK:QMCO Share Price * OTCPK (2019-03-20) in USD $2.44
United States of America Tech Industry PB Ratio Median Figure of 37 Publicly-Listed Tech Companies 1.87x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:QMCO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:QMCO Share Price ÷ Book Value per Share (both in USD)

= 2.44 ÷ -3.59

-0.68x

* Primary Listing of Quantum.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quantum has negative assets, we can't compare the value of its assets to the US Tech industry average.
X
Value checks
We assess Quantum's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check)
  5. Quantum has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Quantum expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
173.2%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Quantum expected to grow at an attractive rate?
  • Quantum's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Quantum's earnings growth is expected to exceed the United States of America market average.
  • Quantum's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:QMCO Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:QMCO Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 173.2%
OTCPK:QMCO Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -2.4%
United States of America Tech Industry Earnings Growth Rate Market Cap Weighted Average 4.7%
United States of America Tech Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:QMCO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:QMCO Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-03-31 462 38 1
2018-03-31 475 14 1
OTCPK:QMCO Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2017-09-30 478 6 -8
2017-06-30 506 5 3
2017-03-31 505 9 4
2016-12-31 505 14 -47
2016-09-30 499 -7 -54
2016-06-30 481 7 -69
2016-03-31 476 -12 -76
2015-12-31 504 -21 -11
2015-09-30 518 -5 -2
2015-06-30 536 -14 10
2015-03-31 553 6 17
2014-12-31 533 31 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Quantum's earnings are expected to grow significantly at over 20% yearly.
  • Quantum's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:QMCO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Quantum Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:QMCO Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-03-31 0.48 0.48 0.48 1.00
2018-03-31 -0.15 -0.15 -0.15 1.00
OTCPK:QMCO Past Financials Data
Date (Data in USD Millions) EPS *
2017-09-30 -0.25
2017-06-30 0.10
2017-03-31 0.11
2016-12-31 -1.41
2016-09-30 -1.62
2016-06-30 -2.09
2016-03-31 -2.33
2015-12-31 -0.33
2015-09-30 -0.07
2015-06-30 0.32
2015-03-31 0.54
2014-12-31 -0.33

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Quantum will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Quantum's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Quantum has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Quantum performed over the past 5 years?

  • Quantum's last earnings update was 496 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Quantum's growth in the last year to its industry (Tech).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Quantum does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Quantum's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Quantum's 1-year growth to the US Tech industry average as it is not currently profitable.
Earnings and Revenue History
Quantum's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Quantum Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:QMCO Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2017-09-30 478.23 -8.44 155.46 42.72
2017-06-30 505.92 3.49 155.54 43.93
2017-03-31 505.35 3.65 154.83 44.38
2016-12-31 504.54 -47.33 152.38 43.90
2016-09-30 499.10 -53.86 156.80 44.47
2016-06-30 481.39 -69.16 160.26 46.44
2016-03-31 475.96 -76.39 162.53 48.70
2015-12-31 503.73 -10.61 170.25 52.78
2015-09-30 517.74 -2.15 169.86 55.60
2015-06-30 535.82 10.33 169.98 57.39
2015-03-31 553.10 17.08 170.47 58.62
2014-12-31 533.27 -10.55 169.00 58.99
2014-09-30 537.07 -19.94 171.38 61.03
2014-06-30 533.44 -29.08 173.87 62.24
2014-03-31 553.17 -21.47 176.64 64.38
2013-12-31 565.10 -22.12 182.83 66.38
2013-09-30 578.60 -27.84 187.58 68.99
2013-06-30 594.44 -32.24 192.51 72.11
2013-03-31 587.44 -52.18 198.89 73.96
2012-12-31 607.84 -48.19 200.95 75.79
2012-09-30 621.96 -36.10 201.62 74.81
2012-06-30 639.69 -20.24 198.25 74.33
2012-03-31 651.99 -9.26 193.61 74.37

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Quantum has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Quantum used its assets less efficiently than the US Tech industry average last year based on Return on Assets.
  • It is difficult to establish if Quantum improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Quantum's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Quantum has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Quantum's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Quantum's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Quantum's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Quantum's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Quantum's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Quantum has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Quantum Company Filings, last reported 1 year ago.

OTCPK:QMCO Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2017-09-30 -124.33 127.67 9.50
2017-06-30 -118.00 123.15 8.66
2017-03-31 -116.00 127.86 12.96
2016-12-31 -116.55 136.46 22.60
2016-09-30 -123.42 129.73 29.53
2016-06-30 -129.06 131.12 34.50
2016-03-31 -125.89 134.96 33.87
2015-12-31 -76.87 138.06 32.92
2015-09-30 -78.46 152.68 46.23
2015-06-30 -67.99 152.41 53.69
2015-03-31 -60.44 152.14 67.95
2014-12-31 -76.67 203.74 106.98
2014-09-30 -86.20 203.74 105.03
2014-06-30 -88.59 203.74 104.46
2014-03-31 -87.40 203.74 99.13
2013-12-31 -79.63 205.00 80.12
2013-09-30 -80.79 205.00 73.83
2013-06-30 -77.31 205.00 76.73
2013-03-31 -82.36 205.00 68.98
2012-12-31 -72.08 205.00 51.34
2012-09-30 -67.69 184.50 28.97
2012-06-30 -60.55 184.50 46.27
2012-03-31 -46.68 184.50 51.26
  • Quantum has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Quantum's debt level has increased considering it has negative shareholder equity.
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.

  • Whilst loss making Quantum has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Quantum has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.1% per year.
X
Financial health checks
We assess Quantum's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Quantum has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Quantum dividends.
If you bought $2,000 of Quantum shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Quantum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Quantum's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:QMCO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Tech Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 1.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:QMCO Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2019-03-31
2018-03-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Quantum has not reported any payouts.
  • Unable to verify if Quantum's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Quantum's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Quantum has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Quantum's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Quantum afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Quantum has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Quantum's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jamie Lerner
AGE 48
TENURE AS CEO 0.7 years
CEO Bio

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 2018. He is responsible for overseeing the day-to-day operations of the business while leading Quantum’s multi-pronged transformation initiatives to drive profitability, growth and innovation. Prior to Quantum, he served as Chief Operating Officer at Pivot3 Inc. since March 16, 2017 until 2018 and as Vice President since February 9, 2017 until 2018. Mr. Lerner served the Chief Revenue Officer at Pivot3 Inc. since November 03, 2016 until March 16, 2017. Mr. Lerner is responsible for continuing and accelerating Pivot3’s rapid growth and for delivering the most scalable and high-performing solution on the market. He served as the Chief Executive Officer at Xyratex Ltd. Mr. Lerner served as President of Cloud Systems and Solutions at Seagate Technology Public Limited Company from March 10, 2014 to July 01, 2015. He served as Senior Vice President of Cloud & Systems Management Technology Group and General Manager of Cloud & Systems Management Technology Group at Cisco Systems, Inc. He was responsible for products that enable enterprises and service providers to manage Cisco equipment and associated services more effectively. He has spent nearly two decades in executive management positions in high-tech, primarily focused on enterprise level management software and services. Mr. Lerner founded Cittio Inc., in 2001 and served as its President and Chief Executive Officer. He co-founded XUMA Inc., in 1997 and served as its Co-Chief Executive Officer and Chief Technology Officer. He served as Senior Software Architect and Product Manager at Platinum Technology for three years, where he was responsible for leading a successful programming team that created SQL Station, the industry leading development tool for Oracle, Sybase and Microsoft SQL Server. Prior to working at Platinum, he was a Senior Consultant at Andersen Consulting for three years. He served as Chairman of the Board of XUMA, Inc. He has driven the development of award-winning software and is widely quoted in top-tier publications including Fortune, Red Herring, Industry Standard, Computerworld, InfoWorld and Inc. Magazine. As a senior level executive with more than 25 years of experience developing innovative technology portfolios and leading high-growth organizations, Lerner specializes in building creative go-to-market strategies, enabling growth, developing sales talent and organizing highly effective teams to achieve remarkable results. He served as a Director of CITTIO Inc. and XUMA, Inc. Mr. Lerner earned a Bachelor of Science in Quantitative Economics and Decision Sciences from U.C. San Diego.

CEO Compensation
  • Insufficient data for Jamie to compare compensation growth.
  • Insufficient data for Jamie to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Quantum management team in years:

2.9
Average Tenure
49
Average Age
  • The tenure for the Quantum management team is about average.
Management Team

Shawn Hall

TITLE
Senior VP
COMPENSATION
$622K
AGE
49
TENURE
18.2 yrs

Chris Willis

TITLE
Vice President of Financial Planning & Analysis
COMPENSATION
$360K

Jamie Lerner

TITLE
Chairman
AGE
48
TENURE
0.7 yrs

Mike Dodson

TITLE
Chief Financial Officer
AGE
57
TENURE
0.8 yrs

Lewis Moorehead

TITLE
Chief Accounting Officer
AGE
45
TENURE
0.2 yrs

Don Martella

TITLE
Senior Vice President of Engineering
TENURE
7.9 yrs

Geoff Stedman

TITLE
Senior Vice President of Product & Solutions
COMPENSATION
$561K
AGE
51
TENURE
5 yrs

Liz King

TITLE
Chief Revenue Officer
Board of Directors Tenure

Average tenure and age of the Quantum board of directors in years:

1.8
Average Tenure
56
Average Age
  • The average tenure for the Quantum board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jamie Lerner

TITLE
Chairman
AGE
48
TENURE
1.2 yrs

Cliff Press

TITLE
Director
COMPENSATION
$158K
AGE
64
TENURE
2.9 yrs

Marc Rothman

TITLE
Director
AGE
54
TENURE
1.8 yrs

Alex Pinchev

TITLE
Director
AGE
68
TENURE
1.8 yrs

Paul Auvil

TITLE
Director
COMPENSATION
$27K
AGE
54
TENURE
11.6 yrs

Raghu Rau

TITLE
Director
AGE
69
TENURE
2 yrs

Adalio Sanchez

TITLE
Director
AGE
58
TENURE
1.8 yrs

Eric Singer

TITLE
Director
AGE
45
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
23. Jan 19 Buy B. Riley Capital Management, LLC Company 18. Jan 19 22. Jan 19 98,585 $1.80 $175,787
23. Jan 19 Buy Dialectic Capital Management, LLC Company 18. Jan 19 18. Jan 19 31,808 $1.85 $58,991
17. Jan 19 Buy B. Riley Capital Management, LLC Company 15. Jan 19 17. Jan 19 1,333,953 $1.62 $2,088,933
11. Jan 19 Buy B. Riley Capital Management, LLC Company 09. Jan 19 09. Jan 19 500,000 $1.59 $792,500
04. Jan 19 Buy B. Riley Capital Management, LLC Company 31. Dec 18 03. Jan 19 32,428 $1.87 $60,633
29. Dec 18 Buy Dialectic Capital Management, LLC Company 27. Dec 18 27. Dec 18 38,092 $1.49 $56,788
29. Dec 18 Buy B. Riley Capital Management, LLC Company 27. Dec 18 28. Dec 18 353,801 $1.25 $436,464
29. Dec 18 Buy B. Riley Capital Management, LLC Company 28. Dec 18 28. Dec 18 125,000 $1.91 $238,225
X
Management checks
We assess Quantum's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Quantum has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses and multi-national enterprises in the Americas, Europe, and the Asia Pacific. The company offers StorNext 5 software and hardware that offer file sharing and archiving in purpose-built configurations of metadata controllers, expansion appliances, and disk and archive enabled libraries; Xcellis product, which optimizes workflow and shared access by combining functions into a compact, space, and energy-saving solution; and Lattus Object Storage solutions that enable high volumes of data to be available to extract valuable information. It also offers StorNext Storage Manager software; and StorNext AEL archives products, which provide near-line archiving with built-in data protection and self-healing capabilities. In addition, the company’s data protection solutions comprise DXi disk systems that use deduplication technology to enhance the amount of backup data; Scalar Tape Automation Systems, which manage and protect business critical data in workgroup, medium size business, and enterprise data center environment; SuperLoader3 autoloader designed to maximize data density and performance; and iLayer, which offers monitoring, alerts, and proactive diagnostics. Further, it provides device and media products, such as removable disk drives and libraries, tape drives, and storage media. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.

Details
Name: Quantum Corporation
QMCO
Exchange: OTCPK
Founded: 1980
$86,749,529
35,553,086
Website: http://www.quantum.com
Address: Quantum Corporation
224 Airport Parkway,
Suite 550,
San Jose,
California, 95110,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK QMCO Common Stock Pink Sheets LLC US USD 26. Jul 1999
DB QNT2 Common Stock Deutsche Boerse AG DE EUR 26. Jul 1999
BST QNT2 Common Stock Boerse-Stuttgart DE EUR 26. Jul 1999
Number of employees
Current staff
Staff numbers
1,150
Quantum employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:44
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/01/29
Last earnings filing: 2017/11/09
Last earnings reported: 2017/09/30
Last annual earnings reported: 2017/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.