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Quickstep Holdings

ASX:QHL
Snowflake Description

Solid track record with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
QHL
ASX
A$55M
Market Cap
  1. Home
  2. AU
  3. Capital Goods
Company description

Quickstep Holdings Limited manufactures advanced composites for the aerospace, defense, automotive, rail, and other manufacturing sectors in Australia, the United States, and internationally. The last earnings update was 42 days ago. More info.


Add to Portfolio Compare Print
  • Quickstep Holdings has significant price volatility in the past 3 months.
QHL Share Price and Events
7 Day Returns
9.9%
ASX:QHL
7.2%
AU Aerospace & Defense
4%
AU Market
1 Year Returns
-4.9%
ASX:QHL
33.6%
AU Aerospace & Defense
-16.5%
AU Market
QHL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Quickstep Holdings (QHL) 9.9% -13.3% -35% -4.9% -25.7% -55.4%
AU Aerospace & Defense 7.2% -14.4% -28.8% 33.6% 46.3% 84.4%
AU Market 4% -15.4% -23.5% -16.5% -14.5% -13.9%
1 Year Return vs Industry and Market
  • QHL underperformed the Aerospace & Defense industry which returned 33.6% over the past year.
  • QHL outperformed the Market in Australia which returned -16.5% over the past year.
Price Volatility
QHL
Industry
5yr Volatility vs Market

Value

 Is Quickstep Holdings 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
  • It is not possible to calculate the future cash flow value for Quickstep Holdings. This is due to cash flow or dividend data being unavailable. The share price is A$0.078.
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 Quickstep Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Quickstep Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:QHL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$0.00
ASX:QHL Share Price ** ASX (2020-04-08) in AUD A$0.08
Global Aerospace & Defense Industry PE Ratio Median Figure of 153 Publicly-Listed Aerospace & Defense Companies 16.78x
Australia Market PE Ratio Median Figure of 515 Publicly-Listed Companies 13.35x

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

** Primary Listing of Quickstep Holdings.

ASX:QHL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:QHL Share Price ÷ EPS (both in AUD)

= 0.08 ÷ 0.00

17x

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

  • Quickstep Holdings is overvalued based on earnings compared to the Global Aerospace & Defense industry average.
  • Quickstep Holdings is overvalued based on earnings compared to the Australia market.
Price based on expected Growth
Does Quickstep Holdings's expected growth come at a high price?
Raw Data
ASX:QHL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Aerospace & Defense Industry PEG Ratio Median Figure of 87 Publicly-Listed Aerospace & Defense Companies 1.59x
Australia Market PEG Ratio Median Figure of 338 Publicly-Listed Companies 1.07x

*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 Quickstep Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Quickstep Holdings's assets?
Raw Data
ASX:QHL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$0.03
ASX:QHL Share Price * ASX (2020-04-08) in AUD A$0.08
Australia Aerospace & Defense Industry PB Ratio Median Figure of 8 Publicly-Listed Aerospace & Defense Companies 2.29x
Australia Market PB Ratio Median Figure of 1,613 Publicly-Listed Companies 1.31x
ASX:QHL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:QHL Share Price ÷ Book Value per Share (both in AUD)

= 0.08 ÷ 0.03

2.93x

* Primary Listing of Quickstep Holdings.

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

  • Quickstep Holdings is overvalued based on assets compared to the AU Aerospace & Defense industry average.
X
Value checks
We assess Quickstep Holdings'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 Aerospace & Defense 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 Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. Quickstep Holdings has a total score of 0/6, 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 Quickstep Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Quickstep Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
13.2%
Expected Aerospace & Defense industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Quickstep Holdings expected to grow at an attractive rate?
  • Unable to compare Quickstep Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Quickstep Holdings's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Quickstep Holdings's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:QHL Future Growth Rates Data Sources
Data Point Source Value (per year)
Global Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 13.2%
Global Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 4.2%
Australia Market Earnings Growth Rate Market Cap Weighted Average 10.5%
Australia Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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
ASX:QHL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:QHL Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-04-08
ASX:QHL Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 78 0 3
2019-09-30 76 0 3
2019-06-30 73 0 3
2019-03-31 69 2 2
2018-12-31 65 3 1
2018-09-30 62 1 -1
2018-06-30 59 -1 -3
2018-03-31 57 -3 -5
2017-12-31 55 -5 -7
2017-09-30 54 -2 -7
2017-06-30 52 0 -7
2017-03-31 51 -2 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Quickstep Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Quickstep Holdings is high growth as no revenue estimate data is available.
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
ASX:QHL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Quickstep Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:QHL Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-04-08
ASX:QHL Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 0.00
2019-09-30 0.00
2019-06-30 0.00
2019-03-31 0.00
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01

*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 Quickstep Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Check out Quickstep Holdings's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
  2. Quickstep Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Quickstep Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Quickstep Holdings'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 Global market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global 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.
Quickstep Holdings has a total score of 0/6, 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 Quickstep Holdings performed over the past 5 years?

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 Quickstep Holdings's growth in the last year to its industry (Aerospace & Defense).
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.
  • Quickstep Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Quickstep Holdings's 1-year earnings growth exceeds its 5-year average (254.3% vs 40%)
  • Quickstep Holdings's earnings growth has exceeded the Global Aerospace & Defense industry average in the past year (254.3% vs 10.8%).
Earnings and Revenue History
Quickstep Holdings'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 Quickstep Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:QHL Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 77.87 3.27 10.72 2.09
2019-09-30 75.57 2.98 10.60 2.12
2019-06-30 73.28 2.69 10.47 2.16
2019-03-31 69.15 1.81 9.48 2.39
2018-12-31 65.03 0.92 8.48 2.63
2018-09-30 62.03 -0.98 8.05 3.08
2018-06-30 59.04 -2.89 7.62 3.53
2018-03-31 57.09 -4.86 7.95 4.28
2017-12-31 55.14 -6.83 8.27 5.04
2017-09-30 53.53 -6.74 8.09 5.27
2017-06-30 51.92 -6.66 7.92 5.49
2017-03-31 51.18 -6.57 8.03 5.28
2016-12-31 50.45 -6.47 8.14 5.07
2016-09-30 50.29 -6.13 7.95 4.28
2016-06-30 50.13 -5.79 7.77 3.49
2016-03-31 50.29 -3.64 6.77 2.36
2015-12-31 50.46 -1.50 5.78 1.23
2015-09-30 44.99 -2.72 6.56 1.64
2015-06-30 39.51 -3.94 7.34 2.05
2015-03-31 30.61 -6.77 7.81 2.53
2014-12-31 21.71 -9.61 8.27 3.01
2014-09-30 16.85 -10.40 9.04 3.02
2014-06-30 12.00 -11.18 9.80 3.02
2014-03-31 8.22 -13.44 11.90 3.35
2013-12-31 4.45 -15.69 14.01 3.67
2013-09-30 3.50 -16.34 14.60 3.72
2013-06-30 2.56 -16.99 15.19 3.77

*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.
  • Quickstep Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Quickstep Holdings used its assets more efficiently than the Global Aerospace & Defense industry average last year based on Return on Assets.
  • Quickstep Holdings has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Quickstep Holdings'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 Aerospace & Defense 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.
Quickstep Holdings has a total score of 5/6, 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 Quickstep Holdings'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 Quickstep Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Quickstep Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Quickstep Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Quickstep Holdings'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.
  • Debt is covered by short term assets, assets are 3x debt.
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 Quickstep Holdings Company Filings, last reported 3 months ago.

ASX:QHL Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 19.00 8.84 3.36
2019-09-30 19.00 8.84 3.36
2019-06-30 22.04 8.46 8.14
2019-03-31 22.04 8.46 8.14
2018-12-31 8.41 15.50 3.98
2018-09-30 8.41 15.50 3.98
2018-06-30 5.79 13.56 3.67
2018-03-31 5.79 13.56 3.67
2017-12-31 5.50 15.59 3.04
2017-09-30 5.50 15.59 3.04
2017-06-30 8.18 12.00 4.44
2017-03-31 8.18 12.00 4.44
2016-12-31 11.68 11.16 5.95
2016-09-30 11.68 11.16 5.95
2016-06-30 14.23 11.92 8.54
2016-03-31 14.23 11.92 8.54
2015-12-31 17.78 12.54 16.15
2015-09-30 17.78 12.54 16.15
2015-06-30 -1.23 15.74 1.88
2015-03-31 -1.23 15.74 1.88
2014-12-31 -1.08 13.28 4.49
2014-09-30 -1.08 13.28 4.49
2014-06-30 3.09 10.45 1.34
2014-03-31 3.09 10.45 1.34
2013-12-31 8.14 10.10 7.20
2013-09-30 8.14 10.10 7.20
2013-06-30 0.27 11.45 1.78
  • Quickstep Holdings's level of debt (46.5%) compared to net worth is high (greater than 40%).
  • Quickstep Holdings had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 3.1x coverage).
X
Financial health checks
We assess Quickstep Holdings'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. Quickstep Holdings has a total score of 4/6, 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 Quickstep Holdings'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 Quickstep Holdings dividends.
If you bought A$2,000 of Quickstep Holdings shares you are expected to receive A$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 Quickstep Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Quickstep Holdings'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
ASX:QHL 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 0 Analyst Estimates (S&P Global) See Below
Global Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 100 Stocks 2.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 366 Stocks 5.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.7%
Australia Bottom 25% Dividend Yield 25th Percentile 3%
Australia Top 25% Dividend Yield 75th Percentile 7.9%

Industry and Market average data is calculated daily.

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

ASX:QHL Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2020-04-08

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

  • Unable to perform a dividend volatility check as Quickstep Holdings has not reported any payouts.
  • Unable to verify if Quickstep Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Quickstep Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Quickstep Holdings 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 Quickstep Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - 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 Quickstep Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Quickstep Holdings 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 Quickstep Holdings'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
Mark Burgess
COMPENSATION A$889,156
TENURE AS CEO 2.9 years
CEO Bio

Mr. Mark H. Burgess has been the Chief Executive Officer, Managing Director and Director of Quickstep Holdings Limited since May 18, 2017. Mr. Burgess serves as Vice President of Honeywell Aerospace Asia Pacific responsible for driving sustained profitable growth during his 4 years in that role across a defence, space and commercial helicopter portfolio. Previously, Mr. Burgess held a successful career with BAE Systems in the UK, Middle East and South East Asia in sales, contracts, project and general management roles. He holds degree in Political Science and Economics from the University of Hull and has completed several post graduate studies in business and operations management.

CEO Compensation
  • Mark's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Mark's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Quickstep Holdings management team in years:

2.9
Average Tenure
  • The tenure for the Quickstep Holdings management team is about average.
Management Team

Mark Burgess

TITLE
CEO, MD & Director
COMPENSATION
A$889K
TENURE
2.9 yrs

Alan Tilley

TITLE
Chief Financial Officer
COMPENSATION
A$439K
TENURE
1.8 yrs

Gary Robinson

TITLE
Executive General Manager of Operations
COMPENSATION
A$345K
TENURE
1.6 yrs

David de la Pena

TITLE
Executive General Manager Engineering & Technology
COMPENSATION
A$283K
TENURE
0.9 yrs

Jacque Courtney-Pitman

TITLE
Executive General Manager of Human Resources
COMPENSATION
A$401K

Jaime Pinto

TITLE
Company Secretary
COMPENSATION
A$60K
AGE
48
TENURE
7.4 yrs

Carl de Koning

TITLE
General Manager of Marketing & External Relations
TENURE
2.9 yrs

Mike Schramko

TITLE
GM of Business Development
COMPENSATION
A$263K
TENURE
2.9 yrs

Tim Olding

TITLE
General Manager of Systems
COMPENSATION
A$295K
TENURE
2.9 yrs

Michael Hau

TITLE
Director of European Operations
COMPENSATION
A$91K
TENURE
2.9 yrs
Board of Directors Tenure

Average tenure and age of the Quickstep Holdings board of directors in years:

2
Average Tenure
63
Average Age
  • The average tenure for the Quickstep Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Tony Henry Quick

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$126K
AGE
63
TENURE
5.9 yrs

Mark Burgess

TITLE
CEO, MD & Director
COMPENSATION
A$889K
TENURE
2.9 yrs

Andrew Walker

TITLE
Chairman of Technology Advisory Board
AGE
67
TENURE
13.1 yrs

Leanne Heywood

TITLE
Independent Non Executive Director
COMPENSATION
A$25K
TENURE
1.2 yrs

Lou Luedtke

TITLE
Member of Technology Advisory Board

Lis Mannes

TITLE
Non-Executive Director
TENURE
0.7 yrs

Patrick Largier

TITLE
Non-Executive Director
AGE
62
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • Information is not available.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
02. Mar 20 Sell Mark Burgess Individual 25. Feb 20 26. Feb 20 -1,587,025 A$0.09 A$-142,830
02. Mar 20 Buy Mark Burgess Individual 25. Feb 20 26. Feb 20 1,587,025 A$0.09 A$142,830
02. Jan 20 Buy Patrick Largier Individual 30. Dec 19 30. Dec 19 100,000 A$0.12 A$12,000
20. Nov 19 Buy Leanne Heywood Individual 18. Nov 19 18. Nov 19 40,000 A$0.12 A$5,000
04. Nov 19 Sell Perpetual Limited Company 31. Oct 19 31. Oct 19 -1,438,215 A$0.15 A$-222,580
04. Nov 19 Buy Perpetual Limited Company 17. May 19 29. Aug 19 712,457 A$0.09 A$60,695
26. Sep 19 Buy AustralianSuper Pty. Ltd. Company 20. Jun 19 20. Sep 19 36,442,682 A$0.11 A$4,008,680
24. Sep 19 Buy Regal Funds Management Pty Limited Company 20. May 19 29. Aug 19 2,181,946 A$0.09 A$183,061
20. May 19 Buy Perpetual Limited Company 13. May 19 16. May 19 6,020,512 A$0.08 A$467,430
X
Management checks
We assess Quickstep Holdings'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. Quickstep Holdings 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

What Kind Of Shareholders Own Quickstep Holdings Limited (ASX:QHL)?

Quickstep Holdings is a smaller company with a market capitalization of AU$60m, so it may still be flying under the radar of many institutional investors. … View our latest analysis for Quickstep Holdings ASX:QHL Ownership Summary, August 27th 2019 What Does The Institutional Ownership Tell Us About Quickstep Holdings? … General Public Ownership The general public, who are mostly retail investors, collectively hold 69% of Quickstep Holdings shares.

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Should You Be Excited About Quickstep Holdings Limited's (ASX:QHL) 11% Return On Equity?

By way of learning-by-doing, we'll look at ROE to gain a better understanding of Quickstep Holdings Limited (ASX:QHL). … Over the last twelve months Quickstep Holdings has recorded a ROE of 11%. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Did You Manage To Avoid Quickstep Holdings's (ASX:QHL) 48% Share Price Drop?

While not a mind-blowing move, it is good to see that the Quickstep Holdings Limited (ASX:QHL) share price has gained 23% in the last three months. … During five years of share price growth, Quickstep Holdings moved from a loss to profitability. … A more detailed examination of the revenue and earnings may or may not explain why the share price languishes; there could be an opportunity.

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Quickstep Holdings Limited (ASX:QHL) Earns Among The Best Returns In Its Industry

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

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Do Institutions Own Quickstep Holdings Limited (ASX:QHL) Shares?

A look at the shareholders of Quickstep Holdings Limited (ASX:QHL) can tell us which group is most powerful. … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … With a market capitalization of AU$42m, Quickstep Holdings is a small cap stock, so it might not be well known by many institutional investors.

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Quickstep Holdings Limited (ASX:QHL): Should The Recent Earnings Drop Worry You?

Today I will take a look at Quickstep Holdings Limited's (ASX:QHL) most recent earnings update (31 December 2017) and compare these latest figures against its performance over the past few years, as well as how the rest of the aerospace & defense industry performed. … Was QHL's recent earnings decline indicative of a tough track record. … QHL is loss-making, with the most recent trailing twelve-month earnings of -AU$6.83m (from 31 December 2017), which compared to last year has become.

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Is Quickstep Holdings Limited's (ASX:QHL) Balance Sheet Strong Enough To Weather A Storm?

How does QHL’s operating cash flow stack up against its debt? … However, QHL is only producing AU$94.00K in operating cash flow in the last twelve months, leading to an operating cash to total debt ratio of under 1x, indicating that the current level of operating cash is not enough to cover debt. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: QHL’s debt and cash flow levels indicate room for improvement.

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Should You Be Concerned With Quickstep Holdings Limited's (ASX:QHL) -5.45% Earnings Drop?

Analyzing Quickstep Holdings Limited's (ASX:QHL) track record of past performance is a valuable exercise for investors. … Check out our latest analysis for Quickstep Holdings Was QHL's recent earnings decline indicative of a tough track record? … Quickstep Holdings's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

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Does Quickstep Holdings Limited (ASX:QHL) Need To Issue More Shares?

Looking at Quickstep Holdings’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … The measure of how fast Quickstep Holdings goes through its cash reserves over time is called the cash burn rate. … However, even with declining costs, the current level of cash is not enough to sustain Quickstep Holdings’s operations and the company may need to come to market to raise more capital within the year.

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Who Are The Major Shareholders In Quickstep Holdings Limited (ASX:QHL)?

Today, I will be analyzing Quickstep Holdings Limited’s (ASX:QHL) recent ownership structure, an important but not-so-popular subject among individual investors. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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Company Info

Description

Quickstep Holdings Limited manufactures advanced composites for the aerospace, defense, automotive, rail, and other manufacturing sectors in Australia, the United States, and internationally. It produces aerospace-grade composite components using autoclave-based manufacturing and out-of-autoclave production technologies and Quickstep curing process system. Quickstep Holdings Limited was founded in 2001 and is based in Bankstown, Australia.

Details
Name: Quickstep Holdings Limited
QHL
Exchange: ASX
Founded: 2001
A$54,934,518
713,435,303
Website: http://www.quickstep.com.au
Address: Quickstep Holdings Limited
361 Milperra Road,
Bankstown,
New South Wales, 2200,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX QHL Ordinary Shares Australian Securities Exchange AU AUD 17. Oct 2005
OTCPK QCKS.F Ordinary Shares Pink Sheets LLC US USD 17. Oct 2005
CHIA QHL Ordinary Shares Chi-X Australia AU AUD 17. Oct 2005
Number of employees
Current staff
Staff numbers
0
Quickstep Holdings employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 10:36
End of day share price update: 2020/04/08 00:00
Last estimates confirmation: 2019/09/13
Last earnings filing: 2020/02/26
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


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.