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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Q-Free. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Q-Free's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Q-Free 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
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
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Q-Free's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Q-Free's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Unable to compare Q-Free's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Unable to determine if Q-Free is high growth as no earnings estimate data is available.
Unable to determine if Q-Free 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.
Q-Free's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
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.
TENURE AS CEO
Mr. Håkon Rypern Volldal has been the Chief Executive Officer of Q-Free ASA since August 1, 2016 and serves as its President. Mr. Volldal served as the Head of Business Area Collection Solutions at Tomra Systems ASA from November 2008 to August 2016 and served as its Executive Vice President until August 1, 2016 and its Senior Vice President. He served as Senior Vice President of Business Development at Tomra Systems ASA since November 2008. Mr. Volldal joined TOMRA in 2004 as its Director Mergers & Acquisitions. He served as Management Consultant of McKinsey & Company from 2000 to 2004. Mr. Volldal serves as Chairman of Bright Future AS. He holds a Master of Science in Industrial Economics and Technology Management from the Norwegian University of Science and Technology (NTNU), Norway.
Håkon's compensation has increased whilst company is loss making.
Håkon's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Q-Free management team is less than 2 years, this suggests a new team.
CEO & President
Chief Technology Officer
Executive Vice President of Traffic Management
Executive Vice President of Tolling
Interim Chief Financial Officer
Idunn Bjelland de Garcia
Senior Vice President of Brand
Advisor to Chief Executive Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Q-Free board of directors is less than 3 years, this suggests a new board.
Board of Directors
Acting Chairman of the Board
Members of the Board of Directors
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Q-Free ASA supplies intelligent transportation system products and solutions worldwide. The company offers tolling products, such as dedicated short-range communication tags and readers, parking access control software/ ANPR solutions, electronic toll collection systems, and congestion charging systems; parking guidance and parking access control systems; weigh in motion, cycle and pedestrian detection, journey time monitoring, and weather and air-quality monitoring products, as well as traffic counters; traffic controllers, and centralized traffic controller SW and co-operative ITS products; and advanced traffic management, traffic information, ramp metering, and truck parking products. It also provides service and maintenance services. The company was formerly known as Micro Design AS and changed its name to Q-Free ASA in 1998. Q-Free ASA was founded in 1984 and is headquartered in Trondheim, Norway.
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