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Quest Patent Research

OTCPK:QPRC
Snowflake Description

Slightly overvalued with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
QPRC
OTCPK
$4M
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

Quest Patent Research Corporation, together with its subsidiaries, operates as an intellectual property asset management company in the United States. The last earnings update was 23 days ago. More info.


Add to Portfolio Compare Print
  • Quest Patent Research has significant price volatility in the past 3 months.
QPRC Share Price and Events
7 Day Returns
-9%
OTCPK:QPRC
-0.4%
US Professional Services
-0.3%
US Market
1 Year Returns
75%
OTCPK:QPRC
26.8%
US Professional Services
18.6%
US Market
QPRC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Quest Patent Research (QPRC) -9% -26% -39.3% 75% 203.3% 468.8%
US Professional Services -0.4% 4.1% -0.6% 26.8% 49.7% 76.4%
US Market -0.3% 2.2% 5.6% 18.6% 36.2% 52.2%
1 Year Return vs Industry and Market
  • QPRC outperformed the Professional Services industry which returned 26.8% over the past year.
  • QPRC outperformed the Market in United States of America which returned 18.6% over the past year.
Price Volatility
QPRC
Industry
5yr Volatility vs Market

Value

 Is Quest Patent Research 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 Quest Patent Research 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 Quest Patent Research.

OTCPK:QPRC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

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:QPRC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.83
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.827 (1 + (1- 21%) (114.18%))
1.384
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.38
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.384 * 5.44%)
9.27%

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

The calculations below outline how an intrinsic value for Quest Patent Research 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.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

OTCPK:QPRC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.27%)
2020 0.61 Est @ 56.65% 0.56
2021 0.85 Est @ 40.18% 0.71
2022 1.09 Est @ 28.64% 0.84
2023 1.32 Est @ 20.57% 0.93
2024 1.52 Est @ 14.92% 0.97
2025 1.68 Est @ 10.97% 0.99
2026 1.82 Est @ 8.2% 0.98
2027 1.93 Est @ 6.26% 0.95
2028 2.03 Est @ 4.91% 0.91
2029 2.11 Est @ 3.96% 0.87
Present value of next 10 years cash flows $8.00
OTCPK:QPRC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $2.11 × (1 + 1.74%) ÷ (9.27% – 1.74%)
$28.52
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $28.52 ÷ (1 + 9.27%)10
$11.75
OTCPK:QPRC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $8.00 + $11.75
$19.75
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $19.75 / 383.04
$0.05
OTCPK:QPRC Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.05
Current discount Discount to share price of $0.01
= -1 x ($0.01 - $0.05) / $0.05
82.4%

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

Current Discount
Amount off the current price Quest Patent Research is available for.
Intrinsic value
>50%
Share price is $0.0091 vs Future cash flow value of $0.05157
Current Discount Checks
For Quest Patent Research to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Quest Patent Research's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Quest Patent Research'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 Quest Patent Research's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Quest Patent Research's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:QPRC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-0.01
OTCPK:QPRC Share Price ** OTCPK (2019-12-06) in USD $0.01
United States of America Professional Services Industry PE Ratio Median Figure of 37 Publicly-Listed Professional Services Companies 19.82x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.48x

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

** Primary Listing of Quest Patent Research.

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

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

= 0.01 ÷ -0.01

-1.72x

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

  • Quest Patent Research is loss making, we can't compare its value to the US Professional Services industry average.
  • Quest Patent Research 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 Quest Patent Research's expected growth come at a high price?
Raw Data
OTCPK:QPRC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Professional Services Industry PEG Ratio Median Figure of 31 Publicly-Listed Professional Services Companies 1.98x
United States of America Market PEG Ratio Median Figure of 2,045 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 Quest Patent Research, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Quest Patent Research's assets?
Raw Data
OTCPK:QPRC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $-0.01
OTCPK:QPRC Share Price * OTCPK (2019-12-06) in USD $0.01
United States of America Professional Services Industry PB Ratio Median Figure of 59 Publicly-Listed Professional Services Companies 2.7x
United States of America Market PB Ratio Median Figure of 5,088 Publicly-Listed Companies 1.78x
OTCPK:QPRC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.01 ÷ -0.01

-0.61x

* Primary Listing of Quest Patent Research.

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

  • Quest Patent Research has negative assets, we can't compare the value of its assets to the US Professional Services industry average.
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Value checks
We assess Quest Patent Research'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 Professional Services 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 Professional Services industry average (and greater than 0)? (1 check)
  5. Quest Patent Research 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 Quest Patent Research 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 Quest Patent Research 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
32.5%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Quest Patent Research expected to grow at an attractive rate?
  • Unable to compare Quest Patent Research's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Quest Patent Research's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Quest Patent Research's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:QPRC Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 32.5%
United States of America Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*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:QPRC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:QPRC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 2 0 -2
2019-06-30 1 0 -2
2019-03-31 7 0 -2
2018-12-31 7 0 -2
2018-09-30 7 0 -2
2018-06-30 8 0 -1
2018-03-31 2 0 -1
2017-12-31 1 0 -1
2017-09-30 1 0 -1
2017-06-30 1 0 -1
2017-03-31 1 0 -1
2016-12-31 1 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Quest Patent Research is high growth as no earnings estimate data is available.
  • Unable to determine if Quest Patent Research 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
OTCPK:QPRC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Quest Patent Research Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:QPRC Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -0.01
2019-06-30 -0.01
2019-03-31 -0.01
2018-12-31 -0.01
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00

*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 Quest Patent Research will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of QPRC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Quest Patent Research'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 Commercial Services companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Quest Patent Research's filings and announcements 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 Quest Patent Research'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.
Quest Patent Research 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 Quest Patent Research 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 Quest Patent Research's growth in the last year to its industry (Professional Services).
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.
  • Quest Patent Research does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Quest Patent Research's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Quest Patent Research's 1-year growth to the US Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
Quest Patent Research'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 Quest Patent Research Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:QPRC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 2.03 -2.02 1.15
2019-06-30 1.39 -2.32 1.06
2019-03-31 6.59 -2.20 0.98
2018-12-31 7.07 -2.11 0.96
2018-09-30 7.07 -1.73 1.08
2018-06-30 7.64 -1.43 1.07
2018-03-31 2.07 -1.36 1.04
2017-12-31 1.23 -1.17 0.94
2017-09-30 1.30 -0.86 0.77
2017-06-30 1.43 -0.72 0.76
2017-03-31 1.12 -0.85 0.68
2016-12-31 1.26 -0.96 0.77
2016-09-30 1.37 -0.95 0.77
2016-06-30 0.81 -0.99 0.69
2016-03-31 0.54 -0.63 0.66
2015-12-31 0.50 -0.33 0.56
2015-09-30 0.67 -0.11 0.49
2015-06-30 0.85 -0.12 0.59
2015-03-31 0.85 -0.23 0.70
2014-12-31 0.94 -0.16 0.71
2014-09-30 0.61 -0.46 0.86
2014-06-30 0.29 -0.62 0.86
2014-03-31 0.28 -0.65 0.88
2013-12-31 0.07 -0.87 0.90
2013-09-30 0.08 -0.83 0.87
2013-06-30 0.21 -0.71 0.84
2013-03-31 0.17 -0.75 0.82
2012-12-31 0.26 -0.64 0.80

*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 Quest Patent Research has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Quest Patent Research has efficiently used its assets last year compared to the US Professional Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Quest Patent Research 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 Quest Patent Research'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 Professional Services 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.
Quest Patent Research 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 Quest Patent Research'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 Quest Patent Research's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Quest Patent Research's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Quest Patent Research's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Quest Patent Research'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.
  • Low level of unsold assets.
  • Quest Patent Research 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 Quest Patent Research Company Filings, last reported 2 months ago.

OTCPK:QPRC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 -5.72 4.59 0.34
2019-06-30 -5.58 4.54 0.42
2019-03-31 -5.08 4.50 0.12
2018-12-31 -4.54 4.46 0.17
2018-09-30 -3.70 4.02 0.04
2018-06-30 -3.26 3.86 0.02
2018-03-31 -2.88 3.70 0.02
2017-12-31 -2.43 3.67 0.17
2017-09-30 -2.04 2.26 0.14
2017-06-30 -1.91 2.21 0.01
2017-03-31 -1.60 2.19 0.07
2016-12-31 -1.34 2.16 0.21
2016-09-30 -0.99 2.02 0.16
2016-06-30 -0.98 0.84 0.09
2016-03-31 -0.55 0.80 0.24
2015-12-31 -0.18 0.73 0.33
2015-09-30 -0.48 0.16 0.01
2015-06-30 -0.43 0.16 0.01
2015-03-31 -0.36 0.16 0.05
2014-12-31 -0.35 0.16 0.09
2014-09-30 -4.60 0.22 0.05
2014-06-30 -4.54 0.22 0.05
2014-03-31 -4.35 0.22 0.12
2013-12-31 -4.35 0.22 0.01
2013-09-30 -4.12 0.22 0.00
2013-06-30 -3.90 0.22 0.01
2013-03-31 -3.71 0.22 0.00
2012-12-31 -3.50 0.22 0.02
  • Quest Patent Research has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Quest Patent Research'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 Quest Patent Research has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Quest Patent Research has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -51.9% per year.
X
Financial health checks
We assess Quest Patent Research'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. Quest Patent Research has a total score of 2/6, 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 Quest Patent Research'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 Quest Patent Research dividends.
If you bought $2,000 of Quest Patent Research 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 Quest Patent Research's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Quest Patent Research'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:QPRC 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
United States of America Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 1.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1959 Stocks 2.3%
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 3.7%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Quest Patent Research has not reported any payouts.
  • Unable to verify if Quest Patent Research's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Quest Patent Research's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Quest Patent Research 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 Quest Patent Research'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 Quest Patent Research afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Quest Patent Research 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 Quest Patent Research'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
Jon Scahill
COMPENSATION $300,000
AGE 43
TENURE AS CEO 5.9 years
CEO Bio

Mr. Jon C. Scahill has been Chief Executive Officer of Quest Patent Research Corporation since January 2014 and has been its Secretary since April 2014. Mr. Scahill has been President at Quest Patent Research Corporation since January 2014. and serves as its Acting Chief Financial Officer. He served as President of Quest Patent Research Corporation (formerly Quest Products Corp.), since May 2007 until December 2013. Mr. Scahill served as President and Chief Executive Officer of Urban-Rigney Group, LLC. He served as Chief Operating Officer of Quest Products Corp., since May 2007 until December 2013. He has been a Director of Quest Patent Research Corporation since June 26, 2007. He holds an Engineering Degree and a Masters Degree in Business Administration from the University of Rochester.

CEO Compensation
  • Jon's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jon's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Jon Scahill

TITLE
CEO, President
COMPENSATION
$300K
AGE
43
TENURE
5.9 yrs

Tim Scahill

TITLE
CTO & Director
AGE
52
TENURE
12.3 yrs

Peter Lafauci

TITLE
President of CFO Solutions
Board of Directors

William Carroll

TITLE
Chairman
AGE
44

Jon Scahill

TITLE
CEO, President
COMPENSATION
$300K
AGE
43
TENURE
12.5 yrs

Tim Scahill

TITLE
CTO & Director
AGE
52
TENURE
5.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Quest Patent Research'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. Quest Patent Research 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

Quest Patent Research Corporation, together with its subsidiaries, operates as an intellectual property asset management company in the United States. The company operates in two segments, Intellectual Property Licensing and Licensed Packaging Sales. It engages in the development, acquisition, licensing, and enforcement of intellectual property rights. The company owns, controls, or manages 11 intellectual property portfolios, which principally consist of patent rights. Quest Patent Research Corporation was incorporated in 1986 and is based in Rye, New York.

Details
Name: Quest Patent Research Corporation
QPRC
Exchange: OTCPK
Founded: 1986
$4,021,902
383,038,334
Website: http://www.qprc.com
Address: Quest Patent Research Corporation
411 Theodore Fremd Avenue,
Suite 206S,
Rye,
New York, 10580,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK QPRC Common Stock Pink Sheets LLC US USD 02. Aug 1994
Number of employees
Current staff
Staff numbers
1
Quest Patent Research employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/07 23:41
End of day share price update: 2019/12/06 00:00
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


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.