Q-Free ASA Logo

Q-Free ASA

QFR.OL

(1.0)
Stock Price

11,90 NOK

-0.27% ROA

-0.32% ROE

-408.04x PER

Market Cap.

1.323.803.600,00 NOK

37.85% DER

0% Yield

-0.15% NPM

Q-Free ASA Stock Analysis

Q-Free ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Q-Free ASA Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (38%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 PBV

The stock's PBV ratio (1.28x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

3 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

4 ROE

Negative ROE (-0.32%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-0.27%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

7 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

8 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

9 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-3.399) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Q-Free ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Q-Free ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Buy
4 Stoch RSI Sell

Q-Free ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Q-Free ASA Revenue
Year Revenue Growth
2002 247.595.294
2003 276.826.473 10.56%
2004 291.802.700 5.13%
2005 508.853.870 42.65%
2006 381.259.713 -33.47%
2007 407.025.000 6.33%
2008 502.747.000 19.04%
2009 804.403.000 37.5%
2010 557.894.000 -44.19%
2011 698.033.000 20.08%
2012 592.602.000 -17.79%
2013 604.989.000 2.05%
2014 784.644.000 22.9%
2015 800.286.000 1.95%
2016 873.455.000 8.38%
2017 973.475.000 10.27%
2018 888.647.000 -9.55%
2019 962.317.000 7.66%
2020 889.305.000 -8.21%
2021 860.017.000 -3.41%
2022 948.968.000 9.37%
2023 1.219.744.000 22.2%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Q-Free ASA Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Q-Free ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 87.048.723
2003 88.962.796 2.15%
2004 1.114.000 -7885.89%
2005 1.959.000 43.13%
2006 78.724.468 97.51%
2007 93.617.000 15.91%
2008 0 0%
2009 0 0%
2010 26.872.000 100%
2011 0 0%
2012 98.185.000 100%
2013 112.016.000 12.35%
2014 5.130.000 -2083.55%
2015 6.597.000 22.24%
2016 10.852.000 39.21%
2017 10.061.000 -7.86%
2018 7.266.000 -38.47%
2019 6.294.000 -15.44%
2020 8.817.000 28.62%
2021 10.420.000 15.38%
2022 11.106.000 6.18%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Q-Free ASA EBITDA
Year EBITDA Growth
2002 -15.361.224
2003 5.533.936 377.58%
2004 371.040 -1391.47%
2005 136.789.760 99.73%
2006 86.908.668 -57.39%
2007 51.264.000 -69.53%
2008 101.367.000 49.43%
2009 168.534.000 39.85%
2010 -6.752.000 2596.06%
2011 125.460.000 105.38%
2012 10.909.000 -1050.06%
2013 -29.001.000 137.62%
2014 70.810.000 140.96%
2015 27.063.000 -161.65%
2016 10.598.000 -155.36%
2017 135.291.000 92.17%
2018 56.832.000 -138.05%
2019 148.463.000 61.72%
2020 92.278.000 -60.89%
2021 104.369.000 11.58%
2022 78.022.000 -33.77%
2023 83.208.000 6.23%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Q-Free ASA Gross Profit
Year Gross Profit Growth
2002 160.028.557
2003 165.377.090 3.23%
2004 154.187.290 -7.26%
2005 275.554.170 44.04%
2006 227.155.387 -21.31%
2007 246.044.000 7.68%
2008 282.769.000 12.99%
2009 500.974.000 43.56%
2010 289.661.000 -72.95%
2011 401.542.000 27.86%
2012 365.512.000 -9.86%
2013 380.198.000 3.86%
2014 502.471.000 24.33%
2015 567.934.000 11.53%
2016 576.974.000 1.57%
2017 685.643.000 15.85%
2018 569.196.000 -20.46%
2019 539.389.000 -5.53%
2020 545.145.000 1.06%
2021 550.086.000 0.9%
2022 592.094.000 7.09%
2023 685.492.000 13.62%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Q-Free ASA Net Profit
Year Net Profit Growth
2002 -31.001.643
2003 -16.075.804 -92.85%
2004 -88.483.300 81.83%
2005 93.939.640 194.19%
2006 33.867.900 -177.37%
2007 5.015.000 -575.33%
2008 36.287.000 86.18%
2009 78.150.000 53.57%
2010 -56.849.000 237.47%
2011 36.187.000 257.1%
2012 -34.642.000 204.46%
2013 -112.088.000 69.09%
2014 -28.760.000 -289.74%
2015 -194.698.000 85.23%
2016 -83.632.000 -132.8%
2017 -20.725.000 -303.53%
2018 -8.079.000 -156.53%
2019 -49.981.000 83.84%
2020 -40.995.000 -21.92%
2021 58.629.000 169.92%
2022 2.779.000 -2009.72%
2023 2.344.000 -18.56%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Q-Free ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 -1
2003 0 0%
2004 -2 100%
2005 2 200%
2006 1 0%
2007 0 0%
2008 1 0%
2009 1 100%
2010 -1 0%
2011 1 0%
2012 -1 0%
2013 -2 100%
2014 0 0%
2015 -3 100%
2016 -1 -100%
2017 0 0%
2018 0 0%
2019 -1 0%
2020 0 0%
2021 1 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Q-Free ASA Free Cashflow
Year Free Cashflow Growth
2002 -58.176.555
2003 -19.866.431 -192.84%
2004 -47.605.510 58.27%
2005 122.042.500 139.01%
2006 -13.360.012 1013.49%
2007 -61.302 -21693.76%
2008 588.000 110.43%
2009 44.213.000 98.67%
2010 -192.907.000 122.92%
2011 154.986.000 224.47%
2012 -74.081.000 309.21%
2013 -71.531.000 -3.56%
2014 -5.764.000 -1141%
2015 -82.104.000 92.98%
2016 -104.625.000 21.53%
2017 -79.450.000 -31.69%
2018 114.803.000 169.21%
2019 -10.792.000 1163.78%
2020 42.576.000 125.35%
2021 51.836.000 17.86%
2022 21.373.000 -142.53%
2023 39.043.000 45.26%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Q-Free ASA Operating Cashflow
Year Operating Cashflow Growth
2002 -33.280.729
2003 -8.667.939 -283.95%
2004 -32.616.520 73.42%
2005 143.780.820 122.68%
2006 18.353.528 -683.4%
2007 -12.718 144411.43%
2008 83.096.000 100.02%
2009 111.852.000 25.71%
2010 -123.309.000 190.71%
2011 193.795.000 163.63%
2012 -19.886.000 1074.53%
2013 -32.793.000 39.36%
2014 63.310.000 151.8%
2015 -17.244.000 467.14%
2016 -72.684.000 76.28%
2017 -49.337.000 -47.32%
2018 158.283.000 131.17%
2019 24.662.000 -541.81%
2020 66.587.000 62.96%
2021 87.847.000 24.2%
2022 92.200.000 4.72%
2023 60.057.000 -53.52%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Q-Free ASA Capital Expenditure
Year Capital Expenditure Growth
2002 24.895.826
2003 11.198.492 -122.31%
2004 14.988.990 25.29%
2005 21.738.320 31.05%
2006 31.713.540 31.45%
2007 48.584 -65175.69%
2008 82.508.000 99.94%
2009 67.639.000 -21.98%
2010 69.598.000 2.81%
2011 38.809.000 -79.33%
2012 54.195.000 28.39%
2013 38.738.000 -39.9%
2014 69.074.000 43.92%
2015 64.860.000 -6.5%
2016 31.941.000 -103.06%
2017 30.113.000 -6.07%
2018 43.480.000 30.74%
2019 35.454.000 -22.64%
2020 24.011.000 -47.66%
2021 36.011.000 33.32%
2022 70.827.000 49.16%
2023 21.014.000 -237.05%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Q-Free ASA Equity
Year Equity Growth
2002 270.682.320
2003 251.191.839 -7.76%
2004 186.753.210 -34.5%
2005 230.012.230 18.81%
2006 282.830.716 18.67%
2007 284.244.000 0.5%
2008 309.641.000 8.2%
2009 527.750.000 41.33%
2010 478.311.000 -10.34%
2011 615.093.000 22.24%
2012 606.593.000 -1.4%
2013 483.737.000 -25.4%
2014 485.389.000 0.34%
2015 416.499.000 -16.54%
2016 426.900.000 2.44%
2017 414.231.000 -3.06%
2018 402.397.000 -2.94%
2019 357.502.000 -12.56%
2020 313.115.000 -14.18%
2021 447.754.000 30.07%
2022 493.031.000 9.18%
2023 544.596.000 9.47%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Q-Free ASA Assets
Year Assets Growth
2002 365.065.505
2003 338.724.467 -7.78%
2004 358.850.840 5.61%
2005 429.557.680 16.46%
2006 426.135.264 -0.8%
2007 393.055.000 -8.42%
2008 514.425.000 23.59%
2009 767.534.000 32.98%
2010 687.714.000 -11.61%
2011 928.670.000 25.95%
2012 941.700.000 1.38%
2013 894.344.000 -5.3%
2014 939.794.000 4.84%
2015 997.315.000 5.77%
2016 990.419.000 -0.7%
2017 1.070.372.000 7.47%
2018 940.146.000 -13.85%
2019 883.168.000 -6.45%
2020 849.946.000 -3.91%
2021 947.765.000 10.32%
2022 1.083.340.000 12.51%
2023 1.101.718.000 1.67%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Q-Free ASA Liabilities
Year Liabilities Growth
2002 86.114.158
2003 78.295.125 -9.99%
2004 161.577.070 51.54%
2005 188.558.090 14.31%
2006 117.955.868 -59.85%
2007 76.107.000 -54.99%
2008 162.762.000 53.24%
2009 218.933.000 25.66%
2010 188.297.000 -16.27%
2011 291.924.000 35.5%
2012 310.791.000 6.07%
2013 389.818.000 20.27%
2014 454.405.000 14.21%
2015 580.816.000 21.76%
2016 563.519.000 -3.07%
2017 656.141.000 14.12%
2018 537.749.000 -22.02%
2019 525.666.000 -2.3%
2020 536.831.000 2.08%
2021 500.011.000 -7.36%
2022 590.309.000 15.3%
2023 557.122.000 -5.96%

Q-Free ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
19.52
Net Income per Share
-0.03
Price to Earning Ratio
-408.04x
Price To Sales Ratio
1.16x
POCF Ratio
4.2
PFCF Ratio
15.81
Price to Book Ratio
1.28
EV to Sales
1.28
EV Over EBITDA
16.45
EV to Operating CashFlow
8.84
EV to FreeCashFlow
17.53
Earnings Yield
-0
FreeCashFlow Yield
0.06
Market Cap
1,32 Bil.
Enterprise Value
1,47 Bil.
Graham Number
2.47
Graham NetNet
-4.21

Income Statement Metrics

Net Income per Share
-0.03
Income Quality
12.83
ROE
-0
Return On Assets
-0
Return On Capital Employed
0.04
Net Income per EBT
-0.13
EBT Per Ebit
0.41
Ebit per Revenue
0.03
Effective Tax Rate
1.13

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
-0
Gross Profit Margin
0.57
Operating Profit Margin
0.03
Pretax Profit Margin
0.01
Net Profit Margin
-0

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
2.84
Free CashFlow per Share
1.43
Capex to Operating CashFlow
-0.5
Capex to Revenue
-0.07
Capex to Depreciation
-1.42
Return on Invested Capital
-0.01
Return on Tangible Assets
-0
Days Sales Outstanding
83.19
Days Payables Outstanding
73.85
Days of Inventory on Hand
78.81
Receivables Turnover
4.39
Payables Turnover
4.94
Inventory Turnover
4.63
Capex per Share
-1.41

Balance Sheet

Cash per Share
1,05
Book Value per Share
9,29
Tangible Book Value per Share
1.4
Shareholders Equity per Share
9.29
Interest Debt per Share
3.82
Debt to Equity
0.38
Debt to Assets
0.19
Net Debt to EBITDA
1.62
Current Ratio
1.32
Tangible Asset Value
0,08 Bil.
Net Current Asset Value
-0,09 Bil.
Invested Capital
0.38
Working Capital
0,11 Bil.
Intangibles to Total Assets
0.42
Average Receivables
0,28 Bil.
Average Payables
0,09 Bil.
Average Inventory
107713000
Debt to Market Cap
0.16

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Q-Free ASA Dividends
Year Dividends Growth

Q-Free ASA Profile

About Q-Free ASA

Q-Free ASA supplies intelligent transportation system products and solutions worldwide. It offers tolling products, such as dedicated short-range communication on-board units, roadside transceivers/antennas, handheld transceivers/digital tachographs, and automated license plate recognition (ALPR) cameras/imaging systems. The company also provides Intrada ALPR, an automatic license plate recognition and vehicle analytics solution; Intrada Insight, an image processing and review solution; and Intrada Synergy Server, an image processing solution for video-based passages, such as tolling and parking/access control. In addition, it offers traffic management products, including Urban hardware, such as ATC controllers and cabinets; urban software comprising central and local traffic control software systems, as well as ramp meter, analytics, adaptive, and connected vehicle software enhancements; interurban software, such as Statewide ATMS, a statewide freeway traffic management software system, as well as software enhancements for work zone and event management; and infomobility hardware products, including high- and low-speed weigh-in-motion systems, as well as traffic counting and classification products for vehicles, bicycles, and pedestrians. The company also provides maintenance services. Q-Free ASA was founded in 1984 and is headquartered in Trondheim, Norway.

CEO
Mr. Trond Christensen
Employee
369
Address
Strindfjordvegen 1
Trondheim, 7053

Q-Free ASA Executives & BODs

Q-Free ASA Executives & BODs
# Name Age
1 Mr. Steinar Furan
Advisor to Chief Executive Officer
70
2 Ms. Hege Margrethe Sand
Executive Vice President of Sustainability, People & Brand
70
3 Daniel Skiffington
Senior Executive Vice President of Traffic Management
70
4 Ms. Thale Kuvas Solberg
Pres & Chief Executive Officer
70
5 Mr. Fredrik Nordh
Executive Vice President of Tolling
70

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