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Research

Qt: Tolerance level of valuation tested

Qt Group
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Qt’s operational performance continues as strong, the outlook is good, and the company progresses in line with its strategy in expanding to new areas. The share’s valuation is still tight, and we see no room to stretch the multiples, but if the strong performance continues as we predict time will adjust the valuation.

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QT Group operates in the IT sector. The group develops various development tools for the global market. The technology is based on QT technology and is used to develop multi-platform interfaces and associated applications. The services are used in, among other things, industrial robots, entertainment systems, and vehicle systems. Operations are conducted on a global level and customers are found in the automotive and aerospace industries.

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Key Estimate Figures23.04.2021

202021e22e
Revenue79.4113.5149.0
growth-%36.1 %42.9 %31.2 %
EBIT (adj.)17.025.949.4
EBIT-% (adj.)21.4 %22.8 %33.1 %
EPS (adj.)0.530.861.55
Dividend0.000.510.55
Dividend %0.0 %1.9 %2.1 %
P/E (adj.)108.830.917.1
EV/EBITDA70.722.112.1

Forum discussions

Maybe not, but Karo summarizes it aptly: ”The OP analyst did exactly what an analyst is supposed to do: reported the news. It happened rather...
9 hours ago
by JuhaR
15
More speculation regarding ‘CFO-gate’. Nothing that hasn’t already been tossed around on this forum over the past two days, though. QT’s results...
9 hours ago
by Opa
6
LG released its results today, and here is one excerpt: The LG Media Entertainment Solution (MS) Company MS posted revenue of KRW 19.43 trillion...
14 hours ago
by anttirs
21
I’ll answer my own question by asking a) what the market will look like in the future. AI etc. Coders won’t really be needed. New competitors...
15 hours ago
by Zuri
0
The mistake was made by Kuutti and the CFO, but some of the commenters seem to be okay with the fact that essential information affecting a ...
15 hours ago
by Pörssiturska
8
3 messages were merged into the thread: Investor Communications and its Regulation
15 hours ago
by Sijoittaja-alokas
0
I am only commenting on our guidelines, according to which if there is any uncertainty or a case falls into a gray area, information is not ...
16 hours ago
by Mikael Rautanen
75
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