QST
TechnologyValuation Breakdown
Technology companies combine high growth potential with the risk of overvaluation. This model blends DCF (60% weight, capturing long-duration growth) with a P/E sanity check (40% weight, capping speculative excess). The DCF uses the slowest growth decay (0.05) recognizing that tech companies can sustain competitive advantages longer. The P/E component applies a dynamic ceiling: max P/E = min(growth% x 1.5, 30), preventing runaway valuations.
Valuation Track Record
Retroactive intrinsic value vs actual close price — QST
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2017
The Beneish M-Score of -2.943 indicates a low likelihood of earnings manipulation, as it is below the threshold of -1.78. However, the earnings quality metrics reveal significant weaknesses, particularly in receivables and revenue recognition, which could pose risks in financial reporting.
- Receivables quality score at 46.2/100 indicates potential issues in revenue collection and recognition.
- Revenue quality score at 38.4/100 suggests aggressive revenue recognition practices that may not align with cash flows.
- Earnings Quality Score of 71.1/100 reflects overall solid earnings performance despite specific weaknesses.
- Cash conversion score of 100.0/100 indicates strong cash flow generation relative to earnings.
The concentrated ownership structure, with the top five shareholders holding over 43% of the company, raises potential governance concerns and may limit minority shareholder influence.
Investors should closely monitor the company's receivables and revenue recognition practices, and consider engaging with management on improving transparency and governance to mitigate risks.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for QST — hover nodes for intel, click to navigate