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QUESTERRE ENERGY CORP - A (QEC.OL) Stock Fundamental Analysis

Europe - Euronext Oslo - OSL:QEC - CA74836K1003 - Common Stock

2.225 NOK
+0 (+0.23%)
Last: 12/9/2025, 2:09:18 PM
Fundamental Rating

2

QEC gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 69 industry peers in the Oil, Gas & Consumable Fuels industry. While QEC seems to be doing ok healthwise, there are quite some concerns on its profitability. QEC is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

QEC had negative earnings in the past year.
QEC had a positive operating cash flow in the past year.
QEC had negative earnings in 4 of the past 5 years.
In the past 5 years QEC always reported a positive cash flow from operatings.
QEC.OL Yearly Net Income VS EBIT VS OCF VS FCFQEC.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M -100M

1.2 Ratios

The Return On Assets of QEC (-5.35%) is worse than 82.61% of its industry peers.
Looking at the Return On Equity, with a value of -6.59%, QEC is doing worse than 82.61% of the companies in the same industry.
Industry RankSector Rank
ROA -5.35%
ROE -6.59%
ROIC N/A
ROA(3y)-3.69%
ROA(5y)-14.67%
ROE(3y)-4.48%
ROE(5y)-18.73%
ROIC(3y)N/A
ROIC(5y)N/A
QEC.OL Yearly ROA, ROE, ROICQEC.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40 -60

1.3 Margins

The Gross Margin of QEC (55.84%) is better than 66.67% of its industry peers.
In the last couple of years the Gross Margin of QEC has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for QEC so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 55.84%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.36%
GM growth 5Y-0.92%
QEC.OL Yearly Profit, Operating, Gross MarginsQEC.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200 -200 -400

5

2. Health

2.1 Basic Checks

QEC does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for QEC remains at a similar level compared to 1 year ago.
Compared to 5 years ago, QEC has more shares outstanding
The debt/assets ratio for QEC has been reduced compared to a year ago.
QEC.OL Yearly Shares OutstandingQEC.OL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
QEC.OL Yearly Total Debt VS Total AssetsQEC.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

Based on the Altman-Z score of 0.06, we must say that QEC is in the distress zone and has some risk of bankruptcy.
QEC has a worse Altman-Z score (0.06) than 82.61% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that QEC is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.00, QEC belongs to the best of the industry, outperforming 94.20% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 0.06
ROIC/WACCN/A
WACC7.77%
QEC.OL Yearly LT Debt VS Equity VS FCFQEC.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M 250M

2.3 Liquidity

QEC has a Current Ratio of 2.08. This indicates that QEC is financially healthy and has no problem in meeting its short term obligations.
QEC's Current ratio of 2.08 is fine compared to the rest of the industry. QEC outperforms 79.71% of its industry peers.
QEC has a Quick Ratio of 2.08. This indicates that QEC is financially healthy and has no problem in meeting its short term obligations.
QEC has a better Quick ratio (2.08) than 84.06% of its industry peers.
Industry RankSector Rank
Current Ratio 2.08
Quick Ratio 2.08
QEC.OL Yearly Current Assets VS Current LiabilitesQEC.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

2

3. Growth

3.1 Past

QEC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 44.23%, which is quite impressive.
Looking at the last year, QEC shows a quite strong growth in Revenue. The Revenue has grown by 19.15% in the last year.
QEC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.80% yearly.
EPS 1Y (TTM)44.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)19.15%
Revenue growth 3Y6.17%
Revenue growth 5Y1.8%
Sales Q2Q%26.77%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
QEC.OL Yearly Revenue VS EstimatesQEC.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
QEC.OL Yearly EPS VS EstimatesQEC.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -0.05 -0.1

0

4. Valuation

4.1 Price/Earnings Ratio

QEC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
QEC.OL Price Earnings VS Forward Price EarningsQEC.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, QEC is valued a bit more expensive than 60.87% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 9.68
QEC.OL Per share dataQEC.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1 1.5 2

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

No dividends for QEC!.
Industry RankSector Rank
Dividend Yield N/A

QUESTERRE ENERGY CORP - A

OSL:QEC (12/9/2025, 2:09:18 PM)

2.225

+0 (+0.23%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-13 2025-11-13
Earnings (Next)03-24 2026-03-24
Inst Owners0.37%
Inst Owner ChangeN/A
Ins Owners4.63%
Ins Owner ChangeN/A
Market Cap953.46M
Revenue(TTM)39.76M
Net Income(TTM)-9.09M
Analysts40
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 3.47
P/FCF N/A
P/OCF 7.28
P/B 0.94
P/tB 0.94
EV/EBITDA 9.68
EPS(TTM)-0.24
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)0.31
OCFY13.74%
SpS0.64
BVpS2.36
TBVpS2.36
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -5.35%
ROE -6.59%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 55.84%
FCFM N/A
ROA(3y)-3.69%
ROA(5y)-14.67%
ROE(3y)-4.48%
ROE(5y)-18.73%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.36%
GM growth 5Y-0.92%
F-Score6
Asset Turnover0.22
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA 0.01
Cap/Depr 201.65%
Cap/Sales 80.91%
Interest Coverage N/A
Cash Conversion 133.18%
Profit Quality N/A
Current Ratio 2.08
Quick Ratio 2.08
Altman-Z 0.06
F-Score6
WACC7.77%
ROIC/WACCN/A
Cap/Depr(3y)123%
Cap/Depr(5y)101.04%
Cap/Sales(3y)38.07%
Cap/Sales(5y)31.56%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)44.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)19.15%
Revenue growth 3Y6.17%
Revenue growth 5Y1.8%
Sales Q2Q%26.77%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-109.58%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-195.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-20.62%
OCF growth 3Y-0.18%
OCF growth 5Y4.3%

QUESTERRE ENERGY CORP - A / QEC.OL FAQ

What is the fundamental rating for QEC stock?

ChartMill assigns a fundamental rating of 2 / 10 to QEC.OL.


What is the valuation status of QUESTERRE ENERGY CORP - A (QEC.OL) stock?

ChartMill assigns a valuation rating of 0 / 10 to QUESTERRE ENERGY CORP - A (QEC.OL). This can be considered as Overvalued.


What is the profitability of QEC stock?

QUESTERRE ENERGY CORP - A (QEC.OL) has a profitability rating of 2 / 10.