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VIQ SOLUTIONS INC (VQS) Stock Fundamental Analysis

NASDAQ:VQS - Nasdaq - CA91825V4001 - Common Stock - Currency: USD

0.142  -0.02 (-14.77%)

After market: 0.1336 -0.01 (-5.92%)

Fundamental Rating

2

Taking everything into account, VQS scores 2 out of 10 in our fundamental rating. VQS was compared to 283 industry peers in the Software industry. Both the profitability and financial health of VQS have multiple concerns. VQS is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

In the past year VQS has reported negative net income.
VQS had a negative operating cash flow in the past year.
In the past 5 years VQS always reported negative net income.
VQS had negative operating cash flow in 4 of the past 5 years.
VQS Yearly Net Income VS EBIT VS OCF VS FCFVQS 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 0 -5M -10M -15M

1.2 Ratios

Looking at the Return On Assets, with a value of -32.00%, VQS is doing worse than 72.24% of the companies in the same industry.
Looking at the Return On Equity, with a value of -89.42%, VQS is doing worse than 70.82% of the companies in the same industry.
Industry RankSector Rank
ROA -32%
ROE -89.42%
ROIC N/A
ROA(3y)-30.53%
ROA(5y)-28.36%
ROE(3y)-67.03%
ROE(5y)-125.92%
ROIC(3y)N/A
ROIC(5y)N/A
VQS Yearly ROA, ROE, ROICVQS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 -50 -100 -150 -200

1.3 Margins

The Gross Margin of VQS (45.62%) is worse than 70.82% of its industry peers.
In the last couple of years the Gross Margin of VQS has grown nicely.
The Profit Margin and Operating Margin are not available for VQS so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 45.62%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.99%
GM growth 5Y3.96%
VQS Yearly Profit, Operating, Gross MarginsVQS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 0 20 -20 40 -40 -60

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1

2. Health

2.1 Basic Checks

VQS does not have a ROIC to compare to the WACC, probably because it is not profitable.
VQS has more shares outstanding than it did 1 year ago.
Compared to 1 year ago, VQS has an improved debt to assets ratio.
VQS Yearly Shares OutstandingVQS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 10M 20M 30M
VQS Yearly Total Debt VS Total AssetsVQS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 10M 20M 30M 40M

2.2 Solvency

Based on the Altman-Z score of -2.85, we must say that VQS is in the distress zone and has some risk of bankruptcy.
VQS's Altman-Z score of -2.85 is on the low side compared to the rest of the industry. VQS is outperformed by 81.14% of its industry peers.
A Debt/Equity ratio of 0.84 indicates that VQS is somewhat dependend on debt financing.
VQS has a Debt to Equity ratio of 0.84. This is in the lower half of the industry: VQS underperforms 71.53% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.84
Debt/FCF N/A
Altman-Z -2.85
ROIC/WACCN/A
WACC10.05%
VQS Yearly LT Debt VS Equity VS FCFVQS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 0 10M -10M 20M

2.3 Liquidity

A Current Ratio of 0.90 indicates that VQS may have some problems paying its short term obligations.
The Current ratio of VQS (0.90) is worse than 79.72% of its industry peers.
A Quick Ratio of 0.89 indicates that VQS may have some problems paying its short term obligations.
With a Quick ratio value of 0.89, VQS is not doing good in the industry: 79.00% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.9
Quick Ratio 0.89
VQS Yearly Current Assets VS Current LiabilitesVQS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 5M 10M 15M 20M

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5

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 31.82% over the past year.
Looking at the last year, VQS shows a quite strong growth in Revenue. The Revenue has grown by 10.56% in the last year.
The Revenue has been growing by 31.34% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)31.82%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%9.09%
Revenue 1Y (TTM)10.56%
Revenue growth 3Y26.53%
Revenue growth 5Y31.34%
Sales Q2Q%-14.84%

3.2 Future

VQS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.76% yearly.
The Revenue is expected to grow by 0.84% on average over the next years.
EPS Next Y-4.61%
EPS Next 2Y17.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.41%
Revenue Next 2Y0.84%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
VQS Yearly Revenue VS EstimatesVQS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
VQS Yearly EPS VS EstimatesVQS Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 -0.2 -0.4 -0.6

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0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for VQS. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for VQS. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
VQS Price Earnings VS Forward Price EarningsVQS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30 40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
VQS Per share dataVQS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 -0.2 0.4 0.6 0.8 1

4.3 Compensation for Growth

VQS's earnings are expected to grow with 17.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y17.76%
EPS Next 3YN/A

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0

5. Dividend

5.1 Amount

VQS does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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VIQ SOLUTIONS INC

NASDAQ:VQS (10/4/2023, 8:00:02 PM)

After market: 0.1336 -0.01 (-5.92%)

0.142

-0.02 (-14.77%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)08-14 2023-08-14/amc
Earnings (Next)11-07 2023-11-07/amc
Inst Owners0.04%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.78M
Analysts80
Price Target0.51 (259.15%)
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)0
Avg EPS beat(2)-16.89%
Min EPS beat(2)-23.76%
Max EPS beat(2)-10.01%
EPS beat(4)1
Avg EPS beat(4)-6.15%
Min EPS beat(4)-23.76%
Max EPS beat(4)27.99%
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)0
Avg Revenue beat(2)-12.59%
Min Revenue beat(2)-12.93%
Max Revenue beat(2)-12.24%
Revenue beat(4)0
Avg Revenue beat(4)-11.09%
Min Revenue beat(4)-12.93%
Max Revenue beat(4)-8.42%
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)-59.63%
PT rev (3m)-60.3%
EPS NQ rev (1m)9.09%
EPS NQ rev (3m)16.67%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.75%
Revenue NQ rev (1m)-4.68%
Revenue NQ rev (3m)-6.86%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.14
P/FCF N/A
P/OCF N/A
P/B 0.49
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-0.3
EYN/A
EPS(NY)-0.17
Fwd EYN/A
FCF(TTM)-0.14
FCFYN/A
OCF(TTM)-0.07
OCFYN/A
SpS1.04
BVpS0.29
TBVpS-0.23
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -32%
ROE -89.42%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 45.62%
FCFM N/A
ROA(3y)-30.53%
ROA(5y)-28.36%
ROE(3y)-67.03%
ROE(5y)-125.92%
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
ROICexcg growth 3YN/A
ROICexcg 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 3Y8.99%
GM growth 5Y3.96%
F-Score3
Asset Turnover1.29
Health
Industry RankSector Rank
Debt/Equity 0.84
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 44.13%
Cap/Sales 6.8%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.9
Quick Ratio 0.89
Altman-Z -2.85
F-Score3
WACC10.05%
ROIC/WACCN/A
Cap/Depr(3y)45.87%
Cap/Depr(5y)97.08%
Cap/Sales(3y)6.77%
Cap/Sales(5y)9.46%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)31.82%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%9.09%
EPS Next Y-4.61%
EPS Next 2Y17.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)10.56%
Revenue growth 3Y26.53%
Revenue growth 5Y31.34%
Sales Q2Q%-14.84%
Revenue Next Year0.41%
Revenue Next 2Y0.84%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y14.79%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year89.42%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-1.97%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y17.29%
OCF growth 3YN/A
OCF growth 5YN/A