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Qualstar (QBAK)
OTHER OTC:QBAK
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Qualstar
(OTC:QBAK)
65Neutral
Qualstar (QBAK) vs. S&P 500 (SPY)
Market Cap
$11.30M
Dividend YieldN/A
Average Volume (3M)135.00
Price to Earnings (P/E)―
Beta (1Y)-0.28
Revenue Growth-6.21%
EPS Growth-229.56%
CountryUS
Employees15
SectorIndustrials
Sector Strength68
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)-0.33
Shares Outstanding1,884,033
10 Day Avg. Volume230
30 Day Avg. Volume135
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.69
Price to Cash Flow (P/CF)5.00
P/FCF Ratio5.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Qualstar Business Overview & Revenue Model
Company DescriptionQualstar Corporation (QBAK) is a technology company that operates primarily in the data storage and power supply sectors. The company is known for its design and manufacturing of high-quality data storage solutions, including tape libraries and related products, as well as providing power supply solutions for a diverse range of industries. Qualstar's products are utilized in various applications, ensuring data protection and reliable power management for its clients.
How the Company Makes MoneyQualstar generates revenue through the sale of its data storage and power supply products. The company's key revenue streams include the sale of its tape libraries and data storage solutions to businesses requiring secure and efficient data management systems. Additionally, the company earns income from its power supply segment by providing robust power supply products to various industrial applications. These revenue streams are supported by Qualstar's focus on innovation and quality, ensuring that its offerings meet the demanding needs of its client base. The company also benefits from established partnerships and a strong distribution network that helps in reaching a wide range of customers globally.
Qualstar Financial Statement Overview
Summary
Qualstar is showing positive financial momentum with notable improvements in revenue growth, profitability, and cash flow generation. The company maintains a strong balance sheet with low leverage, which positions it well for future growth. However, attention is needed on enhancing operational efficiencies and ensuring sustainable investment strategies to support long-term success.Income Statement
Qualstar has shown strong revenue growth with a 7.8% increase from 2022 to 2023, recovering from a previous decline. The net profit margin improved significantly to 1.8% in 2023 from 0.6% in 2022, signaling better cost management and profitability. Gross profit margin also improved, rising to 30.9% in 2023 from 27.0% in 2022. However, EBIT and EBITDA margins remain relatively low, indicating room for operational efficiency improvements.75
Positive
Balance Sheet
The company exhibits a solid balance sheet with a low debt-to-equity ratio of 0.02, indicating minimal leverage and financial risk. The equity ratio is strong at 62.3%, reflecting a stable capital structure. Return on equity increased to 3.8% in 2023 from 1.0% in 2022, showing improved profitability for shareholders. However, the company could benefit from further strengthening its asset base.80
Positive
Cash Flow
Qualstar's free cash flow turned positive in 2023, improving significantly from a negative position in 2022. The operating cash flow to net income ratio improved, indicating better cash generation relative to net income. However, the free cash flow to net income ratio is still not optimal, and the company experienced negative investing cash flow, highlighting potential challenges in sustaining long-term investments.70
Positive
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 11.20M | 10.62M | 9.85M | 9.16M | 8.10M | 13.44M | Gross Profit |
| 3.12M | 3.28M | 2.66M | 2.72M | 1.81M | 3.52M | EBIT |
| -19.00K | 140.00K | 92.00K | -90.00K | -1.26M | -70.00K | EBITDA |
| 18.00K | 177.00K | 135.00K | 466.00K | -964.00K | -70.00K | Net Income Common Stockholders |
| 54.00K | 191.00K | 55.00K | 430.00K | -1.26M | -7.00K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 14.24M | 2.42M | 2.80M | 4.20M | 4.26M | 3.86M | Total Assets |
| 33.20M | 8.05M | 8.10M | 8.69M | 8.42M | 10.04M | Total Debt |
| 0.00 | 95.00K | 260.00K | 321.00K | 710.00K | 705.00K | Net Debt |
| -1.23M | -2.18M | -2.51M | -3.87M | -3.55M | -3.16M | Total Liabilities |
| 2.80M | 3.04M | 2.75M | 2.83M | 2.81M | 3.29M | Stockholders Equity |
| 30.40M | 5.01M | 5.34M | 5.86M | 5.62M | 6.74M |
| Cash Flow | Free Cash Flow | ||||
| 371.00K | 131.00K | -832.00K | -124.00K | 36.00K | -201.00K | Operating Cash Flow |
| 378.00K | 138.00K | -831.00K | -68.00K | 60.00K | -116.00K | Investing Cash Flow |
| 44.00K | -108.00K | -26.00K | -56.00K | -24.00K | -85.00K | Financing Cash Flow |
| -396.00K | -522.00K | -571.00K | 62.00K | 258.00K | -717.00K |
Qualstar Technical Analysis
Positive
6.00
Price Trends
6.06
Negative
4.95
Positive
4.90
Positive
Market Momentum
>-0.01
Positive
49.04
Neutral
48.95
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For QBAK, the sentiment is Positive. The current price of 6 is below the 20-day moving average (MA) of 6.12, below the 50-day MA of 6.06, and above the 200-day MA of 4.90, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.04 is Neutral, neither overbought nor oversold. The STOCH value of 48.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QBAK.
Qualstar Risk Analysis
Qualstar disclosed 20 risk factors in its most recent earnings report. Qualstar reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Qualstar Peers Comparison
Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $3.76B | 16.91 | 10.55% | ― | -8.92% | -12.11% | |
73 Outperform | $3.14B | 26.02 | 9.27% | ― | -3.53% | -3.90% | |
65 Neutral | $11.30M | ― | -9.82% | ― | -6.21% | -229.56% | |
64 Neutral | $103.55M | 10.89 | 6.42% | 2.19% | 9.23% | -16.27% | |
62 Neutral | $8.08B | 13.63 | 3.82% | 3.13% | 3.58% | -14.35% | |
61 Neutral | $1.91B | 34.68 | 3.66% | ― | 9.41% | ― | |
61 Neutral | $2.65B | ― | -6.10% | ― | -1.21% | -4.63% |
* Industrials Sector Average
Performance Comparison
QBAK
Qualstar
6.00
-1.49
-19.89%
MRCY
Mercury Systems
43.62
15.18
53.38%
PLXS
Plexus
112.24
16.25
16.93%
SANM
Sanmina-Sci
67.30
7.30
12.17%
TTMI
TTM Technologies
17.78
3.18
21.78%
TWIN
Twin Disc
6.78
-10.58
-60.94%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.