AIRIQ INC (IQ.CA) Stock Fundamental Analysis
TSX-V:IQ - TSX Venture Exchange - CA0091204036 - Common Stock - Currency: CAD
Taking everything into account, IQ scores 6 out of 10 in our fundamental rating. IQ was compared to 66 industry peers in the Software industry. Both the health and profitability get an excellent rating, making IQ a very profitable company, without any liquidiy or solvency issues. IQ has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year IQ was profitable.
In the past year IQ had a positive cash flow from operations.
IQ had positive earnings in each of the past 5 years.
IQ had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
IQ's Return On Assets of 5.12% is fine compared to the rest of the industry. IQ outperforms 76.12% of its industry peers.
The Return On Equity of IQ (5.84%) is better than 71.64% of its industry peers.
IQ's Return On Invested Capital of 4.71% is fine compared to the rest of the industry. IQ outperforms 71.64% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IQ is in line with the industry average of 11.62%.
The last Return On Invested Capital (4.71%) for IQ is well below the 3 year average (9.94%), which needs to be investigated, but indicates that IQ had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.12% | ||
| ROE | 5.84% | ||
| ROIC | 4.71% |
ROA(3y)21.92%
ROA(5y)18.97%
ROE(3y)27.32%
ROE(5y)25.9%
ROIC(3y)9.94%
ROIC(5y)12.51%
1.3 Margins
The Profit Margin of IQ (8.89%) is better than 80.60% of its industry peers.
IQ's Profit Margin has improved in the last couple of years.
The Operating Margin of IQ (10.05%) is better than 77.61% of its industry peers.
IQ's Operating Margin has improved in the last couple of years.
IQ has a Gross Margin of 62.17%. This is in the better half of the industry: IQ outperforms 65.67% of its industry peers.
In the last couple of years the Gross Margin of IQ has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.05% | ||
| PM (TTM) | 8.89% | ||
| GM | 62.17% |
OM growth 3Y-0.4%
OM growth 5Y19.31%
PM growth 3Y9.18%
PM growth 5Y20.23%
GM growth 3Y-3.3%
GM growth 5Y1.23%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so IQ is destroying value.
IQ has more shares outstanding than it did 1 year ago.
IQ has less shares outstanding than it did 5 years ago.
There is no outstanding debt for IQ. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
IQ has an Altman-Z score of -7.46. This is a bad value and indicates that IQ is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -7.46, IQ is not doing good in the industry: 71.64% of the companies in the same industry are doing better.
There is no outstanding debt for IQ. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | -7.46 |
ROIC/WACC0.4
WACC11.74%
2.3 Liquidity
IQ has a Current Ratio of 3.80. This indicates that IQ is financially healthy and has no problem in meeting its short term obligations.
IQ has a better Current ratio (3.80) than 88.06% of its industry peers.
A Quick Ratio of 3.31 indicates that IQ has no problem at all paying its short term obligations.
IQ has a better Quick ratio (3.31) than 86.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.8 | ||
| Quick Ratio | 3.31 |
3. Growth
3.1 Past
IQ shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -87.62%.
The Earnings Per Share has been growing by 30.88% on average over the past years. This is a very strong growth
Looking at the last year, IQ shows a decrease in Revenue. The Revenue has decreased by -7.23% in the last year.
The Revenue has been growing by 8.41% on average over the past years. This is quite good.
EPS 1Y (TTM)-87.62%
EPS 3Y25.7%
EPS 5Y30.88%
EPS Q2Q%-84.75%
Revenue 1Y (TTM)-7.23%
Revenue growth 3Y14.14%
Revenue growth 5Y8.41%
Sales Q2Q%-5.79%
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.50 indicates a correct valuation of IQ.
Compared to the rest of the industry, the Price/Earnings ratio of IQ indicates a rather cheap valuation: IQ is cheaper than 85.07% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of IQ to the average of the S&P500 Index (29.35), we can say IQ is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.5 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IQ is valued cheaper than 91.04% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as IQ.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 104.71 | ||
| EV/EBITDA | 5.3 |
4.3 Compensation for Growth
The excellent profitability rating of IQ may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.53
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
IQ does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX-V:IQ (3/7/2025, 7:00:00 PM)
0.33
0 (0%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners17.37%
Ins Owner ChangeN/A
Market Cap9.74M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.5 | ||
| Fwd PE | N/A | ||
| P/S | 1.83 | ||
| P/FCF | 104.71 | ||
| P/OCF | 10.47 | ||
| P/B | 1.2 | ||
| P/tB | 1.28 | ||
| EV/EBITDA | 5.3 |
EPS(TTM)0.02
EY6.06%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0
FCFY0.95%
OCF(TTM)0.03
OCFY9.55%
SpS0.18
BVpS0.27
TBVpS0.26
PEG (NY)N/A
PEG (5Y)0.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.12% | ||
| ROE | 5.84% | ||
| ROCE | 6.54% | ||
| ROIC | 4.71% | ||
| ROICexc | 7.52% | ||
| ROICexgc | 8.3% | ||
| OM | 10.05% | ||
| PM (TTM) | 8.89% | ||
| GM | 62.17% | ||
| FCFM | 1.74% |
ROA(3y)21.92%
ROA(5y)18.97%
ROE(3y)27.32%
ROE(5y)25.9%
ROIC(3y)9.94%
ROIC(5y)12.51%
ROICexc(3y)19.07%
ROICexc(5y)49.44%
ROICexgc(3y)19.77%
ROICexgc(5y)49.86%
ROCE(3y)13.8%
ROCE(5y)17.37%
ROICexcg growth 3Y-30.3%
ROICexcg growth 5Y-4.84%
ROICexc growth 3Y-32.47%
ROICexc growth 5Y-6.62%
OM growth 3Y-0.4%
OM growth 5Y19.31%
PM growth 3Y9.18%
PM growth 5Y20.23%
GM growth 3Y-3.3%
GM growth 5Y1.23%
F-Score7
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 115.61% | ||
| Cap/Sales | 15.69% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.81% | ||
| Profit Quality | 19.62% | ||
| Current Ratio | 3.8 | ||
| Quick Ratio | 3.31 | ||
| Altman-Z | -7.46 |
F-Score7
WACC11.74%
ROIC/WACC0.4
Cap/Depr(3y)137.06%
Cap/Depr(5y)129.96%
Cap/Sales(3y)15.73%
Cap/Sales(5y)14.35%
Profit Quality(3y)56.45%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-87.62%
EPS 3Y25.7%
EPS 5Y30.88%
EPS Q2Q%-84.75%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.23%
Revenue growth 3Y14.14%
Revenue growth 5Y8.41%
Sales Q2Q%-5.79%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-46.83%
EBIT growth 3Y13.68%
EBIT growth 5Y29.35%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y615.39%
FCF growth 3YN/A
FCF growth 5Y44.61%
OCF growth 1Y-2.41%
OCF growth 3Y86.8%
OCF growth 5Y28%