Logo image of VQS.CA

VIQ SOLUTIONS INC (VQS.CA) Stock Fundamental Analysis

TSX:VQS - Toronto Stock Exchange - CA91825V4001 - Common Stock - Currency: CAD

0.23  -0.04 (-13.21%)

Fundamental Rating

1

Overall VQS gets a fundamental rating of 1 out of 10. We evaluated VQS against 66 industry peers in the Software industry. VQS has a bad profitability rating. Also its financial health evaluation is rather negative. VQS is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

Quickly go to:

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.
VQS had negative earnings in each of the past 5 years.
In the past 5 years VQS reported 4 times negative operating cash flow.
VQS.CA Yearly Net Income VS EBIT VS OCF VS FCFVQS.CA 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 0 -5M -10M -15M

1.2 Ratios

VQS has a Return On Assets of -23.18%. This is in the lower half of the industry: VQS underperforms 64.62% of its industry peers.
VQS's Return On Equity of -166.82% is on the low side compared to the rest of the industry. VQS is outperformed by 66.15% of its industry peers.
Industry RankSector Rank
ROA -23.18%
ROE -166.82%
ROIC N/A
ROA(3y)-37.93%
ROA(5y)-32.33%
ROE(3y)-125.62%
ROE(5y)-127.55%
ROIC(3y)N/A
ROIC(5y)N/A
VQS.CA Yearly ROA, ROE, ROICVQS.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 -50 -100 -150 -200

1.3 Margins

VQS has a Gross Margin of 45.44%. This is comparable to the rest of the industry: VQS outperforms 52.31% of its industry peers.
VQS's Gross Margin has improved in the last couple of years.
VQS does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 45.44%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.61%
GM growth 5Y14.87%
VQS.CA Yearly Profit, Operating, Gross MarginsVQS.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40 -40 -60

More info and screens

1

2. Health

2.1 Basic Checks

VQS does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for VQS has been increased compared to 1 year ago.
Compared to 5 years ago, VQS has more shares outstanding
The debt/assets ratio for VQS is higher compared to a year ago.
VQS.CA Yearly Shares OutstandingVQS.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M
VQS.CA Yearly Total Debt VS Total AssetsVQS.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M

2.2 Solvency

Based on the Altman-Z score of -3.55, we must say that VQS is in the distress zone and has some risk of bankruptcy.
VQS has a Altman-Z score of -3.55. This is in the lower half of the industry: VQS underperforms 67.69% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that VQS is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.00, VQS belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z -3.55
ROIC/WACCN/A
WACC11.34%
VQS.CA Yearly LT Debt VS Equity VS FCFVQS.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10M -10M 20M

2.3 Liquidity

VQS has a Current Ratio of 0.34. This is a bad value and indicates that VQS is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of VQS (0.34) is worse than 78.46% of its industry peers.
A Quick Ratio of 0.33 indicates that VQS may have some problems paying its short term obligations.
With a Quick ratio value of 0.33, VQS is not doing good in the industry: 76.92% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.34
Quick Ratio 0.33
VQS.CA Yearly Current Assets VS Current LiabilitesVQS.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M 20M

More info and screens

3

3. Growth

3.1 Past

VQS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 64.86%, which is quite impressive.
VQS shows a small growth in Revenue. In the last year, the Revenue has grown by 5.17%.
The Revenue has been growing by 32.36% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)64.86%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%81.82%
Revenue 1Y (TTM)5.17%
Revenue growth 3Y8.92%
Revenue growth 5Y32.36%
Sales Q2Q%10.07%

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 Y37.22%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.25%
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.
VQS.CA Yearly Revenue VS EstimatesVQS.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
VQS.CA Yearly EPS VS EstimatesVQS.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -0.2 -0.4 -0.6

More info and screens

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for VQS. In the last year negative earnings were reported.
Also next year VQS is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
VQS.CA Price Earnings VS Forward Price EarningsVQS.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60 80

4.2 Price Multiples

VQS's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 194.09
VQS.CA Per share dataVQS.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 -0.5 1

4.3 Compensation for Growth

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

More info and screens

0

5. Dividend

5.1 Amount

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

More info and screens

VIQ SOLUTIONS INC

TSX:VQS (2/21/2025, 7:00:00 PM)

0.23

-0.04 (-13.21%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-12 2024-11-12/amc
Earnings (Next)03-25 2025-03-25/amc
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners29.45%
Ins Owner ChangeN/A
Market Cap9.39M
Analysts80
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.15
P/FCF N/A
P/OCF N/A
P/B 1.72
P/tB N/A
EV/EBITDA 194.09
EPS(TTM)-0.18
EYN/A
EPS(NY)-0.33
Fwd EYN/A
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)-0.01
OCFYN/A
SpS1.49
BVpS0.13
TBVpS-0.52
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -23.18%
ROE -166.82%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 45.44%
FCFM N/A
ROA(3y)-37.93%
ROA(5y)-32.33%
ROE(3y)-125.62%
ROE(5y)-127.55%
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 3Y-4.61%
GM growth 5Y14.87%
F-Score5
Asset Turnover1.55
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA 0.1
Cap/Depr 35.75%
Cap/Sales 3.57%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.34
Quick Ratio 0.33
Altman-Z -3.55
F-Score5
WACC11.34%
ROIC/WACCN/A
Cap/Depr(3y)46.46%
Cap/Depr(5y)45.08%
Cap/Sales(3y)6.43%
Cap/Sales(5y)6.6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)64.86%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%81.82%
EPS Next Y37.22%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.17%
Revenue growth 3Y8.92%
Revenue growth 5Y32.36%
Sales Q2Q%10.07%
Revenue Next Year5.25%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y66.89%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year197.19%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y76.19%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y92.9%
OCF growth 3YN/A
OCF growth 5YN/A