QTRH : Quarterhill Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Quarterhill Inc trades with the ticker QTRH on the TSX and is in the Communication Equipment industry.

Overview
Quarterhill Inc., together with its subsidiaries, operates in intelligent transportation system and intellectual property licensing industries worldwide. Its Intellectual Property Licensing segment includes patents relating to wireless communications, memory interface technologies, semiconductor manufacturing and packaging technologies, wired connectivity, automotive applications, computer gaming, intelligent personal assistant technologies, enhanced image processing, streaming video technologies, non-volatile Flash memory, DRAM and other memory technologies, and semiconductor analog circuitry technologies. The company’s Intelligent Transportation Systems segment provides riteSuite which offers mobility solutions, such as all-electronic tolling, dynamic pricing, agency interoperability, hosted mobility solutions, and machine learning; back-office solutions, which offers account management, customer service, violation processing, and technical services; roadside solutions, which offers onsite and remote maintenance and field operations services, including tolling facility support, lane equipment control, and cash management services; international road dynamics products and services, which offers red light and speed enforcement systems, automated truck weigh stations; toll road systems and equipment; traffic management and safety systems; VectorSense, a tire sensor suite; Vehicle Information-In-Motion, a traffic intelligence system; integrated traffic control systems; permanent and portable slow speed weigh-in-motion systems; portable wheel load scales; traffic data collection products; vehicle and axle detection equipment; and automated vehicle identification services and equipment, and other hardware and software products and offerings for the intelligent transportation systems industry. The company was formerly known as Wi-LAN Inc. and changed its name to Quarterhill Inc. in June 2017. The company was incorporated in 1992 and is headquartered in Toronto, Canada.
 

Looking to invest in Quarterhill Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

QTRH.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $210.488MM

PE Ratio: 22.875

Price: 1.83 (Updated: 3/12/2024 0:47:16)



Quarterhill Inc (QTRH) vs Competitors in Communication Equipment

Lets see how QTRH.TO stacks up against others in the Communication Equipment asset management industry. We have identified its main peers as:

AgJunction Inc, Evertz Technologies Limited, EXFO Inc, Maxar Technologies Inc, Sierra Wireless, Inc

.

Communication Equipment Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
AgJunction Inc (AJX) $89.382 N/A 0.593 0.0%
Evertz Technologies Limited (ET) $1,087.379 15.544 8.998 5.4%
EXFO Inc (EXF) $448.5 N/A 30.105 0.0%
Maxar Technologies Inc (MAXR) $5,349.655 N/A 14.031 0.1%
Quarterhill Inc (QTRH) $210.488 22.875 3.498 2.7%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Communication Equipment

  • Quarterhill Inc (QTRH) vs AgJunction Inc (AJX)
    • QTRH has higher EPS (0.08 vs -0.067). QTRH has higher dividend yield (2.7% vs 0.0%). AJX has a P/E under 0, indicating QTRH (P/E 22.875) is in a better position.
  • Quarterhill Inc (QTRH) vs Evertz Technologies Limited (ET)
    • ET has higher EPS (0.92 vs 0.08). ET has higher dividend yield (5.4% vs 2.7%). QTRH has a higher P/E ratio (22.875 vs 15.544) indicating it’s more expensive.
  • Quarterhill Inc (QTRH) vs EXFO Inc (EXF)
    • QTRH has higher EPS (0.08 vs -0.14). QTRH has higher dividend yield (2.7% vs 0.0%). EXF has a P/E under 0, indicating QTRH (P/E 22.875) is in a better position.
  • Quarterhill Inc (QTRH) vs Maxar Technologies Inc (MAXR)
    • QTRH has higher EPS (0.08 vs -2.75). QTRH has higher dividend yield (2.7% vs 0.1%). MAXR has a P/E under 0, indicating QTRH (P/E 22.875) is in a better position.
  • Quarterhill Inc (QTRH) vs Sierra Wireless, Inc (SW)
    • QTRH has higher EPS (0.08 vs -2.492). QTRH has higher dividend yield (2.7% vs 0.0%). SW has a P/E under 0, indicating QTRH (P/E 22.875) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (3.50) than the industry average (28.03), indicating attractive valuation.
 

How to Buy QTRH stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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