Why is Qlucore AB ?
1
The company has declared negative results for the last 3 consecutive quarters
- NET SALES(9M) At SEK 8.53 MM has Grown at -22.02%
- NET PROFIT(9M) At SEK -13.01 MM has Grown at -21.77%
- INTEREST(HY) At SEK 0.29 MM has Grown at 63.43%
2
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -83.96%, its profits have fallen by -7.8%
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -83.96% returns in the last 1 year, the stock has also underperformed OMX Stockholm 30 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Qlucore AB for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Qlucore AB
-83.96%
-0.36
267.42%
OMX Stockholm 30
8.01%
0.44
18.11%
Quality key factors
Factor
Value
Sales Growth (5y)
-6.86%
EBIT Growth (5y)
-215.34%
EBIT to Interest (avg)
-18.16
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.06
Sales to Capital Employed (avg)
0.16
Tax Ratio
0.12%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.04
EV to EBIT
0.07
EV to EBITDA
0.09
EV to Capital Employed
-0.05
EV to Sales
-0.24
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
-37.85%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
9What is working for the Company
NET SALES(Q)
Highest at SEK 3.46 MM
PRE-TAX PROFIT(Q)
Highest at SEK -1.94 MM
NET PROFIT(Q)
Highest at SEK -1.94 MM
EPS(Q)
Highest at SEK -0.24
-13What is not working for the Company
NET SALES(9M)
At SEK 8.53 MM has Grown at -22.02%
NET PROFIT(9M)
At SEK -13.01 MM has Grown at -21.77%
INTEREST(HY)
At SEK 0.29 MM has Grown at 63.43%
ROCE(HY)
Lowest at -29.85%
DEBT-EQUITY RATIO
(HY)
Highest at -5.57 %
DEBTORS TURNOVER RATIO(HY)
Lowest at 1.7%
Here's what is working for Qlucore AB
Net Sales
Highest at SEK 3.46 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (SEK MM)
Pre-Tax Profit
Highest at SEK -1.94 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (SEK MM)
Pre-Tax Profit
At SEK -1.94 MM has Grown at 58.49%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (SEK MM)
Net Profit
Highest at SEK -1.94 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (SEK MM)
Net Profit
At SEK -1.94 MM has Grown at 58.48%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (SEK MM)
EPS
Highest at SEK -0.24
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (SEK)
Here's what is not working for Qlucore AB
Interest
At SEK 0.29 MM has Grown at 63.43%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (SEK MM)
Debt-Equity Ratio
Highest at -5.57 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Debtors Turnover Ratio
Lowest at 1.7%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






