Quarterhill (NASDAQ: QTRH) is one of 24 publicly-traded companies in the “Patent owners & lessors” industry, but how does it contrast to its competitors? We will compare Quarterhill to similar businesses based on the strength of its earnings, valuation, dividends, risk, institutional ownership, profitability and analyst recommendations.
Volatility & Risk
Quarterhill has a beta of 0.71, meaning that its stock price is 29% less volatile than the S&P 500. Comparatively, Quarterhill’s competitors have a beta of 1.82, meaning that their average stock price is 82% more volatile than the S&P 500.
Quarterhill pays an annual dividend of $0.04 per share and has a dividend yield of 2.8%. Quarterhill pays out 7.7% of its earnings in the form of a dividend. As a group, “Patent owners & lessors” companies pay a dividend yield of 2.0% and pay out 31.0% of their earnings in the form of a dividend. Quarterhill is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.
This is a breakdown of recent ratings for Quarterhill and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
As a group, “Patent owners & lessors” companies have a potential upside of 19.38%. Given Quarterhill’s competitors higher probable upside, analysts clearly believe Quarterhill has less favorable growth aspects than its competitors.
This table compares Quarterhill and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Institutional and Insider Ownership
12.9% of Quarterhill shares are owned by institutional investors. Comparatively, 35.5% of shares of all “Patent owners & lessors” companies are owned by institutional investors. 19.6% of shares of all “Patent owners & lessors” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Earnings & Valuation
This table compares Quarterhill and its competitors gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Quarterhill||$134.71 million||$10.22 million||2.79|
|Quarterhill Competitors||$172.04 million||$8.49 million||6.45|
Quarterhill’s competitors have higher revenue, but lower earnings than Quarterhill. Quarterhill is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Quarterhill beats its competitors on 8 of the 15 factors compared.
Quarterhill Inc, formerly Wi-LAN Inc, is a Canada-based investment holding company focused on growing its business by acquiring technology companies in the Industrial Internet of Things (IIoT) across multiple verticals. The Company targets companies with a broad range of products and services that capture, analyze and interpret data, and that have financial performance, management teams, intellectual property underpinnings and opportunities to develop long-term recurring and growing revenue streams. The Company operates through its subsidiaries: Road Dynamics Inc, a highway traffic management technology company specializing in supplying products and systems to the global Intelligent Transportation Systems industry, VIZIYA Corp, a software and services provider to multi-national companies and Wi-LAN, with patent licensing business.
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