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No institutional (13F) filings cover this company, so the Overview and 13F tabs are thin. Everything drawn from its SEC filings is here.
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Ranked against 14 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-09-30.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AEHR | $2.0B | — | — | 40.0× | -15.2% | 35.3% | -14.3% | -3.2% | -3.2% | — | 52 |
| ALNT | $1.6B | 69.5× | 24.5× | 2.8× | 4.6% | 32.8% | 4.0% | 7.3% | 4.6% | 2.0× | 37 |
| TRNS | $842M | 157.9× | 23.8× | 2.5× | 19.2% | 32.6% | 1.6% | 1.8% | 1.3% | 2.4× | 21 |
| CTKB | $819M | — | — | 4.1× | 0.5% | 51.8% | -33.0% | -19.5% | -19.5% | — | 20 |
| FEIM | $809M | — | — | 12.8× | -9.4% | 29.1% | -1.4% | -1.6% | -1.6% | — | 22 |
| MLAB | $744M | 109.9× | 33.0× | 3.0× | 3.4% | 63.5% | 2.7% | 3.6% | 2.6% | 1.7× | 25 |
| MASS | $531M | 23.8× | — | 9.4× | 17.7% | 50.6% | 34.7% | 13.6% | 13.6% | — | 19 |
| SENS | $516M | — | — | 14.6× | 56.9% | 44.7% | -196% | -113% | -71.5% | — | 15 |
| OPTX | $294M | — | 141.4× | 10.5× | -1.3% | 23.3% | -6.4% | -18.8% | -14.7% | 1.1× | 9 |
| LAB | $245M | — | — | 2.9× | -6.2% | 49.9% | -87.8% | -17.7% | -17.7% | — | 7 |
| INTT | $203M | — | 63.8× | 1.8× | -12.9% | 43.0% | -2.2% | -2.4% | -2.3% | -2.2× | 15 |
| QTRX | $149M | — | — | 1.1× | 1.1% | 46.8% | -77.1% | -36.2% | -36.2% | — | 18 |
| HURC | $144M | — | — | 0.8× | -4.3% | 18.5% | -8.5% | -7.6% | -7.6% | — | 4 |
| OWLT | $122M | — | — | 1.1× | 37.1% | 50.9% | -36.6% | -204% | -121% | — | 4 |
| QURT | $5M | — | — | 20.1× | 129% | 41.5% | -105% | -207% | -207% | — | — |
Peers = companies sharing QURT's sector (Industrial Instruments For Measurement, Display, and Control) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
A reverse discounted cash flow is not shown for a company with no positive EBITDA.
No positive EBITDA in the recent record, so there is no return on capital to compare against its cost.
Classified from the filings: EBITDA negative in each of the last 2 years.
How much the company owes, how it's trended, and how comfortably it's serviced.
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest expense isn't separately reported — often netted into “other income (expense), net.”
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
EOD close · as of 2026-10-29
How a revenue dollar becomes profit — FY2025
Dividends and buybacks are cash paid out, shown here against the same year's profit for scale — not funded from it.
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $245K 100.0% | $107K 100.0% | $508K 100.0% | $1.1M 100.0% | $1.2M 100.0% | $858K 100.0% | $875K 100.0% | $908K 100.0% | $1.2M 100.0% | $827K 100.0% |
| Cost of Revenue | — | — | — | — | — | $645K 75.2% | $647K 73.9% | $675K 74.3% | $892K 73.7% | $706K 85.3% |
| Cost of Products | — | — | — | — | — | — | — | — | $892K 73.7% | $706K 85.3% |
| Gross Profit | $102K 41.5% | $40K 37.2% | $183K 36.1% | $397K 36.0% | $483K 38.8% | $213K 24.8% | $228K 26.1% | $234K 25.7% | $318K 26.3% | $121K 14.7% |
| Research & Development | — | — | — | — | — | — | $72K 8.2% | $95K 10.5% | $59K 4.9% | $4K 0.5% |
| Selling, General & Admin | $303K 123.7% | $142K 132.5% | $32K 6.2% | $48K 4.3% | $39K 3.1% | $14K 1.7% | $125K 14.3% | $57K 6.3% | $16K 1.3% | $7K 0.8% |
| Total Operating Expenses | $393K 160.5% | $247K 230.9% | $196K 38.6% | $259K 23.6% | $362K 29.1% | $188K 21.9% | $370K 42.3% | $332K 36.5% | $231K 19.1% | $157K 19.0% |
| Operating Income | -$291K -119.0% | -$207K -193.7% | -$13K -2.5% | $137K 12.5% | $121K 9.7% | — | — | — | — | — |
| Pretax Income | -$254K -103.7% | -$182K -170.2% | $56K 11.1% | $18K 1.7% | $13K 1.0% | $25K 2.9% | -$142K -16.2% | -$98K -10.8% | $87K 7.2% | -$36K -4.3% |
| Income Tax Expense | $3K 1.2% | $35K 32.7% | $12K 2.3% | $4K 0.4% | $5K 0.4% | -$51K -5.9% | — | — | — | — |
| Net Income | -$257K -104.9% | -$217K -203.0% | $44K 8.8% | $15K 1.3% | $7K 0.6% | $75K 8.8% | -$142K -16.2% | -$98K -10.8% | $87K 7.2% | -$36K -4.3% |
| Per Share | ||||||||||
| EPS (Basic) | -$0.02 | -$0.01 | — | — | — | — | — | — | — | — |
| EPS (Diluted) | -$0.02 | -$0.01 | — | — | — | — | — | — | — | — |
| Weighted Avg Shares (Basic) | 15.9M | 15.7M | 15.7M | 15.7M | 15.7M | — | — | — | — | — |
| Weighted Avg Shares (Diluted) | 15.9M | 15.7M | 15.7M | 15.7M | — | — | — | — | — | — |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
EOD close · as of 2026-10-29
Where each multiple sits in its own 8-yr range · 54th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 8-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
ROE -207% against ROIC -207% — 0% of the return on equity comes from leverage and buybacks rather than from the operating business.
Equity is the year-end figure. On average equity over the two year-ends, ROE is -170.8% — the two diverge when buybacks or issuance move equity during the year.
What the company owes vs. what it holds
This shows debt/cash structure and net leverage. The year-by-year maturity schedule is on the Debt & Leverage tab.
Latest year: profit growth vs revenue growth
Low operating leverage — profit tracks sales closely (stable, less cyclical).
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 74.3 | 73.9 | 75.2 | — | — | — | — | — |
| Gross Profit | 25.7 | 26.1 | 24.8 | 38.8 | 36.0 | 36.1 | 37.2 | 41.5 |
| R&D | 10.5 | 8.2 | — | — | — | — | — | — |
| SG&A | 6.3 | 14.3 | 1.7 | 3.1 | 4.3 | 6.2 | 132.5 | 123.7 |
| Operating Income | — | — | — | 9.7 | 12.5 | -2.5 | -193.7 | -119.0 |
| Income Tax | — | — | -5.9 | 0.4 | 0.4 | 2.3 | 32.7 | 1.2 |
| Net Income | -10.8 | -16.2 | 8.8 | 0.6 | 1.3 | 8.8 | -203.0 | -104.9 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on QURT: price, valuation and headline fundamentals from SEC filings. The four questions at the top of the page are where the judgements live.
No positive operating income in the last three years, so there is no return on capital to compare against its cost.
| Fiscal year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| FY2016 | 14.7% | not reported | -4.3% |
| FY2017 | 26.3% | not reported | 7.2% |
| FY2018 | 25.7% | not reported | -10.8% |
| FY2019 | 26.1% | not reported | -16.2% |
| FY2020 | 24.8% | not reported | 8.8% |
| FY2021 | 38.8% | 9.7% | 0.6% |
| FY2022 | 36.0% | 12.5% | 1.3% |
| FY2023 | 36.1% | -2.5% | 8.8% |
| FY2024 | 37.2% | -193.7% | -203.0% |
| FY2025 | 41.5% | -119.0% | -104.9% |
No material counter-signal in the checked set: ROIC vs WACC spread, 5-year spread history, gross margin trend, operating margin trend, net margin against 3 years ago, revenue growth, ROIC ex-goodwill gap.
Missing from our data, so excluded from this answer: positive EBIT.
Cash conversion of -26.86x sits below the level that would make the earnings clearly cash-backed.
Shares outstanding are up 4% since FY2019 — per-share cash flow has grown more slowly than the totals above, and the gap is the owners'.
No debt, so there is no leverage path to distress.
Balance sheet at 2025-12-31. Undrawn revolving credit is not shown: the tag is collected but not yet mapped through to the API.
No material counter-signal in the checked set: net debt / EBITDA, interest coverage, stressed coverage, maturity schedule vs cash and one year of FCF, liquidity ratios.
At $0.31, free cash flow must compound 30.16%/yr for 10 years. It has no positive compounding record to compare against.
The percentile ranks the FISCAL-YEAR point, because the distribution behind each strip is built from fiscal-year closes — ranking a TTM figure inside it would compare two different bases. TTM basis: TTM.
Stock compensation is material for this company but was not reported in every year of the basis window, so it could not be charged. The requirement below is therefore solved on cash flow that treats shares issued to employees as free.
| Step | Amount | Running total |
|---|---|---|
| Net income | −$256,929 | −$256,929 |
| Share-based comp | $204,073 | −$52,856 |
| Other non-cash & working capital | $62,744 | $9,888 |
| Operating cash flow | $9,888 | $9,888 |
| Fiscal year | Revenue growth | Receivables growth | Gap |
|---|---|---|---|
| FY2020 | -2.0% | -62.0% | -60.0 points |
| FY2021 | 45.2% | 34.2% | -11.0 points |
| FY2022 | -11.7% | -5.2% | 6.4 points |
| FY2023 | -53.8% | -88.2% | -34.4 points |
| FY2024 | -79.0% | -14.5% | 64.5 points |
| FY2025 | 129.4% | not reported | not reported |
| Fiscal year | DSO | DIO | DPO | Cash conversion cycle |
|---|---|---|---|---|
| FY2019 | 53.2 days | 42.6 days | 71.3 days | 24.4 days |
| FY2020 | 20.6 days | 50.6 days | 43.7 days | 27.6 days |
| FY2021 | 19.1 days | not reported | not reported | not reported |
| FY2022 | 20.5 days | not reported | not reported | not reported |
| FY2023 | 5.2 days | not reported | not reported | not reported |
| FY2024 | 21.3 days | not reported | not reported | not reported |
| FY2025 | not reported | not reported | not reported | not reported |
| Fiscal year | Accruals / assets |
|---|---|
| FY2019 | -39.6 percent |
| FY2020 | 6.2 percent |
| FY2021 | -8.1 percent |
| FY2022 | -24.6 percent |
| FY2023 | -0.8 percent |
| FY2024 | -24.5 percent |
| FY2025 | -64.5 percent |
Below the line, the asset base is being consumed faster than it is replaced.
Depreciation here includes amortisation of acquired intangibles — goodwill written down over time, customer lists, acquired technology. Capex does not replace those and is not meant to, so an acquisitive or asset-light company sits below 1.0 permanently and correctly. The signal is cleanest for capital-intensive businesses, where the two measure the same physical base. For that reason this informs the earnings-quality verdict but never caps it.
SBC is added back inside operating cash flow, so reported free cash flow treats shares issued to employees as free. Percent of revenue says how expensive the payroll is; percent of operating cash flow says how much of the cash exists only because the charge was added back. The buyback offset is buybacks over SBC — below 1.0 the repurchase does not cover the shares issued.
Figures are the latest fiscal year (FY2025) from the company's own filings, not a trailing-twelve-month window — Q2 reads fiscal years throughout so the cash-conversion ratios and these share one basis. A blank is a line the filer did not report; it is never read as zero.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.