An overlooked SaaS company well positioned for profitable growth

In this equity report, analyst Jacob Benon takes a deep-dive into Qbank. Qbank offers a Digital Asset Management software via a SaaS business model, which helps customers organize digital assets such as images or videos. Our analyst, Jacob Benon estimates the company to profitably grow annual recurring revenue from subscriptions by 22,1% (CAGR) between 2019 and 2021, while at the same time increase its EBIT margin to a robust 17,4%.

Investment highlights:

  • A more niched and advanced product offering targeting larger organizations makes Qbank well equipped to capitalize on the underlying market growth of 21,2%
  • The scalability inherent to the SaaS business model bodes for an EBIT margin expansion from 15,4% to 17,4%
  • With no institutional investors and lack of coverage, Qbank is currently trading at a significant discount of 49,6% to comparable companies.

To get the analyst’s full view, please see the report below: