Questor Technology Inc (TSE:QST)
:QST
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Questor Technology
(QST)
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Rating:48Neutral
Price Target:
C$0.27
▼(-44.37% Downside)
Action:Reiterated
Date:05/22/26
The score is held back primarily by weak financial performance (TTM revenue decline and ongoing losses) and bearish technicals (price below key moving averages with negative MACD). These are partly offset by a strong, low-debt balance sheet and improved TTM cash generation, but valuation remains difficult to support due to negative earnings and no dividend yield provided.
Positive Factors
Conservative balance sheet
Very low leverage (debt-to-equity ~0.04) gives the company durable financial flexibility: it can fund project build-outs, support aftermarket service operations, and absorb project timing shocks without needing frequent external debt, reducing refinancing and solvency risk over months.
Negative Factors
Top-line weakness
A ~27% TTM revenue decline indicates choppy, project-dependent sales and weak near-term demand. Persistent top-line variability makes capacity planning and fixed-cost absorption harder, limiting the firm's ability to scale operations and stabilize margins over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage (debt-to-equity ~0.04) gives the company durable financial flexibility: it can fund project build-outs, support aftermarket service operations, and absorb project timing shocks without needing frequent external debt, reducing refinancing and solvency risk over months.
Read all positive factors
Questor Technology (QST) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$7.78M
Dividend YieldN/A
Average Volume (3M)30.89K
Price to Earnings (P/E)―
Beta (1Y)0.57
Revenue Growth-19.72%
EPS Growth6.79%
CountryCA
Employees25
SectorEnergy
Sector Strength52
IndustryIndustrial - Pollution & Treatment Controls
Share Statistics
EPS (TTM)-0.08
Shares Outstanding27,773,123
10 Day Avg. Volume46,026
30 Day Avg. Volume30,889
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)0.56
Price to Sales (P/S)1.62
P/FCF Ratio11.03
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.45Price Target Upside-6.25% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)-0.04
Revenue Forecast (FY)C$6.60M
Questor Technology Business Overview & Revenue Model
Company Description
Questor Technology Inc. is an environmental solutions provider dedicated to minimizing emissions. The company engineers, produces, and maintains advanced waste gas combustion systems, which it also offers for rental. Its operations span Canada and...
How the Company Makes Money
QST makes money primarily by selling manufactured equipment and related services to industrial customers that need to manage waste gas and reduce emissions.
Key revenue streams include:
1) Equipment sales (core): Revenue from the sale of combusti...
Questor Technology Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
78
Positive
Cash Flow
58
Neutral
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.80M | 4.52M | 7.19M | 8.38M | 5.50M |
| Gross Profit | 2.57M | 1.23M | 2.73M | 2.03M | -999.21K |
| EBITDA | -322.01K | -1.47M | 544.96K | -64.56K | -2.77M |
| Net Income | -1.62M | -3.23M | -4.81M | -1.73M | -3.99M |
Balance Sheet | |||||
| Total Assets | 22.73M | 24.09M | 27.13M | 33.87M | 35.05M |
| Cash, Cash Equivalents and Short-Term Investments | 4.21M | 6.93M | 12.51M | 15.20M | 14.66M |
| Total Debt | 849.96K | 1.24M | 826.65K | 536.89K | 623.60K |
| Total Liabilities | 3.01M | 2.98M | 2.77M | 4.68M | 4.57M |
| Stockholders Equity | 19.72M | 21.11M | 24.36M | 29.19M | 30.48M |
Cash Flow | |||||
| Free Cash Flow | 1.00M | -6.38M | -2.47M | -144.92K | -1.76M |
| Operating Cash Flow | 1.18M | -1.84M | 149.10K | 1.52M | -1.13M |
| Investing Cash Flow | -2.52M | 2.24M | -4.12M | -7.90M | -601.84K |
| Financing Cash Flow | -568.62K | 472.36K | -621.33K | 637.82K | 87.54K |
Questor Technology Technical Analysis
Neutral
0.48
Price Trends
0.29
Negative
0.31
Negative
0.39
Negative
Market Momentum
>-0.01
Negative
52.83
Neutral
92.78
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:QST, the sentiment is Neutral. The current price of 0.48 is above the 20-day moving average (MA) of 0.26, above the 50-day MA of 0.29, and above the 200-day MA of 0.39, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.83 is Neutral, neither overbought nor oversold. The STOCH value of 92.78 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:QST.
Questor Technology Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
62 Neutral | C$27.35M | 17.39 | 13.24% | ― | 9.19% | 711.11% | |
48 Neutral | C$7.78M | -3.56 | -7.46% | ― | -19.72% | 6.79% | |
46 Neutral | C$24.68M | -7.11 | 399.66% | ― | 4.99% | 12.40% | |
44 Neutral | C$34.32M | -16.93 | -4.33% | ― | 15.41% | -23.30% | |
| ― | C$1.27M | -1.68 | ― | ― | ― | ― |
* Energy Sector Average
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Questor Technology
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.