Added to YB: 2026-06-23
Pitch date: 2026-06-20
QTX.L [neutral]
Quartix Technologies plc
Author Info
Monopolistic Investor is searching for high-quality companies with wide moats. Sign up for the newsletter.
Company Info
Quartix Technologies plc designs, develops, markets, and delivers vehicle telematics services in the United Kingdom, France, the United States, and other European Territories.
Market Cap
GBP 110.2M
Pitch Price
N/A
Price Target
3.20 (+31%)
Dividend
4.40%
EV/EBITDA
8.81
P/E
17.27
EV/Sales
2.95
Sector
Software
Category
growth
Quartix - Monthly 5-page investment thesis
QTX.L (pass): UK vehicle fleet tracking SaaS, subscription ARR model, no lock-in contracts (low churn but renewal risk). 73% gross margin, 17.8% net margin, reinvests 53% NOPAT, ROIC rising as op income +34%. ARR +14% vs rev +12% 2025. Forward DCF at 10% FCF CAGR = £3.2 vs £2.28 (40% upside) but reverse DCF prices in 12.19% CAGR = fairly valued. Author passes; risks: churn, geo saturation, hardware dependency.
Read full article (4 min)