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Questor Technology Inc. (QST) Fair Value & Analysis

Industrials · CA · Market cap C$6.8M (≈ $4.9M) · ISIN CA7479461013

What is Questor Technology Inc. really worth?

QT Questor Technology Inc. QST · V
PriceC$0.3800
Fair ValueC$0.1200
Upside−68.4%
Quality48/100

Below-average quality, and trading another 217% above our fair value of C$0.1200.

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Risks

!Weak Growth (revenue 5y −5.9 %/yr)
!Loss-making · -42.3% net margin
!negative free cash flow
!Trails peers (3/9)
!Narrow moat 0/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range C$0.0800 – C$0.1500

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 18 days ago

Share price +68.9% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (C$0.1500). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (C$0.0800 to C$0.1500) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

C$2.15 C$0.2250 Fair Value C$0.1200 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range C$0.2250 – C$2.15 · fair‑value band C$0.0800 – C$0.1500 · the C$0.3800 price screens above the C$0.1200 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Questor Technology Inc. (QST) currently trades at C$0.3800, while our model-based Fair Value estimate is C$0.1200, implying the stock looks roughly 216.7% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Industrials sector. How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.

Over the trailing twelve months, Questor Technology Inc. generated revenue of C$4.9M at a net margin of −42.3%. Revenue declined 78.8% year over year. It earns a return on equity of −10.1%. The balance sheet holds a net cash position of C$3.5M. Fundamentals as of Aug 13, 2026

Our scenario range runs from C$0.0800 (bear case) to C$0.1500 (bull case); at C$0.3800, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 43% below its 52-week high and 65% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at −42% fair-value upside, at −68%, QST screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
NCAV (Graham) best evidence C$0.3500 C$0.4800 C$0.7100 51
All 1 models by family
Asset-Based
NCAV (Graham) best evidence C$0.3500 C$0.4800 C$0.7100 51

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Key figures & financial health

P/S ratio 1.38 TTM
EPS (TTM) C$−0.0800
Net margin −23.9% FY2025
Return on equity −10.1% TTM
Return on assets (EBIT) −8.1% avg 5y
Operating margin −181% TTM
More key figures
Growth
Revenue (TTM) C$4.9M TTM
Revenue growth (YoY) −78.8% 3y avg −6.7%
EPS growth (YoY) −47.0%
Balance sheet & cash flow
Free cash flow −C$2.2M FY2025
Net cash C$3.5M FY2023

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 50 · Market factors (momentum, volatility) 36

Profitability 7
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 20
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 18
Distance to the 52-week high (market factor)
Net Issuance 76
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Questor Technology Inc., an environmental emissions reduction technology company, engages in the design, manufacture, and services of clean combustion systems in Canada and the United States. Its technology enables its customers to meet emission regulations, reduce greenhouse gas emissions, address community concerns, and enhance safety at industrial sites.

Full company description

Questor Technology Inc., an environmental emissions reduction technology company, engages in the design, manufacture, and services of clean combustion systems in Canada and the United States. Its technology enables its customers to meet emission regulations, reduce greenhouse gas emissions, address community concerns, and enhance safety at industrial sites. The company provides its solutions for various oil and gas projects, as well as for landfill biogas, syngas, waste engine exhaust, geothermal and solar, and cement plant waste heat. The company was formerly known as Interglobe Gas Technology Inc. and changed its name to Questor Technology Inc. in September 1995. Questor Technology Inc. was founded in 1994 and is headquartered in Calgary, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Questor Technology Inc. reported revenue of C$6.8M in FY2025 versus C$5.5M in FY2021, a compound +5.4%/yr. Reported net income was −C$1.6M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
C$6.8M
Latest YoY
+50.3%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−6.7%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−5.9%
Avg. revenue growth/yr (28Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.3%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +5.4%/yr
FY21 C$5.5M
FY22 C$8.4M
FY23 C$7.2M
FY24 C$4.5M
FY25 C$6.8M
Net income
FY21 −C$4.0M
FY22 −C$1.7M
FY23 −C$4.8M
FY24 −C$3.2M
FY25 −C$1.6M

QST screens 217% overvalued. Compare with Veralto Corporation →

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Cite: Fair Value Calculator (2026). "Questor Technology Inc. Fair Value". https://www.fairvalue-calculator.com/stock/QST

Peer Group

Pollution & Treatment Controls · 95 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 50 · Above median
Fair Value upside −71% · Bottom 25%
Return on assets −6% · Bottom 25%
Net margin (TTM) −42% · Bottom 25%
Operating margin (TTM) −181% · Bottom 25%
Revenue growth −79% · Bottom 25%

Valuation Multiples vs Pollution & Treatment Controls median · lower = cheaper

P/B 0.25× · Cheaper than 75% of peers
P/S (TTM) 1.00× · Cheaper than median

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Pollution & Treatment Controls stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Veralto Corporation VLTO $97.68 $67.62 −31%
Zurn Elkay Water Solutions Corporation ZWS $51.02 $24.92 −51%
Canmax Technologies Co 300390 ¥61.99 ¥10.07 −84%
CECO Environmental Corp CECO $79.59 $15.19 −81%
Fujian Longking Co 600388 ¥17.41 ¥15.59 −10%
Munters Group MTRS kr 183.90 kr 48.58 −74%
China Conch Venture Holdings 0586 HK$8.50 HK$10.70 +26%
Mega Union Technology Inc 6944 716.00 TWD 415.06 TWD −42%
MayAir Technology (China) Co 688376 ¥71.82 ¥18.80 −74%
Jingjin Equipment Inc 603279 ¥12.41 ¥18.97 +53%

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Frequently asked questions

Is Questor Technology Inc. (QST) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of C$0.1200 versus a price of C$0.3800, about −68% upside (overvalued).
What is the fair value of QST?
Our model-based fair value for Questor Technology Inc. is C$0.1200 (as of Aug 13, 2026), built from audited fundamentals. The current price: C$0.3800.
What is the quality score of QST?
Questor Technology Inc. has a Quality Score of 48/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Questor Technology Inc. (QST)?
Questor Technology Inc. reported trailing-twelve-month revenue of about C$4.9M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of QST?
The net profit margin of Questor Technology Inc. is about −42.3%, meaning it is currently running at a net loss. Based on the latest reported figures.
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