Victory Square Technologies Inc (VSQTF) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Victory Square Technologies Inc $0.15, price $0.36, upside -58.2%, quality 38 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $0.0584 – $0.7140 · fair‑value band $0.1400 – $0.1500 · the $0.3587 price screens above the $0.1500 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
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Victory Square Technologies Inc. is a private equity and venture capital firm specializing in incubation, acquisition and invests in startups, Early stage and provides the senior leadership and resources needed to growth.
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Victory Square Technologies Inc. is a private equity and venture capital firm specializing in incubation, acquisition and invests in startups, Early stage and provides the senior leadership and resources needed to growth. Through its portfolio companies it focuses on technologies in blockchain, digital health, web3, creator economy, metaverse, machine learning, climate tech, youth, mental health, healthcare, special needs, clean technology, First Nation, artificial intelligence, and virtual reality/augmented reality, health, mobile gaming, film, esports, cannabis, and education. The company formerly known as Fantasy 6 Sports Inc. and changed its name to Victory Square Technologies Inc. in June 2017. It prefers to take minority investment in the companies. Victory Square Technologies Inc. was incorporated in 2015 and is headquartered in Vancouver, Canada with an additional office in Lewes, Delaware.
Stock analysis
Victory Square Technologies Inc (VSQTF) currently trades at $0.3587, while our model-based Fair Value estimate is $0.1500, implying the stock looks roughly 139.1% overvalued today.
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Valuation
Bull case: the Earnings-Based group reads highest at a median of $0.6800 per share, and 3 of the 7 models we run sit above the $0.3587 price.
Bear case: the Asset-Based group reads lowest at $0.2000, and 4 of the 7 models stay below the price. Evidence for this calculation is low.
Scenario range: $0.1400 (bear) to $0.1500 (bull), the price of $0.3587 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 38/100 (below-average quality), in the Healthcare sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Victory Square Technologies Inc reported revenue of C$35.4M in FY2025 versus C$1.5M in FY2021, a compound +120.6%/yr. Reported net income was C$2.0M in FY2025.
Key figures
Market cap $51.4M · P/E ratio 9.0 · P/S ratio 0.52 · EPS (TTM) $0.0400 · Net margin 5.8% · Return on equity 21.4% · Return on assets (EBIT) −40.0% · Operating margin 10.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 46% below its 52-week high and 15% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Healthcare peers we cover trades at −45% fair-value upside, at −58%, VSQTF screens richer than that median.
Fair Value models
Bear $0.1400Fair Value $0.1500Bull $0.1500
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($0.0293 per share) are deliberately not added.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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+111.7%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+81.4%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+88.4%
Start year 2020 (pandemic). Over 10 years: +99.0% a year
Revenue growth 11 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+126.8%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−40.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−40.4%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−236% → 2%
News mood ⓘNews mood, the average tone of recent news (88 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
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Peer Groupⓘ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.Health Information Services · 133 stocks
Beats the industry median on 9/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score40 · Bottom 25%
Fair Value upside−58% · Below median
Profitability
Return on equity (TTM)21% · Top 25%
Return on assets5% · Top 25%
Net margin (TTM)9% · Above median
Operating margin (TTM)11% · Above median
Growth and dividend
Revenue growth449% · Top 25%
Balance sheet
Debt / equity0.27× · Highest 25%
Valuation Multiplesvs Health Information Services median · lower = cheaper
P/E (TTM)9.0× · Cheapest 25%
P/B1.67× · Cheaper than median
P/S (TTM)0.92× · Cheaper than median
EV/EBITDA14.6× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 4
FUTURE (revenue growth)100· sector 35
PAST (return on equity)86· sector 5
HEALTH (low debt)86· sector 98
DIVIDEND (yield)0· sector 48
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Victory Square Technologies Inc (VSQTF) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $0.1500 versus a price of $0.3587, about −58% upside (overvalued).
What is the fair value of VSQTF?
Our model-based fair value for Victory Square Technologies Inc is $0.1500 (as of Sep 23, 2026), built from audited fundamentals. The current price: $0.3587.
What is the quality score of VSQTF?
Victory Square Technologies Inc has a Quality Score of 38/100. 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 price target for Victory Square Technologies Inc (VSQTF)?
Our model-based price target is the fair value of $0.1500 (as of Sep 23, 2026) from 7 valuation models. Cautious scenario $0.1400, optimistic scenario $0.1500. It is a calculation from audited fundamentals, not an analyst target.
What is the Victory Square Technologies Inc stock forecast for 2026?
Our models put fair value at $0.1500, about −58% upside versus a price of $0.3587 (overvalued). Cautious scenario $0.1400, optimistic scenario $0.1500. The calculation is refreshed regularly with new filings.
What is the revenue of Victory Square Technologies Inc (VSQTF)?
Victory Square Technologies Inc reported trailing-twelve-month revenue of about $55.8M (latest available figure, as of Sep 23, 2026).
What is the intrinsic value of Victory Square Technologies Inc (VSQTF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Victory Square Technologies Inc it is $0.1500 per share (as of Sep 23, 2026), against a price of $0.3587. It is the blended result of 7 valuation models (cash flow, earnings, asset, dividend).
Is Victory Square Technologies Inc stock overvalued or undervalued in 2026?
As of Sep 23, 2026, VSQTF trades above its calculated fair value: price $0.3587, fair value $0.1500, a gap of about −58% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of VSQTF?
No. The price is what the market pays today ($0.3587); the fair value is what the company's own numbers justify ($0.1500). For Victory Square Technologies Inc the two are $0.2087 per share apart. That gap is exactly why we show both numbers side by side.
How much is Victory Square Technologies Inc worth?
The market values Victory Square Technologies Inc at about $51.4M (market capitalisation, as of Sep 23, 2026). Per share that is $0.3587; our models calculate a fair value of $0.1500 per share.
What do the bullish and bearish scenarios say about VSQTF?
Our models span a range for Victory Square Technologies Inc: cautious scenario $0.1400, base $0.1500, optimistic $0.1500 per share (as of Sep 23, 2026, price $0.3587). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of VSQTF?
Victory Square Technologies Inc trades at a price-to-earnings ratio of 9.0 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $0.1500 is built from several models across several years. Other multiples: P/B 1.7, P/S 0.9, EV/EBITDA 14.6.
How solid is the balance sheet of Victory Square Technologies Inc (VSQTF)?
Balance-sheet figures for Victory Square Technologies Inc (as of Sep 23, 2026): return on equity 21.4%, debt of 0.27 per unit of equity. They feed the Quality Score of 38/100, which measures business quality independently of the share price.
How far is VSQTF from its 52-week high?
Victory Square Technologies Inc trades at $0.3587, about 46% below its 52-week high of $0.6650 and 15% above the low of $0.3119 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of $0.1500 is for.
Which stocks are comparable to Victory Square Technologies Inc?
From the same area (Healthcare) we also value Veeva Systems Inc, Pro Medicus Limited, BrightSpring Health Services, Inc, HealthEquity, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Victory Square Technologies Inc stock attractive at the current price?
The data as of Sep 23, 2026: price $0.3587, calculated fair value $0.1500 (−58%), Quality Score 38/100, from 7 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of VSQTF calculated?
We run Victory Square Technologies Inc through 7 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $0.1500, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0 % above its aggregate fair value. Victory Square Technologies Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Victory Square Technologies Inc (VSQTF)?
The closing price on Sep 24, 2026 was $0.3587. Our model-based fair value is $0.1500, about −58% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Victory Square Technologies Inc right now?
The price sits above even our optimistic bull case ($0.1500). The favourable scenario is already priced in. Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. The models converge in a tight band ($0.1400 to $0.1500), unusually little disagreement for a valuation.
Key figures of Victory Square Technologies Inc
How large is the market capitalisation of Victory Square Technologies Inc (VSQTF)?
The market capitalisation of Victory Square Technologies Inc is $51.4M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Victory Square Technologies Inc (VSQTF)?
The price-to-sales ratio of Victory Square Technologies Inc is 0.52 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Victory Square Technologies Inc (VSQTF)?
Earnings per share at Victory Square Technologies Inc are $0.0400 (price ÷ EPS = P/E 9.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Victory Square Technologies Inc (VSQTF)?
The net margin of Victory Square Technologies Inc is 5.8% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Victory Square Technologies Inc (VSQTF)?
The return on equity (ROE) of Victory Square Technologies Inc is 21.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Victory Square Technologies Inc (VSQTF)?
On an EBIT basis the return on assets of Victory Square Technologies Inc is −40.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Victory Square Technologies Inc (VSQTF)?
The operating margin of Victory Square Technologies Inc is 10.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Victory Square Technologies Inc (VSQTF)?
Revenue at Victory Square Technologies Inc is growing +449% versus a year earlier (3y avg +81.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Victory Square Technologies Inc (VSQTF)?
Earnings per share at Victory Square Technologies Inc are growing −90.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Victory Square Technologies Inc (VSQTF) generate?
The free cash flow of Victory Square Technologies Inc is −$4.7M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Victory Square Technologies Inc (VSQTF) carry?
The net debt of Victory Square Technologies Inc is $784K (fiscal year 2024). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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