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Qualstar
(OTC:QBAK)
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Rating:47Neutral
Price Target:
$3.00
▼(-15.49% Downside)
Action:Reiterated
Date:09/15/26
The score is primarily constrained by weak financial performance: a large TTM loss, very thin operating margins, and negative operating/free cash flow. Technicals are mixed and largely neutral, providing limited support. Valuation is also challenging to assess positively because earnings are negative and no dividend yield is provided.
Positive Factors
Conservative leverage
Very low leverage limits interest and refinancing pressure, giving Qualstar greater financial resilience during weak operating periods. This balance-sheet flexibility can help the company continue supporting its storage-hardware business and preserve strategic options without relying heavily on new borrowing.
Negative Factors
Severe profitability weakness
Deep net losses and sub-1% operating margins show that current revenue is not translating into meaningful earnings. Persistently thin operating profitability leaves little buffer for execution setbacks and makes it difficult to generate attractive shareholder returns without a substantial margin recovery.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
Very low leverage limits interest and refinancing pressure, giving Qualstar greater financial resilience during weak operating periods. This balance-sheet flexibility can help the company continue supporting its storage-hardware business and preserve strategic options without relying heavily on new borrowing.
Read all positive factors
Qualstar (QBAK) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$14.71M
Dividend Yield11.82%
Average Volume (3M)1.25K
Price to Earnings (P/E)―
Beta (1Y)0.32
Revenue Growth8.53%
EPS Growth-537.58%
CountryUS
Employees15
SectorIndustrials
Sector Strength72
IndustryComputer Hardware
Share Statistics
EPS (TTM)-0.07
Shares Outstanding4,142,562
10 Day Avg. Volume1,388
30 Day Avg. Volume1,247
Financial Highlights & Ratios
PEG Ratio-9.91
Price to Book (P/B)17.36
Price to Sales (P/S)12.16
P/FCF Ratio253.73
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Qualstar Business Overview & Revenue Model
Company Description
Qualstar Corporation, established in 1984 and headquartered in Camarillo, California, operates globally in two primary sectors: power solutions and data storage systems. The company markets its data storage products under the Qualstar brand and it...
How the Company Makes Money
Qualstar primarily makes money through product revenue from selling its data storage hardware—most notably automated tape library systems—into enterprise, government, education, and other institutional markets that use tape-based workflows for bac...
Qualstar Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
74
Positive
Cash Flow
33
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.03M | 6.59M | 8.04M | 10.62M | 9.85M | 9.16M |
| Gross Profit | 971.00K | 1.91M | 2.46M | 3.28M | 2.66M | 2.72M |
| EBITDA | -1.52M | -333.00K | -444.00K | 177.00K | 135.00K | 466.00K |
| Net Income | -1.48M | 70.00K | -471.00K | 191.00K | 55.00K | 430.00K |
Balance Sheet | ||||||
| Total Assets | 5.83M | 6.52M | 6.72M | 8.05M | 8.10M | 8.69M |
| Cash, Cash Equivalents and Short-Term Investments | 2.00M | 2.81M | 2.44M | 2.42M | 2.80M | 4.20M |
| Total Debt | 172.00K | 245.00K | 382.00K | 95.00K | 260.00K | 321.00K |
| Total Liabilities | 2.36M | 1.90M | 2.15M | 3.04M | 2.75M | 2.83M |
| Stockholders Equity | 3.47M | 4.62M | 4.58M | 5.01M | 5.34M | 5.86M |
Cash Flow | ||||||
| Free Cash Flow | -567.00K | 316.00K | 222.00K | 131.00K | -832.00K | -124.00K |
| Operating Cash Flow | -567.00K | 316.00K | 222.00K | 138.00K | -831.00K | -68.00K |
| Investing Cash Flow | -495.00K | -633.00K | 49.00K | -108.00K | -26.00K | -56.00K |
| Financing Cash Flow | 0.00 | -218.00K | -143.00K | -522.00K | -571.00K | 62.00K |
Qualstar Technical Analysis
Positive
3.55
Price Trends
3.01
Positive
3.37
Positive
4.63
Negative
Market Momentum
0.18
Negative
63.65
Neutral
38.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For QBAK, the sentiment is Positive. The current price of 3.55 is above the 20-day moving average (MA) of 3.33, above the 50-day MA of 3.01, and below the 200-day MA of 4.63, indicating a neutral trend. The MACD of 0.18 indicates Negative momentum. The RSI at 63.65 is Neutral, neither overbought nor oversold. The STOCH value of 38.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QBAK.
Qualstar Risk Analysis
Qualstar disclosed 20 risk factors in its most recent earnings report. Qualstar reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Qualstar Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
57 Neutral | $111.43M | -726.72 | 0.27% | ― | 16.48% | 99.12% | |
55 Neutral | $78.72M | -4.10 | -60.76% | ― | 57.22% | 13.79% | |
47 Neutral | $14.71M | -44.67 | -33.35% | 11.82% | 8.53% | -537.58% | |
45 Neutral | $33.96M | -4.36 | -27.64% | 34.97% | ― | ― | |
44 Neutral | $5.52M | -0.37 | -618.35% | ― | -61.39% | -93.53% |
* Industrials Sector Average
QBAK
Qualstar
3.15
-1.79
-36.27%
OESX
Orion Energy Systems
25.29
15.85
167.90%
IPWR
Ideal Power
4.35
-0.97
-18.23%
PPSI
Pioneer Power Solutions
3.05
-1.51
-33.11%
POLA
Polar Power
1.32
-1.13
-46.12%
RAYA
Erayak Power Solution Group Incorporation Class A
1.95
-102.77
-98.14%
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.