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← CockpitCompetitor Analysis › QAL.AX Qualitas LimitedOpen in the cockpit ↗

Qualitas LimitedQAL.AXCompetitor analysis, valuation and peers

Australia · AUD·Financials›Investment Managers
Momentum neutral 57
Mkt cap
$572M
US dollars, full cap
Free float
35%
of shares outstanding
$/day
$728,049
20-day average traded
Fwd P/E
15.3×
forward earnings
ROIC−WACC
n/a
WACC 9.3%
Hurdle
n/a
no reverse DCF
Next earnings
110 days
24 Feb 2027
Close · AUDA$2.74
1D-2.8%
1W+17.1%
1M+26.3%
3M-16.2%
6M-2.8%
YTD-23.5%
1Y-27.9%
ATR %4.1%
52w lowhigh33.2% off high

What Qualitas does

No business profile yet.

Qualitas at a glance

Size Qualitas (QAL.AX) is an Australia Financials company (Investment Managers) with a market value of $572M, the 245th largest of 316 Australia companies the cockpit tracks. Shares closed at A$2.74 on 6 Nov 2026.

Performance Over six months the shares fell 2.8%, against -9.5% for the median peer and +4.1% for the Australia market (cap-weighted) — 9th highest of 21 in its peer set.

Growth Revenue grew 11.7% over the last twelve months (peer median +14.9%); the operating margin is 45.8% (peer median 49.0%).

Valuation It trades at 15.3× forward earnings against a peer median of 8.6× (4th most expensive of 15).

Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026QAL.AX 99Peer median 91
Six months, rebased to 100: Qualitas against the median of its 20 peers (local-currency closes).

Qualitas financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$130MA$130MA$116MA$103MA$94.1M
Revenue growth—+12%+12%+10%—
Gross profitA$125MA$125MA$106MA$80.3MA$71.1M
EBITDAA$63.0MA$63.0MA$50.1MA$39.8MA$34.0M
Net incomeA$41.7MA$41.7MA$33.4MA$26.2MA$22.3M
Free cash flow-A$43.4M-A$43.4MA$15.8MA$72.1M-A$23.5M
Capital expenditureA$658,000A$658,000A$5.64MA$333,000A$467,000
Total debtn/aA$52.7MA$54.0MA$295MA$341M

Quarterly statements and history in the cockpit →

Qualitas competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%-20%0%+20%VINPTAMYF8IDIP4765EVLI5842RPL66863887MAFAGF-B8739LFGORES8595POLN100790MUXQAL.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Qualitas is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%+100%5×10×15×20×VINPTAMYF8IDIPEVLIRPL6686MAFAGF-BCRAMC8595POLNMUXQAL.AXRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Qualitas is the large dot.

Qualitas competitors and peer comparison

How Qualitas compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Qualitas against its 20 peers (data as of 6 Nov 2026)
MeasureQAL.AXPeer medianRank in peer set
1-month return+26.3%-2.3%highest of 21
6-month return-2.8%-9.5%9th highest of 21
Distance from 52-week high-33.2%-28.5%10th lowest of 21
Revenue growth (TTM)+11.7%+14.9%9th lowest of 21
Operating margin45.8%49.0%11th highest of 21
Forward P/E15.3×8.6×4th most expensive of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Qualitas QAL.AXAustralia$572M-3%+12%46%15.3×n/an/a
Vinci Compass Investments VINPUnited States$564M-21%+38%37%9.2×n/an/a
Tatton Asset Management TAM.LUnited Kingdom$545M+8%+20%46%15.9×n/an/a
Yangzijiang Financial YF8.SISingapore$545M-22%-74%103%6.1×n/an/a
Institut de Developpement Industriel SCA IDIP.PAFrance$537M-8%-12%550%8.0×n/an/a
SBI Global Asset Management 4765.TJapan$535M+2%+263%22%n/an/an/a
Evli EVLI.HEFinland$614M-7%+13%41%14.6×n/an/a
Integral 5842.TJapan$530M-31%-18%100%n/an/an/a
Regal Partners RPL.AXAustralia$626M-15%+97%56%7.2×n/an/a
Noah 6686.HKHong Kong$515M-43%+5%32%5.0×n/an/a
HashKey 3887.HKHong Kong$660M-56%+34%-130%n/an/an/a
MA Financial MAF.AXAustralia$661M-23%+42%33%10.7×n/an/a
AGF Management AGF-B.TOCanada$662M-13%+12%31%6.9×n/an/a
Canara Robeco Asset Management CRAMC.NSIndia$473M-11%+17%62%19.2×n/an/a
Sparx 8739.TJapan$470M+22%+30%52%n/an/an/a
Liberty Financial LFG.AXAustralia$705M+3%-3%70%6.4×n/an/a
Investment AB Oresund ORES.STSweden$712M+8%-8%741%n/an/an/a
JAFCO 8595.TJapan$713M-1%-38%27%18.1×n/an/a
Pollen Street POLN.LUnited Kingdom$741M+11%-5%68%11.4×n/an/a
Mirae Asset Venture Investment 100790.KSSouth Korea$433M-79%+166%58%n/an/an/a
Mutares SE & Co. KGaA MUX.DEGermany$769M+2%+17%-10%2.3×n/an/a

Questions

Which companies are Qualitas's closest peers?
The cockpit's peer set: Vinci Compass Investments (VINP), Tatton Asset Management (TAM.L), Yangzijiang Financial (YF8.SI), Institut de Developpement Industriel SCA (IDIP.PA), SBI Global Asset Management (4765.T), Evli (EVLI.HE), Integral (5842.T), Regal Partners (RPL.AX).
Is Qualitas expensive compared with its peers?
On forward p/e it trades at 15.3× against a peer median of 8.6×, 4th most expensive of 15 in its peer set.
How has Qualitas stock performed?
Over six months to 6 Nov 2026 the shares returned -2.8% against -9.5% for the median peer; over one year -27.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.