Qualitas Limited (QAL.AX)
Melbourne, VIC, AU
Qualitas functions as a real estate investment firm, primarily concentrating on direct capital deployment across diverse property asset classes and geographical locations. Beyond its core direct investments, the company also engages in the acquisition and reorganization of troubled debt, facilitates capital raises for third parties, and offers expert consulting services. It strategically aims to provide bridge loans, especially within the medium and high-density residential development sector, across key markets along Australia's eastern coastline. Qualitas is headquartered in Melbourne, Australia, with a supplementary office located in Sydney, and operates as a subsidiary of the Qualitas Group.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.70% | -2.72% | +18.67% | -7.74% | -23.73% | -20.11% | +0.35% | +6.72% | +10.00% | +10.00% | +10.00% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 5 | +1 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Real Estate - Services: +11.2%+13.6% ★ Q4'25: +15.4% (vs Q4'23)
-
EPS growth Real Estate - Services: +25.9%+24.9% Q4'25: +1,962.2% (vs Q4'23)
-
FCF margin FCF growth · Real Estate - Services: +32.2%+18.0% Q4'25: -154.3% (vs Q4'23)
-
EBIT margin Real Estate - Services: +23.7%+47.2% ★ Q4'25: +48.7% (vs Q4'23)
-
ROIC Real Estate - Services: +4.3%+13.5% ★ Q4'25: +20.3% (vs Q4'23)
-
Share dilution Real Estate - Services: +0.0%+0.8% Q4'25: +1.3% (vs Q4'23)
-
Debt / EBITDA Net debt/EBITDA · Real Estate - Services: 1.88×0.95× ★ Q4'25: 0.49× (vs Q4'23)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Jun 2022 actual |
Jun 2023 actual |
Jun 2024 actual |
Jun 2025 actual |
Jun 2026 5 Rev. Ana. 4 EPS Ana. |
Jun 2027 5 Rev. Ana. 4 EPS Ana. |
Jun 2028 4 Rev. Ana. 4 EPS Ana. |
|---|---|---|---|---|---|---|---|
| Revenue |
47.32M
est: 83.61M (-43.4%)
|
94.13M
est: 79.74M (+18.0%)
|
103.38M
est: 97.01M (+6.6%)
|
117.40M
est: 99.09M (+18.5%)
|
134.10M
94.82M – 159.72M
+35.3% YoY
|
153.02M
103.86M – 193.33M
+14.1% YoY
|
168.15M
116.31M – 206.88M
+9.9% YoY
|
| EBITDA |
14.37M
est: 36.50M (-60.6%)
|
54.10M
est: 34.81M (+55.4%)
|
59.93M
est: 42.35M (+41.5%)
|
56.74M
est: 43.25M (+31.2%)
|
58.54M
41.39M – 69.72M
+35.3% YoY
|
66.80M
45.34M – 84.39M
+14.1% YoY
|
73.40M
50.77M – 90.31M
+9.9% YoY
|
| EBIT |
13.67M
est: 34.89M (-60.8%)
|
52.20M
est: 33.28M (+56.8%)
|
57.97M
est: 40.49M (+43.2%)
|
55.36M
est: 41.35M (+33.9%)
|
55.97M
39.57M – 66.66M
+35.3% YoY
|
63.87M
43.35M – 80.69M
+14.1% YoY
|
70.18M
48.54M – 86.34M
+9.9% YoY
|
| Net Income |
12.12M
est: 23.52M (-48.5%)
|
22.54M
est: 22.54M (+0.0%)
|
26.18M
est: 26.18M (+0.0%)
|
33.41M
est: 36.03M (-7.3%)
|
43.87M
43.59M – 44.14M
+21.8% YoY
|
53.58M
48.79M – 53.69M
+22.1% YoY
|
58.15M
53.19M – 63.11M
+8.5% YoY
|
| SGA |
16.92M
est: 32.97M (-48.7%)
|
30.70M
est: 31.44M (-2.4%)
|
33.21M
est: 38.25M (-13.2%)
|
54.51M
est: 39.07M (+39.5%)
|
52.88M
37.39M – 62.98M
+35.3% YoY
|
60.34M
40.96M – 76.24M
+14.1% YoY
|
66.31M
45.86M – 81.58M
+9.9% YoY
|
| EPS |
0.04
est: 0.08 (-47.5%)
|
0.08
est: 0.08 (-1.5%)
|
0.09
est: 0.09 (-2.2%)
|
0.11
est: 0.12 (-8.1%)
|
0.15
0.15 – 0.15
+22.4% YoY
|
0.17
0.16 – 0.18
+16.7% YoY
|
0.19
0.18 – 0.21
+12.5% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-28 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-27 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-26 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-25 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-22 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-21 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-20 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-19 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-18 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-15 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 2/5 | 1/5 |
| 2026-05-14 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 2/5 | 1/5 |
| 2026-05-13 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 2/5 | 1/5 |
| 2026-05-12 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 2/5 | 1/5 |
| 2026-05-11 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-08 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-07 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-06 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-05 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-04 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-01 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-30 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-29 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-28 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-27 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-24 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-23 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-22 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-21 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-20 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-17 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-16 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | VanEck - Small Companies Masters ETF MVS.AX | 2.00% | 2.46M | 0.49% |
| 2 | Avantis International Small Cap Equity ETF AVDS | 0.01% | 35.0K | 0.30% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Mark Fischer | Co-Founder & Global Head of Real Estate | 929.8K | male |
| Andrew J. Schwartz | Co-Founder, Chief Investment Officer, Group MD & Board of Directors | 751.6K | male |
| Philip Dowman | Chief Financial Officer | 595.8K | male |
| Andrew Edwin John Fairley FAICD | Independent Chairman of the Board | 220.5K | male |
| Kathleen Yeung | Global Head of Corporate Development | — | female |
| Kate Stokes | Head of Marketing & Communications | — | female |
| Michelle Christou | Head of People & Culture | — | female |
| Nina Zhang | Head of Investor Relations | — | female |
| Henry Vuu | Head of Total Return Equity | — | male |
| Tim Johansen | Global Head of Investment & Funds Risk and Member of Trustee Board | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for QAL.AX
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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