Qube Holdings Limited (QUB.AX)
Industrials · ASX · Australia
Fundamentals
Valuation and ratings
Qube Holdings Limited trades at AUD5.11, close to the AUD4.62 our discounted cash flow model puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 34 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 42.6 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
QUB.AX dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | AUD0.400 | 2 |
| 2025 | AUD0.098 | 2 |
| 2024 | AUD0.091 | 2 |
| 2023 | AUD0.081 | 2 |
| 2022 | AUD0.070 | 2 |
| 2021 | AUD0.060 | 2 |
| 2020 | AUD0.052 | 2 |
| 2019 | AUD0.066 | 2 |
| 2018 | AUD0.074 | 2 |
| 2017 | AUD0.054 | 2 |
| 2016 | AUD0.053 | 2 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
QUB.AX earnings and analyst estimates
Recommendation mix, 6 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Qube Holdings Limited
Qube Holdings Limited, together with its subsidiaries, provides import and export logistics services in Australia, New Zealand, and Southeast Asia. It operates through two segments, Operating Division and Patrick. The company offers logistics and infrastructure solutions, including containerised cargo and grain trading, as well as outsourced industrial logistics across the heavy transport, mobile crane, and renewable energy industries. It also provides import/export supply chain services, such as road and rail transport of containers to and from ports, operation of container parks, customs and quarantine services, warehousing, international freight forwarding, lifting services or equipment, bulk rail and containerised haulage storage, and handling of rural commodities, as well as operation of automotive and break-bulk, grain, intermodal, and regional rail terminals. In addition, the company offers port logistics, such as processing and delivery of energy and forestry products, project, and general cargo; bulk logistics comprising mine-to-ship transport, stockpile management, and storage facilities; container sale, hire, modification, and stevedoring services. Further, it operates Australian Amalgamated terminals. The company was formerly known as Qube Logistics Holdings Limited and changed its name to Qube Holdings Limited in November 2012. Qube Holdings Limited was incorporated in 2011 and is headquartered in Sydney, Australia.
QUB.AX passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Qube Holdings Limited (QUB.AX) undervalued?
Against our discounted cash flow estimate of AUD4.62, QUB.AX at AUD5.11 is 10% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is QUB.AX's P/E ratio?
QUB.AX trades at 42.6 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Qube Holdings Limited (QUB.AX) pay a dividend?
Yes. Qube Holdings Limited yields 2.16% at the current share price. It has paid AUD0.457 per share over the trailing twelve months. It has paid a dividend in each of the last 19 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.