QHSLab, Inc.
USAQAbout the company
QHSLab, Inc., a medical device technology and software-as-a-service (SaaS) company, provides tools to evaluate and treat chronic disease and preventive care through reimbursable procedures. The company focuses on value-based healthcare, informatics, and algorithmic personalized medicine, including digital therapeutics, behavior based remote patient monitoring, and chronic care and preventive medicine.
Investment snapshot
Positive
3
BUY / PASS
Neutral / negative
3 / 10
NEUTRAL / FAIL
Median fair value
$0.22
-40.1% vs price
Models with upside
1 / 17
Positive margin of safety
Strongest signal
8 of 12 pass — Graham, Buffett, Lynch +1 more object
Key risk
No clean pass — all 10 investors flag at least one cash flow criterion
Framework analysis
| Verdict | Meaning |
|---|---|
| BUY | Positive purchase signal: the framework's buy requirements are met. |
| PASS | The company clears the framework's checklist or screen, but the framework does not produce a buy signal. For valuation frameworks this often means margin of safety is missing, insufficient, or unavailable; some screen-only frameworks have no intrinsic-value BUY state. |
| NEUTRAL | Neither a positive nor negative conclusion. It does not mean to hold an existing position. |
| FAIL | The company does not clear the framework's requirements. |
| Ranked | Ranked strategies do not use PASS: selected cohort is BUY, outside the cohort is FAIL, and unranked is NEUTRAL. |
Current investor scores use trailing 12-month flows and the latest balance sheet where supported. Multi-year and EPS tests retain annual history; each framework shows its financial basis below. Intrinsic values use annual financials.
| Metric | Graham Defensive Value | Buffett Quality Compounder | Lynch GARP | Greenblatt Magic Formula | Piotroski F-Score | Dreman Contrarian Value | Munger Quality Focus | Pabrai Dhandho Framework | Akre Three-Legged Stool | Marks Risk-Aware Value | Ackman Activist Value | Templeton Global Bargain Hunter | Sleep Scale Economies Shared | Asness Systematic Factors | Neff Low-P/E Total Return | Schloss Asset-Value Discipline | O'Shaughnessy Systematic Factor Composite |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Verdict | FAIL | FAIL | FAIL | Not ranked | NEUTRAL | PASS | NEUTRAL | FAIL | FAIL | FAIL | PASS | FAIL | FAIL | BUY | FAIL | FAIL | NEUTRAL |
| Score | |||||||||||||||||
| Analysis | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… |
| Intrinsic Value (annual) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
| Margin of Safety | -66.8% | N/A | N/A | -1735.0% | N/A | N/A | N/A | +38.8% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financial Basis | TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Annual history · FY 2025 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Market data at 2026-11-01 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 · Market data at 2026-11-01 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Annual history · FY 2025 · Price history 2025-01-01–2026-11-01 Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment Latest source filing: 2026-03-30 Score computed: 2026-11-14 | TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Price history 2025-01-01–2026-11-01 · Annual history · FY 2025 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Annual history · FY 2025 · Balance sheet at 2026-09-30 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | TTM ended 2026-09-30 · Annual history · FY 2025 · Price history 2025-01-01–2026-11-01 Latest source filing: 2026-11-12 Score computed: 2026-11-14 |
Where It Passes
- Debt & Leverage67% pass✓ 11✗ 4▾
8 of 12 pass — Graham, Buffett, Lynch +1 more object
LT Debt vs Net Current Assets✗GrahamLT Debt <= Net Current AssetsDebt/Equity & Interest CoverageD/E: 0.07, IC: 0.6x✗BuffettD/E < 0.5 AND Interest Coverage > 5xTotal Debt / Equity0.07✓Lynch< 0.33Cash - Long-term Debt✗LynchPositive preferredLT Debt / Total Assets Change0.00% -> 0.00%✓PiotroskiDecreased YoYCurrent Assets / Current Liabilities2.10✓Dreman> 1.5✓SchlossCurrent ratio >= 1.50x (app cutoff)Total Debt / Shareholders' Equity0.07✓Dreman< 0.8✓Templeton< 1.0 (fixed cap; proxy for below-sector-median leverage)✓SchlossD/E < 1.00xDebt Levels0.07✓MungerDebt/Equity < 0.5✓AkreDebt/Equity < 0.3Interest Coverage & Debt/EBITDAIC=0.6x, D/EBITDA=0.5x✗MarksInterest Coverage > 3x; Debt/EBITDA < 4xTotal Debt / Shareholders Equity0.07✓Ackman<= 1.0Negative debt-to-equity (higher means less debt)-0.0681; #1124/4210 (top 26.7%)✓AsnessTop 30% of eligible cross-section
Where It Falls Short
- Cash Flow0% pass✓ 1✗ 11▾
No clean pass — all 10 investors flag at least one cash flow criterion
Free Cash Flow Proxy✗BuffettPositive and growingFCF Positive and Growing✗LynchPositive and growingOperating Cash Flow$0.2M✓PiotroskiCFO > 0(CFO / Total Assets) vs ROACFO/Assets=8.20%, ROA=21.07%✗PiotroskiCFO/Assets > ROAPrice / (CFO / Shares)31.0x✗Dreman< 8xP/E or FCF YieldP/E=18.4x✗PabraiP/E < 15 or FCF Yield > 10%FCF Positive✗MarksPositive FCF in majority of recent years(OCF - CapEx) / Market Cap✗Ackman>= 4%Price / FCF per Share✗Ackman<= 25Positive Operating Cash Flow frequency2/15 years positive✗SleepPositive OCF in >= 70% of available yearsOperating Cash Flow - Capital Expenditures✗Neff> $0 (app proxy for a strong fundamental case)(Operating cash flow - capex) / market capitalization✗OshaughnessyTop 10% of eligible cross-section - Profitability6% pass✓ 12✗ 23▾
15 of 16 flag USAQ's profitability — Graham, Buffett, Lynch +12 more
Net income / market capitalization+7.93%; #1005/6340 (top 15.9%)✓AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-sectionPositive EPS (10 years)1/18 years positive✗GrahamPositive EPS every year for 10 yearsEPS Growth (3-yr avg, 10-yr window)✗Graham>= 33% growthNet Income Positive (10+ years)1/18 years positive✗BuffettPositive every year for 10+ yearsROE (up to 5-year arithmetic mean)-457.2%✗Buffett> 15% arithmetic mean (app rule)Operating Margin (10-yr trend)4.9% (latest)✓BuffettStable or rising over 10 yearsFree Cash Flow Proxy✗BuffettPositive and growingEarnings Variance (10-yr CoV)N/A (negative mean EPS)✗BuffettCoV < 0.3Retained Earnings Effectiveness✗Buffett$1 retained -> > $1 market value createdBasic earnings-growth PEG (dividends excluded)P/E 18.4x (growth N/A)✗Lynch< 1.0 (ideally < 0.5)3-5 Year EPS CAGR✗Lynch15-30% (Fast Grower); > 0% to passROE29.1%✓Lynch> 15%EBIT / Enterprise Value2.6%✗Greenblatt> 10%Earnings Yield + ROC AssessmentEY=2.6%, ROC=None✗GreenblattBoth EY > 10% and ROC > 25%Net Income / Total Assets21.07%✓PiotroskiROA > 0ROA Change YoY-14.41% -> 21.07% (delta: +35.48%)✓PiotroskiCurrent ROA > Prior ROA(CFO / Total Assets) vs ROACFO/Assets=8.20%, ROA=21.07%✗PiotroskiCFO/Assets > ROAGross Margin Change YoY63.7% -> 67.3%✓PiotroskiImproved YoYPre-Tax Income / Revenue17.0%✓Dreman>= 8%Net Income / Shareholders' Equity29.1%✓Dreman> 12%Margin of SafetyP/E=18.4x, P/B=3.4x✗PabraiP/B < 1.5 or P/E < 15Return on Equity-457.2% (3-yr avg)✗AkreROE > 20% (3-year avg)Discount to Intrinsic ValueN/A (negative normalized EPS)✗Marks>= 20% below intrinsic valuePositive Net Income Frequency1/16 years positive✗MarksPositive net income in >= 7 of last 10 yearsOperating Income / Revenue-2.2%✗Ackman>= 15%Net Income / Shareholders Equity29.1%✓Ackman>= 15%5-Year EPS CAGR✗Templeton> 0% (5-year EPS CAGR)Operating Margin Trend-17.0% (2023) -> 4.9% (2025)✓TempletonNon-negative operating-margin trend over 3 yearsRevenue growth vs. gross and operating margin trendgross margin 56.3% -> 67.3%, operating margin -17.0% -> 4.9%✗SleepRevenue rising; gross margin flat or falling; operating margin holdingGross profit / total assets+115.08%; #109/3702 (top 2.9%)✓AsnessTop 30% of eligible cross-sectionNet income / positive book equity+29.06%; #464/5226 (top 8.9%)✓AsnessTop 30% of eligible cross-sectionNegative 5-year standard deviation of ROA-0.2427; #4418/5884 (top 75.1%)✗AsnessTop 30% of eligible cross-section3-5 Year Diluted EPS CAGR✗Neff7%-20% annualizedPositive Diluted-EPS Years1/10 years positive✗Schloss>= 70% positive over 5-10 observed years (app rule) - Valuation8% pass✓ 2✗ 26▾
12 of 13 flag USAQ's valuation — Graham, Lynch, Greenblatt +9 more
Net income / market capitalization+7.93%; #1005/6340 (top 15.9%)✓AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-sectionPrice / 3-yr avg EPS✗Graham<= 15xPrice-to-Book Ratio3.4x✗Graham<= 1.5xP/E x P/B✗Graham<= 22.5Basic earnings-growth PEG (dividends excluded)P/E 18.4x (growth N/A)✗Lynch< 1.0 (ideally < 0.5)EBIT / Enterprise Value2.6%✗Greenblatt> 10%Earnings Yield + ROC AssessmentEY=2.6%, ROC=None✗GreenblattBoth EY > 10% and ROC > 25%Price / EPS18.4x✗Dreman< 12x✗Templeton< 12x (fixed ceiling; proxy for the market's cheapest 40%)Price / (CFO / Shares)31.0x✗Dreman< 8xPrice / Book Value per Share3.4x✗Dreman< 1.2x✗Templeton< 1.5x✗SchlossP/B <= 0.80x (app cutoff)Valuation ReasonablenessP/E=18.4x, OE Yield=9.9%✓MungerP/E < 25 or Owner Earnings Yield > 5%P/E or FCF YieldP/E=18.4x✗PabraiP/E < 15 or FCF Yield > 10%P/B or P/E vs. Historical AverageP/E=18.4x, P/B=3.4x✗MarksP/E < 15 or P/B < 2.0Discount to Intrinsic ValueN/A (negative normalized EPS)✗Marks>= 20% below intrinsic valuePrice / FCF per Share✗Ackman<= 25Price vs. Trailing Low224% of trailing low ($0.16)✗Templeton<= 120% of trailing low (certified split-adjusted live window)Positive book equity / market capitalization+0.2730; #3824/6449 (top 59.3%)✗AsnessTop 30% of eligible cross-sectionPrice / Diluted EPS18.4x✗NeffP/E <= 15x (app proxy for a P/E 40%-60% below the market)(EPS CAGR % + Dividend Yield %) / P/E✗Neff> 0.7 (Neff's published traditional edge)Price / Tangible Book Value per Share16.37x✗SchlossP/TBV <= 1.00x (app cutoff)Book Value per Share Change✗SchlossLatest BVPS >= earliest BVPS over >= 3 years (app rule)Revenue / market capitalization+0.5360; #2543/5247 (top 48.5%)✗OshaughnessyTop 10% of eligible cross-section(Operating cash flow - capex) / market capitalization✗OshaughnessyTop 10% of eligible cross-sectionTrailing six-month price return through the evaluation date-31.14%; #4463/6202 (top 72.0%)✗OshaughnessyTop 10% of eligible cross-section - Growth13% pass✓ 5✗ 8▾
7 of 8 flag USAQ's growth — Graham, Lynch, Dreman +4 more
EPS Growth (3-yr avg, 10-yr window)✗Graham>= 33% growthBasic earnings-growth PEG (dividends excluded)P/E 18.4x (growth N/A)✗Lynch< 1.0 (ideally < 0.5)3-5 Year EPS CAGR✗Lynch15-30% (Fast Grower); > 0% to passInventory Growth vs Revenue GrowthInv: -14.3% vs Rev: 26.3%✓LynchInventory growth < Revenue growthEPS Growth Direction$-0.06 (2013) -> $0.02 (2025)✓DremanPositive over recent yearsEPS CAGR✗Dreman> 5% annualizedPositive Net Income Frequency1/16 years positive✗MarksPositive net income in >= 7 of last 10 years3yr Median Revenue Growth26.3%✓Ackman>= 5%Positive EPS Growth Frequency3/5 years with positive EPS growth✓AckmanPositive EPS growth in >= 3 of last 5 years5-Year EPS CAGR✗Templeton> 0% (5-year EPS CAGR)Revenue growth vs. gross and operating margin trendgross margin 56.3% -> 67.3%, operating margin -17.0% -> 4.9%✗SleepRevenue rising; gross margin flat or falling; operating margin holding5-year Revenue CAGR84.9%✓SleepCAGR > 7%3-5 Year Diluted EPS CAGR✗Neff7%-20% annualized - Verdicts23% pass✓ 3✗ 10▾
Split decision: 10 FAIL · 3 NEUTRAL · 2 PASS · 1 BUY
Overall verdict✗GrahamFAIL (1/9)✗BuffettFAIL (1/9)✗LynchFAIL (3/7)•GreenblattNot ranked•PiotroskiNEUTRAL (F-Score 7)✓DremanPASS (5/11)•MungerNEUTRAL (3/4)✗PabraiFAIL (0/3)✗AkreFAIL (1/6)✗MarksFAIL (0/5)✓AckmanPASS (5/9)✗TempletonFAIL (3/8)✗SleepFAIL (1/6)✓AsnessBUY (Rank #440/2370 (Top 18.6%))✗NeffFAIL (1/6)✗SchlossFAIL (2/7)•OshaughnessyNEUTRAL (Not ranked) - Valuation models33% pass✓ 1✗ 2▾
Models split on USAQ at $0.37 — fair values range $0.02–$0.60
Graham fair value$0.22✗Graham-66.8% margin vs $0.37Greenblatt fair value$0.02✗Greenblatt-1735.0% margin vs $0.37Pabrai fair value$0.60✓Pabrai+38.8% margin vs $0.37 - Efficiency38% pass✓ 4✗ 7▾
5 of 8 flag USAQ's efficiency — Buffett, Greenblatt, Munger +2 more
Current Ratio2.10✓Graham>= 2.0ROIC (3-5 yr avg)-160.4%✗Buffett> 10%ROIC - WACC-170.4%✗BuffettPositive (WACC = 10%)EBIT / (NWC + Net Fixed Assets)✗Greenblatt> 25%Current Ratio Change YoY0.17 -> 1.96✓PiotroskiIncreased YoYRevenue / Total Assets Change YoY1.18x -> 1.24x✓PiotroskiImproved YoYCurrent Assets / Current Liabilities2.10✓Dreman> 1.5Return on Invested Capital6.0%✗Munger> 15%ROIC (high and growing)FY2023: ROIC=unavailable; FY2024: ROIC=unavailable; FY2025: ROIC=6.0%✗AkreLatest 3 consecutive FYs: ROIC > 15% in eachReinvestment Rate x ROIC6.0% (RR=100% x ROIC=6.0%)✗AkreReinvestment Rate * ROIC > 10%ROIC (5-year)0/3 years above 12% (latest 6.0%)✗SleepROIC > 12% in a majority of years
Business & financials
Financial snapshot: annual FY 2025. Current investor scores may use newer quarterly data.
Company Profile
Financial Snapshot
Shareholder Return
Fiscal 2025
Share retirement not available for this company.
- Buybacks
- $950.5K
- Dividends
- —
Company Financials
Latest TTM and quarters alongside annual years
TTM sums four consecutive quarters and uses the latest quarter-end balances. Quarter columns show three-month results; annual columns show full-year totals. Growth compares the same period a year earlier. EPS is not added for TTM; full-year ratios are blank for quarters.
The latest annual period end is unavailable. Showing the latest fiscal cycle’s quarters; quarter and annual columns may overlap. Quarterly shows the full quarter history.
| Metric | TTM · 2026-09-30 2025-10-01 – 2026-09-30 Sources · derived quarter valuesDerived from cumulative filings: revenue, net income, operating income, gross profit, ebit, interest expense, operating cash flow, depreciation amortization. | Q3 FY 2026 2026-07-01 – 2026-09-30 Sources · derived quarter valuesDerived from cumulative filings: operating cash flow, depreciation amortization. | Q2 FY 2026 2026-04-01 – 2026-06-30 Sources · derived quarter valuesDerived from cumulative filings: operating cash flow, depreciation amortization. | Q1 FY 2026 2026-01-01 – 2026-03-31 Sources | FY 2025Sources
| FY 2024Sources
| FY 2023Sources
| FY 2022Sources
| FY 2021Sources
|
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.5Mcurrent | -- | -- | -- | $10.4Mest. | $2.0Mest. | $1.7Mest. | $1.5Mest. | $5.3Mest. |
| Revenue | $3.0M↑13% | $677.2K↓8% | $847.5K↑40% | $728.7K↑13% | $2.7M↑26% | $2.1M↑51% | $1.4M↑13% | $1.2M↓12% | $1.4M |
| Operating Income | -$64.0K↓138% | -$50.4K↓152% | $45.2K↑293% | -$94.4K↓684% | $131.2K↓36% | $205.7K↑186% | -$240.2K↑57% | -$560.5K↓12% | -$502.3K |
| Net Income | $437.6K↑213% | -$53.1K↓259% | $38.0K↑172% | -$103.9K↓31% | $457.4K↑276% | -$259.2K↑45% | -$468.4K↑53% | -$996.0K↓29% | -$770.2K |
| EPS (Diluted) | -- | $0.00 | $0.00 | $0.00↑100% | $0.02↑167% | $-0.03↑40% | $-0.05↑55% | $-0.11↓10% | $-0.10 |
| Gross Margin | 68.2%↑3% | 69.2%↑3% | 69.6%↑6% | 64.6%↓3% | 67.3%↑6% | 63.7%↑13% | 56.3%↑13% | 49.8%↑5% | 47.4% |
| Operating Margin | -2.2%↓134% | -7.4%↓157% | 5.3%↑180% | -13.0%↓594% | 4.9%↓49% | 9.7%↑157% | -17.0%↑62% | -45.1%↓27% | -35.5% |
| ROE | 29.1%↓54% | — | — | — | 28.1%↓34% | 42.7%↓66% | 124.7%↑110% | -1306.3%↓1298% | -93.5% |
| Total Debt | -- | -- | -- | $73.8K↑274% | $110.7K↑67% | $66.3K↓62% | $174.1K↑87% | $93.1K↑455% | $16.8K |
| Shareholders' Equity | $1.5M↑347% | $1.5M↑347% | $1.6M↑342% | $1.5M↑357% | $1.6M↑367% | -$607.8K↓62% | -$375.6K↓593% | $76.2K↓91% | $824.1K |
| Current Ratio | 2.10↑1050% | 2.10↑1050% | 1.82↑1008% | 1.68↑1066% | 1.96↑1023% | 0.17↑130% | 0.08↓55% | 0.17↓67% | 0.51 |
| Debt / Equity | — | — | — | 0.05↑245% | 0.07↑162% | -0.11↑76% | -0.46↓138% | 1.22↑5895% | 0.02 |
| Operating Cash Flow | -$237.0K↓275% | -$126.9K↓4980% | -$7.8K↓106% | -$200.2K↓304% | $178.1K↑25% | $142.4K↑189% | -$159.6K↑55% | -$351.0K↑1% | -$354.7K |
| Free Cash Flow | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Score history
Historical Score Timeline
Industry peers
Industry Peers
Similar companies in Medical Equipment
USAQ vs Peers — Financial Grading
| Company | Market Cap | Price | Revenue | Net Income | ROE | D/E | Op. Margin | Curr. Ratio | Graham | Buffett | Lynch | Greenblatt | Piotroski | Dreman |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALCON INCALC | $35.6B | $74.12 | $10.4B | $980.0M | 4.4% | 0.21 | 13.1% | 2.12 | 2/9 | 1/9 | 3/7 | 0/3 | F-Score 6 | 4/11 |
| KONINKLIJKE PHILIPS NVPHG | $29.7B | $30.34 | $21.0B | $1.1B | 8.2% | 0.64 | 8.0% | 1.32 | 1/9 | 1/9 | 1/7 | 0/3 | F-Score 5 | 3/11 |
| WEST PHARMACEUTICAL SERVICES INCWST | $29.0B | $416.42 | $3.1B | $493.7M | 15.5% | 0.06 | 19.0% | 3.02 | 4/9 | 6/9 | 6/7 | 1/3 | F-Score 7 | 5/11 |
| SMITH & NEPHEW PLCSNN | $13.1B | $31.28 | $6.2B | $625.0M | 11.8% | 0.59 | 12.9% | 2.57 | 2/9 | 0/9 | 1/7 | 0/3 | F-Score 6 | 4/11 |
| MSA Safety IncMSA | $6.7B | $174.17 | $1.9B | $278.9M | 20.4% | 0.42 | 19.8% | 3.01 | 5/9 | 5/9 | 4/7 | 1/3 | F-Score 5 | 7/11 |
| STAAR SURGICAL COSTAA | $1.3B | $26.39 | $239.4M | $80.4M | -23.4% | — | -38.3% | 4.55 | 2/9 | 2/9 | 2/7 | 0/3 | F-Score 3 | 3/11 |
| ARTIVION, INC.AORT | $931.9M | $19.10 | $441.3M | $9.8M | 2.2% | 0.48 | 7.6% | 3.53 | 2/9 | 0/9 | 0/7 | 0/3 | F-Score 7 | 1/11 |
| InMode Ltd.INMD | $763.6M | $13.27 | $370.5M | $93.8M | 13.7% | — | 23.0% | 9.88 | 5/9 | 3/9 | 0/7 | 3/3 | F-Score 4 | 4/11 |