D-WAVE QUANTUM INC (QBTS)
US26740W1099 - Common Stock
QBTS gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 279 industry peers in the Software industry. QBTS may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, QBTS is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
QBTS had negative earnings in the past year.
In the past year QBTS has reported a negative cash flow from operations.
1.2 Ratios
Looking at the Return On Assets, with a value of -148.94%, QBTS is doing worse than 92.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -148.94% | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)-142.44%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
QBTS has a Gross Margin of 64.27%. This is comparable to the rest of the industry: QBTS outperforms 44.09% of its industry peers.
QBTS's Gross Margin has declined in the last couple of years.
QBTS does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 64.27% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-13.79%
GM growth 5YN/A
2. Health
2.1 Basic Checks
QBTS does not have a ROIC to compare to the WACC, probably because it is not profitable.
QBTS has more shares outstanding than it did 1 year ago.
The debt/assets ratio for QBTS is higher compared to a year ago.
2.2 Solvency
QBTS has an Altman-Z score of -15.78. This is a bad value and indicates that QBTS is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of QBTS (-15.78) is worse than 92.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | -15.78 |
ROIC/WACCN/A
WACC10.63%
2.3 Liquidity
A Current Ratio of 1.36 indicates that QBTS should not have too much problems paying its short term obligations.
With a Current ratio value of 1.36, QBTS perfoms like the industry average, outperforming 41.22% of the companies in the same industry.
A Quick Ratio of 1.28 indicates that QBTS should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.28, QBTS is not doing good in the industry: 60.22% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
QBTS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.46%, which is quite impressive.
The Revenue has grown by 14.23% in the past year. This is quite good.
The Revenue has been growing by 19.28% on average over the past years. This is quite good.
EPS 1Y (TTM)37.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)14.23%
Revenue growth 3Y19.28%
Revenue growth 5YN/A
Sales Q2Q%-27.01%
3.2 Future
QBTS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.88% yearly.
The Revenue is expected to grow by 65.70% on average over the next years. This is a very strong growth
EPS Next Y44.1%
EPS Next 2Y24.81%
EPS Next 3Y18.85%
EPS Next 5Y16.88%
Revenue Next Year-4.91%
Revenue Next 2Y36.47%
Revenue Next 3Y55.54%
Revenue Next 5Y65.7%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
QBTS reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for QBTS. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as QBTS's earnings are expected to grow with 18.85% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y24.81%
EPS Next 3Y18.85%
5. Dividend
5.1 Amount
No dividends for QBTS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
D-WAVE QUANTUM INC
NYSE:QBTS (11/22/2024, 8:04:01 PM)
After market: 3.17 +0.24 (+8.19%)2.93
+0.96 (+48.73%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap656.35M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -148.94% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 64.27% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)37.46%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y44.1%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)14.23%
Revenue growth 3Y19.28%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y