D-WAVE QUANTUM INC (1QBTS.MI) Stock Fundamental Analysis
Europe - BIT:1QBTS - US26740W1099 - Common Stock
19.55 EUR
-0.43 (-2.13%)
We assign a fundamental rating of 3 out of 10 to 1QBTS. 1QBTS was compared to 107 industry peers in the Software industry. While 1QBTS seems to be doing ok healthwise, there are quite some concerns on its profitability. 1QBTS is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year 1QBTS has reported negative net income.
In the past year 1QBTS has reported a negative cash flow from operations.
1QBTS had negative earnings in each of the past 5 years.
1QBTS had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -46.06%, 1QBTS is not doing good in the industry: 90.65% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of -59.48%, 1QBTS is doing worse than 85.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -46.06% | ||
| ROE | -59.48% | ||
| ROIC | N/A |
ROA(3y)-136.88%
ROA(5y)-119.19%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of 1QBTS (82.82%) is better than 75.70% of its industry peers.
1QBTS's Gross Margin has declined in the last couple of years.
1QBTS 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 | 82.82% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.4%
GM growth 5YN/A
2. Health
2.1 Basic Checks
1QBTS does not have a ROIC to compare to the WACC, probably because it is not profitable.
1QBTS has more shares outstanding than it did 1 year ago.
1QBTS has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 23.99 indicates that 1QBTS is not in any danger for bankruptcy at the moment.
1QBTS has a Altman-Z score of 23.99. This is amongst the best in the industry. 1QBTS outperforms 96.26% of its industry peers.
1QBTS has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.05, 1QBTS belongs to the top of the industry, outperforming 80.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 23.99 |
ROIC/WACCN/A
WACC11.07%
2.3 Liquidity
A Current Ratio of 54.68 indicates that 1QBTS has no problem at all paying its short term obligations.
1QBTS's Current ratio of 54.68 is amongst the best of the industry. 1QBTS outperforms 100.00% of its industry peers.
1QBTS has a Quick Ratio of 54.49. This indicates that 1QBTS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 54.49, 1QBTS belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 54.68 | ||
| Quick Ratio | 54.49 |
3. Growth
3.1 Past
1QBTS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 45.24%, which is quite impressive.
The Revenue has grown by 156.20% in the past year. This is a very strong growth!
1QBTS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.02% yearly.
EPS 1Y (TTM)45.24%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%37.5%
Revenue 1Y (TTM)156.2%
Revenue growth 3Y12.02%
Revenue growth 5YN/A
Sales Q2Q%99.95%
3.2 Future
The Earnings Per Share is expected to grow by 16.18% on average over the next years. This is quite good.
Based on estimates for the next years, 1QBTS will show a very strong growth in Revenue. The Revenue will grow by 90.35% on average per year.
EPS Next Y33.27%
EPS Next 2Y15.83%
EPS Next 3Y12.74%
EPS Next 5Y16.18%
Revenue Next Year172.69%
Revenue Next 2Y106.19%
Revenue Next 3Y99.02%
Revenue Next 5Y90.35%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for 1QBTS. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for 1QBTS. 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 1QBTS's earnings are expected to grow with 12.74% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.83%
EPS Next 3Y12.74%
5. Dividend
5.1 Amount
1QBTS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1QBTS (11/20/2025, 7:00:00 PM)
19.55
-0.43 (-2.13%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners45.86%
Inst Owner ChangeN/A
Ins Owners0.57%
Ins Owner ChangeN/A
Market Cap6.69B
Revenue(TTM)24.14M
Net Income(TTM)-398.81M
Analysts82.5
Price Target21.04 (7.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-18.07%
Min EPS beat(2)-63.4%
Max EPS beat(2)27.25%
EPS beat(4)3
Avg EPS beat(4)2.8%
Min EPS beat(4)-63.4%
Max EPS beat(4)33.03%
EPS beat(8)5
Avg EPS beat(8)-1.25%
EPS beat(12)6
Avg EPS beat(12)-8.79%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)20.59%
Min Revenue beat(2)20.33%
Max Revenue beat(2)20.85%
Revenue beat(4)3
Avg Revenue beat(4)18.96%
Min Revenue beat(4)-4.07%
Max Revenue beat(4)38.73%
Revenue beat(8)3
Avg Revenue beat(8)-4.64%
Revenue beat(12)3
Avg Revenue beat(12)-9.3%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)8.49%
EPS NQ rev (3m)-9.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-44.51%
Revenue NQ rev (1m)-0.54%
Revenue NQ rev (3m)-2.22%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 320.78 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 11.55 | ||
| P/tB | 11.56 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.18
EYN/A
EPS(NY)-0.2
Fwd EYN/A
FCF(TTM)-0.14
FCFYN/A
OCF(TTM)-0.13
OCFYN/A
SpS0.06
BVpS1.69
TBVpS1.69
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -46.06% | ||
| ROE | -59.48% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 82.82% | ||
| FCFM | N/A |
ROA(3y)-136.88%
ROA(5y)-119.19%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.4%
GM growth 5YN/A
F-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 225.38% | ||
| Cap/Sales | 13.06% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 54.68 | ||
| Quick Ratio | 54.49 | ||
| Altman-Z | 23.99 |
F-Score5
WACC11.07%
ROIC/WACCN/A
Cap/Depr(3y)94.89%
Cap/Depr(5y)91.36%
Cap/Sales(3y)12.66%
Cap/Sales(5y)17.02%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)45.24%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%37.5%
EPS Next Y33.27%
EPS Next 2Y15.83%
EPS Next 3Y12.74%
EPS Next 5Y16.18%
Revenue 1Y (TTM)156.2%
Revenue growth 3Y12.02%
Revenue growth 5YN/A
Sales Q2Q%99.95%
Revenue Next Year172.69%
Revenue Next 2Y106.19%
Revenue Next 3Y99.02%
Revenue Next 5Y90.35%
EBIT growth 1Y-16.63%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-31.49%
EBIT Next 3Y-15.22%
EBIT Next 5YN/A
FCF growth 1Y4.21%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9.16%
OCF growth 3YN/A
OCF growth 5YN/A
D-WAVE QUANTUM INC / 1QBTS.MI FAQ
What is the ChartMill fundamental rating of D-WAVE QUANTUM INC (1QBTS.MI) stock?
ChartMill assigns a fundamental rating of 3 / 10 to 1QBTS.MI.
What is the valuation status for 1QBTS stock?
ChartMill assigns a valuation rating of 0 / 10 to D-WAVE QUANTUM INC (1QBTS.MI). This can be considered as Overvalued.
What is the profitability of 1QBTS stock?
D-WAVE QUANTUM INC (1QBTS.MI) has a profitability rating of 1 / 10.
How financially healthy is D-WAVE QUANTUM INC?
The financial health rating of D-WAVE QUANTUM INC (1QBTS.MI) is 6 / 10.