23.45 USD
-1.51 (-6.05%)
23.6849 USD
+0.23 (+1%)
Overall RGTI gets a fundamental rating of 4 out of 10. We evaluated RGTI against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. While RGTI has a great health rating, there are worries on its profitability. RGTI is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year RGTI has reported negative net income.
- RGTI had a negative operating cash flow in the past year.
- In the past 5 years RGTI always reported negative net income.
- In the past 5 years RGTI always reported negative operating cash flow.
1.2 Ratios
- RGTI has a worse Return On Assets (-55.68%) than 89.38% of its industry peers.
- With a Return On Equity value of -94.39%, RGTI is not doing good in the industry: 86.73% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -55.68% | ||
| ROE | -94.39% | ||
| ROIC | N/A |
ROA(3y)-50.88%
ROA(5y)-47.83%
ROE(3y)-91.47%
ROE(5y)-94.71%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With a Gross Margin value of 32.23%, RGTI is not doing good in the industry: 68.14% of the companies in the same industry are doing better.
- In the last couple of years the Gross Margin of RGTI has declined.
- The Profit Margin and Operating Margin are not available for RGTI so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 32.23% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.28%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- RGTI does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, RGTI has more shares outstanding
- There is no outstanding debt for RGTI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- RGTI has an Altman-Z score of 16.73. This indicates that RGTI is financially healthy and has little risk of bankruptcy at the moment.
- RGTI's Altman-Z score of 16.73 is amongst the best of the industry. RGTI outperforms 82.30% of its industry peers.
- RGTI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 16.73 |
ROIC/WACCN/A
WACC10.84%
2.3 Liquidity
- A Current Ratio of 39.22 indicates that RGTI has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 39.22, RGTI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- A Quick Ratio of 39.22 indicates that RGTI has no problem at all paying its short term obligations.
- RGTI has a Quick ratio of 39.22. This is amongst the best in the industry. RGTI outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 39.22 | ||
| Quick Ratio | 39.22 |
3. Growth
3.1 Past
- RGTI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -120.00%.
- RGTI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -36.98%.
- Measured over the past years, RGTI shows a very strong growth in Revenue. The Revenue has been growing by 24.88% on average per year.
EPS 1Y (TTM)-120%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%62.5%
Revenue 1Y (TTM)-36.98%
Revenue growth 3Y24.88%
Revenue growth 5YN/A
Sales Q2Q%-18.12%
3.2 Future
- RGTI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.75% yearly.
- RGTI is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 82.97% yearly.
EPS Next Y81.6%
EPS Next 2Y35.21%
EPS Next 3Y22.35%
EPS Next 5Y14.75%
Revenue Next Year-30.82%
Revenue Next 2Y38.92%
Revenue Next 3Y69.02%
Revenue Next 5Y82.97%
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
- RGTI 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 RGTI. 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 RGTI's earnings are expected to grow with 22.35% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y35.21%
EPS Next 3Y22.35%
5. Dividend
5.1 Amount
- RGTI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
RIGETTI COMPUTING INC / RGTI FAQ
What is the fundamental rating for RGTI stock?
ChartMill assigns a fundamental rating of 4 / 10 to RGTI.
What is the valuation status of RIGETTI COMPUTING INC (RGTI) stock?
ChartMill assigns a valuation rating of 1 / 10 to RIGETTI COMPUTING INC (RGTI). This can be considered as Overvalued.
Can you provide the profitability details for RIGETTI COMPUTING INC?
RIGETTI COMPUTING INC (RGTI) has a profitability rating of 0 / 10.
What is the earnings growth outlook for RIGETTI COMPUTING INC?
The Earnings per Share (EPS) of RIGETTI COMPUTING INC (RGTI) is expected to grow by 81.6% in the next year.