NYSE
QBTS
Last Price
US $23.99
KEY FIGURES
MKT CAP
$8.4B
EPS
TTM
$-1.00
PEG
TTM
N/M
P/E
TTM
N/M
P/S
TTM
339.98x
YIELD
0.00%
GROWTH
Revenue Y/Y
Cash Flow (DCF)
Fair Value
Market $23.99
-97.54%
Default assumptions
EBITDA Multiple
Fair Value
Market $23.99
—
Default assumptions
Valuation
Financial
Performance
Financial risk - Cash flow debt coverage.
D-Wave Quantum Inc. cash flow to debt ratio of -165.64% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.
Financial risk - Healthy cash flow growth.
D-Wave Quantum Inc.'s free cash flow has decreased 69.49% from $-44.75M last year to $-75.84M, signaling decreasing performance
Financial stability - Healthy debt to equity ratio.
D-Wave Quantum Inc.'s debt to equity ratio is 0.04, which means that the company's assets are healthy financed, signaling financial stability. READ MORE: A ratio under 0.60 means the company finances its assets with own equity, signaling financial stability and good management.
Financial stability - Healthy debt to equity ratio development.
D-Wave Quantum Inc.'s debt has decreased relative to shareholder equity from 0.61 last year to 0.04 today, signaling strengthened financials
Financial risk - Net debt/EBITDA.
D-Wave Quantum Inc. has negative EBITDA, making leverage ratio unreliable
Financial stability - ICR.
D-Wave Quantum Inc. earns at least as much interest as it pays. Interest obligations are fully covered.
Financial risk - Profit margin growth.
D-Wave Quantum Inc.'s profit margin has decreased (81.43%) in the last year from -1.63K% to -2.96K%, signaling decreasing performance
Financial stability - Short term assets vs short term liabilities.
D-Wave Quantum Inc.'s short-term assets of $896.23M exceed its short-term liabilities of $21.15M
Decreasing performance - ROA.
D-Wave Quantum Inc.'s return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization
Decreasing performance - Absolute return on equity.
D-Wave Quantum Inc.'s return on equity of -44.05%, is lower than 15.00%, indicating bad performance
Decreasing performance - Earnings quality.
D-Wave Quantum Inc.'s operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation
Decreasing performance - Earnings stability.
D-Wave Quantum Inc. had positive net income in only 0.00 out of 5 years, indicating unstable earnings
Decreasing performance - Free cash flow.
D-Wave Quantum Inc. has negative free cash flow, indicating the company is burning cash rather than generating it
Decreasing performance - FCF yield.
D-Wave Quantum Inc. has negative free cash flow, indicating cash burn
Decreasing performance - Healthy earnings growth.
D-Wave Quantum Inc.'s yearly earnings has decreased 146.78% since last year from $-143.88M to $-355.06M, signaling decreasing performance
Increasing performance - Healthy revenue growth.
D-Wave Quantum Inc.'s yearly revenue has increased 178.54% since last year from $8.83M to $24.59M, signaling increasing performance
Decreasing performance - ROIC.
ROIC -11.38% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.
Increasing performance - 3-year revenue CAGR.
D-Wave Quantum Inc.'s 3-year revenue CAGR of 50.78% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
D-Wave Quantum Inc. had revenue growth in 5.00 out of 5 years, indicating consistent revenue performance
Decreasing performance - ROE consistency.
D-Wave Quantum Inc. had positive ROE in only 0.00 out of 5 years, indicating inconsistent returns on equity
Overvalued - DCF valuation.
D-Wave Quantum Inc. is overvalued relative to its fair value price of 0.59 based on Discounted Cash Flow model
Overvalued - Earnings yield.
D-Wave Quantum Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails
Overvalued - EBITDA valuation.
D-Wave Quantum Inc. is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model
Overvalued - EV/EBITDA.
D-Wave Quantum Inc. has negative or missing EBITDA, making EV/EBITDA ratio unreliable
Overvalued - PEG ratio value.
D-Wave Quantum Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails
Overvalued - P/B ratio.
D-Wave Quantum Inc. has a price-to-book ratio of 7.44x, which exceeds the 5.00x threshold, indicating the stock may be overvalued relative to its book value
Overvalued - P/S ratio.
D-Wave Quantum Inc. has a price-to-sales ratio of 671.73x, which exceeds the 8.00x threshold, indicating the stock may be overvalued relative to its revenue
Profit margin
Current Ratio
Capital Returns
-44.05%
Return on equity
ROIC: -11.38%
Valuation History
-19.8X
Price to Earnings
EV/EBITDA: -20.9X
Cash flow
Profit margin
36.65%
(FY vs FY)
EBITDA Y/Y
-47.38%
(FY vs FY)
Cash flow Y/Y
-16.89%
(FY vs FY)
EARNINGS FV (GRAHAM)
Fair Value
Market $23.99
—
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.