D-Wave Quantum (QBTS) Fundamental Analysis: Revenue, Earnings & Valuation

9.35 / 10

Outperform

Fundamentally, QBTS is rated Outperform with a 9.3/10 quality score. Net‑income‑to‑revenue and cash growth are strong, while PB‑ROE and Asset‑MV lag, creating modest risk. Overall, fundamentals are excellent.

Analysis Checks(8/10)

Revenue-MV

Value-5.67

Score2/3

Weight46.98%

1M Return5.99%

Operating cycle

Value209.62

Score3/3

Weight45.61%

1M Return5.17%

Profit-MV

Value0.68

Score2/3

Weight18.71%

1M Return2.61%

Net income-Revenue

Value-0.04

Score3/3

Weight47.62%

1M Return5.71%

PB-ROE

Value7.25

Score1/3

Weight-29.61%

1M Return-3.92%

Cash-UP

Value-0.16

Score2/3

Weight-47.65%

1M Return-8.52%

Long-term debt to working capital ratio (%)

Value0.05

Score2/3

Weight2.94%

1M Return0.32%

Asset-MV

Value-0.55

Score0/3

Weight-30.21%

1M Return-5.57%

Inventory turnover days

Value187.61

Score2/3

Weight0.90%

1M Return0.11%

Cash-MV

Value0.03

Score3/3

Weight44.71%

1M Return5.94%

Is QBTS undervalued or overvalued?

QBTS scores 9.35/10 on fundamentals and holds a Discounted valuation at present. Backed by its -77.62% ROE, -1444.10% net margin, -15.13 P/E ratio, 6.30 P/B ratio, and -48.00% earnings growth, these metrics solidify its Outperform investment rating.