IONQ Valuation

IONQ Inc

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42.740

-0.56(-1.293%)1D

Overview
Forecast
Valuation
Earnings

IONQ Relative Valuation

IONQ's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, IONQ is overvalued; if below, it's undervalued.

Historical Valuation

IONQ Inc (IONQ) is now in the Fair zone, suggesting that its current forward PS ratio of 96.02 is considered Fairly compared with the five-year average of -20.57. The fair price of IONQ Inc (IONQ) is between 16.92 to 86.71 according to relative valuation methord.

Relative Value

Fair Zone

16.92-86.71

Current Price：42.74

Fair

-23.46

Trailing

Forward

-47.61

EV/EBITDA

IONQ Inc. (IONQ) has a current EV/EBITDA of -47.61. The 5-year average EV/EBITDA is -26.35. The thresholds are as follows: Strongly Undervalued below -70.64, Undervalued between -70.64 and -48.49, Fairly Valued between -4.21 and -48.49, Overvalued between -4.21 and 17.94, and Strongly Overvalued above 17.94. The current Forward EV/EBITDA of -47.61 falls within the Historic Trend Line -Fairly Valued range.

-22.62

EV/EBIT

IONQ Inc. (IONQ) has a current EV/EBIT of -22.62. The 5-year average EV/EBIT is -17.89. The thresholds are as follows: Strongly Undervalued below -46.34, Undervalued between -46.34 and -32.12, Fairly Valued between -3.67 and -32.12, Overvalued between -3.67 and 10.55, and Strongly Overvalued above 10.55. The current Forward EV/EBIT of -22.62 falls within the Historic Trend Line -Fairly Valued range.

96.02

IONQ Inc. (IONQ) has a current PS of 96.02. The 5-year average PS is 107.09. The thresholds are as follows: Strongly Undervalued below -88.90, Undervalued between -88.90 and 9.09, Fairly Valued between 205.08 and 9.09, Overvalued between 205.08 and 303.08, and Strongly Overvalued above 303.08. The current Forward PS of 96.02 falls within the Historic Trend Line -Fairly Valued range.

-53.42

P/OCF

IONQ Inc. (IONQ) has a current P/OCF of -53.42. The 5-year average P/OCF is -27.90. The thresholds are as follows: Strongly Undervalued below -77.51, Undervalued between -77.51 and -52.71, Fairly Valued between -3.10 and -52.71, Overvalued between -3.10 and 21.71, and Strongly Overvalued above 21.71. The current Forward P/OCF of -53.42 falls within the Undervalued range.

-47.44

P/FCF

IONQ Inc. (IONQ) has a current P/FCF of -47.44. The 5-year average P/FCF is -22.22. The thresholds are as follows: Strongly Undervalued below -62.18, Undervalued between -62.18 and -42.20, Fairly Valued between -2.23 and -42.20, Overvalued between -2.23 and 17.75, and Strongly Overvalued above 17.75. The current Forward P/FCF of -47.44 falls within the Undervalued range.

IONQ Inc (IONQ) has a current Price-to-Book (P/B) ratio of 9.92. Compared to its 3-year average P/B ratio of 6.48 , the current P/B ratio is approximately 53.19% higher. Relative to its 5-year average P/B ratio of 4.77, the current P/B ratio is about 108.04% higher. IONQ Inc (IONQ) has a Forward Free Cash Flow (FCF) yield of approximately -1.22%. Compared to its 3-year average FCF yield of -3.81%, the current FCF yield is approximately -67.98% lower. Relative to its 5-year average FCF yield of -3.45% , the current FCF yield is about -64.71% lower.

9.92

P/B

Median3y

6.48

Median5y

4.77

-1.22

FCF Yield

Median3y

-3.81

Median5y

-3.45

Competitors Valuation Multiple

The average P/S ratio for IONQ's competitors is 133.80, providing a benchmark for relative valuation. IONQ Inc Corp (IONQ) exhibits a P/S ratio of 96.02, which is -28.24% above the industry average. Given its robust revenue growth of 81.83%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Zebra Technologies Corp

Rigetti Computing Inc

Super Micro Computer Inc

0.77

7.51%

24.69B

Performance Decomposition

Market capitalization of IONQ increased by 389.02% over the past 1 year. The primary factor behind the change was an decrease in Margin Expansion from -330.03 to -857.88.

The secondary factor is the P/E Change, contributed 147.25%to the performance.

Overall, the performance of IONQ in the past 1 year is driven by Margin Expansion. Which is more sustainable.

81.83%

11.38M → 20.69M

Revenue Growth

159.94%

-330.03 → -857.88

Margin Expansion

147.25%

-8.50 → -21.02

P/E Change

389.02%