# Arqit Quantum Inc. (ARQQ) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $21.37, market value $372 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Arqit Quantum Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 701.7×**. Each dollar of revenue is priced at 701.7×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 12.4×**. The shares trade at 12.4× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -8.1%** (5-yr avg -34.6%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Return on equity: -129.8%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 367.1%**. Return on all capital, debt included, is 367.1%: comfortably above what that capital costs.
- **Return on assets: -82.5%**. Each dollar of assets produces -82.5% of profit.

## Growth
- **Revenue growth (1 yr): 80.9%** (3-yr -58.1%/yr). Revenue grew 80.9% over the last year.
- **EPS growth (1 yr): 76.3%**. Earnings per share rose 76.3%, roughly in step with revenue.

## Financial health
- **Debt to equity: 0.03**. Debt is 0.03 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.0×**. It would take 1.0 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: -732.7×**. Operating profit covers interest only -732.7×: fragile.
- **Current ratio: 2.69** (quick 2.69). Current assets cover the next year's liabilities 2.69 times.
- **Altman Z-score: 13.19**. A Z-score of 13.19 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Arqit Quantum Inc. does not currently pay a dividend, but it returned -10.0% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): -22.0%** (YTD -2.3%, 3-mo 76.0%). The shares are down 22.0% over twelve months including dividends.
- **From 52-week high: -65.5%** (85.5% above the low). Trading 66% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 53**. An RSI of 53 is neutral.
- **Beta (1 yr): 4.08** (volatility 116%). Beta of 4.08 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ARQQ · Page: https://foliofundamentals.com/stocks/arqq

Not investment advice.