# Horizon Quantum Holdings Ltd. Class A (HQ) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $15.56, market value $840 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Horizon Quantum Holdings Ltd. Class A 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: 3171.5×**. Each dollar of revenue is priced at 3171.5×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 19.2×**. The shares trade at 19.2× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -2.2%**. 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: 118.0%**. A 118.0% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 103.6%**. Return on all capital, debt included, is 103.6%: comfortably above what that capital costs.
- **Return on assets: -113.8%**. Each dollar of assets produces -113.8% of profit.

## Growth
- **Revenue growth (1 yr): 599.5%**. Revenue grew 599.5% over the last year.
- **EPS growth (1 yr): -40.5%**. Earnings per share fell 40.5%, slower than revenue, so margins compressed.

## Financial health
- **Net debt / EBITDA: net cash**. Horizon Quantum Holdings Ltd. Class A holds more cash than debt.
- **Interest coverage: -158.8×**. Operating profit covers interest only -158.8×: fragile.
- **Current ratio: 0.10** (quick 0.10). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 45.70**. A Z-score of 45.70 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Horizon Quantum Holdings Ltd. Class A does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (2 analysts). 2 analysts cover Horizon Quantum Holdings Ltd. Class A; the consensus is strong_buy, with an average price target of $20.50 (+32% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **From 52-week high: -65.4%** (87.7% above the low). Trading 65% below its 52-week high, deep in a drawdown.
- **RSI (14-day): 47**. An RSI of 47 is neutral.
- **Beta (1 yr): 4.27** (volatility 175%). Beta of 4.27 against the S&P 500: the shares move much more than the market.

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

Not investment advice.