# Pasqal Holding SA Ordinary Share (PSQL) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Computer Hardware. Price $7.96, market value $1.7 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Pasqal Holding SA Ordinary Share 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: 102.6×**. Each dollar of revenue is priced at 102.6×, a level that requires very high margins or very fast growth to justify.
- **Free-cash-flow yield: -2.1%**. Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 49.0%**. Pasqal Holding SA Ordinary Share keeps 49.0% of revenue after the direct cost of what it sells.
- **Operating margin: -304.3%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -560.8%**. The company reported a net loss over the last twelve months.
- **Return on invested capital: -105.2%**. Return on all capital, debt included, is -105.2%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -49.2%**. Each dollar of assets produces -49.2% of profit.

## Growth
- **Revenue growth (1 yr): 369.4%**. Revenue grew 369.4% over the last year.

## Financial health
- **Net debt / EBITDA: net cash**. Pasqal Holding SA Ordinary Share holds more cash than debt.
- **Interest coverage: -11.4×**. Operating profit covers interest only -11.4×: fragile.
- **Current ratio: 0.67** (quick 0.60). 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: 4.13**. A Z-score of 4.13 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Pasqal Holding SA Ordinary Share does not currently pay a dividend, but it returned -1.8% of its market value through buybacks over the last year.

## Price and momentum
- **From 52-week high: -67.8%** (7.3% above the low). Trading 68% below its 52-week high, deep in a drawdown.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): -0.28** (volatility 133%). Beta of -0.28 against the S&P 500: the shares move much less than the market.

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

Not investment advice.