Company Valuation: IonQ, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,215 689.9 2,536 9,039 15,897 17,199 - -
Change - -78.54% 267.65% 256.37% 75.87% 8.19% - -
Enterprise Value (EV) 1 2,692 649.5 2,181 8,698 13,504 15,367 15,852 15,971
Change - -75.87% 235.75% 298.85% 55.25% 13.79% 3.16% 0.75%
P/E -21.7x -13.8x -15.9x -26.8x -24.7x -10.4x -12.7x -13.6x
PBR - 1.2x 5.28x 24.1x 4.28x 4.78x 5.74x 6.94x
PEG - 0.2x -0x -0x -1.5x -0x 0.7x 2.2x
Capitalization / Revenue 1,531x 62x 115x 210x 122x 37.8x 21.1x 16.2x
EV / Revenue 1,283x 58.4x 98.9x 202x 104x 33.8x 19.5x 15.1x
EV / EBITDA -95.1x -13.3x -28.1x -81.1x -72.3x -35.3x -32.3x -35.9x
EV / EBIT -69.6x -7.58x -13.8x -37.4x -21.3x -15.5x -15.5x -14.2x
EV / FCF - -12x -23.6x -70.3x -45.1x -23.9x -21.3x -19.7x
FCF Yield - -8.32% -4.24% -1.42% -2.22% -4.18% -4.69% -5.08%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.77 -0.25 -0.78 -1.56 -1.82 -4.152 -3.398 -3.188
Distribution rate - - - - - - - -
Net sales 1 2.099 11.13 22.04 43.07 130 455.1 814.4 1,060
EBITDA 1 -28.3 -48.68 -77.72 -107.2 -186.8 -435.2 -491 -444.6
EBIT 1 -38.69 -85.75 -157.8 -232.5 -633.7 -989.3 -1,023 -1,124
Net income 1 -106.2 -48.51 -157.8 -331.6 -510.4 -1,716 -1,364 -1,379
Net Debt 1 -522.5 -40.32 -355.4 -340.3 -2,392 -1,832 -1,347 -1,228
Reference price 2 16.70 3.45 12.39 41.77 44.87 43.29 43.29 43.29
Nbr of stocks (in thousands) 192,487 199,959 204,705 216,392 354,280 397,297 - -
Announcement Date 3/28/22 A 3/30/23 A 2/28/24 A 2/26/25 A 2/25/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.47x1.98x15.58x0.44% 365B
7.64x4.24x5.28x-.--% 243B
23.47x9.48x16.81x0.37% 183B
21.1x7.8x15x0.14% 154B
24.95x2.3x11.8x0.81% 93.56B
19.23x0.5x8.96x1.66% 55.96B
151.84x9.39x41.37x-.--% 49.05B
35.43x6.26x21.29x1.18% 45.5B
29.33x5.3x16.04x0.92% 44.87B
Average 37.38x 5.25x 16.90x 0.61% 137.12B
Weighted average by Cap. 25.73x 4.79x 14.33x 0.42%

Y-o-Y evolution of P/E

Valuation ratios - P/E - IonQ, Inc.

Historical PBR trend

Valuation ratios - PBR - IonQ, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - IonQ, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - IonQ, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - IonQ, Inc.