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 16,424 - -
Change - -78.54% 267.65% 256.37% 75.87% 3.32% - -
Enterprise Value (EV) 1 2,692 649.5 2,181 8,698 13,504 14,592 15,078 15,196
Change - -75.87% 235.75% 298.85% 55.25% 8.05% 3.33% 0.79%
P/E -21.7x -13.8x -15.9x -26.8x -24.7x -9.96x -12.2x -13x
PBR - 1.2x 5.28x 24.1x 4.28x 4.57x 5.48x 6.63x
PEG - 0.2x -0x -0x -1.5x -0x 0.7x 2.1x
Capitalization / Revenue 1,531x 62x 115x 210x 122x 36.1x 20.2x 15.5x
EV / Revenue 1,283x 58.4x 98.9x 202x 104x 32.1x 18.5x 14.3x
EV / EBITDA -95.1x -13.3x -28.1x -81.1x -72.3x -33.5x -30.7x -34.2x
EV / EBIT -69.6x -7.58x -13.8x -37.4x -21.3x -14.8x -14.7x -13.5x
EV / FCF - -12x -23.6x -70.3x -45.1x -22.7x -20.3x -18.7x
FCF Yield - -8.32% -4.24% -1.42% -2.22% -4.4% -4.93% -5.34%
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 41.34 41.34 41.34
Nbr of stocks (in thousands) 192,487 199,959 204,705 216,392 354,280 397,297 - -
Announcement Date 3/28/22 3/30/23 2/28/24 2/26/25 2/25/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.67x1.99x15.71x0.44% 368B
7.79x4.34x5.39x-.--% 248B
23.37x9.5x16.79x0.37% 184B
20.75x7.69x14.76x0.15% 152B
25.52x2.35x12.04x0.79% 95.7B
19.1x0.49x8.89x1.67% 55.57B
157.47x9.75x42.96x-.--% 50.87B
34.09x6.01x20.45x1.23% 43.67B
30.27x5.47x16.57x0.89% 46.31B
Average 38.00x 5.29x 17.06x 0.62% 138.16B
Weighted average by Cap. 26.13x 4.81x 14.42x 0.41%

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.