* Note: Prices are in Million (M) USD.
Description:
IONQ Inc. is a trailblazer in the quantum computing industry, dedicated to the development of cutting-edge quantum processors and sophisticated software solutions aimed at solving complex computational problems across various sectors, including finance, logistics, and pharmaceuticals. Founded in 2015, the company utilizes a cloud-based platform that enhances accessibility to quantum technology, solidifying its position as a leader in the market. With a strong portfolio of intellectual property and strategic collaborations, IONQ is strategically poised to capitalize on the growing demand for quantum applications, presenting a significant investment opportunity for institutional investors focused on revolutionary technological change.
These criteria used Company's Cash, EBITDA and Debt balance to determines its fair value:
Cash : $1,236 M
Debt : $12 M
EBITDA : $1,821 M
Since Cash is greater than Total Debt, 5 points assigned.
This criteria used industry in which company operates:
Sector: Real estate & construction
Industry: Blank checks
Based on industry, 3 points assigned.
This criteria used Company's Price To Earning (P/E) Ratio to determines its fair value:
Message: Cannot calculate PE Ratio since EPS is either 0 or negative.
Using default values for calculation.
Forward PE Ratio (using default values): 20.00
Since Forward PE Ratio is between 20 - 25, 2 points assigned.
This criteria used Company's ability to convert Sales into free cash flow to determine fair value:
Using last 7 overlapping fiscal years (max 20).Average Free Cash Flow: $-94 M
Average Revenue: $30 M
Revenue Converted To Free Cash Flow (%): -313.8%
Since Free Cash Flow (FCF) to Revenue percentage is non-positive, 0 point assigned.
This criteria used company's growth potential to calculate its fair value:
Latest Revenue (2025-12-31): $130 M
Revenue 5 Years Ago (2020-12-31): $0 M
Total Growth over 5 Years: 90,820.3%
5-Year Revenue CAGR (Historical): 290.6%
Forward 5-Year CAGR (Tapered): 100.0%
Since historical Revenue CAGR is greater than 20, 5 points assigned.
This criteria used Company's ability to buy back its own share:
Latest Share Count (2025-12-31): $280 M
Share Count 5 Years Ago (2021-12-31): $194 M
Company is not buying back its own shares, 0 points assigned.
This criteria used Company's dividend payout ratio to determine its fair value:
Next Year Earnings Per Share (EPS): $-2.76
Trailing 12-Month Earnings Per Share (EPS): $-4.03
Average Earnings Per Share (EPS): $0.00
Dividend Per Share (DPS): $0
Payout Ratio: 0%
Dividend Yield: 0.00%
⚠️ Caution: Negative earnings detected — Further research is recommended - Next Fiscal Yr EPS: $-2.76
- Latest/TTM EPS: $-4.03
Since Dividend Per Share is less than or equal to 0, 0 point assigned.
Since Dividend Yield is less than 1, 0 point assigned.
This criteria used Company's Return On Equity (ROE%) to determine its fair value:
Using last 7 valid ROE years (max 20).Average ROE: -28.8%
Since Average ROE is non-positive, 0 point assigned.
This criteria used Company's current price to its 52 week low price to determines its fair value:
Current Price: $45.48
52-Week Low: $25.89
Threshold Price (15% Above 52-Week Low): $29.77
Since Current price is not within 15% threshold, 0 point assigned.
This criteria used Company's Market Cap to determines its fair value:
Market Capitalization: $18,426 M
Since Market Cap is between 10B - 100B, 2 points assigned.
% Exposure to Total Portfolio
Based on the market cap, we recommend do not exceed 3% exposure of Total Portfolio.
Warren Buffett's Owners' Earnings:
No positive free cash flow found (TTM or annual) to compute Owners' Earnings per share.
Note: Many fast-growing companies reinvest heavily, so Owners' Earnings may appear low.
Consider other factors in your valuation.
Value-Trade has assigned 17 points to above IONQ Inc (IONQ) stock.
Heads up: One or more P/E inputs look exaggerated and may skew the blend.
• Growth Based PE 50.00 (>2× median)
Further research is recommended; please use your own due diligence.
In such cases, multiplying earnings by the long-run average P/E typically gives a closer, more reliable fair value.
Fair Value PE 12, Industry Based PE 18, Growth Based PE 50, Risk-Free Anchored PE (25% MoS) 16.03. Based on these 4 values, average assigned is 24.01. The fair value of IONQ Inc (IONQ) stock cannot be calculated since EBITDA and EPS are either 0 or negative.
