(ARQQ) Arqit Quantum - Overview

Sector: Technology | Industry: Software - Infrastructure | Exchange: NASDAQ (USA) | Market Cap: 196m USD | Total Return: -7.4% in 12m

Encryption, Cloud, Security, Satellites
Total Rating 7
Safety 26
Buy Signal -1.52
Software - Infrastructure
Industry Rotation: -24.2
Market Cap: 196M
Avg Turnover: 2.13M USD
ATR: 8.94%
Peers RS (IBD): 8.8
Risk 5d forecast
Volatility99.0%
Rel. Tail Risk-13.6%
Reward TTM
Sharpe Ratio0.50
Alpha-47.11
Character TTM
Beta1.222
Beta Downside-0.635
Drawdowns 3y
Max DD90.47%
CAGR/Max DD-0.29

Warnings

Share dilution 135.6% YoY - potential capital distress

Interest Coverage Ratio -226.6 is critical

Beneish M-Score -0.43 > -1.5 - likely earnings manipulation

Altman Z'' -15.00 < 1.0 - financial distress zone

Volatile

Tailwinds

No distinct edge detected

Description: ARQQ Arqit Quantum

ARQQ, a UK-based company, provides cybersecurity services. Its primary offering, QuantumCloud, is a Platform as a Service (PaaS) that generates software encryption keys.

The company operates in the cybersecurity sector, a growing industry driven by increasing digital threats. ARQQs business model focuses on providing a cloud-based solution for secure communication.

ARQQ also offers maintenance, support, and professional services alongside its core product.

To further understand ARQQs market position and financial performance, consider exploring its detailed analytics on ValueRay.

Headlines to Watch Out For
  • QuantumCloud subscriptions drive recurring revenue growth
  • Government cybersecurity spending boosts contract awards
  • Satellite launch costs impact operational expenditures
  • Global competition for quantum encryption intensifies
  • Regulatory changes in data security affect market demand
Piotroski VR‑10 (Strict) 0.5
Net Income: -89.9m TTM > 0 and > 6% of Revenue
FCF/TA: -1.55 > 0.02 and ΔFCF/TA 11.98 > 1.0
NWC/Revenue: 2.72k% < 20% (prev 1.64k%; Δ 1.07k% < -1%)
CFO/TA -1.47 > 3% & CFO -63.0m > Net Income -89.9m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 2.69 > 1.5 & < 3
Outstanding Shares: last fiscal year (13.8m) vs prev 172.5% < -2%
Gross Margin: -138.5% > 18% (prev -1.75%; Δ -13.7k% > 0.5%)
Asset Turnover: 2.66% > 50% (prev 2.62%; Δ 0.04% > 0%)
Interest Coverage Ratio: -226.6 > 6 (EBITDA TTM -57.1m / Interest Expense TTM 271k)
Altman Z'' -15.00
A: 0.59 (Total Current Assets 40.0m - Total Current Liabilities 14.9m) / Total Assets 42.9m
B: -8.72 (Retained Earnings -373.8m / Total Assets 42.9m)
C: -1.77 (EBIT TTM -61.4m / Avg Total Assets 34.8m)
D: -11.48 (Book Value of Equity -179.2m / Total Liabilities 15.6m)
Altman-Z'' Score: -48.51 = D
Beneish M -0.43
DSRI: 4.89 (Receivables 3.04m/471k, Revenue 924k/700k)
GMI: 1.00 (fallback, negative margins)
AQI: 0.68 (AQ_t 0.05 / AQ_t-1 0.07)
SGI: 1.32 (Revenue 924k / 700k)
TATA: -0.63 (NI -89.9m - CFO -63.0m) / TA 42.9m)
Beneish M-Score: -0.43 (Cap -4..+1) = D
What is the price of ARQQ shares? As of April 10, 2026, the stock is trading at USD 12.44 with a total of 158,803 shares traded.
Over the past week, the price has changed by -10.95%, over one month by -19.64%, over three months by -53.70% and over the past year by -7.37%.
Is ARQQ a buy, sell or hold? Arqit Quantum has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy ARQQ.
  • StrongBuy: 0
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the ARQQ price?
Analysts Target Price 60 382.3%
Arqit Quantum (ARQQ) - Fundamental Data Overview as of 09 April 2026
P/E Forward = 62.1118
P/S = 370.6242
P/B = 7.9909
Revenue TTM = 924k USD
EBIT TTM = -61.4m USD
EBITDA TTM = -57.1m USD
Long Term Debt = 719k USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 265k USD (from shortTermDebt, last quarter)
Debt = 719k USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -36.3m USD (from netDebt column, last quarter)
Enterprise Value = 160.2m USD (196.4m + Debt 719k - CCE 37.0m)
Interest Coverage Ratio = -226.6 (Ebit TTM -61.4m / Interest Expense TTM 271k)
EV/FCF = -2.41x (Enterprise Value 160.2m / FCF TTM -66.4m)
FCF Yield = -41.44% (FCF TTM -66.4m / Enterprise Value 160.2m)
 FCF Margin = -7.18k% (FCF TTM -66.4m / Revenue TTM 924k)
 Net Margin = -9.73k% (Net Income TTM -89.9m / Revenue TTM 924k)
 Gross Margin = -138.5% ((Revenue TTM 924k - Cost of Revenue TTM 2.20m) / Revenue TTM)
Gross Margin QoQ = 30.89% (prev none%)
Tobins Q-Ratio = 3.74 (Enterprise Value 160.2m / Total Assets 42.9m)
Interest Expense / Debt = 3.06% (Interest Expense 22.0k / Debt 719k)
Taxrate = 21.0% (US default 21%)
NOPAT = -48.5m (EBIT -61.4m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.69 (Total Current Assets 40.0m / Total Current Liabilities 14.9m)
Debt / Equity = 0.03 (Debt 719k / totalStockholderEquity, last quarter 27.2m)
 Debt / EBITDA = 0.64 (negative EBITDA) (Net Debt -36.3m / EBITDA -57.1m)
 Debt / FCF = 0.55 (negative FCF - burning cash) (Net Debt -36.3m / FCF TTM -66.4m)
 Total Stockholder Equity = 17.8m (last 4 quarters mean from totalStockholderEquity)
 RoA = -258.5% (out of range, set to none)
 RoE = -506.5% (Net Income TTM -89.9m / Total Stockholder Equity 17.8m)
 RoCE = -332.5% (out of range, set to none) (EBIT -61.4m / Capital Employed (Equity 17.8m + L.T.Debt 719k))
 RoIC = -264.5% (out of range, set to none) (NOPAT -48.5m / Invested Capital 18.3m)
 WACC = 10.25% (E(196.4m)/V(197.1m) * Re(10.28%) + D(719k)/V(197.1m) * Rd(3.06%) * (1-Tc(0.21)))
Discount Rate = 10.28% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 53.50%
 [DCF] Fair Price = unknown (Cash Flow -66.4m)
 EPS Correlation: -18.12 | EPS CAGR: -34.59% | SUE: -1.06 | # QB: 0
Revenue Correlation: 33.74 | Revenue CAGR: 238.1% | SUE: -0.00 | # QB: 0
EPS current Year (2026-09-30): EPS=-1.52 | Chg7d=+0.130 | Chg30d=+0.130 | Revisions Net=+1 | Growth EPS=+29.8% | Growth Revenue=+368.3%
EPS next Year (2027-09-30): EPS=-1.06 | Chg7d=-1.060 | Chg30d=-1.060 | Revisions Net=+0 | Growth EPS=+30.3% | Growth Revenue=+214.2%
External Resources
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