Arqit Quantum Inc. (ARQQ) vs Corvex, Inc. (MOVE)

Arqit Quantum Inc. and Corvex, Inc. are both Software Infrastructure companies. Arqit Quantum Inc. and Corvex, Inc. are of similar size ($383.4M and $378.0M). Corvex, Inc. has negative trailing earnings, so its P/E is not meaningful; Arqit Quantum Inc. trades at 308×. Arqit Quantum Inc. has the higher net margin (−67.7% vs −627.8%) and the higher return on invested capital (0.00% vs −3.04%). Across the 15 metrics below, Arqit Quantum Inc. leads on 10 and Corvex, Inc. on 5.

Valuation

Metric ARQQ MOVE Software Infrastructure median
P/E 307.50 n/m 28.02
P/S 512.41 6.65 3.07
P/B 141.15 n/m 3.36
Price to free cash flow n/m n/m 17.12
EV/EBITDA n/m n/m 14.91
EV/Sales 509.00 4.03 3.03
Earnings yield 0.33% (160.24%) 0.13%
Free cash flow yield (2.91%) (68.90%) 1.15%

Profitability

Metric ARQQ MOVE Software Infrastructure median
Gross margin 0.00% 12.09% 61.23%
Operating margin 0.00% (610.33%) 0.00%
Net margin (67.73%) (627.82%) 0.00%
Free cash flow margin 0.00% (458.24%) 1.67%
Return on equity 0.00% 2,480.53% 0.59%
Return on assets 0.00% (9.20%) 0.00%
Return on invested capital 0.00% (3.04%) 0.00%

Growth

Metric ARQQ MOVE Software Infrastructure median
Revenue growth (TTM) — 843.62% 13.41%
EPS growth (last fiscal year) 49.41% 44.70% —
Revenue growth, 5-year CAGR (40.67%) — 15.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ARQQ MOVE Software Infrastructure median
Debt to equity 0.00 0.01 0.06
Current ratio 4.88 1.80 1.55
Net debt to EBITDA 0.98 (0.12) 0.08

Dividend

Metric ARQQ MOVE Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric ARQQ MOVE Software Infrastructure median
Market cap 383.36m 378.00m 835.96m

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