Using a Revenue DCF model with operating margin convergence from -6636.0% to a target of 10.2% over 5 years, discounted at a WACC of 8.9%, Arqit Quantum Inc. (ARQQ) has an intrinsic value of $41.10 per share (range: $12.59 – $101.79).
Using the industry peer median EV/Revenue multiple (trailing + forward), Arqit Quantum Inc. (ARQQ) has a fair value of $2.92 based on 8 comparable companies in the Software - Infrastructure industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| Arqit Quantum Inc.ARQQ | 206 | 320.8x | 34.1x |
| Cognyte Software Ltd. | 812 | 1.8x | 2.1x |
| Consensus Cloud Solutions, Inc. | 626 | 3.2x | 3.2x |
| Paysafe Limited | 486 | 1.1x | 1.1x |
| Digital Turbine, Inc. | 484 | 1.8x | 1.3x |
| Priority Technology Holdings, Inc. | 453 | 1.5x | 1.6x |
| Backblaze, Inc. | 449 | 3.4x | 4.3x |
| Sprout Social, Inc. | 409 | 0.8x | 0.8x |
| Domo, Inc. | 161 | 0.8x | 0.8x |
| Industry Median | 1.6x | 1.5x | |
| (*) Revenue | 1 | 5 | |
| = Enterprise Value | 1 | 7 | |
| (-) Net Debt | -36 | -36 | |
| Equity Value | 37 | 44 | |
| (/) Outstanding shares | 14 | 14 | |
| Fair Price | $3 | $3 | |
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.