COMP <GO>
QBTS vs FA // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
D-Wave Quantum Inc. (NASDAQ) VS. First Advantage Corporation (NASDAQ) • 15-METRIC TALLY: QBTS 3
— FA 6
■ METRIC PARITY
LAST: $10.65 (-7.87%) • MKT CAP: $4.04B
options-implied-move
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LAST: $21.59 (+2.96%) • MKT CAP: $3.71B
options-implied-move
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15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (QBTS VS. FA)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | QBTS | FA | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 82.60% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -22.60% | 3.30% | -25.90 | FA | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 39.4x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -1.73% | 5.23% | -6.96 | FA | /fcf-yield <GO> |
| Operating Margin | -60.00% | 8.40% | -68.40 | FA | /operating-margins <GO> |
| Net Profit Margin | -60.00% | -2.20% | -57.80 | FA | /net-margins <GO> |
| Revenue Growth (YoY) | 178.50% | 83.00% | +95.50 | QBTS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 26.00 | 1.41 | +24.59 | QBTS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 6/9 | -1.00 | FA | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 31.7 | 62.0 | -30.30 | FA | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.26 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 27.0x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.04B | $3.71B | $334.9M | QBTS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | QBTS REV | FA REV | QBTS GROSS % | FA GROSS % | QBTS FCF | FA FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $24.6M | $1.57B | 82.6% | — | -$75.8M | $188.5M |
| FY 2024 | $8.8M | $860.2M | 63.0% | — | -$44.7M | $26.5M |
| FY 2023 | $8.8M | $763.8M | — | — | -$61.0M | $162.8M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
QBTS // BETA 1.26
FA // BETA —