COMP <GO>
QBTS vs JOYY // EV/EBITDA & P/E VALUATION
D-Wave Quantum Inc. (NASDAQ) VS. JOYY Inc. (NASDAQ) • 15-METRIC TALLY: QBTS 2
— JOYY 6
■ METRIC PARITY
LAST: $11.56 (-1.78%) • MKT CAP: $4.39B
valuation
—
LAST: $80.83 (+7.19%) • MKT CAP: $3.96B
valuation
20.2x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (QBTS VS. JOYY)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | QBTS | JOYY | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 82.60% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -22.60% | 0.70% | -23.30 | JOYY | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 20.2x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -1.73% | 4.02% | -5.75 | JOYY | /fcf-yield <GO> |
| Operating Margin | -60.00% | 2.60% | -62.60 | JOYY | /operating-margins <GO> |
| Net Profit Margin | -60.00% | 68.00% | -128.00 | JOYY | /net-margins <GO> |
| Revenue Growth (YoY) | 178.50% | — | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 3.93% | -3.93 | JOYY | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 26.00 | 3.79 | +22.21 | QBTS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 5/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 36.6 | 48.8 | -12.16 | JOYY | /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 | $4.39B | $3.96B | $429.8M | QBTS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | QBTS REV | JOYY REV | QBTS GROSS % | JOYY GROSS % | QBTS FCF | JOYY FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $24.6M | $2.12B | 82.6% | 35.9% | -$75.8M | $159.2M |
| FY 2024 | $8.8M | $2.24B | 63.0% | 36.0% | -$44.7M | $224.9M |
| FY 2023 | $8.8M | $0 | — | — | -$61.0M | $295.6M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
QBTS // BETA 1.26
JOYY // BETA —