COHR vs. QBTS: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at COHR and QBTS, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | COHR | QBTS |
|---|---|---|
| Company Name | Coherent Corp. | D-Wave Quantum Inc. |
| Country | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry | Electronic Equipment, Instruments & Components | Software |
| Market Capitalization | 21.96 billion USD | 8.11 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 2, 1987 | December 11, 2020 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of COHR and QBTS by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | COHR | QBTS |
|---|---|---|
| 5-Day Price Return | -16.43% | -19.61% |
| 13-Week Price Return | 49.18% | 38.80% |
| 26-Week Price Return | 76.59% | 120.04% |
| 52-Week Price Return | 35.65% | 1,226.40% |
| Month-to-Date Return | 5.59% | -36.29% |
| Year-to-Date Return | 47.08% | 181.07% |
| 10-Day Avg. Volume | 6.20M | 42.34M |
| 3-Month Avg. Volume | 4.15M | 51.05M |
| 3-Month Volatility | 68.54% | 116.71% |
| Beta | 1.84 | 1.61 |
Profitability
Return on Equity (TTM)
COHR
3.14%
Electronic Equipment, Instruments & Components Industry
- Max
- 25.62%
- Q3
- 13.32%
- Median
- 9.23%
- Q1
- 4.70%
- Min
- -3.60%
COHR’s Return on Equity of 3.14% is in the lower quartile for the Electronic Equipment, Instruments & Components industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.
QBTS
-97.58%
Software Industry
- Max
- 65.88%
- Q3
- 22.54%
- Median
- 10.46%
- Q1
- -6.54%
- Min
- -41.05%
QBTS has a negative Return on Equity of -97.58%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
Net Profit Margin (TTM)
COHR
4.13%
Electronic Equipment, Instruments & Components Industry
- Max
- 18.22%
- Q3
- 10.34%
- Median
- 7.81%
- Q1
- 3.28%
- Min
- -4.57%
COHR’s Net Profit Margin of 4.13% is aligned with the median group of its peers in the Electronic Equipment, Instruments & Components industry. This indicates its ability to convert revenue into profit is typical for the sector.
QBTS
-1,651.81%
Software Industry
- Max
- 53.50%
- Q3
- 20.30%
- Median
- 9.60%
- Q1
- -4.98%
- Min
- -41.00%
QBTS has a negative Net Profit Margin of -1,651.81%, indicating the company is operating at a net loss as its expenses exceeded its revenues.
Operating Profit Margin (TTM)
COHR
8.99%
Electronic Equipment, Instruments & Components Industry
- Max
- 26.64%
- Q3
- 15.10%
- Median
- 9.55%
- Q1
- 4.57%
- Min
- -7.07%
COHR’s Operating Profit Margin of 8.99% is around the midpoint for the Electronic Equipment, Instruments & Components industry, indicating that its efficiency in managing core business operations is typical for the sector.
QBTS
-355.21%
Software Industry
- Max
- 61.99%
- Q3
- 23.67%
- Median
- 10.93%
- Q1
- -3.57%
- Min
- -40.19%
QBTS has a negative Operating Profit Margin of -355.21%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.
Profitability at a Glance
| Symbol | COHR | QBTS |
|---|---|---|
| Return on Equity (TTM) | 3.14% | -97.58% |
| Return on Assets (TTM) | 1.72% | -71.38% |
| Net Profit Margin (TTM) | 4.13% | -1,651.81% |
| Operating Profit Margin (TTM) | 8.99% | -355.21% |
| Gross Profit Margin (TTM) | 35.78% | 82.82% |
Financial Strength
Current Ratio (MRQ)
COHR
2.33
Electronic Equipment, Instruments & Components Industry
- Max
- 5.52
- Q3
- 3.20
- Median
- 2.02
- Q1
- 1.51
- Min
- 0.33
COHR’s Current Ratio of 2.33 aligns with the median group of the Electronic Equipment, Instruments & Components industry, indicating that its short-term liquidity is in line with its sector peers.
QBTS
54.68
Software Industry
- Max
- 4.01
- Q3
- 2.27
- Median
- 1.50
- Q1
- 1.03
- Min
- 0.25
QBTS’s Current Ratio of 54.68 is exceptionally high, placing it well outside the typical range for the Software industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.
Debt-to-Equity Ratio (MRQ)
COHR
0.40
Electronic Equipment, Instruments & Components Industry
- Max
- 1.12
- Q3
- 0.55
- Median
- 0.33
- Q1
- 0.10
- Min
- 0.00
COHR’s Debt-to-Equity Ratio of 0.40 is typical for the Electronic Equipment, Instruments & Components industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
QBTS
0.05
Software Industry
- Max
- 2.04
- Q3
- 0.86
- Median
- 0.29
- Q1
- 0.00
- Min
- 0.00
QBTS’s Debt-to-Equity Ratio of 0.05 is typical for the Software industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
COHR
1.36
Electronic Equipment, Instruments & Components Industry
- Max
- 114.40
- Q3
- 51.32
- Median
- 14.03
- Q1
- 3.74
- Min
- -61.15
In the lower quartile for the Electronic Equipment, Instruments & Components industry, COHR’s Interest Coverage Ratio of 1.36 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.
QBTS
-46.22
Software Industry
- Max
- 89.65
- Q3
- 33.82
- Median
- 1.59
- Q1
- -10.48
- Min
- -71.23
QBTS has a negative Interest Coverage Ratio of -46.22. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
Financial Strength at a Glance
| Symbol | COHR | QBTS |
|---|---|---|
| Current Ratio (MRQ) | 2.33 | 54.68 |
| Quick Ratio (MRQ) | 1.10 | 54.28 |
| Debt-to-Equity Ratio (MRQ) | 0.40 | 0.05 |
| Interest Coverage Ratio (TTM) | 1.36 | -46.22 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
COHR
0.10%
Electronic Equipment, Instruments & Components Industry
- Max
- 5.16%
- Q3
- 2.39%
- Median
- 1.18%
- Q1
- 0.12%
- Min
- 0.00%
COHR’s Dividend Yield of 0.10% is in the lower quartile for the Electronic Equipment, Instruments & Components industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
QBTS
0.00%
Software Industry
- Max
- 0.34%
- Q3
- 0.17%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
QBTS currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio (TTM)
COHR
5.05%
Electronic Equipment, Instruments & Components Industry
- Max
- 197.57%
- Q3
- 87.33%
- Median
- 36.23%
- Q1
- 3.99%
- Min
- 0.00%
COHR’s Dividend Payout Ratio of 5.05% is within the typical range for the Electronic Equipment, Instruments & Components industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
QBTS
0.00%
Software Industry
- Max
- 12.76%
- Q3
- 6.56%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
QBTS has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | COHR | QBTS |
|---|---|---|
| Dividend Yield (TTM) | 0.10% | 0.00% |
| Dividend Payout Ratio (TTM) | 5.05% | 0.00% |
Valuation
Price-to-Earnings Ratio (TTM)
COHR
87.65
Electronic Equipment, Instruments & Components Industry
- Max
- 71.05
- Q3
- 42.87
- Median
- 27.84
- Q1
- 19.17
- Min
- 7.73
At 87.65, COHR’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Electronic Equipment, Instruments & Components industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
QBTS
--
Software Industry
- Max
- 142.78
- Q3
- 72.24
- Median
- 36.21
- Q1
- 24.24
- Min
- 4.55
P/E Ratio data for QBTS is currently unavailable.
Price-to-Sales Ratio (TTM)
COHR
3.62
Electronic Equipment, Instruments & Components Industry
- Max
- 7.81
- Q3
- 4.01
- Median
- 2.09
- Q1
- 1.25
- Min
- 0.16
COHR’s P/S Ratio of 3.62 aligns with the market consensus for the Electronic Equipment, Instruments & Components industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
QBTS
331.07
Software Industry
- Max
- 20.79
- Q3
- 12.71
- Median
- 6.75
- Q1
- 4.56
- Min
- 0.87
With a P/S Ratio of 331.07, QBTS trades at a valuation that eclipses even the highest in the Software industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
Price-to-Book Ratio (MRQ)
COHR
2.03
Electronic Equipment, Instruments & Components Industry
- Max
- 7.49
- Q3
- 4.09
- Median
- 2.35
- Q1
- 1.55
- Min
- 0.44
COHR’s P/B Ratio of 2.03 is within the conventional range for the Electronic Equipment, Instruments & Components industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
QBTS
12.60
Software Industry
- Max
- 30.49
- Q3
- 14.84
- Median
- 8.09
- Q1
- 4.32
- Min
- 0.38
QBTS’s P/B Ratio of 12.60 is within the conventional range for the Software industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | COHR | QBTS |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 87.65 | -- |
| Price-to-Sales Ratio (TTM) | 3.62 | 331.07 |
| Price-to-Book Ratio (MRQ) | 2.03 | 12.60 |
| Price-to-Free Cash Flow Ratio (TTM) | 85.45 | -- |