ARQQ vs FCCN vs QNC Stock Comparison

Arqit Quantum, Spectral Capital and Quantum eMotion Prices as of Nov 4, 2026 Peers: Industry group
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ARQQ Arqit Quantum Inc.
$13.87 -41.4% 1M -61.5% 1Y
Market cap
$166.56M
P/E
–
Revenue (TTM)
—
Div. yield
–
Quantum Computing Technology
1 win
FCCN SPECTRAL CAPITAL Corp
$1.58 -34.2% 1M -26.5% 1Y
Market cap
$150.96M
P/E
3,212x
Revenue (TTM)
$668.63M
Div. yield
–
AI Platforms Technology
1 win
QNC Quantum eMotion Corp
$1.03 -36.4% 1M
Market cap
$161.51M
P/E
–
Revenue (TTM)
—
Div. yield
–
Quantum Computing Technology
1 win

Head to Head

3 decided of 12

Arqit Quantum leads on 1 of the 12 questions below (Arqit Quantum 1, Spectral Capital 1, Quantum eMotion 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionARQQFCCNQNCLeader
Larger companyMarket capitalisation $166.56M $150.96M $161.51M ARQQ
Cheaper on earningsLower P/E, profitable companies only — 3,212x -35.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months — — — –
More profitableNet margin, trailing twelve months — 0.0% — –
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -61.5% -26.5% — FCCN
Better 5-year returnAnnualised price return, 5 years -52.0%/yr — — –
Less volatileAnnualised volatility, 1 year 111.1% 116.2% 93.8% QNC
Higher overall scoreMean of the five percentile scores vs peers — 41/100 — –

Percentile Scorecard

ARQQFCCNQNC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisARQQFCCNQNC
Valuation – 59 #52 of 124 8 #114 of 124
Growth – 43 #65 of 114 –
Profitability – 60 #45 of 111 –
Financial Health 85 #20 of 128 15 #109 of 128 95 #8 of 128
Shareholder Returns – 28 #53 of 73 –
Overall – 41 –
  • ARQQ ranked among 136 companies in Infrastructure Software
  • FCCN ranked among 136 companies in Infrastructure Software
  • QNC ranked among 136 companies in Infrastructure Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodARQQFCCNQNCSPY
1 month -41.4%-34.2%-36.4% -1.0%
3 months -33.9%-69.0%-52.8% -0.4%
6 months -11.5%-19.0%-63.6% +4.5%
Year to date -36.6%-61.7%— +12.4%
1 year -61.5%-26.5%— +13.6%
3 years +26.1%—— +76.4%
3 years, per year +8.0%—— +20.8%
5 years -97.5%—— +63.7%
5 years, per year -52.0%—— +10.4%

Risk

MeasureARQQFCCNQNCSPY
Volatility, 1Y 111.1%116.2%93.8% 12.8%
Downside volatility, 1Y 102.6%111.6%95.6% 12.7%
Beta vs S&P 500, 1Y 3.980.093.03 1.00
Return / volatility, 1Y -0.55-0.23— 1.06
Max drawdown, 5Y -99.6%-86.4%-74.9% -25.4%
From 52-week high -61.5%-71.5%-72.8% -1.6%
52-week high $36.01$5.55$3.79 $779.14
52-week low $11.78$1.35$0.95 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleARQQFCCNQNC
P/E now vs peer median —median 41.0x 3,095xmedian 41.0x -42.0xmedian 41.0x
P/S now vs peer median —median 4.4x 0.2xmedian 4.4x 210,573xmedian 4.4x
EV/EBITDA now vs peer median —median 28.9x 276.3xmedian 28.9x —median 28.9x
P/FCF now vs peer median —median 23.9x -59.1xmedian 23.9x 12,825xmedian 23.9x
P/B now vs peer median 7.4xmedian 3.1x 2.6xmedian 3.1x 8.4xmedian 3.1x
PEG now vs peer median —median 1.36 102.39median 1.36 —median 1.36

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsARQQFCCNQNC
Revenue – $668.63M –
Gross profit – $8.35M –
Operating income – -$6.62M –
Net income – -$21.19K -$9.47M
Free cash flow – -$2.57M –
R&D – – $1.04M
EPS (diluted) – $0.00 $-0.02
Cash & equivalents $28.86M $5.27M $222.23K
Shares (diluted) 13.79M 94.89M 186.70M
Enterprise value $57.24M $140.48M $74.59M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricARQQFCCNQNC
P/E – 3,095x -42.0x
P/FCF – -59.1x 12,825x
P/Operating cash flow – -59.4x –
P/S – 0.2x 210,573x
P/B 7.4x 2.6x 8.4x
P/Tangible book 8.0x 7.8x 11.3x
EV/EBITDA – 276.3x –
EV/EBIT – -22.2x –
EV/Revenue – 0.2x –
EV/FCF – -57.1x –
EV/Operating cash flow – -57.3x –
PEG (3Y EPS CAGR) – 102.39 –

Growth

14 metrics
MetricARQQFCCNQNC
Revenue growth (1Y) – – –
Revenue CAGR (3Y) – 1,948% –
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – 276.8% –
Operating income growth (1Y) – -83.7% –
Operating income CAGR (3Y) – -304.6% –
Net income growth (1Y) – 99.4% –
Net income CAGR (3Y) – 40.4% –
EPS growth (1Y) – 100.9% –
EPS CAGR (3Y) – 30.2% –
Operating cash flow growth (1Y) – -28.6% –
Operating cash flow CAGR (3Y) – -186.1% –
Free cash flow growth (1Y) – -29.2% –
Free cash flow CAGR (3Y) – -186.6% –

Profitability

14 metrics
MetricARQQFCCNQNC
Gross margin – 1.2% –
EBITDA margin – 0.1% –
Operating margin – -1.0% –
Pretax margin – 0.0% –
Net margin – 0.0% –
FCF margin – -0.4% –
Operating cash flow margin – -0.4% –
Return on equity – 0.1% –
Return on assets – 0.0% –
Return on invested capital – – –
Return on capital employed – -4.7% –
Asset turnover – 2.2x –
Cash conversion (OCF / net income) – 120.9x –
Stock comp / revenue – 0.1% –

Financial Health

11 metrics
MetricARQQFCCNQNC
Debt / assets – – –
Debt / equity – – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 21.3% 74.3% 21.0%
Equity / assets 78.7% 25.7% 79.0%
Interest coverage – – –
Current ratio 4.9x 0.8x 33.3x
Quick ratio 4.9x 0.8x 35.0x
Cash ratio 4.4x 0.0x 35.0x
Altman Z-score – 3.08 –

Shareholder Returns

7 metrics
MetricARQQFCCNQNC
Dividend yield – – –
Net buyback yield – -1.3% –
Shareholder yield – -1.3% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusARQQFCCNQNC
EPS, next fiscal year $-1.46FY2026 – –
Revenue, next fiscal year $2.41MFY2026 – –
Revenue growth, next FY +355.4%FY2026 – –
Revenue growth, the year after +208.4% – –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersARQQFCCNQNC
Held by institutions 89.2% – 31.6%
Institutions holding 66 – 38
Change in shares held, QoQ +205.7% – +1,128.1%
Institutions buying 42 – 22
Institutions selling 11 – 7
Buyers to sellers 3.82 – 3.14

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ARQQFCCNQNC
ARQQ 1.00 -0.04 0.22
FCCN -0.04 1.00 0.19
QNC 0.22 0.19 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, ARQQ, FCCN and QNC?

Arqit Quantum (ARQQ) is the largest by market capitalisation: Arqit Quantum (ARQQ) $166.56M, Spectral Capital (FCCN) $150.96M, Quantum eMotion (QNC) $161.51M.

Which stock has performed better?

Over the past year Spectral Capital (FCCN) returned the most: Arqit Quantum (ARQQ) -61.5%, Spectral Capital (FCCN) -26.5%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Quantum eMotion (QNC) has been the steadiest (Arqit Quantum (ARQQ) 111.1%, Spectral Capital (FCCN) 116.2%, Quantum eMotion (QNC) 93.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ARQQ, FCCN and QNC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Arqit Quantum (ARQQ) leads on 1. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.