ARQQ vs QNC vs UIS Stock Comparison

Arqit Quantum, Quantum eMotion and Unisys Prices as of Oct 26, 2026 Peers: Industry group
ARQQ Arqit Quantum Inc.
$16.30 -33.7% 1M -61.8% 1Y
Market cap
$250.67M
P/E
–
Revenue (TTM)
—
Div. yield
–
Quantum Computing Technology
1 win
QNC Quantum eMotion Corp
$1.06 -43.6% 1M
Market cap
$210.97M
P/E
487.1x
Revenue (TTM)
—
Div. yield
–
Quantum Computing Technology
UIS Unisys Corp
$2.62 +12.9% 1M -32.1% 1Y
Market cap
$186.30M
P/E
–
Revenue (TTM)
$1.95B
Div. yield
–
IT Services Technology
3 wins

Head to Head

4 decided of 12

Unisys leads on 3 of the 12 questions below (Unisys 3, Arqit Quantum 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionARQQQNCUISLeader
Larger companyMarket capitalisation $250.67M $210.97M $186.30M ARQQ
Cheaper on earningsLower P/E, profitable companies only — 487.1x -0.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 4.2x –
Faster revenue growthRevenue growth, trailing twelve months — — -0.6% –
More profitableNet margin, trailing twelve months — — -21.7% –
Better return on capitalReturn on invested capital — — 6.4% –
Less leveragedLower net debt / EBITDA — — 4.2x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -61.8% — -32.1% UIS
Better 5-year returnAnnualised price return, 5 years -49.1%/yr — -35.8%/yr UIS
Less volatileAnnualised volatility, 1 year 110.8% 94.3% 64.9% UIS
Higher overall scoreMean of the five percentile scores vs peers — — 38/100 –

Percentile Scorecard

ARQQQNCUIS

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

AxisARQQQNCUIS
Valuation – 13 #108 of 124 96 #3 of 50
Growth – – 16 #38 of 45
Profitability – – 28 #30 of 41
Financial Health 84 #22 of 129 95 #8 of 129 12 #55 of 62
Shareholder Returns – – –
Overall – – 38
  • ARQQ ranked among 137 companies in Infrastructure Software
  • QNC ranked among 137 companies in Infrastructure Software
  • UIS ranked among 66 companies in Technology Services

Price Performance

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

Returns

PeriodARQQQNCUISSPY
1 month -33.7%-43.6%+12.9% -0.8%
3 months -10.3%-52.7%-22.0% +3.5%
6 months +11.8%-63.6%+0.4% +7.0%
Year to date -25.5%—-5.1% +12.2%
1 year -61.8%—-32.1% +13.0%
3 years +54.8%—-5.1% +86.3%
3 years, per year +15.7%—-1.7% +23.1%
5 years -96.6%—-89.1% +68.6%
5 years, per year -49.1%—-35.8% +11.0%
10 years ——-75.6% +258.0%
10 years, per year ——-13.2% +13.6%

Risk

MeasureARQQQNCUISSPY
Volatility, 1Y 110.8%94.3%64.9% 12.7%
Downside volatility, 1Y 102.6%95.6%59.8% 12.7%
Beta vs S&P 500, 1Y 4.042.931.87 1.00
Return / volatility, 1Y -0.56—-0.50 1.02
Max drawdown, 5Y -99.6%-72.0%-92.4% -25.4%
From 52-week high -65.3%-72.0%-45.2% -1.8%
52-week high $47.04$3.79$4.78 $779.14
52-week low $11.78$1.06$2.00 $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.

MultipleARQQQNCUIS
P/E now vs peer median —median 38.1x 457.0xmedian 38.1x -0.5xmedian 17.9x
P/S now vs peer median —median 4.3x 216,706xmedian 4.3x 0.1xmedian 0.7x
EV/EBITDA now vs peer median —median 35.4x —median 35.4x 6.2xmedian 11.0x
P/FCF now vs peer median —median 27.1x 13,198xmedian 27.1x 2.5xmedian 12.1x
P/B now vs peer median 8.7xmedian 3.4x 8.6xmedian 3.4x -0.5xmedian 1.4x
PEG now vs peer median —median 1.27 —median 1.27 0.03median 1.49

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 monthsARQQQNCUIS
Revenue – – $1.95B
Gross profit – – $541.60M
Operating income – – $26.40M
Net income – -$9.47M -$421.80M
Free cash flow – – $76.30M
R&D – $1.04M $23.50M
EPS (diluted) – $0.00 $-5.78
Cash & equivalents $28.86M $222.23K $324.30M
Total debt – – $2.90B
Shares (diluted) 13.79M 186.70M 72.91M
Enterprise value $141.35M $124.04M -$1.25B

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
MetricARQQQNCUIS
P/E – 457.0x -0.5x
P/FCF – 13,198x 2.5x
P/Operating cash flow – – 1.7x
P/S – 216,706x 0.1x
P/B 8.7x 8.6x -0.5x
P/Tangible book 9.4x 11.6x -0.5x
EV/EBITDA – – 6.2x
EV/EBIT – – 22.7x
EV/Revenue – – 0.3x
EV/FCF – – 7.9x
EV/Operating cash flow – – 5.3x
PEG (3Y EPS CAGR) – – 0.03

Growth

14 metrics
MetricARQQQNCUIS
Revenue growth (1Y) – – -0.6%
Revenue CAGR (3Y) – – -1.1%
Gross profit growth (1Y) – – -2.9%
Gross profit CAGR (3Y) – – -1.6%
Operating income growth (1Y) – – -71.1%
Operating income CAGR (3Y) – – -34.0%
Net income growth (1Y) – – -412.5%
Net income CAGR (3Y) – – -19.8%
EPS growth (1Y) – – -405.2%
EPS CAGR (3Y) – – -16.9%
Operating cash flow growth (1Y) – – 164.4%
Operating cash flow CAGR (3Y) – – -5.9%
Free cash flow growth (1Y) – – 136.7%
Free cash flow CAGR (3Y) – – -10.3%

Profitability

14 metrics
MetricARQQQNCUIS
Gross margin – – 27.8%
EBITDA margin – – 5.0%
Operating margin – – 1.4%
Pretax margin – – -18.2%
Net margin – – -21.7%
FCF margin – – 3.9%
Operating cash flow margin – – 5.8%
Return on equity – – –
Return on assets – – -25.0%
Return on invested capital – – 6.4%
Return on capital employed – – 2.4%
Asset turnover – – 1.2x
Cash conversion (OCF / net income) – – -0.3x
Stock comp / revenue – – 0.6%

Financial Health

11 metrics
MetricARQQQNCUIS
Debt / assets – – 44.7%
Debt / equity – – -2.0x
Net debt / EBITDA – – 4.2x
Debt / FCF – – 9.6x
Liabilities / assets 21.3% 21.0% 122.4%
Equity / assets 78.7% 79.0% -22.4%
Interest coverage – – 0.4x
Current ratio 4.9x 33.3x 1.4x
Quick ratio 4.9x 35.0x 1.2x
Cash ratio 4.4x 35.0x 0.5x
Altman Z-score – – -0.75

Shareholder Returns

7 metrics
MetricARQQQNCUIS
Dividend yield – – –
Net buyback yield – – –
Shareholder yield – – –
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.

ConsensusARQQQNCUIS
Forward P/E – – 4.2xFY2026
EPS, next fiscal year $-1.46FY2026 – $0.63FY2026
EPS growth, next FY – – -32.3%FY2026
EPS growth, the year after – – +71.4%
Revenue, next fiscal year $2.41MFY2026 – $2.05BFY2026
Revenue growth, next FY +355.4%FY2026 – +5.1%FY2026
Revenue growth, the year after +208.4% – -2.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersARQQQNCUIS
Held by institutions 89.2% 31.6% 79.2%
Institutions holding 65 38 152
Change in shares held, QoQ +205.7% +1,128.1% -0.4%
Institutions buying 41 22 83
Institutions selling 11 7 37
Buyers to sellers 3.73 3.14 2.24

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.

ARQQQNCUIS
ARQQ 1.00 0.22 0.20
QNC 0.22 1.00 0.00
UIS 0.20 0.00 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ARQQ, QNC and UIS?

Arqit Quantum (ARQQ) is the largest by market capitalisation: Arqit Quantum (ARQQ) $250.67M, Quantum eMotion (QNC) $210.97M, Unisys (UIS) $186.30M.

Which stock has performed better?

Over the past year Unisys (UIS) returned the most: Arqit Quantum (ARQQ) -61.8%, Unisys (UIS) -32.1%. Over five years, Unisys (UIS) compounded fastest (Arqit Quantum (ARQQ) -49.1%/yr, Unisys (UIS) -35.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Unisys (UIS) has been the steadiest (Arqit Quantum (ARQQ) 110.8%, Quantum eMotion (QNC) 94.3%, Unisys (UIS) 64.9%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Unisys (UIS) leads on 3. 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.