FCCN vs QBTS vs QNC Stock Comparison

Spectral Capital, D-Wave Quantum and Quantum eMotion Prices as of Nov 2, 2026 Peers: Industry group
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FCCN SPECTRAL CAPITAL Corp
$1.90 -0.5% 1M -13.2% 1Y
Market cap
$155.56M
P/E
3,310x
Revenue (TTM)
$668.63M
Div. yield
–
AI Platforms Technology
3 wins
QBTS D-Wave Quantum Inc.
$10.09 -36.0% 1M -72.8% 1Y
Market cap
$3.86B
P/E
–
Revenue (TTM)
$12.43M
Div. yield
–
Quantum Computing Technology
1 win
QNC Quantum eMotion Corp
$0.98 -39.5% 1M
Market cap
$191.37M
P/E
–
Revenue (TTM)
—
Div. yield
–
Quantum Computing Technology
1 win

Head to Head

5 decided of 12

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

QuestionFCCNQBTSQNCLeader
Larger companyMarket capitalisation $155.56M $3.86B $191.37M QBTS
Cheaper on earningsLower P/E, profitable companies only 3,310x -15.5x -41.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months — -44.2% — –
More profitableNet margin, trailing twelve months 0.0% -2,001.6% — FCCN
Better return on capitalReturn on invested capital — -12.3% — –
Less leveragedLower net debt / EBITDA — 3.2x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -13.2% -72.8% — FCCN
Better 5-year returnAnnualised price return, 5 years — +0.5%/yr — –
Less volatileAnnualised volatility, 1 year 110.1% 100.0% 93.7% QNC
Higher overall scoreMean of the five percentile scores vs peers 40/100 32/100 — FCCN

Percentile Scorecard

FCCNQBTSQNC

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

AxisFCCNQBTSQNC
Valuation 52 #60 of 124 19 #101 of 124 8 #114 of 124
Growth 42 #66 of 113 12 #100 of 113 –
Profitability 62 #43 of 110 16 #93 of 110 –
Financial Health 16 #109 of 129 92 #11 of 129 95 #8 of 129
Shareholder Returns 27 #49 of 67 23 #52 of 67 –
Overall 40 32 –
  • FCCN ranked among 137 companies in Infrastructure Software
  • QBTS ranked among 137 companies in Infrastructure Software
  • QNC ranked among 137 companies in Infrastructure Software

Price Performance

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

Returns

PeriodFCCNQBTSQNCSPY
1 month -0.5%-36.0%-39.5% -2.3%
3 months -62.4%-49.5%-53.3% -0.7%
6 months -6.9%-51.8%-65.4% +4.8%
Year to date -54.0%-61.4%— +10.3%
1 year -13.2%-72.8%— +10.3%
3 years —+1,046.6%— +73.0%
3 years, per year —+125.6%— +20.1%
5 years —+2.7%— +61.9%
5 years, per year —+0.5%— +10.1%

Risk

MeasureFCCNQBTSQNCSPY
Volatility, 1Y 110.1%100.0%93.7% 12.8%
Downside volatility, 1Y 100.9%92.6%95.9% 12.8%
Beta vs S&P 500, 1Y -0.014.242.98 1.00
Return / volatility, 1Y -0.12-0.73— 0.80
Max drawdown, 5Y -81.6%-96.7%-74.1% -25.4%
From 52-week high -65.8%-69.5%-74.1% -3.5%
52-week high $5.55$33.09$3.79 $779.14
52-week low $1.83$10.09$0.98 $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.

MultipleFCCNQBTSQNC
P/E now vs peer median 3,721xmedian 35.6x -15.0xmedian 35.6x -40.0xmedian 35.6x
P/S now vs peer median 0.3xmedian 4.2x 302.1xmedian 4.2x 200,351xmedian 4.2x
EV/EBITDA now vs peer median 334.3xmedian 30.0x -20.1xmedian 30.0x —median 30.0x
P/FCF now vs peer median -71.1xmedian 25.2x -31.5xmedian 25.2x 12,202xmedian 25.2x
P/B now vs peer median 3.2xmedian 3.2x 3.5xmedian 3.2x 8.0xmedian 3.2x
PEG now vs peer median 123.13median 1.21 10.11median 1.21 —median 1.21

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 monthsFCCNQBTSQNC
Revenue $668.63M $12.43M –
Gross profit $8.35M $7.98M –
Operating income -$6.62M -$170.58M –
Net income -$21.19K -$248.70M -$9.47M
Free cash flow -$2.57M -$119.08M –
R&D – $81.78M $1.04M
EPS (diluted) $0.00 $-0.67 $-0.02
Cash & equivalents $5.27M $296.64M $222.23K
Total debt – $35.03M –
Shares (diluted) 94.89M 370.84M 186.70M
Enterprise value $145.08M $1.00B $104.44M

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
MetricFCCNQBTSQNC
P/E 3,721x -15.0x -40.0x
P/FCF -71.1x -31.5x 12,202x
P/Operating cash flow -71.4x -33.9x –
P/S 0.3x 302.1x 200,351x
P/B 3.2x 3.5x 8.0x
P/Tangible book 9.3x 4.3x 10.8x
EV/EBITDA 334.3x -20.1x –
EV/EBIT -26.9x -19.0x –
EV/Revenue 0.3x 261.0x –
EV/FCF -69.0x -27.2x –
EV/Operating cash flow -69.4x -29.2x –
PEG (3Y EPS CAGR) 123.13 10.11 –

Growth

14 metrics
MetricFCCNQBTSQNC
Revenue growth (1Y) – -44.2% –
Revenue CAGR (3Y) 1,948% 19.0% –
Gross profit growth (1Y) – -56.6% –
Gross profit CAGR (3Y) 276.8% 31.6% –
Operating income growth (1Y) -83.7% -116.9% –
Operating income CAGR (3Y) -304.6% -27.8% –
Net income growth (1Y) 99.4% 11.7% –
Net income CAGR (3Y) 40.4% -45.9% –
EPS growth (1Y) 100.9% 28.0% –
EPS CAGR (3Y) 30.2% -1.5% –
Operating cash flow growth (1Y) -28.6% -119.0% –
Operating cash flow CAGR (3Y) -186.1% -28.1% –
Free cash flow growth (1Y) -29.2% -124.4% –
Free cash flow CAGR (3Y) -186.6% -30.9% –

Profitability

14 metrics
MetricFCCNQBTSQNC
Gross margin 1.2% 64.2% –
EBITDA margin 0.1% -1,297% –
Operating margin -1.0% -1,373% –
Pretax margin 0.0% -1,267% –
Net margin 0.0% -2,002% –
FCF margin -0.4% -958.4% –
Operating cash flow margin -0.4% -892.4% –
Return on equity 0.1% -11.7% –
Return on assets 0.0% -10.9% –
Return on invested capital – -12.3% –
Return on capital employed -4.7% -14.8% –
Asset turnover 2.2x 0.0x –
Cash conversion (OCF / net income) 120.9x 0.4x –
Stock comp / revenue 0.1% 250.5% –

Financial Health

11 metrics
MetricFCCNQBTSQNC
Debt / assets – 3.0% –
Debt / equity – 0.0x –
Net debt / EBITDA – 3.2x –
Debt / FCF – -0.3x –
Liabilities / assets 74.3% 6.5% 21.0%
Equity / assets 25.7% 93.5% 79.0%
Interest coverage – -180.3x –
Current ratio 0.8x 20.5x 33.3x
Quick ratio 0.8x 20.1x 35.0x
Cash ratio 0.0x 20.0x 35.0x
Altman Z-score 3.19 28.71 –

Shareholder Returns

7 metrics
MetricFCCNQBTSQNC
Dividend yield – – –
Net buyback yield -1.1% -1.6% –
Shareholder yield -1.1% -1.6% –
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.

ConsensusFCCNQBTSQNC
EPS, next fiscal year – $-0.31FY2026 –
Revenue, next fiscal year – $40.06MFY2026 –
Revenue growth, next FY – +62.9%FY2026 –
Revenue growth, the year after – +112.2% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFCCNQBTSQNC
Held by institutions – 53.1% 31.6%
Institutions holding – 551 38
Change in shares held, QoQ – +12.5% +1,128.1%
Institutions buying – 370 22
Institutions selling – 101 7
Buyers to sellers – 3.66 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.

FCCNQBTSQNC
FCCN 1.00 0.09 0.17
QBTS 0.09 1.00 0.43
QNC 0.17 0.43 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FCCN, QBTS and QNC?

D-Wave Quantum (QBTS) is the largest by market capitalisation: Spectral Capital (FCCN) $155.56M, D-Wave Quantum (QBTS) $3.86B, Quantum eMotion (QNC) $191.37M.

Which company is more profitable?

Spectral Capital (FCCN) has the highest net margin (Spectral Capital (FCCN) 0.0%, D-Wave Quantum (QBTS) -2,001.6%).

Which stock has performed better?

Over the past year Spectral Capital (FCCN) returned the most: Spectral Capital (FCCN) -13.2%, D-Wave Quantum (QBTS) -72.8%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Quantum eMotion (QNC) has been the steadiest (Spectral Capital (FCCN) 110.1%, D-Wave Quantum (QBTS) 100.0%, Quantum eMotion (QNC) 93.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FCCN, QBTS 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, Spectral Capital (FCCN) 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.