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IonQ (IONQ) Intrinsic Value: Projected FCF : $0.00 (As of May. 27, 2024)


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What is IonQ Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-27), IonQ's Intrinsic Value: Projected FCF is $0.00. The stock price of IonQ is $8.43. Therefore, IonQ's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for IonQ's Intrinsic Value: Projected FCF or its related term are showing as below:

IONQ's Price-to-Projected-FCF is not ranked *
in the Hardware industry.
Industry Median: 1.45
* Ranked among companies with meaningful Price-to-Projected-FCF only.

IonQ Intrinsic Value: Projected FCF Historical Data

The historical data trend for IonQ's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IonQ Intrinsic Value: Projected FCF Chart

IonQ Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
- - - -

IonQ Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of IonQ's Intrinsic Value: Projected FCF

For the Computer Hardware subindustry, IonQ's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IonQ's Price-to-Projected-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, IonQ's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where IonQ's Price-to-Projected-FCF falls into.



IonQ Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)



IonQ  (NYSE:IONQ) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

IonQ's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=8.43/
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


IonQ Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of IonQ's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


IonQ (IONQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IonQ Inc (NYSE:IONQ) » Definitions » Intrinsic Value: Projected FCF
Traded in Other Exchanges
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Address
4505 Campus Drive, College Park, MD, USA, 20740
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems, and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
Executives
Rima Alameddine officer: Chief Revenue Officer C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Peter Hume Chapman director, officer: President and CEO C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Jungsang Kim director, officer: Chief Strategy Officer C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Thomas G. Kramer officer: Chief Financial Officer C/O OPOWER, INC., 1515 NORTH COURTHOUSE ROAD, 8TH FLOOR, ARLINGTON VA 22201
Christopher Monroe officer: Chief Scientist C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Laurie A. Babinski officer: General Counsel and Secretary C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Wendy Thomas director C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Kathryn K. Chou director C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
New Enterprise Associates 15, L.p. 10 percent owner 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Gv 2016 Gp, L.l.c. 10 percent owner 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW MA 94043
Inder M Singh director C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Harry L. You director, 10 percent owner, officer: Chairman EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
2019, L.p. Gv 10 percent owner 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Gv 2019 Gp, L.p. 10 percent owner 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Gv 2019 Gp, L.l.c. 10 percent owner 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043