Quantum ComputingMEX:QUBT -1.47%36 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates MEX:QUBT with a GF Score™ of 36/100 and a GF Value™ of MXN182.04 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,426 Hardware companies, Quantum Computing ranks better than 59.56% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Quantum Computing has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Quantum Computing's Piotroski F-Score or its related term are showing as below:
MEX:QUBT'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 4 Max: 5
Current: 5
During the past 7 years, the highest Piotroski F-Score of Quantum Computing was 5. The lowest was 3. And the median was 4.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Quantum Computing Piotroski F-Score Related Terms
Quantum Computing Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Quantum Computing's Piotroski F-Score 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.
MEX:QUBT vs BRAI, UMAC, CRSR: Piotroski F-Score Comparison
For the Computer Hardware subindustry, Quantum Computing's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.
Quantum Computing Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, Quantum Computing's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Quantum Computing's Piotroski F-Score falls into.
* 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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was -686.927 + 43.696 + -28.017 + -73.032 = MXN-744.28 Mil. Cash Flow from Operations was -114.915 + -160.402 + -198.351 + -169.922 = MXN-643.59 Mil. Revenue was 1.149 + 7.044 + 3.565 + 66.559 = MXN78.32 Mil. Gross Profit was 0.49 + 2.311 + -1.765 + -13.002 = MXN-11.97 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(4961.789 + 8022.821 + 16476.21 + 29149.788 + 29222.603) / 5 = MXN17566.6422 Mil. Total Assets at the begining of this year (Mar25) was MXN4,961.79 Mil. Long-Term Debt & Capital Lease Obligation was MXN66.32 Mil. Total Current Assets was MXN18,124.23 Mil. Total Current Liabilities was MXN271.84 Mil.
Net Income was -95.155 + -111.742 + -1068.584 + 347.421 = MXN-928.06 Mil.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Quantum Computing's current Net Income (TTM) was -744.28.
==> Negative ==> Score 0.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Quantum Computing's return on assets of this year was -0.15000235. Quantum Computing's return on assets of last year was -0.70609431.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Quantum Computing's gearing of this year was 0.00377557. Quantum Computing's gearing of last year was 0.00877317.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Quantum Computing's current ratio of this year was 66.67169653. Quantum Computing's current ratio of last year was 44.69243028.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Quantum Computing's number of shares in issue this year was 223.986. Quantum Computing's number of shares in issue last year was 153.006.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Quantum Computing's gross margin of this year was -0.15278931. Quantum Computing's gross margin of last year was 0.29799543.
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Quantum Computing's asset turnover of this year was 0.01578402. Quantum Computing's asset turnover of last year was 0.00565524.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Quantum Computing has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Quantum Computing (MEX:QUBT) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Quantum Computing and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Quantum Computing's Piotroski F-Score has ranged from 3.00 to 5.00. According to the industry distribution chart, Quantum Computing ranks #981 out of 2426 companies in the Hardware industry, placing it in the top 40.4%.
Is Quantum Computing's Piotroski F-Score too high?
Quantum Computing's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 5.00. The Hardware industry median Piotroski F-Score is 5.00. Quantum Computing's value of 5 is 0% at this industry median. Based on the distribution chart, Quantum Computing ranks #981 out of 2426 companies in the Hardware industry, which is above the industry midpoint. Overall, Quantum Computing has a GF Score™ of 36/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quantum Computing's Piotroski F-Score compare to BRAI and UMAC?
According to the Hardware industry distribution chart, Quantum Computing ranks #981 out of 2426 companies for Piotroski F-Score. This puts Quantum Computing in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Quantum Computing's value of 5 is 0% at this benchmark. Historically, Quantum Computing's own Piotroski F-Score has ranged from 3.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Quantum Computing has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,426 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Quantum Computing's current Piotroski F-Score of 5 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Quantum Computing and its competitors. For the Hardware industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quantum Computing's current Piotroski F-Score is 5, which is 25% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quantum Computing stock overvalued right now?
Based on GuruFocus' analysis, Quantum Computing (MEX:QUBT) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN182.04, compared to a current price of MXN159.00 — trading 12.7% below its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Hardware industry median of 5.00. Quantum Computing's overall GF Score™ is 36/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Quantum Computing (MEX:QUBT), the current Piotroski F-Score is 5 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Quantum Computing (MEX:QUBT) Overvalued in 2026?
Based on GuruFocus' analysis, Quantum Computing stock appears to be undervalued.
The current stock price of MXN159.00 is trading 12.7% below its estimated GF Value™ of MXN182.04.
GuruFocus considers Quantum Computing to be Modestly Undervalued.
Key valuation signals for MEX:QUBT:
Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
GF Value™: MXN182.04 vs. price of MXN159.00 (12.7% below fair value)
Industry Position: 0% at the Hardware median (#981 of 2426)
No single metric tells the full story. See the MEX:QUBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quantum Computing Inc is an integrated photonics and non-linear quantum optics company to develop and deliver machines for quantum computing, reservoir computing, and remote sensing, imaging, and cybersecurity applications based on patented and proprietary photonics technology. Its products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technologies and products offers capabilities in the areas of high-performance computing, artificial intelligence, and cybersecurity, as well as remote sensing applications.
36GF Score
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