Rigetti Computing, Inc. (RGTI)
Total Valuation
RGTI has a market cap or net worth of $243.60 million. The enterprise value is $174.23 million.
Market Cap | 243.60M |
Enterprise Value | 174.23M |
Important Dates
The last earnings date was Thursday, March 14, 2024, after market close.
Earnings Date | Mar 14, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
RGTI has 158.18 million shares outstanding. The number of shares has increased by 29.01% in one year.
Shares Outstanding | 158.18M |
Shares Change (YoY) | +29.01% |
Shares Change (QoQ) | +4.87% |
Owned by Insiders (%) | 5.14% |
Owned by Institutions (%) | 38.40% |
Float | 129.41M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | n/a |
PS Ratio | 20.29 |
Forward PS | 14.93 |
PB Ratio | 2.22 |
P/FCF Ratio | n/a |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 14.51 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 3.71, with a Debt / Equity ratio of 0.28.
Current Ratio | 3.71 |
Quick Ratio | 3.61 |
Debt / Equity | 0.28 |
Debt / EBITDA | n/a |
Debt / FCF | n/a |
Interest Coverage | -12.00 |
Financial Efficiency
Return on equity (ROE) is -63.90% and return on invested capital (ROIC) is -51.58%.
Return on Equity (ROE) | -63.90% |
Return on Assets (ROA) | -44.50% |
Return on Capital (ROIC) | -51.58% |
Revenue Per Employee | $89,612 |
Profits Per Employee | -$560,500 |
Employee Count | 134 |
Asset Turnover | 0.07 |
Inventory Turnover | n/a |
Taxes
Income Tax | n/a |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +178.18% in the last 52 weeks. The beta is 2.50, so RGTI's price volatility has been higher than the market average.
Beta (1Y) | 2.50 |
52-Week Price Change | +178.18% |
50-Day Moving Average | 1.53 |
200-Day Moving Average | 1.48 |
Relative Strength Index (RSI) | 43.69 |
Average Volume (30 Days) | 6,841,959 |
Short Selling Information
The latest short interest is 13.55 million, so 8.57% of the outstanding shares have been sold short.
Short Interest | 13.55M |
Short Previous Month | 13.53M |
Short % of Shares Out | 8.57% |
Short % of Float | 10.47% |
Short Ratio (days to cover) | 1.24 |
Income Statement
In the last 12 months, RGTI had revenue of $12.01 million and -$75.11 million in losses. Loss per share was -$0.57.
Revenue | 12.01M |
Gross Profit | 9.21M |
Operating Income | -72.30M |
Pretax Income | -75.11M |
Net Income | -75.11M |
EBITDA | -60.22M |
EBIT | -69.33M |
Loss Per Share | -$0.57 |
Balance Sheet
The company has $99.93 million in cash and $30.57 million in debt, giving a net cash position of $69.36 million or $0.44 per share.
Cash & Cash Equivalents | 99.93M |
Total Debt | 30.57M |
Net Cash | 69.36M |
Net Cash Per Share | $0.44 |
Equity / Book Value | 109.59M |
Book Value Per Share | 0.69 |
Working Capital | 78.62M |
Cash Flow
In the last 12 months, operating cash flow was -$50.58 million and capital expenditures -$9.06 million, giving a free cash flow of -$59.64 million.
Operating Cash Flow | -50.58M |
Capital Expenditures | -9.06M |
Free Cash Flow | -59.64M |
FCF Per Share | -$0.45 |
Margins
Gross margin is 76.68%, with operating and profit margins of -602.06% and -625.47%.
Gross Margin | 76.68% |
Operating Margin | -602.06% |
Pretax Margin | -625.47% |
Profit Margin | -625.47% |
EBITDA Margin | -501.50% |
EBIT Margin | -577.35% |
FCF Margin | -496.65% |
Dividends & Yields
RGTI does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -29.01% |
Shareholder Yield | -29.01% |
Earnings Yield | -30.83% |
FCF Yield | -24.48% |
Analyst Forecast
The average price target for RGTI is $2.75, which is 79.74% higher than the current price. The consensus rating is "Strong Buy".
Price Target | $2.75 |
Price Target Difference | 79.74% |
Analyst Consensus | Strong Buy |
Analyst Count | 4 |
Revenue Growth Forecast (5Y) | 70.72% |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
Last Split Date | n/a |
Split Type | n/a |
Split Ratio | n/a |
Scores
RGTI has an Altman Z-Score of -0.96 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | -0.96 |
Piotroski F-Score | 3 |