Aqarios Quantum Technologies AG

€15.90As of Sun 8 Nov 2026, 12:00 UTC

DUS:R0D—

Country Germany

PE (Fwd) •••

TSR 10Y CAGR —

Div yield —

ROE —

—

Beta (5Y) —

PE TTM —

TSR TTM —

Mkt cap —

ROIC —

SE Grade™

Value

Quality

Moat

Consensus

Reference

€18

12.08%

729.48%

Buy 11|12|1|12|1

TTM

FYE 31 Dec EUR

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

6.043

Revenue€B

5.576

5.823

6.145

6.355

6.500

6.762

7.079

7.362

7.528

7.691

6.459

3.42%

3.60%

26.52

Revenue growth%

28.39

31.18

30.03

29.30

30.84

30.39

28.80

30.40

30.62

29.01

3.15

30.39

30.21

7.41

Gross margin%

21.97

20.15

22.10

23.44

22.33

19.96

19.28

21.46

20.90

21.02

22.89

20.90

21.24

28.52

Operating margin%

30.00

28.06

28.96

27.34

24.82

22.57

25.43

26.29

24.17

24.02

21.59

24.17

25.86

18.38

Net margin%

21.58

23.67

23.08

21.04

20.98

18.30

20.39

20.58

23.27

22.51

9.20

20.58

21.31

10.65

P/E ratio (avg)x

29.44

27.25

27.14

29.90

32.95

34.50

32.79

34.15

37.76

37.72

11.31

34.50

32.87

13.57

EV/EBITx

30.19

27.66

27.41

28.36

29.77

27.92

31.45

31.27

33.13

31.32

17.90

31.32

29.98

12.14

FCF yield (avg)%

2.00

0.63

2.36

4.46

6.61

8.13

5.90

4.23

4.57

2.70

20.49

4.57

4.35

5.10

FCF margin%

24.83

22.65

21.11

22.89

21.55

22.70

22.56

22.15

19.38

18.10

14.45

22.15

22.35

0.905

FCF / Net incomex

1.924

1.821

1.787

1.751

1.858

1.949

2.055

2.186

2.532

2.515

1.419

2.186

1.937

10.80

ROIC%

21.81

23.97

21.91

20.92

19.19

21.88

24.75

27.05

29.48

28.91

4.69

27.05

22.94

20.79

Return on equity%

27.43

29.43

28.27

29.01

30.24

29.79

27.24

24.34

27.23

25.24

5.56

27.23

27.85

5.29

Return on assets%

14.76

17.00

17.90

15.61

15.93

16.43

14.63

16.26

13.48

15.97

4.63

15.97

15.95

1.45

EPS€

1.59

1.44

1.31

1.40

1.37

1.30

1.33

1.36

1.42

1.44

1.60

0.96%

(0.87%)

—

25.41

EPS growth%

16.58

19.33

19.37

21.69

21.93

24.04

26.08

26.66

26.70

25.00

25.27

26.08

22.99

1.73

Bookvalue per sh€

0.63

0.70

0.66

0.63

0.58

0.60

0.53

0.50

0.48

0.99

(3.57%)

(1.86%)

—

1.25

FCF per share€

0.68

0.63

0.58

0.59

0.60

0.63

0.70

0.72

0.79

0.77

0.66

5.07%

0.94%

—

1.69

Dividend per sh€

1.17

1.15

1.00

1.04

0.97

1.02

0.89

0.85

0.77

0.81

1.30

(3.56%)

(4.31%)

—

7.41

Div yield (avg)%

6.11

6.23

5.36

3.55

2.53

2.70

1.52

0.40

25.10

0.40

2.62

20.97

Payout ratio%

29.33

28.68

30.44

31.44

32.00

34.04

33.31

33.68

35.82

36.93

27.48

34.04

32.65

116.4

Shares (diluted)M

128.9

133.7

141.1

141.2

161.1

192.4

201.4

201.2

200.9

237.5

115.7

8.07%

7.50%

22.94

Buyback yield%

7.50

6.99

5.70

3.59

4.64

6.30

6.76

8.50

7.56

6.89

8.88

6.89

6.83

0.910

D/E ratiox

0.524

0.505

0.574

0.649

0.659

0.609

0.657

0.709

0.798

0.776

0.914

0.709

0.653

3.679

Enterprise value€B

5.596

5.591

6.113

5.828

6.089

6.535

7.453

8.078

8.853

8.611

4.197

7.18%

5.19%

7.110

LT debt€B

6.473

6.650

6.031

5.711

6.219

5.847

5.963

5.500

5.840

6.004

4.976

(0.70%)

(0.13%)

Peers (US$44.35M)

Cap (US$)

cyan AG

57.93M

—

Exasol AG

52.39M

16.51x

Chainledger Systems AG

2.532M

—

ESTsoft Corp.

42.51M

—

Capital

TTM

10Y

Leveragex

0.987

1.434

0.969

EBIT/Intx

1.216

0.389

0.332

Own earn%

(35.17)

(95.89)

(88.46)

Sh yield%

30.35

8.27

8.59

Owners

Insiders/Inst%

3.02

89.01

Short interest%

4.38

SBC / revenue%

4.90

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

23–30

$1 testx

−0.2

Incr. ROIC%

Aqarios Quantum Technologies AG develops and provides software and solutions for planning, scheduling, and optimization problems across Germany. The company offers Luna software platform, which utilizes combinatorial optimization, artificial intelligence, and quantum computing to solve issues for manufacturing, logistics, and energy industries.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

€7.691B

3.60%

1.00×

Cost of revenue

€4.485B

3.57%

1.00×

Operating expenses

€903.7M

3.74%

1.01×