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← CockpitCompetitor Analysis › HQ Horizon Quantum Holdings Ltd Class AOpen in the cockpit ↗

Horizon Quantum Holdings Ltd Class AHQCompetitor analysis, valuation and peers

United States · USD·Information Technology›Packaged Software
Momentum weak 31
Mkt cap
$617M
US dollars, full cap
Free float
35%
of shares outstanding
$/day
$1.38M
20-day average traded
P/B
14.14×
price to book
ROE
-493.2%
delivered
Implied ROE
51.4%
what the price asks
Next earnings
4 days
10 Nov 2026
Close · USD$11.44
1D+8.9%
1W-18.5%
1M-29.9%
3M-19.0%
6M+14.4%
YTD-11.9%
1Y-4.9%
ATR %12.5%
Beta3.28
52w lowhigh74.6% off high

What Horizon Quantum does

No business profile yet.

Horizon Quantum at a glance

Size Horizon Quantum (HQ) is a United States Information Technology company (Packaged Software) with a market value of $617M, the 2569th largest of 3,117 United States companies the cockpit tracks. Shares closed at $11.44 on 6 Nov 2026.

Performance Over six months the shares gained 14.4%, against -13.0% for the median peer and -1.1% for the United States market (cap-weighted) — 4th highest of 20 in its peer set.

Valuation It trades at 14.14× book value against a peer median of 4.11× (most expensive of 21).

Price implies The share price implies a return on equity of about 51.4%; Horizon Quantum delivers -493.2%, so the price asks more than the business earns today.

Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).

Relative performance

10020030040011 May 202611 Aug 20266 Nov 2026HQ 112Peer median 85
Six months, rebased to 100: Horizon Quantum against the median of its 20 peers (local-currency closes).

Horizon Quantum financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$0$0$0$0$0
Revenue growth—————
Gross profit-$646,233$0$0$0$0
EBITDA-$16.2M-$4.46M-$1.14M-$1.89M-$1.09M
Net income-$126M-$17.8M-$819,410$2.30M-$2.39M
Free cash flow-$14.4M-$352,150-$1.40M-$600,340-$1.07M
Capital expenditure$5.52M$0$0$0$0
Total debt$367,519$2.14M$1.59M$947,850$947,850

Quarterly statements and history in the cockpit →

Horizon Quantum competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+200%+400%+600%-25%0%+25%+50%003007278ARCATRAY-B3002996880393993600212HQ6-month return →1-month return →
Up and to the right = strong over both horizons. Horizon Quantum is the large dot.

Fundamentals: return on equity against price-to-book

-400%-200%0%50×100×150×003007278ARCATRAY-B301556300299TXTSOPH301213CGNT6002121511HQReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Horizon Quantum is the large dot.

Capital: ROE delivered against the ROE the price implies

-400%-200%0%-400%-200%0%003007278ARAY-B300299SOPHHQROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Horizon Quantum is the large dot.

Horizon Quantum competitors and peer comparison

How Horizon Quantum compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Horizon Quantum against its 20 peers (data as of 6 Nov 2026)
MeasureHQPeer medianRank in peer set
1-month return-29.9%-6.2%2nd lowest of 21
6-month return+14.4%-13.0%4th highest of 20
Return on equity-493.2%-2.2%lowest of 20
Price / book14.14×4.11×most expensive of 21
ROE the price implies51.4%32.2%3rd most demanding of 21
ROE delivered-493.2%-1.1%lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Horizon Quantum HQUnited States$617M+14%n/a-493%14.14×51.4%-493.2%
Beijing ZZNode Technologies 003007.SZChina$617M-23%+64%6%2.66×14.3%5.8%
Terra Drone 278A.TJapan$618M+564%+14%-33%9.54×25.1%-33.3%
Red Cat RCATUnited States$617M-61%+693%-34%1.31×16.7%-34.4%
RaySearch Laboratories RAY-B.STSweden$618M+1%+3%24%7.31×36.6%23.7%
Zhejiang TOP Cloud-agri Technology 301556.SZChina$620M-34%-14%8%4.63×39.8%7.7%
Fuchun Technology 300299.SZChina$623M-2%+3%-5%9.61×71.3%-5.4%
TXT e-solutions TXT.MIItaly$610M+29%+22%7%3.61×22.3%7.5%
Hangzhou Arcvideo Technology 688039.SSChina$609M-13%+1%-11%3.94×46.6%-10.9%
Sophia Genetics SOPHUnited States$608M+39%+24%-126%8.94×68.5%-125.7%
Shanghai Amarsoft Information & Technology 300380.SZChina$628M-30%-2%5%4.28×45.8%5.1%
JST 6687.HKHong Kong$603M-28%+26%n/a3.54×11.7%n/a
PKSHA Technology 3993.TJapan$602M-8%+74%7%2.61×30.9%7.4%
Sichuan Discovery Dream Science & Technology 301213.SZChina$633M-26%+34%1%5.36×41.2%1.3%
Cognyte Software CGNTUnited States$597M-27%+28%0%3.06×33.6%0.0%
Mingchen Health 002919.SZChina$640M-33%+19%-2%5.37×38.6%-2.2%
Gresgying Digital Energy Technology 600212.SSChina$594M-34%-8%-14%6.06×34.4%-14.5%
UISEE Technologies (Beijing) 1511.HKHong Kong$593Mn/a+24%-63%5.86×16.5%n/a
Shenzhen Sinovatio Technology 002912.SZChina$592M-2%+7%-3%2.67×21.9%-3.2%
DBAPPSecurity 688023.SSChina$646M-6%+2%-3%1.97×18.8%-3.2%
Sansec Technology 688489.SSChina$590M-13%+18%0%2.21×25.6%0.1%

Questions

Which companies are Horizon Quantum's closest peers?
The cockpit's peer set: Beijing ZZNode Technologies (003007.SZ), Terra Drone (278A.T), Red Cat (RCAT), RaySearch Laboratories (RAY-B.ST), Zhejiang TOP Cloud-agri Technology (301556.SZ), Fuchun Technology (300299.SZ), TXT e-solutions (TXT.MI), Hangzhou Arcvideo Technology (688039.SS).
Is Horizon Quantum expensive compared with its peers?
On price / book it trades at 14.14× against a peer median of 4.11×, most expensive of 21 in its peer set. The share price implies a return on equity of about 51.4%; Horizon Quantum delivers -493.2%, so the price asks more than the business earns today.
How has Horizon Quantum stock performed?
Over six months to 6 Nov 2026 the shares returned +14.4% against -13.0% for the median peer; over one year -4.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.