WallStSmart

Arista Networks (ANET)vsD-Wave Quantum Inc. (QBTS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Arista Networks generates 77929% more annual revenue ($9.71B vs $12.44M). ANET leads profitability with a 38.3% profit margin vs 0.0%. ANET earns a higher WallStSmart Score of 72/100 (B).

ANET

Strong Buy

72

out of 100

Grade: B

Growth: 9.3Profit: 9.5Value: 5.3Quality: 6.8
Piotroski: 2/9Altman Z: 3.53

QBTS

Avoid

20

out of 100

Grade: F

Growth: 5.3Profit: 2.5Value: 5.0Quality: 9.0
Piotroski: 4/9Altman Z: 6.45
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ANETUndervalued (+62.7%)

Margin of Safety

+62.7%

Fair Value

$467.21

Current Price

$155.27

$311.94 discount

UndervaluedFair: $467.21Overvalued

Intrinsic value data unavailable for QBTS.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ANET6 strengths · Avg: 9.8/10
Market CapQuality
$220.77B10/10

Mega-cap, among the largest globally

Profit MarginProfitability
38.3%10/10

Keeps 38 of every $100 in revenue as profit

Operating MarginProfitability
42.7%10/10

Strong operational efficiency at 42.7%

Revenue GrowthGrowth
35.1%10/10

Revenue surging 35.1% year-over-year

Altman Z-ScoreHealth
3.5310/10

Safe zone — low bankruptcy risk

Return on EquityProfitability
27.6%9/10

Every $100 of equity generates 28 in profit

QBTS2 strengths · Avg: 10.0/10
Debt/EquityHealth
0.0410/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
6.4510/10

Safe zone — low bankruptcy risk

Areas to Watch

ANET4 concerns · Avg: 3.3/10
PEG RatioValuation
2.204/10

Expensive relative to growth rate

Price/BookValuation
14.5x4/10

Trading at 14.5x book value

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

P/E RatioValuation
60.3x2/10

Premium valuation, high expectations priced in

QBTS4 concerns · Avg: 3.3/10
Price/BookValuation
12.4x4/10

Trading at 12.4x book value

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

Return on EquityProfitability
-32.7%2/10

ROE of -32.7% — below average capital efficiency

Comparative Analysis Report

WallStSmart Research

Bull Case : ANET

The strongest argument for ANET centers on Market Cap, Profit Margin, Operating Margin. Profitability is solid with margins at 38.3% and operating margin at 42.7%. Revenue growth of 35.1% demonstrates continued momentum.

Bull Case : QBTS

The strongest argument for QBTS centers on Debt/Equity, Altman Z-Score.

Bear Case : ANET

The primary concerns for ANET are PEG Ratio, Price/Book, Piotroski F-Score. A P/E of 60.3x leaves little room for execution misses.

Bear Case : QBTS

The primary concerns for QBTS are Price/Book, EPS Growth, Profit Margin.

Key Dynamics to Monitor

ANET profiles as a growth stock while QBTS is a value play — different risk/reward profiles.

QBTS carries more volatility with a beta of 1.95 — expect wider price swings.

ANET is growing revenue faster at 35.1% — sustainability is the question.

ANET generates stronger free cash flow (1.6B), providing more financial flexibility.

Bottom Line

ANET scores higher overall (72/100 vs 20/100), backed by strong 38.3% margins and 35.1% revenue growth. Both earn "Strong Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Arista Networks

TECHNOLOGY · COMPUTER HARDWARE · USA

Arista Networks (formerly Arastra) is an American computer networking company headquartered in Santa Clara, California. The company designs and sells multilayer network switches to deliver software-defined networking (SDN) solutions for large datacenter, cloud computing, high-performance computing, and high-frequency trading environments.

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D-Wave Quantum Inc.

TECHNOLOGY · COMPUTER HARDWARE · USA

D-Wave Quantum Inc. develops and offers quantum computing systems, software and services worldwide. The company is headquartered in Burnaby, Canada.

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