COMP <GO>
AAOI vs CRUS // EV/EBITDA & P/E VALUATION
Applied Optoelectronics Inc. (NASDAQ) VS. Cirrus Logic Inc. (NASDAQ) • 15-METRIC TALLY: AAOI 3
— CRUS 9
■ METRIC PARITY
LAST: $62.50 (-9.49%) • MKT CAP: $5.86B
valuation
—
LAST: $111.48 (+1.51%) • MKT CAP: $5.50B
valuation
11.5x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (AAOI VS. CRUS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | AAOI | CRUS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 30.00% | 52.80% | -22.80 | CRUS | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -8.00% | 20.00% | -28.00 | CRUS | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 11.5x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -5.26% | 11.17% | -16.43 | CRUS | /fcf-yield <GO> |
| Operating Margin | -12.00% | 23.00% | -35.00 | CRUS | /operating-margins <GO> |
| Net Profit Margin | -8.40% | 20.70% | -29.10 | CRUS | /net-margins <GO> |
| Revenue Growth (YoY) | 82.80% | 5.30% | +77.50 | AAOI | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 9.36 | 5.03 | +4.33 | AAOI | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 9/9 | -5.00 | CRUS | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 38.6 | 42.8 | -4.20 | CRUS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.32 | 1.41 | -0.09 | CRUS | /macro-sensitivity <GO> |
| Forward P/E Multiple | 22.0x | 12.8x | +9.20 | CRUS | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.86B | $5.50B | $358.9M | AAOI | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | AAOI REV | CRUS REV | AAOI GROSS % | CRUS GROSS % | AAOI FCF | CRUS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $455.7M | $2.00B | 30.0% | 52.8% | -$353.6M | $636.6M |
| FY 2024 | $249.4M | $1.90B | 24.8% | 52.5% | -$112.9M | $421.6M |
| FY 2023 | $217.6M | $1.79B | — | — | -$17.7M | $341.2M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
AAOI // BETA 1.32
CRUS // BETA 1.41