COMP <GO>
ADTN vs WM // ALTMAN Z-SCORE & DEBT/EQUITY
ADTRAN Holdings Inc. (NASDAQ) VS. Waste Management Inc. (NYSE) • 15-METRIC TALLY: ADTN 3
— WM 8
▲ ALTMAN Z-SCORE & DEBT/EQUITY LEADER: WM
LAST: $6.53 (-5.91%) • MKT CAP: $565.5M
balance-sheet
0.78
LAST: $233.45 (+1.10%) • MKT CAP: $91.81B
balance-sheet
2.91
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ADTN VS. WM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ADTN | WM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 38.30% | 40.40% | -2.10 | WM | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -2.90% | 13.70% | -16.60 | WM | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 20.2x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 17.34% | 5.35% | +11.99 | ADTN | /fcf-yield <GO> |
| Operating Margin | -1.40% | 17.10% | -18.50 | WM | /operating-margins <GO> |
| Net Profit Margin | -4.20% | 10.70% | -14.90 | WM | /net-margins <GO> |
| Revenue Growth (YoY) | 17.50% | 14.20% | +3.30 | ADTN | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 1.45% | -1.45 | WM | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | 0.78 | 2.91 | -2.13 | WM | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 6/9 | +1.00 | ADTN | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 50.5 | 57.5 | -7.00 | WM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 0.70 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 28.5x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $565.5M | $91.81B | -$91.25B | WM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ADTN REV | WM REV | ADTN GROSS % | WM GROSS % | ADTN FCF | WM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.08B | $25.20B | 38.3% | 40.4% | $98.0M | $4.91B |
| FY 2024 | $922.7M | $22.06B | 35.1% | 39.3% | $69.1M | $4.40B |
| FY 2023 | $1.15B | $20.43B | — | — | -$43.0M | $3.80B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ADTN // BETA —
WM // BETA 0.70