COMP <GO>
AES vs WM // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
The AES Corporation (NYSE) VS. Waste Management Inc. (NYSE) • 15-METRIC TALLY: AES 4
— WM 11
▲ OPTIONS IMPLIED MOVE & PUT/CALL SKEW LEADER: WM
LAST: $14.83 (-1.46%) • MKT CAP: $10.74B
options-implied-move
6.10%
LAST: $233.45 (+1.10%) • MKT CAP: $91.81B
options-implied-move
5.90%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (AES VS. WM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | AES | WM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 18.10% | 40.40% | -22.30 | WM | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 6.70% | 13.70% | -7.00 | WM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 3.5x | 20.2x | -16.70 | AES | /valuation <GO> |
| Free Cash Flow Yield | -15.12% | 5.35% | -20.47 | WM | /fcf-yield <GO> |
| Operating Margin | 9.10% | 17.10% | -8.00 | WM | /operating-margins <GO> |
| Net Profit Margin | 7.40% | 10.70% | -3.30 | WM | /net-margins <GO> |
| Revenue Growth (YoY) | -0.40% | 14.20% | -14.60 | WM | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 4.67% | 1.45% | +3.22 | AES | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.54 | 2.91 | -2.37 | WM | /balance-sheet <GO> |
| Piotroski F-Score Quality | 3/9 | 6/9 | -3.00 | WM | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | 6.10% | 5.90% | +0.20 | WM | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 38.4 | 60.7 | -22.29 | WM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.75 | 0.70 | +0.05 | AES | /macro-sensitivity <GO> |
| Forward P/E Multiple | 11.0x | 28.5x | -17.50 | AES | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $10.74B | $91.81B | -$81.08B | WM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | AES REV | WM REV | AES GROSS % | WM GROSS % | AES FCF | WM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $12.23B | $25.20B | 18.1% | 40.4% | -$1.62B | $4.91B |
| FY 2024 | $12.28B | $22.06B | 18.8% | 39.3% | -$4.64B | $4.40B |
| FY 2023 | $12.67B | $20.43B | 44.0% | 44.0% | $2.46B | $3.80B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
AES // BETA 0.75
WM // BETA 0.70