COMP <GO>
APLD vs SPCX // FORWARD P/E MULTIPLE
Applied Digital Corporation (NASDAQ) VS. Space Exploration Technologies Corp. (NASDAQ) • 15-METRIC TALLY: APLD 1
— SPCX 9
▲ FORWARD P/E MULTIPLE LEADER: SPCX
LAST: $16.22 (-8.95%) • MKT CAP: $4.90B
forward-pe
20.0x
LAST: $136.37 (+1.23%) • MKT CAP: $1.85T
forward-pe
18.2x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (APLD VS. SPCX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | APLD | SPCX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 35.10% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -21.70% | 58.30% | -80.00 | SPCX | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 14.3x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 1.06% | 3.99% | -2.93 | SPCX | /fcf-yield <GO> |
| Operating Margin | -38.70% | 21.10% | -59.80 | SPCX | /operating-margins <GO> |
| Net Profit Margin | -40.90% | 16.40% | -57.30 | SPCX | /net-margins <GO> |
| Revenue Growth (YoY) | 180.00% | 20.90% | +159.10 | APLD | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.44 | 26.00 | -24.56 | SPCX | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 7/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 34.5 | 41.1 | -6.60 | SPCX | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.17 | 1.36 | -0.19 | SPCX | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 20.0x | 18.2x | +1.80 | SPCX | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.90B | $1.85T | -$1.85T | SPCX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | APLD REV | SPCX REV | APLD GROSS % | SPCX GROSS % | APLD FCF | SPCX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $611.3M | $38.67B | 35.1% | — | $62.2M | $0 |
| FY 2024 | $144.2M | — | -50.3% | — | -$121.9M | — |
| FY 2023 | $136.6M | — | — | — | $7.6M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
APLD // BETA 1.17
SPCX // BETA 1.36