COMP <GO>
ATEC vs XRAY // EV/EBITDA & P/E VALUATION
Alphatec Holdings Inc. (NASDAQ) VS. DENTSPLY SIRONA Inc. (NASDAQ) • 15-METRIC TALLY: ATEC 2
— XRAY 6
■ METRIC PARITY
LAST: $11.37 (-0.70%) • MKT CAP: $1.76B
valuation
—
LAST: $9.61 (+1.80%) • MKT CAP: $1.92B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ATEC VS. XRAY)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ATEC | XRAY | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 69.60% | 50.00% | +19.60 | ATEC | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -18.40% | -11.00% | -7.40 | XRAY | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 0.16% | 12.27% | -12.11 | XRAY | /fcf-yield <GO> |
| Operating Margin | -10.70% | -11.50% | +0.80 | ATEC | /operating-margins <GO> |
| Net Profit Margin | -18.80% | -16.20% | -2.60 | XRAY | /net-margins <GO> |
| Revenue Growth (YoY) | — | -3.00% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 6.68% | -6.68 | XRAY | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | 0.45 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 6/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 27.2 | 55.1 | -27.91 | XRAY | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $1.76B | $1.92B | -$159.7M | XRAY | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ATEC REV | XRAY REV | ATEC GROSS % | XRAY GROSS % | ATEC FCF | XRAY FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $764.2M | $3.68B | 69.6% | 50.0% | $2.8M | $235.0M |
| FY 2024 | $611.6M | $3.79B | 69.4% | 51.6% | -$127.9M | $461.0M |
| FY 2023 | $0 | $3.96B | — | — | -$78.5M | $377.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ATEC // BETA —
XRAY // BETA —