COMP <GO>

DCO vs AADX // OPTIONS IMPLIED MOVE & PUT/CALL SKEW

Ducommun Incorporated (NYSE) VS. Applied Aerospace & Defense Inc. (NYSE) • 15-METRIC TALLY: DCO 1 — AADX 1

■ METRIC PARITY

LAST: $160.28 (-4.63%) • MKT CAP: $2.54B

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LAST: $11.15 (-5.67%) • MKT CAP: $2.04B

options-implied-move

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15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (DCO VS. AADX) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	DCO	AADX	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	26.90%	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	-3.10%	—	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	-1.92%	—	—	TIE	/fcf-yield <GO>
Operating Margin	-4.30%	—	—	TIE	/operating-margins <GO>
Net Profit Margin	-4.50%	—	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	4.90%	—	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	4.43	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	5/9	—	—	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew ACTIVE	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	50.5	53.1	-2.60	AADX	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	—	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$2.54B	$2.04B	$500.0M	DCO	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	DCO REV	AADX REV	DCO GROSS %	AADX GROSS %	DCO FCF	AADX FCF
FY 2025	$824.8M	$0	26.9%	—	-$48.6M	—
FY 2024	$786.4M	—	25.1%	—	$20.1M	—
FY 2023	$757.0M	—	—	—	$31.1M	—

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

DCO // BETA —

AADX // BETA —