COMP <GO>
DX vs MS // 10Y YIELD & FRED MACRO BETA
Dynex Capital Inc. (NYSE) VS. Morgan Stanley (NYSE) • 15-METRIC TALLY: DX 2
— MS 4
■ METRIC PARITY
LAST: $10.89 (+0.55%) • MKT CAP: $2.83B
macro-sensitivity
—
LAST: $190.00 (-0.07%) • MKT CAP: $298.41B
macro-sensitivity
1.04
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (DX VS. MS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | DX | MS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 0.00% | 3.00% | -3.00 | MS | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 31.0x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 4.27% | -7.25% | +11.52 | DX | /fcf-yield <GO> |
| Operating Margin | — | 24.60% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | — | 20.20% | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | — | 5.50% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 8.72% | 2.21% | +6.51 | DX | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 5/9 | -1.00 | MS | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 35.9 | 51.0 | -15.10 | MS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | — | 1.04 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 16.5x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $2.83B | $298.41B | -$295.58B | MS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | DX REV | MS REV | DX GROSS % | MS GROSS % | DX FCF | MS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $0 | $0 | — | — | $120.8M | -$17.89B |
| FY 2024 | $0 | $0 | — | — | $14.4M | $1.36B |
| FY 2023 | $0 | $0 | — | — | $62.2M | -$33.54B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
DX // BETA —
MS // BETA 1.04