COMP <GO>
EH vs AIRO // FORWARD P/E MULTIPLE
EHang Holdings Limited ADS (NASDAQ) VS. AIRO Group Holdings Inc. (NASDAQ) • 15-METRIC TALLY: EH 3
— AIRO 7
■ METRIC PARITY
LAST: $3.59 (-2.18%) • MKT CAP: $278.4M
forward-pe
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LAST: $5.16 (-5.15%) • MKT CAP: $171.7M
forward-pe
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (EH VS. AIRO)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | EH | AIRO | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 61.50% | 59.90% | +1.60 | EH | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -27.90% | -3.10% | -24.80 | AIRO | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -16.82% | -20.68% | +3.86 | EH | /fcf-yield <GO> |
| Operating Margin | -60.00% | -31.60% | -28.40 | AIRO | /operating-margins <GO> |
| Net Profit Margin | -60.00% | -4.50% | -55.50 | AIRO | /net-margins <GO> |
| Revenue Growth (YoY) | -4.40% | 4.60% | -9.00 | AIRO | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.20 | 2.68 | -2.48 | AIRO | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 5/9 | -1.00 | AIRO | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 40.7 | 44.1 | -3.40 | AIRO | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $278.4M | $171.7M | $106.7M | EH | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | EH REV | AIRO REV | EH GROSS % | AIRO GROSS % | EH FCF | AIRO FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $59.8M | $90.9M | 61.5% | 59.9% | -$46.8M | -$35.5M |
| FY 2024 | $62.5M | $86.9M | 61.4% | 67.1% | $16.3M | $20.7M |
| FY 2023 | $16.5M | — | — | — | -$12.5M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
EH // BETA —
AIRO // BETA —