COMP <GO>
HLIT vs SPCX // FORWARD P/E MULTIPLE
Harmonic Inc. (NASDAQ) VS. Space Exploration Technologies Corp. (NASDAQ) • 15-METRIC TALLY: HLIT 2
— SPCX 7
■ METRIC PARITY
LAST: $10.80 (+0.65%) • MKT CAP: $1.18B
forward-pe
—
LAST: $143.89 (-0.92%) • MKT CAP: $1.95T
forward-pe
18.2x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (HLIT VS. SPCX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | HLIT | SPCX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 48.50% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 3.00% | 58.30% | -55.30 | SPCX | /roic <GO> |
| EV/EBITDA & P/E Valuation | 49.5x | 14.3x | +35.20 | SPCX | /valuation <GO> |
| Free Cash Flow Yield | 8.23% | 3.99% | +4.24 | HLIT | /fcf-yield <GO> |
| Operating Margin | 3.90% | 21.10% | -17.20 | SPCX | /operating-margins <GO> |
| Net Profit Margin | 0.30% | 16.40% | -16.10 | SPCX | /net-margins <GO> |
| Revenue Growth (YoY) | -26.20% | 20.90% | -47.10 | SPCX | /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 | 26.00 | -25.80 | 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 | 50.5 | 45.9 | +4.60 | HLIT | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.36 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | — | 18.2x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $1.18B | $1.95T | -$1.95T | SPCX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | HLIT REV | SPCX REV | HLIT GROSS % | SPCX GROSS % | HLIT FCF | SPCX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $360.5M | $0 | 48.5% | — | $96.9M | $0 |
| FY 2024 | $488.2M | — | 49.2% | — | $52.7M | — |
| FY 2023 | $388.5M | — | — | — | $7.1M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
HLIT // BETA —
SPCX // BETA 1.36