COMP <GO>
HSAI vs CAT // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Hesai Group (NASDAQ) VS. Caterpillar Inc. (NYSE) • 15-METRIC TALLY: HSAI 3
— CAT 10
■ METRIC PARITY
LAST: $12.18 (-6.09%) • MKT CAP: $2.04B
options-implied-move
—
LAST: $622.75 (-3.81%) • MKT CAP: $297.59B
options-implied-move
8.46%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (HSAI VS. CAT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | HSAI | CAT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.80% | 82.20% | -40.40 | CAT | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 1.80% | 21.15% | -19.35 | CAT | /roic <GO> |
| EV/EBITDA & P/E Valuation | 29.8x | 20.9x | +8.94 | CAT | /valuation <GO> |
| Free Cash Flow Yield | -1.35% | 3.74% | -5.09 | CAT | /fcf-yield <GO> |
| Operating Margin | 5.60% | 17.52% | -11.92 | CAT | /operating-margins <GO> |
| Net Profit Margin | 14.40% | 14.51% | -0.11 | CAT | /net-margins <GO> |
| Revenue Growth (YoY) | 52.10% | 18.36% | +33.74 | HSAI | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 1.05% | -1.05 | CAT | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 4.21 | 4.34 | -0.13 | CAT | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 5/9 | +2.00 | HSAI | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | 8.46% | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 42.5 | 33.5 | +9.00 | HSAI | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.02 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 27.5x | 19.7x | +7.78 | CAT | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $2.04B | $297.59B | -$295.55B | CAT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | HSAI REV | CAT REV | HSAI GROSS % | CAT GROSS % | HSAI FCF | CAT FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $432.9M | $67.59B | 41.8% | 99.9% | -$27.5M | $8.92B |
| FY 2024 | $284.6M | $64.81B | 42.6% | 100.0% | -$26.9M | $10.05B |
| FY 2023 | $264.4M | $67.06B | — | 99.8% | $8.1M | $11.29B |
| FY 2022 | — | $59.43B | — | 99.3% | — | $6.47B |
| FY 2021 | — | $50.97B | — | 30.3% | — | $6.11B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
HSAI // BETA —
CAT // BETA 1.02