COMP <GO>
HTO vs WM // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
H2O America (NASDAQ) VS. Waste Management Inc. (NYSE) • 15-METRIC TALLY: HTO 8
— WM 7
▲ OPTIONS IMPLIED MOVE & PUT/CALL SKEW LEADER: HTO
LAST: $59.74 (+2.00%) • MKT CAP: $2.83B
options-implied-move
5.40%
LAST: $233.45 (+1.10%) • MKT CAP: $91.81B
options-implied-move
5.90%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (HTO VS. WM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | HTO | WM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | 40.40% | +0.60 | HTO | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 4.10% | 13.70% | -9.60 | WM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 22.4x | 20.2x | +2.20 | WM | /valuation <GO> |
| Free Cash Flow Yield | 7.37% | 5.35% | +2.02 | HTO | /fcf-yield <GO> |
| Operating Margin | 22.00% | 17.10% | +4.90 | HTO | /operating-margins <GO> |
| Net Profit Margin | 12.70% | 10.70% | +2.00 | HTO | /net-margins <GO> |
| Revenue Growth (YoY) | 9.40% | 14.20% | -4.80 | WM | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.07% | 1.45% | +0.62 | HTO | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.10 | 2.91 | -1.81 | WM | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 6/9 | +1.00 | HTO | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | 5.40% | 5.90% | -0.50 | HTO | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 51.1 | 60.7 | -9.60 | WM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.55 | 0.70 | -0.15 | WM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 25.7x | 28.5x | -2.80 | HTO | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $2.83B | $91.81B | -$88.98B | WM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | HTO REV | WM REV | HTO GROSS % | WM GROSS % | HTO FCF | WM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $805.6M | $25.20B | 44.0% | 40.4% | $208.6M | $4.91B |
| FY 2024 | $736.3M | $22.06B | 44.0% | 39.3% | $162.4M | $4.40B |
| FY 2023 | $678.2M | $20.43B | 44.0% | 44.0% | $160.3M | $3.80B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
HTO // BETA 0.55
WM // BETA 0.70