COMP <GO>
MXL vs AAOI // ALTMAN Z-SCORE & DEBT/EQUITY
MaxLinear Inc. (NASDAQ) VS. Applied Optoelectronics Inc. (NASDAQ) • 15-METRIC TALLY: MXL 6
— AAOI 5
▲ ALTMAN Z-SCORE & DEBT/EQUITY LEADER: MXL
LAST: $61.33 (-9.10%) • MKT CAP: $6.14B
balance-sheet
10.63
LAST: $62.50 (-9.49%) • MKT CAP: $5.86B
balance-sheet
9.36
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MXL VS. AAOI)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MXL | AAOI | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 56.80% | 30.00% | +26.80 | MXL | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -19.20% | -8.00% | -11.20 | AAOI | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 0.11% | -5.26% | +5.37 | MXL | /fcf-yield <GO> |
| Operating Margin | -27.10% | -12.00% | -15.10 | AAOI | /operating-margins <GO> |
| Net Profit Margin | -29.20% | -8.40% | -20.80 | AAOI | /net-margins <GO> |
| Revenue Growth (YoY) | 29.70% | 82.80% | -53.10 | AAOI | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | 10.63 | 9.36 | +1.27 | MXL | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 4/9 | +4.00 | MXL | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 41.8 | 38.6 | +3.20 | MXL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.13 | 1.32 | -0.19 | AAOI | /macro-sensitivity <GO> |
| Forward P/E Multiple | 22.0x | 22.0x | 0.00 | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $6.14B | $5.86B | $277.0M | MXL | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MXL REV | AAOI REV | MXL GROSS % | AAOI GROSS % | MXL FCF | AAOI FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $467.6M | $455.7M | 56.8% | 30.0% | $7.0M | -$353.6M |
| FY 2024 | $360.5M | $249.4M | 54.0% | 24.8% | -$63.0M | -$112.9M |
| FY 2023 | $693.3M | $217.6M | — | — | $12.2M | -$17.7M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MXL // BETA 1.13
AAOI // BETA 1.32