COMP <GO>
MXL vs VIAV // FORWARD P/E MULTIPLE
MaxLinear Inc. (NASDAQ) VS. Viavi Solutions Inc. (NASDAQ) • 15-METRIC TALLY: MXL 3
— VIAV 8
■ METRIC PARITY
LAST: $61.33 (-9.10%) • MKT CAP: $6.14B
forward-pe
22.0x
LAST: $27.80 (-7.09%) • MKT CAP: $7.41B
forward-pe
22.0x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MXL VS. VIAV)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MXL | VIAV | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 56.80% | 57.70% | -0.90 | VIAV | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -19.20% | 9.40% | -28.60 | VIAV | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 63.1x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 0.11% | 1.00% | -0.89 | VIAV | /fcf-yield <GO> |
| Operating Margin | -27.10% | 6.90% | -34.00 | VIAV | /operating-margins <GO> |
| Net Profit Margin | -29.20% | -2.00% | -27.20 | VIAV | /net-margins <GO> |
| Revenue Growth (YoY) | 29.70% | 40.00% | -10.30 | VIAV | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 10.63 | 0.45 | +10.18 | MXL | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 7/9 | +1.00 | MXL | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 41.8 | 38.2 | +3.60 | MXL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.13 | 1.30 | -0.17 | VIAV | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 22.0x | 22.0x | 0.00 | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $6.14B | $7.41B | -$1.27B | VIAV | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MXL REV | VIAV REV | MXL GROSS % | VIAV GROSS % | MXL FCF | VIAV FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $467.6M | $1.52B | 56.8% | 57.7% | $7.0M | $82.8M |
| FY 2024 | $360.5M | $1.08B | 54.0% | 57.3% | -$63.0M | $62.0M |
| FY 2023 | $693.3M | $1.11B | — | — | $12.2M | $64.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MXL // BETA 1.13
VIAV // BETA 1.30