COMP <GO>
OSPN vs NRDS // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
OneSpan Inc. (NASDAQ) VS. NerdWallet Inc. (Class A) (NASDAQ) • 15-METRIC TALLY: OSPN 7
— NRDS 6
■ METRIC PARITY
LAST: $20.15 (+0.35%) • MKT CAP: $742.6M
options-implied-move
—
LAST: $11.35 (+6.37%) • MKT CAP: $725.5M
options-implied-move
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (OSPN VS. NRDS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | OSPN | NRDS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 73.80% | 92.40% | -18.60 | NRDS | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 19.00% | 18.60% | +0.40 | OSPN | /roic <GO> |
| EV/EBITDA & P/E Valuation | 12.0x | 9.5x | +2.50 | NRDS | /valuation <GO> |
| Free Cash Flow Yield | 6.80% | 17.96% | -11.16 | NRDS | /fcf-yield <GO> |
| Operating Margin | 19.90% | 7.80% | +12.10 | OSPN | /operating-margins <GO> |
| Net Profit Margin | 30.00% | 5.80% | +24.20 | OSPN | /net-margins <GO> |
| Revenue Growth (YoY) | 0.00% | 21.70% | -21.70 | NRDS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.49% | 0.00% | +2.49 | OSPN | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 5.47 | 7.19 | -1.72 | NRDS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 8/9 | -2.00 | NRDS | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 85.5 | 67.4 | +18.05 | OSPN | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 9.5x | 12.5x | -3.00 | OSPN | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $742.6M | $725.5M | $17.0M | OSPN | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | OSPN REV | NRDS REV | OSPN GROSS % | NRDS GROSS % | OSPN FCF | NRDS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $243.2M | $836.6M | 73.8% | 92.4% | $50.5M | $130.3M |
| FY 2024 | $243.2M | $687.6M | 71.8% | 90.8% | $46.4M | $71.2M |
| FY 2023 | $235.1M | $599.4M | — | — | -$10.7M | $72.1M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
OSPN // BETA —
NRDS // BETA —