COMP <GO>
SI vs NPCE // 10Y YIELD & FRED MACRO BETA
Shoulder Innovations Inc. (NYSE) VS. Neuropace Inc. (NASDAQ) • 15-METRIC TALLY: SI 4
— NPCE 5
■ METRIC PARITY
LAST: $20.44 (+4.93%) • MKT CAP: $425.5M
macro-sensitivity
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LAST: $13.01 (+0.62%) • MKT CAP: $446.6M
macro-sensitivity
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SI VS. NPCE)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | SI | NPCE | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 76.50% | 77.20% | -0.70 | NPCE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -16.10% | -23.00% | +6.90 | SI | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -8.46% | -2.54% | -5.92 | NPCE | /fcf-yield <GO> |
| Operating Margin | -55.60% | -16.30% | -39.30 | NPCE | /operating-margins <GO> |
| Net Profit Margin | -60.00% | -21.50% | -38.50 | NPCE | /net-margins <GO> |
| Revenue Growth (YoY) | 49.60% | 25.10% | +24.50 | SI | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 8.73 | 0.20 | +8.53 | SI | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 5/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 50.8 | 39.3 | +11.54 | SI | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $425.5M | $446.6M | -$21.0M | NPCE | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | SI REV | NPCE REV | SI GROSS % | NPCE GROSS % | SI FCF | NPCE FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $47.3M | $100.0M | 76.5% | 77.2% | -$36.0M | -$11.3M |
| FY 2024 | $31.6M | $79.9M | 77.0% | 73.9% | -$18.2M | -$18.3M |
| FY 2023 | — | $65.4M | — | — | — | -$19.7M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
SI // BETA —
NPCE // BETA —