COMP <GO>
SPOK vs TBCH // 10Y YIELD & FRED MACRO BETA
Spok Holdings Inc. (NASDAQ) VS. Turtle Beach Corporation (NASDAQ) • 15-METRIC TALLY: SPOK 8
— TBCH 4
■ METRIC PARITY
LAST: $11.99 (+1.78%) • MKT CAP: $246.4M
macro-sensitivity
—
LAST: $16.05 (-2.67%) • MKT CAP: $295.3M
macro-sensitivity
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SPOK VS. TBCH)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | SPOK | TBCH | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 78.70% | 37.30% | +41.40 | SPOK | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 12.90% | 13.80% | -0.90 | TBCH | /roic <GO> |
| EV/EBITDA & P/E Valuation | 9.7x | 11.3x | -1.60 | SPOK | /valuation <GO> |
| Free Cash Flow Yield | 10.22% | 11.53% | -1.31 | TBCH | /fcf-yield <GO> |
| Operating Margin | 14.10% | 8.60% | +5.50 | SPOK | /operating-margins <GO> |
| Net Profit Margin | 11.40% | 4.90% | +6.50 | SPOK | /net-margins <GO> |
| Revenue Growth (YoY) | 1.50% | -14.20% | +15.70 | SPOK | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 11.06% | 0.00% | +11.06 | SPOK | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 3.79 | 2.64 | +1.15 | SPOK | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 7/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 65.9 | 66.4 | -0.50 | TBCH | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 14.4x | 17.5x | -3.10 | SPOK | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $246.4M | $295.3M | -$48.9M | TBCH | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | SPOK REV | TBCH REV | SPOK GROSS % | TBCH GROSS % | SPOK FCF | TBCH FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $139.7M | $319.9M | 78.7% | 37.3% | $25.2M | $34.0M |
| FY 2024 | $137.7M | $372.8M | 79.1% | 34.6% | $25.7M | $847.0K |
| FY 2023 | $139.0M | $258.1M | — | — | $26.2M | $27.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
SPOK // BETA —
TBCH // BETA —