COMP <GO>
PEN vs GKOS // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Penumbra Inc. (NYSE) VS. Glaukos Corporation (NYSE) • 15-METRIC TALLY: PEN 6
— GKOS 6
■ METRIC PARITY
LAST: $318.95 (-0.94%) • MKT CAP: $12.57B
options-implied-move
—
LAST: $237.60 (-2.01%) • MKT CAP: $14.07B
options-implied-move
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (PEN VS. GKOS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | PEN | GKOS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 67.10% | 55.70% | +11.40 | PEN | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 10.60% | -13.70% | +24.30 | PEN | /roic <GO> |
| EV/EBITDA & P/E Valuation | 52.0x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 1.38% | -0.16% | +1.54 | PEN | /fcf-yield <GO> |
| Operating Margin | 13.50% | -39.30% | +52.80 | PEN | /operating-margins <GO> |
| Net Profit Margin | 12.70% | -37.00% | +49.70 | PEN | /net-margins <GO> |
| Revenue Growth (YoY) | 17.50% | 32.30% | -14.80 | GKOS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 21.05 | 26.00 | -4.95 | GKOS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 5/9 | +4.00 | PEN | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 45.1 | 78.7 | -33.60 | GKOS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.91 | 1.04 | -0.13 | GKOS | /macro-sensitivity <GO> |
| Forward P/E Multiple | 60.0x | 34.0x | +26.00 | GKOS | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $12.57B | $14.07B | -$1.49B | GKOS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | PEN REV | GKOS REV | PEN GROSS % | GKOS GROSS % | PEN FCF | GKOS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.40B | $507.4M | 67.1% | 55.7% | $174.9M | -$22.5M |
| FY 2024 | $1.19B | $383.5M | 63.2% | 75.5% | $147.3M | -$67.6M |
| FY 2023 | $1.06B | $314.7M | — | — | $49.7M | -$71.9M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
PEN // BETA 0.91
GKOS // BETA 1.04