COMP <GO>
SNEX vs PIPR // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
StoneX Group Inc. (NASDAQ) VS. Piper Sandler Companies (NYSE) • 15-METRIC TALLY: SNEX 3
— PIPR 9
■ METRIC PARITY
LAST: $52.83 (-3.81%) • MKT CAP: $6.37B
options-implied-move
—
LAST: $63.81 (-7.14%) • MKT CAP: $4.51B
options-implied-move
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SNEX VS. PIPR)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | SNEX | PIPR | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 1.50% | 18.30% | -16.80 | PIPR | /roic <GO> |
| EV/EBITDA & P/E Valuation | 56.1x | 12.0x | +44.10 | PIPR | /valuation <GO> |
| Free Cash Flow Yield | 22.00% | 10.38% | +11.62 | SNEX | /fcf-yield <GO> |
| Operating Margin | 0.30% | 18.70% | -18.40 | PIPR | /operating-margins <GO> |
| Net Profit Margin | 0.20% | 15.30% | -15.10 | PIPR | /net-margins <GO> |
| Revenue Growth (YoY) | 32.50% | 21.70% | +10.80 | SNEX | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 2.35% | -2.35 | PIPR | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 9/9 | -2.00 | PIPR | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 29.3 | 43.1 | -13.80 | PIPR | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.90 | 0.99 | -0.09 | PIPR | /macro-sensitivity <GO> |
| Forward P/E Multiple | 18.2x | 14.5x | +3.70 | PIPR | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $6.37B | $4.51B | $1.86B | SNEX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | SNEX REV | PIPR REV | SNEX GROSS % | PIPR GROSS % | SNEX FCF | PIPR FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $132.38B | $1.83B | 3.1% | — | $4.32B | $504.1M |
| FY 2024 | $99.89B | $1.51B | 3.4% | — | $441.7M | $245.5M |
| FY 2023 | $60.86B | $1.30B | — | — | -$2.76B | $217.1M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
SNEX // BETA 0.90
PIPR // BETA 0.99