ROARABLE // PRO
GLOBAL DESKS // NYC --:--:-- NYSE
US TAPE
ROAR ▸

MS // Morgan Stanley

DES <GO> NYSE RQD COCKPIT → CIK 0000895421 ↗
Financials • Investment Bankers/Brokers/Service
$184.30 ▼ -5.70 (-3.00%)
MKT CAP: $298.41B • VOL: 7.94M
MS // ROARABLE RATING & 5-PILLAR RQD CONFIDENCE 02:00 EST DETERMINISTIC ENGINE
PRIOR: RQD 40/100 [D-] (+0 PT) • UNCHANGED
ROARABLE D-
RQD CONFIDENCE
40 / 100 +0D
5 X 20-PT QUANT PILLARS
E 0 D 35 C 59 B 70 A 86+
Roarable Sell — Vulnerable Balance Sheet & Flow
01 MASSIVE / SEC XBRL
Forensic Fundamentals
4 / 20
CRITICAL
FCF -120% vs NI +25.9% • ROIC-WACC -6% • Z 3.2
02 INSTITUTIONAL TAPE & TREND
Whale & Options Flow
11 / 20
NEUTRAL
52W RANGE 47% • VS 200D -2.2% • RSI 51
03 SEC XBRL CAPITAL ALLOCATION
Insider & Capital Conviction
[LOCKED] FLAGGED
UNLOCK BELOW TO REVEAL
04 FRED 90D r-MATRIX
Macro Regime Fit
[LOCKED] FLAGGED
UNLOCK BELOW TO REVEAL
05 10-K REDLINE AUDIT
Forensic 10-K Risk
13 / 20
SOLID
20 BASE - 7 DEDUCT • 0 CRIT / 0 MED • STABLE
ALERT

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MS // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -1.97%▼ DESCENDING CHANNEL
2026-11-02O $190.1H $190.1L $184.3C $184.3VOL 5.55M
RES: $204.0SUP: $169.4SMA50: $197.1SMA200: $194.3
$236.9$217.7$198.5$179.2$160.0RES $204.0SUP $169.4$184.32026-05-042026-06-172026-08-042026-09-182026-11-02
MS // INSTITUTIONAL BULL VS. BEAR FORENSIC DEBATE
UNDERWEIGHT CONVICTION: 43/100
BEAR 0
100 BULL

Morgan Stanley (MS) exhibits 45.0% gross margins and 3.0% return on invested capital within Financials (Investment Bankers/Brokers/Service), balanced against a 31.0x enterprise multiple and 4.8% implied options volatility.

▲ INSTITUTIONAL BULL THESIS (LONG)
01. Operating Leverage & Capital Efficiency Moat

Sustained 45.0% gross profitability converts into 24.6% operating margin and 3.0% ROIC, outpacing sector cost of capital.

ROIC: 3.0% // GM: 45.0%
02. Top-Line Expansion & Cash Conversion

YoY revenue trajectory of +5.5% paired with -7.25% free cash flow yield supports self-funded R&D and capital return.

REV YOY: +5.5% // FCF YLD: -7.25%
03. Balance Sheet Solvency & Forensic Quality

Altman Z-Score of 3.80 and Piotroski F-Score of 5/9 indicate low near-term refinancing stress.

ALTMAN Z: 3.80 // F-SCORE: 5/9
▼ INSTITUTIONAL BEAR THESIS (SHORT / RISK)
01. Multiple Compression & Duration Sensitivity

Trading at 17.7x trailing P/E (16.5x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.

P/E: 17.7x // EV/EBITDA: 31.0x
02. Options Skew & Event Volatility Risk

Options market prices a ±5.2% implied move with a 0.85 put/call ratio around $184.30 max pain.

IMPL MOVE: ±5.2% // P/C: 0.85
03. Competitive Margin & CapEx Cycle Pressure

Elevated industry capital intensity and customer concentration in Investment Bankers/Brokers/Service require continuous execution to defend 20.2% net margins.

NET MARGIN: 20.2% // D/E: 0.45x
KEY CATALYST // Upcoming 10-Q/10-K XBRL margin progression, guidance revision vs 16.5x forward consensus, and institutional 13F positioning.
MACRO REGIME // Monitor US 10Y Real Yields (DFII10) and High-Yield Credit Spreads (OAS) for beta-adjusted multiple impact (Beta 1.04).
FORM 4 & 13F FLOW OPEN OWN <GO>
FILER SIDE $ VALUE
INSPECT FULL OWNERSHIP LEDGER IN OWN <GO>
UNUSUAL OPTIONS TAPE OPEN OPT <GO>
STRIKE / EXP TYPE PREMIUM
INSPECT GEX & CHAIN IN OPT <GO>
KEY VALUATION & PROFITABILITY RATIOS XBRL FA <GO>
TRAILING P/E 17.7x
FORWARD P/E 16.5x
EV / EBITDA 31.0x
FCF YIELD -7.25%
GROSS MARGIN —
OPERATING MARGIN 24.6%
NET MARGIN 20.2%
ROIC % 3.0%
REV GROWTH YOY +5.5%
DILUTED EPS TTM $10.74
DEBT / EQUITY —
DIVIDEND YIELD 2.21%
RSI-14 MOMENTUM 51.0
5Y EQUITY BETA 1.04
FRED MACRO SENSITIVITY (PEARSON r) ECST <GO>
MACRO CORRELATION CALIBRATION ACTIVE BELOW.
FRED MACRO REGIME STRESS-TEST SIMULATOR // MSPEARSON R VARIANCE ENGINE
01 // SELECT FEDERAL RESERVE & CREDIT SHOCK SCENARIO
02 // POSITION NOTIONAL EXPOSURE
HEADLINE STRESS SCORE
75/100SEVERE DRAWDOWN PRESSURE
PRIMARY FACTOR EXPOSURE
DFII10 // -0.61 r
Latest: 2.08%
EST. DIRECTIONAL MOVE
-8.50%
Implied Px: $168.64
EST. DOLLAR VARIANCE
-$4,248
On $50,000 Notional
[LOCKED // MULTI-FACTOR DRAWDOWN HEDGE & MACRO TRIGGER ALERT]

Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for MS & activate live FRED threshold breach alerts.

HEAD-TO-HEAD PEER COMPARISONS COMP <GO>