COMP <GO>
GKOS vs PEN // EV/EBITDA & P/E VALUATION
Glaukos Corporation (NYSE) VS. Penumbra Inc. (NYSE) • 15-METRIC TALLY: GKOS 6
— PEN 6
■ METRIC PARITY
LAST: $237.60 (-2.01%) • MKT CAP: $14.35B
valuation
—
LAST: $318.95 (-0.94%) • MKT CAP: $12.68B
valuation
52.0x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (GKOS VS. PEN)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | GKOS | PEN | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 55.70% | 67.10% | -11.40 | PEN | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -13.70% | 10.60% | -24.30 | PEN | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 52.0x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -0.16% | 1.38% | -1.54 | PEN | /fcf-yield <GO> |
| Operating Margin | -39.30% | 13.50% | -52.80 | PEN | /operating-margins <GO> |
| Net Profit Margin | -37.00% | 12.70% | -49.70 | PEN | /net-margins <GO> |
| Revenue Growth (YoY) | 32.30% | 17.50% | +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 | 26.00 | 21.05 | +4.95 | GKOS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 9/9 | -4.00 | PEN | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 83.5 | 51.9 | +31.60 | GKOS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.04 | 0.91 | +0.13 | GKOS | /macro-sensitivity <GO> |
| Forward P/E Multiple | 34.0x | 60.0x | -26.00 | GKOS | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $14.35B | $12.68B | $1.67B | GKOS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | GKOS REV | PEN REV | GKOS GROSS % | PEN GROSS % | GKOS FCF | PEN FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $507.4M | $1.40B | 55.7% | 67.1% | -$22.5M | $174.9M |
| FY 2024 | $383.5M | $1.19B | 75.5% | 63.2% | -$67.6M | $147.3M |
| FY 2023 | $314.7M | $1.06B | — | — | -$71.9M | $49.7M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
GKOS // BETA 1.04
PEN // BETA 0.91