SARO (SARO)

$25.14
-8.11%
$9.5B
Market Cap
32.5
P/E Ratio
Beta
Dividend Yield
Piotroski 8/9Altman Z 2.6 Gray ZoneBeneish M -2.38 CleanROIC−WACC -1.3%

Quantitative Summary

Deterministic

Strong operational fundamentals (Piotroski 8/9) with Altman Z of 2.6. DCF fair value of $5 implies 83% downside based on model assumptions.

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

The capital allocation efficiency presents a distinct constraint, as the return on invested capital of 8.3% falls short of the weighted average cost of capital by 1.3%, indicating that current operations are destroying value despite robust revenue expansion of 15.8%. While the Piotroski F-Score of 8/9 and Beneish M-Score of -2.38 signal strong financial health and low earnings manipulation risk, this operational quality is offset by a DuPont-style reality where thin net margins of 4.6% limit leverage potential; consequently, the negative ROIC-WACC spread suggests that growth premiums are not being sufficiently capitalized into shareholder returns at present valuations.

Valuation metrics reflect a market pricing in aggressive future performance rather than current cash flow generation. The trailing P/E ratio sits marginally above its five-year average of 32.0x, implying stability in multiple compression risks despite the elevated absolute level relative to typical value benchmarks. However, discounted cash flow analysis reveals a significant divergence between current prices and intrinsic worth, with fair value estimates at $5 suggesting an implied downside of over 83% if the model's assumptions hold. This stark discrepancy highlights that the market is currently pricing in sustained free cash flow growth rates approaching 20% annually over the next decade—a trajectory that appears inconsistent with the company's current negative spread between returns and cost of capital.

The risk-reward profile exhibits a classic value trap dynamic where strong balance sheet fundamentals, evidenced by an Altman Z-Score of 2.6 indicating low bankruptcy probability, coexist with poor economic moats. Investors must weigh the safety margin provided by high profitability scores against the fundamental drag of underperforming capital efficiency and the steep valuation discount implied by DCF models. The data suggests that while the company may be financially sound in terms of solvency and earnings quality, the current pricing structure assumes a level of future growth intensity that has not yet materialized in actual returns on invested assets.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

DCF Sandbox

Interactive
Market Price
$25.14
Fair Value
$5
Implied Upside
-82.0%
$5IMPLIED FAIR VALUEOVERVALUEDOVERUNDER
Growth Rate (Y1–5)6%
-10%20%50%
Discount Rate (WACC)9.6%
5%12.5%20%

5-year two-stage DCF. Terminal growth 3%. Default sliders match the pre-computed base case. Drag to explore scenarios. Not investment advice.

Reverse DCFMarket-Implied
19.9%annual FCF growth priced in at $25.14

The growth rate the market implicitly expects over the next 10 years to justify today's price. Compare with historical growth of 16% YoY revenue.

Sensitivity Matrix

TG ↓ / WACC →7.6%9.6%11.6%
2%$7$4$2
3%$9$5$2
4%$13$6$3

Center = base case. Green = >10% upside, Red = >10% downside vs $25.14.

Pre-computed DCF: WACC=9.6%, terminal growth 3%. Fair value $5 (-83.3%). Not investment advice.

Price Chart with Moving Averages

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SMA 50 SMA 200

Quant Health Deep Dive

8/9
Piotroski F-Score
Strong — high operational efficiency and profitability signals
2.6
Altman Z-Score
Grey Zone — between 1.8 and 3.0 thresholds. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.
-2.38
Beneish M-Score
Below threshold — no statistical earnings quality concern per Beneish model. Threshold: <-2.22 = below threshold.

Profitability & Value Creation

14.8%
Gross Margin
4.6%
Net Margin
8.3%
ROIC
9.6%
WACC
ROIC − WACC Spread: -1.3%— Negative spread.
+15.8%
Revenue Growth (YoY)
+2427.9%
Earnings Growth (YoY)
203.9M
Free Cash Flow

Balance Sheet Health

1.46x
Debt / Equity
2.20x
Current Ratio
3.2x
Interest Coverage
2.6x
Net Debt / EBITDA
1.86%
FCF Yield
744.7M
EBITDA

Earnings Surprise History

Q4
✓ Beat
Est: $0.18
Act: $0.19
+5.6%
Q3
✗ Miss
Est: $0.21
Act: $0.20
-4.7%
Q2
✗ Miss
Est: $0.20
Act: $0.20
-0.5%
Q1
✗ Miss
Est: $0.24
Act: $0.24
-0.8%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Risk Profile

35.2%
Annual Volatility
0.31
Sharpe (1Y)
-32.6%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Fundamentals

16.5
Forward P/E
0.79
PEG Ratio
3.59
Price/Book
4M
Avg Volume
$34.48
52W High
$23.83
52W Low
12%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$335M
Tracked Passive Exposure
8
ETFs Holding SARO
0.14%
Avg Weight in ETFs
$240B
Total ETF AUM

When investors buy or sell ETFs like XAR or MDYG, the fund manager is mechanically forced to buy or sell SARO shares regardless of SARO's individual fundamentals. We estimate $335M of passive capital is structurally linked to SARO through 8 tracked ETFs. Passive flows have a limited but growing influence on SARO's daily trading dynamics.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in SARO to visualize passive redemption contagion across ETFs and collateral stocks.

SARO Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
SAROEpicenterVXFETFVONGETFVBKETFCWLow RiskRKLBLow RiskCRSLow RiskATILow RiskBWXTLow Risk
SARO Price Drop (%)0

If SARO (SARO) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies CURTISS WRIGHT CORP (CW) as the most exposed collateral stock, sharing 3 ETFs with SARO. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 10 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

SARO Ownership Dynamics

Passive funds hold 1 in every 24 SARO shares, reducing daily market volatility.

Ticker
SARO
Total Shares
332M
ETF Lock-Up
4.2%
Display Mode
Total Float Impact
4.2%Locked Float

SARO (SARO) exerts measurable gravity on the passive index market, currently representing 2.9% of the XAR (XAR) and 0.2% of the MDYG (MDYG). Across 10 tracked ETFs, approximately 14M shares (4.2% of float) are held by passive funds and rarely trade on the open market. As passive ownership grows, index inclusion changes may increasingly drive price discovery.

Float lock-up computed from 10 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

SARO Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
SARO
PRICE
$25.14
FLOOR (POC)
$26.77
STRENGTH
Medium
$24$25$25$25.14$26$269%$27POC 11%$279%$28$28$29$29$30$309%$317%$327%$32$33$33$34$34
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for SARO over the past year sits near $26.77 (11% of 252-day volume). The current price of $25.14 sits 6.1% below the POC — suggesting potential mean-reversion upside if institutional demand reasserts at this level.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

SARO Capital Efficiency

How efficiently does SARO convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$204M
EBITDA
$745M
FCF Conversion
27%
Reinvestment Rate
73%
27% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
8.3%
ROIC − WACC Spread
-1.3%

SARO converts 27% of its EBITDA into free cash flow, a moderate conversion rate — significant EBITDA is consumed by capital expenditures, working capital changes, or interest payments. The 73% reinvestment rate signals aggressive capacity expansion. However, the ROIC-WACC spread is negative (-1.3%), suggesting reinvested capital is destroying shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-115,590$25.14$140,532.6
2026-04-30131$24.44$3,201.64
2026-04-2767$24.54$1,644.18
2026-04-16203$27.24$5,529.72
2026-04-073,768$26.37$99,362.16
2026-04-011,919$25.83$49,567.77
2026-03-305,603$25.46$142,652.38
2026-03-26245$26.64$6,526.8
2026-03-2367,643$25.60$1.7M
2026-03-19136$27.16$3,693.76
2026-03-18165,300$26.96$4.5M
2026-03-138,295$26.59$220,564.05
2026-03-12191$28.37$5,418.67
2026-03-10463,066$28.59$13.2M
2026-03-05252,000$30.13$7.6M
2026-03-041,500$29.72$44,580
2026-02-2643,523$30.83$1.3M
2026-02-25228$31.84$7,259.52
2026-02-23115$31.96$3,675.4
2026-02-2021,170$31.44$665,584.8
2026-01-291,502$31.59$47,448.18
2026-01-2316$32.35$517.6
2025-12-2221,961$28.66$629,402.26
2025-12-1220,487$27.51$563,597.37
2025-12-0913,085$26.60$348,061
2025-11-212,865$24.27$69,533.55
2025-11-1712,019$25.62$307,926.78
2025-11-124,205$27.27$114,670.35
2025-11-043,267$28.46$92,978.82

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
GE0.5500.594Moderate
HWM0.5360.611Moderate
CW0.5290.567Moderate
VSEC0.5220.561Moderate
WAB0.5200.517Moderate
MC0.4900.478Moderate
MS0.4890.464Moderate
DOV0.4870.449Moderate
PH0.4860.453Moderate

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare SARO to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.