MTSI vs. AGX
MTSI (MACOM Technology Solutions Holdings, Inc.) and AGX (Argan, Inc.) are both stocks. MTSI operates in Semiconductors (Technology), while AGX operates in Engineering & Construction (Industrials). Over the past 10 years, MTSI returned 25.43%/yr vs 34.05%/yr for AGX. At a 0.27 correlation, their price movements are largely independent.
Performance
MTSI vs. AGX - Performance Comparison
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Returns By Period
In the year-to-date period, MTSI achieves a 111.27% return, which is significantly higher than AGX's 98.28% return. Over the past 10 years, MTSI has underperformed AGX with an annualized return of 25.43%, while AGX has yielded a comparatively higher 34.05% annualized return.
MTSI
- 1D
- 4.77%
- 1M
- 0.55%
- YTD
- 111.27%
- 6M
- 95.03%
- 1Y
- 189.40%
- 3Y*
- 82.14%
- 5Y*
- 43.33%
- 10Y*
- 25.43%
AGX
- 1D
- -10.76%
- 1M
- -8.86%
- YTD
- 98.28%
- 6M
- 94.57%
- 1Y
- 156.50%
- 3Y*
- 156.79%
- 5Y*
- 69.15%
- 10Y*
- 34.05%
MTSI vs. AGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTSI MACOM Technology Solutions Holdings, Inc. | 111.27% | 31.85% | 39.76% | 47.59% | -19.57% | 42.26% | 106.92% | 83.32% | -55.41% | -29.69% |
AGX Argan, Inc. | 98.28% | 130.61% | 198.31% | 30.24% | -2.01% | -11.64% | 19.15% | 8.62% | -14.32% | -34.26% |
Correlation
The correlation between MTSI and AGX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2012 | 0.27 |
Fundamentals
MTSI:
$27.91B
AGX:
$8.80B
MTSI:
$2.33
AGX:
$11.38
MTSI:
155.44
AGX:
54.46
MTSI:
0.23
AGX:
0.99
MTSI:
25.59
AGX:
8.43
MTSI:
19.69
AGX:
18.59
MTSI:
$1.07B
AGX:
$1.04B
MTSI:
$594.25M
AGX:
$217.93M
MTSI:
$245.21M
AGX:
$163.99M
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Return for Risk
MTSI vs. AGX — Risk / Return Rank
MTSI
AGX
MTSI vs. AGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MACOM Technology Solutions Holdings, Inc. (MTSI) and Argan, Inc. (AGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| MTSI | AGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.67 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.36 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 9.66 | 6.31 | +3.35 |
| Martin ratioReturn relative to average drawdown | 25.31 | 18.30 | +7.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MTSI | AGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.77 | 2.10 | +1.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 1.37 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.75 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.05 | +0.39 |
Drawdowns
MTSI vs. AGX - Drawdown Comparison
The maximum MTSI drawdown since its inception was -80.78%, smaller than the maximum AGX drawdown of -94.37%. Use the drawdown chart below to compare losses from any high point for MTSI and AGX.
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Drawdown Indicators
| MTSI | AGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.78% | -94.37% | +13.59% |
Max Drawdown (1Y)Largest decline over 1 year | -19.74% | -24.96% | +5.22% |
Max Drawdown (3Y)Largest decline over 3 years | -41.09% | -43.75% | +2.66% |
Max Drawdown (5Y)Largest decline over 5 years | -44.86% | -43.75% | -1.11% |
Max Drawdown (10Y)Largest decline over 10 years | -80.78% | -54.61% | -26.17% |
Current DrawdownCurrent decline from peak | -11.67% | -16.32% | +4.65% |
Average DrawdownAverage peak-to-trough decline | -26.23% | -48.35% | +22.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.52% | 9.50% | -1.98% |
Volatility
MTSI vs. AGX - Volatility Comparison
MACOM Technology Solutions Holdings, Inc. (MTSI) has a higher volatility of 20.61% compared to Argan, Inc. (AGX) at 17.80%. This indicates that MTSI's price experiences larger fluctuations and is considered to be riskier than AGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTSI | AGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.61% | 17.80% | +2.81% |
Volatility (6M)Calculated over the trailing 6-month period | 40.42% | 55.76% | -15.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.69% | 75.04% | -24.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.64% | 50.86% | -7.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.42% | 45.84% | +6.58% |
Dividends
MTSI vs. AGX - Dividend Comparison
MTSI has not paid dividends to shareholders, while AGX's dividend yield for the trailing twelve months is around 0.30%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGX Argan, Inc. | 0.30% | 0.52% | 0.93% | 2.24% | 2.71% | 1.94% | 7.31% | 2.49% | 1.98% | 4.44% | 1.42% | 2.16% |
MTSI MACOM Technology Solutions Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MTSI vs. AGX - Financials Comparison
This section allows you to compare key financial metrics between MACOM Technology Solutions Holdings, Inc. and Argan, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MTSI vs. AGX - Profitability Comparison
MTSI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MACOM Technology Solutions Holdings, Inc. reported a gross profit of 164.43M and revenue of 288.96M. Therefore, the gross margin over that period was 56.9%.
AGX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Argan, Inc. reported a gross profit of 61.11M and revenue of 290.95M. Therefore, the gross margin over that period was 21.0%.
MTSI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MACOM Technology Solutions Holdings, Inc. reported an operating income of 50.83M and revenue of 288.96M, resulting in an operating margin of 17.6%.
AGX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Argan, Inc. reported an operating income of 45.40M and revenue of 290.95M, resulting in an operating margin of 15.6%.
MTSI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MACOM Technology Solutions Holdings, Inc. reported a net income of 46.33M and revenue of 288.96M, resulting in a net margin of 16.0%.
AGX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Argan, Inc. reported a net income of 46.06M and revenue of 290.95M, resulting in a net margin of 15.8%.
Frequently Asked Questions
MTSI and AGX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTSI has higher volatility (20.61%) compared to AGX (17.80%). In terms of maximum drawdown, MTSI dropped -80.78% vs AGX's -94.37%.
MTSI currently has the higher Sharpe Ratio (3.77 vs 2.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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