COMP <GO>
AD vs NFLX // EV/EBITDA & P/E VALUATION
Array Digital Infrastructure Inc. (NYSE) VS. Netflix, Inc. (NASDAQ) • 15-METRIC TALLY: AD 4
— NFLX 6
■ METRIC PARITY
LAST: $32.35 (+1.73%) • MKT CAP: $2.80B
valuation
—
LAST: $62.05 (+0.10%) • MKT CAP: $254.80B
valuation
16.2x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (AD VS. NFLX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | AD | NFLX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 51.20% | 50.68% | +0.52 | AD | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -3.00% | 33.94% | -36.94 | NFLX | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 16.2x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 6.21% | 4.46% | +1.75 | AD | /fcf-yield <GO> |
| Operating Margin | -56.80% | 31.30% | -88.10 | NFLX | /operating-margins <GO> |
| Net Profit Margin | 42.50% | 29.69% | +12.81 | AD | /net-margins <GO> |
| Revenue Growth (YoY) | -65.00% | 14.65% | -79.65 | NFLX | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | 8.25 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 7/9 | -1.00 | NFLX | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | 7.26% | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 42.3 | 31.6 | +10.69 | AD | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.41 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 37.6x | 19.2x | +18.39 | NFLX | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $2.80B | $254.80B | -$252.00B | NFLX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | AD REV | NFLX REV | AD GROSS % | NFLX GROSS % | AD FCF | NFLX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $163.0M | $45.18B | 51.2% | 48.5% | $173.6M | $9.46B |
| FY 2024 | $3.67B | $39.00B | 98.0% | 46.1% | $864.0M | $6.92B |
| FY 2023 | $3.81B | $33.72B | — | 41.5% | $866.9M | $6.93B |
| FY 2022 | — | $31.62B | — | 39.4% | — | $1.62B |
| FY 2021 | — | $29.70B | — | 41.6% | — | -$132.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
AD // BETA —
NFLX // BETA 1.41