COMP <GO>

ADUR vs VHI // DIVIDEND YIELD & FCF PAYOUT SAFETY

Aduro Clean Technologies Inc. (NASDAQ) VS. Valhi Inc. (NYSE) • 15-METRIC TALLY: ADUR 0 — VHI 3

▲ DIVIDEND YIELD & FCF PAYOUT SAFETY LEADER: VHI

LAST: $10.27 (+3.22%) • MKT CAP: $367.4M

dividend-safety

0.00%

LAST: $13.99 (-0.07%) • MKT CAP: $396.2M

dividend-safety

2.30%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ADUR VS. VHI) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	ADUR	VHI	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	14.20%	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	6.20%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	-20.72%	—	TIE	/fcf-yield <GO>
Operating Margin	—	3.00%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	-2.80%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	-1.30%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety ACTIVE	0.00%	2.30%	-2.30	VHI	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	—	2/9	—	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	37.3	39.4	-2.13	VHI	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	—	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$367.4M	$396.2M	-$28.8M	VHI	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	ADUR REV	VHI REV	ADUR GROSS %	VHI GROSS %	ADUR FCF	VHI FCF
FY 2025	—	$2.08B	—	14.2%	—	-$82.1M
FY 2024	—	$2.10B	—	20.2%	—	$13.1M
FY 2023	—	$1.92B	—	—	—	$3.9M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

ADUR // BETA —

VHI // BETA —