COMP <GO>
BILI vs APLD // FORWARD P/E MULTIPLE
Bilibili Inc. (NASDAQ) VS. Applied Digital Corporation (NASDAQ) • 15-METRIC TALLY: BILI 8
— APLD 4
▲ FORWARD P/E MULTIPLE LEADER: APLD
LAST: $13.51 (+6.55%) • MKT CAP: $5.28B
forward-pe
26.4x
LAST: $16.22 (-8.95%) • MKT CAP: $5.39B
forward-pe
20.0x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BILI VS. APLD)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BILI | APLD | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 36.60% | 35.10% | +1.50 | BILI | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 10.90% | -21.70% | +32.60 | BILI | /roic <GO> |
| EV/EBITDA & P/E Valuation | 19.3x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 17.69% | 1.06% | +16.63 | BILI | /fcf-yield <GO> |
| Operating Margin | 3.70% | -38.70% | +42.40 | BILI | /operating-margins <GO> |
| Net Profit Margin | 3.90% | -40.90% | +44.80 | BILI | /net-margins <GO> |
| Revenue Growth (YoY) | 18.10% | 180.00% | -161.90 | APLD | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.13 | 1.44 | +0.69 | BILI | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 7/9 | +1.00 | BILI | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 27.5 | 38.5 | -11.00 | APLD | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.30 | 1.17 | +0.13 | BILI | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 26.4x | 20.0x | +6.40 | APLD | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.28B | $5.39B | -$104.2M | APLD | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BILI REV | APLD REV | BILI GROSS % | APLD GROSS % | BILI FCF | APLD FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.34B | $611.3M | 36.6% | 35.1% | $948.7M | $62.2M |
| FY 2024 | $3.68B | $144.2M | 32.7% | -50.3% | $760.3M | -$121.9M |
| FY 2023 | $3.17B | $136.6M | — | — | -$105.2M | $7.6M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BILI // BETA 1.30
APLD // BETA 1.17