COMP <GO>
BIRD vs NCI // EV/EBITDA & P/E VALUATION
Smartbird Inc. (Class A) (NASDAQ) VS. Neo-Concept International Group Holdings Limited (Class A) (NASDAQ) • 15-METRIC TALLY: BIRD 3
— NCI 4
■ METRIC PARITY
LAST: $2.12 (-0.93%) • MKT CAP: $25.0M
valuation
—
LAST: $0.73 (-1.68%) • MKT CAP: $6.6M
valuation
9.3x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BIRD VS. NCI)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BIRD | NCI | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | 36.90% | +4.10 | BIRD | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | 2.60% | -37.60 | NCI | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 9.3x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | — | — | TIE | /fcf-yield <GO> |
| Operating Margin | -52.40% | 1.30% | -53.70 | NCI | /operating-margins <GO> |
| Net Profit Margin | -50.70% | 0.20% | -50.90 | NCI | /net-margins <GO> |
| Revenue Growth (YoY) | — | -41.90% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | 1.49 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 6/9 | -2.00 | NCI | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 31.9 | 17.7 | +14.17 | BIRD | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 140.0x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $25.0M | $6.6M | $18.5M | BIRD | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BIRD REV | NCI REV | BIRD GROSS % | NCI GROSS % | BIRD FCF | NCI FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $152.5M | $17.6M | 41.0% | 36.9% | -$58.2M | $2.2M |
| FY 2024 | $189.8M | $30.3M | 42.7% | 21.0% | -$68.0M | -$478.4K |
| FY 2023 | $0 | $22.3M | — | — | -$30.2M | -$6.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BIRD // BETA —
NCI // BETA —