COMP <GO>

BN vs EDU // DIVIDEND YIELD & FCF PAYOUT SAFETY

Brookfield Corporation Class A Limited Voting Shares (NYSE) VS. New Oriental Education & Technology Group Inc. Sponsored ADR representing 10 Ordinary Share (Cayman Islands) (NYSE) • 15-METRIC TALLY: BN 6 — EDU 9

▲ DIVIDEND YIELD & FCF PAYOUT SAFETY LEADER: BN

BN — Brookfield Corporation Class A Limited Voting Shares SUPERIOR ROARABLE C • RQD 63/100

LAST: $39.28 (-0.56%) • MKT CAP: $96.80B

DES <GO> FA <GO> 10-K RED <GO>

dividend-safety

3.40%

EDU — New Oriental Education & Technology Group Inc. Sponsored ADR representing 10 Ordinary Share (Cayman Islands) ROARABLE B- • RQD 71/100

LAST: $48.68 (-0.84%) • MKT CAP: $7.61B

DES <GO> FA <GO> 10-K RED <GO>

dividend-safety

1.27%

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

INSTITUTIONAL METRIC	BN	EDU	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	41.00%	54.60%	-13.60	EDU	/gross-margins <GO>
Return on Invested Capital (ROIC)	9.90%	21.30%	-11.40	EDU	/roic <GO>
EV/EBITDA & P/E Valuation	21.0x	9.3x	+11.70	EDU	/valuation <GO>
Free Cash Flow Yield	2.21%	10.25%	-8.04	EDU	/fcf-yield <GO>
Operating Margin	13.90%	11.40%	+2.50	BN	/operating-margins <GO>
Net Profit Margin	10.90%	8.40%	+2.50	BN	/net-margins <GO>
Revenue Growth (YoY)	-1.10%	15.50%	-16.60	EDU	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety ACTIVE	3.40%	1.27%	+2.13	BN	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.74	4.92	-1.18	EDU	/balance-sheet <GO>
Piotroski F-Score Quality	7/9	9/9	-2.00	EDU	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.50%	6.80%	-0.30	BN	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	63.6	24.9	+38.68	BN	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.88	0.96	-0.08	EDU	/macro-sensitivity <GO>
Forward P/E Multiple	30.5x	13.4x	+17.10	EDU	/forward-pe <GO>
Enterprise Scale & Market Cap	$96.80B	$7.61B	$89.19B	BN	/market-cap <GO>

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

FISCAL YEAR	BN REV	EDU REV	BN GROSS %	EDU GROSS %	BN FCF	EDU FCF
FY 2025	—	$5.66B	—	54.6%	—	$780.2M
FY 2024	—	$4.90B	—	55.4%	—	$654.7M
FY 2023	—	$4.31B	—	44.0%	—	$928.5M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

BN // BETA 0.88

EDU // BETA 0.96