COMP <GO>

BNT vs CNA // FORWARD P/E MULTIPLE

Brookfield Wealth Solutions Ltd. Class A Exchangeable Limited Voting Shares (NYSE) VS. CNA Financial Corporation (NYSE) • 15-METRIC TALLY: BNT 3 — CNA 3

■ METRIC PARITY

BNT — Brookfield Wealth Solutions Ltd. Class A Exchangeable Limited Voting Shares ROARABLE D • RQD 48/100

LAST: $39.21 (-0.61%) • MKT CAP: $13.33B

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

forward-pe

—

CNA — CNA Financial Corporation ROARABLE B • RQD 73/100

LAST: $48.68 (-0.39%) • MKT CAP: $13.22B

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

forward-pe

9.6x

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

INSTITUTIONAL METRIC	BNT	CNA	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	19.70%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	4.8x	—	TIE	/valuation <GO>
Free Cash Flow Yield	19.60%	18.18%	+1.42	BNT	/fcf-yield <GO>
Operating Margin	—	75.00%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	68.00%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	-17.50%	-2.00%	-15.50	CNA	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	7.92%	-7.92	CNA	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	2/9	8/9	-6.00	CNA	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	64.4	58.7	+5.70	BNT	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	0.92	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple ACTIVE	—	9.6x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$13.33B	$13.22B	$110.4M	BNT	/market-cap <GO>

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

FISCAL YEAR	BNT REV	CNA REV	BNT GROSS %	CNA GROSS %	BNT FCF	CNA FCF
FY 2025	$11.63B	$1.58B	—	—	$2.61B	$2.40B
FY 2024	$14.10B	$1.61B	—	—	$4.57B	$2.48B
FY 2023	$6.91B	$1.62B	—	—	$1.51B	$2.21B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

BNT // BETA —

CNA // BETA 0.92