COMP <GO>

BR vs MA // RETURN ON INVESTED CAPITAL (ROIC)

Broadridge Financial Solutions Inc. (NYSE) VS. Mastercard Incorporated (NYSE) • 15-METRIC TALLY: BR 5 — MA 10

▲ RETURN ON INVESTED CAPITAL (ROIC) LEADER: MA

LAST: $178.82 (+0.38%) • MKT CAP: $20.11B

roic

18.10%

LAST: $638.01 (+0.36%) • MKT CAP: $556.88B

roic

33.50%

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

INSTITUTIONAL METRIC	BR	MA	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	31.00%	41.00%	-10.00	MA	/gross-margins <GO>
Return on Invested Capital (ROIC) ACTIVE	18.10%	33.50%	-15.40	MA	/roic <GO>
EV/EBITDA & P/E Valuation	18.3x	29.2x	-10.90	BR	/valuation <GO>
Free Cash Flow Yield	5.61%	3.08%	+2.53	BR	/fcf-yield <GO>
Operating Margin	17.30%	57.60%	-40.30	MA	/operating-margins <GO>
Net Profit Margin	12.20%	45.60%	-33.40	MA	/net-margins <GO>
Revenue Growth (YoY)	5.90%	16.40%	-10.50	MA	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	2.00%	0.49%	+1.51	BR	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	4.00	11.17	-7.17	MA	/balance-sheet <GO>
Piotroski F-Score Quality	7/9	8/9	-1.00	MA	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	7.10%	6.60%	+0.50	MA	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	59.8	70.6	-10.86	MA	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	1.06	0.90	+0.16	BR	/macro-sensitivity <GO>
Forward P/E Multiple	22.3x	31.2x	-8.90	BR	/forward-pe <GO>
Enterprise Scale & Market Cap	$20.11B	$556.88B	-$536.77B	MA	/market-cap <GO>

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

FISCAL YEAR	BR REV	MA REV	BR GROSS %	MA GROSS %	BR FCF	MA FCF
FY 2025	$6.89B	$32.79B	31.0%	44.0%	$1.13B	$17.16B
FY 2024	$6.51B	$28.17B	29.7%	44.0%	$998.8M	$14.31B
FY 2023	$6.06B	$25.10B	44.0%	44.0%	$550.6M	$10.85B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

BR // BETA 1.06

MA // BETA 0.90