COMP <GO>

BTBD vs V // FORWARD P/E MULTIPLE

BT Brands Inc. (NASDAQ) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: BTBD 0 — V 10

■ METRIC PARITY

LAST: $1.83 (-2.66%) • MKT CAP: $11.3M

forward-pe

—

LAST: $410.54 (+2.48%) • MKT CAP: $733.53B

forward-pe

34.0x

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

INSTITUTIONAL METRIC	BTBD	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	-3.50%	32.30%	-35.80	V	/roic <GO>
EV/EBITDA & P/E Valuation	—	28.9x	—	TIE	/valuation <GO>
Free Cash Flow Yield	0.99%	2.90%	-1.91	V	/fcf-yield <GO>
Operating Margin	-2.70%	60.00%	-62.70	V	/operating-margins <GO>
Net Profit Margin	-5.10%	50.10%	-55.20	V	/net-margins <GO>
Revenue Growth (YoY)	-9.00%	11.30%	-20.30	V	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.63%	-0.63	V	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	2.58	9.09	-6.51	V	/balance-sheet <GO>
Piotroski F-Score Quality	6/9	9/9	-3.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	57.3	65.6	-8.28	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.06	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple ACTIVE	—	34.0x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$11.3M	$733.53B	-$733.52B	V	/market-cap <GO>

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

FISCAL YEAR	BTBD REV	V REV	BTBD GROSS %	V GROSS %	BTBD FCF	V FCF
FY 2025	$13.5M	$40.00B	—	—	$112.0K	$21.26B
FY 2024	$14.8M	$35.93B	—	—	-$1.2M	$18.33B
FY 2023	$14.1M	$32.65B	—	—	-$258.8K	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

BTBD // BETA —

V // BETA 1.06