COMP <GO>

COOK vs V // FORWARD P/E MULTIPLE

Traeger Inc. (NYSE) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: COOK 1 — V 9

■ METRIC PARITY

LAST: $52.26 (+6.85%) • MKT CAP: $146.2M

forward-pe

—

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

forward-pe

34.0x

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

INSTITUTIONAL METRIC	COOK	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	39.20%	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	-14.00%	32.30%	-46.30	V	/roic <GO>
EV/EBITDA & P/E Valuation	—	28.9x	—	TIE	/valuation <GO>
Free Cash Flow Yield	9.29%	2.90%	+6.39	COOK	/fcf-yield <GO>
Operating Margin	-17.50%	60.00%	-77.50	V	/operating-margins <GO>
Net Profit Margin	-20.60%	50.10%	-70.70	V	/net-margins <GO>
Revenue Growth (YoY)	-7.40%	11.30%	-18.70	V	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.63%	-0.63	V	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	0.20	9.09	-8.89	V	/balance-sheet <GO>
Piotroski F-Score Quality	5/9	9/9	-4.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	62.2	65.6	-3.36	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	$146.2M	$733.53B	-$733.39B	V	/market-cap <GO>

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

FISCAL YEAR	COOK REV	V REV	COOK GROSS %	V GROSS %	COOK FCF	V FCF
FY 2025	$559.5M	$40.00B	39.2%	—	$13.6M	$21.26B
FY 2024	$604.1M	$35.93B	42.3%	—	$11.9M	$18.33B
FY 2023	$605.9M	$32.65B	—	—	$64.0M	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

COOK // BETA —

V // BETA 1.06