COMP <GO>

DOW vs SCCO // DIVIDEND YIELD & FCF PAYOUT SAFETY

Dow Inc. Common Stock (NYSE) VS. Southern Copper Corporation (NYSE) • 15-METRIC TALLY: DOW 4 — SCCO 11

▲ DIVIDEND YIELD & FCF PAYOUT SAFETY LEADER: DOW

LAST: $34.70 (+3.21%) • MKT CAP: $24.34B

dividend-safety

6.12%

LAST: $177.53 (-7.42%) • MKT CAP: $161.89B

dividend-safety

1.54%

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

INSTITUTIONAL METRIC	DOW	SCCO	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	6.30%	60.10%	-53.80	SCCO	/gross-margins <GO>
Return on Invested Capital (ROIC)	2.80%	41.00%	-38.20	SCCO	/roic <GO>
EV/EBITDA & P/E Valuation	13.5x	20.2x	-6.70	DOW	/valuation <GO>
Free Cash Flow Yield	-3.15%	2.12%	-5.27	SCCO	/fcf-yield <GO>
Operating Margin	2.20%	52.20%	-50.00	SCCO	/operating-margins <GO>
Net Profit Margin	1.70%	32.30%	-30.60	SCCO	/net-margins <GO>
Revenue Growth (YoY)	-7.00%	17.40%	-24.40	SCCO	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety ACTIVE	6.12%	1.54%	+4.58	DOW	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	1.83	11.90	-10.07	SCCO	/balance-sheet <GO>
Piotroski F-Score Quality	5/9	9/9	-4.00	SCCO	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.60%	7.40%	-0.80	DOW	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	75.6	33.3	+42.35	DOW	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.92	1.16	-0.24	SCCO	/macro-sensitivity <GO>
Forward P/E Multiple	33.7x	31.3x	+2.40	SCCO	/forward-pe <GO>
Enterprise Scale & Market Cap	$24.34B	$161.89B	-$137.56B	SCCO	/market-cap <GO>

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

FISCAL YEAR	DOW REV	SCCO REV	DOW GROSS %	SCCO GROSS %	DOW FCF	SCCO FCF
FY 2025	$39.97B	$13.42B	6.3%	60.1%	-$766.6M	$3.43B
FY 2024	$42.96B	$11.43B	10.7%	57.7%	$980.6M	$3.39B
FY 2023	$44.62B	$9.90B	44.0%	44.0%	$3.19B	$3.13B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

DOW // BETA 0.92

SCCO // BETA 1.16