COMP <GO>

DOX vs MSFT // 10Y YIELD & FRED MACRO BETA

Amdocs Limited (NASDAQ) VS. Microsoft Corporation (NASDAQ) • 15-METRIC TALLY: DOX 7 — MSFT 8

▲ 10Y YIELD & FRED MACRO BETA LEADER: DOX

LAST: $62.83 (+0.98%) • MKT CAP: $6.72B

macro-sensitivity

1.39

LAST: $521.91 (-1.55%) • MKT CAP: $3.88T

macro-sensitivity

1.14

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

INSTITUTIONAL METRIC	DOX	MSFT	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	35.10%	67.66%	-32.56	MSFT	/gross-margins <GO>
Return on Invested Capital (ROIC)	23.60%	26.54%	-2.94	MSFT	/roic <GO>
EV/EBITDA & P/E Valuation	9.7x	19.9x	-10.23	DOX	/valuation <GO>
Free Cash Flow Yield	9.21%	1.55%	+7.66	DOX	/fcf-yield <GO>
Operating Margin	12.60%	47.10%	-34.50	MSFT	/operating-margins <GO>
Net Profit Margin	9.90%	41.17%	-31.27	MSFT	/net-margins <GO>
Revenue Growth (YoY)	2.40%	17.91%	-15.51	MSFT	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	3.16%	0.70%	+2.46	DOX	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	4.98	9.35	-4.37	MSFT	/balance-sheet <GO>
Piotroski F-Score Quality	7/9	6/9	+1.00	DOX	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	8.20%	5.74%	+2.46	MSFT	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	62.3	49.0	+13.32	DOX	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta ACTIVE	1.39	1.14	+0.25	DOX	/macro-sensitivity <GO>
Forward P/E Multiple	12.6x	24.2x	-11.59	DOX	/forward-pe <GO>
Enterprise Scale & Market Cap	$6.72B	$3.88T	-$3.87T	MSFT	/market-cap <GO>

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

FISCAL YEAR	DOX REV	MSFT REV	DOX GROSS %	MSFT GROSS %	DOX FCF	MSFT FCF
FY 2026	—	$331.84B	—	67.9%	—	$66.99B
FY 2025	—	$281.72B	—	68.8%	—	$71.61B
FY 2024	$5.00B	$245.12B	35.1%	69.8%	$618.9M	$74.07B
FY 2023	$4.89B	$211.91B	44.0%	68.9%	$602.7M	$59.48B
FY 2022	—	$198.27B	—	68.4%	—	$65.15B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

DOX // BETA 1.39

MSFT // BETA 1.14