COMP <GO>

FAC vs NRGV // EV/EBITDA & P/E VALUATION

Factorial Energy Inc. (Class A) (NASDAQ) VS. Energy Vault Holdings Inc. (NYSE) • 15-METRIC TALLY: FAC 1 — NRGV 3

■ METRIC PARITY

LAST: $4.48 (+2.52%) • MKT CAP: $479.5M

valuation

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LAST: $3.27 (+1.55%) • MKT CAP: $594.6M

valuation

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

INSTITUTIONAL METRIC	FAC	NRGV	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	23.60%	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	-35.00%	-35.00%	0.00	TIE	/roic <GO>
EV/EBITDA & P/E Valuation ACTIVE	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	-6.51%	-7.86%	+1.35	FAC	/fcf-yield <GO>
Operating Margin	—	-36.50%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	-50.90%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	180.00%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	0.20	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	2/9	4/9	-2.00	NRGV	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	38.9	45.8	-6.89	NRGV	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	—	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$479.5M	$594.6M	-$115.2M	NRGV	/market-cap <GO>

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

FISCAL YEAR	FAC REV	NRGV REV	FAC GROSS %	NRGV GROSS %	FAC FCF	NRGV FCF
FY 2025	$0	$203.7M	—	23.6%	-$31.2M	-$46.7M
FY 2024	$0	$46.2M	—	13.4%	-$38.2M	-$114.7M
FY 2023	—	$341.5M	—	—	—	-$92.7M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

FAC // BETA —

NRGV // BETA —