COMP <GO>

FCPT vs NTST // EV/EBITDA & P/E VALUATION

Four Corners Property Trust Inc. (NYSE) VS. NetSTREIT Corp. (NYSE) • 15-METRIC TALLY: FCPT 5 — NTST 1

■ METRIC PARITY

LAST: $22.33 (+1.36%) • MKT CAP: $2.45B

valuation

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LAST: $17.57 (+2.39%) • MKT CAP: $2.21B

valuation

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

INSTITUTIONAL METRIC	FCPT	NTST	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	6.90%	—	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation ACTIVE	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	7.85%	4.96%	+2.89	FCPT	/fcf-yield <GO>
Operating Margin	—	—	—	TIE	/operating-margins <GO>
Net Profit Margin	68.00%	—	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	1.80%	19.80%	-18.00	NTST	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	5.87%	3.18%	+2.69	FCPT	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	5/9	3/9	+2.00	FCPT	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	54.8	48.0	+6.82	FCPT	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	20.3x	—	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$2.45B	$2.21B	$243.5M	FCPT	/market-cap <GO>

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

FISCAL YEAR	FCPT REV	NTST REV	FCPT GROSS %	NTST GROSS %	FCPT FCF	NTST FCF
FY 2025	$31.5M	$195.0M	—	—	$192.3M	$109.5M
FY 2024	$30.9M	$162.8M	—	—	$144.1M	$90.2M
FY 2023	$30.7M	$131.9M	—	—	$165.1M	$80.2M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

FCPT // BETA —

NTST // BETA —