COMP <GO>

FIX vs BRK-A // EV/EBITDA & P/E VALUATION

Comfort Systems USA Inc. (NYSE) VS. Berkshire Hathaway Inc. (NYSE) • 15-METRIC TALLY: FIX 5 — BRK-A 8

▲ EV/EBITDA & P/E VALUATION LEADER: BRK-A

LAST: $1,232.66 (-7.06%) • MKT CAP: $46.40B

valuation

95.0x

LAST: $815,600.00 (-0.23%) • MKT CAP: $1.20T

valuation

12.7x

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (FIX VS. BRK-A) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	FIX	BRK-A	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	22.00%	41.00%	-19.00	BRK-A	/gross-margins <GO>
Return on Invested Capital (ROIC)	4.50%	8.30%	-3.80	BRK-A	/roic <GO>
EV/EBITDA & P/E Valuation ACTIVE	95.0x	12.7x	+82.30	BRK-A	/valuation <GO>
Free Cash Flow Yield	2.22%	2.08%	+0.14	FIX	/fcf-yield <GO>
Operating Margin	11.40%	33.00%	-21.60	BRK-A	/operating-margins <GO>
Net Profit Margin	55.80%	27.10%	+28.70	FIX	/net-margins <GO>
Revenue Growth (YoY)	-65.00%	-1.00%	-64.00	BRK-A	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.15%	0.00%	+0.15	FIX	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	8.06	3.02	+5.04	FIX	/balance-sheet <GO>
Piotroski F-Score Quality	7/9	6/9	+1.00	FIX	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	7.30%	7.30%	0.00	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	33.5	67.2	-33.70	BRK-A	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	1.13	1.13	0.00	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	42.2x	16.7x	+25.50	BRK-A	/forward-pe <GO>
Enterprise Scale & Market Cap	$46.40B	$1.20T	-$1.16T	BRK-A	/market-cap <GO>

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

FISCAL YEAR	FIX REV	BRK-A REV	FIX GROSS %	BRK-A GROSS %	FIX FCF	BRK-A FCF
FY 2025	$1.83B	$247.24B	22.0%	44.0%	$1.03B	$25.04B
FY 2024	$7.03B	$249.71B	21.0%	44.0%	$738.0M	$11.62B
FY 2023	$5.21B	$254.91B	44.0%	44.0%	$405.3M	$37.73B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

FIX // BETA 1.13

BRK-A // BETA 1.13