COMP <GO>

FOIL vs XPEL // EV/EBITDA & P/E VALUATION

Londian Wason New Energy Tech Inc. each representing five (NYSE) VS. XPEL Inc. (NASDAQ) • 15-METRIC TALLY: FOIL 0 — XPEL 2

■ METRIC PARITY

LAST: $15.43 (-6.99%) • MKT CAP: $1.21B

valuation

—

LAST: $45.78 (+4.35%) • MKT CAP: $1.26B

valuation

18.3x

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

INSTITUTIONAL METRIC	FOIL	XPEL	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	42.20%	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	21.60%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation ACTIVE	—	18.3x	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	4.99%	—	TIE	/fcf-yield <GO>
Operating Margin	—	13.20%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	10.80%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	13.30%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	11.04	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	—	9/9	—	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	33.2	54.8	-21.65	XPEL	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	20.7x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$1.21B	$1.26B	-$56.2M	XPEL	/market-cap <GO>

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

FISCAL YEAR	FOIL REV	XPEL REV	FOIL GROSS %	XPEL GROSS %	FOIL FCF	XPEL FCF
FY 2025	—	$476.2M	—	42.2%	—	$62.9M
FY 2024	—	$420.4M	—	42.2%	—	$41.1M
FY 2023	—	$396.3M	—	—	—	$37.4M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

FOIL // BETA —

XPEL // BETA —