COMP <GO>
FOUR vs TNET // EV/EBITDA & P/E VALUATION
Shift4 Payments Inc. (Class A) (NYSE) VS. TriNet Group Inc. (NYSE) • 15-METRIC TALLY: FOUR 6
— TNET 3
■ METRIC PARITY
LAST: $39.25 (+2.96%) • MKT CAP: $3.10B
valuation
18.6x
LAST: $63.70 (-9.53%) • MKT CAP: $2.92B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (FOUR VS. TNET)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | FOUR | TNET | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 5.50% | 85.00% | -79.50 | TNET | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 18.6x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 20.13% | 8.00% | +12.13 | FOUR | /fcf-yield <GO> |
| Operating Margin | 8.40% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 3.50% | 3.10% | +0.40 | FOUR | /net-margins <GO> |
| Revenue Growth (YoY) | 25.50% | -0.90% | +26.40 | FOUR | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 1.78% | -1.78 | TNET | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.93 | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 5/9 | +1.00 | FOUR | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 52.8 | 40.9 | +11.94 | FOUR | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 17.7x | 17.6x | +0.10 | TNET | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.10B | $2.92B | $175.1M | FOUR | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | FOUR REV | TNET REV | FOUR GROSS % | TNET GROSS % | FOUR FCF | TNET FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.18B | $5.01B | — | — | $624.0M | $234.0M |
| FY 2024 | $3.33B | $5.05B | — | — | $493.0M | $201.0M |
| FY 2023 | $2.56B | $4.92B | — | — | $346.0M | $539.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
FOUR // BETA —
TNET // BETA —