COMP <GO>
FWRG vs CNNE // 10Y YIELD & FRED MACRO BETA
First Watch Restaurant Group Inc. (NASDAQ) VS. Cannae Holdings Inc. (NYSE) • 15-METRIC TALLY: FWRG 6
— CNNE 4
■ METRIC PARITY
LAST: $12.74 (+1.84%) • MKT CAP: $772.0M
macro-sensitivity
—
LAST: $17.14 (-0.06%) • MKT CAP: $743.9M
macro-sensitivity
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (FWRG VS. CNNE)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | FWRG | CNNE | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | 15.50% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 3.60% | -10.60% | +14.20 | FWRG | /roic <GO> |
| EV/EBITDA & P/E Valuation | 4.7x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -4.01% | -2.43% | -1.58 | CNNE | /fcf-yield <GO> |
| Operating Margin | 2.30% | -28.20% | +30.50 | FWRG | /operating-margins <GO> |
| Net Profit Margin | 1.60% | -60.00% | +61.60 | FWRG | /net-margins <GO> |
| Revenue Growth (YoY) | 20.30% | -6.40% | +26.70 | FWRG | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 4.10% | -4.10 | CNNE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.06 | 1.50 | -0.44 | CNNE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 3/9 | +2.00 | FWRG | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 61.2 | 71.4 | -10.20 | CNNE | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 33.3x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $772.0M | $743.9M | $28.2M | FWRG | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | FWRG REV | CNNE REV | FWRG GROSS % | CNNE GROSS % | FWRG FCF | CNNE FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.22B | $423.6M | — | 15.5% | -$31.0M | -$18.1M |
| FY 2024 | $1.02B | $452.5M | — | 18.0% | -$12.2M | -$90.1M |
| FY 2023 | $891.6M | $570.0M | — | — | $95.3M | -$87.8M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
FWRG // BETA —
CNNE // BETA —