COMP <GO>

HAFN vs MA // DIVIDEND YIELD & FCF PAYOUT SAFETY

Hafnia Limited (NYSE) VS. Mastercard Incorporated (NYSE) • 15-METRIC TALLY: HAFN 0 — MA 3

▲ DIVIDEND YIELD & FCF PAYOUT SAFETY LEADER: MA

LAST: $11.06 (+2.03%) • MKT CAP: $5.92B

dividend-safety

0.00%

LAST: $635.70 (+4.16%) • MKT CAP: $556.88B

dividend-safety

0.49%

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

INSTITUTIONAL METRIC	HAFN	MA	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	33.50%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	29.2x	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	3.08%	—	TIE	/fcf-yield <GO>
Operating Margin	—	57.60%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	45.60%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	16.40%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety ACTIVE	0.00%	0.49%	-0.49	MA	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	11.17	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	—	8/9	—	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	61.1	68.8	-7.72	MA	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	0.90	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	31.2x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$5.92B	$556.88B	-$550.96B	MA	/market-cap <GO>

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

FISCAL YEAR	HAFN REV	MA REV	HAFN GROSS %	MA GROSS %	HAFN FCF	MA FCF
FY 2025	—	$32.79B	—	—	—	$17.16B
FY 2024	—	$28.17B	—	—	—	$14.31B
FY 2023	—	$25.10B	—	—	—	$10.85B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

HAFN // BETA —

MA // BETA 0.90