COMP <GO>

HDL vs CNNE // 10Y YIELD & FRED MACRO BETA

SUPER HI INTERNATIONAL HOLDING LTD. (NASDAQ) VS. Cannae Holdings Inc. (NYSE) • 15-METRIC TALLY: HDL 0 — CNNE 3

■ METRIC PARITY

LAST: $9.90 (0.00%) • MKT CAP: $643.8M

macro-sensitivity

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LAST: $17.15 (+1.78%) • MKT CAP: $743.9M

macro-sensitivity

—

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

INSTITUTIONAL METRIC	HDL	CNNE	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	15.50%	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	-10.60%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	-2.43%	—	TIE	/fcf-yield <GO>
Operating Margin	—	-28.20%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	-60.00%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	-6.40%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	4.10%	-4.10	CNNE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	1.50	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	—	3/9	—	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	32.6	71.2	-38.58	CNNE	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta ACTIVE	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	—	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$643.8M	$743.9M	-$100.1M	CNNE	/market-cap <GO>

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

FISCAL YEAR	HDL REV	CNNE REV	HDL GROSS %	CNNE GROSS %	HDL FCF	CNNE FCF
FY 2025	—	$423.6M	—	15.5%	—	-$18.1M
FY 2024	—	$452.5M	—	18.0%	—	-$90.1M
FY 2023	—	$570.0M	—	—	—	-$87.8M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

HDL // BETA —

CNNE // BETA —