COMP <GO>

KBH vs V // RETURN ON INVESTED CAPITAL (ROIC)

KB Home (NYSE) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: KBH 3 — V 6

▲ RETURN ON INVESTED CAPITAL (ROIC) LEADER: V

LAST: $47.66 (+3.23%) • MKT CAP: $2.90B

roic

11.00%

LAST: $410.54 (+2.48%) • MKT CAP: $733.53B

roic

32.30%

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

INSTITUTIONAL METRIC	KBH	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC) ACTIVE	11.00%	32.30%	-21.30	V	/roic <GO>
EV/EBITDA & P/E Valuation	—	28.9x	—	TIE	/valuation <GO>
Free Cash Flow Yield	9.92%	2.90%	+7.02	KBH	/fcf-yield <GO>
Operating Margin	—	60.00%	—	TIE	/operating-margins <GO>
Net Profit Margin	6.90%	50.10%	-43.20	V	/net-margins <GO>
Revenue Growth (YoY)	-10.00%	11.30%	-21.30	V	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	2.37%	0.63%	+1.74	KBH	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	9.09	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	3/9	9/9	-6.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	58.0	65.6	-7.56	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.06	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	6.3x	34.0x	-27.70	KBH	/forward-pe <GO>
Enterprise Scale & Market Cap	$2.90B	$733.53B	-$730.64B	V	/market-cap <GO>

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

FISCAL YEAR	KBH REV	V REV	KBH GROSS %	V GROSS %	KBH FCF	V FCF
FY 2025	$6.24B	$40.00B	—	—	$287.3M	$21.26B
FY 2024	$6.93B	$35.93B	—	—	$323.4M	$18.33B
FY 2023	$6.41B	$32.65B	—	—	$1.08B	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

KBH // BETA —

V // BETA 1.06