COMP <GO>

KEYS vs BRK-A // ALTMAN Z-SCORE & DEBT/EQUITY

Keysight Technologies Inc. (NYSE) VS. Berkshire Hathaway Inc. (NYSE) • 15-METRIC TALLY: KEYS 7 — BRK-A 7

▲ ALTMAN Z-SCORE & DEBT/EQUITY LEADER: KEYS

LAST: $307.20 (-6.86%) • MKT CAP: $56.15B

balance-sheet

8.31

LAST: $815,600.00 (-0.23%) • MKT CAP: $1.20T

balance-sheet

3.02

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (KEYS VS. BRK-A) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	KEYS	BRK-A	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	62.10%	41.00%	+21.10	KEYS	/gross-margins <GO>
Return on Invested Capital (ROIC)	10.50%	8.30%	+2.20	KEYS	/roic <GO>
EV/EBITDA & P/E Valuation	57.4x	12.7x	+44.70	BRK-A	/valuation <GO>
Free Cash Flow Yield	2.28%	2.08%	+0.20	KEYS	/fcf-yield <GO>
Operating Margin	16.30%	33.00%	-16.70	BRK-A	/operating-margins <GO>
Net Profit Margin	15.80%	27.10%	-11.30	BRK-A	/net-margins <GO>
Revenue Growth (YoY)	8.00%	-1.00%	+9.00	KEYS	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity ACTIVE	8.31	3.02	+5.29	KEYS	/balance-sheet <GO>
Piotroski F-Score Quality	9/9	6/9	+3.00	KEYS	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.50%	7.30%	-0.80	KEYS	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	35.4	67.2	-31.73	BRK-A	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.88	1.13	-0.25	BRK-A	/macro-sensitivity <GO>
Forward P/E Multiple	61.5x	16.7x	+44.80	BRK-A	/forward-pe <GO>
Enterprise Scale & Market Cap	$56.15B	$1.20T	-$1.15T	BRK-A	/market-cap <GO>

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

FISCAL YEAR	KEYS REV	BRK-A REV	KEYS GROSS %	BRK-A GROSS %	KEYS FCF	BRK-A FCF
FY 2025	$5.38B	$247.24B	62.1%	44.0%	$1.28B	$25.04B
FY 2024	$4.98B	$249.71B	62.9%	44.0%	$898.0M	$11.62B
FY 2023	$5.46B	$254.91B	44.0%	44.0%	$1.16B	$37.73B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

KEYS // BETA 0.88

BRK-A // BETA 1.13