COMP <GO>

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

Kohl's Corporation (NYSE) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: KSS 5 — V 10

▲ RETURN ON INVESTED CAPITAL (ROIC) LEADER: V

LAST: $24.31 (-0.78%) • MKT CAP: $2.78B

roic

10.20%

LAST: $413.59 (+0.74%) • MKT CAP: $733.53B

roic

32.30%

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

INSTITUTIONAL METRIC	KSS	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	40.60%	41.00%	-0.40	V	/gross-margins <GO>
Return on Invested Capital (ROIC) ACTIVE	10.20%	32.30%	-22.10	V	/roic <GO>
EV/EBITDA & P/E Valuation	3.5x	28.9x	-25.40	KSS	/valuation <GO>
Free Cash Flow Yield	22.00%	2.90%	+19.10	KSS	/fcf-yield <GO>
Operating Margin	4.00%	60.00%	-56.00	V	/operating-margins <GO>
Net Profit Margin	1.80%	50.10%	-48.30	V	/net-margins <GO>
Revenue Growth (YoY)	-4.30%	11.30%	-15.60	V	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	2.02%	0.63%	+1.39	KSS	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	1.81	9.09	-7.28	V	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	9/9	-1.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.70%	7.10%	-0.40	KSS	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	68.3	69.4	-1.19	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.93	1.06	-0.13	V	/macro-sensitivity <GO>
Forward P/E Multiple	9.5x	34.0x	-24.50	KSS	/forward-pe <GO>
Enterprise Scale & Market Cap	$2.78B	$733.53B	-$730.76B	V	/market-cap <GO>

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

FISCAL YEAR	KSS REV	V REV	KSS GROSS %	V GROSS %	KSS FCF	V FCF
FY 2025	$15.53B	$40.00B	40.6%	44.0%	$681.3M	$21.26B
FY 2024	$16.22B	$35.93B	40.4%	44.0%	-$81.9M	$18.33B
FY 2023	$17.48B	$32.65B	44.0%	44.0%	$381.6M	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

KSS // BETA 0.93

V // BETA 1.06