COMP <GO>
LLYVA vs WMG // 10Y YIELD & FRED MACRO BETA
Liberty Live Holdings Inc. Series A Liberty Live Group (NASDAQ) VS. Warner Music Group Corp. (NASDAQ) • 15-METRIC TALLY: LLYVA 5
— WMG 8
▲ 10Y YIELD & FRED MACRO BETA LEADER: LLYVA
LAST: $100.62 (+1.55%) • MKT CAP: $9.26B
macro-sensitivity
1.16
LAST: $30.62 (+0.49%) • MKT CAP: $16.02B
macro-sensitivity
0.95
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (LLYVA VS. WMG)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | LLYVA | WMG | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 19.20% | 45.80% | -26.60 | WMG | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -5.60% | 14.30% | -19.90 | WMG | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 23.4x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -0.51% | 3.38% | -3.89 | WMG | /fcf-yield <GO> |
| Operating Margin | -13.50% | 10.30% | -23.80 | WMG | /operating-margins <GO> |
| Net Profit Margin | -22.80% | 5.40% | -28.20 | WMG | /net-margins <GO> |
| Revenue Growth (YoY) | 12.20% | 4.40% | +7.80 | LLYVA | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 2.40% | -2.40 | WMG | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.84 | 1.61 | +0.23 | LLYVA | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 6/9 | -2.00 | WMG | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 62.7 | 58.6 | +4.10 | LLYVA | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 1.16 | 0.95 | +0.21 | LLYVA | /macro-sensitivity <GO> |
| Forward P/E Multiple | 29.0x | 40.6x | -11.60 | LLYVA | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $9.26B | $16.02B | -$6.76B | WMG | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | LLYVA REV | WMG REV | LLYVA GROSS % | WMG GROSS % | LLYVA FCF | WMG FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $382.0M | $6.71B | 19.2% | 45.8% | -$46.6M | $539.0M |
| FY 2024 | $340.5M | $6.43B | 16.0% | 47.8% | -$40.6M | $638.0M |
| FY 2023 | — | $6.04B | — | — | — | $415.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
LLYVA // BETA 1.16
WMG // BETA 0.95