COMP <GO>
MBIN vs SYBT // EV/EBITDA & P/E VALUATION
Merchants Bancorp (NASDAQ) VS. Stock Yards Bancorp Inc. (NASDAQ) • 15-METRIC TALLY: MBIN 3
— SYBT 4
■ METRIC PARITY
LAST: $52.00 (+5.84%) • MKT CAP: $2.39B
valuation
—
LAST: $78.70 (+2.46%) • MKT CAP: $2.44B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MBIN VS. SYBT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MBIN | SYBT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.60% | 13.00% | -3.40 | SYBT | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -15.16% | 6.30% | -21.46 | SYBT | /fcf-yield <GO> |
| Operating Margin | — | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | — | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | — | — | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.49% | 1.52% | +0.97 | MBIN | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 1/9 | 5/9 | -4.00 | SYBT | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 62.1 | 53.0 | +9.15 | MBIN | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 10.1x | 16.2x | -6.10 | MBIN | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $2.39B | $2.44B | -$56.2M | SYBT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MBIN REV | SYBT REV | MBIN GROSS % | SYBT GROSS % | MBIN FCF | SYBT FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $0 | $0 | — | — | -$362.2M | $154.0M |
| FY 2024 | $0 | $0 | — | — | -$853.7M | $133.0M |
| FY 2023 | $0 | $0 | — | — | -$356.4M | $106.7M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MBIN // BETA —
SYBT // BETA —