COMP <GO>

MTUS vs RIO // 10Y YIELD & FRED MACRO BETA

Metallus Inc. (NYSE) VS. Rio Tinto Plc (NYSE) • 15-METRIC TALLY: MTUS 2 — RIO 5

■ METRIC PARITY

LAST: $21.42 (+1.18%) • MKT CAP: $887.8M

macro-sensitivity

—

LAST: $83.25 (-3.12%) • MKT CAP: $104.57B

macro-sensitivity

1.02

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

INSTITUTIONAL METRIC	MTUS	RIO	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	8.20%	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	-0.20%	9.90%	-10.10	RIO	/roic <GO>
EV/EBITDA & P/E Valuation	—	21.0x	—	TIE	/valuation <GO>
Free Cash Flow Yield	1.80%	2.21%	-0.41	RIO	/fcf-yield <GO>
Operating Margin	—	13.90%	—	TIE	/operating-margins <GO>
Net Profit Margin	-0.10%	10.90%	-11.00	RIO	/net-margins <GO>
Revenue Growth (YoY)	6.90%	1.10%	+5.80	MTUS	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	3.74	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	5/9	7/9	-2.00	RIO	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	59.2	31.2	+27.97	MTUS	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta ACTIVE	—	1.02	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	30.5x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$887.8M	$104.57B	-$103.68B	RIO	/market-cap <GO>

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

FISCAL YEAR	MTUS REV	RIO REV	MTUS GROSS %	RIO GROSS %	MTUS FCF	RIO FCF
FY 2025	$1.16B	—	8.2%	—	$16.0M	—
FY 2024	$1.08B	—	9.0%	—	$40.3M	—
FY 2023	$1.36B	—	—	—	$125.3M	—

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

MTUS // BETA —

RIO // BETA 1.02