COMP <GO>

NKE vs V // FORWARD P/E MULTIPLE

Nike Inc. (NYSE) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: NKE 6 — V 9

▲ FORWARD P/E MULTIPLE LEADER: NKE

LAST: $38.67 (+0.65%) • MKT CAP: $57.07B

forward-pe

17.1x

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

forward-pe

34.0x

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

INSTITUTIONAL METRIC	NKE	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	42.90%	41.00%	+1.90	NKE	/gross-margins <GO>
Return on Invested Capital (ROIC)	21.20%	32.30%	-11.10	V	/roic <GO>
EV/EBITDA & P/E Valuation	13.1x	28.9x	-15.80	NKE	/valuation <GO>
Free Cash Flow Yield	3.83%	2.90%	+0.93	NKE	/fcf-yield <GO>
Operating Margin	8.20%	60.00%	-51.80	V	/operating-margins <GO>
Net Profit Margin	6.70%	50.10%	-43.40	V	/net-margins <GO>
Revenue Growth (YoY)	0.20%	11.30%	-11.10	V	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	4.22%	0.63%	+3.59	NKE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.82	9.09	-5.27	V	/balance-sheet <GO>
Piotroski F-Score Quality	6/9	9/9	-3.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	7.40%	7.10%	+0.30	V	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	61.7	69.4	-7.72	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	1.16	1.06	+0.10	NKE	/macro-sensitivity <GO>
Forward P/E Multiple ACTIVE	17.1x	34.0x	-16.90	NKE	/forward-pe <GO>
Enterprise Scale & Market Cap	$57.07B	$733.53B	-$676.47B	V	/market-cap <GO>

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

FISCAL YEAR	NKE REV	V REV	NKE GROSS %	V GROSS %	NKE FCF	V FCF
FY 2025	$46.40B	$40.00B	42.9%	44.0%	$2.18B	$21.26B
FY 2024	$46.31B	$35.93B	42.7%	44.0%	$3.27B	$18.33B
FY 2023	$51.36B	$32.65B	44.0%	44.0%	$5.12B	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

NKE // BETA 1.16

V // BETA 1.06