COMP <GO>
NP vs ARX // GROSS PROFIT MARGIN
Neptune Insurance Holdings Inc. (Class A) (NYSE) VS. Accelerant Holdings (Class A) (NYSE) • 15-METRIC TALLY: NP 1
— ARX 4
■ METRIC PARITY
LAST: $29.18 (+1.28%) • MKT CAP: $3.98B
gross-margins
—
LAST: $19.82 (0.00%) • MKT CAP: $4.30B
gross-margins
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NP VS. ARX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NP | ARX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin ACTIVE | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 28.20% | — | — | TIE | /roic <GO> |
| EV/EBITDA & P/E Valuation | 56.0x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 1.30% | 10.34% | -9.04 | ARX | /fcf-yield <GO> |
| Operating Margin | 44.50% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 23.40% | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | 33.70% | 51.50% | -17.80 | ARX | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 3/9 | +4.00 | NP | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 48.2 | 66.4 | -18.20 | ARX | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 89.4x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.98B | $4.30B | -$323.9M | ARX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NP REV | ARX REV | NP GROSS % | ARX GROSS % | NP FCF | ARX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $159.6M | $912.9M | — | — | $51.7M | $445.1M |
| FY 2024 | $119.3M | $602.6M | — | — | $49.9M | $785.7M |
| FY 2023 | $84.9M | $344.0M | — | — | $18.6M | $290.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NP // BETA —
ARX // BETA —