COMP <GO>
NP vs CRVL // EV/EBITDA & P/E VALUATION
Neptune Insurance Holdings Inc. (Class A) (NYSE) VS. CorVel Corp. (NASDAQ) • 15-METRIC TALLY: NP 2
— CRVL 5
■ METRIC PARITY
LAST: $28.81 (-2.27%) • MKT CAP: $3.98B
valuation
56.0x
LAST: $82.19 (+0.75%) • MKT CAP: $4.15B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NP VS. CRVL)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NP | CRVL | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 28.20% | 29.40% | -1.20 | CRVL | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 56.0x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 1.30% | 2.66% | -1.36 | CRVL | /fcf-yield <GO> |
| Operating Margin | 44.50% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 23.40% | 11.50% | +11.90 | NP | /net-margins <GO> |
| Revenue Growth (YoY) | 33.70% | 7.00% | +26.70 | NP | /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 | 7/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 51.4 | 65.7 | -14.29 | CRVL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 89.4x | 35.0x | +54.40 | CRVL | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.98B | $4.15B | -$171.2M | CRVL | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NP REV | CRVL REV | NP GROSS % | CRVL GROSS % | NP FCF | CRVL FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $159.6M | $958.5M | — | — | $51.7M | $110.3M |
| FY 2024 | $119.3M | $895.6M | — | — | $49.9M | $91.6M |
| FY 2023 | $84.9M | $795.3M | — | — | $18.6M | $99.2M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NP // BETA —
CRVL // BETA —