COMP <GO>

NPT vs V // RETURN ON INVESTED CAPITAL (ROIC)

Texxon Holding Limited (NASDAQ) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: NPT 1 — V 6

■ METRIC PARITY

LAST: $1.85 (-0.54%) • MKT CAP: $41.0M

roic

—

LAST: $410.54 (+2.48%) • MKT CAP: $733.53B

roic

32.30%

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

INSTITUTIONAL METRIC	NPT	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	0.60%	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC) ACTIVE	—	32.30%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	28.9x	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	2.90%	—	TIE	/fcf-yield <GO>
Operating Margin	-0.10%	60.00%	-60.10	V	/operating-margins <GO>
Net Profit Margin	-0.10%	50.10%	-50.20	V	/net-margins <GO>
Revenue Growth (YoY)	18.50%	11.30%	+7.20	NPT	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.63%	-0.63	V	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	9.09	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	3/9	9/9	-6.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	37.5	65.6	-28.07	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.06	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	34.0x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$41.0M	$733.53B	-$733.49B	V	/market-cap <GO>

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

FISCAL YEAR	NPT REV	V REV	NPT GROSS %	V GROSS %	NPT FCF	V FCF
FY 2025	$797.1M	$40.00B	0.6%	—	-$42.8M	$21.26B
FY 2024	$672.7M	$35.93B	0.7%	—	-$64.1M	$18.33B
FY 2023	$552.5M	$32.65B	—	—	-$14.2M	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

NPT // BETA —

V // BETA 1.06