COMP <GO>

P vs AAPL // OPTIONS IMPLIED MOVE & PUT/CALL SKEW

Everpure Inc. (NYSE) VS. Apple Inc. (NASDAQ) • 15-METRIC TALLY: P 3 — AAPL 11

▲ OPTIONS IMPLIED MOVE & PUT/CALL SKEW LEADER: AAPL

LAST: $126.98 (-7.45%) • MKT CAP: $45.72B

options-implied-move

8.10%

LAST: $344.63 (-1.23%) • MKT CAP: $5.03T

options-implied-move

5.76%

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

INSTITUTIONAL METRIC	P	AAPL	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	70.40%	48.65%	+21.75	P	/gross-margins <GO>
Return on Invested Capital (ROIC)	2.50%	81.38%	-78.88	AAPL	/roic <GO>
EV/EBITDA & P/E Valuation	95.0x	30.1x	+64.89	AAPL	/valuation <GO>
Free Cash Flow Yield	1.35%	2.72%	-1.37	AAPL	/fcf-yield <GO>
Operating Margin	3.10%	33.17%	-30.07	AAPL	/operating-margins <GO>
Net Profit Margin	5.10%	27.62%	-22.52	AAPL	/net-margins <GO>
Revenue Growth (YoY)	15.60%	14.24%	+1.36	P	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.31%	-0.31	AAPL	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	9.30	13.54	-4.24	AAPL	/balance-sheet <GO>
Piotroski F-Score Quality	9/9	9/9	0.00	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew ACTIVE	8.10%	5.76%	+2.34	AAPL	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	47.5	55.4	-7.90	AAPL	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	1.34	1.14	+0.20	P	/macro-sensitivity <GO>
Forward P/E Multiple	140.0x	35.3x	+104.66	AAPL	/forward-pe <GO>
Enterprise Scale & Market Cap	$45.72B	$5.03T	-$4.98T	AAPL	/market-cap <GO>

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

FISCAL YEAR	P REV	AAPL REV	P GROSS %	AAPL GROSS %	P FCF	AAPL FCF
FY 2025	$3.66B	$416.16B	70.4%	46.9%	$615.7M	$98.77B
FY 2024	$3.17B	$391.04B	69.8%	46.2%	$526.9M	$108.81B
FY 2023	$2.83B	$383.29B	44.0%	44.1%	$550.3M	$99.58B
FY 2022	—	$394.33B	—	43.3%	—	$111.44B
FY 2021	—	$365.82B	—	41.8%	—	$92.95B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

P // BETA 1.34

AAPL // BETA 1.14