COMP <GO>
PAGP vs SOBO // RETURN ON INVESTED CAPITAL (ROIC)
Plains GP Holdings L.P. (Class A) (NASDAQ) VS. South Bow Corporation (NYSE) • 15-METRIC TALLY: PAGP 3
— SOBO 4
■ METRIC PARITY
LAST: $28.82 (+0.84%) • MKT CAP: $5.70B
roic
5.10%
LAST: $35.94 (+1.21%) • MKT CAP: $7.50B
roic
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (PAGP VS. SOBO)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | PAGP | SOBO | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 8.70% | 84.20% | -75.50 | SOBO | /gross-margins <GO> |
| Return on Invested Capital (ROIC) ACTIVE | 5.10% | — | — | TIE | /roic <GO> |
| EV/EBITDA & P/E Valuation | 5.9x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 22.00% | 9.56% | +12.44 | PAGP | /fcf-yield <GO> |
| Operating Margin | 3.20% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 4.00% | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | -9.50% | -6.30% | -3.20 | SOBO | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 5.55% | -5.55 | SOBO | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.08 | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 4/9 | +2.00 | PAGP | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 67.0 | 61.4 | +5.60 | PAGP | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.90 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.70B | $7.50B | -$1.79B | SOBO | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | PAGP REV | SOBO REV | PAGP GROSS % | SOBO GROSS % | PAGP FCF | SOBO FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $44.26B | $1.99B | 8.7% | 84.2% | $2.29B | $717.0M |
| FY 2024 | $48.89B | $2.12B | 7.6% | 82.3% | $2.04B | $529.0M |
| FY 2023 | $47.34B | $2.00B | — | — | $591.9M | $779.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
PAGP // BETA 0.90
SOBO // BETA —