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QNST vs MAX // EV/EBITDA & P/E VALUATION

QuinStreet Inc. (NASDAQ) VS. MediaAlpha Inc. (Class A) (NYSE) • 15-METRIC TALLY: QNST 4 — MAX 6
▲ EV/EBITDA & P/E VALUATION LEADER: MAX
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (QNST VS. MAX) EMERALD CELL = QUANTITATIVE EDGE
INSTITUTIONAL METRIC QNST MAX SPREAD (A - B) ADVANTAGE DEDICATED URL
Gross Profit Margin 10.10% 15.00% -4.90 MAX /gross-margins <GO>
Return on Invested Capital (ROIC) 2.60% 19.70% -17.10 MAX /roic <GO>
EV/EBITDA & P/E Valuation ACTIVE 109.9x 41.1x +68.80 MAX /valuation <GO>
Free Cash Flow Yield 8.45% 7.80% +0.65 QNST /fcf-yield <GO>
Operating Margin 0.60% 2.00% -1.40 MAX /operating-margins <GO>
Net Profit Margin 0.40% 2.30% -1.90 MAX /net-margins <GO>
Revenue Growth (YoY) 78.30% 28.80% +49.50 QNST /revenue-growth <GO>
Dividend Yield & FCF Payout Safety 0.00% 0.00% 0.00 TIE /dividend-safety <GO>
Altman Z-Score & Debt/Equity 5.24 2.64 +2.60 QNST /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 61.3 76.0 -14.66 MAX /rsi-technicals <GO>
10Y Yield & FRED Macro Beta — — — TIE /macro-sensitivity <GO>
Forward P/E Multiple — 27.4x — TIE /forward-pe <GO>
Enterprise Scale & Market Cap $980.8M $836.4M $144.4M QNST /market-cap <GO>
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
FISCAL YEAR QNST REV MAX REV QNST GROSS % MAX GROSS % QNST FCF MAX FCF
FY 2025 $1.09B $1.11B 10.1% 15.0% $82.9M $65.3M
FY 2024 $613.5M $864.7M 7.5% 16.6% $6.7M $45.6M
FY 2023 $580.6M $388.1M — — $11.8M $20.2M
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
QNST // BETA —
MAX // BETA —