COMP <GO>

SKM vs NFLX // RETURN ON INVESTED CAPITAL (ROIC)

SK Telecom Co. Ltd. (NYSE) VS. Netflix, Inc. (NASDAQ) • 15-METRIC TALLY: SKM 2 — NFLX 11

▲ RETURN ON INVESTED CAPITAL (ROIC) LEADER: NFLX

LAST: $30.28 (-2.70%) • MKT CAP: $11.94B

roic

9.90%

LAST: $62.08 (+0.05%) • MKT CAP: $254.92B

roic

33.94%

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

INSTITUTIONAL METRIC	SKM	NFLX	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	41.00%	50.68%	-9.68	NFLX	/gross-margins <GO>
Return on Invested Capital (ROIC) ACTIVE	9.90%	33.94%	-24.04	NFLX	/roic <GO>
EV/EBITDA & P/E Valuation	21.0x	16.2x	+4.80	NFLX	/valuation <GO>
Free Cash Flow Yield	2.21%	4.46%	-2.25	NFLX	/fcf-yield <GO>
Operating Margin	13.90%	31.30%	-17.40	NFLX	/operating-margins <GO>
Net Profit Margin	10.90%	29.69%	-18.79	NFLX	/net-margins <GO>
Revenue Growth (YoY)	-4.40%	14.65%	-19.05	NFLX	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.74	8.25	-4.51	NFLX	/balance-sheet <GO>
Piotroski F-Score Quality	7/9	7/9	0.00	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.50%	7.26%	-0.76	SKM	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	32.7	30.6	+2.09	SKM	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.87	1.41	-0.54	NFLX	/macro-sensitivity <GO>
Forward P/E Multiple	30.5x	19.2x	+11.29	NFLX	/forward-pe <GO>
Enterprise Scale & Market Cap	$11.94B	$254.92B	-$242.98B	NFLX	/market-cap <GO>

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

FISCAL YEAR	SKM REV	NFLX REV	SKM GROSS %	NFLX GROSS %	SKM FCF	NFLX FCF
FY 2025	—	$45.18B	—	48.5%	—	$9.46B
FY 2024	—	$39.00B	—	46.1%	—	$6.92B
FY 2023	—	$33.72B	—	41.5%	—	$6.93B
FY 2022	—	$31.62B	—	39.4%	—	$1.62B
FY 2021	—	$29.70B	—	41.6%	—	-$132.0M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

SKM // BETA 0.87

NFLX // BETA 1.41