COMP <GO>
SPHR vs ENHA // EV/EBITDA & P/E VALUATION
Sphere Entertainment Co. (NYSE) VS. Enhanced Group Inc. (Class A) (NYSE) • 15-METRIC TALLY: SPHR 4
— ENHA 1
■ METRIC PARITY
LAST: $113.10 (+1.14%) • MKT CAP: $4.06B
valuation
—
LAST: $12.91 (+11.29%) • MKT CAP: $5.11B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SPHR VS. ENHA)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | SPHR | ENHA | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -7.30% | -8.30% | +1.00 | SPHR | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 4.64% | -0.49% | +5.13 | SPHR | /fcf-yield <GO> |
| Operating Margin | -18.80% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 2.70% | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | 19.00% | — | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.30 | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 2/9 | +7.00 | SPHR | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 46.2 | 35.1 | +11.13 | SPHR | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.99 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 102.1x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.06B | $5.11B | -$1.05B | ENHA | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | SPHR REV | ENHA REV | SPHR GROSS % | ENHA GROSS % | SPHR FCF | ENHA FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.22B | $0 | — | — | $188.5M | -$24.8M |
| FY 2024 | $1.02B | $0 | — | — | -$65.7M | -$3.1M |
| FY 2023 | $571.2M | — | — | — | $127.9M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
SPHR // BETA 0.99
ENHA // BETA —