COMP <GO>
SR vs NWN // EV/EBITDA & P/E VALUATION
Spire Inc. (NYSE) VS. Northwest Natural Holding Company (NYSE) • 15-METRIC TALLY: SR 4
— NWN 6
▲ EV/EBITDA & P/E VALUATION LEADER: NWN
LAST: $86.72 (+1.43%) • MKT CAP: $5.13B
valuation
7.3x
LAST: $49.96 (+0.99%) • MKT CAP: $2.10B
valuation
6.4x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SR VS. NWN)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | SR | NWN | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 58.80% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 5.30% | 6.00% | -0.70 | NWN | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 7.3x | 6.4x | +0.90 | NWN | /valuation <GO> |
| Free Cash Flow Yield | -6.72% | -9.40% | +2.68 | SR | /fcf-yield <GO> |
| Operating Margin | 21.20% | 21.80% | -0.60 | NWN | /operating-margins <GO> |
| Net Profit Margin | 11.00% | 8.80% | +2.20 | SR | /net-margins <GO> |
| Revenue Growth (YoY) | -4.50% | 11.80% | -16.30 | NWN | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 3.55% | 3.68% | -0.13 | NWN | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.96 | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 5/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 67.3 | 60.5 | +6.76 | SR | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.93 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 17.6x | 17.3x | +0.30 | NWN | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.13B | $2.10B | $3.02B | SR | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | SR REV | NWN REV | SR GROSS % | NWN GROSS % | SR FCF | NWN FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.48B | $1.29B | 58.8% | — | -$344.4M | -$197.8M |
| FY 2024 | $2.59B | $1.15B | 52.5% | — | $51.1M | -$194.1M |
| FY 2023 | $2.67B | $1.20B | — | — | $320.2M | $279.9M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
SR // BETA 0.93
NWN // BETA —