COMP <GO>
TNET vs FOUR // EV/EBITDA & P/E VALUATION
TriNet Group Inc. (NYSE) VS. Shift4 Payments Inc. (Class A) (NYSE) • 15-METRIC TALLY: TNET 3
— FOUR 6
■ METRIC PARITY
LAST: $63.70 (-9.53%) • MKT CAP: $2.92B
valuation
—
LAST: $39.25 (+2.96%) • MKT CAP: $3.10B
valuation
18.6x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TNET VS. FOUR)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | TNET | FOUR | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 85.00% | 5.50% | +79.50 | TNET | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 18.6x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 8.00% | 20.13% | -12.13 | FOUR | /fcf-yield <GO> |
| Operating Margin | — | 8.40% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 3.10% | 3.50% | -0.40 | FOUR | /net-margins <GO> |
| Revenue Growth (YoY) | -0.90% | 25.50% | -26.40 | FOUR | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 1.78% | 0.00% | +1.78 | TNET | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | 0.93 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 6/9 | -1.00 | FOUR | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 40.9 | 52.8 | -11.94 | FOUR | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 17.6x | 17.7x | -0.10 | TNET | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $2.92B | $3.10B | -$175.1M | FOUR | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | TNET REV | FOUR REV | TNET GROSS % | FOUR GROSS % | TNET FCF | FOUR FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $5.01B | $4.18B | — | — | $234.0M | $624.0M |
| FY 2024 | $5.05B | $3.33B | — | — | $201.0M | $493.0M |
| FY 2023 | $4.92B | $2.56B | — | — | $539.0M | $346.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
TNET // BETA —
FOUR // BETA —