COMP <GO>

TSAT vs NX // FREE CASH FLOW YIELD

Telesat Corporation and Class B Variable Voting Shares (Class A) (NASDAQ) VS. Quanex Building Products Corporation (NYSE) • 15-METRIC TALLY: TSAT 1 — NX 2

■ METRIC PARITY

TSAT — Telesat Corporation and Class B Variable Voting Shares (Class A) ROARABLE D • RQD 48/100

LAST: $42.52 (-6.65%) • MKT CAP: $1.54B

DES <GO> FA <GO> 10-K RED <GO>

fcf-yield

—

NX — Quanex Building Products Corporation ROARABLE D • RQD 50/100

LAST: $20.76 (+4.85%) • MKT CAP: $951.4M

DES <GO> FA <GO> 10-K RED <GO>

fcf-yield

10.75%

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

INSTITUTIONAL METRIC	TSAT	NX	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	27.20%	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	-22.90%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield ACTIVE	—	10.75%	—	TIE	/fcf-yield <GO>
Operating Margin	—	-10.60%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	-13.60%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	43.80%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	1.57%	-1.57	NX	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	1.37	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	—	6/9	—	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	40.1	58.0	-17.92	NX	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	—	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$1.54B	$951.4M	$586.1M	TSAT	/market-cap <GO>

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

FISCAL YEAR	TSAT REV	NX REV	TSAT GROSS %	NX GROSS %	TSAT FCF	NX FCF
FY 2025	—	$1.84B	—	27.2%	—	$102.3M
FY 2024	—	$1.28B	—	23.9%	—	$51.7M
FY 2023	—	$1.13B	—	—	—	$147.1M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

TSAT // BETA —

NX // BETA —