COMP <GO>
UP vs SRFM // EV/EBITDA & P/E VALUATION
Wheels Up Experience Inc. (Class A) (NYSE) VS. Surf Air Mobility Inc. (NYSE) • 15-METRIC TALLY: UP 2
— SRFM 1
■ METRIC PARITY
LAST: $3.19 (+3.91%) • MKT CAP: $115.7M
valuation
—
LAST: $0.79 (+0.91%) • MKT CAP: $105.1M
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (UP VS. SRFM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | UP | SRFM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 10.00% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | -35.00% | 0.00 | TIE | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | — | — | TIE | /fcf-yield <GO> |
| Operating Margin | -27.60% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | -39.90% | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | -7.00% | — | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.20 | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 2/9 | 1/9 | +1.00 | UP | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 41.9 | 43.4 | -1.51 | SRFM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $115.7M | $105.1M | $10.6M | UP | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | UP REV | SRFM REV | UP GROSS % | SRFM GROSS % | UP FCF | SRFM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $736.5M | $0 | 10.0% | — | -$259.9M | -$70.1M |
| FY 2024 | $792.1M | $0 | 7.5% | — | -$200.7M | -$66.1M |
| FY 2023 | $1.25B | $0 | — | — | -$665.3M | -$64.4M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
UP // BETA —
SRFM // BETA —