COMP <GO>

UROY vs HSBC // FREE CASH FLOW YIELD

Uranium Royalty Corp. (NASDAQ) VS. HSBC Holdings plc. (NYSE) • 15-METRIC TALLY: UROY 2 — HSBC 4

▲ FREE CASH FLOW YIELD LEADER: UROY

LAST: $3.25 (-2.98%) • MKT CAP: $1.23B

fcf-yield

13.63%

LAST: $85.91 (+0.57%) • MKT CAP: $294.96B

fcf-yield

2.21%

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

INSTITUTIONAL METRIC	UROY	HSBC	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	9.90%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	27.1x	21.0x	+6.10	HSBC	/valuation <GO>
Free Cash Flow Yield ACTIVE	13.63%	2.21%	+11.42	UROY	/fcf-yield <GO>
Operating Margin	—	13.90%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	10.90%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	23.10%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	5/9	8/9	-3.00	HSBC	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	35.6	30.3	+5.30	UROY	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	0.92	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	30.2x	27.6x	+2.60	HSBC	/forward-pe <GO>
Enterprise Scale & Market Cap	$1.23B	$294.96B	-$293.73B	HSBC	/market-cap <GO>

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

FISCAL YEAR	UROY REV	HSBC REV	UROY GROSS %	HSBC GROSS %	UROY FCF	HSBC FCF
FY 2025	$135.3M	—	—	—	$178.5M	—
FY 2024	$9.6M	—	—	—	-$15.1M	—
FY 2023	$14.3M	—	—	—	-$76.4M	—

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

UROY // BETA —

HSBC // BETA 0.92