COMP <GO>
WINA vs MA // GROSS PROFIT MARGIN
Winmark Corporation (NASDAQ) VS. Mastercard Incorporated (NYSE) • 15-METRIC TALLY: WINA 7
— MA 3
■ METRIC PARITY
LAST: $286.88 (+1.38%) • MKT CAP: $1.02B
gross-margins
96.00%
LAST: $635.70 (+4.16%) • MKT CAP: $556.88B
gross-margins
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (WINA VS. MA)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | WINA | MA | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin ACTIVE | 96.00% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 84.50% | 33.50% | +51.00 | WINA | /roic <GO> |
| EV/EBITDA & P/E Valuation | 18.5x | 29.2x | -10.70 | WINA | /valuation <GO> |
| Free Cash Flow Yield | 4.38% | 3.08% | +1.30 | WINA | /fcf-yield <GO> |
| Operating Margin | 63.40% | 57.60% | +5.80 | WINA | /operating-margins <GO> |
| Net Profit Margin | 48.40% | 45.60% | +2.80 | WINA | /net-margins <GO> |
| Revenue Growth (YoY) | 5.90% | 16.40% | -10.50 | MA | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 4.81% | 0.49% | +4.32 | WINA | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | 11.17 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 8/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 43.5 | 68.8 | -25.30 | MA | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 0.90 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 22.8x | 31.2x | -8.40 | WINA | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $1.02B | $556.88B | -$555.86B | MA | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | WINA REV | MA REV | WINA GROSS % | MA GROSS % | WINA FCF | MA FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $86.1M | $32.79B | 96.4% | — | $44.7M | $17.16B |
| FY 2024 | $81.3M | $28.17B | 95.8% | — | $42.0M | $14.31B |
| FY 2023 | $83.2M | $25.10B | — | — | $44.0M | $10.85B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
WINA // BETA —
MA // BETA 0.90