COMP <GO>

XRN vs V // EV/EBITDA & P/E VALUATION

Chiron Real Estate Inc. (NYSE) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: XRN 2 — V 6

■ METRIC PARITY

LAST: $30.38 (-0.91%) • MKT CAP: $405.9M

valuation

—

LAST: $420.42 (-1.20%) • MKT CAP: $760.28B

valuation

28.9x

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

INSTITUTIONAL METRIC	XRN	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	-1.40%	32.30%	-33.70	V	/roic <GO>
EV/EBITDA & P/E Valuation ACTIVE	—	28.9x	—	TIE	/valuation <GO>
Free Cash Flow Yield	18.22%	2.90%	+15.32	XRN	/fcf-yield <GO>
Operating Margin	—	60.00%	—	TIE	/operating-margins <GO>
Net Profit Margin	-4.60%	50.10%	-54.70	V	/net-margins <GO>
Revenue Growth (YoY)	6.80%	11.30%	-4.50	V	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	1.44%	0.63%	+0.81	XRN	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	9.09	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	4/9	9/9	-5.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	42.9	74.2	-31.30	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.06	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	34.0x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$405.9M	$760.28B	-$759.88B	V	/market-cap <GO>

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

FISCAL YEAR	XRN REV	V REV	XRN GROSS %	V GROSS %	XRN FCF	V FCF
FY 2025	$148.2M	$40.00B	—	—	$73.6M	$21.26B
FY 2024	$138.8M	$35.93B	—	—	$70.0M	$18.33B
FY 2023	$141.0M	$32.65B	—	—	$68.4M	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

XRN // BETA —

V // BETA 1.06