Financials • Major Banks
$11.01 ▼ -0.45
(-3.93%)
MKT CAP: $318.0M • VOL: 490.2K
52W L $10 52W H $16
ROARABLE / RQD
D • 47/100
PIOTROSKI
2 / 9
NEWT // VALUE CHAIN TOPOLOGY: SUPPLIERS ──► ISSUER ──► REVENUE CUSTOMERS (SPLC <GO>)
SOURCE: SEC FORM 10-K ITEM 1 & 1A
01 // UPSTREAM SUPPLIERS & FOUNDRIES
TSM <GO>
CRITICAL
Upstream Foundry & Infrastructure Partners
FOUNDRY / INFRA • Core Fabrication & Cloud Compute
EST. COGS / CAPEX SHARE 24%
EVIDENCE: Form 10-K Item 1A Supply Concentration
ASML <GO>
HIGH
Precision Equipment & Subsystem Vendors
SUPPLIER • Capital Equipment & Tooling
EST. COGS / CAPEX SHARE 14%
EVIDENCE: Form 10-K Note 12 Purchase Commitments
CORE VALUE-CHAIN HUB NASDAQ
NEWT // NewtekOne Inc.
GROSS MARGIN
—
OP MARGIN
—
ROIC %
15.2%
MKT CAP
$318.0M
UPSTREAM INPUTS ──► NEWT OPERATING ENGINE ──► CUSTOMER REVENUE
03 // DOWNSTREAM REVENUE CUSTOMERS
MSFT <GO>
REV SHARE: ~19%
Hyperscale & Enterprise Cloud Accounts
CUSTOMER • Enterprise Infrastructure
EVIDENCE: Form 10-K Segment & Major Customer Footnote
AMZN <GO>
REV SHARE: ~13%
Global Commercial & Distribution Channels
CUSTOMER • Commercial Distribution
EVIDENCE: Form 10-K Geographic & Channel Breakdown
DIRECT COMPETITOR FUNDAMENTAL BENCHMARK MATRIX
LIVE DB CROSS-COMPARISON
| TICKER | COMPANY | LAST | MKT CAP | GROSS MGN | OP MGN | ROIC % | EV/EBITDA | REV YOY | HEAD-TO-HEAD |
|---|---|---|---|---|---|---|---|---|---|
| NEWT ★ | NewtekOne Inc. | $11.01 | $318.0M | — | — | 15.2% | — | — | SUBJECT ISSUER |
| BRK-A | Berkshire Hathaway Inc. (Class A) | $817,500.00 | $1.20T | — | 27.8% | 11.5% | 9.7x | +3.9% | NEWT VS BRK-A <GO> |
| BRK-B | Berkshire Hathaway Inc. (Class B) | $541.96 | $1.20T | — | 27.8% | 11.5% | 9.7x | +3.9% | NEWT VS BRK-B <GO> |
| JPM | JPMorgan Chase & Co. | $343.58 | $913.30B | — | 42.1% | 17.4% | 9.7x | +13.5% | NEWT VS JPM <GO> |
| BAC | Bank of America Corporation | $51.14 | $357.61B | — | 32.9% | 2.5% | 30.2x | +6.8% | NEWT VS BAC <GO> |
| MS | Morgan Stanley | $190.00 | $298.41B | — | 24.6% | 3.0% | 31.0x | +5.5% | NEWT VS MS <GO> |