COMP <GO>
BRZE vs SPCX // EV/EBITDA & P/E VALUATION
Braze Inc. (NASDAQ) VS. Space Exploration Technologies Corp. (NASDAQ) • 15-METRIC TALLY: BRZE 2
— SPCX 8
■ METRIC PARITY
LAST: $45.67 (-0.17%) • MKT CAP: $5.20B
valuation
—
LAST: $136.37 (+1.23%) • MKT CAP: $1.83T
valuation
14.3x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BRZE VS. SPCX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BRZE | SPCX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 67.10% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -16.20% | 58.30% | -74.50 | SPCX | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 14.3x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 1.19% | 3.99% | -2.80 | SPCX | /fcf-yield <GO> |
| Operating Margin | -19.60% | 21.10% | -40.70 | SPCX | /operating-margins <GO> |
| Net Profit Margin | -17.80% | 16.40% | -34.20 | SPCX | /net-margins <GO> |
| Revenue Growth (YoY) | 24.40% | 20.90% | +3.50 | BRZE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 5.87 | 26.00 | -20.13 | SPCX | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 7/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 83.2 | 39.5 | +43.70 | BRZE | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.21 | 1.36 | -0.15 | SPCX | /macro-sensitivity <GO> |
| Forward P/E Multiple | 36.0x | 18.2x | +17.80 | SPCX | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.20B | $1.83T | -$1.82T | SPCX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BRZE REV | SPCX REV | BRZE GROSS % | SPCX GROSS % | BRZE FCF | SPCX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $738.2M | $38.67B | 67.1% | — | $61.9M | $0 |
| FY 2024 | $593.4M | — | 69.1% | — | $23.4M | — |
| FY 2023 | $471.8M | — | — | — | -$14.4M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BRZE // BETA 1.21
SPCX // BETA 1.36