COMP <GO>
BZ vs SNAP // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
KANZHUN LIMITED American Depository Shares (NASDAQ) VS. Snap Inc. (NYSE) • 15-METRIC TALLY: BZ 12
— SNAP 1
■ METRIC PARITY
LAST: $17.06 (+3.14%) • MKT CAP: $7.80B
options-implied-move
—
LAST: $5.45 (+2.06%) • MKT CAP: $9.03B
options-implied-move
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BZ VS. SNAP)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BZ | SNAP | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 85.10% | 55.00% | +30.10 | BZ | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 10.90% | -8.90% | +19.80 | BZ | /roic <GO> |
| EV/EBITDA & P/E Valuation | 20.1x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 8.25% | 4.55% | +3.70 | BZ | /fcf-yield <GO> |
| Operating Margin | 29.80% | -9.00% | +38.80 | BZ | /operating-margins <GO> |
| Net Profit Margin | 33.10% | -7.80% | +40.90 | BZ | /net-margins <GO> |
| Revenue Growth (YoY) | 17.30% | 10.60% | +6.70 | BZ | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 1.03% | 0.00% | +1.03 | BZ | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 8.70 | 0.45 | +8.25 | BZ | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 7/9 | +1.00 | BZ | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 57.7 | 38.6 | +19.10 | BZ | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.24 | 1.14 | +0.10 | BZ | /macro-sensitivity <GO> |
| Forward P/E Multiple | 16.5x | 22.0x | -5.50 | BZ | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $7.80B | $9.03B | -$1.23B | SNAP | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BZ REV | SNAP REV | BZ GROSS % | SNAP GROSS % | BZ FCF | SNAP FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.18B | $5.93B | 85.1% | 55.0% | $633.9M | $437.2M |
| FY 2024 | $1.01B | $5.36B | 83.1% | 53.9% | $368.0M | $218.7M |
| FY 2023 | $838.3M | $4.61B | — | — | $391.4M | $39.2M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BZ // BETA 1.24
SNAP // BETA 1.14