COMP <GO>
FOUR vs BFH // EV/EBITDA & P/E VALUATION
Shift4 Payments Inc. (Class A) (NYSE) VS. Bread Financial Holdings Inc. (NYSE) • 15-METRIC TALLY: FOUR 3
— BFH 9
▲ EV/EBITDA & P/E VALUATION LEADER: BFH
LAST: $42.07 (+5.10%) • MKT CAP: $3.16B
valuation
18.6x
LAST: $107.16 (+3.63%) • MKT CAP: $3.93B
valuation
12.6x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (FOUR VS. BFH)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | FOUR | BFH | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 5.50% | 6.40% | -0.90 | BFH | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 18.6x | 12.6x | +6.00 | BFH | /valuation <GO> |
| Free Cash Flow Yield | 20.13% | 22.00% | -1.87 | BFH | /fcf-yield <GO> |
| Operating Margin | 8.40% | 56.30% | -47.90 | BFH | /operating-margins <GO> |
| Net Profit Margin | 3.50% | 46.10% | -42.60 | BFH | /net-margins <GO> |
| Revenue Growth (YoY) | 25.50% | 12.10% | +13.40 | FOUR | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 1.00% | -1.00 | BFH | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.93 | 0.48 | +0.45 | FOUR | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 8/9 | -2.00 | BFH | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 52.7 | 50.3 | +2.40 | FOUR | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.12 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 17.7x | 6.5x | +11.20 | BFH | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.16B | $3.93B | -$764.8M | BFH | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | FOUR REV | BFH REV | FOUR GROSS % | BFH GROSS % | FOUR FCF | BFH FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.18B | $1.71B | — | — | $624.0M | $2.09B |
| FY 2024 | $3.33B | $915.2M | — | — | $493.0M | $1.86B |
| FY 2023 | $2.56B | $2.37B | — | — | $346.0M | $1.99B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
FOUR // BETA —
BFH // BETA 1.12