COMP <GO>
KLAR vs HUT // EV/EBITDA & P/E VALUATION
Klarna Group plc (NYSE) VS. Hut 8 Corp. (NASDAQ) • 15-METRIC TALLY: KLAR 8
— HUT 2
■ METRIC PARITY
LAST: $13.30 (-2.56%) • MKT CAP: $9.39B
valuation
21.0x
LAST: $59.40 (-10.60%) • MKT CAP: $7.32B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (KLAR VS. HUT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | KLAR | HUT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.90% | -13.90% | +23.80 | KLAR | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 21.0x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 2.21% | -1.83% | +4.04 | KLAR | /fcf-yield <GO> |
| Operating Margin | 13.90% | -60.00% | +73.90 | KLAR | /operating-margins <GO> |
| Net Profit Margin | 10.90% | -60.00% | +70.90 | KLAR | /net-margins <GO> |
| Revenue Growth (YoY) | -1.10% | 44.80% | -45.90 | HUT | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 5/9 | +2.00 | KLAR | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 48.8 | 36.6 | +12.20 | KLAR | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.92 | 1.11 | -0.19 | HUT | /macro-sensitivity <GO> |
| Forward P/E Multiple | 30.5x | 36.0x | -5.50 | KLAR | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $9.39B | $7.32B | $2.06B | KLAR | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | KLAR REV | HUT REV | KLAR GROSS % | HUT GROSS % | KLAR FCF | HUT FCF |
|---|---|---|---|---|---|---|
| FY 2025 | — | $235.1M | — | 54.2% | — | -$149.8M |
| FY 2024 | — | $162.4M | — | — | — | -$75.8M |
| FY 2023 | — | $82.2M | — | — | — | -$25.9M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
KLAR // BETA 0.92
HUT // BETA 1.11