COMP <GO>
MIAX vs BULL // RETURN ON INVESTED CAPITAL (ROIC)
Miami International Holdings Inc. (NYSE) VS. Webull Corporation (Class A) (NASDAQ) • 15-METRIC TALLY: MIAX 6
— BULL 3
▲ RETURN ON INVESTED CAPITAL (ROIC) LEADER: MIAX
LAST: $33.86 (-2.92%) • MKT CAP: $3.46B
roic
16.20%
LAST: $5.20 (0.00%) • MKT CAP: $2.81B
roic
1.50%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MIAX VS. BULL)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MIAX | BULL | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) ACTIVE | 16.20% | 1.50% | +14.70 | MIAX | /roic <GO> |
| EV/EBITDA & P/E Valuation | 24.1x | 95.0x | -70.90 | MIAX | /valuation <GO> |
| Free Cash Flow Yield | 4.65% | 19.49% | -14.84 | BULL | /fcf-yield <GO> |
| Operating Margin | 6.70% | 3.70% | +3.00 | MIAX | /operating-margins <GO> |
| Net Profit Margin | -5.10% | 3.10% | -8.20 | BULL | /net-margins <GO> |
| Revenue Growth (YoY) | 19.60% | 11.00% | +8.60 | MIAX | /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 | 5/9 | 8/9 | -3.00 | BULL | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 55.0 | 30.5 | +24.50 | MIAX | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.09 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 108.2x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.46B | $2.81B | $649.7M | MIAX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MIAX REV | BULL REV | MIAX GROSS % | BULL GROSS % | MIAX FCF | BULL FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.36B | $81.8M | — | — | $145.0M | $561.5M |
| FY 2024 | $1.14B | $75.0M | — | — | $84.7M | $182.8M |
| FY 2023 | $1.04B | $20.1M | — | — | -$49.2M | $470.6M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MIAX // BETA —
BULL // BETA 1.09