COMP <GO>
NNI vs SEZL // EV/EBITDA & P/E VALUATION
Nelnet Inc. (NYSE) VS. Sezzle Inc. (NASDAQ) • 15-METRIC TALLY: NNI 2
— SEZL 4
■ METRIC PARITY
LAST: $124.27 (+1.47%) • MKT CAP: $4.38B
valuation
—
LAST: $128.32 (-4.84%) • MKT CAP: $4.56B
valuation
25.7x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NNI VS. SEZL)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NNI | SEZL | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 11.60% | 38.60% | -27.00 | SEZL | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 25.7x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 8.98% | 4.63% | +4.35 | NNI | /fcf-yield <GO> |
| Operating Margin | — | 74.90% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | — | 0.10% | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | — | 69.20% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.97% | 0.00% | +0.97 | NNI | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 9/9 | -5.00 | SEZL | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 42.2 | 59.2 | -17.00 | SEZL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.16 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 9.6x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.38B | $4.56B | -$173.8M | SEZL | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NNI REV | SEZL REV | NNI GROSS % | SEZL GROSS % | NNI FCF | SEZL FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $5.91B | $235.9M | — | — | $396.7M | $209.3M |
| FY 2024 | $5.79B | $139.4M | — | — | $642.0M | $130.6M |
| FY 2023 | $1.64B | $60.6M | — | — | $432.0M | -$28.4M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NNI // BETA —
SEZL // BETA 1.16