COMP <GO>

TIMB vs TLK // DIVIDEND YIELD & FCF PAYOUT SAFETY

TIM S.A. American (NYSE) VS. PT Telekomunikasi Indonesia Tbk (NYSE) • 15-METRIC TALLY: TIMB 3 — TLK 2

■ METRIC PARITY

LAST: $17.68 (-2.37%) • MKT CAP: $8.66B

dividend-safety

0.00%

LAST: $11.17 (-0.45%) • MKT CAP: $11.11B

dividend-safety

0.00%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TIMB VS. TLK) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	TIMB	TLK	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	9.90%	9.90%	0.00	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	21.0x	21.0x	0.00	TIE	/valuation <GO>
Free Cash Flow Yield	2.21%	2.21%	0.00	TIE	/fcf-yield <GO>
Operating Margin	13.90%	13.90%	0.00	TIE	/operating-margins <GO>
Net Profit Margin	10.90%	10.90%	0.00	TIE	/net-margins <GO>
Revenue Growth (YoY)	23.10%	4.40%	+18.70	TIMB	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety ACTIVE	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.74	3.74	0.00	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	8/9	0.00	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	47.9	35.4	+12.50	TIMB	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	1.04	1.09	-0.05	TLK	/macro-sensitivity <GO>
Forward P/E Multiple	27.6x	30.5x	-2.90	TIMB	/forward-pe <GO>
Enterprise Scale & Market Cap	$8.66B	$11.11B	-$2.45B	TLK	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	TIMB REV	TLK REV	TIMB GROSS %	TLK GROSS %	TIMB FCF	TLK FCF
INSPECT INDIVIDUAL XBRL MODELS AT TIMB FA <GO> AND TLK FA <GO>.

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

TIMB // BETA 1.04

TLK // BETA 1.09