COMP <GO>
WK vs BILL // EV/EBITDA & P/E VALUATION
Workiva Inc. (NYSE) VS. BILL Holdings Inc. (NYSE) • 15-METRIC TALLY: WK 5
— BILL 6
■ METRIC PARITY
LAST: $83.88 (-1.05%) • MKT CAP: $4.61B
valuation
—
LAST: $49.82 (+0.20%) • MKT CAP: $4.27B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (WK VS. BILL)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | WK | BILL | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 78.50% | 81.40% | -2.90 | BILL | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -9.30% | -1.20% | -8.10 | BILL | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 3.07% | 8.32% | -5.25 | BILL | /fcf-yield <GO> |
| Operating Margin | -4.80% | -5.50% | +0.70 | WK | /operating-margins <GO> |
| Net Profit Margin | -3.00% | 1.60% | -4.60 | BILL | /net-margins <GO> |
| Revenue Growth (YoY) | 19.70% | 13.40% | +6.30 | WK | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.95 | 0.62 | +1.33 | WK | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 9/9 | -1.00 | BILL | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 65.5 | 60.9 | +4.60 | WK | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.32 | 1.33 | -0.01 | BILL | /macro-sensitivity <GO> |
| Forward P/E Multiple | 22.0x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.61B | $4.27B | $343.4M | WK | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | WK REV | BILL REV | WK GROSS % | BILL GROSS % | WK FCF | BILL FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $884.6M | $1.46B | 78.5% | 81.4% | $138.0M | $346.3M |
| FY 2024 | $738.7M | $1.29B | 76.7% | 81.8% | $86.3M | $277.8M |
| FY 2023 | $630.0M | $1.06B | — | — | $42.5M | $140.1M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
WK // BETA 1.32
BILL // BETA 1.33