COMP <GO>
ACT vs RYAN // EV/EBITDA & P/E VALUATION
Enact Holdings Inc. (NASDAQ) VS. Ryan Specialty Holdings Inc. (NYSE) • 15-METRIC TALLY: ACT 4
— RYAN 4
■ METRIC PARITY
LAST: $47.18 (-1.83%) • MKT CAP: $6.61B
valuation
—
LAST: $43.84 (+1.29%) • MKT CAP: $11.07B
valuation
23.4x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ACT VS. RYAN)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ACT | RYAN | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 12.60% | 10.30% | +2.30 | ACT | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 23.4x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 10.97% | 4.60% | +6.37 | ACT | /fcf-yield <GO> |
| Operating Margin | — | 16.50% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 54.60% | 2.10% | +52.50 | ACT | /net-margins <GO> |
| Revenue Growth (YoY) | 2.80% | 21.90% | -19.10 | RYAN | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 1.83% | 0.55% | +1.28 | ACT | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 6/9 | -2.00 | RYAN | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 56.3 | 59.2 | -2.90 | RYAN | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.04 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 9.1x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $6.61B | $11.07B | -$4.46B | RYAN | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ACT REV | RYAN REV | ACT GROSS % | RYAN GROSS % | ACT FCF | RYAN FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.24B | $2.99B | — | — | $724.5M | $508.9M |
| FY 2024 | $1.20B | $2.46B | — | — | $686.3M | $404.4M |
| FY 2023 | $1.15B | $2.03B | — | — | $632.0M | $386.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ACT // BETA —
RYAN // BETA 1.04