COMP <GO>

BIP vs VIK // FORWARD P/E MULTIPLE

Brookfield Infrastructure Partners LP (NYSE) VS. Viking Holdings Ltd (NYSE) • 15-METRIC TALLY: BIP 4 — VIK 2

▲ FORWARD P/E MULTIPLE LEADER: BIP

LAST: $37.32 (-0.05%) • MKT CAP: $17.09B

forward-pe

27.6x

LAST: $87.47 (-2.30%) • MKT CAP: $39.91B

forward-pe

30.5x

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

INSTITUTIONAL METRIC	BIP	VIK	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)	17.60%	-3.30%	+20.90	BIP	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	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	7/9	+1.00	BIP	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	55.4	61.5	-6.10	VIK	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	1.13	1.02	+0.11	BIP	/macro-sensitivity <GO>
Forward P/E Multiple ACTIVE	27.6x	30.5x	-2.90	BIP	/forward-pe <GO>
Enterprise Scale & Market Cap	$17.09B	$39.91B	-$22.82B	VIK	/market-cap <GO>

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

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

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

BIP // BETA 1.13

VIK // BETA 1.02