COMP <GO>
BSP vs APP // FORWARD P/E MULTIPLE
Bending Spoons S.p.A. (NASDAQ) VS. Applovin Corporation (NASDAQ) • 15-METRIC TALLY: BSP 3
— APP 7
▲ FORWARD P/E MULTIPLE LEADER: BSP
LAST: $45.52 (-2.69%) • MKT CAP: $32.49B
forward-pe
18.2x
LAST: $228.50 (-10.36%) • MKT CAP: $85.31B
forward-pe
21.5x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BSP VS. APP)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BSP | APP | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | 87.90% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 14.90% | 48.10% | -33.20 | APP | /roic <GO> |
| EV/EBITDA & P/E Valuation | 14.9x | 19.8x | -4.90 | BSP | /valuation <GO> |
| Free Cash Flow Yield | 3.99% | 4.37% | -0.38 | APP | /fcf-yield <GO> |
| Operating Margin | 21.10% | 75.00% | -53.90 | APP | /operating-margins <GO> |
| Net Profit Margin | 16.40% | 60.80% | -44.40 | APP | /net-margins <GO> |
| Revenue Growth (YoY) | 22.00% | 70.00% | -48.00 | APP | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 3.87 | 13.48 | -9.61 | APP | /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 | 57.2 | 41.6 | +15.60 | BSP | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.17 | 1.17 | 0.00 | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 18.2x | 21.5x | -3.30 | BSP | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $32.49B | $85.31B | -$52.82B | APP | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BSP REV | APP REV | BSP GROSS % | APP GROSS % | BSP FCF | APP FCF |
|---|---|---|---|---|---|---|
| FY 2025 | — | $5.48B | — | 87.9% | — | $3.72B |
| FY 2024 | — | $3.22B | — | 83.9% | — | $2.09B |
| FY 2023 | — | $1.84B | — | — | — | $978.6M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BSP // BETA 1.17
APP // BETA 1.17