COMP <GO>
ENHA vs SPHR // FORWARD P/E MULTIPLE
Enhanced Group Inc. (Class A) (NYSE) VS. Sphere Entertainment Co. (NYSE) • 15-METRIC TALLY: ENHA 2
— SPHR 3
■ METRIC PARITY
LAST: $9.43 (-26.96%) • MKT CAP: $5.11B
forward-pe
—
LAST: $109.14 (-3.50%) • MKT CAP: $4.06B
forward-pe
102.1x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ENHA VS. SPHR)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ENHA | SPHR | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -8.30% | -7.30% | -1.00 | SPHR | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -0.49% | 4.64% | -5.13 | SPHR | /fcf-yield <GO> |
| Operating Margin | — | -18.80% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | — | 2.70% | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | — | 19.00% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | 1.30 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 2/9 | 9/9 | -7.00 | SPHR | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 50.4 | 46.2 | +4.20 | ENHA | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 0.99 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | — | 102.1x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.11B | $4.06B | $1.05B | ENHA | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ENHA REV | SPHR REV | ENHA GROSS % | SPHR GROSS % | ENHA FCF | SPHR FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $0 | $1.22B | — | — | -$24.8M | $188.5M |
| FY 2024 | $0 | $1.02B | — | — | -$3.1M | -$65.7M |
| FY 2023 | — | $571.2M | — | — | — | $127.9M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ENHA // BETA —
SPHR // BETA 0.99