COMP <GO>
NBIS vs BIDU // EV/EBITDA & P/E VALUATION
Nebius Group N.V. (Class A) (NASDAQ) VS. Baidu Inc. ADS (NASDAQ) • 15-METRIC TALLY: NBIS 9
— BIDU 2
■ METRIC PARITY
LAST: $154.14 (-10.38%) • MKT CAP: $46.76B
valuation
—
LAST: $76.40 (-2.86%) • MKT CAP: $26.76B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NBIS VS. BIDU)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NBIS | BIDU | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 68.60% | 43.90% | +24.70 | NBIS | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -9.60% | -1.50% | -8.10 | BIDU | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -7.87% | -8.06% | +0.19 | NBIS | /fcf-yield <GO> |
| Operating Margin | -60.00% | -4.50% | -55.50 | BIDU | /operating-margins <GO> |
| Net Profit Margin | 15.60% | 4.30% | +11.30 | NBIS | /net-margins <GO> |
| Revenue Growth (YoY) | 180.00% | 1.20% | +178.80 | NBIS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 4.14 | 1.68 | +2.46 | NBIS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 4/9 | +4.00 | NBIS | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 43.6 | 38.8 | +4.80 | NBIS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.34 | 1.18 | +0.16 | NBIS | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 31.2x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $46.76B | $26.76B | $20.00B | NBIS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NBIS REV | BIDU REV | NBIS GROSS % | BIDU GROSS % | NBIS FCF | BIDU FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $529.8M | $18.46B | 68.6% | 43.9% | -$3.68B | -$2.16B |
| FY 2024 | $91.5M | $18.24B | 52.2% | 50.3% | -$561.9M | $1.79B |
| FY 2023 | $9.8M | $18.96B | — | — | $829.4M | $4.30B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NBIS // BETA 1.34
BIDU // BETA 1.18