WallStSmart

Eastman Kodak Co (KODK)vsUL Solutions Inc. (ULS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

UL Solutions Inc. generates 186% more annual revenue ($3.11B vs $1.09B). ULS leads profitability with a 11.3% profit margin vs -12.6%. ULS earns a higher WallStSmart Score of 62/100 (C+).

KODK

Hold

36

out of 100

Grade: F

Growth: 3.3Profit: 3.5Value: 4.0Quality: 7.5
Piotroski: 6/9Altman Z: 1.12

ULS

Buy

62

out of 100

Grade: C+

Growth: 7.3Profit: 8.0Value: 3.7Quality: 6.5
Piotroski: 5/9Altman Z: 2.41
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

KODKSignificantly Overvalued (-38.9%)

Margin of Safety

-38.9%

Fair Value

$5.50

Current Price

$9.06

$3.56 premium

UndervaluedFair: $5.50Overvalued

Intrinsic value data unavailable for ULS.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

KODK2 strengths · Avg: 9.5/10
Price/BookValuation
1.5x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.299/10

Conservative balance sheet, low leverage

ULS2 strengths · Avg: 8.5/10
Return on EquityProfitability
26.1%9/10

Every $100 of equity generates 26 in profit

EPS GrowthGrowth
36.4%8/10

Earnings expanding 36.4% YoY

Areas to Watch

KODK4 concerns · Avg: 2.5/10
Market CapQuality
$884.26M3/10

Smaller company, higher risk/reward

Operating MarginProfitability
1.1%3/10

Operating margin of 1.1%

Return on EquityProfitability
-20.4%2/10

ROE of -20.4% — below average capital efficiency

EPS GrowthGrowth
-4.1%2/10

Earnings declined 4.1%

ULS3 concerns · Avg: 3.3/10
PEG RatioValuation
2.244/10

Expensive relative to growth rate

Price/BookValuation
14.8x4/10

Trading at 14.8x book value

P/E RatioValuation
57.3x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : KODK

The strongest argument for KODK centers on Price/Book, Debt/Equity.

Bull Case : ULS

The strongest argument for ULS centers on Return on Equity, EPS Growth.

Bear Case : KODK

The primary concerns for KODK are Market Cap, Operating Margin, Return on Equity.

Bear Case : ULS

The primary concerns for ULS are PEG Ratio, Price/Book, P/E Ratio. A P/E of 57.3x leaves little room for execution misses.

Key Dynamics to Monitor

KODK profiles as a turnaround stock while ULS is a value play — different risk/reward profiles.

KODK carries more volatility with a beta of 1.53 — expect wider price swings.

ULS is growing revenue faster at 7.5% — sustainability is the question.

ULS generates stronger free cash flow (150M), providing more financial flexibility.

Bottom Line

ULS scores higher overall (62/100 vs 36/100). Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Eastman Kodak Co

INDUSTRIALS · SPECIALTY BUSINESS SERVICES · USA

Eastman Kodak Company provides hardware, software, supplies and services to customers in the commercial printing, packaging, publishing, manufacturing, commercial entertainment and film, and consumer products markets globally. The company is headquartered in Rochester, New York.

UL Solutions Inc.

INDUSTRIALS · SPECIALTY BUSINESS SERVICES · USA

UL Solutions Inc. provides safety science services globally. The company is headquartered in Northbrook, Illinois with additional offices in North America, Asia Pacific, Africa, Europe, Latin America, and Middle East.

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