WallStSmart

Nebius Group N.V. (NBIS)vsZillow Group Inc Class C (Z)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Zillow Group Inc Class C generates 207% more annual revenue ($2.69B vs $877.90M). NBIS leads profitability with a 93.1% profit margin vs 2.3%. NBIS appears more attractively valued with a PEG of 0.63. Z earns a higher WallStSmart Score of 61/100 (C+).

NBIS

Buy

55

out of 100

Grade: C-

Growth: 8.0Profit: 5.0Value: 5.3Quality: 6.0
Piotroski: 5/9Altman Z: 1.10

Z

Buy

61

out of 100

Grade: C+

Growth: 8.0Profit: 4.5Value: 6.0Quality: 8.5
Piotroski: 4/9Altman Z: 3.98
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NBISUndervalued (+6.8%)

Margin of Safety

+6.8%

Fair Value

$307.64

Current Price

$283.61

$24.03 discount

UndervaluedFair: $307.64Overvalued
ZUndervalued (+26.6%)

Margin of Safety

+26.6%

Fair Value

$62.24

Current Price

$30.31

$31.93 discount

UndervaluedFair: $62.24Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NBIS4 strengths · Avg: 9.3/10
Profit MarginProfitability
93.1%10/10

Keeps 93 of every $100 in revenue as profit

Revenue GrowthGrowth
684.0%10/10

Revenue surging 684.0% year-over-year

Market CapQuality
$66.03B9/10

Large-cap with strong market position

PEG RatioValuation
0.638/10

Growing faster than its price suggests

Z6 strengths · Avg: 9.3/10
Price/BookValuation
1.5x10/10

Reasonable price relative to book value

EPS GrowthGrowth
533.0%10/10

Earnings expanding 533.0% YoY

Debt/EquityHealth
0.1010/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
3.9810/10

Safe zone — low bankruptcy risk

PEG RatioValuation
0.938/10

Growing faster than its price suggests

Revenue GrowthGrowth
18.4%8/10

18.4% revenue growth

Areas to Watch

NBIS4 concerns · Avg: 3.3/10
Price/BookValuation
10.0x4/10

Trading at 10.0x book value

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Debt/EquityHealth
1.313/10

Elevated debt levels

P/E RatioValuation
100.0x2/10

Premium valuation, high expectations priced in

Z3 concerns · Avg: 2.7/10
Return on EquityProfitability
1.4%3/10

ROE of 1.4% — below average capital efficiency

Profit MarginProfitability
2.3%3/10

2.3% margin — thin

P/E RatioValuation
128.1x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : NBIS

The strongest argument for NBIS centers on Profit Margin, Revenue Growth, Market Cap. Profitability is solid with margins at 93.1% and operating margin at -32.1%. Revenue growth of 684.0% demonstrates continued momentum.

Bull Case : Z

The strongest argument for Z centers on Price/Book, EPS Growth, Debt/Equity. Revenue growth of 18.4% demonstrates continued momentum. PEG of 0.93 suggests the stock is reasonably priced for its growth.

Bear Case : NBIS

The primary concerns for NBIS are Price/Book, EPS Growth, Debt/Equity. A P/E of 100.0x leaves little room for execution misses.

Bear Case : Z

The primary concerns for Z are Return on Equity, Profit Margin, P/E Ratio. A P/E of 128.1x leaves little room for execution misses. Thin 2.3% margins leave little buffer for downturns.

Key Dynamics to Monitor

Z carries more volatility with a beta of 1.94 — expect wider price swings.

NBIS is growing revenue faster at 684.0% — sustainability is the question.

Z generates stronger free cash flow (164M), providing more financial flexibility.

Monitor INTERNET CONTENT & INFORMATION industry trends, competitive dynamics, and regulatory changes.

Bottom Line

Z scores higher overall (61/100 vs 55/100) and 18.4% revenue growth. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Nebius Group N.V.

COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION · USA

Nebius Group N.V. (Ticker: NBIS) is an innovative technology firm focused on delivering advanced digital solutions that enhance client engagement and improve operational efficiency across various sectors. Leveraging cutting-edge cloud computing, artificial intelligence, and data analytics, Nebius empowers businesses to navigate the complexities of the digital landscape effectively. With a robust portfolio of intellectual property and a network of strategic partnerships, the company is strategically positioned to capitalize on significant growth opportunities, making it an attractive investment for institutional investors seeking exposure to leading-edge technology-driven markets.

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Zillow Group Inc Class C

COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION · USA

Zillow Group, Inc., a digital real estate company, operates real estate brands on mobile apps and websites in the United States. The company is headquartered in Seattle, Washington.

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