WallStSmart

Patria Investments Ltd (PAX)vsRoyal Bank of Canada (RY)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Royal Bank of Canada generates 15589% more annual revenue ($67.15B vs $428.01M). RY leads profitability with a 33.9% profit margin vs 16.3%. RY trades at a lower P/E of 18.4x. RY earns a higher WallStSmart Score of 63/100 (C+).

PAX

Buy

51

out of 100

Grade: C-

Growth: 6.7Profit: 7.0Value: 5.3Quality: 4.8
Piotroski: 3/9

RY

Buy

63

out of 100

Grade: C+

Growth: 7.3Profit: 8.0Value: 5.0Quality: 5.0
Piotroski: 4/9Altman Z: -0.50

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PAX2 strengths · Avg: 9.0/10
Revenue GrowthGrowth
34.9%10/10

Revenue surging 34.9% year-over-year

Operating MarginProfitability
22.6%8/10

Strong operational efficiency at 22.6%

RY4 strengths · Avg: 9.5/10
Market CapQuality
$291.55B10/10

Mega-cap, among the largest globally

Profit MarginProfitability
33.9%10/10

Keeps 34 of every $100 in revenue as profit

Operating MarginProfitability
46.4%10/10

Strong operational efficiency at 46.4%

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

Areas to Watch

PAX4 concerns · Avg: 2.8/10
Market CapQuality
$1.73B3/10

Smaller company, higher risk/reward

Debt/EquityHealth
1.063/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

EPS GrowthGrowth
-18.7%2/10

Earnings declined 18.7%

RY4 concerns · Avg: 2.3/10
PEG RatioValuation
2.354/10

Expensive relative to growth rate

Free Cash FlowQuality
$-28.67B2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
-0.502/10

Distress zone — elevated risk

Debt/EquityHealth
2.881/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : PAX

The strongest argument for PAX centers on Revenue Growth, Operating Margin. Profitability is solid with margins at 16.3% and operating margin at 22.6%. Revenue growth of 34.9% demonstrates continued momentum.

Bull Case : RY

The strongest argument for RY centers on Market Cap, Profit Margin, Operating Margin. Profitability is solid with margins at 33.9% and operating margin at 46.4%.

Bear Case : PAX

The primary concerns for PAX are Market Cap, Debt/Equity, Piotroski F-Score.

Bear Case : RY

The primary concerns for RY are PEG Ratio, Free Cash Flow, Altman Z-Score. Debt-to-equity of 2.88 is elevated, increasing financial risk.

Key Dynamics to Monitor

PAX profiles as a growth stock while RY is a mature play — different risk/reward profiles.

RY carries more volatility with a beta of 0.92 — expect wider price swings.

PAX is growing revenue faster at 34.9% — sustainability is the question.

PAX generates stronger free cash flow (28M), providing more financial flexibility.

Bottom Line

RY scores higher overall (63/100 vs 51/100), backed by strong 33.9% margins. 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.

Patria Investments Ltd

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

Patria Investments Limited is a private market investment firm focused on investing in Latin America. The company is headquartered in Grand Cayman, the Cayman Islands.

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Royal Bank of Canada

FINANCIAL SERVICES · BANKS - DIVERSIFIED · USA

Royal Bank of Canada is a globally diversified financial services company. The company is headquartered in Toronto, Canada.

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