WallStSmart

SUPER HI INTERNATIONAL HOLDING LTD. American Depositary Shares (HDL)vsRestaurant Brands International Inc (QSR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Restaurant Brands International Inc generates 1039% more annual revenue ($9.59B vs $841.97M). QSR leads profitability with a 10.0% profit margin vs 4.3%. HDL trades at a lower P/E of 22.6x. QSR earns a higher WallStSmart Score of 70/100 (B).

HDL

Hold

38

out of 100

Grade: F

Growth: 5.3Profit: 5.5Value: 5.7Quality: 5.8
Piotroski: 3/9

QSR

Strong Buy

70

out of 100

Grade: B

Growth: 8.0Profit: 8.0Value: 8.0Quality: 4.3
Piotroski: 4/9Altman Z: 0.93
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

HDLUndervalued (+14.3%)

Margin of Safety

+14.3%

Fair Value

$19.75

Current Price

$13.41

$6.34 discount

UndervaluedFair: $19.75Overvalued
QSRUndervalued (+33.6%)

Margin of Safety

+33.6%

Fair Value

$106.48

Current Price

$79.71

$26.77 discount

UndervaluedFair: $106.48Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HDL1 strengths · Avg: 8.0/10
Price/BookValuation
2.2x8/10

Reasonable price relative to book value

QSR4 strengths · Avg: 8.8/10
EPS GrowthGrowth
100.0%10/10

Earnings expanding 100.0% YoY

Return on EquityProfitability
28.1%9/10

Every $100 of equity generates 28 in profit

PEG RatioValuation
0.948/10

Growing faster than its price suggests

Operating MarginProfitability
27.0%8/10

Strong operational efficiency at 27.0%

Areas to Watch

HDL4 concerns · Avg: 2.8/10
Market CapQuality
$799.00M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
4.3%3/10

4.3% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

EPS GrowthGrowth
-83.3%2/10

Earnings declined 83.3%

QSR2 concerns · Avg: 3.0/10
P/E RatioValuation
25.4x4/10

Moderate valuation

Altman Z-ScoreHealth
0.932/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : HDL

The strongest argument for HDL centers on Price/Book.

Bull Case : QSR

The strongest argument for QSR centers on EPS Growth, Return on Equity, PEG Ratio. PEG of 0.94 suggests the stock is reasonably priced for its growth.

Bear Case : HDL

The primary concerns for HDL are Market Cap, Profit Margin, Piotroski F-Score. Thin 4.3% margins leave little buffer for downturns.

Bear Case : QSR

The primary concerns for QSR are P/E Ratio, Altman Z-Score.

Key Dynamics to Monitor

QSR carries more volatility with a beta of 0.55 — expect wider price swings.

HDL is growing revenue faster at 10.0% — sustainability is the question.

QSR generates stronger free cash flow (169M), providing more financial flexibility.

Monitor RESTAURANTS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

QSR scores higher overall (70/100 vs 38/100). Both earn "Strong 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.

SUPER HI INTERNATIONAL HOLDING LTD. American Depositary Shares

CONSUMER CYCLICAL · RESTAURANTS · USA

Super Hi International Holding Ltd. (HDL) is a dynamic investment firm that specializes in the innovative integration of technology across both digital and traditional business landscapes. With a strategic emphasis on sustainable growth, the company boasts a diversified portfolio tailored to capitalize on emerging market trends and sector evolution. Its adeptness in navigating complex market environments bolsters its competitive edge, presenting a compelling opportunity for institutional investors in pursuit of robust returns. As Super Hi progresses in expanding its footprint within the technology and industrial sectors, it exemplifies strong potential for long-term value creation.

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Restaurant Brands International Inc

CONSUMER CYCLICAL · RESTAURANTS · USA

Restaurant Brands International Inc. owns, operates and franchises quick-service restaurants under the Tim Hortons (TH), Burger King (BK) and Popeyes (PLK) brands. The company is headquartered in Toronto, Canada.

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