WallStSmart

i3 Verticals Inc (IIIV)vsPalo Alto Networks Inc (PANW)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Palo Alto Networks Inc generates 4532% more annual revenue ($9.89B vs $213.61M). PANW leads profitability with a 13.0% profit margin vs 7.6%. PANW trades at a lower P/E of 87.3x. PANW earns a higher WallStSmart Score of 58/100 (C).

IIIV

Hold

37

out of 100

Grade: F

Growth: 3.3Profit: 4.0Value: 3.0Quality: 7.5
Piotroski: 3/9Altman Z: 3.36

PANW

Buy

58

out of 100

Grade: C

Growth: 8.0Profit: 7.0Value: 2.0Quality: 5.0
Piotroski: 1/9Altman Z: 1.02
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

IIIVSignificantly Overvalued (-3951.8%)

Margin of Safety

-3951.8%

Fair Value

$0.54

Current Price

$22.86

$22.32 premium

UndervaluedFair: $0.54Overvalued
PANWSignificantly Overvalued (-81.9%)

Margin of Safety

-81.9%

Fair Value

$84.24

Current Price

$153.22

$68.98 premium

UndervaluedFair: $84.24Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

IIIV3 strengths · Avg: 10.0/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.0210/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
3.3610/10

Safe zone — low bankruptcy risk

PANW3 strengths · Avg: 9.7/10
EPS GrowthGrowth
60.5%10/10

Earnings expanding 60.5% YoY

Debt/EquityHealth
0.0410/10

Conservative balance sheet, low leverage

Market CapQuality
$128.28B9/10

Large-cap with strong market position

Areas to Watch

IIIV4 concerns · Avg: 3.3/10
Revenue GrowthGrowth
0.9%4/10

0.9% revenue growth

Market CapQuality
$691.10M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.8%3/10

ROE of 0.8% — below average capital efficiency

Profit MarginProfitability
7.6%3/10

7.6% margin — thin

PANW4 concerns · Avg: 2.8/10
Price/BookValuation
11.5x4/10

Trading at 11.5x book value

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

PEG RatioValuation
2.962/10

Expensive relative to growth rate

P/E RatioValuation
87.3x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : IIIV

The strongest argument for IIIV centers on Price/Book, Debt/Equity, Altman Z-Score.

Bull Case : PANW

The strongest argument for PANW centers on EPS Growth, Debt/Equity, Market Cap. Revenue growth of 14.9% demonstrates continued momentum.

Bear Case : IIIV

The primary concerns for IIIV are Revenue Growth, Market Cap, Return on Equity. A P/E of 278.8x leaves little room for execution misses.

Bear Case : PANW

The primary concerns for PANW are Price/Book, Piotroski F-Score, PEG Ratio. A P/E of 87.3x leaves little room for execution misses.

Key Dynamics to Monitor

IIIV carries more volatility with a beta of 1.00 — expect wider price swings.

PANW is growing revenue faster at 14.9% — sustainability is the question.

PANW generates stronger free cash flow (470M), providing more financial flexibility.

Monitor SOFTWARE - INFRASTRUCTURE industry trends, competitive dynamics, and regulatory changes.

Bottom Line

PANW scores higher overall (58/100 vs 37/100) and 14.9% revenue growth. 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.

i3 Verticals Inc

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA

i3 Verticals, Inc. provides integrated payment and software solutions to small and medium-sized businesses and organizations in the education, nonprofit, public sector, property management, and healthcare markets in the United States. The company is headquartered in Nashville, Tennessee.

Palo Alto Networks Inc

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA

Palo Alto Networks, Inc. provides cybersecurity platform solutions globally. The company is headquartered in Santa Clara, California.

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