WallStSmart

Royal Bank of Canada (RY)vsXp Inc (XP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Royal Bank of Canada generates 260% more annual revenue ($67.15B vs $18.63B). RY leads profitability with a 33.9% profit margin vs 28.5%. XP trades at a lower P/E of 10.0x. XP earns a higher WallStSmart Score of 73/100 (B).

RY

Strong Buy

66

out of 100

Grade: B-

Growth: 7.3Profit: 8.0Value: 5.7Quality: 5.0
Piotroski: 4/9Altman Z: -0.50

XP

Strong Buy

73

out of 100

Grade: B

Growth: 6.0Profit: 8.0Value: 6.7Quality: 3.3
Piotroski: 3/9

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

RY5 strengths · Avg: 9.2/10
Market CapQuality
$281.45B10/10

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%

P/E RatioValuation
17.9x8/10

Attractively priced relative to earnings

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

XP6 strengths · Avg: 9.3/10
P/E RatioValuation
10.0x10/10

Attractively priced relative to earnings

Operating MarginProfitability
31.2%10/10

Strong operational efficiency at 31.2%

Free Cash FlowQuality
$11.12B10/10

Generating 11.1B in free cash flow

Return on EquityProfitability
21.2%9/10

Every $100 of equity generates 21 in profit

Profit MarginProfitability
28.5%9/10

Keeps 29 of every $100 in revenue as profit

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Areas to Watch

RY4 concerns · Avg: 2.3/10
PEG RatioValuation
2.264/10

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

XP2 concerns · Avg: 2.0/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Debt/EquityHealth
3.741/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

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%.

Bull Case : XP

The strongest argument for XP centers on P/E Ratio, Operating Margin, Free Cash Flow. Profitability is solid with margins at 28.5% and operating margin at 31.2%. Revenue growth of 10.6% demonstrates continued momentum.

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.

Bear Case : XP

The primary concerns for XP are Piotroski F-Score, Debt/Equity. Debt-to-equity of 3.74 is elevated, increasing financial risk.

Key Dynamics to Monitor

XP carries more volatility with a beta of 1.10 — expect wider price swings.

XP is growing revenue faster at 10.6% — sustainability is the question.

XP generates stronger free cash flow (11.1B), providing more financial flexibility.

Monitor BANKS - DIVERSIFIED industry trends, competitive dynamics, and regulatory changes.

Bottom Line

XP scores higher overall (73/100 vs 66/100), backed by strong 28.5% margins and 10.6% revenue growth. Both earn "Strong Buy" and "Strong 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.

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.

Xp Inc

FINANCIAL SERVICES · CAPITAL MARKETS · USA

XP Inc. offers financial products and services in Brazil. The company is headquartered in So Paulo, Brazil.

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