COMP <GO>
ARM vs IBM // ALTMAN Z-SCORE & DEBT/EQUITY
Arm Holdings plc (NASDAQ) VS. International Business Machines Corporation (NYSE) • 15-METRIC TALLY: ARM 5
— IBM 8
▲ ALTMAN Z-SCORE & DEBT/EQUITY LEADER: ARM
LAST: $228.77 (-3.02%) • MKT CAP: $243.42B
balance-sheet
26.00
LAST: $258.28 (+2.00%) • MKT CAP: $244.11B
balance-sheet
3.38
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ARM VS. IBM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ARM | IBM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 96.00% | 58.20% | +37.80 | ARM | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 3.70% | 13.80% | -10.10 | IBM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 95.0x | 20.6x | +74.40 | IBM | /valuation <GO> |
| Free Cash Flow Yield | 0.40% | 4.96% | -4.56 | IBM | /fcf-yield <GO> |
| Operating Margin | 18.30% | 19.10% | -0.80 | IBM | /operating-margins <GO> |
| Net Profit Margin | 18.40% | 15.70% | +2.70 | ARM | /net-margins <GO> |
| Revenue Growth (YoY) | 22.80% | 7.60% | +15.20 | ARM | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 2.56% | -2.56 | IBM | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | 26.00 | 3.38 | +22.62 | ARM | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 7/9 | +2.00 | ARM | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 44.6 | 71.2 | -26.60 | IBM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.14 | 1.30 | -0.16 | IBM | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 21.4x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $243.42B | $244.11B | -$681.9M | IBM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ARM REV | IBM REV | ARM GROSS % | IBM GROSS % | ARM FCF | IBM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.92B | $67.53B | 97.5% | 58.2% | $979.0M | $12.10B |
| FY 2024 | $4.01B | $62.75B | 97.0% | 56.7% | $178.0M | $12.40B |
| FY 2023 | $3.23B | $61.86B | — | — | $944.5M | $11.15B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ARM // BETA 1.14
IBM // BETA 1.30